David Saks: March 2015

David Saks - Real Estate Broker - The Real Estate Mart of Tennessee, Inc. - 4040 North Watkins-Suite #4 - Memphis, Tennessee 38127 - Phone (901) 357-4663

Memphis Market - Commercial Sales

Commercial Sales

 

 

January 2015 commercial sales were down 27% from last year with 74 recorded for the month compared to 101 recorded in January 2014.

 

Average sales prices were up 40% to $2.2M compared to $1.6M resulting in total sales revenue being up 2.6% from last January.

 

Retail (21), Multi-Family (13) and Vacant Land (13) had the most sales recorded for the month.

  

The largest commercial transaction recorded in January was the sale of the Lincoln at Wolfchase Apartments in Cordova for $29.5M.  EBSCO Wolfchase LLC, an affiliate of EBSCO Income Properties LLC purchased the 408-unit complex on January 9th.




David Saks



Time&Temp Memphis

Legal Disclaimer
Please be advised that:

 The information and notices contained in this blog are intended to summarize recent developments and news. The posts are presented as general research and information. These posts are not intended, nor should be regarded, as legal advice. Some blog posts concern allegations made in civil lawsuits and in criminal indictments in United States Courts. All persons are presumed innocent until convicted of a crime and proven guilty. Readers who have particular questions or who believe that they need legal counsel should seek the advice of a qualified attorney. It is neither the editor's or author's intention to create a confidential relationship or any broker-client relationship via communication from this site at any time. Please consult with your state real estate board if questions & answers in the education section conflict with the laws of your region or if you need clarification regarding their applicability or how they may govern the services that you provide.

By entering this web site, you understand the following:
When you select a link to an outside Web site, you are subject to the privacy, copyright, security, and information quality policies of that Web site. David Saks:
1.DOES NOT control or guarantee the accuracy, legality, relevance, timeliness, or completeness of information contained on a linked Web site;
2.DOES NOT endorse linked Web sites, the views they express, or the products/services they offer unless linked web sites, the views they express, or the products/services they offer endorse or support David Saks in accordance with the standards of the Tennessee Real Estate Commission and the Federal Government's laws regarding commerce and the application, solicitation and transmission of internet-related concerns, commerce or social networking;
3.CANNOT authorize the use of copyrighted materials contained in linked Web sites;
4.IS NOT responsible for transmissions users receive from linked Web sites;
5. That DavidSaks.Com is biographical & real estate related. Some links within will leave this site.
6. http://activerain.com/profile/davidsaks is internet-compliant & abides by the rules & regulations of the Tennessee Real Estate Commission, Eve Maxwell, Executive Director.
7. Unless indicated otherwise, ActiveRain does offer listings, or IDX and is provided for licensed salespersons, brokers, buyers & sellers of real property as a community & professional service.
8. David Saks is a retired / licensed real estate broker in the State of Tennessee, license #290452, and an independent contractor.
9. Information is believed to be accurate, but not guaranteed, at any realty link or document connected to the World Wide Web & viewable by anyone connected to the internet who has a web browser.
10. Brokers, buyers, sellers, agents & anyone should independently verify any information prior to submitting any offer to purchase goods & services from any link.
11. Please Visit The American Real Estate Alliance or Memphis.8k.Com for additional information regarding property issues for real estate professionals and consumers.

 

Photos © & Licensed by Nova Development

All Content Protected © 
Before you even think about
committing a real estate crime
click this red button.
Real Estate Crimes

© All Rights Reserved.

 

 

 

 

"Information generated by the Department of Justice is in the public domain and may be reproduced, published or otherwise used without the Department’s permission. Citation to the Department of Justice as the source of the information is appreciated, as appropriate."

Department of Justice Legal Policies


 

  Real Estate Crimes

 

Click "HERE" For Today's Question

 

 

TheListen Now!

David Saks Show

Saturday Nite

9pm-12am Central

University of Memphis

WUMR

 

Support
America's Hobby

Click Elvis

Mr.Saks' participation in ActiveRain ended April 13, 2015.

His blog archives will remain online.

May God bless you.

Comment balloon 2 commentsDavid Saks • March 09 2015 10:39AM
Memphis Market - Commercial Sales
share
Commercial Sales January 2015 commercial sales were down 27% from last year with 74 recorded for the month compared to 101 recorded in January 2014. Average sales prices were up 40% to $2. 2M compared to $1… more
Memphis Market - Home Sales
share
Home Sales Memphis and Shelby County home sales were down 6% in February with 924 sales recorded for the month compared to 980 recorded in February 2014. Average sales prices were up 22% to.. more
Real Estate Practice : Lesson 3980
share
When something has the quality of being of uniform throughout in it's composition or structure or has the quality of being similar or comparable in kind or nature we call it homogenoeous. Land has some of this quality. Land is indestructable… more
Real Estate Practice : Lesson 3979
share
A man is building a deck on the rear patio slab of his new home. He has just purchased the lumber which he needs to build the deck. The lumber has just been delivered by the trucking company and left in the driveway for him. Is the… more
Real Estate Practice : Lesson 3978
share
When considering the concept of real estate, most of the follwing would be included in the sale of a parcel of land except which of the following items 1. Air Rights above the property 2. The rights to the trees 3. The rights to… more
Real Estate Practice - Lesson 3977
share
When a buyer purchases a parcel of land and turns around and negotiates the sale of the oil rights to a petroleum refinery or mineral rights to a mining group what kind of right is the buyer rescinding to the buyer of the mineral or petroleum… more
Real Estate Practice - Lesson 3976
share
A man owns a building in a commercial section of the community. The man has a tenant that rents space in the property that he owns. The tenant operates a beauty parlor. The tenant has installed display shelves. These are fixtures… more
Mortgage Fraud Blog for Wednesday March 4, 2015
share
Mortgage Fraud Blog sends me an update email once per week. The Mortgage Fraud Blog website is updated every business day and you can always get the latest news by visiting www. mortgagefraudblog. com .. more
IRS’s Top Ten Identity Theft Prosecutions
share
IRS’s Top Ten Identity Theft Prosecutions; Part of Ongoing Efforts to Protect Taxpayers, Prevent Refund Fraud IRS YouTube Videos ID Theft: IRS Efforts on Identity Theft: English | Spanish | ASL IRS Identity Theft FAQ: First… more
Real Estate Practice : Lesson 3975
share
A local construction company recently purchased 75 acres of land and decided to build a number of storage facilities on the property for the storage of building matrerials and machinery. What is the most significant and notable condition which… more