1245 N. Germantown Parkway,
Cordova, TN 38016

Sale Amount: $12.6 million

2. Faropoint Sells G'town Retail Center for $13M - Saturday, July 21, 2018

Faropoint Ventures, doing business as Germantown Square Retail LLC, has sold a 142,000-square-foot retail building to Florida investor Nash Fields LLC for $12.6 million.

3. Faropoint Sells Germantown Retail Center for $13M - Monday, July 16, 2018

Faropoint Ventures, doing business as Germantown Square Retail LLC, has sold a 142,000-square-foot retail building to Florida investor Nash Fields LLC for $12.6 million.

4. One Beale, St. Jude, Sedgwick Projects Move Forward - Monday, June 4, 2018

263 Wagner Place, Memphis, TN 38103: Carlisle Corp.’s expanded plans for One Beale received unanimous approval from the Center City Revenue Finance Corp. on Tuesday, May 29.

5. Gregory Realty Grows Industrial Portfolio - Saturday, June 2, 2018

Memphis-based Gregory Realty has acquired more than 53,000 square feet of industrial/flex space at 3920 S. Perkins Road and 3900 Perkins Cut Off Road for $1.6 million.

6. Gregory Realty Grows Industrial Portfolio - Thursday, May 31, 2018

Memphis-based Gregory Realty has acquired more than 53,000 square feet of industrial/flex space at 3920 S. Perkins Road and 3900 Perkins Cut Off Road for $1.6 million.

7. Gregory Realty Grows Industrial Portfolio - Wednesday, May 30, 2018

Gregory Realty has acquired more than 53,000 square feet of industrial/flex space at 3920 S. Perkins Rd. and 3900 Perkins Cut Off Rd. for just over $1.6 million.

8. Faropoint, Belz Sell of Part of Retail Portfolio - Monday, May 21, 2018

7501 Goodman Road, Olive Branch, MS 38654 and 7685 Hacks Cross Road, Olive Branch, MS 38654:  Faropoint Ventures continues to remain active in the Greater Memphis Area with the sale of two Olive Branch retail centers for a combined $9.24 million.

9. Faropoint Sells Two Olive Branch Retail Centers - Saturday, May 19, 2018

Faropoint Ventures continues to remain active in the greater Memphis area with the sale of two Olive Branch retail centers for a combined $9.2 million.

NAI Saig Co. executive vice president Brian Califf and Elliot Embry negotiated the sale of the more than 54,000 square feet of retail space by representing Faropoint in the deal.

10. Faropoint Sells Two Olive Branch Retail Centers for Almost $10M - Wednesday, May 16, 2018

Faropoint Ventures continues to remain active in the Greater Memphis Area with the sale of two Olive Branch retail centers for a combined $9.24 million.

NAI Saig Co. executive vice president Brian Califf and Elliot Embry negotiated the sale of the more than 54,000 square feet of retail space by representing Faropoint in the deal.

11. Faropoint Converting ‘Diamond In The Rough’ - Tuesday, May 15, 2018

So far this year Faropoint Ventures has already acquired $37 million in property in the Memphis area and has its sights set on another $38 million by year’s end.

But of all those properties, one in particular stood out to NAI Saig Co.’s Hank Martin and Brian Califf, who are representing Faropoint in the Memphis market.

12. Two Large Industrial Portfolios in Southeast Memphis Sold - Monday, May 7, 2018

4049 Willow Lake Blvd., Memphis, TN 38118 (portfolio)

Sale Amount: $21.8 million

Buyer: Faropoint Ventures

Buyer Rep: Brian Califf, NAI Saig Co.

13. Faropoint Grows Portfolio By Nearly 1M Square Feet - Saturday, May 5, 2018

Faropoint Ventures has purchased another batch of properties in the Memphis area, effectively increasing its local footprint by almost 1 million square feet.

NAI Saig Co. executive vice president Brian Califf represented Faropoint in the $21.8 million multiproperty deal.

14. Faropoint Expands Portfolio By Nearly 1M Square Feet - Wednesday, May 2, 2018

Faropoint Ventures has purchased another batch of properties in the Memphis area, effectively increasing its local footprint by almost 1 million square feet.

NAI Saig Co. executive vice president Brian Califf represented Faropoint in the $21.8 million multiproperty deal.

15. Stage Stop Retail Center Switches Hands - Saturday, April 28, 2018

A Raleigh retail bay containing a long-time music venue has switched hands.

Prewitt Andrews LLC sold the retail strip center that contains longtime tenant and popular music venue The Stage Stop to Land Mark Retail LLC for $365,000. The strip center is located at 4336 Stage Road.

16. Stage Stop Retail Center Switches Hands - Friday, April 27, 2018

A Raleigh retail bay containing a long-time music venue has switched hands.

Prewitt Andrews LLC sold the retail strip center that contains longtime tenant and popular music venue The Stage Stop to Land Mark Retail LLC for $365,000. The strip center is located at 4336 Stage Road.

17. Wolfchase Retail Building Sells for $2.3 Million - Saturday, February 10, 2018

A 17,000-square-foot retail building near Wolfchase Galleria has sold for $2.3 million.

NAI Saig Co. executive vice president Brian Califf and vice president Bryan Evans represented the seller, Stone Gallery LLC, in the transaction.

18. Wolfchase Retail Building Sells for $2.3 Million - Friday, February 9, 2018

A 17,000-square-foot retail building near Wolfchase Galleria has sold for $2.3 million.

NAI Saig Co. executive vice president Brian Califf and vice president Bryan Evans represented the seller, Stone Gallery LLC, in the transaction.

19. 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

20. Car Product Manufacturer Signs 400,000 SF Lease - Thursday, January 11, 2018

Car care product manufacturer Meguiar's Inc. has executed a new lease for 403,000 square feet in the Raines Distribution Center at 5555 E. Raines Road.

21. Gibson Guitar Factory Property Fetches $14.4M, New Midtown Tiki Bar Opening Soon - Monday, January 1, 2018

145 Lt. George W Lee Ave.

Memphis, TN 38103

Sale Amount: $14.4 million

Sale Date: Dec. 27, 2017

Buyer: Somera Road Inc., Tricera Capital

22. Summer Ave. Retail Building Gets New Owner - Thursday, December 28, 2017

A 10,000-square-foot retail building on Summer Avenue has sold for $500,000.

Commercial Capital Group LLC purchased the property at 4798 Summer Ave., which currently houses Plasma Biological Services, from Irvin D. Califf, the Sue Ballin Family Trust and M.N. Silverman. NAI Saig Co. executive vice president Brian Califf and executive sales associate Daniel McPhail represented the sellers in the deal.

23. Remodeling Business Signs Lease Near Memphis Airport - Tuesday, December 19, 2017

King Chow, doing business as Stone Gallery Inc., has signed a three-year lease for 15,000 square feet 3345 One Place, near Memphis International Airport.

24. Possible Trader Joe’s Update, New $35M Airport Facility - Monday, December 18, 2017

In this week’s Real Estate Recap, a new development in the saga of Germantown’s Trader Joe’s, Memphis International Airport begins work on a new $35 million facility, and Central BBQ announces a new a location...

25. Faropoint Sells Asset Near FedEx Headquarters - Saturday, December 16, 2017

A 15,400-square-foot retail center around the corner from FedEx’s World Headquarters has been purchased by a California investor for $2.7 million.

Judith Obermeir of San Luis Obispo bought the center at 3315 Hacks Cross Road from Israeli investment firm Faropoint Ventures, which had purchased it in June 2016 for $2.2 million.

26. Faropoint Sells Asset Near FedEx Headquarters - Thursday, December 14, 2017

A 15,400-square-foot retail center around the corner from FedEx’s World Headquarters has been purchased by a California investor for $2.7 million.

Judith Obermeir of San Luis Obispo bought the center at 3315 Hacks Cross Road from Israeli investment firm Faropoint Ventures, which had purchased it in June 2016 for $2.2 million.

27. Faropoint Buys 2 Properties After Trustmark Centre Sale - Saturday, November 11, 2017

Fresh off of the sale of Trustmark Centre, Faropoint Ventures has acquired two more substantial office assets.

The Israeli investment firm bought the Lipscomb & Pitts Building, 2670 Union Ave. Extended, and Poplar Towers, 6263 Poplar Ave., for a combined $19.3 million using capital from the Trustmark Centre sale. The purchase also includes the high-end restaurant Fleming’s, 6245 Poplar, and an AT&T store at 6267 Poplar, both outparcels to Poplar Towers.

28. 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.

29. Faropoint Acquires Office Portfolio for $19.3M - Friday, November 3, 2017

Fresh off of the sale of the Trustmark Centre, Faropoint Ventures has acquired two more substantial office assets.

The Lipscomb Pitts Building, located at 2670 Union Ave. Ext.,  and Poplar Towers, located at 6263 Poplar Ave., were both purchased by the Israeli investment firm for $19.3 million using the capital they accrued from the aforementioned deal.

30. Trustmark Centre Sells for Nearly $20M - Thursday, November 2, 2017

An iconic East Memphis office building has switched hands for $19.7 million.

Nashville-based Magnolia Capital Investments has purchased the Trustmark Centre located at 5350 Poplar Ave. from Israeli investment group Faropoint Investments.

31. Trustmark Centre Sells for Nearly $20M - Wednesday, November 1, 2017

An iconic East Memphis office building has switched hands for $19.7 million.

In the deal, Nashville-based Magnolia Capital Investments purchased the Trustmark Centre located at 5350 Poplar Ave. from Israeli investors, Farpoint Investments.

32. Tennessee Taco Opens in Former Los Compadres Space - Monday, September 11, 2017

3295 Poplar Ave.
Memphis, TN 38111

33. Honeywell Inks Lease At Airport Industrial Park - Friday, September 8, 2017

Honeywell International Inc., a Fortune 100 software-industrial company based in New Jersey, has signed a lease to occupy 100,000 square feet inside the Airport Industrial Park.

34. ThyssenKrupp Signs Southeast Memphis Lease - Saturday, September 2, 2017

ThyssenKrupp Materials NA, Inc. has signed lease to occupy 80,000 square feet in the Raines Distribution Center in Southeast Memphis.

35. Bartlett Retail Portfolio Sells for $2.3 Million - Saturday, September 2, 2017

A six-building retail portfolio in Bartlett has switched hands for $2.3 million.

In the deal, Kam Investments purchased the buildings, which total 34,000 square feet and are located in the 5800 block of Stage Road near the intersection of Stage and Bartlett Boulevard.

36. Financial Services Firm Takes Floor in Clark Tower - Monday, September 4, 2017

In this week’s Real Estate Recap, a financial services firm inks a full floor in Clark Tower and Crosstown High School files a $4.1 million permit to build-out space in the Crosstown Concourse for its charter school that is scheduled to open next fall. 

37. Financial Services Firm Takes Floor in Clark Tower - Tuesday, September 5, 2017

In this week’s Real Estate Recap, a financial services firm inks a full floor in Clark Tower and Crosstown High School files a $4.1 million permit to build-out space in the Crosstown Concourse for its charter school that is scheduled to open next fall. 

38. Bartlett Retail Portfolio Sells for $2.3 Million - Friday, September 1, 2017

A six-building retail portfolio in Bartlett has switched hands for $2.3 million.

Kam Investments purchased the buildings, which total 34,000 square feet and are located in the 5800 block of Stage Road near the intersection of Stage and Bartlett Boulevard.

39. ThyssenKrupp Signs Southeast Memphis Lease - Wednesday, August 30, 2017

ThyssenKrupp Materials NA, Inc. has signed lease to occupy 80,000 square feet in the Raines Distribution Center in Southeast Memphis.

40. Developer Sells Pair Of Bartlett Office Buildings - Saturday, July 15, 2017

Freestanding office buildings at 6590 and 6591 Summer Ave. in Bartlett have sold for just less than $1 million.

41. Developer Sells Pair of Bartlett Office Buildings - Thursday, July 13, 2017

Freestanding office buildings at 6590 and 6591 Summer Ave. in Bartlett have sold for just less than $1 million.

42. Malco Pulls Additional Building Permit for Downtown Theater - Thursday, July 13, 2017

Malco Theatres’ Downtown movie theater continues to take shape, with the Memphis-based cinema chain seeking its second multimillion-dollar building permit for the project in recent months.

45 E. G.E. Patterson Ave.
Memphis, TN 38103
Permit Amount: $5 million

43. Malco Pulls Additional Building Permit for Downtown Theater - Thursday, July 13, 2017

45 E. G.E. Patterson Ave.

Memphis, TN 38103

Permit Amount: $5 million

Project Cost: $55 million

Application Date: July 2017

Owner: Henry Turley Co. and Community Capital

44. Cordova Shopping Center Sells for $2.3 Million - Tuesday, July 11, 2017

The Woodchase Center, located at 2075 N. Germantown Parkway, has a new owner.

Dr. Alan Werner purchased the 28,484-square-foot retail building from MAM Realty Holdings of Memphis LLC for $2.3 million. Brian Califf, executive vice president of NAI Saig, represented Werner, while Melanie Myers with the Gary Myers Co. represented MAM Realty Holdings.

45. East Memphis Office Building Sells for $7 Million - Saturday, July 8, 2017

A 79,000-square-foot office building in East Memphis has switched hands in a multimillion-dollar deal.

Gregory Realty GP purchased the Class B building at 855 Ridge Lake Blvd. for $7 million from Israel-based investors Faropoint Ventures, doing business as Ridge Lake TN Realty Holdings LLC.

46. East Memphis Office Building Sells for $7 Million - Thursday, July 6, 2017

A 79,000-square-foot office building in East Memphis has switched hands in a multimillion-dollar deal.

Gregory Realty GP purchased the Class B building at 855 Ridge Lake Blvd. for $7 million from Israel-based investors Faropoint Ventures, doing business as Ridge Lake TN Realty Holdings LLC.

47. Cooper-Young Getting New Coffee House - Thursday, July 6, 2017

945 Cooper St.
Memphis, TN 38104

Permit Amount: $85,750

Application Date: July 2017

48. Two Bartlett Buildings Sell for $2.7M - Monday, July 3, 2017

Two flex buildings totaling 30,796 square feet on 3.16 acres of land at 7895 Stage Hills Blvd. in Bartlett were sold for $2.7 million.

49. $18.5 Million Permit Filed for Central Station Project - Thursday, June 29, 2017

In this week’s Real Estate Recap, developers pull an $18 million permit for the Central Station overhaul, another new Downtown hotel is in the works and the new Laurelwood bookstore gets a restaurant...

50. Cordova Shopping Center Inks Tenant Wing King - Monday, June 26, 2017

The Wolf River Commons Shopping Center, located at 420 S. Germantown Parkway, is now fully leased as a three-year, $69,459 deal will bring a Wing King into the last 1,335-square-foot bay.

51. Faropoint Acquires Massive Industrial Portfolio for $33.1M - Thursday, May 18, 2017

Looking to continue its recent trend of bullish activity in the Memphis market, Faropoint Ventures has acquired a 1.1-million-square-foot industrial portfolio for $33.1 million. Details on that and more commercial real estate news in this week's Real Estate Recap...

52. Faropoint Acquires Massive Industrial Portfolio for $33.1M - Thursday, May 11, 2017

Looking to continue its recent trend of bullish activity in the Memphis market, Faropoint Ventures has acquired a 1.1 million-square-foot industrial portfolio for $33.1 million.

The seller was Greenfield Partners LLC, a Connecticut-based private equity firm. 

53. Shops of Wolflake Near Wolfchase Sells for $4.8M - Thursday, April 13, 2017

2965 N. Germantown Parkway
Bartlett, TN 38133 

Sale Amount: $5 million

Sale Date: March 31

Buyer: WFL Retail LLC

54. Shops of Wolflake Sells for $4.8 Million - Saturday, April 8, 2017

A Germantown Parkway shopping center near Wolfchase Galleria has switched hands for nearly $5 million, according to a warranty deed filed with the Shelby County Register of Deeds March 31.

Called the Shops of Wolflake, the Bartlett shopping center is located between St. Francis Hospital-Bartlett and the Wolfchase mall and is anchored by Eat Well Sushi and Grill.

55. Shops of Wolflake Near Wolfchase Sold for $4.8M - Thursday, April 6, 2017

A Germantown Parkway shopping center near Wolfchase Galleria has switched hands for nearly $5 million, according to a warranty deed filed with the Shelby County Register of Deeds March 31.

Called the Shops of Wolflake, the Bartlett shopping center is located between St. Francis Hospital-Bartlett and the Wolfchase mall and is anchored by Eat Well Sushi and Grill.

56. Temple Israel Expanding Into Crosstown Concourse - Thursday, February 2, 2017

495 N Watkins St.
Memphis, TN 38104

Tenant: Temple Israel

Details: In a letter that went out to its congregation over the weekend, Temple Israel announced plans to expand into the Crosstown Concourse this summer.
Officials said the new Crosstown campus won’t be a second synagogue, but will instead enhance the Temple’s community outreach programs.
“We believe that Temple will thrive in Crosstown and that you, the members, will be truly amazed by the collaboration in the years ahead,” Temple Israel president Elkan Scheidt said in the email. “Crosstown’s creativity, innovation, and social-action focus aligns seamlessly with Temple and Reform Judaism’s inclusive philosophy.”
Temple Israel formed a preliminary Crosstown committee, which included Cara Greenstein, Alex Shindler, Daniel Kiel, Meggan Kiel, Bruce Landau, Susanne Landau, Joanna Lipman, Josh Lipman, Liz Rudnick and Elton Parker to discuss the move before deciding to sign a lease for a 1,200-square-foot “Midtown Living Room” in the Concourse.
“By offering countless programming and Tikkun Olam opportunities, Temple Israel Crosstown will bring the celebrated Temple Israel spirit of 38120 to 38104,” the announcement went on to say. “It will also become a new member gateway for unaffiliated Downtown/Midtown Jews and newcomers to Memphis.”
“Tikkun Olam, Hebrew for “repairing this broken world,” expresses the fundamental Jewish idea that what we do to heal the hurt and help those who are suffering most – in our city and in this world – is what matters most to the one God who loves us all,” Rabbi Micah Greenstein, senior rabbi at Temple Israel, said.
The email outlined some of the programs Temple Israel could offer in Crosstown, such as partnerships with their Crosstown neighbors, lunch and learns, baby-and-me classes, Hebrew tutoring and Women of Reformed Judaism-Sisterhood knitting for the Manna House.
Temple Israel, which is located at 1376 E. Massey Road, was founded in 1854 as the first permanent Jewish house of worship in Tennessee and now serves 1,500 member families in the Memphis area. 

57. Airport-Area Property Sells for $300,000 - Saturday, January 28, 2017

A nearly 3-acre parcel with a pair of 30,000-plus-square-foot buildings near the Memphis International Airport has sold for $300,000.

The parcel, which is located at 3592 Knight Arnold Road near Kathy Cove, is home to a 35,000-square-foot warehouse and a 31,200-square-foot office building.

58. Airport-Area Property Sells for $300,000 - Thursday, January 26, 2017

A nearly 3-acre parcel with a pair of 30,000-plus-square-foot buildings near the Memphis International Airport has sold for $300,000.

The parcel, which is located at 3592 Knight Arnold Road near Kathy Cove, is home to a 35,000-square-foot warehouse and a 31,200-square-foot office building.

59. Dave & Buster’s to Open Cordova Location - Thursday, January 19, 2017

7930 Germantown Parkway
Memphis, TN 38133 

Landlord: Brixmor Property Group 

Tenant: Dave & Buster’s 

60. Former Collierville Church Sells for $500,000 - Monday, January 16, 2017

The building that formerly housed Orchard Fellowship Church, located at 140 S. Main St. in Collierville, has been purchased by Chris Dickens and Associates LLC for $500,000.

61. Midtown Retail Property Sells for $5 Million - Thursday, December 29, 2016

1625 Poplar Avenue

Memphis, TN 38104 

Sale Amount: $5 million

Sale Date: Dec. 21, 2016

62. Airport-Area Industrial Sells for $1.2 Million - Thursday, March 10, 2016

1525 Three Place, 3365-3378 One Place
Memphis, TN 38116

Sale Amount: $1.2 million

Buyer: Gregory Realty

Seller: One Place Associates

63. Airport-Area Industrial Sells for $1.2 Million - Tuesday, March 8, 2016

A local investor has purchased four industrial buildings near Memphis International Airport. Gregory Realty bought 1525 Three Place and 3365-3378 One Place, totaling 85,631 square feet, from One Place Associates for $1.2 million.

64. Work Begins On Brewery Development - Thursday, February 25, 2016

502 Tennessee St.
Memphis, TN 38103

Permit Amount: $4.5 million

Application Date: Feb. 18, 2016

Tenant: Brewery Master Tenant LLC

Architect: LRK Architects

Contractor: Montgomery Martin Contractors

65. Israeli Firm Purchases Industrial Park for $13M - Saturday, February 20, 2016

Faropoint Investments, an Israel-based real estate firm, has purchased the Outland Business Center for $13 million, now its largest holding in the area.

On Feb. 11, Faropoint closed on the Southeast Memphis park, which includes five industrial buildings totaling more than 400,000 square feet at Outland Center Drive and Burbank Road.

66. Orleans at Walnut Grove Sells for $29.2 Million - Thursday, February 18, 2016

317 Royal Chartres Square E.
Cordova, TN 38018

Sale Amount: $29.2 million

Sale Date: Feb. 4, 2016

Buyer: PC Orleans LLC

67. Israeli-Based Firm Purchases Industrial Park for $13M - Monday, February 15, 2016

Faropoint Investments, an Israel-based real estate firm, has purchased the Outland Business Center for $13 million, now its largest holding in the area.

On Feb. 11, Faropoint closed on the Southeast Memphis park, which includes five industrial buildings totaling more than 400,000 square feet at Outland Center Drive and Burbank Road.

68. New Numbers: Memphis Industrial Market Breaks Records - Friday, February 12, 2016

The Memphis industrial sector had a banner year in 2015. According to year-end data from Cushman & Wakefield/Commercial Advisors, last year’s absorption level came in at 8.4 million square feet, 2 million square feet higher than 2006’s pre-recession levels and a record for the market.

69. International Real Estate Firms Find Purchase Potential in Memphis - Tuesday, January 26, 2016

International investors and developers are increasingly looking to Memphis because the market is stable and the returns are high, according to a variety of real estate professionals doing business locally.

70. 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.

71. Belz Sells Office Building Near Windyke for $7.8M - Monday, October 12, 2015

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.

In an Oct. 8 warranty deed, Belz Investco GP sold the four-story office building at 3725 Champion Hills Drive for $7.8 million to Faropoint Ventures LLC acting as Champion Hills Realty Holdings LLC.

72. Belz Sells Office Building Near Windyke for $7.8 Million - Friday, October 9, 2015

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.

In an Oct. 8 warranty deed, Belz Investco GP sold the four-story office building at 3725 Champion Hills Drive for $7.8 million to Faropoint Ventures LLC acting as Champion Hills Realty Holdings LLC.

73. Conn’s Acquires Site for Third Memphis-Area Location - Friday, May 29, 2015

A Texas-based retailer has acquired a fully leased shopping center in Southaven and will build a new store on an outparcel of the existing retail center.

Conn’s Appliances Inc. acquired the Stateline Square Shopping Center at 550 Stateline Road in Southaven for $5 million from Brixmor Commercial Real Estate, which was doing business as NPK Southaven LLC.

74. Stein World Finds New Home - Friday, May 22, 2015

Stein World has found a new home. The furniture distributor, which played a pivotal role in Cummins Inc.’s decision to expand locally, has inked a lease for 330,870 square feet at 5321 Shelby Drive.

75. Men’s Salon Opening in Germantown - Friday, May 15, 2015

Germantown is getting an upscale styling salon and grooming service made just for men.

Owners Dara Vongphrachanh and Donald R. Johnson II are opening Baron’s Man Cave in 2,250 square feet in suite 102 at the Poplar Collection, located at 9289 Poplar Ave. in Germantown.

76. Shops at Kirby Gate Sells for $3.4 Million - Friday, May 8, 2015

A California-based investor has purchased the Shops at Kirby Gate in East Memphis for $3.4 million.

An affiliate of Los Angeles-based Westwood Financial Corp. acquired the shopping center at the northwest corner of Quince Road and Kirby Parkway from Shops at Kirby Gate LLC, according to public records.

77. Germantown Parkway Parcels Sell for $3.4 Million - Tuesday, May 5, 2015

789 and 725 N. Germantown Parkway
Memphis, TN 38018
Sale Amount: $3.4 million

78. Investors Buy Midtown Retail Buildings for $3.4 Million - Friday, May 1, 2015

California investors have purchased two retail buildings totaling 60,000 square feet in Midtown for $3.4 million.

The retail buildings, formerly owned by Atlanta-based Home Depot, are located at 1635 and 1625 Poplar Ave., adjacent to the Home Depot store at Poplar and Angelus Street. Home Depot is maintaining its store at the shopping center at Poplar and North Avalon St., which the Atlanta-based home improvement store bought several years ago.

79. Mixed-Use Project Looms for Former Lakeland Mall - Friday, October 31, 2014

Get used to the name Lake District. You’ll probably be hearing more about it in the near future. Lake District is the new name for the revamped project being planned at the old Lakeland Factory Outlet Mall site.

80. Gestalt Schools Signs Lease in Hickory Hill - Friday, June 20, 2014

A charter school operator has inked a lease for space on Winchester Road in Hickory Hill.

Gestalt Community Schools has leased 57,000 square feet of space at 5360 Winchester Road inside the Mendenhall Square shopping center.

81. Conn’s Plans Home Store in Memphis - Friday, April 25, 2014

Texas-based retailer Conn’s will be opening a store in Southeast Memphis, one of possibly three stores the home appliances and furnishings chain plans to open in Tennessee.

The retailer will open a Conn’s HomePlus in May in 42,296 square feet at the Cross Creek Shopping Center at Riverdale and Tenn. 385 that Babies “R” Us vacated.

82. Pahlow Wins Broker of the Year - Monday, April 7, 2014

After enduring early struggles in his commercial real estate career, Scott Pahlow has reached the top of his industry.

Pahlow, an executive vice president with Newmark Grubb Memphis, was named Commercial Broker of the Year Thursday night at the Memphis Area Association of Realtors Commercial Council’s 13th annual Pinnacle Awards gala.

83. Shelby County CRE Sales Up 14 Percent in February - Friday, March 14, 2014

Shelby County recorded 49 commercial real estate sales in February, according to real estate information company Chandler Reports, www.chandlerreports.com.

84. Butler Sevier Law Firm Expands Downtown - Friday, February 21, 2014

Butler, Sevier, Hinsley & Reid PLLC law firm has expanded its presence at 88 Union Ave.

85. KBM Group Growing at Clark Tower - Friday, January 17, 2014

A digital marketing agency is expanding at Clark Tower in East Memphis.

KBM Group, which is part of Wunderman/WPP, one of the world’s largest marketers, is expanding at Clark Tower less than a year after moving into the East Memphis office building, 5100 Poplar Ave.

86. Midtown Medical Office Building Sells for $2.6 Million - Friday, January 10, 2014

A partnership of two Utah-based companies has acquired a medical office building on Union Avenue near Overton Square.

Trivalis LLC and Novalis LLC, both based in Utah, acquired the medical office building built in 1967 at 2076 Union Ave., next door to the IHOP restaurant, for $2.6 million. The property, at the corner of Union Avenue and Florence Street, was appraised at $1.3 million in 2013, according to the Shelby County Assessor of Property’s office. The sellers, Missouri-based Roundabout Real Estate LLC and Visual Projects LLC, acquired the property in 2008 for $2 million.

87. Wright Signs Lease for East Memphis Headquarters - Friday, January 3, 2014

After months of planning, Wright Medical Group Inc. has signed the lease for its new headquarters and is in the process of moving to the wooded office campus at Park Avenue and Cherry Road in East Memphis.

88. Orangetheory Fitness Signs New Lease In Stonecreek - Friday, December 27, 2013

Orangetheory Fitness has signed a lease at Stonecreek Centre at Poplar Avenue and Forest Hill-Irene Road in Germantown.

Orangetheory Fitness will occupy 3,167 square feet at the location. Orangetheory Fitness is a workout method that is broken into intervals of cardiovascular and strength training while using heart rate monitors to keep heart rates in a targeted zone to stimulate metabolism and increases energy.

89. Shopping Center Group Moving to New Office - Friday, December 20, 2013

The Shopping Center Group LLC is moving to a new office.

The Memphis office of the Atlanta-based retail real estate brokerage firm, which leases a total of approximately 4 million square feet of retail space and represents 100 retailers, is moving from 773 E. Brookhaven Circle to 5101 Wheelis Drive, Suite 106, at Clark Centre.

90. East Memphis Retail Center Sees Positive Lease Activity - Friday, October 25, 2013

The Shops at Chickasaw Gardens, on Polar Avenue near the Benjamin L. Hooks Central Library, has seen good leasing activity recently.

Shark’s Fish and Chicken, an Arkansas-based restaurant chain, signed a lease for 2,330 square feet at 3183 Poplar Ave., taking the former Back Yard Burgers space. David’s Frames & Art renewed its lease for 3,080 square feet at 3151 Poplar Ave. Create A Cig, an electronic cigarette shop, will open soon at 3175 Poplar Ave.

91. Baptist Begins Construction on $14.1 Million Pediatric ER - Friday, September 27, 2013

Baptist Memorial Health Care Corp. began construction this week on a new pediatric emergency department at Baptist Memorial Hospital for Women.

92. Victory Packaging Relocates to Memphis - Friday, January 18, 2013

Victory Packaging soon will relocate its entire Southaven branch operation to the Southeast Memphis industrial submarket.

The Houston, Texas-based industrial packaging supplier and distributor inked 158,333 square feet in Shelby Air Park Building 1, 4500 Malone Road. The 475,000-square-foot building also houses Terminal Warehouse Inc.

93. Highpoint Church Buys Briarcrest’s East Memphis Campus - Friday, November 9, 2012

After seven years of leasing space for its worship services, Highpoint Church has acquired Briarcrest Christian School Systems Inc.’s property at 6000 Briarcrest Ave. for $7.25 million.

94. Lease Takes Appling Farms to Capacity - Friday, September 28, 2012

A distributorship of Pella Corp. has inked 11,300 square feet in Appling Farms Corporate Park, 6972 Appling Farms Parkway.

95. Millstone Medical Expands Local Operations - Friday, August 31, 2012

Fall River, Mass.-based Millstone Medical Outsourcing LLC is relocating its Memphis operations to a larger Olive Branch facility to broaden services and capacity.

96. Dot-Com Moves Distribution To Memphis - Friday, August 10, 2012

Wilsonville, Ore.-based LinenTablecloth.com has entered the Memphis industrial market, leasing 82,500 square feet at 3046 Datsun Drive for its new distribution center.

97. Airport-Area Warehouse Sells for $2.3 Million - Wednesday, August 8, 2012

A Class B warehouse in Airport Industrial Park has sold for $2.3 million, more than four times its price at a foreclosure sale two years ago. Northbrook, Ill.-based BCL-Memphis LLC bought the warehouse at 4049 E. Raines Road from Memphis-based Progression Realty, which paid $501,500 for it in August 2010.

98. New Owner For Bartlett Car Wash Property - Friday, May 4, 2012

A former car wash site in Bartlett has traded hands. Nyan Jaf acquired the 0.71-acre lot at 5960 Summer Ave. from Mr. Carwash LLC for $65,000.

99. Crye-Leike Sells Properties, Land At Feb. Auction - Friday, March 30, 2012

Multiple properties in the Memphis area have traded hands as a result of an auction held by Crye-Leike Auction Services in February.

Kays Nawaf Employee Pension Plan sold three flex warehouse buildings at 4652 Damascus Road, 4660 Damascus Road and 4668 Damascus Road, ranging from 7,450 square feet to 10,160 square feet. There was a published minimum bid of $83,000 each.

100. Monroe Ave. Bldg. Sells For $3.3M - Friday, March 23, 2012

A fully leased Downtown office building has traded hands for more than twice its assessed value.

309 Monroe Property LLC purchased the 22,792-square-foot property at 309 Monroe Ave. for $3.3 million. The Shelby County Assessor of Property’s 2011 appraisal was $1.5 million.