MBJ: Aerotropolis Development Site Marketed for Sale

A 113-acre site that once was home to the Mall of Memphis is back on the market.

Commercial Advisors LLC brokers Dave Curran and Matt Weathersby, who are listing the property for an asking price of $3.95 million, see it as a prime location for Memphis’ next big industrial user.

Memphis Mall Holdings LLC, an entity of Lehman Brothers Holdings Inc., owns the property at the southwest corner of Perkins and Interstate 240, but has had it off the market for the past two years.

“They’re a motivated seller looking to get something done,” Weathersby says.

Read more: Mall of Memphis marketed for sale | Memphis Business Journal

MBJ Article: Lifeblood Merges Germantown & Collierville Facilities

The new facility will be located at 2095 Exeter Road. Larry Jensen and Matt Weathersby represented Lifeblood in the transaction, using advanced mapping techniques to identify the best location for their operation. According to the MBJ "The new facility, which will open in February, will be about 3,200 square feet and allow Lifeblood to better serve a market where more than 22 percent of its total donors live. Lifeblood, a not-for-profit blood donor and research organization, has an estimated 35,000 active donors in its service area, which extends to Tipton County, North Mississippi and East Arkansas."

Read more: Lifeblood caters to donors by merging Collierville, Germantown facilities in larger space | Memphis Business Journal

Planning Begins on Third Bridge

TDOT has begun a study to examine building a third bridge across the Mississippi River and improve transportation in the tri-state area. They are calling it the Southern Gateway Project, and it is being developed through a collaborative effort amongst TDOT, Arkansas State Highway and Transportation Department (AHTD), MDOT, Memphis and West Memphis Metropolitan Planning Organizations (MPOs), and the Federal Highway Administration (FHWA). To learn more you can visit the project website here.

New C&W Webinar - Recovery: Fact or Fiction

Cushman & Wakefield is pleased to invite you to our webinar focusing on current market conditions, trends and forecasts for the office and industrial markets.



Glenn Rufrano, CEO, Cushman & Wakefield, Inc.
Maria Sicola, Head of Americas Research
Ken McCarthy, Senior Economist
Jim Dieter, EVP of Industrial Operations

These presenters will provide a comprehensive overview of current trends and, more importantly, Cushman & Wakefield’s outlook for 2011. Don’t miss this excellent opportunity to gain a deeper understanding of the U.S. office and industrial market.

The webinar will be hosted on Thursday, October 21st at 11:00 am EDT

To register for the webinar please click the following-
https://cushwake.webex.com/cushwake/onstage/g.php?t=a&d=554606737
Dial in: (866) 832-9927; Passcode: 11926925

The session should last approximately one hour. For those unable to attend, a recording will be available in C&W’s Knowledge Center following the Webinar.

USAA Purchases Chickasaw D & G

Commercial Advisors LLC Executive Vice President Wyatt Aiken and Senior Vice President Dave Curran represented JP Morgan (the seller), in cooperation with Stewart Calhoun and David Meline, executive directors with Cushman & Wakefield in Atlanta.

Read the MBJ Story

Jeb Fields - Top 40 Material

Congratulations to Jeb Fields, Vice President with Commercial Advisors, on being named to the Memphis Business Journal's Top 40 Under 40 class of 2010. Over the past six years Jeb’s dedication to his work has been recognized not only by his clients but by Commercial Advisors and his commercial real estate peers. In 2007 he was promoted from Associate Broker to Vice President. In October of 2007, he earned a Certified Commercial Investment Member (CCIM) designation. That same year he was recognized with a MAAR Pinnacle Award, a prestigious award given annually to the top 25 brokers in Memphis. In 2008 he was featured in the Profile section of the Memphis Business Journal. In 2009 he was elected to the MAAR Commercial Council Board of Directors, and in 2010 he became President of the Memphis Metro CCIM.

A lifelong Memphian, Jeb has a heart for the local community. He is very active in the Blue Streak Scholarship Fund, a non-profit organization devoted to giving inner-city Memphis children the benefit of a private Catholic education through the Jubilee Schools of Memphis. He served as President in 2009 and has been on the Board of Directors for six years running. In 2005 he co-founded the annual Taste of Jubilee fundraiser which has grown to become the top fundraiser for the Jubilee Schools, netting $70,000 in 2009 alone.

In addition to Blue Streak, Jeb has devoted his time to countless other areas of our community. He served on the Orpheum Advisory Board, was in the NEXUS Protégé Class of 2008, served as logistics chair of the Starry Nights Committee in 2009, was a Commercial Appeal Young Leaders participant, is a 2010 Leadership Academy Fellow, and a former board member of the Boys and Girls Club of Hickory Hill. He, along with several other peers, took an active role in a Cooper Young neighborhood cleanup day, receiving recognition from the Commercial Appeal for his efforts. He is also a supporter of St. Jude, annually raising money as a St. Jude Hero on the Memphians for St. Jude racing team.

Memphis is Hot!

If you missed the article in last Monday’s Commercial Appeal, “Hot Property-Entertainment world wants a piece of Memphis cool vibe, heritage”, it is attached for review. On TV, on Broadway, in movies, in music the “Memphis” is a hot property. The outsiders looking in believe Memphis has authenticity and creativity that comes from a city which suffers from an inferiority complex which needs to cease……

Read the article here.