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Editorial Results (free)

1. Exeter Property Group Acquires Industrial Portfolio -

Exeter Property Group has acquired a 4.4 million-square-foot industrial portfolio – including four properties in Memphis – for $132 million.

Exeter recently acquired the properties located in Memphis, Nashville and Columbus, Ohio, from LNR Property LLC, a special servicer appointed to the portfolio upon its transfer from London-based Strategic Realty Advisors Ltd. in June 2013.

2. Seminar: Uncertainty Pervades Real Estate -

2013 will be a big year on many real estate fronts – foreclosures, property taxes and property values.

That was the message industry professionals heard Thursday, Feb. 14, at real estate information company Chandler Reports’ 2012 year-end “Master Your Market” seminar at the Holiday Inn University of Memphis.

3. Seminar to Tackle Reappraisal, Consolidation -

Real estate industry professionals will soon have the opportunity to learn more about two ongoing issues that will affect every homeowner and taxpayer – the 2013 Shelby County reappraisal and the school consolidation.

4. Invacare Inks Lease in SE Memphis -

Invacare Continuing Care Inc. has inked a 3,500-square-foot lease at 4187 Senator St. in Southeast Memphis.

5. Dot-Com Moves Distribution To Memphis -

Wilsonville, Ore.-based LinenTablecloth.com has entered the Memphis industrial market, leasing 82,500 square feet at 3046 Datsun Drive for its new distribution center.

6. Biz License Filings Rise in Q2 -

The number of business licenses filed with the Shelby County Clerk’s office increased 2.7 percent to 1,397 in the second quarter of 2012 from 1,360 for the same period last year, according to The Daily News Online, www.memphisdailynews.com.

7. Aren Buys SE Memphis Warehouse For $1.3M -

Trane U.S. Inc. has sold its parts distribution center in Southeast Memphis for $1.3 million.

Aren Investments LLC of Memphis acquired the 99,375-square-foot distribution warehouse at 4250 Concord Road. The company, which used a 1450 Massey Road address on the Shelby County Register of Deeds, financed the purchase with an $800,000 loan through BancorpSouth Bank. Igal Elfezouaty signed the trust deed as managing member of Aren.

8. Not Apples to Apples -

The weak demand for housing, coupled with the stout foreclosure inventory, has translated into vast price declines in nearly every one of Shelby County’ 34 ZIP codes, affecting the bottom lines of homeowners and the city alike.

9. Fuente Looks to Turn Tigers Around -

The next phase of University of Memphis football officially began Thursday, Dec. 8. That’s when 35-year-old Justin Fuente, co-offensive coordinator at Texas Christian University, told media and fans gathered at an on-campus press conference, “This is going to be Memphis’ team. … I don’t care what school you went to, you live in the city, I want this to be your team.”

10. Colliers Signs Baker to First Site in Tenn. -

Colliers International’s industrial team of Andy Cates, Preston Thomas and Mike Driscoll has inked 63 transactions this year. Here’s a rundown on a flurry of recent deals the trio has brokered.

11. Fuente Looks to Turn Tigers Around -

The next phase of University of Memphis football officially began Thursday, Dec. 8.

That’s when 35-year-old Justin Fuente, co-offensive coordinator at Texas Christian University, told media and fans gathered at an on-campus press conference, “This is going to be Memphis’ team. … I don’t care what school you went to, you live in the city, I want this to be your team.”

12. Special Coverage: Mid-South Flooding -

Coverage of the rising waters in the Memphis area

MIM Triathlon Still Planned

Despite rising floodwaters, next weekend’s Memphis in May Triathlon event is still on, the Tunica Convention & Visitors Bureau has announced.

13. Special Coverage: Mid-South Flooding -

Coverage of the rising waters in the Memphis area

Shuttle Prep Made For Barbecue Fest Attendees
Following Monday’s announcement that the Memphis in May World Championship Barbecue Cooking Contest is moving from Tom Lee Park to Tiger Lane at the Mid-South Fairgrounds, the Memphis Convention & Visitors Bureau is busy making preparations for shuttle services to accommodate out-of-town attendees and teams staying in Downtown hotels.
The dates of the event will remain the same, May 12 to 14. All other aspects of the event, but the location, will be as scheduled.
Low-cost transportation will run on a continual loop from four Downtown locations to the barbecue contest from late Wednesday afternoon through Saturday evening. The shuttle locations are not yet decided but will be hotel-centric.
“We hear your requests and will definitely make our best efforts to accommodate everyone,” the Memphis In May website reads.
“We are working on shuttle transportation for those of you staying Downtown.”
For more information, visit www.memphisinmay.org.

14. Jeremy Park Honored by MILE Program -

The fourth class of the Memphis Institute for Leadership Education (MILE) Mentoring Program will hold its graduation program and award certificates to over 130 MILE participants at the University of Memphis Friday.

15. IBERIABANK Makes Several Local Hires -

IBERIABANK has been on a hiring spree in Memphis.

The bank has made a handful of local hires within the past several months. They include Luke Yancy, formerly with SunTrust, who will be a relationship manager in IBERIABANK’s commercial group.

16. Deimund Named Clinical Director of Methodist Wound Centers -

Sandy Deimund has been named clinical director for the Methodist North and Methodist South Hospital Comprehensive Wound Healing Centers.

Hometown: Cape Girardeau, Mo.
Education:
Certified Wound Specialist (CWS) and a member of the American Academy of Wound Management
Work Experience:
Nurse manager, Methodist South Comprehensive Wound Healing Center; registered nurse, Southeast Hospital in Cape Girardeau, Mo.
Favorite quote:
“Whether you think you can or think you can’t, you’re right.” Henry Ford
Last book read:
“Love ’Em or Lose ’Em” by Beverly L. Kaye
Favorite music:
I like a variety of music, from country to classical.
Favorite movie:
“African Queen”
Sports team:
Tennessee Titans
Activities you enjoy outside of work:
Spending time with friends, sudoku puzzles, traveling, reading
What talent do you wish you had?
I wish I could pick stocks like Warren Buffet.
Who has had the greatest influence on you?
All of the patients who have overcome obstacles in their lives, yet continue to persevere.
Why did you pursue a career in health care?
I have always had an innate curiosity about medicine and people. As a child, my dolls were always sick or injured and needed “health care.”
What drew you to Methodist?
The Christian atmosphere and multiple opportunities available for nurses.
What do you consider your greatest professional accomplishments?
Any time a patient hugs me or shakes my hand and tells me how much they appreciate my efforts is the greatest feeling.
What do you most enjoy about your work?
Working with patients to facilitate their healing process.

17. Wolfchase Files New Appraisal Challenge -

The owner of the most expensive piece of real estate in Shelby County isn’t finished challenging its 2009 appraisal.

Indianapolis-based Simon Property Group, the owner of Wolfchase Galleria, is filing another appeal of the mall’s price tag, which the Shelby County Board of Equalization in March pegged at $150 million.

18. The Biggest Spenders -

David Simon, chairman and CEO of the nation’s largest public real estate firm, told analysts a few weeks ago during Simon Property Group’s fourth quarter earnings conference call that 2009 was a challenging year. And he doesn’t think 2010 will be much better for the company, which owns two malls in Memphis.

19. Commercial Real Estate Still Dropping, Stanton Says -

Janice Stanton, managing director of investment research for Cushman & Wakefield in New York, discussed the global financial crisis and how it has impacted commercial real estate at Wednesday’s Commercial Property Forecast Summit, at the Germantown Performing Arts Centre and sponsored by the Memphis Area Association of Realtors Commercial Council.

20. MAAR Event Tailored to Commercial Property Reappraisals -

Andy Raines graduated from law school at then-Memphis State University in 1980, the same year Shelby County held its first property reappraisal in nearly two decades.

As a young attorney cutting his teeth on property tax law for Evans and Petree PC, Raines saw firsthand the chaos created by what later would be considered a watershed event.

21. Archived Article -

1700, 1800 and 1820 N. Germantown Parkway
And 8110 Dexter Road
Sale Amount: $7 million

Sale Date: July 31, 2007

22. Archived Article: Newsmakers - Shelby County Alumni Honored

MAHBA Announces New Board Members

The Memphis Area Home Builders Association announced the following new members of its board of directors: Tommy Byrnes, Phil Chamberlain III, Ginger Coggins, Michael Matthews and G...

23. Archived Article: Law Focus - Law

Firms Big and Small Turn to Legal Outsourcing

LANCE ALLAN

The Daily News

Its all about relationships. Or at least Jim Raines believes it is.

Raines, general counsel with Thomas & Betts Corp., said its important to build a stro...

24. Archived Article: Real Briefs - The monthly luncheon meeting of the Institute of Real Estate Management Chapter 20 is Jan The monthly luncheon meeting of the Institute of Real Estate Management Chapter 20 is Jan. 18 at the Ridgeway Inn, 5679 Poplar Ave. Speaker Andy Raines of Stok...