Posts from June 16th, 2010

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Browder Bets on Market Recovery - Reported By: The Memphis Daily News

June 16th, 2010 by Anonymous

JONATHAN DEVIN | Special to The Daily News

Reading the recovery of the commercial real estate market in the last year has been like picking a horse at the races with largely unknown odds, but Mack Browder is putting his money on an old favorite to pull through in the end.

"The industrial market in Memphis has continued to improve," said Browder, an affiliate broker with Crye-Leike commercial division. "They just announced the lease of about an 800,000 square foot building down on Lamar called the Summit Distribution Center #2. "There's a continuing uptick in activity of people wanting more space," Browder said. "We're feeling real good about the industrial market being in balance here in town."

The expansion lease by Technicolor created about 150 jobs, something market analysts in any major city would be glad to h...

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Categories: Crye-Leike in the News