Technicolor Building News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Share Rye Brook, NY-based LRC Properties has acquired a 1,115,269 s/f industrial portfolio in Memphis for $57 million. The portfolio comprises three buildings located at 3530 East Raines Road, 5510 East Holmes Road and 5540 East Holmes Road. It is the second major purchase LRC Properties has made in Memphis and follows its recent purchase of the Technicolor Building at 4925 Southridge Blvd in December 2020. The acquisition was completed via a joint venture with funds managed by Miami-based Rialto Capital Management. The properties are currently fully occupied by Geodis Logistics and D...

New York investor expands southeastern holdings to six million s/f in $30M JV with Machine Investment Group.

New York real estate company makes first purchase in Nashville market

••• LRC Properties has purchased 4926 Southridge Blvd. in Memphis. The 640,000 s/f building, also known as the Technicolor Building, is LRC Properties’ first property in the Memphis, TN, marketplace. Brian Califf of NAI Saig Company brokered the sale. LRC Properties owns approximately four million square feet of commercial properties in the Southeast. ANDREW LICHTENSTEIN ••• LichtensteinRE announced the sale of Congers Colonial Plaza Shopping Center located at 285 North Route 303 in Congers, New York, for $4 million. Andrew Lichtenstein represented the seller and negotiat...