Posts from November 25th, 2009

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Record 4th Quarter In Sales For Crye-Leike Commercial Memphis Leads To Division's 3rd Best Quarter Ever In Company History

November 25th, 2009 by Anonymous

MEMPHIS, TN., - In the midst of an economic recession and a real estate sales market some call the worst ever - Crye-Leike Commercial Memphis is set to record its 3rd Best Sales & Lease Quarter Ever. Pushing the company's commercial division to this achievement by most accounts is a single purchase transaction representing the Conwood Company, LLC of Memphis valued in excess of $19-million.

"This has been months in the making," said Mack Browder, Senior Broker with Crye-Leike Commercial in Memphis. "The Conwood Company had been looking to acquire a large industrial property and I was thrilled to help company officials find and negotiate the purchase of a new facility at the Chickasaw Industrial Park in Memphis."

The 787,500 square foot Chickasaw facility was owned by an affiliate of JP Morgan Bank and was previously leased to Hewlett Packard. The purchase represents a continued commitment in the MidSouth by the Conwood Compa...

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Categories: Regional News

Tags: Commercial