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1. McLean Wilson To Address Crosstown’s Resurgence
- Monday, October 19, 2015
Four years ago, the Sears Crosstown building started on a complete transformation into becoming a vertical urban village as Crosstown Concourse. It hasn’t been an easy journey for McLean Wilson, leader of the abandoned building’s $200 million redevelopment, but it’s one that has the potential to uplift other disinvested areas in Memphis commercial real estate.
2. Belz Sells Champion Hills Office Building for $7.8M
- Tuesday, October 13, 2015
3725 Champion Hills Drive
Memphis, TN 38125
Sale Amount: $7.8 million
Sale Date: Oct. 8, 2015
Buyer: Champion Hills Realty Holdings LLC
Seller: Belz Investco GP
Loan Amount: $5.5 million
Loan Date: Oct. 5, 2015
Lender: C-III Commercial Mortgage LLC
Details: Belz Enterprises made another big real estate deal on the tail of its recent announcement to redevelop the corner of McLean Boulevard and Union Avenue into a mixed-use development.
3. Graceland Hotel Developers File $84 Million Construction Loan
- Tuesday, June 30, 2015
3600 Elvis Presley Blvd.
Memphis, TN 38116
Loan Amount: $84 million
4. Memphis Resolutions
- Saturday, December 27, 2014
The end of the year hastens a season of resolutions about the year ahead, resolutions about what to include on the blank canvas of a new year.
No matter who you are, the road to 2015 starts at the same place – through the experience of 2014. With that in mind, we surveyed many of the people we’ve covered in these pages in the last year to talk about the possibilities ahead.
5. Polo Shops Sells for $3.1 Million After Foreclosure
- Tuesday, February 25, 2014
7444 Winchester Road, 7464 Winchester Road
Memphis, TN 38125
Sale Amount: $3.1 million
6. Polo Shops Sells for $3.1 Million After Foreclosure
- Monday, February 24, 2014
The Polo Shops retail center on Winchester Road in Southeast Memphis has sold for $3.1 million following a foreclosure.
An entity called TOP11 - 7444 Winchester RD LLC bought the property, whose addresses are 7444 Winchester Road and 7464 Winchester Road, in a Feb. 19 substitute trustee’s deed from R. Spencer Clift III of Baker, Donelson, Bearman, Caldwell & Berkowitz PC.
7. Economist Outlines US Freight Network at Intermodal Conference
- Thursday, September 26, 2013
The Intermodal Freight Transportation Institute at the University of Memphis welcomed a distinguished list of guest speakers to its seventh annual Intermodal Freight Conference at the FedEx Institute of Technology Tuesday, Sept. 24.
8. Polo Shops on Winchester Facing Foreclosure
- Thursday, February 07, 2013
The Polo Shops on Winchester Road is facing foreclosure after owner MPI/Polo I & II defaulted on a $3.9 million loan, according to a first-run foreclosure notice in the Thursday, Feb. 7, edition of the Daily News.
9. Daunting Vision
- Tuesday, October 02, 2012
To say the team behind the redevelopment of the nearly 20-year-vacant Sears, Roebuck & Co. Retail and Catalog distribution facility in Midtown’s Crosstown neighborhood has their work cut out for them would be an understatement at best.
10. Growing Power
- Wednesday, April 11, 2012
The outlook is as bright as ever for the local solar industry. Two large solar arrays are opening this week in Memphis and Haywood County, while industry leaders are gathering here this week to tout solar power and its growth in Tennessee in recent years.
11. Renewed Vision
- Tuesday, July 12, 2011
Victorian Village Inc. executive director Scott Blake has spent the past five years diligently working to revitalize the neighborhood he calls home, and a slew of recent projects indicate Victorian Village could be on the cusp of a renaissance.
12. AIA Memphis Prez: Architecture Job Outlook ‘More Positive’
- Monday, May 02, 2011
Architect Brett Ragsdale has plenty of trophies in his portfolio, but at the moment has his sights set on designing the future of his slowly recovering industry.
13. Few Engineering Firms Credit Stimulus For Survival
- Tuesday, August 17, 2010
The federal stimulus program has been very, very good to the Pickering Firm Inc., a Memphis-based engineering company.
14. Redesigned and Rebuilt
- Tuesday, August 17, 2010
David Schuermann, president of Architecture Inc., said his 16-year-old Downtown firm specializes in renovations and restorations to existing buildings.
15. A Sense of Place
- Monday, July 26, 2010
June West was born with a proverbial thick skin. She said her parents blessed her with an uncanny ability to take criticism in stride, an important trait for anyone who faces the verbal abuse that West routinely absorbs as executive director of the nonprofit Memphis Heritage Inc.
16. Looking for Lift
- Monday, May 10, 2010
The Memphis Airport Area Development Corp., a nonprofit corporation dedicated to improving corridors and neighborhoods around the airport, has taken an important step toward fulfilling its mission.
17. Economies of Scale
- Friday, August 21, 2009
The dynamics of a bleak economy render a simple equation when applied to the architecture and design industry.
If financing is tight, then fewer construction projects are started. If fewer construction projects are started, then the need for architectural firms to create blueprints and design buildings also diminishes. And if there’s a decreased need for architectural firms, then some companies are forced to cut staff and many more to implement hiring freezes.
18. Charter School to Rehab Potential Eyesore
- Thursday, August 06, 2009
Not surprisingly, business education is standard fare at the Memphis Business Academy, a charter school about to begin its fifth academic year.
And in the coming semesters MBA students will receive an important lesson in one particular aspect of the business world – real estate acquisition and repositioning – as the administration takes possession of the 86,640-square-foot big-box retail building at 3306 Overton Crossing St. in Frayser and turns it into the school’s new home.
19. Regions Financial to Report Surprise Q1 Profit
- Monday, April 20, 2009
NEW YORK (AP) - Regions Financial Corp. surprised investors with good news Thursday, saying it expects to report a profit for the first quarter when most analysts had predicted a significant loss.
20. Main Street’s Big Hole To Be Filled at Last
- Wednesday, January 28, 2009
Center City Commission president Jeff Sanford knew some developers and others doubted anything would get built anytime soon in the big hole at Gayoso Avenue and Main Street.
21. Goldman Sachs Posts First Loss Since Going Public
- Wednesday, December 17, 2008
NEW YORK (AP) - Goldman Sachs Group Inc. on Tuesday reported its first quarterly loss since it went public in 1999, losing $2.29 billion during its fiscal fourth quarter.
22. Mortgage-Market Trouble Reaches Big Credit Unions
- Tuesday, August 12, 2008
Five of the nation's largest credit unions are reporting big paper losses on mortgage-related securities, a sign that housing-market distress is spreading even to the most risk-averse financial sectors.
23. Foreclosure Notice FiledFor University Tower Condos
- Monday, March 26, 2007
Lehman Brothers Bank has begun foreclosure proceedings on 149 of the 159 units in University Tower Condominiums, 1387 Central Ave. A first-run notice of the bank's intent to foreclose on condos owned by Cameron L.C. appe
24. Archived Article
- Tuesday, May 23, 2006
5856 Summer Ave.
Bartlett, TN 38134
Sale Amount: $1.6 million
Sale Date: April 3, 2006
Buyer: Paladins Summers LLC
25. U of M Launches Real Estate Center
- Monday, October 03, 2005
Real estate professionals across the Memphis area have a new, centralized source of information on the latest industry trends. The University of Memphis Sparks Bureau of Business and Economic Research created a Center for Real Estate Research earlier this year, made possible by a $300,000 award to be granted over four years by the Memphis Area Association of Realtors' Education Foundation.
26. Archived Article: Law Focus
- Thursday, September 26, 2002
Schools, sewers deciding factor in county expansion
Board contends schools deciding factor in county growth By MARY DANDO
The Daily News
The sleepy, historic community of Lucy, situated between Raleigh-Millington Road and U.S. Highway 51, c...
27. Archived Article: Real Focus
- Tuesday, January 15, 2002
Smart growth addresses sprawl, schools Smart growth addresses sprawl, schools By JENNIFER MURLEY The Daily News At first mention, suburban flood plains, funding for new county schools and decaying inner-city neighborhoods may sound like unrelated is...
28. Archived Article: Real Briefs
- Tuesday, October 16, 2001
National Association of Women in Construction will meet at Andertons Restaurant, 1901 Madison Ave
National Association of Women in Construction will meet at Andertons restaurant, 1901 Madison Ave., at 6:30 p.m. Tuesday. Dinner is $15. For reserva...
29. Archived Article: Real Review
- Tuesday, January 30, 2001
Memphis-based MalmoMemphis Real Estate Inc MalmoMemphis joins international alliance Memphis-based MalmoMemphis Real Estate Inc. has joined the growing number of exclusive tenant-only commercial real estate companies in the International Tenant Repr...