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Editorial Results (free)

1. Deal to Improve Veterans' Health Care Costs $17 Billion -

WASHINGTON (AP) — A bipartisan deal to improve veterans' health care would authorize at least $17 billion to fix the health program scandalized by long patient wait times and falsified records covering up delays, the bill's chief supporters said Monday.

2. IBM's Watson to Help in Brain Cancer Research -

NEW YORK (AP) – IBM is teaming up with the New York Genome Center to help fight brain cancer.

The company said Wednesday that its Watson cloud computing system will be used in partnership with a New York-based genetic research center to help develop treatments for glioblastoma, the most common type of brain cancer in U.S. adults.

3. MAAR to Hold Commercial Forecast Summit Feb. 12 -

Commercial real estate experts will share their insights this week on what to expect nationally and locally in 2014.

The Memphis Area Association of Realtors’ Commercial Council will host the 2014 Commercial Property Forecast Summit Wednesday, Feb. 12.

4. Orangetheory Fitness Signs New Lease In Stonecreek -

Orangetheory Fitness has signed a lease at Stonecreek Centre at Poplar Avenue and Forest Hill-Irene Road in Germantown.

Orangetheory Fitness will occupy 3,167 square feet at the location. Orangetheory Fitness is a workout method that is broken into intervals of cardiovascular and strength training while using heart rate monitors to keep heart rates in a targeted zone to stimulate metabolism and increases energy.

5. Olymbec Acquires 13-Building Bellbrook -

Olymbec USA LLC has snatched up two more key Memphis properties, including the 1.8 million-square-foot Bellbrook industrial park.

6. Shopping Center Group Sees Retail Starting to Rally -

The Shopping Center Group is seeing activity perk up a bit in 2013 following several years of sluggishness in the local retail market due to the recent recession.

“It is definitely a lot better than it was two to three years ago. We are busier than we were then,” said Danny Buring, managing partner of The Shopping Center Group’s Memphis office.

7. By the Numbers -

John Hollinger is a familiar sight at the MIT Sloan Sports Analytics Conference, the event Dallas Mavericks owner Mark Cuban has jokingly described as Geekapalooza.

Hollinger was a panelist this past March at the most recent conference, when he was still an ESPN columnist and a few months away from being offered a job in the Memphis Grizzlies front office.

8. Gen X Inks State’s First Location on Austin Peay -

A trendy Vernon, Calif.-based retailer has inked its first Tennessee location in Austin Peay Plaza.

Gen X Clothing Inc. signed a 35,000-square-foot lease at 3252 Austin Peay Highway. The space was formerly occupied by Big Lots.

9. Former Cleo Site Sells For $2.6M -

A Memphis-based buyer has bought more than 1 million square feet formerly occupied by Cleo Inc. gift-wrapping company in Airport Industrial Park Section A for less than two-thirds of the listing price.

10. Benz Repair Shop to Open On Cooper St. -

A high-end automobile maintenance and repair shop soon will be added to Cooper-Young’s booming portfolio of local businesses.

Shane Herbers, founder of Midtown Motor Werks, has leased 5,000 square feet at 795 S. Cooper St. from Richard Sullivan.

11. Trane Signs Lease on Tradeport Drive -

Trane U.S. Inc. has finalized its 625,000-square-foot industrial lease in Southeast Memphis after the deal process initially began in January 2011.

12. Former Southaven Schnucks Leased to Superlo -

The former Schnucks supermarket building at 975 Goodman Road in the Southaven Commons shopping center has been leased to Stepherson’s Superlo Foods.

13. Former Southaven Schnucks Leased to Superlo -

The former Schnucks supermarket building at 975 Goodman Road in the Southaven Commons shopping center has been leased to Stepherson’s Superlo Foods.

14. Nissan North America Renews Lease In SE Shelby -

Nissan North America Inc. has renewed its 413,000-square-foot lease in Southeast Shelby County.

15. JLS Enterprises Buys SE Market Warehouse -

A 51,000-square-foot industrial building in the Southeast submarket has traded hands. JLS Enterprises LLC purchased 4021 Delp St. in Airport Industrial Park for $850,000. The warehouse currently houses Coca-Cola Enterprises Inc. and is 100 percent occupied.

16. CRE Retail Duo Finds Success In Pairs -

About eight years ago, The Shopping Center Group LLC began encouraging its agents to work on deals in teams.

17. Hacks Cross Center Sells For $1 Million -

A shopping center in the Southeast submarket has traded hands. AAK Ventures LLC acquired the 10,500-square-foot Players Crossing Retail Center, 3285 Hacks Cross Road, from BancorpSouth for $1 million.

18. MBIN Signs New Lease At Bellbrook Park -

A Memphis-based wholesaler of collectable items has signed a new industrial lease in the Southwest submarket.

MBIN Global Inc. has signed a new lease for 26,250 square feet at Bellbrook Industrial Park, 1004 Brooks Road.

19. Hickory Hill Apartments Sell for $10M -

Three apartment communities in the Hickory Hill Road/Knight Arnold Road area have sold for a combined price of $10 million.

Tommy Bronson III and Blake Pera with CB Richard Ellis Memphis’ multifamily division represented Hallmark Capital in the sale to Bellevue, Wash.-based Emerald Apartment Group. Wilson Management Inc., the managing entity behind Emerald Apartment Group, will retain and manage the properties.

20. Family Dollar Signs 2 Leases for Stores -

Family Dollar has signed a 12,000-square-foot lease at 2754 Lamar Ave. Shawn Massey, partner with The Shopping Center Group LLC, represented the tenant. Harold Blockman with Keller Williams Realty Inc. represented the landlord, Chong K and Dul S. Pae.

21. Pacific Logistics Picks Olive Branch for Hub -

Pacific Logistics Corp. has signed a lease for its first Memphis-area location, which will serve as a regional hub for the company’s growing shoe and retail business.

22. Conway Services Moves to Cordova -

Conway Services Heating, Cooling & Plumbing has signed a new lease to accommodate space for its growing service team.

Conway Services is moving from 6426 Summer Gale Drive in Memphis near Bartlett to a warehouse on 1220 Big Orange Road in Cordova.

23. Pet Hospital Signs Lease at Corner Shops -

A new pet hospital is among the most recent tenants at The Corner Shops of Canada Road.

The Lakeland Pet Hospital signed a new 3,850-square-foot lease in the 32,500-square-foot center, at the northwest corner of U.S. 64 and Canada Road in Lakeland.

24. Construction On Rise in West Memphis -

One of only two retail developments on tap this year in West Memphis is on the verge of breaking ground.

Marketplace Development LLC closed last week on 3.11 acres in the shadow of Wal-Mart Super Center in West Memphis, where the group plans to build a 29,340-square-foot retail center.

25. Archived Article: Memos - Promus Names Norman P Norman P. Blake Jr. has been named chairman, president and chief executive officer of Promus Hotel Corp. Blake is the former chairman, president and CEO of USF&G Corp. and former chairman and CEO of Heller International Cor...