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VOL. 126 | NO. 221 | Friday, November 11, 2011

Sarah Baker

SEND COMMERCIAL LEASE ANNOUNCEMENTS to Sarah Baker, who can be reached at 521-2464 or sbaker@memphisdailynews.com.

Union Holiday Deli & Ham Adds Drive-Thru, Parking

By Sarah Baker

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Holiday Deli & Ham Co. is in the midst of adding parking and a drive-thru to its high-volume Midtown store.

Loeb Bros Realty LP, an entity of Loeb Properties Inc. and owner of the deli’s space at 2087 Union Ave., has purchased the adjacent property at 2091 Union Ave. for $250,000 from Steven M. Seyer, according to the Shelby County Register of Deeds’ Office.

Loeb will demolish the site at 2091 Union, which formerly housed Bella House of Fine Cabinetry, said Matt Prince, Loeb’s senior vice president of brokerage and development, who brokered the deal on behalf of the landlord. The tenant was unrepresented in the deal.

Holiday Deli & Ham is owned by Trey Jordan and his father, L. Donald Jordan Jr., of Jordan Enterprises. The Memphis-based firm opened the first deli location in East Memphis’ Erin Way Shopping Center in the mid-1990s.

The Midtown location opened in 2007, bringing Holiday Deli & Ham’s Memphis-area presence to four, in addition to one in Knoxville that operates under the name Pimento’s Café & Market.

This endeavor will not only be Holiday Deli & Ham’s first store with a drive-thru offering, but also will greatly enhance ingress and egress.

“Trey Jordan needed additional parking,” Prince said. “The reality of it was that he could fill all his parking spaces plus the adjacent street parking, and not have a 100 percent occupied restaurant, and so there was a great need for additional parking. The site became available immediately to his east and we purchased it. And that will increase his parking by 15 additional spaces.”

Demolition will begin within the next two to three weeks, Prince said.

• In other commercial leasing news, F. Ford Beach Jr., principal broker of Beach Investment, has represented a trio of retail deals in Bartlett in recent weeks.

Tex-Mex restaurant El Vaquero has signed a 3,477-square-foot lease in Parkside Gallery, 2731 Bartlett Blvd.

The restaurant is part of the family-owned Mexican restaurants of El Sombrero in Horn Lake as well as one in Springfield, Miss. Beach represented the proprietor and master chef, Juan Huerta, as well as the landlord in the leasing negotiations.

Parkside Gallery is home to the tenants of Pizzazz Beauty Salon, Don-Dons Hot Wings and Money-Co Taxes, “with a few new tenants forthcoming in the endcap of the center in the next few months,” Beach said.

El Vaquero will have a grand opening within the next two to three weeks.

In addition, NuLife Fitness, a zumba and dance studio, has signed a 1,658-square-foot lease in Wolf Run Center, 8000 U.S. 64, next to Pump It Up.

Beach was the only agent involved in the deal, and said the tenant will be open for business by the end of November.

And Baby Jacks BBQ, a new drive-thru, take-out and sit-down restaurant, has signed a 1,850-square-foot lease in freestanding space that last sheltered Starbucks, across from Appling Crossing, 7610 U.S. 70.

Beach represented the owner of the new venture, the grandson of the founder of Whitt’s Barbecue, a 48-unit chain across the Southeast that specializes in a vinegar-based barbecue sauce.

Tyler Tapley, associate with CB Richard Ellis Memphis, represented the landlord.

• In another deal, Atomic Graphics has relocated its retail and office operations to 3,613 square feet in the lobby of Clark Tower, 5100 Poplar Ave., after more than 22 years on Park Avenue.

Atomic Graphics – formerly Sir Speedy Printing – is owned by Cathy Campochiaro, president and CEO, and her husband, David. The local company provides printing and copying services, along with graphic design, logo creation, promotional products and more.

“It’s a fresh, new start for us,” Campochiaro said in a statement. “We have a great retail presence and enough space for our managers, designers and salespeople. We’re adding a sign on the façade of the building and we have front-door parking.”

Dede Malmo, president of MalmoMemphis Real Estate Inc., represented the tenant.

“Clark Tower fits them like a glove,” Malmo said. “They’ll be a new amenity for other tenants in the building, and they’ll generate business from the building. It’s definitely a win-win situation for both the landlord and Atomic Graphics.”

Frazier Baker, director of leasing for In-Rel Properties Inc. and owner of Clark Tower, represented the landlord.

“They are perfect for our lobby,” Baker said. “They add to Clark Tower’s already un-matched list of tenant amenities.”

RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 57 280 1,209
MORTGAGES 55 244 916
FORECLOSURE NOTICES 8 52 151
BUILDING PERMITS 158 699 2,751
BANKRUPTCIES 37 157 618
BUSINESS LICENSES 12 77 276
UTILITY CONNECTIONS 0 0 0
MARRIAGE LICENSES 0 0 0