Memphis (No longer used)
MVP REIT Picks Up Net-Leased Downtowm Parking for $5.8M
MVP REIT Inc., a Las Vegas-based hybrid REIT has recently acquired two downtown Memphis parking facilities along with a facility located in downtown Kansas City, MO for $5.8 million.
Globus Partners Applies for Permit to Build $5M Hilton Garden Inn in Memphis
It looks like the Greater Memphis Area might be getting its second Hilton Garden Inn hotel.
Apartment Property in Downtown Memphis Sold for $43.6M; East Memphis Marriott Picked Up for $4.2M
Riverset, a 500-unit apartment community on Memphis’ Mud Island has just sold in a rare deal for the downtown Memphis apartment market.
Memphis to Build Green Lanes; Student Hall Silver LEED Certified
It has been a great week for Memphis green initiatives. One of the biggest news for those with environmentally friendly mindset, was Memphis Mayor AC Wharton’s announcing plans to implement a network of protected bike lanes in Memphis as part of the city’s commitment to the Green Lane Project.
Community College Breaks Ground on 37KSF Facility; Hyatt Place Germantown Sold for $11M
Northwest Mississippi Community College is keeping up with the Mid-South’s increase in manufacturing operations by the addition of a new Mechanical Technology Building, as part of the college’s Career-Technical facilities.
Fieldstone Apartments Prepares for Phase Three; International Paper Sells Three Mills
By Eliza Theiss, Associate Editor Developers are preparing to break ground on Fieldstone Apartments’ third phase, reports The Memphis Daily News. Working under the name Fieldstone Apartments III Co., developers filed a $7.5 million building permit application with the city/county Office of Construction Code Enforcement. Fieldstone’s third phase will consist of 102 garden-style apartments and […]
Monmouth Acquires $16.2M Industrial Facility; Mall of Memphis Site Goes Industrial
By Eliza Theiss, Associate Editor Freehold, N.J.-based Monmouth Real Estate Investment Corp. has purchased a 234,660-square-foot industrial facility in Olive Branch’s Metro Industrial Park for $16.2 million, reports the Memphis Business Journal. The Class A, built-to-suit facility located at 8644 Polk Lane is near another building owned by Monmouth that is currently under a 10-year […]
Southern College of Optometry Announces $9.4 M Expansion
By Eliza Theiss, Associate Editor Southern College of Optometry (SCO) has announced a $9.4 million plan to add a new building to its midtown campus. The project will be college’s most ambitious undertaking since The Eye Center, a state-of-the-art eye-care clinic that opened in 2002. The new 23,016-square-foot facility will be located behind the 11-story […]
Dogwood Creek Sells for $26 Million; Hunters Trace Apartments Financed for $11 Million
By Eliza Theiss, Associate Editor New York-based Somerset Partners LLC has purchased Dogwood Creek, a 278-unit apartment community on Houston Levee Road in Collierville. G & I V Dogwood Creek LLC, a joint venture between Fogelman Venture Partners of Memphis and a fund managed by New-York-based DRA Advisors LLC, sold the community at a rate […]
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