Real Estate: Commercial Developers

When it’s time to buy or sell a house or rent an apartment, many Memphians seek the services of these powerhouse companies and the individuals who own or represent them. Our city is blessed with a blend of graceful old homes, elegant new abodes, and a variety of apartment dwellings, in all parts of the town and county. The real estate professionals listed here, as well as their colleagues, guide seekers through a maze of choices. These companies shape the way we live in Memphis. Their strong credentials reflect the power of the word SOLD. 

President and COO, Belz Enterprises. One of the largest commercial and industrial developers in the South. Holdings include more than 25 million square feet of developed property, including Shelby Oaks, Goodlett Farms, Appling Farms, The Peabody, Peabody Place, and numerous office and industrial parks. Specializes in the development and management of industrial, retail, office, and residential properties across the country. Chairman of the Board of Methodist Le Bonheur Healthcare System.

Chairman, Boyle Investment Company. Involved in multiple retail, residential, and office developments in the Mid-South. In 2007, SunTrust Bank announced its relocation from Downtown to Boyle’s Ridgeway Center, the largest office park in the region. Former Chairman of the Board of Intercollegiate Studies Institute, is an advisory council  member of the Heritage Foundation, and has previously served on the Board of Directors for Rhodes College and St. George’s Independent Schools.

Partner with Clark & Clark. Company specializes in office space, including the development of the successful Lenox Park in the Nonconnah corridor, the largest collection of Class A office space in the region. Also involved with residential projects throughout the county. Serves as Vice Chairman on the Board of Directors of the Greater Memphis Chamber and former board member of Memphis Light, Gas & Water and the Memphis Shelby Crime Commission. Received Pinnacle Award for Commercial Broker of the Year in 2004.

Partner, Farnsworth Investment Company and Holdings. Has been a real estate developer and investment builder for over 40 years. Served on the Memphis-Shelby County Airport Authority for 18 years. Former Director of National Commerce Bancorporation and SunTrust Bank. Recognition by civic and real estate groups includes Memphis Area Association of  Realtors Commercial Broker Lifetime Achievement Award and the Lambda Alpha International Excellence in Real Estate Lifetime Achievement Award.

Vice President, Highwoods Properties. B.B.A., Baylor University. Oversees a portfolio of almost two million square feet. Has more than 26 years of experience in commercial real estate. Received Pinnacle Award in 2002 and 2004 and named Commercial Broker of the Year in 2009. Certified Public Accountant LEED Accredited Professional. Member, Society of Industrial and Office Realtors, Certified Commercial Investment, and Lambda Alpha International. Board Member, Memphis Symphony Orchestra. Director, Memphis Area Association of Realtors Commercial Council. 

Owner, Michael Lightman Realty Co., a regional leader in commercial-property brokerage and land investment. Developed Shelby Business Park, a 500,000-square-foot high-end industrial park, Germantown’s Exeter Village, the Target- and Best Buy-anchored Centennial Place, the 230,000-square-foot South Lake Centre in Southaven, multiscreen movie theaters complexes for Malco Theatres, and Centennial Commons, a 300,000-square-foot retail center. Recently expanded into the Nashville area.

Chairman and CEO, Loeb Properties, Inc. B.S. and M.B.A., Southern Methodist University. Portfolio of more than 2 million square feet of retail, office, multifamily, and industrial properties in Tennessee and Mississippi. Portfolio includes more than 100 retail properties in Memphis, recognized for their architectural design. Current project in Memphis: Overton Square redevelopment. Chairman of the Board of Trustees at Memphis University School and former chair of the capital campaign at St. Mary’s Episcopal School.

Founder, Poag & McEwen Lifestyle Centers. Originated the lifestyle center concept that has redefined the retail mall. Starting in Germantown with Saddle Creek in 1987, the Company has taken the concept to California, Colorado, Connecticut, Illinois, Kansas, New Jersey, and Pennsylvania. Former Chairman Memphis Symphony Orchestra, Urban Land Institute of Memphis, Memphis Regional Design Center, and Omni Schools Charter Management Organization. Member of the Tennessee Society of Entrepreneurs.

Executive Vice President of Operations, In-Rel Properties, Inc. B.S., Business, University of Memphis. Overseeing the leasing and asset management of the company’s portfolio for professional industries. Projects include the Clark Tower, with an oversight of entire 4.5 million square feet. Holds Principal Brokers License and is a CCIM Designee. Winner of Pinnacle Award. President on the Board of Directors for the Memphis Area Association of Realtors Commercial Council. Board of Directors for the Community Forum.

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