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Real Estate & Construction

Crye-Leike Inc. celebrated top-five national ranking

Crye-Leike, Inc. is now ranked as the fifth largest independently-owned real estate firm in the nation, according to the 2017 REAL Trends 500 ranking based on Crye-Leike’s 2016 sales results. Established in 1977 in Memphis, Crye-Leike began expanding in 1992, and now operates in nine states, including Mississippi, where it has a regional office in Jackson. Crye-Leike’s more than 3,100 ...

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Preleasing pumping life into District Lofts complex

By JACK WEATHERLY Driving past the District at Eastover motorists on Interstate 55 get a two-dimensional picture of the Lofts, which provides a backdrop for the mixed-used project. But the interior courtyards of The District Lofts cannot be seen from the interstate. They create the depth, “the third dimension,” of the six-story, 261-unit building. And preleasing, 77 units as of ...

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COMMERCIAL FINANCE 701 — The powerless power of attorney

The long-awaited closing date on the $21.5million commercial construction loan is finally here.  Construction projects involve numerous moving parts. By the time a loan closing occurs, the out-of-pocket developer on the project awaits a hefty advance. The borrower, a Mississippi limited liability company, has two members – one of whom serves as the managing member.  The managing member is present ...

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Burch appointed president at White Construction Co.

Steve Burch has been appointed President of White Construction Co. in Ridgeland. Since joining White Construction Company in 1994 as a Project Manager, Burch has been instrumental in projects and process improvements. Burch personally managed White Construction Co. projects for retail and corporate giants such Dell, Whole Foods Markets, and National Instruments. As Senior Vice President of Operations, beginning in ...

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Feds OK rehab for hotel in historic Art Deco building

The federal government has OK’d plans to turn an Art Deco landmark in central Mississippi into a hotel. The Meridian Star reports that the National Parks Service has approved plans to rehabilitate the 16-story Threefoot Building, completed in 1929 and named for the family that once owned it. It is still Meridian’s tallest building. The application had been held up ...

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Burch appointed president at White Construction Co.

Steve Burch has been appointed President of White Construction Co. in Ridgeland. Since joining White Construction Company in 1994 as a Project Manager, Burch has been instrumental in projects and process improvements. Burch personally managed White Construction Co. projects for retail and corporate giants such Dell, Whole Foods Markets, and National Instruments. As Senior Vice President of Operations, beginning in 2007, he focused on systemizing ...

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Retail center proposed for West Main in Tupelo

By DENNIS SEID / Daily Journal TUPELO – A 23,000-square-foot commercial retail center has been proposed at 1507 W. Main Street, where a former Bumpers Drive-In was located. The development is being leased by Kiamie Real Estate in Oxford. “The project’s idea comes from a long-standing client of ours, Jackie’s International,” said Brian Carpenter, broker/associate with Kiamie. “They’ve been looking ...

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Jones is Goodwill agent

Kenneth Jones of Coldwell Banker Commercial Alfonso Realty, Inc., has been selected as the Exclusive Agent to represent Goodwill Industries of South Mississippi, Inc. Goodwill Industries of South Mississippi, Inc. currently has 13 retail locations on the Mississippi Gulf Coast.

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Township at Colony Park to build penultimate phase

By JACK WEATHERLY Kerioth Corp. is planning to add two hotels and a conference center as one of the last two phases of The Township at Colony Park. And latest aspect of the mixed-use development in Ridgeland will be in keeping with the upscale nature of the project that began 2003, said Kerioth President and Chief Executive Clint Herring. Two ...

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