Commercial Real Estate Direct Staff Report Gulf Coast Commercial Group has paid $49.1 million, or $126/sf, for the Eastgate Shopping Center, a 388,489-square-foot retail property in Memphis, Tenn. The Houston developer bought the 58-year-old property, on a 32-acre parcel at ...
The hottest industrial markets in the country might see a softening in the years to come as tenants seek areas where rents are cheaper and space is more abundant. That's according to Capital Economics, which only recently broadened its research ...
Berkadia has arranged a $45 million Fannie Mae loan against the Residences at Lakeview, an 827-unit apartment property in Memphis, Tenn. The 53-year-old property, at 2774 South Mendenhall Road, is owned by a venture of Atlas Real Estate Partners of ...
Industrial Logistics Properties Trust has paid $100 million for a portfolio of three industrial properties with 1.29 million square feet in the Memphis, Tenn., area. The Newton, Mass., REIT, which is managed by RMR Group, bought the three buildings from ...
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