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Editorial Results (free)

1. Linkous Construction Never Wavered in Face of Recession -

As the real estate crash and Great Recession battered the construction industry, the leadership at Linkous Construction Co. made a strategic decision to keep its team intact and maintain the level of service the general contracting and construction management firm had become known for.

2. Strain Elected Shareholder at Baker Donelson -

Jason Strain, a shareholder with Baker, Donelson, Bearman, Caldwell & Berkowitz PC, grew up with the idea of the legal profession being a “good and interesting job.”

3. May 31-June 6: This week in Memphis history -

2012: The Overton Bark dog park opens in Overton Park between Rainbow Lake and the park’s golf course. The 1.3-acre area whose construction was funded by Hollywood Feed is divided into two sections – one for smaller dogs and the other for large dogs.

4. ‘Banner Year’ for Logistics Industry -

Positive momentum far outweighed the negative in the local logistics and distribution industry during 2012, as city officials and business leaders continued elevating Memphis’s status as world logistics hub.

5. Pickering Projects Show Activity on Upswing -

If an uptick in engineering services is an economic indicator of recovery and stability, Memphis is progressing fairly well.

That’s the message Bob Pitts, principal at Pickering Firm Inc., shared to the Appraisal Institute of Memphis Wednesday, May 16, at Chickasaw Country Club. Pickering employs 150 engineers, scientists, architects and surveyors across six offices from its Memphis headquarters to the Gulf Coast.

6. Liddon Solves Problems for Relocating Companies -

When Robert Liddon began as a clerk at Heiskell Donelson after his second year in law school in 1974, there were about 25 attorneys.

Now the firm known as Baker, Donelson, Bearman, Caldwell & Berkowitz PC is made up of about 600.

7. Mid-South Food Bank Appoints Board Members -

Mid-South Food Bank has appointed Rafael Durand from International Paper Co. and James Gibbs from Riviana Foods Inc. to its board of directors.

8. Substantial Deal Inked By Ontario-Based Manufacturer -

A substantial lease has been signed in a formerly distressed southwest Memphis industrial park that has made leaps and bounds since it was purchased by an out-of-town investor earlier this year.

KIK Custom Products, an Ontario-based manufacturer of national and retail brand consumer products, has signed a lease for 115,000 square feet in the Space Center Industrial Park, 265-353 Titan Drive.

9. Chamber Fires Up 2011 Membership Drive -

The Greater Memphis Chamber could not exist without the support of its members. That is why every year the nonprofit economic development organization holds a membership campaign with the aid of its current investors to encourage new membership and spark growth.

10. New Plants Bode Well for Industrial Sector -

Although the overall commercial real estate market is soft, Memphis’ industrial sector appears to be gathering more steam than any other category.

With the arrival of such large projects like the Electrolux and Mitsubishi plants and Norfolk Southern Corp.’s new Fayette County intermodal yard, industry professionals hope ancillary business will bolster the industrial market by sparking new development, attracting new investors and enhancing the area’s economy.

11. 2011 CRE Outlook Cautiously Optimistic -

Optimism is in the eye of the beholder in the commercial real estate industry. In a city plagued with high vacancies and scarce speculative development, investors have Memphis on its radar – and Memphis should too.

12. Canadian Group Buys Distressed South Memphis Industrial Park -

A Canadian real estate investment group has bought a distressed South Memphis industrial park with plans to re-absorb the space and bring it back to life.

Richard Stern, principal with Quebec, Canada-based Olymbec purchased the 1.1 million-square-foot Space Center, 3051-3133 Tranquility Drive, for $7.25 million.

13. Menlo Deal Tops Noteworthy Leases -

The Daily News in September launched a new weekly column called “Inked” to spotlight Memphis’ commercial leasing landscape.

Despite tough times, local commercial real estate firms were able to ink plenty of deals in the past four months. Here’s a rundown of some of the most noteworthy commercial leases since Inked’s debut:

14. IDB Gives Riviana Green Light -

Riviana Foods Inc. told the Memphis-Shelby County Industrial Development Board Wednesday it plans to expand its rice product line, add 22 jobs and invest more than $10 million in its South Memphis manufacturing facility.

15. Riviana Gets IDB Green Light -

Riviana Foods announced a shift in investment for its business model to the Memphis- Shelby County Industrial Development Board Wednesday.

The board approved both Riviana’s additional one-year ramp-up request and the seven-year tax abatement period for its recently consolidated manufacturing and processing facility at 2314 S. Lauderdale St.

16. Riviana PILOT Headlines IDB Meeting -

Riviana Foods Inc. is looking for a tax break for its recently consolidated manufacturing and processing facility at 2314 S. Lauderdale St.

17. Colliers Sells Property to Union Forklift -

Colliers International recently sold an 18,750-square-foot building in the Perimeter Point Business Park, 2188 Spicer Cove.

18. Few Engineering Firms Credit Stimulus For Survival -

The federal stimulus program has been very, very good to the Pickering Firm Inc., a Memphis-based engineering company.

19. Riviana Continues Work On Rice Processing/Distribution Plant -

2371 Prospect St.
Memphis, TN 38106
Permit Amount: $3.5 Million

Project Cost: $67 million
Permit Date: Applied June 2009
Completion: 2010
Owner: Riviana Foods Inc.
Tenant: Riviana Foods Inc.
Contractor: Linkous Construction Co. Inc.

20. Riviana Foods Files $3.5 Million Permit -

Riviana Foods Inc. has filed another permit as part of its ongoing project to build a 400,000-square-foot, $67 million rice processing and distribution center here. The latest permit, filed this week with the city-county Office of Construction Code Enforcement, will bring a $3.5 million building to 2371 Prospect St. on Riviana’s campus in the West Person/Elvis Presley area.

21. Riviana Foods Files $3M Building Permit -

2372 Prospect St.
Memphis, TN 38106
Permit Cost: $3 million

Project Cost: n/a
Permit Date: Applied February 2009
Owner: Riviana Foods
Tenant: Riviana Foods
Contractor: Linkous Construction Co. Inc.

22. Riviana Files $3M Building Permit -

Riviana Foods Inc. has filed a $3 million permit application with the city-county Office of Construction Code Enforcement to build a plant and water treatment facility at 2372 Prospect St. in South Memphis. The Houston-based company is in the midst of building a 400,000-square-foot rice processing and distribution center there.

23. Shelby County Schools To Build New Middle School -

5600 Meadowbriar Trail
Permit Amount: $10 million
Project Cost:$13.5 million

Unincorporated Shelby County

Permit Date: Applied May 2008
Completion: Summer 2009
Owner: Shelby County Schools
Tenant: Shelby County Schools
Architect: McGehee/Nicholson/Burke/Architects
Contractor: Webb Building Corp.

24. Riviana Foods Files $30 Million Permit -

Houston-based Riviana Foods Inc. has filed a $30 million application for permit with the city-county Department of Construction Code Enforcement to build a 400,000-square-foot rice processing and distribution center next to its existing South Memphis facility.

25. City Council to Discuss Liberty Bowl Upgrades -      Memphis City Council members today will discuss appropriating $756,000 for locker room improvements at Liberty Bowl Memorial Stadium.
     The 65,000-seat stadium is set to undergo a major re

26. Riviana Foods Invests in Memphis -

Known primarily for exporting barbecue and blues music, Memphis soon will become one of the country's largest manufacturing and distribution centers for rice.

And once again, the city has its location to thank.

27. Rice Processor to Build Plant, Warehouse In Memphis -

Riviana Foods Inc. will expand its local footprint with the construction of a 400,000-square-foot rice processing and packaging plant and onsite warehouse and distribution center on 31 acres in South Memphis, the company announced last week.

28. Incentive Program Has Businesses on Fast Track To Memphis -

At a Memphis City Council committee meeting last week, council members swiftly put the final touches on a package of incentives for two plum economic development projects.

The votes themselves were almost a formality. The projects - a steel production mill and a giant distribution center for Nike shoes - already officially had been lined up.

29. Trammell Crow Buys PropertiesOn Air Trans, Brooks Roads -      Trammell Crow Co., a subsidiary of CB Richard Ellis Group Inc. (CBRE), has bought the Bellbrook and Space Center industrial parks and the Baker building - all on Brooks Road - and the Air Trans building on Air Trans Road

30. Riviana Takes Next StepOn $67 Million Project -      Riviana Foods Inc., a rice processing and distribution company, has taken another step toward the construction of its $67 million facility at 615 E. Bodley Ave. The company last week closed on its $3 million purchase of

31. Archived Article: Daily Digest - Schnucks to close

Schnucks to close

Riverdale Road store

St. Louis-based Schnuck Markets Inc. will close its 5270 Riverdale Road store at 6 p.m. March 15. Its convenience store and fuel center on Riverdale will continue to operate.

Schnu...