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Posts Tagged ‘commercial real estate’

2nd Qtr 2013 Commercial Market Trends

July 12th, 2013 Comments off

Commercial Market Conditions - Shelby CountyOur 2nd Quarter 2013 Commercial Market Trends Reports are now available for download! Review all commercial sales and foreclosure activity in Memphis and Shelby County by zip code.

Reports include:

  • Commercial Foreclosures by Zip Code
  • Commercial Sales by Property Groups
  • Commercial Sales by Property Type
  • Commercial Sales by Zip Code – Bank v. Non-Bank
  • Commercial Sales by Property Type – Bank v. Non-Bank
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    Click here to download today!

    Shelby County’s Top 5 Commercial Sales of 2012

    January 30th, 2013 Comments off

    Commercial sales were up 2.5% from 2011 with 743 sales recorded. Total sales revenue was up 36% from last year with $1 billion in sales compared to $799 million in 2011.

    Following are the top 5 commercial transactions:

    4660 Collierville Rd , 38017 on May 8, 2012 for $54,000,000-Carriage Avenue Shopping Center

     

    Property Photo

    4500 Quality Dr, 38118 on July 9, 2012 for $37,250,000-Lots 4-10 in Southpark Distribution Center

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    6750 Poplar Ave, 38138 on March 23, 2012 for $33,000,000-Office Building

    Property Photo

    160 Madison Farms, 38017 on June 20, 2012 for $32,100,000-The Madison at Schilling Farms Apartments

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    8840 Bristol Park Dr, 38133 on June 14, 2012 for $29,985,375-The Legends at Wolfchase Apartments

     

    Property Photo

    May 2010 Commercial Sales Recap

    July 2nd, 2010 Comments off

    43 commercial property sales were recorded for May in Shelby County, up 2% from 2009.

    Average sales prices were $494,421, down 27% from the prior year.

    The largest commercial property sale was the Hampton Inn located at 1280 West Poplar in Collierville. SGR LLC purchased the property from Collierville Hotels GP on May 11, 2010 for $5,050,000.

    Join us Thursday, July 29th from 11:30AM-12:30PM to review 2Q10 commercial market trends and listen to guest speaker Joseph Steffner, President  of Grubb & Ellis Memphis provide details on the state of Shelby County’s commercial real estate market. Cost is $20/person and includes a boxed lunch, copy of the presentation as well our updated market trend reports. Click here to register.

    Read the latest article on the commercial market from The Daily News Online here.