Crye-Leike Insights

Memphis, Tenn: Crye-Leike Real Estate Services announces that Jaime Henson, a commercial broker with Crye-Leike Commercial Memphis, closed a record sale in the midst of the COVID-19 pandemic. Henson represented a buyer in the acquisition of a $10.5 million warehouse located on the opposite end of the state. With respect to the confidentiality of the private buyer and seller, the details of the transaction are not available at this time. After joining Crye-Leike in 2018 selling residential homes, Henson learned very quickly that she preferred the business side of real estate, while working for a buyer on a historical property sale. She refocused her brokerage practice to 100 percent commercial real estate in 2019, and she has now set a career milestone with this $10.5 million deal. "In July of 2020, I was given the assignment to represent a national buyer locating an industrial warehouse with instructions that it must be closed by Dec 31st," said Henson. "Considering the low inventory of distribution warehouses due to the spring tornadoes that ripped through Middle Tennessee, and the surge of e-commerce companies buying up warehouses, I knew I was in for a challenge; not to mention the time constraint of getting a deal done in six months." After putting in countless hours of work, Henson was able to find the ideal location for her buyer, with the sellers representation by Bart Hardison and Michael Reid, Newmark Knight Frank. "We toured several warehouses in both Middle Tennessee and East Tennessee," said Henson. "Ultimately, we found a 245,000 square foot industrial warehouse that was actually not even on the market for sale. After working diligently with the owner's agents, were able to get a deal done." Henson specializes in the sale and lease of industrial warehouses, flex spaces and office buildings. Henson is a licensed broker in Tennessee and Mississippi, and she is a member of the Memphis Area Association of REALTORS (MAAR), the Tennessee Association of REALTORS (TAR) and National Association of REALTORS (NAR). For more information regarding commercial real estate services in and around West Tennessee, please visit the Crye-Leike Commercial Memphis branch office, located at 6525 Quail Hollow Road, Suite 401, Memphis, TN. Commercial Broker Jaime Hanson may be reached at (901) 691-1849, or via email at jaime.henson@crye-leike.com.   ABOUT CRYE-LEIKE: Crye-Leike Real Estate Services (www.clhomes.com), a full service real estate company for over 40 years, is ranked as the third largest independently-owned real estate firm in the nation and the largest serving Tennessee, Arkansas, Mississippi and the Mid-South. Crye-Leike has more than 3,200 sales associates, over 800 employees and 140+ company-owned and franchise offices spread across nine states. It generated $7.5 billion in sales and had 31,578 closed transaction sides corporate wide in 2020, making it the company's most successful year to date.

Brentwood, TN: Crye-Leike Real Estate Services announces that Dayna Reid is now affiliated with Crye-Leike Commercial's Brentwood office as an affiliate broker. Reid will serve the commercial real estate needs of buyers, sellers, investors, operating companies and non-profit organizations throughout Middle Tennessee. Reid worked in the commercial banking industry for 18 years before making the change to commercial real estate. During that time, she handled lending for clients, which required a great deal of professionalism, effective communication and relationship building. Making the transition into commercial real estate, Reid looks forward to using her experiences to become an asset to Crye-Leike Commercial and the Middle Tennessee communities. "Similar to commercial banking, commercial real estate allows me to have a meaningful impact in our community," said Reid. "This job is all about creating an unforgettable client experience, and I look forward to my future in this industry," For more information regarding commercial real estate, please visit Crye-Leike Commercial, located at 5111 Maryland Way, or visit the Crye-Leike website at www.crye-leike.com. Affiliate Broker Dayna Reid may be reached at (615) 714-8089, or via email at dayna.reid@crye-leike.com. ABOUT CRYE-LEIKE: Crye-Leike Real Estate Services (www.crye-leike.com), a full service real estate company for over 40 years, is ranked as the third largest independently owned real estate firm in the nation and the largest serving Tennessee, Arkansas, Mississippi and the Mid-South. Crye-Leike has more than 3,200 sales associates, over 800 employees and 140+ company-owned and franchise offices spread across nine states. It generated $6.5 billion in sales volume and 29,925 closed transaction sides corporate wide in 2019 - its biggest year ever - and is on track to achieve the companys goal of $6.8 billion in sales volume this year.  

COOKEVILLE, TN., - The Cookeville/Cumberland region has not been immune to the global economic and real estate market downturn. With the start of a new year, several indicators point to improving conditions for real estate values and investment opportunities across the region. One of those 'positive signs' is a decision by the state's largest real estate firm, Crye-Leike, REALTORS, to launch a new Commercial Division based out of Cookeville, Tennessee. "Crye-Leike Commercial has placed great confidence in the Cookeville-Middle Tennessee market." said Bill Monday, Managing Broker of Crye-Leike Commercial, Cookeville. "Our company is putting its money where its mouth is based on many positive indicators on the outlook for the region and commercial real estate as a good investment." According to Monday, Cookeville is ranked #1 as the strongest Micropolitan area in the state - where economic growth has historically been steady and healthy. Micropolitan is a term used for a community that is too urban to be called rural and too rural to be called urban. In essence - Cookeville is the ?mother town' of the region. "The Tennessee Valley Authority forecasts that more than 45% of the population of the US will be living in the southeast within the next 20 years and Cookeville is smack in the middle," said Monday. "TVA anticipates increasing production capacity by 30 percent within the next ten years and the 'Cookeville Trade Area' is in the eye of a fruitful storm as I see it." Monday points to the arrival of Volkswagen to Chattanooga, Hemlock Semiconductor to Clarksville and Wacker Chemie to the Cleveland area - as more evidence of positive indicators for the region. He sees Cookeville at an intersection at the center of the state's recent business development - along the Interstate 40 corridor - with the opportunity to benefit through increased retail and commercial real estate activity. "There's already proof of this in the number of annual visitors to the area's great natural resources, lakes, parks and recreation areas," said Monday. "Existing businesses can also attest to this as both the Cookeville restaurants O'Charley's and Cheddars rank as #1 stores for their respective chains and the city's Krystals, Lowes, Walgreens and Wal- Mart retail outlets are also top ranked stores in sales." The new Crye-Leike Commercial, Cookeville division already includes four licensed Business Brokers offering auction and real estate sales services. The team currently serves the Middle Tennessee counties of: Bledsoe, Cannon, Clay, Cumberland, DeKalb, Fentress, Jackson, Macon, Morgan, Overton, Pickett, Putnam, Smith, Trousdale, Van Buren, Warren, White and Wilson. "Almost daily we talk with folks who are interested in moving to God's Country," said Monday. "We're happy to visit with people wanting a business, moving a business, needing land or office space, wanting development property or just requesting more information." An official Grand Opening Ceremony for the new Crye-Leike Commercial, Cookeville office in partnership with the Cookeville-Putnam County Chamber of Commerce will be held later in the spring. More About Crye-Leike Commercial Managing Broker Bill Monday Crye-Leike Commercial Managing Broker Bill Monday is a licensed Realtor in Tennessee based out of the company's new Commercial Branch Office located at 1400 Neal Street. He specializes in business brokerage and real estate sales and leasing with a focus on land, commercial, industrial, retail, office, restaurant, hotel-motel, healthcare, churches and auctions. Monday brings more than four decades of experience as a manager, officer, director and business owner in a variety of industries that include: Convenience Food Stores, Retail & Wholesale Catalog Showroom, Wholesale Grocery & General Merchandise, Franchisor of Retail Stores, Manufacturing, and Residential & Commercial Construction. For all your real estate needs and personal referrals, please contact Crye-Leike Commercial, Cookeville Managing Broker Bill Monday directly by phone at 931-526-3853 and you can email him at info@MondayTN.com. About Crye-Leike, REALTORS Harold Crye and Dick Leike established Crye-Leike, REALTORS in 1977. Today, Crye-Leike?, the nations 6th largest real estate company, has a network of more than 3,500 licensed sales associates based out of 141 corporate and franchise offices located through-out the nine-state southern region of Tennessee, Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, North Carolina and Oklahoma. Crye-Leike is a full-service real estate company offering buyers and sellers services in: residential and commercial sales, mortgage, title, insurance, business brokerage and investments, property management, development and construction, builder resources, REO bank-owned properties, relocation, auctions, and home services. In 2009, Crye-Leike attained a sales volume in excess of $3.9 billion with 24,983 homes sold.    

MEMPHIS, TN., - In the midst of an economic recession and a real estate sales market some call the worst ever - Crye-Leike Commercial Memphis is set to record its 3rd Best Sales & Lease Quarter Ever. Pushing the company's commercial division to this achievement by most accounts is a single purchase transaction representing the Conwood Company, LLC of Memphis valued in excess of $19-million.   "This has been months in the making," said Mack Browder, Senior Broker with Crye-Leike Commercial in Memphis. "The Conwood Company had been looking to acquire a large industrial property and I was thrilled to help company officials find and negotiate the purchase of a new facility at the Chickasaw Industrial Park in Memphis."   The 787,500 square foot Chickasaw facility was owned by an affiliate of JP Morgan Bank and was previously leased to Hewlett Packard. The purchase represents a continued commitment in the MidSouth by the Conwood Company - which has had a presence in Memphis for more than 200 years.   "I am pleased to be engaged by a large international corporation as its exclusive agent in locating this facility," said Browder. "This deal ranks in the top 10 real estate transactions I have completed. Working with large, well-known law firms and large nationally known real estate firms is always interesting and rewarding."   About Senior Broker Mack Browder Crye-Leike Sales Associate Mack Browder has specialized in commercial investment properties for more than 24 years. He is a licensed Broker in Tennessee, Arkansas and Mississippi. Browder is a member of the Memphis Area Association of Realtors (MAAR), Tennessee Association of Realtors (TAR) and National Association of Realtors (NAR).   Browder joined Crye-Leike Commercial in April 1994 and he is based out of the division's office located at the Crye-Leike, REALTORS Corporate Headquarters, 6525 Quail Hollow Road, Suite 401, Memphis, Tennessee.   For all your commercial real estate needs and personal referrals, contact Senior Broker Mack Browder directly by phone at 901-568-4444 and email: mack@mackbiz.com.   About Crye-Leike Commercial Memphis Crye-Leike Commercial is a division of Crye-Leike, REALTORS. The full service Memphis commercial real estate company assists clients in finding commercial property for sale in the Greater Memphis, Tennessee region.   Associates work with buyers, sellers, investors, developers and landlords. The Memphis Commercial Property Services include everything from helping clients find Memphis commercial office space for lease, to listing and marketing your commercial real estate in Memphis, Tennessee, to helping sell or buy an existing business, to full property management services.   Crye-Leike Commercial has 16 commercial brokers in the Memphis office and more than 50 commercial brokers in our Nashville, Chattanooga, Little Rock, Jackson, MS and Atlanta Commercial branch offices.   About The Conwood Company, LLC Conwood Company, LLC is a part of a tradition that has been providing quality smokeless tobacco products for over 200 years. The company is committed to providing adult tobacco consumers with the highest quality and best tasting smokeless tobacco products available and being identified by our customers as a responsive, innovative, and efficient business partner.   About Crye-Leike, REALTORS Harold Crye and Dick Leike established Crye-Leike, REALTORS in 1977. Today, Crye-Leike?, the Nations 6th Largest real estate company, has a network of more than 3,000 licensed sales associates based out of more than 120 corporate and franchise offices located through-out the nine-state southern region of Tennessee, Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, North Carolina and Oklahoma.   Crye-Leike is a full-service real estate company offering buyers and sellers services in: residential sales, mortgage, title, insurance, business brokerage and investments, property management, development and construction, builder resources, REO bank-owned properties, relocation, auctions, and home services. In 2008, Crye-Leike attained a sales volume in excess of $4.2 billion with 25,871 homes sold.  

MEMPHIS, TN., - Crye-Leike Commercial is announcing a FREE one-hour seminar on what every owner of commercial real estate needs to know. The first program will be held on Thursday, April 30, 2009 at 5:30pm at the Crye-Leike Corporate Center located at 6525 N. Quail Hollow, 4th Floor.-   The workshop "Money In Your Pocket: 3.5 Things you NEED to know before you SELL your Commercial Real Estate" planned for the last Thursday of each month, is the creation of Crye-Leike Commercial's Affiliate Broker Will Hicks and Managing Broker Dan Whipple.   "There are a few basic things that every owner of commercial real estate needs to know," said Dan. "Whether they're considering a sale, trying to sell it today - on their own - or planning to if the price is right? then they need some basic working knowledge about the process and that is who our program is geared to."   In about a one hour timeframe Dan and Will say they intend to turn novice commercial property owners into investors capable of making sound and educated decisions about their real estate.   Dan Whipple has been President of Crye-Leike Commercial in Memphis since 1993 and has more than a quarter century of experience in commercial and investment real estate. He is a Certified Commercial Investment Member (CCIM), licensed Broker in Tennessee and Mississippi and a recipient of Crye-Leike's highest honor, the Circle of Excellence.   "There's a misconception that commercial real estate is less emotional than residential which is about someone's home," said Will. "Commercial real estate is about someone's job, ability to provide for their family, a child's college education and perhaps a legacy for grandchildren. I have found commercial property sales can be just as emotional and challenging as any other type of real estate transaction out there." Dan and Will are members of the Memphis Area Association of Realtors (MAAR), Tennessee Association of Realtors (TAR) and National Association of Realtors (NAR).   Will Hicks was a SCUBA Instructor for eight years before obtaining his license to buy and sell commercial real estate. He specializes in medical and investment properties and is a past member of the Board of Directors of the Germantown Kiwanis Club. Will says the part of the job he enjoys the most is communicating with his clients and prospective clients about how he can help them with their commercial real estate needs.   "Sometimes it's a business owner who's ready to retire and the final step is to sell the building and sometimes it's a client who's been trying to sell his building on his own for a while but isn't getting enough eyeballs with his sign and the ad in the newspaper," said Will. "Sometimes it's a successful business that needs more space to take the business to the next level. The needs of the people I work with are all over the board and so is their level of knowledge about the process of selling commercial real estate."   For more information on the FREE One Hour "Money In Your Pocket: 3.5 Things you NEED to know before you SELL your Commercial Real Estate" seminar on April 30, 2009 at 5:30pm contact Crye-Leike Commercial at 901-758-5670 or email will.hicks@crye-leike.com.   Harold Crye and Dick Leike established Crye-Leike, REALTORS in 1977. Today, Crye-Leike?, the nations 4th largest real estate company, has a network of more than 3,500 licensed sales associates based out of 126 corporate and franchise offices located in 65 counties through-out the eight-state southern region of Tennessee, Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi and North Carolina.   Crye-Leike is a full-service real estate company offering buyers and sellers services in: sales, leasing, mortgage lending, title, insurance, business brokerage and investments, property management, development and construction, builder resources, REO bank-owned properties, relocation, auctions, and home services referrals. In 2008, the Crye-Leike organization attained a sales volume in excess of $4.2 billion.    

MEMPHIS, TN.- Crye-Leike Commercial Broker Eric Fuhrman knows firsthand the financial pain many business and property owners in the MidSouth are feeling in the current economic recession.   "I talk to small and large commercial real estate owners and investors everyday," said Eric Fuhrman, a Broker in the Crye-Leike Commercial division in Memphis. "As many of them try to hang on to their assets, along comes the county with a tax assessment on their property that doesn't match the true street value. People are in pain and my goal is to offer an online tool to possibly help to eliminate the sting of paying unnecessary higher taxes."   In an interest to protect property owner rights, Eric has launched a new website www.memphiscomps.com. The site offers users the opportunity to get "real time" values on comparable property sales for a fraction of what it ordinarily costs to secure a commercial appraisal.   "Once a commercial property owner enters their information online - within 48 hours they will have the hard data they need to initiate a formal review of their tax assessment and bill from the Shelby County Tax Assessor's office," said Eric. "Traditional commercial appraisals typically can cost $2,000 or more and take up to 3 weeks or longer to complete. With this online tool, owners will only pay $200 and have results in two business days or less."   Eric is a licensed Commercial Broker in Tennessee and Mississippi working with buyers and sellers in and around Shelby, Fayette and Tipton counties in Tennessee and Desoto County Mississippi. He is a Certified Commercial Investment Member, (CCIM) recognized as an expert in the disciplines of commercial and investment real estate. Eric is among an elite corps of 8,600 professionals who hold the CCIM designation across North America and more than 30 countries.   Since 2004 Eric has focused exclusively on commercial investment property transactions. He is a co-founder of www.realstreetex.com dedicated to meeting the needs of individual real estate investors and is regarded as a blogging pioneer in the West Tennessee region. Eric is a member of the Crye-Leike Multi-Million Dollar Club and lives in Oakland Tennessee with his wife and four children.   "As I see it, the market value on commercial property is not paying owners anymore than it did the last time properties were appraised," said Eric. "That's the bottom line and if the tax assessment and bill is higher, then chances are an owner has the opportunity to reduce their tax burden by using www.memphiscomps.com to get their appraisal back in line with the market."   For all your commercial and business brokerage real estate needs contact Crye-Leike Commercial Broker Eric Fuhrman directly by phone at 901-262-2055, email: eric.fuhrman@crye-leike.com and on the web at www.realstreetex.com.   Harold Crye and Dick Leike established Crye-Leike, REALTORS in 1977. Today, Crye-Leike?, the nations 4th largest real estate company, has a network of more than 3,500 licensed sales associates based out of 126 corporate and franchise offices located in 65 counties through-out the eight-state southern region of Tennessee, Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi and North Carolina.   Crye-Leike is a full-service real estate company offering buyers and sellers services in: residential sales, mortgage lending, title, insurance, business brokerage and investments, property management, development and construction, builder resources, REO bank-owned properties, relocation, auctions, and home services referrals. In 2008, the Crye-Leike organization attained a sales volume in excess of $4.2 billion with 25,871 homes sold.  

CUMMING, GA., - Crye-Leike, REALTORS is proud to announce Craig J. Meyer has joined the company as its new Commercial Real Estate Manager for the Greater Atlanta Region. Craig is based out of Crye-Leike's new corporate office in Cumming, Georgia located at 5950 Bethelview Road.   Meyer brings to Crye-Leike an extensive background in handling real estate assets, project management and commercial real estate sales. Most recently, he worked as a Commercial Broker with ULTRA Properties in Cumming, Georgia. Meyer was responsible for retail site acquisition and land sales for various retail users and developers.   "My career in commercial real estate spans more than two decades and includes a very diverse background from managing people, projects and assets," said Meyer. "Metro Atlanta is over built in all areas of commercial real estate so leasing is where the transactions will be happening. With that being the case, some of my focus will be on building a team of leasing agents to handle this current market and the inventory that's out there."   Meyer intends to bring a new focus and direction to Crye-Leike's Commercial Division in the region. He sees 2009 as a difficult year for banks and lenders, which would afford an opportunity for Crye-Leike Commercial to assist these institutions in the sale of asset portfolios and asset management.   "As the 4th largest real estate company in the nation, Crye-Leike is in a good position throughout the south to respond and meet the expected demand for REO sales/portfolio business as we head into 2009," said Meyer. "Working with the commercial managers in the company's other regions we can collectively help one another market and sell the anticipated volume of properties."   Meyer's career in real estate started right out college when he joined Cushman & Wakefield, a national firm that had him involved in corporate and institutional transactions. Over the next 20 years Meyer saw his work shift, based on an ever changing real estate market.   "With a downturn in the markets during the bank failure of the early 90's, I went to work as an REO Asset Manager for the Federal Deposit Insurance Corporation - Division of Liquidation in Atlanta," said Meyer. "I handled large portfolio sales of REO assets, managed, budgeted funds, performed capital improvements and conducted auctions."   For several years Meyer was with the national firm of Marcus & Millichap in Atlanta, selling investments throughout the Southeastern U.S. As a Project Manager for Sprint he specialized in "site development" building cell towers in Greensboro/Winston Salem, Charlotte, North Carolina and Chattanooga and Nashville, Tennessee. Meyer performed zoning, ground leases, title, survey, soil tests, building permits, construction and expenditures.   Meyer is a licensed Commercial Realtor, assisting buyers and sellers in and around Forsyth, Fulton, Dawsonville and Gwinnett counties. He specializes in all types of commercial real estate sales with a focus on retail leasing, site selection, land sales and REO portfolio sales.   "Over the years I have developed the skills necessary to manage teams of people and subcontractors," said Meyer. "I look forward to growing our Commercial Real Estate Division and my goal is to staff it with experienced leasing agents and brokers with REO Asset Managers skills."   To discuss career opportunities, for all your real estate needs or personal referrals, please contact Crye-Leike, REALTORS Commercial Manager Craig J. Meyer at 678-319-0557 or email him at craig.meyer@crye-leike.com.   Harold Crye and Dick Leike established Crye-Leike, REALTORS in 1977. Today, Crye-Leike?, the nations 4th largest real estate company, has a network of more than 4,100 sales associates and 132 corporate and franchise offices located in 65 counties through-out the eight-state southern region of Tennessee, Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi and North Carolina.   Crye-Leike is a full-service real estate company offering buyers and sellers services in the following areas of specialty: residential sales, mortgage lending, title, insurance, commercial business and investments, property management, development and construction, builder resources, REO bank-owned properties, relocation, auctions, and home services referrals. In 2007, the Crye-Leike organization attained sales of $5.7 billion with 32,500 closed transaction sides.

BRENTWOOD, TN., - Crye-Leike, REALTORS is proud to announce the appointment of Broker Randy Ayers as the new General Manager of the Crye-Leike Commercial Division for the Middle Tennessee Region. Ayers will manager the day-to-day operations and oversee regional production based out of the Commercial Division offices located at 1187 Old Hickory Blvd in Brentwood Tennessee.   Ayers, a native of South Carolina, has been an active Broker engaged in real estate commercial brokerage transactions for more than 20 years and has practiced with his Broker license the past 18 years.   "We congratulate Randy Ayers for stepping up to the challenge to lead our Commercial Division at this challenging juncture in the housing industry," said Harold Crye, CEO & Cofounder. "I have the utmost confidence in Randy to take our commercial business activity in the region to new heights based on his vast experience and commitment to service."   Ayers is a licensed Broker in Tennessee assisting buyers and sellers in and around the Greater Middle Tennessee Region. He specializes in commercial real estate with a focus on investment and business brokerage.   "I look forward to taking on this opportunity to serve the diverse and dynamic needs of the Nashville commercial real estate market and the tremendous growth opportunity that exists here," said Ayers. "I continue to see downtown and midtown Nashville as the biggest potential growth opportunity for Crye-Leike on the basis of overall interest and the city's contributions to work with developers."   Ayers is a member of the Williamson County Association of Realtors (WCAR), National Association of Realtors (NAR) and the National Association of Industrial and Office Properties (NAIOP) the trade association for developers, owners and investors in industrial, office and related commercial real estate.   "My objective is to build on the solid foundation and great sales team that we have here at Crye-Leike Commercial and to increase our market share by attracting more dynamic people to this great company," said Ayers. "I see this as an opportunity to put my past experience and knowledge to the best use with the Crye-Leike brand that's unparalleled in the residential market and apply that synergy into the delivery of our commercial services like never before."   Broker David Stremic previously held the General Manager post for Crye-Leike Commercial in Middle Tennessee. He is stepping down to focus on the demands of his personal commercial real estate sales and production.   To schedule an appointment and for all your commercial real estate needs or personal referrals, please contact Crye-Leike Commercial General Manager & Broker Randy Ayers at 615-309-7100, email him at john.ayers@crye-leike.com and you can find the division on the web at www.crye-leike.com/commercial.   Crye-Leike Commercial, a division of Crye-Leike, REALTORS is a full service commercial real estate company. Its Brokers have a history of providing comprehensive brokerage, leasing, site selection and investment real estate services to clients.   Commercial Division Business Brokers work with buyers, sellers, investors, developers and landlords. Services include and are not limited to: helping clients secure office space, listing and marketing commercial property for sale, assisting in the sale or purchase of an existing business to full property management services. The company has locations in Tennessee, Arkansas, Georgia and Mississippi specifically tailored to the commercial market.   Harold Crye and Dick Leike established Crye-Leike, REALTORS in 1977. Today, Crye-Leike?, the nations 4th largest real estate company, has a network of more than 4,100 sales associates and 132 corporate and franchise offices located in 65 counties through-out the eight-state southern region of Tennessee, Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi and North Carolina.   Crye-Leike is a full-service real estate company offering buyers and sellers services in the following areas of specialty: residential sales, mortgage lending, title, insurance, commercial business and investments, property management, development and construction, builder resources, REO bank-owned properties, relocation, auctions, and home services referrals. In 2007, the Crye-Leike organization attained sales of $5.7 billion with 32,500 closed transaction sides.

BRENTWOOD, TN., - Crye-Leike, Realtors is proud to announce the successful sale of Portland Pallet Company by Crye-Leike, Realtors, Commercial division. The $2.3-million dollar sale, which includes both the business and the real estate, demonstrates the ability of the company's commercial division to bring qualified commercial buyers together with quality business investments.   Portland Pallet started as a new company in 1985 and ships product both nationally and internationally. Portland Pallet was sold to buyer Charles Fox of Earthforce Industries.   "This is a win-win scenario for both parties," said Randy Ayers, Broker with Crye-Leike Commercial. "This transaction secured not only the economic welfare of the buyer and sellers, but also the employees, vendors and the business community at large."   Crye-Leike Commercial Broker Randy Ayers represented the buyer and Crye-Leike Commercial Broker Kurt Seraphine represented the seller. Seraphine and Ayers combined have nearly 40 years of real estate experience with a focus on brokering commercial business opportunities.   Seraphine is a member of the Greater Nashville Association of Realtors (GNAR) and the International Business Brokers Association (IBBA).   "For business owners thinking of selling, the commercial market in Middle Tennessee remains strong," said Kurt Seraphine, Crye-Leike Commercial Broker. "It is important to know that the key to attracting potential buyers is to make sure that the business is portrayed accurately and in the most positive light." Crye-Leike Commercial is located at 1187 Old Hickory Blvd., in Brentwood. For your commercial real estate needs or personal referrals, please contact Kurt Seraphine at 615-309-7100 or Randy Ayers at 615-483-1688. You can also find them on the web at www.crye-leike.com/commercial   Harold Crye and Dick Leike established Crye-Leike, Realtors in 1977. Today, Crye-Leike?, the nations 4th largest real estate company, has a network of more than 4,100 sales associates and 132 corporate and franchise offices located in 65 counties through-out the eight-state southern region of Tennessee, Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi and North Carolina.   Crye-Leike is a full-service real estate company offering buyers and sellers services in the following areas of specialty: residential sales, mortgage lending, title, insurance, commercial business and investments, property management, development and construction, builder resources, REO bank-owned properties, relocation, auctions, and home services referrals. In 2007, the Crye-Leike organization attained sales of $5.7 billion with 32,500 closed transaction sides.

ALPHARETTA, GA.- Crye-Leike, Realtors Commercial Division in Georgia held a "Commercial Forum" on Thursday, November 15, 2007 at The Marriott Hotel on Windward Parkway in Alpharetta. This forum is the first of many planned for the division, which launched services statewide in October 2007.   "I see a Commercial Forum as a great tool to learn and exchange ideas and property information among commercial agents, developers, builders and investors," said Adel Elmankabady, Managing Broker of Crye-Leike, Commercial in Georgia. "Based on the turn-out and response to our first event, I foresee even more interest at our next event in January 2008."   Managing Broker Adel Elmankabady served as the moderator of the forum, which attracted more than 60 real estate professionals.   Crye-Leike, Commercial and O'Kelley & Sorohan Attorneys at Law, LLC sponsored this first of its kind forum. Joe O'Kelly and Deidra Sorohan had the opportunity to discuss its full menu of Real Estate services. Strategic Exchange Advisors, a firm that specializes in 1031 exchanges, was also a sponsor. Ricky Novak, the in-house attorney, discussed Real Estate investing and 1031 exchanges.   National real estate consulting and acquisitions expert John Borzellino was the main guest speaker at the forum.   "For about 45 minutes Borzellino offered attendees his take on the market and outlook for 2008," said Elmankabady. "It's our goal to incorporate a guest speaker into each forum we hold, to engage, educate and excite those real estate professionals who desire to remain on the cutting edge of our industry."   Following Borzellino's presentation, those attending were able to share information on his or her current listings or client needs.   The next Forum, with a focus on Atlanta's Commercial Real Estate Marketplace will be held in January 2008. An announcement on the exact date, time, place and guest speaker is to be determined.   Real estate services firm interested in sponsoring and/or attending an upcoming forum should contact Adel Elmankabady at 678-640-9810 or email adel5079@aol.com   Harold Crye and Dick Leike established Crye-Leike, Realtors in 1977. Today, Crye-Leike?, the nations 4th largest real estate company, has a network of over 4,000 sales associates and 130 corporate and franchise offices located in 65 counties through-out the seven-state southern region of Tennessee, Alabama, Arkansas, Florida, Georgia, Kentucky and Mississippi.   Crye-Leike is a full-service real estate company offering buyers and sellers services in the following areas of specialty: residential sales, mortgage lending, title, insurance, commercial business and investments, property management, development and construction, builder resources, REO bank-owned properties, relocation, auctions, and home services referrals. In 2006, the Crye-Leike organization attained sales of $6.1 billion with 35,498 closed transaction sides. ###  

ALPHARETTA, GA. - Crye-Leike?, Realtors announces the opening of its new Commercial Division, serving clients across the State of Georgia under the leadership of Managing Broker Adel Elmankabady, ALC, RECS, CPS.   Crye-Leike Commercial, Georgia will manage the company's commercial sales and commercial leasing activities in Georgia from offices at 11895 Jones Bridge Road in Alpharetta, north of the Atlanta metro area.   "The State of Georgia and greater Atlanta region continue to see tremendous growth and opportunity for existing commercial real estate and new investments," said Adel Elmankabady, Crye-Leike Commercial Managing Broker. "It is our goal to become a top provider of services to owners and investors of all types of commercial properties."   Since 1996, Adel Elmankabady has been serving the needs of buyers and sellers in Georgia, with a focus on commercial and new construction development, lots, land, farms, resort and vacation properties and condominiums.   Elmankabady is a member of the Georgia commercial Board of Realtors and serves on the CBR Education Committee, CBR Government Affairs Committee and the CBR Quality Growth Committee. He is also a member of the Georgia Home Builders Association, the Georgia Real Estate Investors Association and the Atlanta Rotary Club.   Crye-Leike, Realtors was established in Memphis in 1977 by Harold Crye and Dick Leike, and within three years, the company grew to be the largest in the city. Today, Crye-Leike, the nations 4th largest real estate company, has a network of over 3,997 sales associates and 130 corporate and franchise offices located in 65 counties through-out the eight-state southern region of Tennessee, Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi and North Carolina.   Crye-Leike is a full-service real estate company offering buyers and sellers services in the following areas of specialty: residential sales, mortgage lending, title insurance, commercial business and investments, property management, development and construction, builder resources, REO bank-owned properties, relocation, auctions, and home services referrals. In 2006, the Crye-Leike organization attained sales of $6.1 billion with 35,498 closed transaction sides.

MEMPHIS, TN.- Crye-Leike, Commercial Affiliate Broker Eric Fuhrman has successfully completed the final exam to receive the prestigious Certified Commercial Investment Member (CCIM) designation. He joins the ranks of a special community of highly skilled and trained Commercial Affiliate Brokers. "The CCIM curriculum represents the core knowledge expected of commercial investment practitioners, regardless of the diversity of specializations within the industry," said Fuhrman. "Only six percent of the estimated 125,000 commercial real estate practitioners nationwide hold the CCIM designation, which reflects not only the caliber of the program, but also why it is one of the most coveted and respected designations in the industry." A Certified Commercial Investment Member (CCIM) is a recognized expert in the disciplines of commercial and investment real estate. A CCIM is an invaluable resource to the commercial real estate owner, investor, and user, and is among an elite corps of 8,600 professionals who hold the CCIM designation across North America and more than 30 countries. "For me this represents the culmination of 3 ? years of work and practical experience in commercial real estate. The curriculum required me to submit for evaluation a summary of my experience and analysis of 20 of my commercial transactions," said Fuhrman. Fuhrman works with buyers and sellers in and around Shelby, Fayette and Tipton counties in Tennessee and Desoto County Mississippi. He has been a licensed affiliate broker in Tennessee and Mississippi since 2004 focused exclusively on commercial investment property transactions. Fuhrman is a member of the Memphis Association of Realtors in which he serves as the Vice Chairman of the Grievance Committee and is a past chairman of the Membership Services Committee and the Community Involvement Committee. Fuhrman also maintains membership in the Tennessee Association of Realtors and the National Association of Realtors. Fuhrman is the co-founder of www.realstreetex.com a site dedicated to meeting the needs of individual real estate investors and is regarded as a blogging pioneer in the West Tennessee region. He is a member of the Crye-Leike Multi-Million Dollar Club and lives in Oakland Tennessee with his wife and four children. Crye-Leike, Realtors was established in 1977 by Harold Crye and Dick Leike. Today, Crye-Leike?, the nations 4th largest real estate company, has a network of over 3,900 sales associates and 125 corporate and franchise offices located in 65 counties through-out the seven-state southern region of Tennessee, Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi and North Carolina. Crye-Leike is a full-service real estate company offering buyers and sellers services in the following areas of specialty: residential sales, mortgage lending, title, insurance, commercial business and investments, property management, development and construction, builder resources, REO bank-owned properties, relocation, auctions, and home services referrals. In 2006, the Crye-Leike organization attained sales of $6.1 billion with 35,498 closed transaction sides.

BRENTWOOD, Tenn.- The Tennessee Real Estate Commission (TREC) recently announced that Ed Brooks of Crye-Leike, Realtors, has received his broker's license after successfully passing the real estate broker licensure examination.   To become eligible for the examination, Mr. Brooks met strict experience and education requirements as a broker candidate. Broker candidates must have held an active license as an affiliate broker for a minimum specified period and must have successfully completed 120 classroom hours of real estate education, 30 hours of which must be an office or brokerage management course taken at a TREC approved school.   A real estate professional for four years, Mr. Brooks serves the needs of commercial buyers and sellers in and around Davidson, Williamson, Cheatham, Robertson and Dickson counties. Affiliated with the Crye-Leike, Commercial branch office, located 1187 Old Hickory Boulevard, Mr. Brooks specializes in large, multi-use developments, and holds membership in the National and Greater Nashville Associations of Realtors.   Crye-Leike? (www.crye-leike.com), a full service real estate company for 29 years, is the nation's 6th largest real estate company and the largest in the Mid-South. It has a network of over 3,500 sales associates and 105 corporate and franchise offices located in 56 counties throughout a seven-state southern region in Tennessee, Alabama, Arkansas, Florida, Georgia, Kentucky and Mississippi. In 2005, the Crye-Leike organization attained sales of $5.6 billion with 34,039 closed transaction sides.   ###  

NASHVILLE, TN. - Brentwood based Crye-Leike Commercial and The Blonder Group, LLC, today announced they have completed the sale of a marquis downtown office building, located at 333 Union Street, in Nashville's central business district. The Voss Development Corporation from Oxnard, California purchased the 36,000 square-foot four-story office building located at the corner of 4th Avenue and Union Street in the heart of the financial district.   In addition to David Stremic, Crye-Leike Commercial president, J. Randolph Ayers, vice president and director of Crye-Leike Commercial sales co-brokered the sale with Ira A. Blonder, managing general partner of The Blonder Group, LLC. Formally the headquarters for Fifth Third Bank, it is currently configured as a retail and corporate bank branch with the first and second floors available for lease.   "This will be the first time Crye-Leike jointly markets & leases a commercial building in downtown Nashville" commented David Stremic who oversaw the facilitation of the purchase on behalf of Voss Development Corp. "We partnered with Ira Blonder, managing partner of The Blonder Group, LLC, because of his expertise and reputation in bringing commercial transactions, like 333 Union, to a successful conclusion."   Ira Blonder commented, "Co-marketing the 333 Union Building with Crye Leike Commercial offers The Blonder Group, LLC an interesting platform, unique to Nashville. I believe this is the first time two commercial firms are jointly leasing and marketing a downtown office building. Given the building's prime location and existing configuration as a financial institution, it is ideally suited for a bank. Given Crye-Leike's market prominence, I am excited at the opportunity to work with David and Randy, on behalf of Voss Development.   The Blonder Group, LLC (http://www.blondergroup.com/) provides corporate real estate advisory services, specializing in landlord and tenant representation, investment brokerage, corporate and retail site location, and raw land development. The Blonder Group, LLC is an affiliate partner of CRESA Partners (http://www.cresapartners.com), the sixth largest provider of commercial real estate services worldwide.   Crye-Leike Commercial (http://www.crye-leike.com/commercial/) is a full service commercial real estate company and division of Crye-Leike Realtors, the nation's 6th largest real estate company. The commercial brokers of Crye-Leike Commercial have a 20-year history of providing comprehensive brokerage, leasing, site selection and investment real estate services to its clients.  

NASHVILLE, TN.- Crye-Leike?, Realtors? announces that Sonia Talreja has become affiliated with Crye-Leike? Commercial, located at 1187 Old Hickory Blvd.   As an affiliate broker, Williams will serve the real estate needs of buyers and sellers in and around Williamson County as well as Davidson. She specializes in commercial and residential services and is a member of the National, Tennessee and Greater Nashville Associations of Realtors. In addition to Tennessee, Talreja holds her license in both Washington State and California. Prior to joining Crye-Leike?, she spent five years as a computer programmer.   Crye-Leike? (www.crye-leike.com), a full service real estate company for 29 years, is the nation's 10th largest real estate company and the largest in the Mid-South. It has a network of over 3,000 sales associates and 95 corporate and franchise offices located in 53 counties throughout a seven-state southern region in Tennessee, Alabama, Arkansas, Florida, Georgia, Kentucky and Mississippi. In 2005, the Crye-Leike organization attained sales of $5.6 billion with 34,039 closed transaction sides.  

By Jane Aldinger   Two brokers with Crye-Leike Commercial have launched a new Web site aimed at real estate investors, www.emetroinvestors.com.   Dan Whipple, president and managing broker of Crye-Leike Commercial, and Eric Fuhrman, a broker with Crye-Leike Commercial, created the site in response to the growing needs of investment clients and the ballooning real estate investment market.   The site lists commercial property Whipple and Fuhrman have for sale, but Fuhrman says it goes beyond simply listing the property by adding Flash presentations to each property.   Whipple and Fuhrman are rooted in Memphis and expect the local community to be the best place for initially attracting clients, but they hope to broaden the scope to include national investors with their tailored team approach.   "When (out of town investors) come into an area, not only will we be able to meet a need, but bring together an instant team with people we've developed relationships with over the years," Fuhrman says.   Whipple, who has been in the commercial business for 25 years, says he has been involved in investment sales for about 12 years but recently turned his focus to the area.   "I could see what was driving the bigger money markets out there," Whipple says. "Now and during the next 10 years, a lot of those people are going to have money they never had and they have to put it somewhere.   "They're going to turn to real estate investments because of relative safety historically and because not only do they generally get their investment paid for, they also get the tax shelter advantages of depreciation of expenses."   Charles R. Coe Jr., general partner of Oklahoma City-based Merco Energy LLC, is a Memphis-based real estate investor who uses Whipple as an investment representative.   He started out by purchasing a small office building worth "several hundred thousand dollars," Coe says, but when interest rates began dropping, he decided to begin looking at retail parcels.   He has since purchased two Advance Auto Parts locations, worth "just under a million dollars" each, Coe says.   "What investors want is a good source of information, and I am still a relatively small investor," Coe says. "Dan has shown me that he can get me the information and he does it in a timely fashion and doesn't seem to be discouraged when I don't like what he brings me."   Coe has not used the Web site to purchase property, but says Whipple's service will make the information on the Web site useful.   Other online listing services like Loopnet have become more successful in the last two years because of the current investment environment in commercial real estate, says John Lamberson, senior vice president, investment properties, with CB Richard Ellis Memphis.   Lamberson says selling property comes down to marketing a property directly, and a Web site like Whipple and Fuhrman's can be a good enhancement tool for those marketing efforts.   Another unique aspect of emetroinvestments.com is Fuhrman's online blog, which provides a forum for commercial real estate discussion as well as information on commercial lending rates, real estate investment and available properties.   "The blog is one thing we're thinking well keep us in contact with our target client," he says.   Fuhrman established his own blog but is relocating that to the new site, under the news heading.   Whipple, CCIM, hopes to use his industry connections to establish listings in other markets.   "If an investor asks us to sell a piece of property in Cincinnati, Ohio, we would bring on to our team the right CCIM to list it locally for us," he says.  

Nashville, Tenn. - The Greater Nashville Association of Realtors' Commercial Investment Division has named Jim Brown of Lord Baltimore Properties Commercial Realtor of the Year.   The award recognizes brokers who demonstrate leadership and integrity and who contribute to the betterment of the industry. Brown, a past CID president, has been a member of the association for more than 15 years and was instrumental in GNAR's move to its current location on Trousdale Drive.   "Jim has been a successful realtor and an active member of GNAR's Commercial Investment Division," says Pat Brakefield, 2005 president of GNAR's Commercial Investment Division. "His commitment to excellence in his work, dedication to the Realtor Association and talent in serving clients are what garnered him this prestigious award."   Michelle Kang of Crye-Leike Commercial took home the Horizon Award, which recognizes up-and-coming commercial real estate professionals. Kang has been an affiliate broker with Crye-Leike since 2002.   CID also handed out its Awards of Excellence in three categories: Platinum, Gold and Silver.   *Platinum Award nominees must achieve at least $5 million or more in net sales or leases during the year. This year's recipients are: Patrick Brakefield, William Hawkins, Timothy Quinn, Clancy Hoban and Matt Woodard. All are with Chas. Hawkins Co. Inc.   *Gold Award nominees must broker at least $2 million or more in net sales or leases during the year. Recipients are: Mary Hawkins, Robert Stout, Sue Earnest and J.P. Lowe of Chas. Hawkins Co. Inc.; Anne Shockley of The Trendex Group Inc.; Monte Turner of Turner & Associates; Marshall Karr of Karr Investments; Charlie Robin of Robin Realty; and John Martin and Jim Martin of Caudill Properties.   *Silver Award nominees must achieve at least $1 million or more in net sales or leases during the calendar year. This year's recipients are: Bill Brittain and Bruce Reed of Chas. Hawkins Co. Inc.; Tom Miller of The Parks Group; Gary Hudson of Legacy Ventures; and Dane Bryant of Lura Bainbridge Real Estate.  

by Brian Forrester   Crye-Leike Commercial has expanded beyond its traditional real estate turf to take in the buying and selling of businesses. Crye-Leike formatted a business brokerage division in September and has seven brokers focused on buying or selling businesses. "We were leaving money on the table," says Keith Crowe, a new director of the division. No longer. Crowe's crew has completed six deals since last fall and has another five pending. Adding business brokerage services was a natural extension of services, Crowe says. In the past, clients wanting to sell commercial real estate sometimes were trying to sell a business at the same time, but the real estate company wasn't equipped to help. Crye-Leike's business brokers' services span the spectrum of consulting, investment and income property brokerage, merger and acquisition assistance, site selection and tenant representation. Business owners pay a 10 percent commission at the time of their business' sale. Crye-Leike isn't the first real estate company to provide business brokerage services. "It does mesh well," says Debbie Foust, CEO of Hermitage-based Century 21 Music City. "The more you're capable of doing, the better you can serve your client." Foust has provided business brokerage services for more than 25 years. Century 21 Music City, which has a business brokerage staff of four, has helped sell companies with sales ranging from $50,000 to several million. Despite potential synergies between real estate services and business brokerage, not everyone is convinced Crye-Leike's move will pay off. "I think it's a stretch," says one real estate professional about Crye-Leike's expansion. "It involves a lot of things that don't have anything to do with real estate." Crye-Leike expects accountants, attorneys and financial institutions to act as lead generators for its business brokers. The company will work with clients in southern Kentucky and northern Alabama in addition to Middle Tennessee. Crowe says revenue for business brokerage clients ranges between $100,000 and $3 million. Most are closely held companies. "It really doesn't take that much more time to sell a million-dollar business than it does to sell a $100,000 business," Crowe says. Business brokerage is an unregulated profession, which means the state of Tennessee does not require a license like it does for other professional services, says Bren Letson, owner of VR Business Brokers' Nashville office. Traditionally, business brokers target companies with fewer than $20 million in revenue. Companies with revenue less than that fall off the radar of investment bankers who provide business brokerage services. "There is this no-man's land between $1 million in sales and $10 million to $20 million in sales," says Letson. To contact Nashville Business Journal reporter Brian Forrester, e-mail him at: cforrester@bizjournals.com, 615-248-2222 ext. 115      

Brentwood, Tenn. - Keith Crowe of Nashville has been named director of business brokerage for Crye-Leike Commercial, the eighth largest commercial real estate brokerage firm in Nashville, to oversee the company's newly established business brokerage division. The division will offer a full range of business brokerage services, including consulting; investment and income property brokerage; merger & acquisition; sale & acquisition of operating businesses; site selection & acquisition; and, tenant representation. Crowe says that his division will focus its efforts on the professional representation of sellers of closely held businesses and serve as a resource for buyers. Crowe, an affiliate broker, comes to Crye-Leike from Sunbelt Business Brokers Network of Nashville as their senior broker. His years of experience in business brokerage have involved business deals with both small and large companies in Tennessee as well as buyers and sellers of all sizes. With firsthand experience in mortgage banking, management and marketing, his expertise includes preparing evaluations and assisting in securing financing for acquisitions. His previous job experience includes real estate franchise sales for Century 21 and association management as executive director of the Nashville Area Home Builders Association. There are many facets in the sale of a business, says Crowe. "And, that's when a business owner should consider commissioning a business broker to handle the transaction." "A business broker can help to evaluate the options which may include the sale of a portion or all of the business. Valuation studies would be conducted to maximize the sale price. Assistance would be provided in selecting other members of the sales team like attorneys and certified public accountants who would help with disclosures for warranty purposes. And, finally, the business broker would structure the sale to attract the highest and best buyer for the business as well as handle the negotiations and closing." Crye-Leike Commercial (http://www.crye-leike.com/commercial/) is a full service commercial real estate company and division of Crye-Leike, Realtors, the nation's 10th largest real estate company and the largest serving Tennessee and the Mid-South. Crye-Leike Commercial was ranked the eighth largest Nashville-area commercial real estate brokerage firm by the Nashville Business Journal, a ranking based on its 2002 sales volume of $16.1 million. Crye-Leike Commercial offers business and investment real estate services from its four regional commercial offices in Memphis, Nashville, Murfreesboro and Chattanooga. The commercial brokers of Crye-Leike Commercial have a 20-plus year history of providing comprehensive brokerage, leasing, site selection and investment real estate services to their clients. Crye-Leike Commercial is located at 1187 Old Hickory Blvd. in Brentwood, Tenn. For real estate information on commercial and residential property listings available for sale or lease nationwide by city or county, visit Crye-Leike's Web site at www.crye-leike.com, or call 615/309-7100.    

Brentwood, Tenn. - Crye-Leike Commercial of Brentwood, Tenn. has been ranked the eighth largest Nashville-area commercial real estate brokerage firm by the Nashville Business Journal, a ranking based on its 2002 sales volume of $16.1 million. Crye-Leike Commercial was listed among 18 other real estate brokerage firms in the area, with NAI Matthews Partners ranked No. 1, followed by CB Richard Ellis, Colliers Turley Martin Tucker, ProVenture Commercial Real Estate, Chas. Hawkins Co. Inc., Eakin Partners and Grubb & Ellis/Centennial. Crye-Leike Commercial (http://www.crye-leike.com/commercial/) is a full service commercial real estate company and division of Crye-Leike, Realtors, the nation's 10th largest real estate company. Crye-Leike Commercial offers business and investment real estate services from its four regional commercial offices in Memphis, Nashville, Murfreesboro and Chattanooga. The commercial brokers of Crye-Leike Commercial have a 20-year history of providing comprehensive brokerage, leasing, site selection and investment real estate services to their clients. Crye-Leike Commercial is located at 1187 Old Hickory Blvd. in Brentwood, Tenn. For real estate information on commercial and residential property listings available for sale or lease nationwide by city or county, visit Crye-Leike's Web site at www.crye-leike.com, or call 615/309-7100. The Nashville Business Journal is owned and operated by American City, the nation's leading publisher of metropolitan business journals, owning newspapers in 41 U.S. cities.  

Nashville, Tenn. - Crye-Leike Commercial of Brentwood, Tenn. has sold a 3.2 acre tract in Franklin, Tenn. to a father and son team who own Sunvertible, Inc., an upscale pre-owned auto dealership, specializing in convertibles and replacement of convertible tops. Crye-Leike Commercial facilitated the entire transaction on behalf of both the buyers and the seller. Crye-Leike commercial sales associate Mark Parrish, a 45-year real estate veteran, served as the selling agent, representing the buyers, father Rodney Adkins and his son, Jon. Crye-Leike commercial sales associate William "Rusty" Ingle served as the listing agent, representing the seller, SunTrust Bank of Tennessee. The Adkins purchased the property, located off Highway 96 near Interstate 65, with plans to relocate and expand their business, a move that will double their current 50-car inventory. Sunvertible, Inc. has been in business since May 1992 and is currently located on Tusculum Road in Nashville. Construction is scheduled to begin in November 2003 with completion expected in spring 2004. Plans include building a showroom on two acres, fronting Interstate 65, with the remaining acreage as a parking space for up to 100 convertibles and other upscale pre-owned autos. The 10,000 square foot facility in Franklin Commons Court will accommodate up to 25 cars. The project architect is H. Michael Hindman Architects, and Solomon Builders is the contractor. The project is financed through SunTrust. The estimated value of the project is $1.3 million. The Adkins family came to the automobile business in a somewhat unconventional manner. Rodney Adkins was formerly in the grocery business, working for 35 years for Kroger and owning and operating his own grocery store. Adkins also worked outside of the United States as a volunteer famine relief worker. While employed by Kroger, Adkins worked part time at a car dealership. After his retirement and his son's graduation from college, the elder Adkins decided to start a new career with Jon. The two examined the field and found their niche in a unique market - convertible sales. "We wanted to find a niche market for automobiles," said the elder Adkins. "All the car dealers we spoke to said we were crazy and we'd never make it." More than 11 years later, the father-son Adkins team proved their critics wrong. They are leaving their ? acre plot on Tusculum Road in Nashville for a 3.2-acre site in Williamson County, one of the wealthiest counties in Tennessee. According to the owners, they outgrew the Tusculum property years ago. "We had looked at the Cool Springs/Franklin area for some time," says Rodney Adkins. "It's good to go where the money is." The Adkins' business has seen much success, but not from the clients they originally anticipated. Only around 20 percent of Sunvertible sales are to Nashville-area consumers, they say. Forty percent of their business comes from a 100-mile radius, with the remaining 20 percent traveling more than 100 miles to purchase a convertible or other upscale pre-owned car from Sunvertibles. According to the Adkins, two major factors have contributed to their success. Sunvertibles is a one of a kind business in the area; the Adkins know of no other competitors. Also, most car dealerships do not stock convertibles all year long, while Sunvertibles specializes in carrying convertibles year round. "Most consumers do their homework and know what's out there," says Rodney. "Major dealerships typically try to get rid of their convertible inventory by July 4 and don't restock until January. The consumer will buy a convertible any time of year and we have the stock year round. If they want a convertible, it doesn't matter if there's snow on the ground." The Sunvertibles, Inc. Web site (www.sunvertibles.com) has access to a virtual showroom, including 16 panoramic views of each auto on their property. Also available through their Web site are online financing, credit applications, extended warranty information, dealership contact information, and information on convertible top repairs. "All Sunvertible, Inc. autos are certified by Carfax before being sold, as a complimentary service," says the elder Adkins. Carfax provides vehicle history reports, including records of accidents, fire damage, and odometer check. Sunvertible also completely services each car before its sale. Crye-Leike Commercial is a full service commercial real estate company and division of Crye-Leike, Realtors, (www.crye-leike.com), the nation's 10th largest real estate company. Crye-Leike Commercial offers business and investment real estate services from its four regional commercial offices in Memphis, Nashville, Murfreesboro and Chattanooga. The commercial brokers of Crye-Leike Commercial have a 20-year history of providing comprehensive brokerage, leasing, site selection and investment real estate services to its clients. Crye-Leike (www.crye-leike.com), a full service real estate company for 26 years, is the largest serving the Southern Region of the United States. Crye-Leike attained sales of $3.17 billion and 22,198 closed transaction sides corporate wide in 2002.  

Brentwood, Tenn. - Crye-Leike Commercial of Brentwood, Tenn. has sold a 114,000-square-foot manufacturing plant on a 13 acre tract in Milan, Tenn. to Southern Source Tool & Manufacturing, the world-wide contract packager and distributor of replacement parts. The property, located at 2008 Kefauver Drive in Gibson County, was owned by Genesco, Inc. of Nashville, Tenn. and served as its Volunteer Leather plant. Genesco (NYSE:GCO) is a marketer of branded footwear and accessories selling in more than 1,000 retail stores in the United States. Commercial sales associate Bob Pickard of Crye-Leike Commercial in Brentwood, Tenn. facilitated the sale on behalf of both the buyer and seller. "My longstanding career of 29 years with Genesco, Inc., which included a period as chief engineer of its manufacturing and warehouse operations, definitely contributed to my understanding of the property and finding the right buyer," says Pickard. "But, credit goes to the Milan Chamber of Commerce and its executive director, Linda Schrader, who introduced me to Southern Source's president and owner, Rufus McPeak." McPeak, who lives in Dresden, Tenn., has additional plants in Milan, Dresden and Greenfield that employ over 250 people. His plants in Milan and Greenfield do contract packaging only. The one in Dresden does tool and die work and world-wide distribution. "Contract packaging involves receiving bulk packages of goods and repacking them into single items ready for retail sale," says McPeak. "We handle millions of pieces annually. Items repacked come in all shapes and sizes, from a refrigerator door to small nuts & bolts." "I was very anxious to see this empty facility reopen in Milan," says Schrader. "Now that's one less empty industrial building here." The property has remained closed for more than a year. The building was built by Trostel Industries in the 1960s as a o-ring manufacturing plant. Pickard has been a commercial sales associate of Crye-Leike Commercial for the past five years, specializing in the sale and lease of office, warehouse and manufacturing space as well as tenant representation. Crye-Leike Commercial (http://www.crye-leike.com/commercial/) is a full service commercial real estate company and division of Crye-Leike, Realtors, the nation's 10th largest real estate company. Crye-Leike Commercial offers business and investment real estate services from its four regional commercial offices in Memphis, Nashville, Murfreesboro and Chattanooga. The commercial brokers of Crye-Leike Commercial have a 20-year history of providing comprehensive brokerage, leasing, site selection and investment real estate services to its clients.  

Brentwood, Tenn. - Crye-Leike Commercial of Brentwood, Tenn. has sold a 35-industrial acre site in LaVergne, Tenn. to 84 Lumber, the nation's largest privately-held building-materials supplier headquartered in Eighty Four, Pennsylvania. Commercial sales associate John Sims of Crye-Leike Commercial in Brentwood, Tenn. represented the sellers, Steve and Terry Hawkins of Columbia, in the $750,000 sale. 84 Lumber was represented by Larry Beadle of Nai Mathews Parnters in Nashville, Tenn. 84 Lumber purchased the property with plans to build a truss company, retail service center, or a lumber yard. The property is located at the end of the industrial park on Wheeler Avenue in LaVergne, Tenn. and is situated next to the railroad tracks. 84 Lumber is a low-cost provider of lumber and building materials. Through more than 450 stores and 12 components plants, the company sells lumber, siding, drywalls, windows, and other supplies, as well as kits to make barns, play sets, decks and even homes. Its stores are in 34 states, mainly in the East, Southeast and Midwest. Sims has been a member of Crye-Leike Commercial's sales team for the past five years. He is a member of the Greater Nashville Association of Realtors' Commercial Investment Division and specializes in sales and leasing. Crye-Leike Commercial is a full service commercial real estate company and division of Crye-Leike, Realtors, the nation's 10th largest real estate company. Crye-Leike Commercial offers business and investment real estate services from its four regional commercial offices in Memphis, Nashville, Murfreesboro and Chattanooga. The commercial brokers of Crye-Leike Commercial have a 20-year history of providing comprehensive brokerage, leasing, site selection and investment real estate services to its clients.  

Memphis, Tenn. - Over 50 commercial sales associates and property managers of Crye-Leike Commercial & Crye-Leike Property Management, divisions of Crye-Leike, the nation's 10th largest real estate company, will converge from four regional areas in Tennessee to attend their second annual regional conference on September 24, 2003 in Brentwood, Tenn. The meeting will discuss commercial practices and commercial brokerage issues, development and investment real estate services, commercial investments and exchanges as well as provide an opportunity to feature updates on the company's marketing programs and initiatives for commercial properties. Crye-Leike Property Management provides full service management for both commercial and residential properties, managing single-family homes; office and retail space and condominium or planned unit development (PUD) communities. It specializes in developing customized programs that focus on cost-efficient operations and tenant retention for investors and owners of real estate. "By delivering these programs at the highest level of responsiveness and economy, Crye-Leike Property Management has been able to enhance property value over the investment term for our clients," says Tony Fletcher, president of Crye-Leike Property Management, Inc. of Memphis. "Crye-Leike Property Management's primary objective is to enhance our client's investment values by maintaining high levels of occupancy," he says. "We further offer a wider range of property management services to lower our clients' property operating costs. For example, Crye-Leike's management company is open seven days a week using full-time leasing consultants and service personnel who are on-call 24/7." Crye-Leike Commercial is a full service commercial real estate company offering business and investment real estate services from its four regional commercial offices in Memphis, Nashville, Murfreesboro and Chattanooga. Combined, the four regional branch offices have averaged nearly $100 million in brokerage sales and lease volume for the last five years. The commercial brokers of Crye-Leike Commercial have a 20-year history of providing comprehensive brokerage, leasing, site selection and investment real estate services to its clients. Crye-Leike (www.crye-leike.com), a full service real estate company for 26 years, is the nation's 10th largest real estate company and the largest serving the Southern Region of the United States. It has a network of over 2,500 sales associates and 68 branch and franchise offices located in 36 counties throughout a six-state southern region in Tennessee, Arkansas, Mississippi, Georgia, Kentucky and Florida. As a full service real estate company, Crye-Leike offers real estate and related services, including: residential real estate services; relocation services; commercial business and investment real estate services; property leasing and management services; development and construction services; REO foreclosure services; mortgage lending facilities; insurance services; title services; home services; auction services; apartment locator services; franchise sales and builder resource services.    

Nashville, Tenn. - Crye-Leike Commercial Real Estate Brokerage & Property Management in Nashville, Tenn. has named David C. Bowen as director of commercial sales for its Middle Tennessee Region. He is responsible for assisting Crye-Leike's commercial brokers in all areas of commercial sales and investment property sales. Bowen brings to Crye-Leike over 32 years of real estate experience. His areas of expertise include those in retail and management; commercial development; residential development and construction; commercial mortgage banking and commercial real estate brokerage. A resident of Brentwood, Tenn., Bowen is a licensed real estate broker and member of the Greater Nashville Association of Realtors where he serves as a member of its Commercial Investment Division. He also is a member of the National and Tennessee Associations of Realtors. Crye-Leike Commercial, a division of Crye-Leike, is a full service commercial real estate company offering business and investment real estate services from its four regional commercial offices in Memphis, Nashville, Murfreesboro and Chattanooga. Combined, the four regional branch offices have averaged nearly $100 million in brokerage sales and lease volume for the last five years. The commercial brokers of Crye-Leike Commercial, which total 50 company wide, have a 20-year history of providing comprehensive brokerage, leasing, site selection and investment real estate services to its clients. Crye-Leike (www.crye-leike.com), a full service real estate company for 26 years, is the nation's 10th largest real estate company and the largest serving Tennessee and the Southern Region of the United States. It has a network of over 2,400 sales associates and 67 branch and franchise offices located in 36 counties throughout a six-state southern region in Tennessee, Arkansas, Mississippi, Georgia, Kentucky and Florida. Crye-Leike attained sales of $ 3.17 billion and 22,198 closed transaction sides corporate wide in 2002.  

Memphis, Tenn. - There wasn't a "for sale" sign on the Winchester office building in downtown Memphis, but company officials at Crye-Leike, the largest real estate company in Tennessee and the Mid-South, knew that the building and its location was the one they had been searching for over the past several months to establish a downtown commercial office presence in Memphis. Four Crye-Leike company officials made an offer to purchase the Winchester office building at 8 South Third Street and closed the deal in April 2003. Parkway Properties represented the owner, Winchester River-1, LP. This six-story office building was purchased for $1.3 million by a limited liability partnership under the name of Scimitar, LLC. The Crye-Leike LLC partnership consists of Dick Leike, co-founder and president, and Chet Whitsitt, vice president, both of Crye-Leike; and Tony Fletcher, president, and Collins Mikell, property manager, both of Crye-Leike Property Management, a full service management company for commercial and residential properties. The Crye-Leike management team plans to offer downtown businesses a full service brokerage firm with an emphasis on commercial property and association management. Scimitar, LLC appropriately named their business entity after one of the building's previous tenants, the Press Scimitar, the former Memphis' evening city newspaper for 104 years . "We have been looking for the right building size and location to expand Crye-Leike Property Management into downtown Memphis for the past year," said Fletcher. "We felt the timing was right to support our property management operation. We already manage seven downtown properties and felt it more efficient to have an office downtown than to manage those properties from East Memphis where Crye-Leike's corporate headquarters is located." The Winchester building is located at the corner of Third and Madison, across the street from the Sterrick Building and the 1st Tennessee Bank building and next door to the Auto Zone Baseball Stadium. Built in 1902, it is listed on the Historic Register. The Crye-Leike partnership intends to restore the frontage of the building to its original luster of limestone and wrought iron, says Fletcher, as well as do some extensive renovations to the building's interior over the next year. Fletcher further noted that the Center City Commission was very helpful in the real estate transaction. "The commission allowed Scimitar, LLC to participate in the PILOT Program (Payment in lieu of taxes Program) which allowed us to make this investment." Currently, the 36,000 sq. ft. Winchester office building is 100 percent occupied by attorneys and the Memphis Arts Council where fine arts classes are held. Crye-Leike Property Management will manage the building and occupy the ground floor where it will house commercial and association management professionals and real estate sales associates. Crye-Leike's downtown operations will open in mid-June as an extension of Crye-Leike Property Management's East Memphis offices, says company officials. Crye-Leike Property Management, a division of Crye-Leike (www.crye-leike.com), the nation's 13th largest real estate company, manages office and retail space; single-family homes; and condominium or planned unit development (PUD) communities. Crye-Leike Property Management (www.crye-leikerentals.com) in Memphis manages 1 million square feet of office and retail space; over 550 single-family homes; and 44 condominium or PUD communities with over 5,000 units. In 2002, there were 40 investment owners who joined Crye-Leike's management portfolio. Crye-Leike further assisted 26 owners in the marketing of their previously-managed properties, representing $16.35 million in sales volume. Crye-Leike, a full service real estate company for 26 years, is the nation's 13th largest real estate company with a network of over 2,300 sales associates and 62 branch and franchise offices located in 33 counties throughout a six-state southern region in Tennessee, Arkansas, Mississippi, Georgia, Kentucky and Florida. Crye-Leike, Inc. in Memphis has a sales force of over 1,100 sales associates who are located in 18 corporate and franchise offices in four counties throughout a three-state Mid-South region in Shelby County, Tenn.; Crittendon County, Ark.; and DeSoto and Lee counties, Miss.  

Nashville, Tenn. - Crye-Leike Commercial Real Estate Brokerage & Property Management of Rutherford County announces the affiliation of Patrick L. Thornton as a broker in its Smyrna, Tenn. branch office. A Nashville resident since 1983, Thornton specializes in residential and commercial development, serving Davidson, Williamson, Rutherford, Sumner and Wilson counties. He has over 19 years of real estate experience, including owning and managing several national real estate franchise companies in Middle Tennessee. Prior to joining Crye-Leike Commercial, he was president of The Concord Company, Realtors; a partner in Classic Design Builders, Inc. and worked as a new construction specialist for Spencer Hall Development in Franklin, Tenn. Thornton has received multiple sales achievement awards from the Greater Nashville Association of Realtors and the Tennessee Home Builders Association. His most recent award was the Top Producer - Prestige Homes Award, presented by Prestige Homes Builders for attaining the most closed transactions. He also holds the certified residential specialist designation, CRS, the highest nationally recognized professional credential awarded to Realtors in the residential sales field. To earn the CRS credential, Thornton demonstrated professional expertise in the field of residential real estate, had a proven track record of real estate transactions and an advanced education in related areas with an emphasis in finance, technology and marketing. Thornton is a member of the National and Greater Nashville Associations of Realtors. He is also involved in his local community where he coaches a girls' softball team, including serving as a non-faculty coach for Franklin High School's Lady Rebels for two years. When asked why he made the change, he replied, "I made the change to grow into a first class real estate organization like Crye-Leike," said Thornton. Crye-Leike Commercial, a division of Crye-Leike, is a full service commercial real estate company offering business and investment real estate services from its five regional commercial offices in Memphis, Nashville, Murfreesboro, Chattanooga and Johnson City. Combined, the five regional branch offices have averaged nearly $100 million in brokerage sales and lease volume for the last five years. The commercial brokers of Crye-Leike Commercial, which total 50 company wide, have a 19-year history of providing comprehensive brokerage, leasing, site selection and investment real estate services to its clients. Crye-Leike (www.crye-leike.com), a full service real estate company for 25 years, is the nation's 13th largest real estate company and the largest serving Tennessee and the Mid-South. It has a network of over 2,300 sales associates and 63 branch and franchise offices located in 32 counties throughout a six-state southern region in Tennessee, Arkansas, Mississippi, Georgia, Kentucky and Florida.  

Nashville, Tenn. - Over 50 commercial sales associates of Crye-Leike Commercial, a division of Crye-Leike, the largest real estate company in Tennessee and the Mid-South, will converge from five regional areas in Tennessee to attend Crye-Leike Commercial's All-Regional Conference on September 18, 2002 in Brentwood, Tenn. Crye-Leike Commercial has five regional offices in Memphis, Nashville, Murfreesboro, Chattanooga and Johnson City. The meeting will discuss commercial practices and commercial brokerage issues, development and investment real estate services as well as provide an opportunity to feature updates on company programs and initiatives. A presentation by Bud Worsham of Crye-Leike Commercial, Memphis will discuss tenant representation and site selection. Luncheon guest speaker will be Pat Emery, executive vice president of Crescent Resources who will speak on the trends in commercial real estate in Tennessee as it relates to speculative building. Emery's speech, entitled, "Commercial Property Market Directions," will elaborate on the fact that with interest rates being so low that preleasing is where the commercial market is headed. A panel discussion will be held on building a commercial practice. Guest speakers include: Garry Maness of Crye-Leike Commercial, Memphis who will discuss developing an investor client list; David Lefemine of Crye-Leike Commercial, Johnson City who will discuss cultivating city/county/state contacts; Tucker Beck, CCIM of Crye-Leike Commercial, Memphis who will address building a listing base; and Pat Waggoner of Crye-Leike Commercial, Nashville who will cover targeting specialty markets. Crye-Leike Commercial is a full service commercial real estate company of 19 years providing comprehensive brokerage, leasing, site selection and investment real estate services to its clients from its five regional commercial offices in Memphis, Nashville, Murfreesboro, Chattanooga and Johnson City. Combined, the five regional branch offices have averaged nearly $100 million in brokerage sales and lease volume for the last five years.  

Nashville, Tenn. - Crye-Leike Commercial Real Estate Brokerage & Property Management announces the affiliation of Dave Collins as an affiliate broker in its Nashville regional office located in Brentwood, Tenn. He brings to Crye-Leike Commercial over 30 years of experience in small business development and resale. A Franklin resident, Collins markets commercial properties and specializes in the sale and acquisition of operating small businesses to buyers and sellers in Middle Tennessee. Collins also serves as a franchise sales consultant in Tennessee, counseling prospective entrepreneurs in starting independent and franchised businesses. "So many people dream of owning their own business, but do not possess any systematic method for thoroughly investigating the opportunities available," said Collins. "Acquiring a resale small business or a start up business might be the way to go for some people, but it has to be right for the whole family and for the right reasons." Prior to joining Crye-Leike Commercial, Collins was in franchise consulting for several large, well-known companies, specializing in the sale of franchises and the resale of existing small businesses. He has sold more that 300 existing businesses and more than 200 franchise startups over his 30-year career in small business. While living in Denver, Co., he was in commercial and residential real estate and was involved in the ownership and development of small businesses of his own. Collins is a member of the National Association of Realtors, the Greater Nashville Association of Realtors and its Commercial Industrial Division. Crye-Leike Commercial, a division of Crye-Leike, is a full service commercial real estate company offering business and investment real estate services from its five regional commercial offices in Memphis, Nashville, Murfreesboro, Chattanooga and Johnson City. Combined, the five regional branch offices have averaged nearly $100 million in brokerage sales and lease volume for the last five years. The commercial brokers of Crye-Leike Commercial, which total 50 company wide, have a 19-year history of providing comprehensive brokerage, leasing, site selection and investment real estate services to its clients. To learn more about the sale or resale of a small operating business, visit Dave Collins' Web site at www.nashvillebusinessbroker.com or he may be reached at 615/309-7100.  

Nashville, Tenn. - Crye-Leike Commercial Real Estate Brokerage & Property Management announces that Helen S. Regalado of Nashville has been named accounting manager. She is responsible for the accounting functions of commercial and residential rental properties in the Greater Nashville area. Regalado has over 23 years of experience in finance, payroll and human resources. She previously was senior bookkeeper for four years for Archon Management Services in Dallas, Texas, overseeing accounting functions for 18 apartment complexes across the country. Crye-Leike Commercial, a division of Crye-Leike, is a full service commercial real estate company offering business and investment real estate services from its five regional commercial offices in Memphis, Nashville, Murfreesboro, Chattanooga and Johnson City. Combined, the five regional branch offices have averaged nearly $100 million in brokerage sales and lease volume for the last five years. The commercial brokers of Crye-Leike Commercial, which total 50 company wide, have a 19-year history of providing comprehensive brokerage, leasing, site selection and investment real estate services to its clients. Its Nashville region has 19 commercial brokers who generated over $11 million in brokerage sales and lease volume in 2001, a 21 percent increase from a year prior. Crye-Leike (www.crye-leike.com), a full service real estate company for 25 years, is the nation's 13th largest real estate company and the largest serving Tennessee and the Mid-South.  

Nashville, Tenn. - Crye-Leike Commercial Real Estate Brokerage & Property Management announces the following staff addition as a result of expanding its commercial and property management services: Karen L. Will, affiliate broker, has been named senior manager of commercial properties for Crye-Leike Property Management. A resident of Franklin, Tenn., she is responsible for the management of commercial properties ranging from the most prestigious Class A office properties to small retail strip centers in Nashville and Chattanooga as well as expanding business operations in surrounding areas. Previously affiliated with NAI/Rohde Realty Inc. of San Antonio, Texas, Will has over 10 years of experience as a senior property manager and leasing agent. With experience ranging across virtually all property types, Will is currently managing more than 1.6 million square feet of office, light industrial, warehouse, retail and special use space. Crye-Leike Commercial, a division of Crye-Leike, is a full service commercial real estate company offering business and investment real estate services from its five regional commercial offices in Memphis, Nashville, Murfreesboro, Chattanooga and Johnson City. Combined, the five regional branch offices have averaged nearly $100 million in brokerage sales and lease volume for the last five years. The commercial brokers of Crye-Leike Commercial, which total 50 company wide, have a 19-year history of providing comprehensive brokerage, leasing, site selection and investment real estate services to its clients. Its Nashville region has 19 commercial brokers who generated over $11 million in brokerage sales and lease volume in 2001, a 21 percent increase from a year prior. Crye-Leike (www.crye-leike.com), a full service real estate company for 25 years, is the nation's 13th largest real estate company and the largest serving Tennessee and the Mid-South.  

Nashville, Tenn. - Crye-Leike Commercial Real Estate Brokerage & Property Management announces the relocation and expansion of its regional headquarters in Brentwood into a new company-owned office building located at 1187 Old Hickory Blvd. in Nashville, Tenn. The move was prompted by the company's desire for greater visibility as well as expansion room for its rapidly growing commercial division, said Harold E. Crye, chief executive officer of Crye-Leike and owner of the 1.46 acre property which is valued at $1.8 million, including land and construction costs. Crye-Leike Commercial will occupy 7,000 square feet of the newly-constructed 13,100 square foot office building, moving from its previous secluded location at 130 Wilson Pike in Brentwood. The new facility, located across the street from Bethel World Outreach Center, accommodates up to 30 Crye-Leike commercial brokers and management staff who serve Middle Tennessee and surrounding counties. The area directly adjacent to Crye-Leike Commercial, located at the corner of Granny White and Old Hickory Blvd., is a high traffic intersection that for years experienced significant growing pains. Road and land improvements are now underway to widen the intersection into four lanes. "Our timing to open this new office could not have been better," said Keith Rosenblum, president of Crye-Leike Commercial Real Estate Brokerage & Property Management. "We knew when we purchased the property that the Tennessee Department of Transportation had a proposal on the table to widen this intersection, but you never know if and when those kinds of projects will actually come to fruition. We see the widening of the street in front of our property as an asset in increasing visibility and accessibility for our clients." Crye sold .253 acres of the site to the State of Tennessee Department of Transportation for use in widening the road in front of the property. Crye-Leike Commercial plans to hold its grand opening on Tues., July 16, 2002, 4 p.m. to 6 p.m. The event will include a ribbon cutting ceremony by the Brentwood Chamber of Commerce, followed by a tour of the facility. Crye-Leike Commercial, a division of Crye-Leike, is a full service commercial real estate company offering business and investment real estate services from its five regional commercial offices in Memphis, Nashville, Murfreesboro, Chattanooga and Johnson City. Combined, the five regional branch offices have averaged nearly $100 million in brokerage sales and lease volume for the last five years. The commercial brokers of Crye-Leike Commercial, which total 50 company wide, have a 19-year history of providing comprehensive brokerage, leasing, site selection and investment real estate services to its clients. Crye-Leike (www.crye-leike.com), a full service real estate company for 25 years, is the nation's 13th largest real estate company and the largest serving Tennessee and the Mi-South. It has a network of over 2,200 sales associates and 60 branch and franchise offices located in 28 counties throughout a five-state region in Tennessee, Arkansas, Kentucky, Mississippi and North Georgia. Crye-Leike attained sales of $2.95 billion and 20,768 closed transaction sides corporate wide in 2001.  

Nashville, Tenn. - Crye-Leike Commercial Real Estate Brokerage & Property Management announces the expansion of its Nashville sales offices into Rutherford County. J. David Floyd has been named commercial sales manager of Rutherford County to lead in the company's new initiative. Crye-Leike's commercial branch office in Rutherford County is located at 599 Sam Ridley Parkway, West in Smyrna, Tenn. Floyd has been affiliated with Crye-Leike for eight years, most recently serving as managing broker for its Murfreesboro branch office. He is a life member of Crye-Leike's Multi-Million Dollar Club, a level of distinction that exemplifies his outstanding sales performance of selling annually in excess of $1 million over a five-year period. He has achieved several nationally recognized professional designations, including the certified real estate brokerage manager (CRB), the certified residential specialist (CRS) and Graduate, Realtors Institute (GRI) designations. He also is a candidate member of the CIIM Institute, pursuing the certified commercial investment member (CCIM) designation to become a recognized expert in commercial real estate brokerage, leasing, asset management, valuation and investment analysis. Floyd holds professional memberships with the National, Tennessee and Middle Tennessee Associations of Realtors (MTAR). As an active member of MTAR, he currently serves on its Public Relations and Professional Standards committees and served as past chair and co-chair of its Grievance Committee. He also holds membership with the Councils of Real Estate Brokerage Managers and of Residential Sales Specialists. Crye-Leike Commercial, a division of Crye-Leike, is a full service commercial real estate company offering business and investment real estate services from its four regional commercial offices in Memphis, Nashville, Chattanooga and Johnson City. Combined, the four regional branch offices have averaged nearly $100 million in brokerage sales and lease volume for the last five years. The commercial brokers of Crye-Leike Commercial, which total 50 company wide, have a 19-year history of providing comprehensive brokerage, leasing, site selection and investment real estate services to its clients. Its Nashville region has 19 commercial brokers who generated over $11 million in brokerage sales and lease volume in 2001, a 21 percent increase from a year prior. Crye-Leike (www.crye-leike.com), a full service real estate company for 25 years, is the nation's 13th largest real estate company and the largest serving Tennessee and the Mid-South. It has a network of over 2,200 sales associates and 60 branch and franchise offices located in 28 counties throughout a five-state Mid-South region in Tennessee, Arkansas, Kentucky, Mississippi and Georgia. Crye-Leike attained sales of $2.95 billion and 20,768 closed transaction sides corporate wide in 2001.  

Nashville, Tenn. - Crye-Leike Commercial of Nashville, Tenn. recently announced its top five commercial brokers for 2001 who achieved the highest volume of year-end transactions sold or leased: Joey G. Hardiman ranked No. 1, followed by Robert Pickard, Walter Rudd, Mark Parrish and Paul Jones. Crye-Leike Commercial, a division of Crye-Leike, is a full service commercial real estate company offering business and investment real estate services from its four regional commercial offices in Memphis, Nashville, Chattanooga and Johnson City. Combined, the four regional branch offices have averaged nearly $100 million in brokerage sales and lease volume for the last five years. The commercial brokers of Crye-Leike Commercial, which total 50 company wide, have a 19-year history of providing comprehensive brokerage, leasing, site selection and investment real estate services to its clients. Its Nashville region has 18 commercial brokers who generated over $11 million in brokerage sales and lease volume in 2001, a 21 percent increase from one year prior. Crye-Leike (www.crye-leike.com), a full service real estate company for 25 years, is the nation's 13th largest real estate company and the largest serving Tennessee and the Mid-South. It has a network of over 2,200 sales associates and 58 branch and franchise offices located in 27 counties throughout a five-state Mid-South region in Tennessee, Arkansas, Kentucky, Mississippi and Georgia. Crye-Leike attained sales of $2.95 billion and 20,768 closed transaction sides corporate wide in 2001.   ABOUT CRYE-LEIKE'S TOP COMMERCIAL BROKERS IN NASHVILLE Joey G. Hardiman of Franklin, Tenn. is a broker with over 13 years of real estate experience. He specializes in listing and selling investment sales, leasing and retail development properties within the Southeast region of the United States. Along with being a commercial broker for Crye-Leike, Hardiman also has served as leasing manager for Crye-Leike Commercial & Property Management, handling over 100,000 square feet of retail office space for Crye-Leike's company-owned properties in the Greater Nashville, Greater Chattanooga and North Georgia areas. Prior to joining Crye-Leike in 2001, Hardiman was an independent commercial broker for 10 years in Athens, Alabama, serving North Alabama and the Southeast region of the United States. He is a graduate from the University of Alabama in Tuscaloosa. Robert Pickard is an affiliate broker specializing in commercial sales and leasing within Middle Tennessee. A resident of Brentwood, Pickard has been in real estate for the past five years. Prior to joining he was director of engineering and quality assurance for 29 years with Genesco, Inc., responsible for the direction of engineering, quality control and property management. He is a member of the Brentwood Chamber of Commerce, currently serving on its Economic and Community Development Council. Walter L. Rudd of Brentwood is an affiliate broker specializing in commercial sales and leasing in Middle Tenn. He holds the Graduate, Realtors Institute (GRI) designation, a national professional designation that signifies mastery of a specific and intensive program of classroom instruction in various aspects of residential brokerage. Rudd is a member of the Cool Springs Chamber of Commerce and currently serves on its Economic & Community Development Committee. Within his community, Rudd is a Mason, Shriner and member of the Elks Club American Legion. Prior to his six-year real estate career, Rudd was in the apparel industry for 25 years, selling equipment to apparel manufacturers. Mark Parrish of Nashville is a 45-year real estate veteran, specializing in commercial sales and leasing in Davidson and surrounding counties. As a real estate planner and investor, he was president, general manager and majority stockholder of the Nashville Dixie Flyer Hockey Club. He was also an officer and stockholder in building and operating Nashville Speedways as well as president and chief operating officer. Within his community, Parrish has served on various appointed committees by past Mayor of Nashville Beverly Briley and past Tenn. Governor Ned McWherter. For 10 years, he was little league softball team manager in Donelson and served as a submarine Veteran in World War II. Paul Jones of Nashville has been with Crye-Leike Commercial for seven years as a broker and specializes in commercial sales and leasing as well as industrial, retail, development and office real estate services within Davidson and Williamson counties. He holds the Graduate, Realtors Institute (GRI) designation, a national professional designation that signifies mastery of a specific and intensive program of classroom instruction in various aspects of residential brokerage. Prior to entering the real estate industry, Jones was in the oil and gas industry for 14 years as an owner and operator of Jones Oil Properties, Inc. in Oklahoma City, Okla. where he specialized in securing investors for oil, gas and mineral drilling operations and negotiating leasing contracts. Within his community, Jones serves as chairman of the Allocations Committee for the board of trustees at Nashville Tech. He is past president of the Alumni Association for the University of Oklahoma, Nashville Chapter.  

Memphis, Tenn. - Crye-Leike Commercial of Memphis, Tenn. announced its top four commercial brokers for 2001 who achieved the highest volume of year-end transactions sold or leased: Bud Worsham ranked No. 1, followed by J.Tucker Beck, CCIM, Garry Maness and Sam Bond. Crye-Leike Commercial, a division of Crye-Leike, is a full service commercial real estate company offering business and investment real estate services from its four regional commercial offices in Memphis, Nashville, Chattanooga and Johnson City. It has 16 commercial brokers in the Memphis branch office who have averaged more than $60 million in brokerage sales and lease volume over the last five years. Combined, the four regional branch offices have averaged nearly $100 million in brokerage sales and lease volume for the last five years. The commercial brokers of Crye-Leike Commercial, which total 50 company wide, have a 19-year history of providing comprehensive brokerage, leasing, site selection and investment real estate services to its clients. Crye-Leike (www.crye-leike.com), a full service real estate company for 25 years, is the nation's 13th largest real estate company and the largest serving Tennessee and the Mid-South. It has a network of over 2,200 sales associates and 58 branch and franchise offices located in 27 counties throughout a five-state Mid-South region in Tennessee, Arkansas, Kentucky, Mississippi and Georgia. Crye-Leike attained sales of $2.95 billion and 20,768 closed transaction sides corporate wide in 2001.   ABOUT CRYE-LEIKE'S TOP COMMERCIAL BROKERS IN MEMPHIS BUD WORSHAM. Bud Worsham of Fayette County was recognized by Crye-Leike Commercial as the company's top commercial producer in the Greater Memphis area for 2001. Also ranked as the top commercial producer for 2000, Worsham's achievement was based on year-end volume of transactions sold or leased, with a majority of those sales in selling income-producing properties to investors. Worsham, a Crye-Leike affiliate broker, has been in commercial real estate for the past 17 years, serving West and East Tennessee and North Mississippi. He specializes in tenant representation for buyers or tenants seeking new locations or expansions in the areas of retail, office, land or service industries as well as representation for income producing properties such as shopping centers. Within Crye-Leike, Worsham has been a member of its Multi-Million Dollar Club for the past five years, which recognizes his outstanding sales performance. Worsham is a member of the International Council of Shopping Centers. He also is a member of the Memphis Metro Chapter of the CCIM Institute and a candidate member of the CCIM Institute where he is pursuing the certified commercial investment member (CCIM) designation. He is a graduate of Leadership Memphis, class of 1982 and served as a director of economic development for the Memphis Area Chamber of Commerce from 1975 to 1984. Prior to joining Crye-Leike in 1997, Worsham was affiliated for 11 years with Trezevant Realty Corporation in Memphis, Tenn. as a developer of retail and office projects, including Thousand Oaks Business Center and the Market of Wolfcreek Shopping Center, where he represented the owners and developers in sales and leasing. J. TUCKER BECK. Crye-Leike's second highest commercial producer award for 2001 went to affiliate broker J. Tucker Beck of Shelby County who holds the certified commercial investment member (CCIM) designation from the CCIM Institute. Beck specializes in office, retail, land and small industrial brokerage, plus downtown and East Memphis leasing and sales. Beck began his real estate career with Crye-Leike in 1994. He was previously a Series 3 commodity broker, selling managed futures funds. Professionally, Beck is a member of the National, Tennessee and Memphis Area Associations of Realtors. He served as past vice chairman of MAAR's Realtor Political Action Committee and past director of its Multi-Million Dollar Club. Within Crye-Leike, Beck is a life member of Crye-Leike's Multi-Million Dollar Club and life member of the Memphis Area Association of Realtors' Multi-Million Dollar Club, both recognizing his outstanding sales performance. Additionally, he was recently presented Crye-Leike's Circle of Excellence Award, one of the highest levels of professional and personal achievement that a sales associate of Crye-Leike can attain. Within his community, he is an active volunteer of the Memphis Boys and Girls Club. He and his family our current members of St. Louis Church. GARRY MANESS. Garry Maness of Shelby County ranked third for a second year in a row among Crye-Leike's top commercial producers for 2001. Maness has been in commercial real estate for the past 11 years, specializing in investment and health care properties. He is a candidate member of the CCIM Institute, pursuing the certified commercial investment member (CCIM) designation. Prior to entering commercial real estate, Maness was senior vice president of Le Bonheur Health Systems for 18 years, followed by president of Adagio Trading Company, LLC for two years before joining Crye-Leike. SAM BOND. Affiliate broker Sam Bond of Midtown Memphis, Shelby County ranked fourth among Crye-Leike's top commercial producers for 2001. Bond has been in commercial real estate for the past eight years, specializing in tenant representation as well as office, retail and industrial brokerage. Bond is a member of the Memphis Area Association Realtors and serves as trustee of its Education Foundation as well as chairman of its Summer Internship Committee. Prior to joining Crye-Leike, Bond was in commercial banking and investment banking, specializing in real estate finance, along with being in the savings and loan industry, all spanning over a 30-year career.  

Memphis, Tenn. - Crye-Leike Commercial of Memphis, Tenn. announced its top four commercial brokers for 2001 who achieved the highest volume of year-end transactions sold or leased: Bud Worsham ranked No. 1, followed by J.Tucker Beck, CCIM, Garry Maness and Sam Bond. Crye-Leike Commercial, a division of Crye-Leike, is a full service commercial real estate company offering business and investment real estate services from its four regional commercial offices in Memphis, Nashville, Chattanooga and Johnson City. It has 16 commercial brokers in the Memphis branch office who have averaged more than $60 million in brokerage sales and lease volume over the last five years. Combined, the four regional branch offices have averaged nearly $100 million in brokerage sales and lease volume for the last five years. The commercial brokers of Crye-Leike Commercial, which total 50 company wide, have a 19-year history of providing comprehensive brokerage, leasing, site selection and investment real estate services to its clients. Crye-Leike (www.crye-leike.com), a full service real estate company for 25 years, is the nation's 13th largest real estate company and the largest serving Tennessee and the Mid-South. It has a network of over 2,200 sales associates and 58 branch and franchise offices located in 27 counties throughout a five-state Mid-South region in Tennessee, Arkansas, Kentucky, Mississippi and Georgia. Crye-Leike attained sales of $2.95 billion and 20,768 closed transaction sides corporate wide in 2001.   ABOUT CRYE-LEIKE'S TOP COMMERCIAL BROKERS IN MEMPHIS BUD WORSHAM. Bud Worsham of Fayette County was recognized by Crye-Leike Commercial as the company's top commercial producer in the Greater Memphis area for 2001. Also ranked as the top commercial producer for 2000, Worsham's achievement was based on year-end volume of transactions sold or leased, with a majority of those sales in selling income-producing properties to investors.   Worsham, a Crye-Leike affiliate broker, has been in commercial real estate for the past 17 years, serving West and East Tennessee and North Mississippi. He specializes in tenant representation for buyers or tenants seeking new locations or expansions in the areas of retail, office, land or service industries as well as representation for income producing properties such as shopping centers. Within Crye-Leike, Worsham has been a member of its Multi-Million Dollar Club for the past five years, which recognizes his outstanding sales performance. Worsham is a member of the International Council of Shopping Centers. He also is a member of the Memphis Metro Chapter of the CCIM Institute and a candidate member of the CCIM Institute where he is pursuing the certified commercial investment member (CCIM) designation. He is a graduate of Leadership Memphis, class of 1982 and served as a director of economic development for the Memphis Area Chamber of Commerce from 1975 to 1984. Prior to joining Crye-Leike in 1997, Worsham was affiliated for 11 years with Trezevant Realty Corporation in Memphis, Tenn. as a developer of retail and office projects, including Thousand Oaks Business Center and the Market of Wolfcreek Shopping Center, where he represented the owners and developers in sales and leasing. J. TUCKER BECK. Crye-Leike's second highest commercial producer award for 2001 went to affiliate broker J. Tucker Beck of Shelby County who holds the certified commercial investment member (CCIM) designation from the CCIM Institute. Beck specializes in office, retail, land and small industrial brokerage, plus downtown and East Memphis leasing and sales. Beck began his real estate career with Crye-Leike in 1994. He was previously a Series 3 commodity broker, selling managed futures funds. Professionally, Beck is a member of the National, Tennessee and Memphis Area Associations of Realtors. He served as past vice chairman of MAAR's Realtor Political Action Committee and past director of its Multi-Million Dollar Club. Within Crye-Leike, Beck is a life member of Crye-Leike's Multi-Million Dollar Club and life member of the Memphis Area Association of Realtors' Multi-Million Dollar Club, both recognizing his outstanding sales performance. Additionally, he was recently presented Crye-Leike's Circle of Excellence Award, one of the highest levels of professional and personal achievement that a sales associate of Crye-Leike can attain. Within his community, he is an active volunteer of the Memphis Boys and Girls Club. He and his family our current members of St. Louis Church. GARRY MANESS. Garry Maness of Shelby County ranked third for a second year in a row among Crye-Leike's top commercial producers for 2001. Maness has been in commercial real estate for the past 11 years, specializing in investment and health care properties. He is a candidate member of the CCIM Institute, pursuing the certified commercial investment member (CCIM) designation. Prior to entering commercial real estate, Maness was senior vice president of Le Bonheur Health Systems for 18 years, followed by president of Adagio Trading Company, LLC for two years before joining Crye-Leike. SAM BOND. Affiliate broker Sam Bond of Midtown Memphis, Shelby County ranked fourth among Crye-Leike's top commercial producers for 2001. Bond has been in commercial real estate for the past eight years, specializing in tenant representation as well as office, retail and industrial brokerage. Bond is a member of the Memphis Area Association Realtors and serves as trustee of its Education Foundation as well as chairman of its Summer Internship Committee. Prior to joining Crye-Leike, Bond was in commercial banking and investment banking, specializing in real estate finance, along with being in the savings and loan industry, all spanning over a 30-year career.  

Nashville, Tenn. - Matt Wallin of Williamson County has been named manager of Crye-Leike's Residential Property Management Division in Nashville, Tenn., announced Keith Rosenblum, president of Crye-Leike Commercial & Property Management. He is responsible for expanding the division as well as managing the procurement of single family dwellings and investment properties in Davidson, Williamson, Sumner, Wilson, Rutherford and Maury counties. He also will oversee Crye-Leike Apartment Referral Services, an apartment locator service for newcomers to the area as well as employees who are being relocated. Wallin is a licensed real estate agent in Tennessee who has four years of real estate experience in selling and handling residential properties. He began his career with Folk-Jordan, Realtors where Gail Wallin and he practiced as a mother and son real estate team. When Folk-Jordan was acquired by Crye-Leike in 1999, Matt continued selling residential real estate with Crye-Leike, Realtors. He assumed additional duties of commercial property management, leasing and sales for Crye-Leike Commercial & Property Management in September of this year. Crye-Leike Residential Property Management, a division of Crye-Leike Commercial & Property Management, provides comprehensive real estate services, offering full service management for both commercial and residential properties in Middle Tennessee. It manages single family homes; investment properties and condominium or planned unit development (PUD) communities with residential units. Crye-Leike (www.crye-leike.com), a full service real estate company for 25 years, is the nation's 13th largest real estate company and the largest serving Tennessee and the Mid-South. It has a network of over 2,200 sales associates and 55 branch and franchise offices located in 25 counties throughout a five-state Mid-South region in Tennessee, Arkansas, Kentucky, Mississippi and Georgia.  

Nashville, Tenn. - Crye-Leike has begun construction of a 13,100 square foot office building in Brentwood, Tenn. near the southeast corner of Granny White and Old Hickory Blvd. The single story building will accommodate the rapidly growing Nashville regional office of Crye-Leike Commercial Real Estate Brokerage & Property Management. Crye-Leike Commercial Real Estate Brokerage & Property Management will occupy 7,000 square feet, moving from its previous office location at 130 Wilson Pike in Brentwood. Crye-Leike has secured Realty Title & Escrow Co., Inc. as tenants to lease 3,000 sq. ft. They will establish their headquarters at this new location, moving from 5120 Virginia Way in Maryland Farms Office Park. Realty Title & Escrow Co. has nine branch offices that serve the real estate community, including builders and developers, in 22 counties in Middle Tennessee and the Greater Memphis area. The remaining 3,000 sq. ft. is available for lease as retail and office space. Total project cost, including land and construction costs, is estimated at $1.5 million, with financing provided by SouthTrust Bank of Nashville, Tenn. Projected completion date is February 2002. The 1.46 acre site is located at 1187 Old Hickory Blvd, across the street from Bethel World Outreach Center and borders, but is not a part of, neighboring Maryland Farms Office Park. With the property resting on both Williamson and Davidson county lines, the office building will have a Brentwood address but remain under the development jurisdiction of Metro-Davidson County. Harold E. Crye, chief executive office of Crye-Leike and owner of the property, plans to sell .253 acres of the site to the State of Tennessee Department of Transportation for use in widening the road in front of the property. Architect for the Crye-Leike project is Joe Gooch of Memphis, Tenn. General contractor is Robert S. Biscan & Co. of Brentwood, Tenn. Civil engineer is Ragan-Smith Associates of Nashville. Mechanical engineer is I.C. Thomasson & Associates, Inc. of Nashville, Tenn. Structural engineer is Reaves Sweeney Marcom of Memphis, Tenn. Interior Design is by Rainey Contract Design of Memphis, Tenn. Williamson County has benefited from Crye-Leike's expansion of offices into the Middle Tennessee area since 1992. Their strong presence in Brentwood includes three office buildings that total in excess of 60,000 sq. ft. in office space for Crye-Leike: 5055 Maryland Way, better remembered as the old Brentwood library, which now serves as a Crye-Leike branch office for over 65 sales associates; 130 Wilson Pike Circle which has over 30 sales associates in its commercial, leasing and property management division; and 5111 Maryland Way, another branch office for over 95 sales associates as well as for its administrative offices. Crye-Leike Commercial, a division of Crye-Leike, is a full service commercial real estate company offering business and investment real estate services from its four regional commercial offices in Memphis, Nashville, Chattanooga and Johnson City. Combined, its regional divisions completed over $ 87.2 million in property sales and lease volume in 2000. Its commercial brokers and affiliate brokers, which total over 60 company wide, have an 18-year history of providing comprehensive real estate assistance, including commercial sales, leasing and buyer representative services. Crye-Leike (www.crye-leike.com), a full service real estate company, is the nation's 13th largest real estate company and the largest serving Tennessee and the Mid-South. It has a network of over 2,200 sales associates and 55 branch and franchise offices located in 27 counties throughout a four-state Mid-South region in Tennessee, Arkansas, Mississippi and North Georgia. Crye-Leike attained sales of $2.9 billion and 20,406 closed transaction sides corporate wide in 2000. For leasing information on this Crye-Leike office building, contact Keith Rosenblum, president of Crye-Leike Commercial & Property Management in Brentwood, Tenn. who is serving as the developer, at 615/309-7100.  

Memphis, Tenn. - Crye-Leike Commercial of Memphis, Tenn. announced its top six commercial brokers for 2000 with Bud Worsham ranked as its top producer, followed by Charles Callis, CRS, Garry Maness, Cherie Ganesh, CCIM, Mack Browder, CPA, and Tucker Beck, CCIM. Crye-Leike Commercial, a division of Crye-Leike, is a full service commercial real estate company offering business and investment real estate services from its three regional commercial offices in Memphis, Nashville and Chattanooga. It has 27 commercial brokers and affiliate brokers in Memphis who completed over $73.5 million in property sales and lease volume in 2000. Combined, the three regional divisions completed over $87.2 million in property sales and lease volume in 2000. Its commercial brokers and affiliate brokers, which total 58 company wide, have an 18-year history of providing comprehensive real estate assistance, including commercial sales, leasing and buyer representative services. Crye-Leike (www.crye-leike.com) is the largest real estate company in Tennessee and the Mid-South with a network of over 52 branch offices, 2,100 sales associates and over 480 employees. As a privately held company, it attained sales of nearly $3 billion corporatewide in 2000, the second best year in the company's 23-year history. Nationally, Crye-Leike is ranked No. 10 among the nation's top 500 residential real estate brokerage firms, as reported in May 2000 by REAL Trends Magazine. ABOUT CRYE-LEIKE'S TOP COMMERCIAL BROKERS IN MEMPHIS Bud Worsham of Fayette County was recognized as the company's top commercial producer in the Greater Memphis area for 2000 based on his year-end volume of transactions sold or leased, with a majority of those sales in selling income-producing properties to investors. He has been in commercial real estate for the past 16 years, specializing in tenant representation. Worsham is a member of the International Council of Shopping Centers and member of the Memphis Metro Chapter of the CCIM Institute. He is a graduate of Leadership Memphis, class of 1982 and served as a director of economic development for the Memphis Area Chamber of Commerce from 1975 to 1984. Within Crye-Leike, Worsham has been a member of its Multi-Million Dollar Club for the past four years, which recognizes his outstanding sales performance. Crye-Leike's second highest commercial producer award for 2000 went to vice president and broker Charles Callis, CRS, of Shelby County. Callis, a certified residential specialist, has been a commercial broker for the past 17 years, specializing in churches, church sites and church schools where he has represented over 100 churches since 1982. His most recent sales in 2000 included representing the buyers and sellers in both transactions for Raleigh Baptist Church, an 80,000 sq. ft. facility located at 3034 Austin Peay Highway in Bartlett on 5.50 acres, and purchased by Greater Imani Church and Christian Center. Raleigh Baptist Church relocated at the corner of Old Brownsville Road and Ellendale Road in Bartlett where Callis represented the church in its purchase of 20 acres to build their new church. Callis also sold the Moose Lodge, located at 4033 Raleigh Millington in Bartlett, which has 24 acres and approximately 20,000 sq. ft. It was purchased by Philippians Baptist Church to be used as a church and day care. He is a life member of Crye-Leike's Multi-Million Dollar Club and the Memphis Area Association of Realtors' Multi-Million Dollar Club, both recognizing his outstanding sales performance. He further was presented Crye-Leike's Circle of Excellence Award, one of the highest levels of professional and personal achievement that a sales associate of Crye-Leike can attain. Garry Maness of Shelby County ranked third among Crye-Leike's top commercial producers for 2000. Maness has been in commercial real estate for the past 10 years, specializing in investment and healthcare properties. He is a candidate member of the CCIM Institute, pursuing the certified commercial investment member (CCIM) designation. Prior to entering commercial real estate, Maness was senior vice president of Le Bonheur Health Systems for 18 years, followed by president of Adagio Trading Company, LLC for two years before joining Crye-Leike. Remaining Crye-Leike agents who were among Crye-Leike's top six commercial brokers included: Cherie Ganesh, CCIM; Mack Browder, CPA and Tucker Beck, CCIM. Cherie Ganesh, CCIM of Shelby County has been in commercial real estate since 1992 and in real estate development since 1982, specializing in restaurants, retail, land and hotel/motel with an emphasis in site selection, buyer/tenant representation and sales. She holds a commercial broker's license in Tennessee, Mississippi and Arkansas as well as holds the certified commercial investment member (CCIM) designation conferred by the CCIM Institute. Ganesh is vice president and president-elect of the Memphis Metro Chapter of the CCIM Institute where she is also involved at the national committee level. She is also an active member of the Commercial/Investment Committee of the Memphis Area Association Realtors. Mack Browder, CPA, of Shelby County has been in commercial real estate for nine years. He specializes in selling operating businesses as well as shopping centers, office buildings, motels and industrial properties. Prior to joining Crye-Leike, Browder was in public accounting for 18 years. His professional affiliations include being a member of the Memphis Area Association of Realtors, Tennessee Association of Realtors and National Association of Realtors. Tucker Beck, CCIM of Shelby County has been in commercial real estate for the past seven years and holds the certified commercial investment member (CCIM) designation from the CCIM Institute. He specializes in office, retail, land and small industrial brokerage, plus downtown Memphis leasing and sales. Prior to entering the real estate industry, Beck was a Series 3 commodities broker, selling managed futures. He is a life member of Crye-Leike's Multi-Million Dollar Club and is currently the fourth year director of the Memphis Area Association of Realtor's Multi-Million Dollar Club, both of which recognize his outstanding sales performance. Professionally, he is a member of the Memphis Association of Realtors where he serves as vice chairman of its Realtor Political Action Committee and also holds memberships with the Tennessee Association of Realtors and National Association of Realtors.  

Nashville, Tenn. - Paul Jones of Crye-Leike Commercial in Nashville was recently recognized as the company's top commercial producer in the Greater Nashville area for 2000 based on his year-end volume of transactions sold or leased. Crye-Leike Commercial also presented the second highest commercial producer award for 2000 to Pat Waggoner, followed by Brenda Bittles who placed third. Jones' sales achievements brought him further recognition from the Greater Nashville Association of Realtors where he was recently presented a Gold Commercial Award of Excellence for his qualifying production, one of only 33 agents recognized. Paul Jones of Nashville has been with Crye-Leike Commercial for seven years as a broker and specializes in commercial sales and leasing. Prior to entering the real estate industry, he was an owner and operator of Jones Oil Properties, Inc. in Oklahoma City, Okla. for 14 years where he specialized in securing investors for oil, gas and mineral drilling operations and negotiating leasing contracts. Within his community, Jones serves as chairman of the Allocations Committee for the board of trustees of Nashville Tech and president of the Alumni Association for the University of Oklahoma, Nashville Chapter. Pat Waggoner of Nashville focuses on commercial real estate sales and brings to Crye-Leike over 26 years of experience in financial management. He was chief financial officer and treasurer of Folk-Jordan, Better Homes & Gardens before joining Crye-Leike Commercial in June 1999 when Crye-Leike acquired Folk-Jordan. Prior to that, he was manager of financial operations for 22 years with Genesco, Inc., a Fortune 500 company that was a manufacturer, wholesaler and retailer of footwear. Brenda Bittles of Nashville has been a commercial broker for the past 14 years, specializing in office, industrial and land sales and leasing. She is a member of the Middle Tennessee Chapter of the Certified Commercial Investment Managers (CCIM). Politically active within her community, Bittles served for the past four years as president of First Tuesday Club, a Republican business club in downtown Nashville. She was selected Statesman of the Year in 1999 by the Tennessee Republican Party, was a Tennessee delegate to the Republican National Convention in 2000 and was elected as one of two delegates from Tennessee to serve on the Republican National Convention's Credentials Committee. She also served as event chairman for the Leukemia Society of America's Man & Woman of the Year Award in 2000. Crye-Leike Commercial, a division of Crye-Leike, is a full service commercial real estate company offering business and investment real estate services from its three regional commercial offices in Memphis, Nashville and Chattanooga. Combined, the three regional divisions completed over $ 87.2 million in property sales and lease volume in 2000. Its commercial brokers and affiliate brokers, which total 58 company wide, have an 18-year history of providing comprehensive real estate assistance, including commercial sales, leasing and buyer representative services. Crye-Leike (www.crye-leike.com) is the largest real estate company in Tennessee and the Mid-South with a network of over 52 branch offices, 2,100 sales associates and over 480 employees. As a privately held company, it attained sales of nearly $3 billion corporatewide in 2000, the second best year in the company's 23-year history. Nationally, Crye-Leike is ranked No. 10 among the nation's top 500 residential real estate brokerage firms, as reported in May 2000 by REAL Trends Magazine.  

Memphis, Tenn. - Jane D. Harris of Memphis has been named director of new business relations for Crye-Leike Property Management in Memphis, Tenn., a division of Crye-Leike, Inc. which offers leasing and management services for commercial and residential properties in Shelby, Fayette and Tipton counties. In this newly established position, she will be responsible for implementing marketing strategies to broaden the customer base in the Greater Memphis area. Harris, a licensed real estate broker in Tennessee, Florida, Georgia and North Carolina, has 18 years of professional leasing and management experience, having leased and managed over 5.5 million square feet of office and retail space. She has five years' experience in the closing of commercial loans in the title insurance business. For the past 10 years, Harris served as partner and owner of Property Network, a real estate company in Charlotte, North Carolina. There she brokered commercial real estate, directed leasing of downtown properties which included warehousing and high-rise office buildings, and parceled vacant lands for the purpose of real estate developments. Harris is a member of the Memphis Area Association of Realtors, Tennessee Association of Realtors, National Association of Realtors and National Association of Home Builders. Crye-Leike (www.crye-leike.com), the largest full service real estate company in Tennessee and the Midsouth, is ranked No. 10 in the nation, by REAL Trends Magazine, with over $3 billion in sales in 1999. It has over 2,100 sales associates who operate in 45 branch offices located in 17 counties throughout a four-state Mid-South region: Tennessee (Chattanooga, Johnson City, Memphis, Nashville), Arkansas (Jonesboro, West Memphis), Mississippi (Hernando, Olive Branch, Southaven) and Georgia (Fort Oglethorpe). Crye-Leike also has six franchise offices in New Albany, Oxford and Tupelo, Miss., Blytheville, Ark., and Monteagle and Pickwick Dam, Tenn.  

Johnson City, Tenn. - Crye-Leike, the largest real estate company in Tennessee and the Mid-South, has established its fourth regional commercial office company wide in Johnson City, announced Harold E. Crye, chief executive officer. Crye-Leike Commercial - Business & Investment Real Estate, a division of Crye-Leike, is a full service commercial real estate company offering business and investment real estate services from its four regional commercial offices in West Tennessee (Memphis), Middle Tennessee (Nashville), Southeast Tennessee (Chattanooga) and now Northeast Tennessee (Johnson City.) Its three regional divisions in Memphis, Nashville and Chattanooga completed over $87.2 million in property sales and lease volume in 2000. Its commercial brokers and affiliate brokers, which total 58 company wide, have an 18-year history of providing comprehensive real estate assistance, including commercial sales, leasing and buyer representative services. Crye-Leike Commercial's newest division is located in Crye-Leike's Johnson City branch office at 128 Princeton Road. David Lefemine of Johnson City, Tenn. has been named commercial manager of Crye-Leike Commercial - Business & Investment Real Estate in Johnson City. Lefemine, a managing broker, has over 21 years of real estate experience in residential and commercial sales as well as planning and zoning. He is an active member of city government, serving as a commissioner on the Johnson City Regional Planning Commission and a director on the Community Development Advisory Board. Lefemine currently is chairman of the Johnson City Building for the Future Task Force, responsible for comprising a new zoning ordinance for affordable housing to be built in the city. He also served a six-year term on the board and past chairman of Zoning Appeals for Johnson City. Professionally, Lefemine is a member of the National, Tennessee and Northeast Tennessee Association of Realtors, formally the Johnson City Association of Realtors. He was past president of the Johnson City Association of Realtors in 1988 and was awarded Realtor of the Year by the association in 1986. He also served as past vice president of the Johnson City Area Home Builders Association in 2000. Crye-Leike (www.crye-leike.com), a full service real estate company for 25 years, is the nation's 13th largest real estate company and the largest serving Tennessee and the Mid-South. It has a network of over 2,200 sales associates and 55 branch and franchise offices located in 25 counties throughout a five-state Mid-South region in Tennessee, Arkansas, Kentucky, Mississippi and North Georgia. Crye-Leike attained sales of $2.9 billion and 20,406 closed transaction sides corporate wide in 2000.  

Johnson City, Tenn. - David Lefemine of Johnson City, Tenn. has been named commercial manager of Crye-Leike Commercial - Business & Investment Real Estate in Johnson City, Crye-Leike's newest commercial division and its fourth regional commercial office company wide, announced Harold E. Crye, chief executive officer of Crye-Leike, the largest real estate company in Tennessee and the Mid-South. The office is located in Crye-Leike's Johnson City branch office at 128 Princeton Road. Crye-Leike Commercial, a division of Crye-Leike, is a full service commercial real estate company offering business and investment real estate services from its four regional commercial offices in West Tennessee (Memphis), Middle Tennessee (Nashville, Chattanooga) and now East Tennessee (Johnson City.) Its three regional divisions in Memphis, Nashville and Chattanooga completed over $87.2 million in property sales and lease volume in 2000. Its commercial brokers and affiliate brokers, which total 58 company wide, have an 18-year history of providing comprehensive real estate assistance, including commercial sales, leasing and buyer representative services. Lefemine, a managing broker, has over 21 years of real estate experience in residential and commercial sales as well as planning and zoning. He is an active member of city government, serving as a commissioner on the Johnson City Regional Planning Commission and a director on the Community Development Advisory Board. He currently is chairman of the Johnson City Building for the Future Task Force, responsible for comprising a new zoning ordinance for affordable housing to be built in the city. He also served a six-year term on the board and past chairman of Zoning Appeals for Johnson City. Professionally, Lefemine is a member of the National, Tennessee and Northeast Tennessee Association of Realtors, formally the Johnson City Association of Realtors. He was past president of the Johnson City Association of Realtors in 1988 and was awarded Realtor of the Year by the association in 1986. He also served as past vice president of the Johnson City Area Home Builders Association in 2000. Crye-Leike (www.crye-leike.com), a full service real estate company for 25 years, is the nation's 13th largest real estate company and the largest serving Tennessee and the Mid-South. It has a network of over 2,200 sales associates and 55 branch and franchise offices located in 25 counties throughout a five-state Mid-South region in Tennessee, Arkansas, Kentucky, Mississippi and North Georgia. Crye-Leike attained sales of $2.9 billion and 20,406 closed transaction sides corporate wide in 2000.  

Nashville, Tenn. - Construction has begun on an 18,340 square foot storage and distribution center for Crye-Leike, Realtors to provide centralized storage for maintaining its records, which are required by the Tennessee Real Estate Commission to be stored for a period of time, and for its signage. The Nashville facility, owned by Harold E. Crye, chief executive officer of Crye-Leike, is located within an industrial park on Trousdale Drive, one block north of Grassmere Park Road. Crye's investment in land and improvements will exceed $1 million. "Only 15 percent of the distribution center will be utilized by Crye-Leike, with the remaining 85 percent to be leased to third parties," notes Keith Rosenblum, president of Crye-Leike Commercial & Property Management in Brentwood. Zoned for combined use, the space will be divided to accommodate tenants as small as 1,400 square feet or up to 16,000 square feet. The center offers flex space with an office front, warehouse distribution in the back as well as grade level rear access. "It is a perfect design for a company needing a combination of office and showroom space or for a company that does installations," said Crye. The facility will be constructed of metal with a Dryvit exterior and some masonry in front. Ragan-Smith Associates Inc. of Nashville, Tenn. is serving as engineer for the project with Crye-Leike Commercial & Property Management as the developer. The Robert S. Biscan Company of Brentwood is the general contractor and Southtrust Bank NA is the project's lender. Projected date of completion is April 2001. Crye-Leike Commercial & Property Management is a division of Crye-Leike (www.crye-leike.com), the largest real estate firm in Tennessee and the Mid-South. Independently owned and operated, Crye-Leike's sales volume of $3.3 billion in 1999 ranked it No. 10 among the nation's top 500 residential real estate brokerage firms and No. 3 among the nation's largest 161 privately owned independent real estate companies, as reported in May 2000 by REAL Trends Magazine. Crye-Leike of Nashville Inc. has 19 branch offices in eight counties in Middle Tennessee: Davidson, Maury, Montgomery, Robertson, Rutherford, Sumner, Wilson and Williamson counties, with its commercial and property management divisions located in Brentwood.  

Brentwood, Tennessee - What started as a simple transaction for Crye-Leike Commercial & Property Management to assist an out-of-town home owner in leasing his Brentwood house has led to plans for the revitalization of Lebanon's oldest industrial landmark, Tennessee Woolen Mills. The 90-year-old mill, owned by Pillowtex of Dallas, Texas, was sold to Michael Echevarria, a Brentwood businessman and labor consultant who helps keep companies union-free, on May 17, 2000 for $600,000. The Wilson County property, located at 218 North Maple Street, was valued at over $1 million. Echevarria plans to convert the mill's 200,000 square-feet of usable space into a unique shopping and entertainment complex, called The Mill at Lebanon, Tenn., that will house eclectic retail shops, restaurants and offices as well as community events for a wide range of interests and ages. Associates Randall Hall and Pat Waggoner of Crye-Leike Commercial & Property Management, agents who assisted in the transaction, recount the story of The Mill at Lebanon, Tenn. emerged. " One day, Mr. Echevarria was casually telling one of his family's long-time industrial park tenants in Los Angeles, Ca., Pillowtex, a tenant for 20 years, that he had recently leased his home in Brentwood, Tenn.," recounts Hall. "Pillowtex had a dormant mill in Lebanon, Tenn. and began encouraging Mr. Echevarria and his Crye-Leike commercial agents to look at the Tennessee mill to determine the best use of the building." Echevarria said he looked at the property for nine months to a year and decided to take a "calculated risk" to develop the property. "It was a community effort of Crye-Leike Commercial working with the city of Lebanon and its mayor, Don Fox, to analyze exactly what the needs of the community were," said Waggoner. "We knew that leased retail and office space in downtown Lebanon was used to capacity," said Hall. "And there sitting was a building not utilized to its fullest that also held an historical significance to its community." The idea to turn the factory into The Mill at Lebanon, Tenn. was inspired by The Factory in Franklin which was an old mattress factory, said Hall. The Lebanon Woolen Mills was established in 1908 and was the only large industrial employer in Lebanon at that time. The mill produced fine wool and synthetic blankets, and invented the electric blanket. Dallas-based Pillowtex Corp. shut down the mill more than two years ago. "The mill made blankets for the armed forces during World War II," said Linda Hackett, Crye-Leike associate who is handling promotions and tours of the project. "It has a warm spot for a lot of people who were employed by this mill. To see it kept in its original state would mean a lot to this community." Shopping space will utilize 80,000 sq. ft., with leasing space starting at 500 sq. ft. and up. "The owner wants The Mill to continue to be a part of the community by featuring small specialty shops and restaurants that don't compete with the outlet mall or the antique shops on Lebanon Square," said Waggoner, who, along with Hall, are handling the leasing of the building space. "Chains and brand-driven stores will not be solicited." Renovation has begun and includes opening the second floor of the main building to the first floor "to give the building a more open feel, " said Waggoner. Long term plans include utilizing over 40,000 square feet for event footage, which would be divided into two areas, made available for civic meetings, wedding receptions, or other large public gatherings. Echevarria said efforts are under way to secure The Mill at Lebanon, Tenn. on the National Register of Historic places. "The flavor of the old mill will remain by keeping the facade and structure in tact. We also plan to display a few of the industrial machines used to make blankets, and restore the old boiler whistle that was used to call people to work and to end the work day. " The Mill at Lebanon, Tenn. rests on approximately 15 acres of land on North Maple Street which is two blocks north of Lebanon Square and five minutes off of Interstate 40. Crye-Leike Commercial & Property Management is a subsidiary of Crye-Leike, Inc., REALTORS?. Located in Brentwood, Tenn., Crye-Leike Commercial & Property Management specializes in commercial, residential, apartment and homeowner association property management as well as brokerage, development banking and construction management services. Crye-Leike, Inc. is a privately owned independent real estate firm with over 2,100 real estate associates who operate in 47 branch offices, located in 17 counties and four regional areas, Chattanooga, Johnson City, Memphis and Nashville, along with select Crye-Leike offices in Arkansas, Mississippi and North Georgia. Crye-Leike is ranked No. 10 in the nation among the top 500 residential real estate brokerage firms and No. 3 among the nation's largest 161 privately-owned independent real estate companies, as reported in May 2000 by Real Trends Magazine.