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Editorial Results (free)

1. New Apartments Coming to Broad, Clark Tower Inks Another Tenant -

A multifamily project planned for Broad Avenue could provide the housing element that takes the arts district to the next level.


2542 Broad Ave.
Memphis, TN 38112

2. Taylor Joins JA As VP of Development -

Latoria Taylor has been named vice president of development for Junior Achievement of Memphis and the Mid-South. She oversees all fundraising and marketing efforts for the nonprofit, which is dedicated to teaching children “how business works” and inspiring them to own their economic success.

3. Golden India Seeks New Location Near Square -

The owners of Golden India restaurant in Overton Square want to move from their Madison Avenue storefront of 20 years to the site of a circa-1912 duplex on North Cooper Street where they intend to build a new restaurant.

4. Golden India Makes Relocation Plans Near Overton Square -

The owners of Golden India restaurant in Overton Square want to move from their Madison Avenue storefront of 20 years to the site of a circa 1912 duplex on North Cooper Street north of Madison where they intend to build a new restaurant.

5. Largest Multifamily Sale Takes Place for $39.1M -

8285 Irene Blvd.
Memphis 38125

Sale Amount: $39.1 million

Sale Date: Aug. 5, 2016

Buyer: WDC Greens Investment LLC and MEM Greens at Irene LLC

6. Greens at Irene Apartments Sold for $39 Million -

The Greens at Irene apartment community in southeast Memphis has sold for $39.1 million.

WDC Greens Investment LLC and MEM Greens at Irene LLC purchased the property from The Greens at Irene L.P. and the Greens at Irene Phase II L.P. in a Aug. 5 warranty deed.

7. Greens at Irene Apartments Sells for $39 Million -

The Greens at Irene apartment community in southeast Memphis has sold for $39.1 million.

WDC Greens Investment LLC and MEM Greens at Irene LLC purchased the property from The Greens at Irene L.P. and the Greens at Irene Phase II L.P. in a Aug. 5 warranty deed.

8. Global Ministries Continues to Take More Heat -

The receiver for the Warren and Tulane Apartments is in place with the notice filed in Memphis federal court last week that Foresite Realty Management LLC had accepted the job and that its bonding is in place.

9. $12.6M Building Permit For New Ballet Memphis HQ -

2144 Madison Ave.
Memphis, TN 38104
Permit Amount: $12.6 million

Owner: Ballet Memphis
Tenant: Ballet Memphis
Architect: Archimania
Contractor: Grinder, Taber & Grinder
Details: Ballet Memphis is setting the stage for its Overton Square headquarters as Grinder, Taber & Grinder recently applied for a $12.6 million building permit for new construction.

10. Ballet Memphis Files Permit For Overton Square HQ -

Ballet Memphis is setting the stage for its Overton Square headquarters as Grinder, Taber & Grinder recently applied for a $12.6 million building permit for new construction.

In 2015, Ballet Memphis purchased the former French Quarter Inn, at the corner of Madison Avenue and North Cooper Street. Demolition on the shuttered hotel began in October.

11. Sale of Former Memphis Police Headquarters Set for May -

The tours and inspections are done for now. And City Hall’s timeline for selling the circa-1910 Memphis Police headquarters at 128 Adams Ave. is a bit behind schedule.

12. LEDIC Founder Buys Metro 67 Apartments -

The Metro 67 Apartments in Downtown Memphis has been sold by a Dallas equity firm to Scott Ledbetter, founder and chairman-emeritus of LEDIC Management Group in Memphis, and members of his family.

13. Metro 67 Apartments Bought by LEDIC Founder -

The Metro 67 Apartments in Downtown Memphis has been sold by a Dallas equity firm to Scott Ledbetter, founder and chairman-emeritus of LEDIC Management Group in Memphis, and members of his family.

14. Raymond James Tower Rappel to Benefit Orphanos -

An upcoming fundraiser is giving thrill-seekers the chance to rappel down the 289-foot Raymond James Tower while supporting orphans and children around the world.

Memphis nonprofit Orphanos and Madison Realty, which owns the 21-story Downtown tower, have partnered for Over the Edge Memphis, scheduled for April 22-23.

15. Raymond James Tower Rappel Will Benefit Orphanos -

An upcoming fundraiser is giving thrill-seekers the chance to rappel down the 289-foot Raymond James Tower while supporting orphans and children around the world.

Memphis nonprofit Orphanos and Madison Realty, which owns the 21-story Downtown tower, have partnered for Over the Edge Memphis, scheduled for April 22-23. The event encompasses four fundraising rappel challenges open to adults 18 and older who weigh 110 to 300 pounds.

16. Memphis Leaders Taking New Offers for Old Police HQ -

The city of Memphis now has three offers to buy the old Central Police Station at 128 Adams Ave. and renovate it as a hotel. It will likely have even more offers by the time the Memphis City Council decides who, if anyone, to sell the circa-1910 building to at its April 19 meeting.

17. City Has Offer On Adams Police Station -

The realty group that proposed a short-lived Hotel Overton for Overton Square in 2015 has offered the city of Memphis $1.1 million for the old Central Police Station building at 128 Adams Ave.

18. Last Word: Mudslide, The Deannexation Storm and Kilzer at Calvary -

Lots of news on a very rainy day including the flooding from the constant rain that closed some schools and cancelled a lot of other events. And then there was a mudslide on Riverside Drive from the bluff overlooking Tom Lee Park and the Mississippi River. The rain has also pushed the Wolf River to the point that it is now over some parts of the greenway in Germantown.

19. City Has Offer On Adams Police Headquarters -

The realty group that proposed a short-lived Hotel Overton for Overton Square in 2015 has offered the city of Memphis $1.1 million for the old Central Police Station building at 128 Adams Avenue.

20. CCRFC Approves $1.7M For Convention Center Work -

The Center City Revenue Finance Corp. approved up to $1.7 million in revenue bonds Tuesday, Jan. 12, for Memphis Cook Convention Center improvements.

21. CCRFC Approves $1.7M For Convention Center Work -

The Center City Revenue Finance Corp. approved up to $1.7 million in revenue bonds Tuesday, Jan. 12, for Memphis Cook Convention Center improvements.

22. Ballet Memphis Closes On French Quarter Suites Purchase -

2144 Madison Ave.
Memphis, TN 38104

Sale Amount: $4.2 million

Sale Date: Aug. 6, 2015

23. Ballet Memphis Closes On French Quarter Inn -

Ballet Memphis has closed on its purchase of the French Quarter Inn in Overton Square for $4.2 million.

The seller, NCE Realty and Capital Group LLC of California, had owned the 34,0000-square-foot hotel at the northeast corner of Madison Avenue and Cooper Street since December 2013, when it purchased the property for $1.9 million.

24. Ballet Memphis Closes On French Quarter Inn -

Ballet Memphis has closed on its purchase of the French Quarter Inn in Overton Square for $4.2 million.

The seller, NCE Realty and Capital Group LLC of California, had owned the 34,0000-square-foot hotel at the northeast corner of Madison Avenue and Cooper Street since December 2013, when it purchased the property for $1.9 million.

25. Ballet Memphis Turns to Overton Square -

Scratch those plans for a new Hotel Overton where the French Quarter Inn now sits in Overton Square.

Ballet Memphis has a sales contract on the property at the northeast corner of Madison Avenue and Cooper Street and plans to build a new two-story structure fronting on Madison with parking in the rear and on the eastern end.

26. This week in Memphis history: June 19-25 -

1985: The Center City Revenue Finance Corp. takes the first step toward financing a residential development to be called South of Beale, bounded by Fourth and Third streets and Lt. George W. Lee and Linden avenues – the block where FedExForum is now.

27. Larger Hotel Overton To Replace French Quarter Inn -

The idea of an Overton Square hotel has long been a part of plans for the Midtown entertainment district, which marks the 45th anniversary of its founding this month.

Seven years after the district’s first hotel, the French Quarter Inn, closed its doors for good, there are plans for a new five-story, 134-suite Hotel Overton on the same northeast corner of Madison Avenue and North Cooper Street.

28. Growth is Great, But Where Will Workers Live? -

For the past two years, developers, property owners and Realtors alike have been treated to what some call the best real estate market in the country. Sellers are realizing astronomical returns on their investments as they shed properties that they have been strapped with for years.

29. Big League Movers is on the Move -

Big League Movers is on the move and yes, they’ll be doing the moving themselves.

The Memphis-based company, which can handle virtually every type of moving need from residential moves to corporate relocations, is moving its office headquarters to a 4,000-square-foot space at the Minglewood Hall complex at 1559 Madison Ave. to accommodate more growth.

30. Conn’s Inc. to Open Second Store in Memphis -

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

31. FedEx Decides Not to Renew a Renaissance Center Lease -

FedEx has decided not to renew a lease at a prominent East Memphis office building.

FedEx Services is not renewing a roughly 11,000-square-foot lease at the 189,644-square-foot Renaissance Center office building at 1715 Aaron Brenner Drive that expires Oct. 1. Employees affected by the decision will be moved to FedEx facilities, part of a broader consolidation and efficiency plan the company has been pursuing.

32. Reshaping a City, One Lot at a Time -

John G. Brittle Jr. doesn’t have an office. He has a war room. The space, crowded with maps, charts, books, piles of paper and marked-up spreadsheets, is ground zero for InfillNashville, the 10-person team of site selection specialists that Brittle leads at Village Real Estate Services.

33. Edison Apartments Owner Files $2.5 Million Loan -

The owner of the Edison Apartments along Jefferson Avenue has filed a $2.5 million trust deed for the Downtown property.

Edison Park LP filed the deed of trust, assignment of rents and security agreement July 30 through American Fidelity Assurance Co. Neil E. Ringel signed the trust deed as president of Jan Realty Inc., general partner of Edison Park LP.

34. New Life -

When Rob Clark and his wife moved into their home in the historic Evergreen neighborhood in 1993, catalog and distribution operations were still active at the Sears Crosstown building.

That soon changed, and for roughly two decades the hulking property stood as a towering, painful reminder of the area’s faded glory.

35. New Life -

When Rob Clark and his wife moved into their home in the historic Evergreen neighborhood in 1993, catalog and distribution operations were still active at the Sears Crosstown building.

That soon changed, and for roughly two decades the hulking property stood as a towering, painful reminder of the area’s faded glory.

36. French Quarter Inn Sells for $1.9 Million -

The long-vacant French Quarter Inn on Madison Avenue near Overton Square has been sold for $1.9 million, according to property records.

California-based NCE Realty and Capital Group LLC closed Dec. 31 on the purchase of the 105-room inn at the northeast corner of Madison Avenue and Cooper Street.

37. French Quarter Inn Sells for $1.9 Million -

The long-vacant French Quarter Inn on Madison Avenue near Overton Square has been sold for $1.9 million, according to property records.

California-based NCE Realty and Capital Group LLC closed Dec. 31 on the purchase of the 105-room inn at the northeast corner of Madison Avenue and Cooper Street.

38. Frayser Apartments Again Bought Out of Foreclosure -

An entity called MRC Memphis LLC has paid $1.2 million for the Whitney Manor and Frayser Manor apartment complexes in Frayser, following a foreclosure of the properties.

39. J-Line Pump Growing in Collierville -

A local pumping equipment manufacturer is increasing its presence in the Collierville market. 

J-Line Pump Co., doing business as American-Marsh Pumps, bought the 81,260-square-foot warehouse on 12.4 acres at 550 E. South St. for $1.4 million. This will be in addition to the adjoining 110,000-square-foot warehouse at 185 Progress Road the company has occupied since 1999.

40. CashSaver Trades Hands for $3.2 Million -

The CashSaver in Midtown has traded hands. 

Kansas City, Kan.-based Super Market Developers Inc. bought the 69,017-square-foot building at 1620 Madison Ave. at Avalon Street from 1620 Madison LLC for $3.2 million. Fred Monks III, president/chief manager of 1620 Madison LLC, signed the special warranty deed.

41. Invacare Inks Lease in SE Memphis -

Invacare Continuing Care Inc. has inked a 3,500-square-foot lease at 4187 Senator St. in Southeast Memphis.

42. Raleigh Office Complex Sold To Local Entity -

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.

43. Fla. Company Buys Cordova Retail Center -

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

44. Events -

Kiwanis Club of Memphis will meet Wednesday, June 6, from noon to 1 p.m. at The Peabody hotel, 149 Union Ave. Hattiloo Theatre founder Ekundayo Bandele will speak. Cost is $25 for nonmembers.

45. DRA Advisors Closes on Two Shelby Drive Warehouses -

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.

46. Poag, N.Y. Investor Buy The Avenue -

The Avenue Collierville – the largest lifestyle center in the Memphis metropolitan area at Houston Levee Road and Bill Morris Parkway – has been bought by an affiliate of Memphis-based Poag Lifestyle Centers.

47. Poag, N.Y. Investor Buy The Avenue -

The Avenue Collierville – the largest lifestyle center in the Memphis metropolitan area at Houston Levee Road and Bill Morris Parkway – has been bought by an affiliate of Memphis-based Poag Lifestyle Centers.

48. Unified Moves To East Pointe Biz Center -

An independent forensic engineering and investigations company has relocated its Mid-South Service Center to a more secure location.

Unified Investigations & Sciences Inc. has inked 8,565 square feet in East Pointe Business Center Building D, 3875 Vantech Drive. The Suwanee, Ga.-based tenant was previously located at 3955 Whitebrook Drive, where it serviced Arkansas, North Mississippi and West Tennessee.

49. Weingarten Realty to Sell Two Industrial Properties -

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.

50. Cherokee Arms Undergoes Rehab -

It wasn’t long ago that the Cherokee Arms Apartments complex in Midtown was on the market with a note of “in need of repair.”

But thanks to Memphis native and current Los Angeles resident Dana Gabrion, the three-story complex will soon breathe new life to 1508 Madison Ave. Under the entity Gabrion Properties LLC, she acquired the 30-unit, Class C investment-grade multifamily building for $455,000 in fall 2010 and hopes to have it ready for occupancy come June.

51. CK’s Moves Into Jackson as Part of Expansion -

A longtime Memphis diner chain is expanding its presence into the Jackson, Tenn., market.

CK’s Coffee Shop has signed a five-year lease for 1,390 square feet of the existing 4,900-square-foot Old Medina Market Gas Station at 2800 Old Medina Road.

52. CK's to Expand Into Jackson, Tenn. -

Longtime Memphis diner chain CK’S Coffee Shop has signed a five-year lease for 1,390 square feet of the existing 4,900-square-foot Old Medina Market Gas Station at 2800 Old Medina Road.

53. Tubing Maker Doubles Space in Willow Lake -

A Memphis-based tubing supplier is renewing its lease and more than doubling its space in a distressed Hickory Hill industrial park.

Jacob Tubing LP – the U.S. subsidiary of European modular tubing manufacturer Jacob Soehne – has renewed its 10-year lease for 20,232 square feet and expanded into an additional 30,000 square feet at Willow Lake Business Park, 3948 Willow Lake Blvd., in the Southeast industrial submarket.

54. Mercer Ready to Steer MAAR Commercial Council -

John Mercer does not take over as 2012 president of the Memphis Area Association of Realtors Commercial Council until Jan. 1, but he is already working hard planning several big MAAR events for early next year.

55. Midtown Vacancy -

Memphis hospitality professional Tony Westmoreland hopes someone can breathe new life into a beleaguered, empty Midtown building that operated as a hotel for more than four decades.

56. Trinity Place Sells For Third Time In Five Years -

A Cordova retail center is under new ownership for the third time in five years. Atlanta-based Altus Real Estate Advisors LLC has purchased Trinity Place, 7990 Trinity Road, for $2.8 million.

57. Calif. Investor Buys Midtown Apartments -

A vintage apartment complex in Midtown is under new ownership.

Gabrion Properties LLC closed on approximately 20,000 total square feet of space in Cherokee Arms Apartments for $455,000. The three-story apartment complex, 1508 Madison Ave., contains 30 studio apartments with historic vintage architecture.

58. Events -

The Memphis Orthopaedic Lecture Series will feature speakers Dr. Frederick M. Azar and Dr. Derek M. Kelly, both of the Campbell Clinic, Monday from 4 p.m. to 5 p.m. at the Hamilton Eye Institute, 930 Madison Ave., third floor. For reservations, e-mail aschuler@memphisbioworks.org or call 866-1460.

59. Tricky Market -

Because loan defaults are a common occurrence in this difficult financial climate, last week’s news that the 306-unit Preserve at Southwind Apartments had been foreclosed could easily be chalked up to a case of “another one bites the dust.”

60. Hyneman Sells 3-acre Outparcel Of Lakeland’s Corner Shops -

2957 Canada Road
Lakeland, TN 38002
Sale Amount: $550,000

Sale Date: March 22, 2010
Buyer: A. Douglas Collins
Seller: Corner Shops LLC

61. Events -

David Moore, real estate agent at Home Realty Co. of Memphis, will host “Understanding the Structure of Hard Money Financing for Real Estate Investors and the Law Changes of Purchase Money Notes for Sellers Under the SAFE Act” today and every weekday from 8:30 a.m. to 5 p.m. at Home Realty, 3412 Park Ave. For more information, call 238-8909.

62. Crye-Leike Considers Options for Midtown -

When Harold Crye and Dick Leike bought the former Anderton’s seafood restaurant at 1895 Madison Ave. in 2007, the founders of the state’s largest realty firm had big plans for the property.

63. Events -

The Dixon Gallery and Gardens will host “Tours at Two” today at 2 p.m. at the Dixon, 4339 Park Ave. Visitors can take a special tour of the exhibits “Carry Me: Lucite Handbags from the Caryn Scheidt Collection” and “Lichtenstein in Process.” For more information, call 761-5250.

64. Events -

The Dixon Gallery and Gardens will host “Tours at Two” Tuesday at 2 p.m. at the Dixon, 4339 Park Ave. Visitors can take a special tour of the exhibits “Carry Me: Lucite Handbags from the Caryn Scheidt Collection” and “Lichtenstein in Process.” For more information, call 761-5250.

65. Events -

Heartsong Church will host a Christmas Eve celebration featuring local singer Alexis Grace today from 5 p.m. to 7 p.m. at Heartsong, 800 N. Houston Levee Road. For more information, contact Michelle Worth at 755-6332 or e-mail mworth@heartsongchurch.net.

66. Events -

The Memphis Bar Association will present a continuing legal education seminar titled “Summary Judgment in Tennessee, Yesterday, Today and Tomorrow” today from 9 a.m. to 12:15 p.m. at the MBA office, 80 Monroe Ave., Suite 220. To register, visit www.memphisbar.org.

67. Building Permit Brings Wally Joe Restaurant Closer to Reality -

690 S. Perkins Road
Memphis, TN 38117
Permit Amount: $800,000

Project Cost: $800,000
Permit Date: Applied October 2009
Completion: Summer 2010
Owner: Wally Joe Realty LLC
Tenant: TBA
Contractor: Day Construction LLC
Architect: Doug Enoch

68. Troubled Frayser Apartment Complexes Land New Owner -

3081 St. Charles Drive
and 931 Frayser Blvd.
Memphis, TN 38127

Sale Amount: $2.2 Million
Sale Date: July 22, 2009
Buyer: Group 40 LLC
Seller: Whitney Frayser Manor Memphis LLC
Loan Amount: $1.5 million
Loan Date: July 21, 2009
Maturity Date: July 1, 2012
Lender: Madison Realty Capital LP

69. Foreclosed Apartments Find New Owner -

The bank that bought the Whitney Manor and Frayser Manor apartment complexes in Frayser out of foreclosure has sold the properties to a Connecticut-based entity called Group 40 LLC. The $2.2 million sale closed in late July.

70. Memphis Music Foundation Elects Bell Chairman -

Al Bell has been elected the new chairman of the Memphis Music Foundation.
Under Bell’s direction, the foundation will continue to provide education, strategic planning and promotional opportunities to the Memphis music industry.
Bell is the former chairman and owner of Stax Records and former president of Motown Records. Bell has worked with artists such as Booker T and the MG’s, Otis Redding, Sam and Dave, Albert King, Rufus Thomas, Isaac Hayes and Richard Pryor.

71. Neuvo Salon Files Permit For New East Memphis Location -

5158 Wheelis Drive
Memphis, TN 38117
Permit Amount: $712,367

Project Cost: $712,367
Permit Date: Applied May 2009
Completion: March 2010
Owner: Neuvo Salon
Tenant: Neuvo Salon
Contractor: Construction Solutions LLC
Architect: Thoda and Associates PLLC

72. Frayser Apartments Sold Back to Bank -

The Whitney Manor and Frayser Manor apartment complexes in Frayser have been sold back to the bank that owned the note on them, Madison Realty Capital LP, for a combined $1.2 million following a foreclosure. Whitney Frayser Manor Memphis LLC, a local entity related to the lender, bought the properties April 6 from successor trustee Charles S. Sanger on the courthouse steps.

73. Transformation of 109-Year-Old Downtown Building Moves Forward -

59 S. Main St.
Memphis, TN 38103
Permit Amount: $1.5 Million

Project Cost: $2 million
Permit Date: Applied March 2009
Completion: Varies
Owner: Frix Properties
Tenant: Mixed (Frix-Jennings Clinic, coffee shop, apartments)
Contractor: Frix Properties

74. UTMG Renovation To Begin at Midtown Tower -

Investec Realty Services Inc., manager of the 1407 Union Ave. building in Midtown, has filed a $501,000 permit application with the city-county Office of Construction Code Enforcement to renovate 80,000 square feet on seven floors of the building for the University of Tennessee Medical Group Inc.

75. Frayser Apartments Face Foreclosure Sale -

The owner of the Whitney Manor and Frayser Manor apartment complexes in Frayser has been foreclosed, and both properties will be sold on the courthouse steps April 6, according to a notice on Page 39 of today’s print edition of The Daily News, and also at The Daily News Online, www.memphisdailynews.com.

76. Fentress Joins Harris Shelton -

Susan Fentress has joined the Downtown offices of Harris Shelton Hanover Walsh PLLC. Fentress concentrates her practice in the areas of intellectual property and biosciences.

77. Revid Property Management Has Growth on Mind During Tough Times -

Revid Property Management LLC acquired Midtown Property Management and Realty LLC in August, gaining about 400 new rental units and placing the company and its sister entities, Revid Realty LLC and Revid Design LLC, as one of the largest property management companies in Memphis.

78. Hedge Funds Help Fill Gap in Lending for Property -

Three months ago, Eric Gray saw an opportunity to scoop up a vacant retail property in New York City's borough of Brooklyn. But he had a problem, one that has been plaguing many real-estate investors and owners: The nation's banks, burned by years of easy credit and the resulting devastating losses, are no longer eager to lend.

79. Commercial Real Estate Tumbles -

After a prolonged and prosperous ride, commercial real estate stumbled in the past year with no signs of regaining its balance anytime soon.

Just 998 commercial sales were made in Shelby County from August 2007 through July 2008, down 17.6 percent from 1,211 sales during the previous 12-month period, according to the latest data from real estate information company Chandler Reports, www.chandlerreports.com.

80. Crye-Leike Office Closings Shine Light On Poor Market -

For the first time in its 31-year history, Crye-Leike Realtors has shuttered branches without plans to replace them, proof the housing crisis is gaining strength as real estate companies shrink their footprints to reduce overhead and cope with the downturn.

81. No Gloom Here -

Memphis' multifamily industry enjoyed one of the most dynamic years in recent memory, as 2007 saw increased occupancy, rental rates and even construction, according to the fourth quarter and 2007 "Memphis Multi-Housing Marketview" report by the local office of CB Richard Ellis (CBRE).

82. Breaking the Mold -

Large transactions involving apartment complexes and hotels dominated Shelby County's commercial real estate landscape in 2007, a year that saw increased sales amid an overwhelming economic slowdown.

83. Southaven Destination -

Sam Mitchell probably would be the first person to say commercial success in DeSoto County isn't limited to Goodman Road. The business lineup at Town Square at Snowden Grove in Southaven proves it.

84. Watergrove Transaction Sets Multifamily Price Record -

With 22 acres of lakes dotted across its sprawling footprint near Tenn. 385, Watergrove Townhomes has been one of the more recognizable properties in the Hickory Hill area for the past 20 years.

Thanks to the arrival of Philadelphia-based BPG Properties Ltd., the 1,002-unit Class B complex can now add another distinction to its resume - most lucrative.

85. Frayser Apartments SoldTo Connecticut Investor -      Two Frayser apartment complexes have sold to a Connecticut investor for $2.6 million.
     Whitney Manor Apartments at 1520 Whitney Ave. and Frayser Manor Apartments at 931 Frayser Blvd. were

86. Give 'Em Credit: Teachers' Credit Union Official Says New Branches Will Keep It Competitive -

New MATCU Branches on
Union Avenue and White Station Road
Project Cost: Not released

Permit Date: Dec. 4, 2006

87. Archived Article -

67 Madison Ave.
Memphis, TN 38103
Loan Amount: $24.5 million

Loan Date: July 10, 2006

Maturity Date: n/a

88. Trolley Line on Its Way to Becoming 'A Great People Mover,' Observers Say -

Although Memphis' trolley system has seen growth almost each year and topped 1 million riders in 2005, the economic impact on the area still is uncertain.

The trolley system transported 530,919 passengers in its first fiscal year of operation, 1994. That number increased almost every year, with the system carrying more than a million riders in 2005.

89. Madison Avenue Building Turns Inside Out -

The developers of the Goodwyn Condominiums at 127 Madison Ave. are looking to blend a historic building with high-tech amenities.

The 18-story, 68,000-square-foot building is being redeveloped by Henry Grosvenor and J. Hollingsworth of Capital Development LLC for $9 million.

90. Underutilized Downtown Properties Await Development -

The 29-story Sterick Building at 8 S. Third St. was once the city's premier office building - and was the tallest structure in the region for several decades.

Today, the 350,883-square-foot building is vacant and faces the same plight of inactivity as nine other historic Downtown properties identified by the Center City Commission.

91. Realty Trust PurchasesMadison Avenue Offices - First States Investors 4200 LLC has purchased a five-story, 49,701-square-foot office building at 158 Madison Ave. from Union Planters Bank NA for $1.5 million. The buyer is an affiliate of Pennsylvania-based American Financial Realty Trust. The buil

92. Royal ArkansasBuys Ramada Limited - The Royal Arkansas Hotel & Suites Inc. purchased the Ramada Limited at 2945-2979 Millbranch Road from LaSalle Bank as trustee for $1.9 million. One trust deed for $600,000 was filed with Madison Realty Capital as the lender. LaSalle purchased the pro

93. Archived Article: Events - The Collierville Chamber of Commerce holds a membership dinner meeting at 6:30 p

The Collierville Chamber of Commerce hosts a general membership dinner meeting at 6:30 p.m. today at Woodland Hills, 10000 Woodland Hills Drive. Bart Star, NFL Hall ...

94. Archived Article: Real Recap - 10 S

Developer Refinances South Main Apartments

10 S. Main St.

Memphis, TN 38103

Cost: $7.9 million

Borrower: CTB LLC

Lender: Morgan Stanley Mortgage Capital Inc.

Trustee: Mid-South Title Corp.

Property: No. 10 Main Apartment...

95. Archived Article: Real Recap - HELM Fertilizer plans additional warehouse

HELM Fertilizer Plans Additional Warehouse 28.6 acres near

Channel and Port

Cost: $3 million

Borrower: HELM Fertilizer Terminal Inc.

Lender: First Tennessee Bank National Association

Prope...

96. Archived Article: Real Recap - 1089 Vollentine Ave

Investment Trust Finances Land Near Raines Two tracts in

Raines developments

Cost: $12.5 million

Borrower: US Industrial REIT, a Texas real estate investment trust

Lender: Massachusetts Mutual Life Insurance Co. 97. Archived Article: Huey's (lead) - Hueys on tap Hueys serves up E. Memphis, Southwind locations

By MARY DANDO

The Daily News

East side, west side, all over the town might well describe the proliferation of Hueys Bar & Grill restaurants throughout the Memphis area in the ...

98. Archived Article: Real Briefs - All personal digital assistant users are invited to attend a PDA Users Group Meeting from 11:30 a

All personal digital assistant users are invited to attend a PDA Users Group Meeting from 11:30 a.m. to 1 p.m. Tuesday at the Memphis Area Associati...

99. Archived Article: Calendar - Calendar of events: June 5 11 Calendar of events: May 14-May 20 May 14 The International Association for Administrative Professionals will have its monthly meeting at 6 p.m. at the Holiday Inn-Memphis East. Anne Jones of Dress for Success, Memphis C...

100. Archived Article: Real Review Lj - Jitney Jungle closes doors Jitney Jungle closes doors in Little Rock, Memphis markets Jitney Jungle Stores of America Inc. on Monday announced the sale of six stores and the closure of three grocery stores and two companion gas stations in the Memph...