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Editorial Results (free)

1. Belz Sells Champion Hills Office Building for $7.8M -

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.

2. Two Warehouses Acquired in Major National Deal -

Denver-based Northstar Commercial Partners, a privately held commercial real estate investment company, purchased two warehouse storage facilities in south Memphis for $5.2 million, according to a special warranty deed signed Sept. 29.

3. Two Warehouses Acquired In Major National Deal -

Denver-based Northstar Commercial Partners, a privately held commercial real estate investment company, purchased two warehouse storage facilities in south Memphis for $5.2 million, according to a special warranty deed signed Sept. 29.

4. LGSTX Services Expands Local Warehouse -

LGSTX Services Inc. is relocating and expanding its Memphis warehouse operations. The Wilmington, Ohio-based firm, which specializes in aviation support and facility services, has leased 184,680 square feet across two facilities in the Southwide Distribution area at 363 Burma Road and 410 Burma Road.

5. Mitsubishi Chem Subsidiary Files Permit App for HQ -

2665 Fite Road
Memphis, TN 38127

Permit Cost: $8.2 million

Permit Date: Applied March 2012

6. Logistics Team Buys Delp St. Warehouse -

Logistics Team, a third-party logistics firm based near Los Angeles, has bought a 95,000-square-foot warehouse at 4444 Delp St. for $1.7 million.

7. Menlo Deal Tops Noteworthy Leases -

The Daily News in September launched a new weekly column called “Inked” to spotlight Memphis’ commercial leasing landscape.

Despite tough times, local commercial real estate firms were able to ink plenty of deals in the past four months. Here’s a rundown of some of the most noteworthy commercial leases since Inked’s debut:

8. Colliers Sells Property to Union Forklift -

Colliers International recently sold an 18,750-square-foot building in the Perimeter Point Business Park, 2188 Spicer Cove.

9. California-Based Silagi Moves Into Memphis Industrial Market -

363-410 Burma Road
Memphis, TN 38106
Sale Amount: $3.5 million

Sale Date: June 28, 2006

Buyer: 363-410 Burma LLC