3536 Canada Road,
Lakeland, TN 38002

Tenant: Gould’s Salon and Spa

2. Avison Young Brokers EnSafe Sale-Leaseback - Saturday, June 30, 2018

Avison Young principals Shane Soefker and Jacob Biddle have negotiated the sale-leaseback of environmental consultancy firm EnSafe Inc.’s northeast Memphis headquarters.

3. Avison Young Brokers EnSafe Sale-Leaseback - Tuesday, June 26, 2018

Avison Young principals Shane Soefker and Jacob Biddle have negotiated the sale-leaseback of environmental consultancy firm EnSafe Inc.’s northeast Memphis headquarters.

4. Avison Young Brokers Sale-Leaseback of EnSafe HQ - Friday, June 22, 2018

Avison Young principals Shane Soefker and Jacob Biddle have negotiated the sale-leaseback of environmental consultancy firm EnSafe Inc.’s northeast Memphis headquarters.

5. 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.

6. Rapid Expansion - Friday, May 4, 2018

For the fifth time in a little more than two years, commercial real estate brokerage Avison Young is growing in Memphis. Now the rapidly expanding local franchise, which started out as two men in a temporary office and currently employs 15, will be occupying 5,200 square feet in an iconic building along the Poplar corridor, more than doubling its previous footprint.

7. Lenox Park Buildings Sell for $5.3 Million - Monday, November 27, 2017

This week's Real Estate Recap features the sale of two Class A office buildings totaling more than 200,000 square feet; a residential development being planned near a proposed new elementary school in Germantown; and more.

8. 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.

9. 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.

10. 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.

11. Germantown Medical Office Sells for $16M - Monday, September 18, 2017

1325 Wolf Park Drive, Germantown, TN 38138

Sale Amount: $15.9 million

Buyer: Global Medical REIT

12. Memphis Industrial Center Sells for $3.7 Million - Saturday, September 16, 2017

Boston-based real estate investment firm Plymouth Industrial REIT has expanded its local portfolio with the acquisition of a 132,000-square-foot industrial center in southeast Memphis.

In the deal, Plymouth purchased the property from Huntington Industrial Partners for $3.7 million.

13. SE Memphis Industrial Center Sells for $3.7 Million - Thursday, September 14, 2017

Boston-based real estate investment firm Plymouth Industrial REIT has expanded its local portfolio with the acquisition of a 132,000-square-foot industrial center in southeast Memphis.

In the deal, Plymouth purchased the property from Huntington Industrial Partners for $3.7 million.

14. Plymouth REIT Expands Memphis Portfolio - Wednesday, September 13, 2017

Boston-based real estate investment firm Plymouth Industrial REIT has expanded its local portfolio with the acquisition of a 132,000-square-foot industrial center in southeast Memphis.

In the deal, Plymouth purchased the property from Huntington Industrial Partners for $3.7 million.

15. Avison Young’s Memphis Office Uses Diversified Approach - Tuesday, August 22, 2017

Eighteen months ago, real estate brokers Shane Soefker and Jacob Biddle decided they wanted to do things a little differently, so they left their jobs at a local brokerage firm and set off on their own.

16. Two Portfolios Near Airport Sell for Combined $26M - Friday, August 18, 2017

Nearly 2 million square feet of industrial space near Memphis International Airport has switched hands for a combined $25.9 million in a pair of recently closed deals.

The larger of the two was a 70-acre, 13-property portfolio in the Airport Distribution Center and Delp Distribution Center that sold for $18.1 million.

17. Avison Young’s Memphis Office Finds Strength In Diversified Approach - Saturday, August 19, 2017

Eighteen months ago, real estate brokers Jacob Biddle and Shane Soefker decided they wanted to do things a little differently, so they left their jobs at a local brokerage firm and set off on their own.

18. 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...

19. 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. 

20. Avison Young Adds Four To Memphis Office Staff - Saturday, January 7, 2017

Commercial real estate firm Avison Young has announced four new additions to its Memphis office, including Greg deWitt, who will join as vice president.

DeWitt, a 23-year veteran of the commercial real estate market in Memphis, specializes in tenant and landlord representation for office and industrial properties.

21. Avison Young Adds Four To Memphis Office Staff - Wednesday, January 4, 2017

Commercial real estate firm Avison Young has announced four new additions to its Memphis office, including Greg deWitt, who will join as vice president.

DeWitt, a 23-year veteran of the commercial real estate market in Memphis, specializes in tenant and landlord representation for office and industrial properties.

22. Artspace Begins $17M Affordable Housing Project - Thursday, August 25, 2016

138 & 120 St. Paul Ave.

Memphis, TN 38103

Permit Amount: $10.5 million

Project Cost: $17 million

23. Pair of Churches Planning Adaptive Reuse Projects - Wednesday, August 24, 2016

The former Prairie Life/Omni Fitness building in Collierville and a former Schnucks grocery store on Riverdale Road are slated for adaptive reuse projects after being purchased by churches.

The Orchard Church bought the former Prairie Life/Omni Fitness building at 3690 S. Houston Levee Road in Collierville from Hackmeyer Properties for $4.3 million. Tanis Hackmeyer said that her real estate firm structured a creative wraparound mortgage, which allowed the church to take ownership of the property in advance of their capital campaign.

24. Olymbec Purchases TBC Warehouse - Tuesday, May 10, 2016

Montreal, Canada-based Olymbec USA has purchased a Hickory Hill warehouse currently occupied by Tire & Battery Corp.

25. Avison Young Grows Memphis Office - Saturday, March 19, 2016

Commercial real estate firm Avison Young continues to grow its Memphis office with the hire of Michael Donahoe as vice president.

Toronto, Canada-based Avison Young opened its Memphis branch in December, marking its third office in Tennessee and its 50th nationally. Avison Young first opened in Nashville and Knoxville in September, with 82 members joining the company from Cushman & Wakefield/Cornerstone.

26. Avison Young Adds VP To Memphis Office - Wednesday, March 16, 2016

Commercial real estate firm Avison Young continues to grow with its Memphis office with the hire of Michael Donahoe as vice president.

Toronto, Canada-based Avison Young opened its Memphis branch in December, marking its third office in Tennessee and its 50th nationally. Avison Young first opened in Nashville and Knoxville in September, with 82 members joining the company from Cushman & Wakefield/Cornerstone.

27. Avison Young to Open Memphis Office - Saturday, December 12, 2015

A new commercial real estate services firm has come to town.

Toronto, Canada-based Avison Young has hired principals Shane Soefker, who previously was an executive vice president and principal at Cushman & Wakefield/Commercial Advisors, and Jacob Biddle, who served as vice president at C&W/CA.

28. Avison Young to Open Memphis Office - Tuesday, December 8, 2015

A new commercial real estate services firm has come to town.

Toronto, Canada-based Avison Young has hired principals Shane Soefker, who previously was an executive vice president and principal at Cushman & Wakefield/Commercial Advisors, and Jacob Biddle, who served as vice president at C&W/CA.

29. Andrew and Michael Are Coming to The Chisca - Wednesday, September 16, 2015

Chefs Michael Hudman and Andrew Ticer are stepping out of Brookhaven Circle for the first time to expand their restaurant interests, with a new concept – their fourth – planned for Carlisle Corp.’s The Chisca on Main.

30. 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.

31. 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.

32. The Horizon Sells to Mississippi Developer for $13.5 Million - Monday, October 13, 2014

A Mississippi-based developer has acquired the uncompleted Horizon condominium tower overlooking the Mississippi River in Downtown.

Dawn Properties Inc. of Hattiesburg, which is primarily involved in the acquisition, development and management of multifamily properties, has purchased the 16-story, 155-unit tower for $13.5 million and plans on completing the luxury condominiums.

33. Leases Push Renaissance Center Near Capacity - Friday, November 22, 2013

The Renaissance Center office building in East Memphis should be near capacity early next year, following a series of recent lease signings.

Financial Federal signed a lease on Tuesday, Nov. 20, to occupy 27,000 square feet on the first and second floors of the Renaissance Center, 1715 Aaron Brenner Drive. In addition to the new location, the growing financial firm will have signage atop the East Memphis office building along Poplar Avenue east of Interstate 240.

34. Financial Federal Moving to Renaissance Center - Thursday, November 21, 2013

Financial Federal is moving into 27,000 square feet on the first and second floors of the Renaissance Center at 1715 Aaron Brenner Drive.

35. Dyersburg Mall Sells for $4.4 Million - Thursday, January 24, 2013

The Dyersburg Mall has fetched $4.35 million after hitting the online auction block in November.

Yazoo, Miss.-based Action Properties LLC purchased the 191,038-square-foot regional shopping mall at 2700 Lake Road in Dyersburg, Tenn., under the entity Action Dyersburg LLC. The seller, Jackson, Miss.-based Mattiace Properties Inc., disposed of the asset under the entity Dyersburg Mall Co. LLC.

36. Exeter Buys West Memphis Warehouse for $15.6 Million - Friday, January 4, 2013

Pennsylvania-based Exeter Property Group has snatched up the Smucker’s distribution warehouse in West Memphis for $15.6 million.

The 600,000-square-foot facility was a foreclosed property from Bank of America, which was selling it with a year-end anticipated closing, said Matt Brodnik, Exeter’s director of capital markets.

37. Bioventus Inks Deal for 40,000 Square Feet - Thursday, November 22, 2012

A Durham, N.C.-based biologics company is relocating its Memphis presence, signifying a boon to the Northeast office submarket.

Bioventus LLC has inked 38,880 square feet of office and manufacturing space in Goodlett Farms Business Campus, 1900 Charles Bryan Road, in Cordova.

38. Commercial Advisors Capital Markets to Zero In on ‘Untapped Segment’ - Friday, October 12, 2012

Cushman & Wakefield/Commercial Advisors Asset Services LLC has launched a Capital Markets Group, a new service line to complement the firm’s tenant representation and third-party leasing and management businesses.

39. 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.

40. Raleigh Office Complex Sold To Local Entity - Friday, August 3, 2012

An office complex in Raleigh has traded hands after being under the same family ownership for more than 30 years.

Commercial Real Estate Network LLC, a local investor, has purchased the 40,756-square-foot Raleigh Center Office Complex at 2974 Austin Peay Highway from Charles R. Averwater Living Trust for $299,000.