Memphis

FDIC Inks 32,000-SF Lease at Lakecrest III

MEMPHIS-The Federal Deposit Insurance Corp. has leased 32,000 square feet at Lakecrest III, a 130,000-square-foot office building at 6060 E. Primacy Parkway in East Memphis. FULL STORY

CBL Drives New Shopping Center Growth With Horizon JV

CHATTANOOGA, TN—CBL pointed to Horizon Group as a strong partner, and one that will bring additional opportunities for new outlet projects. FULL STORY

QVT Mount Auburn Capital Pockets Villas at Cordova for $19M

MEMPHIS-Memphis Daily News reported that the Villas at Cordova apartment complex has recently changed hands $19.3 million. FULL STORY

Sentinel Picks Up Colonnade at Germantown for $23M

GERMANTOWN, TN-New York-based Sentinel Real Estate Corp., functioning as VA Germantown LLC, has bought the Colonnade at Germantown, a 252-unit apartment community at 7491 Wyndhurst Place in Germantown, at an auction for $23.1 million. FULL STORY

Freestanding Grocery Store Trades for $5M

KNOXVILLE, TN-Bull Realty's Nancy Miller tells GlobeSt.com's Jennifer LeClaire this store has proven particularly popular among the residents. FULL STORY

Hertz Buys Memphis Office Buildings from Parkway Properties

MEMPHIS-Santa Monica, California-based Hertz Investment Group has acquired 13 commercial properties as well as a parking lot from Parkway Properties Inc. FULL STORY