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••• LRC Properties has purchased 4926 Southridge Blvd. in Memphis. The 640,000 s/f building, also known as the Technicolor Building, is LRC Properties’ first property in the Memphis, TN, marketplace. Brian Califf of NAI Saig Company brokered the sale. LRC Properties owns approximately four million square feet of commercial properties in the Southeast. ANDREW LICHTENSTEIN ••• LichtensteinRE announced the sale of Congers Colonial Plaza Shopping Center located at 285 North Route 303 in Congers, New York, for $4 million. Andrew Lichtenstein represented the seller and negotiated a 4% fixed rate interest only 60% $2,400,000 loan to purchase price first mortgage. The buyer invested $1,600,000 from his 1031 exchange. Built in 1997, the shopping center contains 15 stores plus nine interior enclosed garage/warehouse/storage spaces with 6.5 ft. overhead doors in the rear. The property was 67% occupied at closing. Situated close to the interse ....