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Editorial Results (free)

1. Surging Sales, Prices Reset Reality for Buyers -

Last week The Greater Nashville Association of Realtors (GNAR) released the sales information for the area for September, and the numbers were staggering, with sales up 19 percent.

That’s staggering in the sense that this is the third consecutive year of similar growth, and the inventory when all of this began was at 19,622. Now there are only 15,182 properties available.

2. Probate Court Trio Returns for New Terms -

The two judges and clerk whose court is at the center of the practice of estate law in Shelby County were returned to their offices by Shelby County voters in the August county general elections.

Probate Court Judges Karen D. Webster and Kathleen N. Gomes as well as Probate Court Clerk Paul Boyd each faced challengers in the election that drew a 27 percent voter turnout overall.

3. Asking for Moon Might Leave You Grounded -

There were 3,226 closings in August, Greater Nashville Association of Realtors numbers show, up 4.6 percent from last August. It could have increased 24.6 percent if there were more listings.

“Inventory is continuing to decrease,” GNAR president Hagan Stone notes. “There is demand from buyers.”

4. Memphis Bar Judicial Poll Released -

The Memphis Bar Association poll of attorneys on the judicial races on the Aug. 7 ballot shows 16 percent to as high as 38 percent of the attorneys participating have no opinion in many of the judicial races.

5. Former US Senator Howard Baker Jr. Dies -

WASHINGTON (AP) – Former Sen. Howard H. Baker Jr., a moderate Republican known as the politician who inquired what President Richard Nixon knew during the 1973 Senate Watergate hearings, has died. He was 88.

6. Medical Makeover -

After suffering from years of benign neglect, a new, more invigorated Memphis Medical Center is finally beginning to take shape.

A drive or walk around the area these days shows the hallmarks of a changing landscape – bulldozers, backhoes, cranes and construction crews working feverishly to forge the new urban environment.

7. Kyocera Inks ProLogis Park Lease Renewal -

ProLogis has landed a major renewal at one of its industrial parks.

Kyocera Document Solutions America Inc., which manufactures and markets network-ready digital copiers and printers, laser printers, color copiers and printers, digital laser facsimiles and multifunctional, wide-format imaging products, has renewed its lease for 300,000 square feet at 5510 Getwell Road in Memphis.

8. Harris Files Ford Challenge at Deadline -

Memphis City Council member Lee Harris is challenging Democratic state Sen. Ophelia Ford in the August primary for District 29, the Senate seat held by a member of the Ford family since 1975.

9. Senate Moves Forward on Transportation Spending -

WASHINGTON (AP) – A $108 billion measure that would boost funding for infrastructure projects and housing subsidies for the poor is moving ahead in the Senate.

The measure cleared a procedural hurdle by a bipartisan 73-26 vote Tuesday, and that sets up days of debate with the goal of passing the measure next week.

10. Norfolk, CB Richard Ellis Memphis Executives Tout Intermodal Yard -

Norfolk Southern Corp.’s most ambitious intermodal terminal to date, the $105 million, 380-acre Memphis Regional Intermodal Facility in Rossville, is making steady progress toward becoming a driving force for industrial development in Tennessee and Mississippi.

11. Farm Subsidies, FBI, Air Controllers Face Big Cuts -

WASHINGTON (AP) – Come January, be prepared for fewer air traffic controllers, FBI agents, border patrol officers and park rangers, as well as lower farm and winter heating subsidies. Less meat might get inspected. Furloughs will likely sweep across the government. Even the weather service could be affected.

12. White Joins BankTennessee As Mortgage Specialist -

Judy Sulton White has joined BankTennessee as a mortgage loan specialist. White has worked in the mortgage industry for 30 years and will focus on new-home financing options, mortgage refinances and custom construction loans.

13. Ambulance Co. Signs New Lease, Ups Space -

A Nashville-based health care company is expanding its Memphis presence. First Call Ambulance Services LLC has signed a three-year, 13,500-square-foot lease at 5155 Wilfong Road, more than doubling its existing space on Federal Avenue.

14. Dodging the Deluge -

The last time the Memphis river gauge was this high, Memphis was a much different place. In 1937 when the Mississippi River at Memphis topped 48.7 feet, Mud Island was really an island with no levee connecting it to the city and the Wolf River flowing between it and the city proper. Parts of the city were still rural as was the county outside Memphis. Today’s suburban development was a long way off, and Millington was still a few years away from getting the Naval Air Station.

15. Business Park Slated for Auction Block -

In the past five years, real estate foreclosures have run the gamut from hospitality to retail to multifamily to high-end residential to industrial.

As the commercial market in particular continues to be plagued with record-high vacancies and downward pressure on rental rates, investors are feeling the brunt of the crisis.

16. Fee Increase Afoot at Arkansas State Parks Lodging -

LITTLE ROCK, Ark. (AP) – Officials plan to raise fees for lodging and camp sites at Arkansas State Parks by 10 percent.

The Parks, Recreation and Travel Commission has tentatively approved the hike to make up for revenue that fell because fewer people have been using those services. A second vote is scheduled for Aug. 19, when the panel will listen to public comment.

17. A Sense of Place -

June West was born with a proverbial thick skin. She said her parents blessed her with an uncanny ability to take criticism in stride, an important trait for anyone who faces the verbal abuse that West routinely absorbs as executive director of the nonprofit Memphis Heritage Inc.

18. Charter Commission Takes Message to the People -

The Metro Charter Commission drew a crowd of 200 last week at the first of three public hearings on the consolidation proposal still taking shape.

The two-and-half-hour session at the Memphis Botanic Garden even included something the group hasn’t encountered much in public forums held by other groups – applause for the idea of consolidation.

19. Arbors Of River Oaks Sells for $16.3 Million -

An out-of-town company has pulled the trigger on the largest multifamily deal of 2010 with the $16.3 million purchase of the Arbors of River Oaks.

Trade Street Capital LLC of Miami bought the 191-unit Class B complex at 6369 Humphreys Blvd. in River Oaks from The Shoptaw Group of Atlanta.

20. How to Build a Government in 71 days -

The idea of consolidation is a political perennial in Memphis, but the details of merging Memphis and Shelby County governments are much more elusive.

The Metro Charter Commission’s formation last year represented the most meaningful move toward consolidation in almost 40 years.

21. Tenn. House Panel Rejects Local Gun Bans for Bars -

NASHVILLE, Tenn. (AP) - A House panel on Wednesday rejected an effort to allow local governments in Tennessee to decide whether they want to ban guns from being carried in bars.

Democratic Rep. Jimmy Naifeh of Covington tried to attach the local option provision to a bill that would allow people with handgun carry permits to bring their guns into any establishment that serves alcohol.

22. Consolidated Gov’t to Include New Divisions -

The list of new departments for a consolidated Memphis-Shelby County government continues to grow as the Metro Charter Commission moves a step closer to writing a consolidation charter.

But much debate is to come on the size of the proposed merger government.

23. County Commission to Consider Strip Club Restrictions -

Shelby County Commissioners are scheduled to take a final vote today on an ordinance that would better define restrictions on where strip clubs and other adult entertainment businesses can locate in the county.

24. Wharton Ditches Three Division Directors, Retains Others -

Memphis Mayor A C Wharton Jr. firmed up most of his division directors Tuesday.

He moved to reappoint seven division directors and notified three others they will not be reappointed in a possible realignment of their divisions.

25. A River Runs Through Us: Memphis’ once and future connection with the Wolf -

A cottonmouth slithers through the marsh. A wolf spider clings to a cypress tree. A white heron soars above the bottomland forest.

Paddle a canoe down the Ghost River section of the Wolf River in Fayette County and you’ll travel through multiple, distinct ecosystems teeming with wildlife. But while animal sightings convey the true spirit of the Wolf, only one creature – the elusive “river rat” – can verbalize why this river and its wetland corridor are so important.

26. Tenn. Struggles to Maintain Parks -

NASHVILLE, Tenn. (AP) – While more Tennesseans are vacationing in affordable state parks, many are disappointed to find the aging facilities with broken plumbing, rusty equipment and chipping paint.

27. Jones Receives Welcome Home Memphis Designation -

Crye-Leike affiliate broker C. Lauren Jones was the first Realtor in the Memphis market to receive the Welcome Home Memphis designation when she recently earned the honor.

The designation recently was created by the Memphis Area Association of Realtors and is designed to increase affordable housing expertise.

28. 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

29. Family Ties: Bartlett subdivision brings together four building companies under the Grant family umbrella -

Lots in
Elpine Gray Estates
Loan Amount: $2.6 million

Loan Date: Jan. 9, 2007

Maturity Date: Jan. 9, 2008

30. Green Light? -

You don't have to look far to find examples of U.S. cities that are going green.

St. Louis, for example, has paved the way for an intricate greenway system that stretches some 400 miles throughout the city. Nashville has poured $250 million - roughly what the city of Memphis spent on the FedExForum arena - into a first-class parks and greenways system.

31. Different Incentives Drive Different Results in DeSoto, Shelby Counties -

When large companies such as ServiceMaster and Nucor Steel start looking for possible sites to open facilities or relocate their headquarters, the first thing they often consider is available incentives.

32. Archived Article: Real - Bill Morris Extension Means More Collierville Commercial

Commercial Developers Eye Bill Morris Extension

LANCE ALLAN

The Daily News

When the extension of state Highway 385 through Collierville to state Highway 57 is completed later this ...

33. Archived Article: Gov - Gene pearson:

Report Spells Progress for Shelby Farms Plan

ANDY MEEK

The Daily News

In the ancient world, as history tells it, all roads led to Rome. In Memphis, long-range road plans call for more than 30 new lanes of traffic all leadin...

34. Archived Article: Gov - By Andy Meek

Plans Progress for Shelby Farms Roadway

ANDY MEEK

The Daily News

When it comes to building a practical roadway, wider and straighter isnt necessarily best.

A 17-member panel has a different concept in mind for a new road ...

35. Archived Article: Law Talk - Dear Mr Morris Brings Love of Outdoors to Law Practice

LANE GARDNER CAMP

The Daily News

William Sherman Morris has joined the Memphis office of Bass, Berry & Sims as an associate in commercial transactions and real estate.

Previously...

36. Archived Article: Kajima (lead) - Lead

Work Starts on New Chickasaw Building

Last big building in industrial park underway

LANCE ALLAN

The Daily News

Kajima Construction Services started work last week on a 437,000-square-foot new shell warehouse in southeast Memphis ...

37. Archived Article: Sholom (lead) - Beth Sholom cemetery pavilion on tap

Beth Sholom cemetery pavilion on tap By MARY DANDO

The Daily News

At todays 3:30 p.m. Memphis City Council meeting, Beth Sholom Synagogue officials seek permission to erect structures to remember their d...

38. Archived Article: Real Review - CB Richard Ellis reports CB Richard Ellis reports slow quarter for industry Although the Memphis market experienced a slow first quarter compared to first quarter 2000, the outlook for the industrial market remains positive for 2001, real estate ser...