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Editorial Results (free)

1. Oklahoma Hotel Group Buys Baymont Inn -

6020 Shelby Oaks Drive
Memphis, TN 38134
Sale Amount: $2.1 million

Sale Date: Aug. 6, 2013
Buyer: Champion Regional Development LLC
Seller: BRE/LQ Properties LLC
Loan Amount: $2.1 million
Loan Date: Aug. 7, 2013
Maturity Date: N/A
Borrowers: Sunny Management LLC; KNSB LLC; Jansa LLC
Lender: InterBank
Details: An affiliate of Oklahoma City-based Champion Hotels has paid $2.1 million for the 103-room Baymont Inn & Suites Memphis East hotel at 6020 Shelby Oaks Drive in Northeast Memphis.

2. Hickory Hill Facility Sells for $1.8 Million -

A manufacturing and distribution facility at 5195 Bledsoe Road in Hickory Hill has sold for $1.8 million.

3. Loeb Makes Progress on Square Plan -

The blue banner that hung until recently at the curved building at Cooper Street and Madison Avenue and read “Returning in 2012” will soon ring true for Overton Square and its developer, Loeb Properties Inc.

4. Gastro Group Opens Office In Senatobia -

Utley Properties has closed on a flurry of deals in its Northwest Plaza Shopping Center in Senatobia in recent weeks.

Dr. Ulric Duncan of Delta Gastroenterology PC has leased 1,200 square feet of space at 113 Northwest Drive for two years.

5. MC Ionic Solutions US Begins Work on Fite Rd. Site -

2665 Fite Road
Memphis, TN 38127
Permit Amount: $1.3 million

Permit Date: Applied July 2011

6. Delta Narrows Q2 Net Loss -

Delta Air Lines Inc. on Wednesday released its financial results for the second quarter, and the outlook remained gloomy – with a few bright spots sprinkled in – for Memphis’ dominant carrier and the world’s largest passenger airline.

7. Down in DeSoto -

Like elsewhere in the region and across the nation, the commercial real estate market in DeSoto County has experienced a rise in "tire kicking."

Business owners and company executives continue shopping for properties - perhaps even taking proverbial test drives - but not many are inking contracts and driving off the lot, said Sam Mitchell, a commercial broker with McCullar Ferguson Realty LLC in Southaven.

8. M3 Alliance Forms To Better Market Northwest Miss. Counties -

The economic development corporations of four Northwest Mississippi counties - DeSoto, Tunica, Tate and Panola - have joined together with hopes of presenting a unified regional front to any company looking to relocate to the area.

9. Crye-Leike Co-Founder Discusses Latest National Honor -

Harold Crye's surname is familiar to anyone who knows what a "For Sale" sign looks like - red and white Crye-Leike signs have dotted the Memphis landscape for the past 30 years.

Crye, along with partner Dick Leike, founded Crye-Leike Realtors in 1977.

10. Mesaba Workers Accept Labor Cuts -      Pilots, flight attendants and mechanics of Mesaba Airlines ratified labor agreements that will reduce labor costs by about 15 percent.
     The changes, which were temporarily accepted Oct. 3

11. Archived Article -

300 N. Second St.
Memphis, TN 38105
Loan Amount: $12 million

Loan Date: Aug. 31, 2006

Maturity Date: n/a

12. Archived Article -

205 Pasadena Place
Memphis, TN 38104
Loan Amount: $14.2 million

Loan Date: April 18, 2006

Maturity Date: April 30, 2008, with option for extension to April 30, 2009

13. Archived Article: Real Review - The nations largest grocery store chain and a major discount retailer have signed on with Boyle Investment Co Boyle development draws Kroger, Stein Mart The nations largest grocery store chain and a major discount retailer have signed on with Boyle ...