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Editorial Results (free)

1. Experts to Provide Commercial Real Estate Outlook at Seminar -

Yes, Overton Square is booming, but that may not have been the case without Memphis-based Loeb Properties Inc.

2. Developer Focuses on Midtown Corner -

Developer Charles S. Ryan is looking to expand his Midtown real estate holdings. For several years Ryan has held discussions with property owners around the intersection of Cooper Street and Central Avenue.

3. TGI Fridays Franchisee Buys 3 Local Restaurants -

A New Orleans-based restaurant group has acquired three local TGI Fridays restaurants.

Southeast Restaurant Group bought the restaurants at 8325 U.S. 64, 7733 Winchester Road and 176 Goodman Road in Southaven, part of a broader 20-restaurant deal.

4. Lakecrest II Sells for $4.6 Million -

The Lakecrest II office building in East Memphis has changed hands again.

Southland Primacy LLC acquired the 129,104-square-foot office building at 6055 Primacy Parkway from Jefferson-Pilot Investments Inc. Feb. 28 for $4.6 million.

5. MRG Sees Flurry of Activity at Marion Center -

In 2008, Memphis-based Makowsky Ringel Greenberg LLC developed The Shops of Angelos Grove retail center in Marion, Ark.

6. 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.

7. October 4-October 10, 2013: This week in Memphis history -

2012: Robert J. Pera, the new majority owner to be of the Memphis Grizzlies was assembling his local partners for the ownership group. The names included NBA and University of Memphis basketball star Anfernees “Penny” Hardaway, pop star Justin Timberlake and former U.S. Rep. Harold Ford Jr.

8. Mary Carter Decorating Center to Grow, Relocate -

A venerable Memphis cake decorating and supply store is moving to a new location on Summer Avenue.

Mary Carter Decorating Center signed a 4,800-square-foot lease in Cloverleaf Shopping Center at 733 N. White Station Road.

9. Walgreen Co. Closes Ike’s Gas Station -

Walgreen Co. has closed the gas station at its Ike’s store on Union Avenue, but the company isn’t saying anything else about the property’s future.

10. 19th Century Club, Lee House Facing Different Futures -

Memphis Mayor A C Wharton Jr. said Monday, July 1, the Midtown mansion that has been home to the 19th Century Club on Union Avenue for most of the 20th century and some of the 21st will probably be demolished.

11. Grant Turns Broad Avenue Dock Into Dance Stage -

The concrete surface of the loading dock at Power & Tel on Broad Avenue isn’t good for ballet dancing.

So the dancers with Collage Dance Collective went with modern dance instead Wednesday, May 22, as the Broad Avenue Arts District formally announced a $350,000 grant from ArtPlace America that will turn part of the loading dock into a dance performance stage.

12. Brothers to Open Brewery on Broad -

A new craft brewery is coming to one of Memphis’ up-and-coming areas – the Broad Avenue Historic District.

Wiseacre Brewing Co., a concept from brothers Kellan Bartosch and Davin Bartosch, has leased 13,000 square feet at 2783 Broad Ave. and is planning to open by late 2013. They chose the old warehouse for its “big open space” and the Binghampton neighborhood for its community appeal.

13. Phillips Joins Spirco as Manager, Vice President -

Mike Phillips has joined Spirco Manufacturing as general manager and vice president of operations. In his new role, Phillips will oversee all divisions of the metal-building manufacturer and direct its organizational needs.

14. 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.

15. Loeb Closes On $7M Purchase Of Overton Square -

Loeb Properties Inc. has closed its $7 million acquisition of Overton Square, after many months of negotiations with former owner, Denver Colo.-based Overton Square Investors LLC.

16. Loeb Closes on $7M Purchase of Overton Square -

Loeb Properties Inc. has closed its $7 million acquisition of Overton Square, after many months of negotiations with former owner, Denver Colo.-based Overton Square Investors LLC.

17. Orpheum Theatre Names New Board Members -

The Orpheum Theatre and its parent organization, the Memphis Development Foundation, has announced 10 members joining the Orpheum board of directors. The new members are: Chuck Treadway, Thomas & Betts president and chief operating officer; Don Young, Smith and Nephew senior vice president, corporate sustainability; Andy Taylor, Gerber/Taylor Capital Advisors Inc. partner; Gary Smith, Apperson Crump PLC attorney; Alan Mullen, Crew Training International president; Scott Hennessy, True Temper Sports Inc. president; Keri Gage, SunTrust private wealth management/senior vice president; Robert Cox, Glassman, Edwards, Wyatt, Tuttle & Cox PC attorney; Bo Allen, First Tennessee executive vice president; and Sara Adams, community volunteer.

18. Tried and True -

For 100 years, Palmer Brothers Inc. has operated in a conservative manner with repeat business from clients that share the same philosophy.

19. 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.

20. Events -

The National Association of Women Business Owners will meet Tuesday, Jan. 10, from 11:15 a.m. to 12:45 p.m. at The Crescent Club, 6075 Poplar Ave. The discussion will focus on topics of the audience’s choice. For more information or to register, call Nita Black at 413-1315.

21. 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.

22. New Dishes -

Memphis’ eyes were bigger than its stomach in 2011, but in a good way.

Some local restaurateurs launched completely new concepts; others entered new submarkets with additional stores. Even a handful of national retailers entered the Memphis market after having locations elsewhere in Tennessee for years.

23. Events -

The Memphis College of Art will hold its 62nd annual Holiday Bazaar art sale Friday, Nov. 18, from 6 p.m. to 9 p.m.; and Saturday, Nov. 19, from 10 a.m. to 5 p.m. in the Main and Lower Gallery of the college, 1930 Poplar Ave. Admission Friday and Saturday is free. All proceeds will benefit MCA’s scholarship fund. For more information, call 272-5100 or visit www.mca.edu.

24. Nissan North America Renews Lease In SE Shelby -

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

25. 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.

26. Loeb Builds Success on Long History, Strong Team -

In 1887, a T-shirt maker named Henry Loeb, great-grandfather of Robert “Bob” Loeb and Louis “Lou” Loeb of LOEB Properties, opened a Laundromat on Main Street. His entrepreneurial spirit transpired four generations, officially reaching the Loeb brothers in the early 1980s.

27. 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.

28. 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.

29. 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.

30. Loeb Buys Park Place for $10.3M -

Loeb Properties Inc. has bought Park Place Centre from Belz Enterprises Inc. for $10.3 million – the biggest retail transaction of the year.

31. 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.

32. Loeb Buys Park Place for $10.3M -

Loeb Properties Inc. has bought Park Place Centre from Belz Enterprises Inc. for $10.3 million – the biggest retail transaction of the year.

33. Air Park Property Sells For $730,000 -

Crump Commercial LLC recently closed on a property at 3850 Air Park St., a deal that has been in the works for about six months.

34. Rock Legend’s Visit Highlights Memphis’ Musical Importance -

Robert Plant is no stranger to Memphis or to the city’s musical heritage. In the years since his former band Led Zeppelin became history, Plant has played Memphis often.

During his trips to the city, he’s usually left plenty of time to visit North Mississippi and explore the places where the blues began and bluesmen lived hard lives that informed what they created.Plant played Memphis again this month with the fourth incarnation of Band of Joy – the band he was in before Led Zeppelin. The day before the gig he got a star on The Orpheum’s walk of fame and a proclamation from Memphis Mayor A C Wharton Jr. proclaiming it “Robert Plant Day” in the city.

35. New York Company Buys 158-Unit Greenview Estates in Raleigh -

4650 Hedges Drive
Memphis, TN 38128
Sale Amount: $3 Million

Sale Date: Dec. 17, 2009
Buyer: Greenview Estates LLC
Seller: Greenview Townhomes LLC
Loan Amount: $2.1 million
Loan Date: Dec. 17, 2009
Maturity Date: N/A
Lender: Bloomfield Institutional Opportunity Fund LLC

36. A Mayor’s Race to Remember: Candidates pump up the drama as election nears -

The field is set at 25 candidates and Memphians start voting Sept. 25 in a mayor’s race that has been neither a surprise nor the expected.

But there’s no guarantee the election will settle what the post-Willie Herenton era will look like. Too many other events still have to be decided.

37. OrthoOne Secures Land For New Facility -

3.57 Acres on Market Center Drive
Collierville, TN 38017
Sale Amount: $914,513

Sale Date: April 25, 2008
Buyer: Attilla Group LLC
Seller: MED-A.R.M. Inc.
Loan Amount: $3.5 million
Loan Date: April 25, 2008
Maturity Date: N/A
Lender: Magna Bank

38. Turley Looks East But Keeps an Eye Downtown -

Downtown developer Henry Turley is going east these days. The developer of Harbor Town, South Bluffs, parts of South Main and other Downtown projects is touting the Mid-South Fairgrounds these days.

39. Countrywide Tries to Regain Footing Atop Shaky Mortgage Industry -

LOS ANGELES (AP) - Countrywide Financial Corp. grew from a two-man startup in 1969 to become the nation's leading mortgage lender by deftly riding out housing boom-and-bust cycles.

This time around, however, the ride has been a lot rougher, leaving the company in a scramble to regain its footing as the housing market has turned from boom to bust.

40. Archived Article -

Parcels in four
shopping centers
Loan Amount: $11.4 million

Loan Date: May 25, 2006

Maturity Date: June 1, 2021

41. Archived Article: Real Recap - Loeb Properties Refinances Erin Way Shopping Center

Loeb Refinances Erin Way Shopping Center 4840-4872 Poplar Ave.

and 599-553 Erin Drive

Cost: $4.9 million

Borrower: Erin Way Partners LP

Lender: Farm Bureau Life Insurance Co.

Trus...

42. Archived Article: Benchmark - Oracle boosts PeopleSoft takeover bid

Oracle boosts PeopleSoft takeover bid

Oracle Corp., the No. 2 U.S.-based global software maker, Wednesday sweetened its hostile cash bid for PeopleSoft Inc. by 22 percent to about $6.3 billion, the latest ...

43. Archived Article: Memos - Leonard I Randall H. Brown has been appointed chief financial officer for Allen & OHara Inc. He formerly was director of corporate finance for Promus Hotel Corp. A certified public accountant, Brown has bachelors degrees from the University of M...

44. Archived Article: Memos - SCB Computer Technology Names Equity Inns Inc. has added three members to its board of directors: Raymond E. Schultz, retired chairman and chief executive officer of Promus Hotel Corp.; Howard A. Silver, president and chief operating officer of Equi...

45. Archived Article: Memos - James Spisak has been named the site director for Stream Internationals Memphis technical support center James Spisak has been named the site director for Stream Internationals Memphis technical support center. He previously was the general manager ...

46. Archived Article: Back - 04-08 Back Willow Oaks sells for $330,000, new owner plans renovation Willow Oaks Apartments, a 366-unit property at 2459 Ketchum Road, sold March 29 for $330,000. Willow Oaks was purchased by Memphis Housing Partners LLC, whose principal is J.D. Ea...