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Editorial Results (free)

1. Holiday Inn Express Ready To Rise Near Graceland -

3411 Elvis Presley Blvd.
Memphis, TN 38116

Loan Amount: $4.8 million

2. Valenti Management To Open New Office -

New office space is coming to Germantown, as Valenti Management has filed a $1.2 million building permit application for a “new single-story corporate office” on Crestwyn Hills Drive.

Valenti owns and operates Wendy’s and Chili’s franchises across Alabama, Tennessee, Mississippi, Pennsylvania and Missouri and has more than 4,500 employees. The vacant site at 9185 Crestwyn Hills Drive is east of Forest Hill-Irene Road and south of Crestwyn Hills Drive.

3. Valenti Management To Open New Office -

New office space is coming to Germantown, as Valenti Management has filed a $1.2 million building permit application for a “new single-story corporate office” on Crestwyn Hills Drive.

Valenti owns and operates Wendy’s and Chili’s franchises across Alabama, Tennessee, Mississippi, Pennsylvania and Missouri and has more than 4,500 employees. The vacant site at 9185 Crestwyn Hills Drive is east of Forest Hill-Irene Road and south of Crestwyn Hills Drive.

4. Drexel Buys Presidents Is. Warehouse -

A longtime Memphis-based agricultural chemical provider has snatched up a warehouse on Presidents Island, where it already has a strong presence.

Drexel Chemical Co. purchased the 137,526-square-foot former manufacturing and distribution facility on 12 acres at 2070 and 2071 Channel Ave. on Presidents Island from HPD Properties LLC for $810,000, or $5.89 per square foot.

5. Holrob Sells Last Piece Of Collierville Crossing Retail Center -

1.1 Acres
Collierville, TN 38017
Sale Amount: $1.5 Million

Sale Date: Oct. 15, 2009
Buyer: Murray-Collierville LLC
Seller: Holrob-Collierville LLC
Loan Amounts: $1.2 million; $200,000
Loan Dates: Oct. 15, 2009
Maturity Dates: Nov. 2, 2034; Oct. 15, 2014
Lenders: Community Financial Services Bank; Holrob-Collierville GP

6. Boyle Files $5M Loan On Moriah Woods -

Boyle Investment Co. has filed a $5 million deed of trust, assignment of rents and security agreement through Triumph Bank for the 15-acre Moriah Woods office park it developed during the late 1980s at Mt. Moriah Road and Interstate 240 in East Memphis.