WLN News

The company, an entity of Elyria, Ohio-based Invacare Corp., manufactures and distributes non-acute medical equipment such as wheelchairs, hospital beds, mobility scooters, walkers and respiratory therapy products.

Invacare will occupy part of the institutionally owned, multitenant property spanning 24,750 square feet just east of the intersection at Raines and Getwell roads.

Treat Macdonald, partner of Crump Commercial LLC/Corfac International, represented the tenant. Tim Mashburn, senior leasing associate with Colliers International Memphis’ Management Services Office represented the landlord, Boston-based Cabot Properties Inc.

“It’s great that Invacare, a national company, is occupying space in Memphis,” Mashburn said. “It’s good to see quality tenants like that come into the market.”

• In other commercial leasing news, T‘N’T Sound Inc. has inked 7,500 square feet in the old Southern Pipe & Supply Co. building at 1620 Dancy Blvd. in Horn Lake.

The audio specialist was previously in 1,800 square feet at 1731 Dancy Blvd., suite 7.

The Colliers International industrial team of Andy Cates and Preston Thomas represented the local partnership and landlord of the flex warehouse, MAKAW Properties. The tenant was unrepresented.

In addition, Classic Party Rentals Co. has renewed its 135,000-square-foot lease at 3347 Pearson Road.

Classic Party Rentals is a Los Angeles-based event rental company with 30 outlets in 13 states. Its Tennessee locations include one in Memphis and one in Nashville.

Dave Curran, senior vice president of Cushman & Wakefield/Commercial Advisors LLC, represented the tenant. Cates and Thomas represented the landlord, Asheboro, N.C.-based Schwartz Properties LLC.

Also, T-Aerospace LLC renewed its 35,600-square-foot lease at 4048 Senator St.

The small, women-owned/operated company specializes in Federal Aviation Administration aircraft maintenance repair and overhaul.

Cates and Thomas represented the tenant. Mashburn represented the landlord, Cabot Properties.

And in Bartlett, Eagle Vision Inc. renewed its 27,334-square-foot lease at 8500 Wolf Lake Drive, suite 110.

Eagle Vision, which offers dry eye care products for health care professionals, occupies about half of the 47,564-square-foot flex warehouse.

Cates and Thomas handled the deal for building owner Wolf Lake Logistics GP.

“It’s a great deal for the Northeast market to retain a tenant of that size,” Thomas said.

• In other deals, James E. Moore of Krispy Krunchy Chicken has leased 3,600 square feet at 2871 S. Perkins Road.

The national fried chicken chain is relocating from 51 S. Main St., where it was housed for less than a year.

J. Max Hamidi of RE/MAX Elite handled both sides of the deal, including representation of landlord Ziad Ozrail of Kortz LLC.

Krispy Krunchy Chicken celebrated its grand opening Aug. 10, Hamidi said.

Also, Mike Hardin, owner of SurReal Custom Painting tattoo parlor, has inked a 1,200-square-foot lease at 5520 Summer Ave., suite 105.

Hamidi handled the deal, including representation of landlord Mehdi Abesi of Persepolis LLC.

In addition, Rooziman Shah, principal of Chitrali Inc., has signed on for a 30-year lease of the former Mapco Express Inc. gas station at 5211 Poplar Ave.

Shah plans to raze the existing 1,100-square-foot structure and building a new 2,500-square-foot Shell station. Hamidi said he will spend about $850,000 for building and equipment, new tanks and new pumps.

Hamidi brokered the deal for landlords Diana Bagby and Dorothy Waters.

• Meanwhile, Advanced Physical Therapy LLC has signed a five-year lease for 2,400 square feet from Crye-Leike Property Management for its new location at 6399 Goodman Road, suite 108, in Olive Branch.

Jeff Waddell with Crye-Leike Commercial’s Arlington office handled the transaction.

Also, United Credit Corp. of Southaven has inked a five-year lease for 1,680 square feet of office space from Crye-Leike Property Management at 1306 Goodman Road, suite 105, in Southaven.

Waddell represented the tenant. Bert Adcock with Crye-Leike represented the landlord.

• And Resources for Human Development/Memphis SHP began a three-year, 1,200-square-foot lease at 1707 Madison Ave. last week.

The organization is a job re-training nonprofit with a home base in Philadelphia.

Wilson McCloy with Crye-Leike Commercial represented the landlord, Walter Broadfoot. Bert Canfield with Canfield Realty Services represented the tenant.