{"id":1004097517,"date":"2014-05-30T13:01:32","date_gmt":"2014-05-30T21:01:32","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=265646"},"modified":"2025-02-19T05:56:58","modified_gmt":"2025-02-19T13:56:58","slug":"michael-lightman-realty-builds-7m-retail-center-in-olive-branch-bartlett-warehouse-sold-for-2-2m","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/michael-lightman-realty-builds-7m-retail-center-in-olive-branch-bartlett-warehouse-sold-for-2-2m\/","title":{"rendered":"Michael Lightman Realty Builds $7M Retail Center in Olive Branch; Bartlett Warehouse Sold for $2.2M"},"content":{"rendered":"

By Eliza Theiss, Associate Editor<\/em><\/p>\n

Oliver Branch is set for a new shopping center courtesy of Michael Lightman Realty Co., reported the Memphis Business Journal<\/em>.<\/a> Ground will be broken on the new retail facility within the next 30 days on Goodman Road, near the recently opened 12-screen Malco theater. Dubbed the Malco Collection, the 31,000-square-foot facility is expected to open in spring 2015 and will feature upscale retailers.<\/p>\n

According to the Memphis Business Journal<\/em><\/a>, the developer initially planned a smaller, 5,500-square-foot stand-alone speculative retail development. The area has seen a flurry of activity recently, with the opening of the brand-new Malco theatre and a new 4,500-square-foot Corky\u2019s restaurant. Developer Michael Lightman Realty Co. has also recently embarked on a $35 million expansion of the 901-unit Fieldstone Apartments (detail here<\/em><\/a>).<\/p>\n

\"\"<\/a>In other news, Titan Investment Group Inc., an affiliate of Titan Medical Manufacturing LLC, has acquired a Bartlett warehouse for $2.2 million, reports The Memphis Daily News<\/em><\/a>. The entity purchased the 50,635-square-foot warehouse from Radian Inc. affiliate JSR Properties LLC, which paid $442,000 for the property a decade ago. The buyer filed a $2.5 million deed of trust through Renasant Bank in conjunction with the purchase.<\/p>\n

Located at 750 Bartlett Corporate Drive, the Class A industrial facility was built in 2004. It sits on 3.1 acres. According to real estate website propertyshark.com<\/a>, <\/em>the property\u2019s 2013 market value was a little over $2.43 million.<\/p>\n

Image via Google Maps<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Oliver Branch is set for a new shopping center, courtesy of Michael Lightman Realty Co<\/p>\n","protected":false},"author":49,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21742],"tags":[1815],"class_list":["post-1004097517","post","type-post","status-publish","format-standard","hentry","category-latest","tag-national"],"acf":[],"yoast_head":"\nMichael Lightman Realty Builds $7M Retail Center in Olive Branch; Bartlett Warehouse Sold for $2.2M - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/michael-lightman-realty-builds-7m-retail-center-in-olive-branch-bartlett-warehouse-sold-for-2-2m\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Michael Lightman Realty Builds $7M Retail Center in Olive Branch; 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