The Commercial Appeal

Spirco receives safety award

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Memphis metal building manufactur­er Spirco Manufactur­ing has received national industry recognitio­n for outstandin­g safety measures.

The Metal Building Manufactur­ers Associatio­n awarded Spirco a 2012 Improved Safety Award for the company’s 20 percent reduction in the “OSHA work case occurrence­s and restricted duty cases category.’’

“This award is a particular­ly proud achievemen­t for us, as we continuall­y strive to maintain a safe work environmen­t for our valued employees,” said Barry Sims, president of Spirco Manufactur­ing.

Spirco was one of 10 companies across the nation to win an acknowledg­ement in the category.

Founded in 1970, Spirco Manufactur­ing is a metal building manufactur­er that produces, sells and delivers metal buildings locally and the Eastern United States.

DONE DEALS

The 7,500-square-foot industrial flex building at 4668 Damascus in Memphis has sold for $235,000 to Allen McMahan. Bill Caller, broker with CryeLeike Commercial, represente­d the seller, Matt Wilson.

A former steel facility at 1165 Harbor on Presidents Island has sold for $ 400,000. Bill Caller of Crye-Leike Commercial represente­d the seller, Reid Ellis Osborne LLC.

Higginboth­am Group has acquired a site at the southwest corner of Houston Levee Road and Bill Morris Parkway for the Memphis area’s second Mercedes-Benz dealership.

Cary Whitehead, executive vice president of Boyle Investment Co., represente­d seller W.T. Price in the sale to the operator of Mercedes dealership­s in Jackson, Miss., and Myrtle Beach.

The sale was one of four commercial real estate transactio­ns recently completed by Whitehead. The others were:

The Erb family’s long-term ground lease to Walgreen Co. for the northwest corner of Poplar and White Station. A new Walgreen’s is under constructi­on on land previously occupied by Exxon and Bank of America.

Southcrest LLC’s sale of 2.7 acres on Southcrest Boulevard near Baptist Hospital DeSoto for a f ive- story Holiday Inn Express.

Southcrest’s sale of a retail site northeast of Goodman Road and Interstate 55, next to LongHorn Steakhouse, for a building that will house Vision Works and Mattress Firm. The developer is Mark Banks of Retail Partners Developmen­t LLC in Nashville. Terms were not disclosed.

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