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Editorial Results (free)
1.
Container Apartments, Warehouse Moving Ahead -
Friday, January 19, 2018
Plans for a southeast Memphis textiles distribution facility and a Medical District apartment development made of shipping containers both took steps forward Wednesday, Jan. 17, with approvals from local boards.
2.
Memphis Hilton Sale, New FedEx Hub Building Highlight Busy Week -
Monday, January 15, 2018
939 Ridge Lake Blvd.
Memphis, TN 38120
Sale Amount: $31 million
Sale Date: Jan. 3, 2018
Buyer: Linchris Hotel Corp.
Seller: Davidson Hotels and Resorts
3.
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.
4.
Exeter Closes on Fifth Major Purchase in October -
Saturday, November 4, 2017
Pennsylvania-based real estate investment management firm Exeter Property Group made its fifth significant local investment within a month with the $13.8 million purchase of a 400,000-square-foot industrial property in southeast Memphis.
5.
Exeter Closes on Fifth Major Purchase in October -
Wednesday, November 1, 2017
Pennsylvania-based real estate investment management firm Exeter Property Group made its fifth significant local investment within a month with the $13.8 million purchase of a 400,000-square-foot industrial property in southeast Memphis.
6.
Gibson Plans to Sell Downtown Factory, Build a New One -
Monday, October 30, 2017
145 Lt. George W. Lee Ave., Memphis, TN 38103: Nashville-based guitar maker Gibson Brands Inc. confirmed Friday, Oct. 20, it is putting its Downtown Memphis factory on the market and plans to build and lease a new facility nearby.
7.
Pennsylvania Investor Buys More Memphis Property -
Saturday, October 28, 2017
Exeter Property Group has made its second significant splash in the Memphis market with the combined $34.5 million acquisition of two industrial properties.
In the first purchase, Exeter Property Group, doing business as Exeter 4755 Southpoint LLC, purchased a 700,000-square-foot Class A warehouse located at 4755 Southpoint Drive from New York-based Treeview Real Estate Advisors LP for $17.3 million.
8.
Pennsylvania Investment Group Makes $34.5M Splash -
Tuesday, October 24, 2017
Exeter Property Group as make its second significant splash in the Memphis market with the combined $34.5 million acquisition of two industrial properties.
In the first purchase, Exeter Property Group, doing business as Exeter 4755 Southpoint LLC, purchased a 700,000-square-foot Class A warehouse located at 4755 Southpoint Drive from New York-based Treeview Real Estate Advisors LP for $17.3 million.
9.
Dayco Picks Memphis Distribution Center Locale -
Saturday, July 4, 2015
A Michigan-based belts and hose manufacturer has settled on a location for its North American distribution center.
Dayco Products LLC has selected Centerpoint III at 3530 E. Raines Road.
10.
Fino’s Taking a Bite Out of East Memphis -
Thursday, July 2, 2015
The Brookhaven Circle area, an emerging restaurant row in the heart of East Memphis, is welcoming a new neighbor.
Jerry Wilson, owner of Fino’s from the Hill at 1853 Madison Ave. in Midtown, has acquired the property at 703 W. Brookhaven Circle in East Memphis for $526,600.
11.
Dayco Wins Tax Break For Distribution Operations -
Friday, June 19, 2015
Michigan-based manufacturer Dayco Products Ltd. will consolidate its distribution operations in the Memphis area, but exactly where remains undecided.
“Due to the continued growth in demand for our products and increased product complexity over the past several years, we have committed to this significant capital investment in order to deliver increased value to our customers,” said Ed Rammel, president of the North American and Australian Aftermarket for Dayco, in a company statement.
12.
Dayco Awarded Tax Incentive for Memphis Warehouse -
Thursday, June 18, 2015
A Michigan-based manufacturer of belts and other items for the automotive, industrial and aftermarket sectors has been awarded a tax break to open a national distribution center in Memphis.
The city-county Economic Development Growth Engine awarded Dayco Products Ltd. a five-year tax incentive for the distribution center, which will employ 174 workers. The average annual pay for employees would be $26,753, plus benefits.
13.
Archived Article -
Tuesday, July 24, 2007
5015 Citation Drive
Memphis, TN 38118
Sale Amount: $19.3 million
Sale Date: June 27, 2007
Buyer: Distribution I TL Owner LLC
14.
Foreign Group Buys PortfolioIncluding Three Memphis Sites -
Thursday, July 19, 2007
A group of foreign investors has bought three Memphis distribution sites as part of a $270 million, 22-building deal.
The investors, working under the name Distribution I TL Owner LLC, b