A split verdict on Snow Day 4. Some school systems and colleges and universities are out again Friday, others are not and still others are opening later in the day. Shelby County Schools, which is out, says it has 13 extra days built into its schedule for just such an event or events – that is 13 days extra beyond the 180 days the state requires as the bare minimum for a school year.

2. Container Apartments, Warehouse Moving Ahead - Friday, January 19, 2018

Plans for a southeast Memphis textiles distribution facility and a Medical District apartment development made of shipping containers both took steps forward Wednesday, Jan. 17, with approvals from local boards.

3. Memphis Hilton Sale, New FedEx Hub Building Highlight Busy Week - Monday, January 15, 2018

939 Ridge Lake Blvd.

Memphis, TN 38120

Sale Amount: $31 million

Sale Date: Jan. 3, 2018

Buyer: Linchris Hotel Corp.

Seller: Davidson Hotels and Resorts

4. Industrial Market Closes 2017 With Strong Q4 - Wednesday, January 3, 2018

The Memphis industrial market finished the year strong by adding almost 1 million square feet of net absorption in the fourth quarter, bringing the 2017 total to more than 4.3 million square feet.

It also marked the 18th consecutive quarter of positive net absorption for the Memphis market, capping off a more than four-year span that has seen more than 23 million square feet of space absorbed, according to brokerage firm CBRE’s Q4 Industrial MarketView report.

5. Pinnacle Adds to Local Mortgage Teams - Saturday, November 18, 2017

Stephanie Pilkington and Ken Pruett have joined Pinnacle Financial Partners as senior vice presidents and mortgage advisers.

6. Pinnacle Adds to Local Mortgage Teams - Tuesday, November 14, 2017

Stephanie Pilkington and Ken Pruett have joined Pinnacle Financial Partners as senior vice presidents and mortgage advisers.

7. Iconic E. Memphis Office Building Sells for $19.7M - Monday, November 6, 2017

Nashville-based Magnolia Capital Investments has purchased the Trustmark Centre located at 5350 Poplar Ave. from Israeli investors, Faropoint Ventures. Faropoint intends to reinvest proceeds from the sale to buy other Memphis properties.

8. Exeter Closes on Fifth Major Purchase in October - Saturday, November 4, 2017

Pennsylvania-based real estate investment management firm Exeter Property Group made its fifth significant local investment within a month with the $13.8 million purchase of a 400,000-square-foot industrial property in southeast Memphis.

9. Exeter Closes on Fifth Major Purchase in October - Wednesday, November 1, 2017

Pennsylvania-based real estate investment management firm Exeter Property Group made its fifth significant local investment within a month with the $13.8 million purchase of a 400,000-square-foot industrial property in southeast Memphis.

10. Gibson Plans to Sell Downtown Factory, Build a New One - Monday, October 30, 2017

145 Lt. George W. Lee Ave., Memphis, TN 38103: Nashville-based guitar maker Gibson Brands Inc. confirmed Friday, Oct. 20, it is putting its Downtown Memphis factory on the market and plans to build and lease a new facility nearby.

11. Pennsylvania Investor Buys More Memphis Property - Saturday, October 28, 2017

Exeter Property Group has made its second significant splash in the Memphis market with the combined $34.5 million acquisition of two industrial properties.

In the first purchase, Exeter Property Group, doing business as Exeter 4755 Southpoint LLC, purchased a 700,000-square-foot Class A warehouse located at 4755 Southpoint Drive from New York-based Treeview Real Estate Advisors LP for $17.3 million.

12. Pennsylvania Investment Group Makes $34.5M Splash - Tuesday, October 24, 2017

Exeter Property Group as make its second significant splash in the Memphis market with the combined $34.5 million acquisition of two industrial properties.

In the first purchase, Exeter Property Group, doing business as Exeter 4755 Southpoint LLC, purchased a 700,000-square-foot Class A warehouse located at 4755 Southpoint Drive from New York-based Treeview Real Estate Advisors LP for $17.3 million.

13. Fully Loaded - Saturday, July 29, 2017

It’s almost like the first half of 2017 was a decade in the making, at least when it comes to commercial real estate. Throughout all four major sectors of the Memphis-area commercial real estate market – industrial, office, retail and multifamily – figures are consistently reaching or exceeding pre-recession marks.

14. Coca-Cola Opens $5M Memphis Hub - Saturday, December 5, 2015

Wednesday, Dec. 2, marked the grand opening of Coca-Cola Refreshments’ $5 million regional warehouse and distribution center.

The 270,000-square-foot facility is at 3014 Alaska Street in the Southpoint Business Park.

15. Coca-Cola Opens $5M Memphis Hub - Wednesday, December 2, 2015

Wednesday, Dec. 2, marks the grand opening of Coca-Cola Refreshments’ $5 million regional warehouse and distribution center.

The 270,000-square-foot facility is at 3014 Alaska Street in the Southpoint Business Park.

16. Disney Store Distribution Center Sells for $27.5M - Saturday, August 15, 2015

DDC Investment Inc., a Colorado nonprofit corporation, has acquired The Disney Store’s Memphis distribution operation.

17. $9.5 Million Permit Filed For Downtown Hotel - Tuesday, August 11, 2015

310 Union Ave.
Memphis, TN 38103

Permit Cost: $9.5 million

Permit Date: Applied August 2015

18. Disney Store Distribution Center Sells for $27.5M - Monday, August 10, 2015

DDC Investment Inc., a Colorado nonprofit corporation, has acquired The Disney Store’s Memphis distribution operation.

19. Disney Store's Memphis Distribution Center Sells for $27.5 Million - Friday, August 7, 2015

DDC Investment Inc., a Colorado nonprofit corporation, has acquired The Disney Store’s Memphis distribution operation.

20. West-Ward Pharmaceutical Plans Distribution Center Expansion - Tuesday, August 4, 2015

4750 Pleasant Hill Road
Memphis, TN 38116
Loan Amount: $6.1 million

21. Dayco Picks Memphis Distribution Center Locale - Saturday, July 4, 2015

A Michigan-based belts and hose manufacturer has settled on a location for its North American distribution center.

Dayco Products LLC has selected Centerpoint III at 3530 E. Raines Road.

22. Fino’s Taking a Bite Out of East Memphis - Thursday, July 2, 2015

The Brookhaven Circle area, an emerging restaurant row in the heart of East Memphis, is welcoming a new neighbor.

Jerry Wilson, owner of Fino’s from the Hill at 1853 Madison Ave. in Midtown, has acquired the property at 703 W. Brookhaven Circle in East Memphis for $526,600.

23. Dayco Wins Tax Break For Distribution Operations - Friday, June 19, 2015

Michigan-based manufacturer Dayco Products Ltd. will consolidate its distribution operations in the Memphis area, but exactly where remains undecided.

“Due to the continued growth in demand for our products and increased product complexity over the past several years, we have committed to this significant capital investment in order to deliver increased value to our customers,” said Ed Rammel, president of the North American and Australian Aftermarket for Dayco, in a company statement.

24. Dayco Awarded Tax Incentive for Memphis Warehouse - Thursday, June 18, 2015

A Michigan-based manufacturer of belts and other items for the automotive, industrial and aftermarket sectors has been awarded a tax break to open a national distribution center in Memphis.

The city-county Economic Development Growth Engine awarded Dayco Products Ltd. a five-year tax incentive for the distribution center, which will employ 174 workers. The average annual pay for employees would be $26,753, plus benefits.

25. Coke Seeks Building Permit for Distribution Facility - Saturday, May 16, 2015

Coca-Cola is building out its new Memphis home.

The soft drink giant has applied for a $1.7 million building permit for its new 266,800-square-foot location at 4770 Southpoint Road in Memphis. Heard Construction Inc. is listed as the general contractor on the building permit application.

26. Coke Seeks Building Permit For New Distribution Facility - Thursday, May 14, 2015

Coca-Cola is building out its new Memphis home.

The soft drink giant has applied for a $1.7 million building permit for its new 266,800-square-foot location at 4770 Southpoint Road in Memphis. Heard Construction Inc. is listed as the general contractor on the building permit application.

27. Memphis Industrial Portfolio Sells for $86.3 Million - Monday, March 2, 2015

A Minnesota-based real estate investment trust has acquired a large Memphis industrial portfolio for $86.3 million, one of the largest transactions ever recorded in the Memphis market.

Welsh Property Trust acquired the six-building, 2.3 million-square-foot portfolio from DCT Industrial Trust in a sale that was finalized last week. Built between 1998 and 2001, the six buildings are located in the Eastpark, Chickasaw and Southpoint Industrial Parks. The purchase price breaks down to about $37 per square foot.

28. Memphis Industrial Portfolio Sells for $82.6 Million - Monday, March 2, 2015

A Minnesota-based real estate investment trust has acquired a large Memphis industrial portfolio for $82.6 million, one of the largest transactions ever recorded in the Memphis market.

Welsh Property Trust acquired the six-building, 2.3 million-square-foot portfolio from DCT Industrial Trust in a sale that was finalized last week. Built between 1998 and 2001, the six buildings are located in the Eastpark, Chickasaw and Southpoint Industrial Parks. The purchase price breaks down to about $37 per square foot.

29. Coca-Cola Awarded Incentives to Stay, Expand in Memphis - Wednesday, February 18, 2015

Coca-Cola appears poised to grow its Memphis presence.

The city-county Economic Development Growth Engine awarded Coca-Cola Refreshments USA Inc. a 15-year tax break Wednesday, Feb. 18 to consolidate distribution operations in Memphis and West Memphis, Ark., into one facility in Memphis.

30. Coca-Cola Considers Relocation, Consolidation - Saturday, February 14, 2015

Coca-Cola Refreshments USA Inc. is considering a $4.8 million project to consolidate distribution operations in Memphis and West Memphis, Ark., into one facility in Memphis, according to application for a tax freeze.

31. Music Lounge to Open in Edge District - Friday, July 25, 2014

The Edge District near Downtown lost a theater but is gaining a new live music lounge in August.

The Dizzy Bird, named after legendary Jazz greats John “Dizzy” Gillespie and Charlie “Bird” Parker, is slated to open Aug. 2 at 652 Marshall Ave.

32. Exeter Assigns Portfolio to Commercial Advisors - Saturday, March 23, 2013

Pennsylvania-based Exeter Property Group has awarded the facilities management assignment of its newly acquired, 2.5 million-square-foot industrial portfolio to Cushman & Wakefield/Commercial Advisors Asset Services LLC. The four buildings were acquired from DCT Industrial.

33. Exeter Assigns Portfolio to Commercial Advisors - Thursday, March 21, 2013

Pennsylvania-based Exeter Property Group has awarded the facilities management assignment of its newly acquired, 2.5 million-square-foot industrial portfolio to Cushman & Wakefield/Commercial Advisors Asset Services LLC. The four buildings were acquired from DCT Industrial.

34. Capital Influx - Monday, October 29, 2012

Capital is finally being set free in the Memphis industrial market, with opportunities on both the buy and sale side of investment deals.

Nearly $200 million has been spent since June, as public and private institutional buyers alike make large plays.

35. Firms Make Investments in Memphis Distribution - Tuesday, July 10, 2012

In the past month, a pair of out-of-town firms have scooped up local distribution warehouses, growing its Memphis industrial real estate portfolio and planning for more.

Montreal-based Olymbec USA LLC recently closed on its $1.5 million purchase of 3615 Lamar Ave. from an entity affiliated with Miami-based loan servicer LNR Partners LLC.

36. Exeter Closes On Acquisition Of ProLogis Properties - Friday, June 15, 2012

Pennsylvania-based Exeter Property Group has closed on its acquisition of 10 Memphis-area industrial buildings for $40 million from San Francisco-based ProLogis Inc.

37. Fla. Company Buys Cordova Retail Center - Friday, June 8, 2012

Coral Springs, Fla.-based Swiss Capital Group LLC has acquired The Shops of Woodland Hills in Cordova for $3.1 million.

38. DRA Advisors Closes on Two Shelby Drive Warehouses - Friday, June 1, 2012

New York-based DRA Advisors LLC has closed on two Memphis warehouse properties for $12.3 million, as part of a larger portfolio purchase from Houston-based Weingarten Realty Investors.

39. Weingarten Realty to Sell Two Industrial Properties - Friday, April 13, 2012

Weingarten Realty Investors, a Houston-based owner, manager and developer of shopping centers, is preparing to sell its wholly-owned industrial portfolio – which includes two properties in Memphis – to New York-based DRA Advisors LLC for $382.4 million.

40. Green Shoots - Monday, November 28, 2011

As the local commercial real estate market approaches the end of 2011, experts say it appears to be in line with national fundamentals for secondary and tertiary markets.

Shelby County commercial sales in the third quarter were the highest sales volume since Q3 2007, with $259 million, according to real estate information company Chandler Reports, www.chandlerreports.com.

41. Blackstone-Affiliated LLCs Buy Warehouses for $22M - Tuesday, December 21, 2010

4460 E. Holmes Road
Memphis, TN 38118
Sale Amount: $12.1 million

Sale Date: Dec. 8, 2010
Buyer: BRE/EX TN Properties LLC
Seller: Exeter 4460 Holmes LLC
Loan Amount: $18.4 million
Loan Date: Dec. 10, 2010
Maturity Date: n/a

42. Blackstone Group Affiliate Buys Warehouses for $22M - Friday, December 17, 2010

A limited liability company affiliated with the N.Y.-based Blackstone Group LP has bought warehouses in Airport Industrial Park for $22 million total.

43. Area Unemployment Could Top 9 Percent - Friday, January 23, 2009

The Web site that once advertised brand-name electronics for Circuit City Stores Inc. today is little more than a good-bye note.

44. Memphis Industrial Market Experiences 'Flat' 3rd Quarter - Monday, November 19, 2007

One large and lingering transaction resulted in a poor showing for Memphis' industrial leasing market during the third quarter of 2007.

Carrier Corp. formally vacated the 500,000 square feet it once occupied in the Southpoint Distribution Center in South Memphis to move to Holly Springs, Miss., in Marshall County.

45. Archived Article - Tuesday, July 24, 2007

5015 Citation Drive
Memphis, TN 38118
Sale Amount: $19.3 million

Sale Date: June 27, 2007

Buyer: Distribution I TL Owner LLC

46. Foreign Group Buys PortfolioIncluding Three Memphis Sites - Thursday, July 19, 2007
     A group of foreign investors has bought three Memphis distribution sites as part of a $270 million, 22-building deal.
     The investors, working under the name Distribution I TL Owner LLC, b

47. Archived Article: Gov Focus - Friday, July 30, 2004
Brian pecon, Director of office of econ develop for

Tax Freeze Spurs Williams-Sonoma Expansion

ANDY MEEK

The Daily News

The expansion of Williams-Sonoma Inc.s Memphis distribution operations should bolster Memphis status as a major distr...

48. Archived Article: Panattoni (lead) - Monday, February 19, 2001
Commuter airline appeals zoning change to City Council Panattoni asks council to rezone 200-acre tract By MARY DANDO The Daily News Cosair Mitchell & Andrews Investments is asking for 202 acres it owns in Southeast Memphis to be rezoned in order...

49. Archived Article: Real Focus (r-up) - Tuesday, December 26, 2000
Real Estate Focus Year 2000 Roundup Overall, 2000 was a good year for Memphis real estate By MARY DANDO The Daily News What a long, strange year its been. It was a phenomenal year for home sales, according to the Memphis Area Association of Realtors...

50. Archived Article: Tech Focus - Wednesday, October 18, 2000
E-commerce distribution more than just moving boxes E-commerce distribution more than just moving boxes By KATHLEEN BURT The Daily News From Planet.Rx to Toys R Us to Barnes and Noble, companies that want an e-commerce presence have found Memphis an...

51. Archived Article: Idb (lead) - Tuesday, May 16, 2000
By Stacey Wiedower SBC plan to bring 124 jobs to county By Stacey Wiedower The Daily News Several projects that would create jobs and add industry to the Memphis area are scheduled for consideration by the Industrial Development Board at its monthly...

52. Archived Article: Real Review - Tuesday, May 2, 2000
Trammell Crow Co Trammell Crow Co. represented three tenants in recent office lease transactions. Norwest Mortgage signed a lease for 12,085 square feet at 1775 Pyramid Place in Nonconnah Corporate Center. The office will be the headquarters for Nor...

53. Archived Article: Real Review Lj - Tuesday, April 4, 2000
Former Hamilton Beach Former Hamilton Beach facility purchased Collierville Business Center LLC has purchased the 125,000-square-foot Hamilton Beach facility for $2.7 million, according to a special warranty deed filed in the Shelby County Registers...

54. Archived Article: Real Briefs - Tuesday, December 14, 1999
A new, two-tiered fee structure for housing finance agencies that process ``lite transactions as part of the Department of H A new, two-tiered fee structure for housing finance agencies that process ``lite transactions as part of the Department of H...

55. Archived Article: Tech Focus - Wednesday, August 25, 1999
www www.coming to Memphis From barnesandnoble.com to planetrx.com, companies Are choosing Memphis distribute their online sales By KATHLEEN BURT The Daily News In the same vein as Toys R Us and PlanetRx, Memphis and Shelby County have found favor wi...

56. Archived Article: Toys (back) - Wednesday, April 28, 1999
Toys R Us signs agreement for Memphis distribution center Toys R Us buys Memphis center By LAURIE JOHNSON The Daily News Proteam.com, formerly Genesis Direct, has signed an agreement to sell its 500,000-square-foot Memphis distribution center at 477...

57. Archived Article: Real Review - Tuesday, April 13, 1999
By LAURIE JOHNSON Real Review Marianna Memphis Inc., a Nebraska corporation, financed $2 million through U.S. Bank, securing the loan with 7.4 acres on Jackson Avenue, according to a trust deed filed April 6 in the Shelby County Registers Office. St...

58. Archived Article: Real Review - Tuesday, April 6, 1999
By LAURIE JOHNSON Real estate review UT Medical Group Inc., a Tennessee nonprofit corporation, financed $23.7 million through National Bank of Commerce, securing the loan with 1.3 acres on Ridgeway Loop Road in the Ridgeway Center Planned Unit Devel...

59. Archived Article: Graph - Wednesday, April 29, 1998
Commercial Construction Commercial Construction A tenant finish project has started for Baby Gap on West Street. Other commercial construction projects started in the past week, according to building permits issued by the Shelby County Construction ...

60. Archived Article: Menlo Chg - Thursday, February 26, 1998
B0793898 Feb 17 1998 12:00AM 4995 Citation Dr 381180000 CNY (null) (null)(null) Menlo Logistics 4995 Citation Dr 381180000 (null) Grinder Taber & Grinder, Inc California logistics company to open Memphis operation By CAMILLE H. GAMBLE The Daily ...

61. Archived Article: Genesisdirect - Wednesday, January 22, 1997
1-22-97 GenesisDirect.gs Direct catalogue marketing, distribution center moving South By GABRIELLE C.L. SONGE The Daily News Genesis Direct, Inc., a New Jersey based firm, is asking Memphis and Shelby County for a 10-year tax abatement on a 400,000-...

62. Archived Article: Back (indust Jts) - Wednesday, May 15, 1996
5/15 jts indust. dev. bd. United Dominion, Thomas & Betts apply for tax freeze By JAMES SNYDER The Daily News Two Fortune 500 companies and a third firm take property tax freeze proposals to the Memphis/Shelby County Industrial Development Board...