1245 N. Germantown Parkway,
Cordova, TN 38016

Sale Amount: $12.6 million

2. Colliers Hired to Lease Lake District Office Space - Saturday, July 21, 2018

Lake District developers Gilad Development Inc. has hired real estate brokerage firm Colliers International handle the leasing for the office portion of the 160-plus-acre mixed-use development.

3. Colliers Hired to Lease Lake District Office Space - Wednesday, July 18, 2018

Lake District developers Gilad Development Inc. has hired real estate brokerage firm Colliers International handle the leasing for the office portion of the 160-plus-acre mixed-use development.

4. Colliers Hired to Lease Lake District Office Space - Monday, July 16, 2018

Lake District developer Gilad Development Inc. has hired real estate brokerage firm Colliers International to handle the leasing for the office portion of the 160-plus-acre mixed-use development.

5. SEC and Alabama Again Dominate NFL Draft - Tuesday, May 1, 2018

The dominance of SEC football might come into question on a particular Saturday or during a specific postseason. But not during the NFL Draft as general managers time and again treat the league as the next-closest thing to pro football.

6. New Details on Downtown Hotel, Clark Tower Lands Another Tenant - Monday, April 9, 2018

477 S. Main St.
Memphis, TN 38103

Application Date: April 10

Owner: South Main Hotel LLC

7. New Horizons Inks Deal for Offices at Clark Tower - Saturday, April 7, 2018

IT training company New Horizons Computer Learning Center has signed a deal to occupy 6,479 square feet of office space on the second floor of In-Rel Properties’ Clark Tower.

With more than 300 locations in 70 countries, New Horizons Computer Learning Center has provided independent IT training to more than 30 million students and companies.

8. New Horizons Inks Deal For Offices at Clark Tower - Friday, April 6, 2018

IT training company New Horizons Computer Learning Center has signed a deal to occupy 6,479 square feet of office space on the second floor of In-Rel Properties’ Clark Tower.

With more than 300 locations in 70 countries, New Horizons Computer Learning Center has provided independent IT training to more than 30 million students and companies.

9. New Apartments Coming to Broad, Clark Tower Inks Another Tenant - Monday, April 2, 2018

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

10. Caissa Public Strategy Inks Deal in Clark Tower - Saturday, March 31, 2018

Caissa Public Strategy has inked a new deal to occupy 5,086 square feet on the 17th floor of the Clark Tower in East Memphis.

“As our team continues to expand, we needed a space that could meet our growing needs,” said Brian Stephens, CEO of Caissa. “Clark Tower was the right choice for us because of the updated space and central location. We look forward to the continued growth of Caissa and our partnership with the Clark Tower team.”

11. Caissa Public Strategy Inks Deal in Clark Tower - Friday, March 30, 2018

Caissa Public Strategy has inked a new deal to occupy 5,086 square feet on the 17th floor of the Clark Tower in East Memphis.

“As our team continues to expand, we needed a space that could meet our growing needs,” said Brian Stephens, CEO of Caissa. “Clark Tower was the right choice for us because of the updated space and central location. We look forward to the continued growth of Caissa and our partnership with the Clark Tower team.”

12. Not Your Father’s Office Building - Saturday, February 24, 2018

2017 was a big year for Clark Tower, with more than $9 million in physical improvements. But perhaps one of the biggest changes to the 34-story East Memphis office tower, located at 5100 Poplar Ave., is a change in perception.

13. 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. 

14. 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. 

15. 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.

16. Memphis Music Initiative To Occupy Old Downtown Firehouse - Thursday, July 27, 2017

198 Dr. Martin Luther King Jr. Ave., Memphis, TN 38103

Tenant: Memphis Music Initiative

17. Canadian Investor Buys Historic Downtown Office - Saturday, July 22, 2017

Cutler Property Group, a Montreal-based real estate developer and investor, has bought an 111-year-old Downtown office building, part of the Canadian company’s plan to acquire as much as $10 million of property in the Memphis area.

18. 111-Year-Old Downtown Office Bought By Canadian Investor - Thursday, July 20, 2017

Cutler Property Group, a Montreal-based real estate developer and investor, has bought an 111-year-old Downtown office building, part of the Canadian company’s plan to acquire as much as $10 million of property in the Memphis area.

19. Clark Tower Wraps Up $8 Million Renovation - Thursday, May 11, 2017

Commercial real estate firm Colliers International has announced the owner of Clark Tower, In-Rel Properties, has finished an $8 million renovation of the iconic East Memphis office building. Details on that and other top deals in this week's Real Estate Recap...

20. In-Rel Taps Colliers To Lease Memphis Portfolio - Saturday, January 28, 2017

In-Rel Properties has awarded Colliers International Asset Services Memphis the leasing assignment for its 1.3 million-square-foot local office portfolio, which includes Clark Tower, i-bank Tower, Lynnfield Office Park and 2400 Poplar Ave.

21. In-Rel Taps Colliers to Lease Memphis Office Portfolio - Thursday, January 26, 2017

In-Rel Properties has awarded Colliers International Asset Services Memphis the leasing assignment for its 1.3 million-square-foot local office portfolio, which includes Clark Tower, i-bank Tower, Lynnfield Office Park and 2400 Poplar Ave.

22. Last Word: The Wiseacre Deal, City Hall Goes To Pot and TEDx Memphis - Wednesday, August 24, 2016

That was quick. Less than a week to come up with lease terms between the city and Wiseacre Brewing for the Mid-South Coliseum including a due diligence period that is the first order of business.

23. Can GOP Keep Grasp On Success Ramsey Built? - Thursday, March 31, 2016

As much as Tennessee Republicans want to put a happy face on the departure of Senate Speaker and Lt. Gov. Ron Ramsey, holding it together in the wake of his departure will be an awesome task.

24. Plans Emerge for Universal Life Building - Friday, January 16, 2015

In major Downtown news, the on-again, off-again redevelopment of the Universal Life Insurance Co. building Downtown appears to be on.

25. Dohmen Life Science Adds Space in SE Memphis - Friday, August 1, 2014

Dohmen Life Science Services is expanding its footprint in Southeast Memphis.

The operator of the pharmaceutical logistics company DDN recently inked lease renewals and an expansion that pushed its occupancy to 628,000 square feet.

26. ‘Significant Headwinds’ - Saturday, July 5, 2014

When Gov. Bill Haslam joined local economic development and civic officials at FedExForum in January to announce that Conduit Global would open a call center in Shelby County that would employ 1,000 people over the next three to five years, it provided a much-needed boost to the local office real estate sector.

27. FedEx Consolidates Office Space - Tuesday, May 6, 2014

For months, commercial real estate brokers have been watching closely for any signs that might hint at what FedEx Corp. and its subsidiaries will do with the hundreds of thousands of square feet of commercial space the Memphis-based company leases across the area.

28. Vote of Confidence - Saturday, May 3, 2014

After experiencing a strong fourth quarter in 2013, confidence in the Memphis office market remains high so far this year.

First quarter leases signed outnumbered tenant move outs and the Memphis market ended the quarter with 54,989 square feet of absorption, according to CB Richard Ellis Memphis.

29. Cates, Kornegay Look to Future While Honoring Colliers’ Past - Monday, April 21, 2014

The memory is scorched in Andy Cates’ mind.

It was 2005 and Cates, just 29 years old at the time, was being made a partner at Colliers International Memphis, the commercial real estate firm.

30. Buzz Around Spec Office Space Starts to Swirl - Saturday, March 1, 2014

International Paper Co.’s new office tower in East Memphis is under construction now, but it’s been four years since the last speculative office building opened its doors in Memphis.

31. Office Occupancy Ends 2013 on High Note - Tuesday, February 4, 2014

An unusually strong fourth quarter helped push the overall Memphis office market occupancy rate into positive territory for 2013, according to year-end commercial real estate market reports.

The Memphis market recorded absorption of 225,338 square feet in the fourth quarter – the largest positive absorption the market has experienced during any quarter in more than 10 years – to end the year with positive net absorption of 40,558 square feet, according to CB Richard Ellis Memphis.

32. New Life - Saturday, January 18, 2014

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.

33. New Life - Monday, January 20, 2014

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.

34. Apperson Crump Expands in Triad III - Friday, March 15, 2013

Memphis’ oldest continuously practicing law firm is expanding its presence in Triad III.

Apperson Crump PLC added 2,037 square feet to its seventh floor space in a vacant adjacent area between Silverleafe Capital Partners LLC.

35. Phillips Joins Spirco as Manager, Vice President - Wednesday, February 13, 2013

Mike Phillips has joined Spirco Manufacturing as general manager and vice president of operations. In his new role, Phillips will oversee all divisions of the metal-building manufacturer and direct its organizational needs.

36. Pinnacle Departure Brings Real Estate Challenge - Wednesday, January 30, 2013

Pinnacle Airlines Corp.’s relocation of its Memphis headquarters to Minneapolis by May should have long-term leasing effects on the Downtown office market.

37. Slow and Steady - Monday, December 3, 2012

The local office market saw little change in the third quarter, and brokers say the fourth quarter will likely yield similar results.

Memphis’ vacancy rate ended the quarter in the mid-14 percent range, the same levels as 2008, according to Colliers International Memphis’ Q3 office report. Vacancy during that period in 2007 was below 12 percent.

38. Cohen Talks About Opponents, Schools, Race and His Political Past - Monday, July 23, 2012

U.S. Rep. Steve Cohen is running for a fourth term in Congress starting with the Aug. 2 primary, in which he is being challenged by countywide school board member Tomeka Hart.

39. ‘Perfect Storm’ - Tuesday, July 3, 2012

Office sublease space reached a record high in the first quarter, and local experts are forecasting even more leases from one lessee to another to hit the market prior to year-end.

Office subleasing totaled 600,664 square feet during the first three months of the year, according to Cushman & Wakefield/Commercial Advisors LLC’s Q1 office market report. That’s nearly 14 percent of total available space.

40. Granting Wishes - Monday, May 28, 2012

Make-A-Wish Foundation of the Mid-South plans to grant 220 wishes to children with life-threatening medical conditions this year.

On Thursday, May 24, the Memphis Area Association of Realtors Commercial Council was able to witness one of those wishes being granted firsthand at Windyke Country Club, as well as donate enough funds to share the power of three additional wishes.

41. In-Rel Outsources Office Leasing - Friday, May 25, 2012

In-Rel Properties Inc. has outsourced its Memphis office leasing to Cushman & Wakefield/Commercial Advisors LLC, following months of changes up top for the Lake Worth, Fla.-based real estate firm.

42. In-Rel Outsources Office Leasing - Thursday, May 24, 2012

In-Rel Properties Inc. has outsourced its Memphis office leasing to Cushman & Wakefield/Commercial Advisors LLC, following months of changes up top for the Lake Worth, Fla.-based real estate firm.

43. Office Opportunities - Thursday, May 3, 2012

Memphis’ office real estate landscape is changing, and for three firms, those changes are creating opportunities.

Orlando, Fla.-based Parkway Properties Inc. in March completed the sale of its interest in Renaissance Center – a 190,000-square-foot office building at 1715 Aaron Brenner Drive in the Poplar Avenue corridor – to partner Parkway Properties Office Fund LP.

44. Pera, Lightman, Rainer V Take Top Pinnacle Awards - Thursday, April 26, 2012

The Memphis Area Association of Realtors Commercial Council honored the top performers in commercial real estate for 2011 at the 11th annual Pinnacle Awards gala, held Tuesday, April 24, at the Holiday Inn University of Memphis.

45. Awards Just One Facet Of Comm. Council - Tuesday, April 17, 2012

This year marks a decade of existence for the Memphis Area Association of Realtors’ Commercial Council, the trade organization for the commercial real estate profession and its related sectors.

The council has about 325 members whose professions include commercial developers, brokers, property managers and other related CRE careers. Two of the council’s main events each year are the Commercial Property Forecast Summit, held in February, and the Pinnacle Awards, which honor the highest-producing commercial brokers each spring.

46. Cubicles: Unintended Consequences - Tuesday, April 10, 2012

Finding ways to maximize office space isn’t really a new concept. After all, Dilbert has been parodying office life in and around the cubicle for more than 20 years.

But a recession has a way of challenging us all to do more with less and there may be no better example of that in commercial real estate than in the office sector, where there is a global trend toward allocating less square footage per person. Forty percent of respondents in a recent CoreNet Global survey project their office space per person will be 100 square feet or less by 2017 and a majority of respondents reported that they’ve already reduced space per employee by 5 to 25 square feet over the last five years.

47. Renaissance 2012 - Friday, February 3, 2012

It may be the start of a new year for most people, but for arts organizations in Memphis, it’s a new life altogether. Tough economic years in 2009 and 2010 led to creative collaborations in 2011, which some say will bloom into financial success in 2012.

48. ‘A Different Place’ - Friday, December 9, 2011

In Memphis’ small commercial real estate network, it’s not uncommon for brokers to be on opposite sides of the negotiating table one hour then clinking beers in celebration at Jim’s Place East the next.

49. Mercer Ready to Steer MAAR Commercial Council - Monday, November 28, 2011

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.

50. Mayor Wharton to Speak At Commercial Council Breakfast - Monday, July 25, 2011

The Memphis Area Association of Realtors Commercial Council will serve as host for a breakfast on Wednesday, July 27, with Memphis Mayor A C Wharton Jr. at Downtown’s One Commerce Square Annex, 40 S. Main St.

51. Slow Deals Latest Signs of Times - Monday, May 30, 2011

Office and industrial deals across the Mid-South are taking longer to get accomplished thanks to shaky confidence and more financial hurdles coming out of the economic downturn of the past few years.

52. MAAR Commercial Council Golf Tourney Makes Dreams Come True - Monday, May 16, 2011

The First Annual Memphis Area Association of Realtors Commercial Council Charity Golf Tournament raised enough money to grant three wishes for Make-A-Wish children Thursday at Windyke Country Club.

53. MAAR to Honor Top Brokers with Pinnacle Awards - Wednesday, February 23, 2011

The Pinnacle Awards have become a benchmark for excellence in the commercial real estate industry.

Started in 2002, the awards honor the highest producing commercial brokers in Memphis for the previous year in a number of categories including broker and newcomer of the year. All commercial brokers who hold membership in the Memphis Area Association of Realtors Commercial Council are encouraged to submit an application.

54. Summit to Provide Insights for CRE Market - Tuesday, February 1, 2011

Commercial real estate professionals will soon have the opportunity to gain insight on local and national issues that have an effect on Memphis business.

The eighth annual Commercial Property Forecast Summit, presented by the Memphis Area Association of Realtors Commercial Council, will provide reviews and forecasts of four local commercial real estate sectors.

55. Riley Poised to Lead MAAR Commercial Council in 2011 - Friday, January 7, 2011

Ron Riley launched his sales career by selling copiers and printers at Xerox Corp. shortly after receiving his bachelor’s degree in business from the University of Memphis.

56. In-Rel Wraps Up Rebranding Campaign - Tuesday, January 4, 2011

After more than a year in the making, one commercial real estate firm’s rebranding efforts are now complete as it seeks to zero in on tenant retention.

In-Rel Properties Inc. – formerly In-Rel Management – is now “vertically integrated,” meaning it has shifted its focus to owning and managing its portfolio with little or no third-party involvement.

57. MAAR Commercial Council Welcomes New Board Members - Monday, August 16, 2010

The Memphis Area Association of Realtors Commercial Council held its annual board of directors meeting Thursday, approving three new members for its 2011 board.

Greg deWitt of Grubb & Ellis Co. will take over one of the council’s director seats next year before becoming the council’s vice president in 2012. He will inherit the seat occupied by John Mercer of Highwoods Properties in 2011.

58. Events Company Sparks New Activity Atop Clark Tower - Tuesday, July 20, 2010

After four years of refining and expanding his catering business, Wade Hartsfield has taken on a soaring new challenge.

59. Questions Abound for Commercial Real Estate’s Future - Thursday, February 18, 2010

The commercial real estate market will need to navigate its way through a host of landmines before it sees anything resembling recovery.

That was the message Mark Dotzour, chief economist and director of research for the Real Estate Center at Texas A&M University, told local brokers, bankers and appraisers at Wednesday’s Commercial Property Forecast Summit, held at the Germantown Performing Arts Centre and sponsored by the Memphis Area Association of Realtors Commercial Council.

60. Wamp Heads to Ala. for Gubernatorial Fundraiser - Wednesday, January 20, 2010

NASHVILLE, Tenn. (AP) - Tennessee gubernatorial candidate Zach Wamp is headed to neighboring Alabama for a campaign fundraiser.

The $500-per-ticket Wamp fundraiser scheduled for Monday in Huntsville features Alabama Gov. Bob Riley.

61. In-Rel Buys Former Comcast Building, Renames it “Quince Centre” - Tuesday, December 22, 2009

6555 Quince Road
Memphis, TN 38119
Sale Amount: $5 million
Sale Date: Dec. 7, 2009

Buyer: 6555 Quince Building Owner LLC
Seller: BACM 2000-2 Quince Road LLC
Loan Amount: $3.1 million
Loan Date: Dec 7, 2009
Maturity Date: N/A
Lender: Insbank

62. In-Rel Closes On Quince Office Building - Wednesday, December 16, 2009

In-Rel Management Inc. has bought the 123,924-square-foot office building at 6555 Quince Road in the Quince/Ridgeway area of Southeast Memphis for $5 million in a special warranty deed.

63. MAAR Commercial Council Names 2010 Officers - Monday, August 24, 2009

The Memphis Area Association of Realtors Commercial Council announced Friday that Wyatt Aiken of Commercial Advisors will serve as 2010 president and Ron Riley of In-Rel Management will serve as 2010 president-elect.

64. MAAR Commercial Council Elects Skopp President - Monday, January 5, 2009

The Memphis Area Association of Realtors Commercial Council has elected Irvin Skopp of Belz Realty Co. as the 2009 board of directors’ president and Wyatt Aiken of Commercial Advisors as 2009 president-elect.

65. Bredesen to Host Fundraiser for Kurita Replacement - Monday, September 22, 2008

NASHVILLE, Tenn. (AP) - Gov. Phil Bredesen plans to headline a fundraiser for the Democratic nominee who replaced incumbent Sen. Rosalind Kurita on the ticket in Senate District 22.

A joint convention of Democratic leaders in Montgomery, Cheatham and Houston counties this week voted to select Clarksville attorney Tim Barnes as the nominee over Kurita.

66. Bredesen Reaffirms Commitment To Tennessee Plan - Monday, August 4, 2008

Tennessee Gov. Phil Bredesen wants the Tennessee Plan for selecting appeals court judges to remain in place.

Bredesen commented last week during a trip to Memphis that included the ceremonial swearing in of new Tennessee Criminal Appeals Court Judge Camille McMullen of Memphis.

67. MAAR ConfirmsCommercial Council Officers - Monday, September 10, 2007
     The Memphis Area Association of Realtors (MAAR) Commercial Council last week confirmed that Steve Guinn of Highwoods Properties will serve as 2008 president. The group also elected Irvin Skopp of Belz Realty Co. as 2008

68. Archived Article - Tuesday, January 2, 2007

Six lots in
Braystone Park
Loan Amount: $3.9 million

Loan Date: Dec. 14, 2006

Maturity Date: Dec. 10, 2007

69. Clark Tower OwnerBuys 2400 Poplar - Wednesday, December 27, 2006
     In-Rel Management Inc., which in 2003 bought Clark Tower at 5100 Poplar Ave., has expanded its Memphis portfolio with the addition of a 66,000-square-foot office building at 2400 Poplar Ave.
    

70. Archived Article: Newsmakers - Wednesday, September 17, 2003
<ephoto> Pamela Cannon Scretchen was presented with the James G

Perl to Chair Airports Council Committee Arnold Perl, chairman of the Memphis-Shelby County Airport Board of Commissioners, was elected chairman of the Commissioners Committee ...

71. Archived Article: Sofamor Danek Lj - Tuesday, May 6, 1997
lj 10/5 cates Sofamor Danek breaks ground on new addition By LAURIE JOHNSON The Daily News Sofamor Danek Group Inc. officially broke ground Monday on an addition that will significantly increase the amount of office and distribution space at the com...