Looking to continue its recent trend of bullish activity in the Memphis market, Faropoint Ventures has acquired a 1.1-million-square-foot industrial portfolio for $33.1 million. Details on that and more commercial real estate news in this week's Real Estate Recap...

2. Faropoint Acquires Massive Industrial Portfolio for $33.1M - Thursday, May 11, 2017

Looking to continue its recent trend of bullish activity in the Memphis market, Faropoint Ventures has acquired a 1.1 million-square-foot industrial portfolio for $33.1 million.

The seller was Greenfield Partners LLC, a Connecticut-based private equity firm. 

3. Shops of Wolflake Near Wolfchase Sells for $4.8M - Thursday, April 13, 2017

2965 N. Germantown Parkway
Bartlett, TN 38133 

Sale Amount: $5 million

Sale Date: March 31

Buyer: WFL Retail LLC

4. Shops of Wolflake Sells for $4.8 Million - Saturday, April 8, 2017

A Germantown Parkway shopping center near Wolfchase Galleria has switched hands for nearly $5 million, according to a warranty deed filed with the Shelby County Register of Deeds March 31.

Called the Shops of Wolflake, the Bartlett shopping center is located between St. Francis Hospital-Bartlett and the Wolfchase mall and is anchored by Eat Well Sushi and Grill.

5. Shops of Wolflake Near Wolfchase Sold for $4.8M - Thursday, April 6, 2017

A Germantown Parkway shopping center near Wolfchase Galleria has switched hands for nearly $5 million, according to a warranty deed filed with the Shelby County Register of Deeds March 31.

Called the Shops of Wolflake, the Bartlett shopping center is located between St. Francis Hospital-Bartlett and the Wolfchase mall and is anchored by Eat Well Sushi and Grill.

6. Midtown Retail Property Sells for $5 Million - Thursday, December 29, 2016

1625 Poplar Avenue

Memphis, TN 38104 

Sale Amount: $5 million

Sale Date: Dec. 21, 2016

7. International Real Estate Firms Find Purchase Potential in Memphis - Tuesday, January 26, 2016

International investors and developers are increasingly looking to Memphis because the market is stable and the returns are high, according to a variety of real estate professionals doing business locally.

8. TVA Begins Work On Memphis Natural Gas Plant - Tuesday, November 24, 2015

2480 HENNINGTON AVE
Memphis, TN 38109

Permit Amount: $5 million; $1.4 million

Application Date: Nov. 17

Owner: Tennessee Valley Authority

Tenant: Tennessee Valley Authority

9. Belz Sells Champion Hills Office Building for $7.8M - Tuesday, October 13, 2015

3725 Champion Hills Drive
Memphis, TN 38125
Sale Amount: $7.8 million

Sale Date: Oct. 8, 2015
Buyer: Champion Hills Realty Holdings LLC
Seller: Belz Investco GP
Loan Amount: $5.5 million
Loan Date: Oct. 5, 2015
Lender: C-III Commercial Mortgage LLC
Details: Belz Enterprises made another big real estate deal on the tail of its recent announcement to redevelop the corner of McLean Boulevard and Union Avenue into a mixed-use development.

10. Belz Sells Office Building Near Windyke for $7.8M - Monday, October 12, 2015

Belz Enterprises made another big real estate deal on the tail of its recent announcement to redevelop the corner of McLean Boulevard and Union Avenue into a mixed-use development.

In an Oct. 8 warranty deed, Belz Investco GP sold the four-story office building at 3725 Champion Hills Drive for $7.8 million to Faropoint Ventures LLC acting as Champion Hills Realty Holdings LLC.

11. Belz Sells Office Building Near Windyke for $7.8 Million - Friday, October 9, 2015

Belz Enterprises made another big real estate deal on the tail of its recent announcement to redevelop the corner of McLean Boulevard and Union Avenue into a mixed-use development.

In an Oct. 8 warranty deed, Belz Investco GP sold the four-story office building at 3725 Champion Hills Drive for $7.8 million to Faropoint Ventures LLC acting as Champion Hills Realty Holdings LLC.

12. Events - Thursday, September 13, 2012

Pharmaceutical Research and Manufacturers of America will hold a panel discussion about its “Research in Your Backyard” report on Tennessee clinical trials Thursday, Sept. 13, at 11:30 a.m. at Memphis Bioworks Foundation, 20 Dudley St. Cost is free. Visit phrma.org.

13. Events - Tuesday, September 11, 2012

Forest Hill Funeral Home and Cemeteries will hold a Sept. 11 memorial service Tuesday, Sept. 11, from 10:30 a.m. to 12:30 p.m. in its Bartlett chapel, 2440 Whitten Road. Visit foresthillfh.com.

14. Events - Wednesday, July 18, 2012

Lipscomb Pitts Breakfast Club and Littler Mendelson PC will present “Is Your Handbook Legal?” as part of its HR Lunch Bytes series Thursday, July 19, from noon to 1:30 p.m. at Littler, 3725 Champion Hills Drive, suite 3000. The series is geared toward human resources executives and business owners. Cost is free. Email rsvp.lpbc@lpinsurance.com.

15. Events - Tuesday, July 17, 2012

The Booksellers at Laurelwood will host a life-coaching workshop with Cynthia Schulz Tuesday, July 17, at 6 p.m. at the bookstore, 387 Perkins Road Extended. Schulz’s presentation is titled “Failure is Never Final.” Visit thebooksellersatlaurelwood.com.

16. Events - Friday, May 11, 2012

The 54th Annual Greek Food Festival will be held Friday, May 11, and Saturday, May 12, from 11 a.m. to 10 p.m. at Annunciation Greek Orthodox Church, 573 N. Highland St. Visit memphisgreekfestival.com.

17. Events - Thursday, May 10, 2012

The Greater Memphis Chamber: International Business Council will hold a seminar on business in the Philippines Thursday, May 10, at 8:30 a.m. at Hilton Memphis, 939 Ridge Lake Blvd. Cost is free. The IBC will also hold a luncheon at noon at the Hilton. Cost is $25, or $15 for attendees of the breakfast seminar. Call Brenda Montgomery at 543-3541.

18. Littler Mendelson Opens Memphis Law Office - Friday, January 20, 2012

Littler Mendelson P.C., the largest labor and employment law firm in the nation representing management, has opened an office in Memphis.

The firm has joined with Memphis labor firm Kiesewetter Wise Kaplan Prather PLC to form one of the largest labor and employment specialty practices in the region. The Memphis office is Littler’s 56th office and its second in Tennessee.

19. Events - Wednesday, November 9, 2011

Talk Shoppe will present “Revocable Living Trust – Death to Probate” Wednesday, Nov. 9, from 9 a.m. to 10 a.m. at the Better Business Bureau, 3693 Tyndale Drive. For more information, call Jo Garner at 482-0354.

20. Events - Tuesday, November 8, 2011

The Memphis Rotary Club will meet Tuesday, Nov. 8, at noon at the University Club of Memphis, 1346 Central Ave. Joan Ferguson, Rotary District 6800 governor, will speak. Cost is $18 per person. For reservations, email Taylor Hughes at taylor@memphisrotary.org.

21. Events - Monday, November 7, 2011

The River City Writers Series at the University of Memphis will welcome author Randall Kenan for two events Monday, Nov. 7, and Tuesday, Nov. 8. Kenan will read from his work Nov. 7 at 8 p.m. in the University Center River Room, room 300, and conduct an interview Nov. 8 at 10:30 a.m. in Patterson Hall, room 456. Both events are free and open to the public. For more information, call 678-4692 or email creativewriting@memphis.edu.

22. Events - Wednesday, August 10, 2011

The Memphis Talent Dividend will hold its report session Wednesday, Aug. 10, from 8:45 a.m. to noon at LeMoyne-Owen College, 807 Walker Ave. Dr. Richard Rhoda, executive director of the Tennessee Higher Education Commission, will discuss issues facing higher education. The MTD was created by Leadership Memphis to raise the college attainment rate in Memphis by 1 percent. The event is free and open to the public. To register, contact Fred Turverey at 278-0016 or fturverey@leadershipmemphis.org.

23. Events - Wednesday, July 20, 2011

Talk Shoppe will present “Your Image of Excellence” Wednesday, July 20, from 9 a.m. to 10 a.m. at the Better Business Bureau, 3693 Tyndale Drive. For more information, call Jo Garner at 482-0354.

24. Events - Tuesday, July 19, 2011

The Memphis Rotary Club will meet Tuesday, July 19, at noon at the University Club of Memphis, 1346 Central Ave. R.C. Johnson, University of Memphis athletic director, will speak. Cost is $18 per person. Advanced reservations are required. For reservations, email Taylor Hughes at taylor@memphisrotary.org.

25. Events - Monday, July 18, 2011

Visible Music College, in partnership with the Cooper Young Business Association, will continue its music series Visible Live Monday, July 18, from 6 p.m. to 8 p.m. at the corner of Cooper Street and Young Avenue. The Sunday Traffic Brass Quintet will perform. The event is free and open to the public.

26. Events - Wednesday, June 22, 2011

The Small Business Chamber Breakfast Club will meet Wednesday, June 22, from 7:30 a.m. to 9 a.m. at Office Suites Plus, 6000 Poplar Ave., suite 250. For more information, call Melody Douglas at 261-5400.

27. Events - Wednesday, February 16, 2011

The Center City Development Corp. will meet Wednesday at 9 a.m. in the CCC conference room, 114 N. Main St.

28. Events - Tuesday, February 15, 2011

The Better Business Bureau of the Mid-South will hold a breakfast forum Tuesday from 7:30 a.m. to 9 a.m. at the BBB of the Mid-South, 3693 Tyndale Drive. The topic is “The Five Things You Absolutely Must Do to Manage Employees Well.” For reservations, contact Nancy Crawford at 757-8627 or ncrawford@bbbmidsouth.org.