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Editorial Results (free)

1. Accredo Health Adding 50 Jobs in Memphis -

Accredo Health Group Inc. will add dozens of jobs in Memphis by the end of 2014.

Accredo, a subsidiary of Express Scripts Holding Co. that has around 1,500 jobs locally, will add 50 new jobs at its Century Center campus in Memphis by the end of the year.

2. Accredo Health Adding 50 Jobs in Memphis -

Accredo Health Group Inc. will add dozens of jobs in Memphis by the end of 2014.

Accredo, a subsidiary of Express Scripts Holding Co. that has around 1,500 jobs locally, will add 50 new jobs at its Century Center campus in Memphis by the end of the year.

3. Accredo Adding 50 Jobs in Memphis -

Accredo Health Group Inc. will add dozens of jobs in Memphis by the end of 2014.

Accredo, a subsidiary of Express Scripts Holding Co. that has around 1,500 jobs locally, will add 50 new jobs at its Century Center campus in Memphis by the end of the year.

4. Stonebridge Crossing Sells for $29.8 Million -

9135 Morning Ridge Road
Memphis, TN 38016
Sale Amount: $29.8 million

Sale Date: Sept. 11, 2014
Buyer: IRT Stonebridge Crossing Apartments Owner LLC
Seller: AB Merion Stonebridge LLC
Details: The 500-unit Stonebridge Crossing apartment complex in Cordova has traded hands.

5. Century Center Land Sold for $1.5 Million -

A group affiliated with Memphis-based Boyle Investment Co. has sold a large chunk of vacant land on Whitten Road near Interstate 40.

6. HipD: Donelson Finds Its Cool Side -

The tag “Hip Donelson” evoked plenty of snickers, eye rolls and snarky comments when it first appeared. After all, the local joke goes, Donelson’s known for hip replacements – not hipsters.

7. Century Center Land Sells for $1.5 Million -

A group affiliated with Memphis-based Boyle Investment Co. has sold a large chunk of vacant land on Whitten Road near Interstate 40.

8. Bloodworth: Greenways Increasing Residential Values -

The Memphis region’s existing 50 miles of greenways, paths and trails are responsible for some increase in property values, particularly residential property, says Rusty Bloodworth, vice president of Boyle Investment Co. and past chairman of the Urban Land Institute’s Memphis chapter.

9. Changing Landscape -

A “high-end” grocery store chain not currently serving the Memphis market has leased the shuttered former Kroger store at 9050 U.S. 64 in Lakeland and should open in the spring, according to a Lakeland official.

10. Memphis Multifamily Sector on Firm Ground -

It was 2008 and Memphis-based Makowsky Ringel Greenberg had just acquired a swath of property inside Boyle Investment Co.’s master planned Schilling Farms community in Collierville for a new multifamily development.

11. Lot Shortage Poses Next Roadblock -

Local homebuilders say a dearth of developed lots is slowing down the new housing rebound, weighing down an industry still trying to drag itself out of the rubble left by the worst recession in decades.

12. Boyle Starts New Phase at Spring Creek Ranch -

Activity at Boyle Investment Co.’s Spring Creek Ranch has continued this year with multiple phases of construction as it develops a total of 340 lots over the next decade.

13. Building Community -

The Carrington at Schilling Farms looks like an apartment community you might find in Downtown Memphis or a town square, but the development – Boyle Investment Co.’s first apartment project in more than 30 years – is in the heart of Collierville.

14. Ugwueke Named Methodist Le Bonheur President -

Michael O. Ugwueke has been named president and chief operating officer of Methodist Le Bonheur Healthcare, as well as president and CEO of Methodist Healthcare Memphis Hospitals. In his new role, Ugwueke will be responsible for strategic management of the operations of six hospitals within the Methodist Le Bonheur Healthcare system, as well as other key corporate functions.

15. Loeb Midtown Center Now Fully Leased -

Loeb Properties’ Belvedere Collection on Union Avenue in Midtown is 100 percent leased.

Agilitas USA Inc., operating as Results Physiotherapy, signed a new lease for 2,280 square feet in Suites 105-106 at the retail strip center.

16. Stephens Joins Maintenance Team at Commercial Advisors -

Timothy Stephens has joined Cushman & Wakefield/Commercial Advisors as a maintenance mechanic at One Commerce Square. In his new role, Stephens will performing plumbing, painting and general maintenance services.

17. Regalia to Host ‘Festive Night Out’ -

Regalia Shopping Center at Poplar Avenue and Ridgeway Road is hosting A Festive Night Out on Thursday, Dec. 5, from 4:30 p.m. to 8 p.m.

Shoppers can take advantage of extended holiday shopping hours and enjoy caroling by DeltaCappella, complimentary refreshments, a wine tasting at Great Wines & Spirits and a drawing for a $250 gift certificate to use at any of Regalia’s shops and restaurants. In addition, Santa will be strolling throughout the center, handing out candy.

18. Regalia to Host 'Festive Night Out' -

Regalia Shopping Center at Poplar Avenue and Ridgeway Road is hosting A Festive Night Out on Thursday, Dec. 5, from 4:30 p.m. to 8 p.m.

Shoppers can take advantage of extended holiday shopping hours and enjoy caroling by DeltaCappella, complimentary refreshments, a wine tasting at Great Wines & Spirits and a drawing for a $250 gift certificate to use at any of Regalia’s shops and restaurants. In addition, Santa will be strolling throughout the center, handing out candy.

19. East Memphis Office Market Continues To Tighten -

Class A office space in East Memphis continues to be a strong performer thanks to the convenience and quality of buildings radiating from the Poplar/Interstate 240 intersection.

“East Memphis is a real bright spot regionally because if you look at the overall Memphis market it is a bit flat,” said Kemp Conrad, president of Cushman & Wakefield/Commercial Advisors Asset Services. “The East submarket, especially with Class A space, is very strong and dynamic, with strong tenants and strong institutional ownership.”

20. East Memphis Office Market Continues to Tighten -

Class A office space in East Memphis continues to be a strong performer thanks to the convenience and quality of buildings radiating from the Poplar/Interstate 240 intersection.

“East Memphis is a real bright spot regionally because if you look at the overall Memphis market it is a bit flat,” said Kemp Conrad, president of Cushman & Wakefield/Commercial Advisors Asset Services. “The East submarket, especially with Class A space, is very strong and dynamic, with strong tenants and strong institutional ownership.”

21. Mock Development Pitches Presented to Investors -

At first glance, the four sharks seemed pretty intimidating.

They sat in a row and watched the men in front of them with interest, weighing their options, considering their plans of action.

Then one of them cracked a joke and took a long pull out of a bottle of Bud Light and the mood lightened considerably.

22. Boyle Sells More Lots at Spring Creek Ranch -

After an initial offering went so well earlier this year, a group of area homebuilders has acquired 17 more lots at The Village at Spring Creek Ranch from Boyle Investment Co.

23. Loeb Enjoying Strong Demand in East Memphis -

Pomp & Poise, a new gift store concept specializing in home and garden items, has signed a new lease at Park Place Center.

Pomp and Poise will occupy 1,400 square feet at the East Memphis retail center at the southwest corner of Park Avenue and Ridgeway Road.

24. Propelling City Forward Bloodworth’s Design Goal -

As he grew up in Memphis, Russell E. “Rusty” Bloodworth was fascinated by art, design and the use of space.

As a young boy his appetite for creation – through art and using household materials to build little communities – grew.

25. Boyle Honors Past at 80th Anniversary Celebration -

If it seems like the Boyle family has played a key role in Memphis since the city was founded, it’s because it has.

A Boyle family ancestor, John Overton, founded Memphis in 1819 along with James Winchester and Andrew Jackson. In the early 1900s, Edward Boyle developed Belvedere Boulevard, which remains one of the city’s most elegant arteries.

26. MRG Breaks Ground on Schilling Farms Apartment Complex -

Memphis-based Makowsky Ringel Greenberg LLC is launching a new apartment community at Schilling Farms.

27. June 7-13: This week in Memphis history -

1973: On the front page of The Daily News, the Shelby Farms Development Board voted to back the sale of the 2,000-acre site of the old Shelby County Penal Farm to Rouse Co. of Columbia, Md., and Boyle Investment Co. of Memphis for development of the land as a residential community. The action went to the Shelby County Quarterly Court. The land is now Shelby Farms Park.

28. Boyle Helps Reach Harahan Funding Goal -

The city of Memphis has raised the matching funds to build the “Main to Main Connector” thanks to local donations, the latest of which is $50,000 from Memphis-based Boyle Investment Co.

29. Boyle Donates $50,000 To Main-To-Main Project -

The city of Memphis has raised the matching funds to build the “Main to Main Connector,” the $29.7 million project designed to link Main Street Memphis to Broadway Avenue in West Memphis via a boardwalk for bicyclists and pedestrians on the north side of the Harahan Bridge straddling the Mississippi River.

30. Bryce to Keep 318 Workers in Memphis -

A packaging maker for retail brands like Frito-Lay and General Mills is getting a tax incentive worth $3 million to keep 318 workers in Memphis and add 95 new employees as part of a $21 million expansion here.

31. Boyle Celebrates 80 Years, Sponsors Art Exhibit -

Boyle Investment Co. turns 80 this year, and has partnered with the Memphis Brooks Museum of Art to celebrate.

32. Apperson Crump Expands in Triad III -

Memphis’ oldest continuously practicing law firm is expanding its presence in Triad III.

Apperson Crump PLC added 2,037 square feet to its seventh floor space in a vacant adjacent area between Silverleafe Capital Partners LLC.

33. Boyle Sells Lots at Spring Creek Ranch -

Boyle Investment Co. sold 10 lots at Spring Creek Ranch to a newly formed builder group and construction soon will commence on the next phase of development at The Village at Spring Creek Ranch, an upscale, master-planned community off Raleigh-LaGrange Road.

34. Boyle Sells Lots at Spring Creek Ranch -

Boyle Investment Co. has sold 10 lots at Spring Creek Ranch to a newly formed builder group.

Construction soon will commence on the next phase of development at The Village at Spring Creek Ranch, an upscale, master-planned community off Raleigh-LaGrange Road.

35. Capital Gains Tax Could Hurt Local Real Estate -

When investor/developer Phil Woodard sells his warehouse at 138 St. Paul Ave. in the South Main Historic Arts District to nonprofit ArtSpace this year for $850,000, he’ll be handing over $3,500 from his proceeds to the federal government.

36. Boyle Investment Co. Promotes Seven Executives -

Boyle Investment Co. has promoted seven senior level executives.

Paul Boyle has been promoted to president, replacing Henry Morgan, who served as Boyle’s president from 1985 to 2012, and will now serve as co-chairman with Bayard Boyle Jr. This marks a major change for Boyle, as Paul Boyle represents the third generation of the family taking over as president, where he will oversee all company operations.

37. Boyle Investment Co. Promotes Seven Executives -

Boyle Investment Co. has promoted seven senior level executives.

Paul Boyle has been promoted to president, replacing Henry Morgan, who served as Boyle’s president from 1985 to 2012, and will now serve as co-chairman with Bayard Boyle Jr. This marks a major change for Boyle, as Paul Boyle represents the third generation of the family taking over as president, where he will oversee all company operations.

38. Sekisui, Circa to Relocate Spaces -

Two East Memphis restaurants soon will have new addresses. 

Sekisui is moving from its original location in the Shops of Humphreys Center, 50 Humphreys Blvd., into Circa by John Bragg’s space in Regalia Shopping Center at 6150 Poplar Ave., suite 122. Circa plans to relocate west to Chickasaw Crossing, 2855 Poplar, in the space where Ronnie Grisanti’s restaurant operated for years.

39. Crews Development Files $1.9 Million Construction Loan -

Crews Development LLC has filed a $1.9 million construction loan through Triumph Bank for 23.74 acres of land in Collierville.

40. CashSaver Trades Hands for $3.2 Million -

The CashSaver in Midtown has traded hands. 

Kansas City, Kan.-based Super Market Developers Inc. bought the 69,017-square-foot building at 1620 Madison Ave. at Avalon Street from 1620 Madison LLC for $3.2 million. Fred Monks III, president/chief manager of 1620 Madison LLC, signed the special warranty deed.

41. Brooks Brothers Relocating to Saddle Creek -

High-end clothier chain Brooks Brothers plans to open a new location at The Shops of Saddle Creek West in Germantown.

The New York City-based retailer will open in 7,500 square feet of space at 7509 Poplar Ave. by early June, taking over the two suites formerly occupied by Indigo and Talbots Men’s. Indigo last month relocated and expanded two spaces down into the old Natural Body Spa & Shoppe space.

42. MED Buys East Memphis Land for $3.4 Million -

6525 Quince Road Memphis, TN 38119

Sale Amount: $3.4 million

Sale Date: Nov. 16, 2012

43. NAI Saig Well-Positioned for Real Estate Rebound -

Commercial real estate is making a strong come back for one Memphis brokerage firm as previously shelved projects come roaring back to life.

Edward Saig said that a rise of activity in 2012 demonstrates the ability of banks to lend in an era of tight regulation.

44. Gallina Centro Property Sells for $7.1 Million -

An affiliate of the Phoenix-based real estate investment trust Cole Capital Advisors Inc. has paid $7.1 million for the portion of the Gallina Centro strip center in Collierville that houses HomeGoods and Michael’s.

45. Boyle Buys Spring Creek Ranch Acreage -

Boyle Investment Co. through its subsidiary SCR Bravo Investments LLC has purchased the remaining 168 acres of land at Spring Creek Ranch in Collierville for $4.3 million.

46. Willow Oaks Apartments Sell for $1.5 Million -

2429 Ketchum Road Memphis, TN 38114

Sale Amount: $1.5 million

Sale Date: Nov. 2, 2012

47. Hilliard Crews Buys Land In Collierville for $4.3 Million -

Hilliard Crews Partnership has paid a combined $4.3 million for roughly 67 acres of land in Collierville from Shea Partners.

The buying partnership, composed of Hilliard R. Crews Jr. and Hilliard LLC, bought the vacant parcel in two special warranty deeds Oct. 31 from an entity composed of Boyle Investment Co. and Boyle North Co. LLC.

48. Medical Office Sector Enters Transitional Period -

As the trend for health care mergers intensifies, the city’s medical office market evolves, with some private practices consolidating into hospital systems and others relocating to better serve their patients.

49. Lululemon Athletica to Open in Regalia -

Yoga-inspired athletic apparel company Lululemon Athletica Inc. is opening its first Memphis store this week, following more than a year of market due diligence.

50. Peay Named President of Insurance Org. -

Steve Peay, senior vice president of Boyle Insurance Agency Inc., has been named as president of the Professional Insurance Agents of Tennessee.

51. Boyle’s Binkley, Thompson Awarded CNU Accreditation -

Les Binkley and Gary Thompson of Boyle Investment Co. have been awarded CNU Accreditation by The Congress for the New Urbanism on the nomination of the faculty of the University of Miami School of Architecture.

52. In-Rel Outsources Office Leasing -

In-Rel Properties Inc. has outsourced its Memphis office leasing to Cushman & Wakefield/Commercial Advisors LLC, following months of changes up top for the Lake Worth, Fla.-based real estate firm.

53. In-Rel Outsources Office Leasing -

In-Rel Properties Inc. has outsourced its Memphis office leasing to Cushman & Wakefield/Commercial Advisors LLC, following months of changes up top for the Lake Worth, Fla.-based real estate firm.

54. Boyle Insurance adds Jeff Puckett -

Jeff Puckett has joined Boyle Insurance Agency Inc. as an account executive in the Nashville area.

55. Office Market Outlook Tied to Small Biz Expansion -

Companies seeking larger blocks of office space are staying on the sidelines for the most part so far this year because of diminishing inventory in the area’s hottest submarkets of East Memphis, the Tenn. 385 corridor and Downtown.

56. Isbell Promoted to Boyle Assistant VP -

Boyle Investment Co. has promoted Jon Isbell to assistant vice president.

57. Pinnacle Awards To Honor City’s Best in CRE -

Amid the lukewarm commercial real estate climate, a little recognition goes a long way.

That’s why the Memphis Area Association of Realtors Commercial Council is well under way in planning the 11th annual Pinnacle Awards ceremony, a night dedicated to showcasing commercial real estate industry professionals in the Memphis area.

58. Land Use Board Considers More Racquet Club Space -

The Memphis-Shelby County Land Use Control Board will meet Thursday, Feb. 9, to review an application to add space at the 11.94-acre The Racquet Club of Memphis at Sanderlin and White Station roads.

59. Grinding it Out -

After most recessions, real estate bounces back.

But the Great Recession has been notably different – long, deep and very prolonged.

That’s the message Dr. John Gnuschke, director of the Sparks Bureau of Business and Economic Research and co-director of the Center for Real Estate at the University of Memphis, delivered in December at the Urban Land Institute’s Real Estate Outlook for the Mid-South.

60. Drexel Buys Presidents Is. Warehouse -

A longtime Memphis-based agricultural chemical provider has snatched up a warehouse on Presidents Island, where it already has a strong presence.

Drexel Chemical Co. purchased the 137,526-square-foot former manufacturing and distribution facility on 12 acres at 2070 and 2071 Channel Ave. on Presidents Island from HPD Properties LLC for $810,000, or $5.89 per square foot.

61. Binkley Promoted to VP at Boyle -

Les Binkley has been promoted to vice president at Boyle Investment Co.

Hometown: Memphis

62. That's a Wrap -

If the grand sweep of 2011 could be captured on celluloid and presented to an audience on the big screen, all the components of a great film would be readily apparent.

There was drama, in the form of a deluge and historic flooding that led the Mississippi River to crest at nearly 48 feet early in the year. One of the year’s big surprises saw President Barack Obama give the commencement address for the Booker T. Washington High School class of 2011 at the Memphis Cook Convention Center.

63. CRE Activity Stays Strong During 2011 -

Despite hard times, local commercial real estate firms were able to ink plenty of deals in the past 12 months.

Memphis’ industrial leasing activity kicked off in January when Buena Park, Calif.-based Pacific Logistics Corp. signed a 60,000-square-foot lease in ProLogis Park DeSoto for its first Memphis-area location.

64. Prolonged Recession -

In the words of Phil Woodard, an owner of multiple residential and commercial properties in Downtown Memphis, breaking even is the new profit.

Or as national real estate expert Jonathan Miller said earlier this month at the Urban Land Institute’s Real Estate Outlook for the Mid-South, “We cannot expect to make money the way we did a few years ago.”

65. Boyle Promotes Binkley to VP -

Boyle Investment Co. has promoted Les Binkley to vice president.

Along with overseeing day-to-day activities that pertain to Boyle’s mixed-use developments, Binkley will explore potential property acquisitions for future Boyle projects.

66. ULI 2012 Outlook: CRE Industry Slightly Better -

Next year will be slightly better for commercial real estate, but it’ll come at the cost of a shrunken industry.

That was the message an at-capacity room of bankers, investors and real estate professionals heard Tuesday, Dec. 6, at the Urban Land Institute’s Real Estate Outlook for the Mid-South, where attendees learned about facing a “long grind,” compared with last year’s theme, “an era of less.”

67. ULI 2012 Outlook: CRE Industry Slightly Better -

Next year will be slightly better for commercial real estate, but it’ll come at the cost of a shrunken industry.

That was the message an at-capacity room of bankers, investors and real estate professionals heard Tuesday, Dec. 6, at the Urban Land Institute’s Real Estate Outlook for the Mid-South, where attendees learned about facing a “long grind,” compared with last year’s theme, “an era of less.”

68. Shining Brightly -

The staff at Shelby Farms Park Conservancy is hoping Memphians will choose to make multiple visits this holiday season to First Tennessee Starry Nights, the park’s annual light show featuring enormous holiday displays illuminated with more than a million environmentally friendly LED lights.

69. ULI Event To Tackle CRE Outlook -

Most commercial real estate markets have stabilized, but improvement in occupancies and rents won’t be as certain in 2012.

That’s the message real estate professionals will receive Tuesday, Dec. 6, when the Urban Land Institute District Council Memphis hosts its fifth annual Real Estate Outlook for the Mid-South at the Holiday Inn University of Memphis’ Tennessee Ballroom, 3700 Central Ave.

70. Mercer Ready to Steer MAAR Commercial Council -

John Mercer does not take over as 2012 president of the Memphis Area Association of Realtors Commercial Council until Jan. 1, but he is already working hard planning several big MAAR events for early next year.

71. Green Shoots -

As the local commercial real estate market approaches the end of 2011, experts say it appears to be in line with national fundamentals for secondary and tertiary markets.

Shelby County commercial sales in the third quarter were the highest sales volume since Q3 2007, with $259 million, according to real estate information company Chandler Reports, www.chandlerreports.com.

72. Impact Innovations Plans Gift-Wrap Facility -

Minnesota-based Impact Innovations Inc. has applied for a tax break to help it set up a major gift-wrap production facility in Memphis.

73. Impact Innovations Plans Gift Wrap Facility in Memphis -

Minnesota-based Impact Innovations Inc. has applied for a tax break to help it set up a major gift wrap production facility in Memphis.

74. Trinity Ridge Business Ctr. Sells for $7.6 Million -

7730 Trinity Road, 7740 Trinity Road, 7750 Trinity Road, 7760 Trinity Road and 7866 Trinity Road
Cordova, TN 38018
Sale Amount: $7.6 million

75. Gallina Centro Acreage Sells for $2.1 Million -

Vacant land in Gallina Centro shopping center has been bought for $2.1 million, with the property slated to become a HomeGoods home décor store.

It marks HomeGoods’ first store in the Memphis area.

76. Two Tenants Join Ridgeway Center -

Boyle Investment Co. has inked a pair of new office leases at 999 S. Shady Grove Road in Ridgeway Center, building on its longevity with two local companies.

77. Boyle Adds 2 Tenants to Ridgeway Center -

Boyle Investment Co. has inked a pair of new office leases at 999 S. Shady Grove Road in Ridgeway Center, building on its longevity with two local companies.

78. Defense Depot Property Sells for $1.1 Million -

2085 W.E. Freeman Drive
Memphis, TN 38114
Sale Amount: $1.1 million

Sale Date: Sept. 14, 2011

Buyer: Varma Family LP

79. Boyle Fund Buys Alabama Retail Center -

Midsouth Capital Fund I LLC – a fund formed by Memphis-based Boyle Investment Co. in late 2010 – has made its first acquisition in central Alabama with the $13.4 million purchase of Riverchase Village shopping center in Birmingham from Phillips Edison.

80. Owners, Brokers Work Harder To Seal Deals -

Whether it’s a new lease or a renewal, industrial and office deal cycles are taking more time than normal due to fear, indecisiveness, doubt and a higher level of scrutiny in the negotiating process.

81. EDGE Board Holds Inaugural Meeting -

The new Economic Development Growth Engine approved its existence Wednesday, Aug. 17, while also addressing some confusing technicalities.

“The president is selected by both mayors – this seems cumbersome,” former Shelby County Commissioner and EDGE director Deidre Malone said at the organization’s inaugural meeting at City Hall. “Having worked in the private sector and for an organization with a similar structure, I think it’s very interesting.”

82. New Economic Development Board Gets Started -

The new Economic Development Growth Engine approved its existence Wednesday, Aug. 17, while also addressing some confusing technicalities.

“The president is selected by both mayors – this seems cumbersome,” former Shelby County Commissioner and EDGE director Deidre Malone said at the organization’s inaugural meeting at City Hall. “Having worked in the private sector and for an organization with a similar structure, I think it’s very interesting.”

83. Bloodworth’s Sustainability Ideal Formed at Early Age -

At a young age, Rusty Bloodworth knew he wanted to be an architect. As he matured, that passion morphed to an interest in handling more than the arrangement of buildings, but rather the design of the environment.

84. Halperin Helps Shape Boyle’s Presence -

Mark Halperin and the office tenants he represents have one thing in common – longevity.

Upon graduating from the University of Tennessee with a bachelor’s degree in accounting and real estate, he moved back to Memphis and landed his first job at Boyle Investment Co. Little did he know that it would turn into a lifelong career.

85. Market Changes -

With the local commercial real estate industry showing signs of a rebound, it still appears the bounce back has a ways to go to a full recovery.

Shelby County’s commercial sales during the past 12 months – May 2010 through April 2011 – totaled 698, up 19 percent from 585 sales during the previous 12-month period, according to the latest data from real estate information company Chandler Reports, www.chandlerreports.com. Commercial real estate sales numbers reflect office, industrial and retail real estate.

86. Blank Palette -

When best-selling author Richard Florida visited Memphis recently, he spelled out to a room full of artists the formula for building a city’s creative class – attract, retain and engage talent.

87. Boyle Investment Named State Conservation Leader -

Boyle Investment Co. received Land Conservationist of the Year at the 46th Annual Tennessee Wildlife Federation Conservation Achievement Awards April 19 in Nashville.

88. Nominees Selected for EDGE Board -

Several nominees have emerged for Economic Development Growth Engine, the new economic development board created to guide the city and county’s efforts.

Shelby County Mayor Mark Luttrell and Memphis Mayor AC Wharton Jr. will seek approval to appoint the following:

89. Commercial Council Has Shaped CRE Landscape -

The Memphis Area Association of Realtors’ Commercial Council is often the first trade organization that comes to mind when considering the local commercial real estate industry.

Something perhaps less commonplace, however, is the history of the group’s founders, and their vision to connect professionalism with the community.

90. Gus’s Chicken Empire will Expand to E. Memphis -

One of Memphis’ most celebrated fried chicken eateries is in the pipeline for a long-time vacant East Memphis parcel.

Construction is under way for a new custom-designed Gus’s “World Famous Fried Chicken” at 730 S. Mendenhall Road, at the “Y” where Mendenhall and Mount Moriah split just south of Poplar Avenue.

91. Memphis Defense Depot Slated for Sale -

Memphis Defense Depot – the 4.2 million-square-foot industrial park and former Army base just north of Memphis International Airport – is back on the market.

Once sold, the property will return to the city and county tax base and deliver anticipated tax revenue of approximately $1 million annually, making it one of the more successful national Army base closures.

92. Memphis Defense Depot Slated for Sale -

Memphis Defense Depot – the 4.2 million-square-foot industrial park and former Army base just north of Memphis International Airport – is back on the market.

Once sold, the property will return to the city and county tax base and deliver anticipated tax revenue of approximately $1 million annually, making it one of the more successful national Army base closures.

93. Gus’s to Expand Fried Chicken Empire to East Memphis -

One of Memphis’ most celebrated fried chicken eateries is in the pipeline for a long-time vacant East Memphis parcel.

Construction is under way for a new custom-designed Gus’s “World Famous Fried Chicken” at 730 S. Mendenhall Road, at the “Y” where Mendenhall and Mount Moriah split just south of Poplar Avenue.

94. Gus's to Expand Fried Chicken Empire to East Memphis -

One of the Memphis region’s most celebrated fried chicken eateries is in the pipeline for a long-time vacant East Memphis parcel.

Construction is under way for a new custom-designed Gus’s “World Famous Fried Chicken” at 730 S. Mendenhall Road, at the “Y” on Mendenhall just south of Poplar Avenue. It is between The Half Shell and Gibson's Donuts.

95. Popular Burger Chain Moves Into Memphis -

After years of Five Guys Burgers and Fries having a presence in the Nashville and Knoxville areas, the chain is setting up shop in one of Memphis’ most densely populated areas.

Jubilee Restaurant Group LLC, owner of the franchise, signed a 2,882-square-foot lease in Primacy Place, 1615 Ridgeway Road.

96. CRE Market’s Transition Fitting Parable for City -

A city’s commercial real estate market tends to mirror the local economy.

CRE, as the market is often abbreviated, can serve as barometer of sorts for an area’s business climate and also play a critical role in enhancing its economic development efforts.

97. Shifting Gears -

Memphis has long been a real estate town.

Family names like Belz, Boyle, Clark, Fogelman, Loeb, Snowden and Wilkinson – to name a few – have become synonymous not only with local commercial and industrial development but also with the city’s business fortunes and cultural identity.

98. Boyle Fund Pays $14M for Germantown Mall -

Boyle Investment Co. has made its first Memphis acquisition since setting up its Midsouth Capital Fund I LLC by acquiring a significant amount of Belz Enterprises Inc.’s interest in Germantown Village Square Shopping Center.

99. Boyle Investment Co. Forms Real Estate Investment Fund -

Boyle Investment Co. has announced the formation of Midsouth Capital Fund I LLC, which is targeting $80 million in real estate investment opportunities throughout the Mid-south region, with a special focus on Memphis and Nashville. Additional markets include Kentucky, north and central Alabama, Mississippi and Arkansas.

100. ‘Positive Signs’ Abound in Retail Market -

Perhaps more than any other commercial real estate sector, the retail market is braced for positive change in 2011.

Turnaround is certainly on the minds of retailers and retail landlords, who have seen 7.5 million jobs lost since the end of 2007.