Memphis
Columbia, Memphis Properties in $67M Multifamily Portfolio Buy
Colliers has arranged the $66.9 million acquisition and repositioning financing for a six-property, 933-unit multifamily portfolio located across Columbia, SC… Read more
Robinson Weeks Launches Third Spec Industrial Project in Memphis
Robinson Weeks Partners has begun construction on a speculative distribution facility in Memphis, TN. The 234,360-square-foot single-load development, Southridge Crossing,… Read more
Xcite Capital Wins Investor Battle for $18M Multifamily in Columbia
Marcus & Millichap has arranged the $17.5-million sale of Land Bank Lofts, a 113-unit apartment property in Columbia, SC. Drew… Read more
Newmark Promotes Three Texas-Based Specialty Practice Group Professionals
Newmark has promoted three Texas-based specialty practice group members. Kenneth Cox, Taucha Hogue and Sarah Anderson, were promoted to Vice… Read more
Newmark’s Student Housing Group Closes Sale of 4-Property Portfolio
Newmark arranged the sale of a four-property portfolio of mid-rise student housing properties totaling 1,441 beds. The newly constructed core… Read more
Brand Real Estate Services Adds Smith, Getz to Senior Executive Positions
Brand Real Estate Services has added Brian Smith as EVP, leasing and development and Miller Getz as EVP, property management… Read more
Plymouth Industrial REIT Acquires Interest in Memphis Portfolio for $103M
Boston-based Plymouth Industrial REIT, Inc., has acquired Madison International Realty’s 80% interest in Plymouth MIR JV LLC, a joint venture… Read more
$103M: Price to Acquire Interest in 28-Property Memphis Industrial Portfolio
A Boston company now owns a footprint of 4.7 million square feet of industrial space in Memphis, TN following its… Read more
Drapac Sells Memphis Development Site for $3M to House $65M Mixed-Use
Australia-based Drapac Capital Partners has sold 509 S. B.B. King Boulevard in Memphis’s South Main Historic District to developer Capital… Read more
Stan Johnson Completes $21M Sale of Single-Tenant Distribution Facility in Grenada
Stan Johnson Company has finalized the $21.3-million sale of a single-tenant industrial facility leased to Advanced Distributors Products in Grenada,… Read more
Equus Gallops Away with Two Memphis Industrial Assets, Eight in Greensboro
Equus Capital Partners, Ltd., has acquired a 10-property, 1.7-million-square-foot industrial portfolio. George Haines, Tim Feron, Laura Brestelli, Peter Shatz, and… Read more
Record 2021 Cross-Border Investments in U.S. Industrial Real Estate Assets, JLL Expects Continued Strong Foreign Interest
With more than $143 billion in transactions, investor demand in industrial assets in the U.S. soared to new heights in… Read more
PGIM Chips in $85M Loan for 140-Building Industrial Portfolio
PGIM Real Estate recently provided an $85 million supplemental loan on behalf of its U.S. core strategy to DRA Advisors… Read more
MA’s Industrial Logistics Looks South, Buys Memphis Portfolio for $100M
Newton, MA-based Industrial Logistics Properties Trust, managed by The RMR Group, has purchased three industrial properties in the Memphis, TN,… Read more
Mapletree Expands U.S. Logistics Holdings with $3B of Acquisitions
Singapore-based Mapletree Investments Pte Ltd has acquired two portfolios of U.S. logistics assets encompassing 141 income-producing assets for a total of approximately US$3 billion. The company… Read more
Berkadia Brokers Sale of 1002-Unit Memphis Apartments
Berkadia has arranged the sale of Waterview Apartment Homes, a 1,002-unit apartment community in Southeast Memphis, TN. The sales price… Read more
CushWake Secures $38M Acquisition Loan for Memphis Industrial Portfolio
Cushman & Wakefield has arranged a $38.3 million acquisition loan for a three-building, 1.1 million-square-foot industrial portfolio in Memphis, TN.… Read more
JLL Brokers Sale of 328K-SF Distribution Facility Near Memphis
JLL has arranged the sale of DeSoto A2, a 328,355-square-foot, newly-constructed bulk distribution facility in the suburban Memphis community of… Read more
Multifamily REITs Independence, Steadfast Strike $7B Merger Agreement
Independence Realty Trust, Inc. (IRT) and Steadfast Apartment REIT, Inc. (STAR) said Monday afternoon that they had agreed to merge, with… Read more