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Editorial Results (free)

1. Ikea Buys Cordova Acreage For Planned Memphis Store -

41 Acres for
Future Ikea Store

Sale Amount: $5.7 million

Sale Date: July 10, 2015

Buyer: IKEA Property Inc.

2. Cummins Begins Memphis Distribution Expansion -

Cummins Inc. is retooling its current distribution center in Memphis as it prepares for a planned expansion.

3. Biomedical Company Expanding in Southeast Memphis -

Cognate Bioservices Inc. is launching a 32,500-square-foot expansion at its manufacturing facility at 4600 E. Shelby Drive in southeast Memphis near Lamar Avenue.

4. Cummins Begins Memphis Distribution Expansion -

Cummins Inc. is retooling its current distribution center in Memphis as it prepares for a planned expansion.

Dan Walker Associates Inc. has applied for a nearly $2.2 million building permit to renovate the existing Cummins distribution center at 4155 Quest Way in southeast Memphis.

5. Nashville’s Long, Hot, Delicious Summer -

Summertime brings us wedges of juicy watermelon and drippy ice cream cones. It yields pies piled with blackberries and peaches so fresh they can fill a room with their aroma.

It offers jewel-toned tomatoes for slicing and piling onto BLTs.

6. Stein World Finds New Home -

Stein World has found a new home. The furniture distributor, which played a pivotal role in Cummins Inc.’s decision to expand locally, has inked a lease for 330,870 square feet at 5321 Shelby Drive.

7. Cummins Will Stay, Expand in Memphis -

Ending months of speculation, Cummins Inc. will remain – and expand – in Memphis, according to state and company officials.

Cummins and the Tennessee Department of Economic and Community Development said the company would invest $6.7 million to expand its current parts and distribution center in Memphis, creating 70 new jobs in the process.

8. Men’s Salon Opening in Germantown -

Germantown is getting an upscale styling salon and grooming service made just for men.

Owners Dara Vongphrachanh and Donald R. Johnson II are opening Baron’s Man Cave in 2,250 square feet in suite 102 at the Poplar Collection, located at 9289 Poplar Ave. in Germantown.

9. Nashville’s Most Romantic Restaurants -

Romance means something different for everyone, but most people can agree that if there is low lighting, soft music, a charming companion and something delicious to eat, you’ve already got the makings of one outstanding evening.

10. Memphis Industrial Market Rebounds in 2014 -

The upswing in the industrial real estate sector that started in 2012 and gained momentum in 2013 continued in 2014 and the Memphis market, fueled by several large transactions late in the year, should top 2013's level of around 3.2 million square feet of absorption.

11. Big Deals Highlight 2014 Real Estate -

In Inked, we like to highlight local real estate transactions and the often-interesting companies leasing or buying commercial real estate space in the Memphis market. We also like to keep you informed about major deals before they happen and track companies that are critical to the local economy. Here are some important items that appeared in Inked in 2014.

12. City, County Catch Late-Year Economic Development Surge -

Through September, things were looking somewhat bleak for Memphis and Shelby County on the economic development front.

At that point in the year the city and county were on pace to tie a record low for the number of payments-in-lieu-of-taxes, or PILOT, agreements granted to companies in a year. While granting fewer tax incentives could be viewed as good news because companies were more fiscally sound or confident about operating in Memphis and Shelby County, the lower level of activity represented a dip in the level of economic investment in the area.

13. Target, Cummins Awarded Tax Breaks -

Two companies won approval Wednesday, Dec. 17, for tax incentives for projects that will create around 1,400 jobs.

The board of the city-county Economic Development Growth Engine approved 15-year payment-in-lieu-of-taxes, or PILOT, incentives for Target and Cummins Inc.

14. Target, Cummins Awarded 15-Year Tax Breaks -

Two companies won approval Wednesday, Dec. 17, for tax incentives for projects that will create around 1,200 jobs.

The board of the city-county Economic Development Growth Engine approved 15-year payment-in-lieu-of-taxes, or PILOT, incentives for both Target and Cummins Inc.

15. From Sweden to Memphis -

Swedish retail giant Ikea will open a 225-employee store in the Wolfchase Galleria area in 2016.

The furniture retailer will locate the 269,000-square-foot store on a 35-acre site in Memphis near Interstate 40 and Germantown Parkway.

16. Target, Cummins Seek 15-Year Tax Breaks -

Memphis and Shelby County are offering generous tax incentives to attract and retain hundreds of jobs.

Discount retailer Target and Cummins Inc. are seeking tax breaks for projects that total 1,429 jobs.

17. Target Bringing 400-Job Project to Memphis -

Memphis is poised to land hundreds of new jobs and retain several hundred more. Target will seek incentives from Memphis and Shelby County as early as next week for an online fulfillment center that will create over 400 new jobs.

18. Anixter Moving Memphis Distribution Operations -

A leading supplier of communications and security products, electrical and electronic wire and cable, fasteners and other small components is relocating to a new Memphis distribution center.

Anixter International Inc., which is based in the Chicago area, has leased 100,000 square feet at 4001 Hickory Hill Road inside Memphis Distribution Center. Anixter will be relocating from 4580 S. Mendenhall Road, where DDN is expanding.

19. Battle Rages On Between Regional Foes -

In October, Old Dominion Freight Line Inc. opened the door, or 267 doors to be more precise, on its new $30 million service center in Memphis.

20. 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.

21. Cummins Eyes Memphis Site for Expansion -

Cummins Inc. is eyeing a Memphis property for a planned expansion of the company’s distribution operations, a move that would be welcome news for Memphis officials.

22. Competition Calls -

Economic development and the quality of jobs coming to Shelby County are the dominant issues as county elected leaders begin a new four-year term of office this month.

And there are plenty of indications the local strategy is about to change, or at least shift, in response to the resurgence in manufacturing and distribution in North Mississippi.

23. Hot Yoga Plus Expands in Memphis -

Hot Yoga Plus, a Nashville-based yoga concept, is opening a second Memphis area location.

Hot Yoga Plus, founded by Memphian Susannah Herring, has signed a 2,015-square-foot lease at 9037 Poplar Ave. in Germantown. The new store is expected to open this fall and follows the original Memphis location in Laurelwood.

24. Hot Yoga Plus Expands in Memphis -

Hot Yoga Plus, a Nashville-based Yoga concept, is opening a second Memphis area location.

Hot Yoga Plus, founded by Memphian Susannah Herring, has signed a 2,015-square-foot lease at 9037 Poplar Ave. in Germantown. The new store is expected to open this fall and follows the original Memphis location in Laurelwood.

25. Editorial: Recent Events Underscore Unraveling in Memphis -

There are times when it feels like Memphis is unraveling. And this is one of those times.

A sense of powerlessness returns in what has been a resurgence in hope and good vibrations about our city in recent years.

26. Marshall County in Running for Cummins Jobs -

Add the burgeoning industrial area in Marshall County, Miss., to the list of communities competing for a significant chunk of the Cummins Inc. jobs that are currently in Memphis.

27. PILOT Critics Push for Fuller Accounting -

One of the most vocal critics of payment-in-lieu-of-taxes economic development incentives – or PILOTs – says he intends to make them an issue in the 2015 Memphis elections.

Rev. Kenneth Whalum Jr. said his problem with the property tax abatements is the lack of disclosure about their details and how companies getting them have met the goals of creating jobs for Memphians.

28. Local Leaders Work to Keep Cummins in Memphis -

Memphis and Shelby County are preparing to fight a border battle with Mississippi to keep hundreds of jobs inside the city.

The state of Mississippi is aggressively courting diesel engine manufacturer Cummins Inc. to move most of its Memphis operations south of the state line to DeSoto County, according to sources familiar with the effort.

29. Meghan McMahon Joins Glankler Brown as Associate -

Meghan K. McMahon has joined Glankler Brown PLLC as an associate, concentrating her practice in business and commercial litigation and intellectual property. McMahon previously worked in academic and membership affairs for the NCAA, and has experience with issues relating to NCAA compliance, sports and entertainment contracts, intellectual property.

30. Meadows Appointed to State Dentistry Board -

Dr. Dan T. Meadows has been appointed to the Tennessee Board of Dentistry by Gov. Bill Haslam. Meadows, who has a private practice on Walnut Grove Road, will serve as the Rotating Dentist member through June 2016.

31. Bryant Touts Delta as Auto Epicenter -

A different kind of Detroit comparison was made in the Mississippi Delta this week.

It’s a comparison to Detroit’s golden age as the center of the U.S auto industry instead of its later decline and recent fiscal insolvency.

32. Expert: Memphis Has Big Story to Tell -

Memphis area commercial real estate brokers were not only brought up to speed on the latest numbers and trends Thursday, Feb. 7, at the Memphis Area Association of Realtors Commercial Property Forecast Summit – they were also briefed on how to tweak their marketing strategy to recruit business by a former executive with the Federal Reserve.

33. Schools Work To Grow Pool Of Engineers -

Last year President Barack Obama announced an “all-hands-on-deck strategy” to train 10,000 new American engineers every year.

Local schools like the Memphis Academy of Science and Engineering, Christian Brothers University and University of Memphis continue striving to attract new students to their engineering programs to train the next generation of engineers.

34. Events -

The Greater Memphis Chamber will host “A Conversation With … Jack Truong” Friday, June 8, from 11:30 a.m. to 1 p.m. at Memphis Cook Convention Center, 255 N. Main St. The Electrolux president will provide an update on the company’s timeline, jobs and more. Cost is $35 for members and $40 for nonmembers. Contact Tunga Lee at tlee@memphischamber.com or 543-3571.

35. The Right Place -

When people think of Memphis, they might picture an aerial shot of Downtown – skyscrapers, The Pyramid and all.

But Andy Cates’ view of Memphis is different. He sees the city’s “dirty, industrial real estate.”

36. CRE Outlook Remains Mixed -

A sophomore at the University of Memphis could open up an economics book and explain how the United States got to its current state through the laws of demand, diminishing returns and comparative advantage.

37. CRE Outlook Remains Mixed -

A sophomore at the University of Memphis could open up an economics book and explain how the United States got to its current state through the laws of demand, diminishing returns and comparative advantage.

38. 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.

39. Need Not Apply -

If America’s busted housing market is the ghost of recession past, then teenagers flipping burgers, selling clothes at the local mall or filling internships are in danger of becoming the ghosts of that downturn’s future.

40. Memphis Chamber Summer Program Comes to a Close -

The Greater Memphis Chamber has announced the end of its 2011 summer program, which will culminate in a reception and closing ceremony Wednesday, July 27.

The summer program, The Memphis Youth Career Development Program, is a partnership with the Greater Memphis Chamber and Cummins Inc. The eight-week session acquaints youth in the community with career opportunities. The comprehensive experience educates youth on the expectations and needs of work force and knowledge of emerging technology. MYCD offers a diverse group of staff serving as mentors, workshop leaders and business advisers.

41. Unemployment Claims Drop Sharply to 434K -

WASHINGTON (AP) – Fewer people applied for unemployment benefits last week, the second drop in a row and a hopeful sign the job market could be improving.

Still, economists cautioned that the trend would have to continue for several more weeks before a solid conclusion could be drawn that hiring is picking up.

42. DOJ: Prosecutor Firing was Politics, Not Crime -

WASHINGTON (AP) — The Bush administration's Justice Department's actions were inappropriately political, but not criminal, when it fired a U.S. attorney in 2006, prosecutors said Wednesday in closing a two-year investigation without filing charges.

43. Memphis’ Loss is Mexico’s Gain for Cummins Jobs -

Cummins Inc. is cutting 100 jobs from its engine remanufacturing plant in Memphis and transferring the work to a facility in Mexico.

44. Cummins Inc. Will Lay Off 100 -

Cummins Inc. could lay off up to 100 employees in Shelby County between July 15 and Sept. 15, according to a notice filed with the Tennessee Department of Labor and Workforce Development.

45. Technology Takes Ridgeway Middle Music to New Level -

The walls of a cinderblock city school classroom in East Memphis are hung with posters of John Coltrane, King Oliver, Otis Redding, Elvis Presley, Billie Holiday and a 78-inch interactive whiteboard called an ActivBoard.

46. ArtsMemphis Names Board of Directors -

ArtsMemphis has announced its new board chair and eight new board members.

Anne Stokes will serve as the new chairwoman.

47. Some Tenn. Workers Eligible For Job Training Aid -

Workers at two Tennessee plants are eligible for job training and cash assistance as part of the U.S. Labor Department’s Trade Adjustment Assistance program.

Tennessee Department of Labor and Workforce Development spokesman Jeff Hentschel said about 95 people at Cummins Inc. in Memphis and Eclipse Manufacturing in Pikeville qualify for the aid.

48. Chrysler Files for Chapter 11 Bankruptcy -

WASHINGTON (AP) – Chrysler LLC filed for bankruptcy protection Thursday and will form an alliance with the Italian carmaker Fiat Group SpA in an effort to revive the U.S.’ ailing third-largest automaker.

49. Diamond Int’l To Expand -

Change is coming to the northeast corner of East Brooks and Millbranch roads in Whitehaven, where Diamond International Trucks Inc. will double its size by taking over the former Chuck Hutton Toyota dealership.

50. Nissan Expands Miss. Plant for Commercial Vehicles -

CANTON, Miss. (AP) - Nissan Motor Co. will invest $118 million to retool its Mississippi auto plant to produce its first commercial vehicle made in the United States.

51. Wilson Named CBU Dean Of Graduate, Professional Studies -

Dr. Patrick Wilson has been named dean of the Graduate and Professional Studies program at Christian Brothers University.

Wilson will lead the marketing, recruitment and retention for evening undergraduate programs and graduate programs as well as have responsibility for the financial planning and administrative operations.

52. Crye Named Finalist For Entrepreneur of Year -

Harold Crye, Crye-Leike Realtors’ chief executive officer and co-founder, is a finalist for the Ernst & Young Entrepreneur of the Year Award in Alabama, Georgia and Tennessee.

Regional award winners will be eligible for consideration in the Entrepreneur of the Year 2008 national program.

53. Cummins Mid-South DonatesBillboard to ArtsMemphis -      Cummins Mid-South LLC has donated a billboard at 3770 S. Perkins Road to ArtsMemphis to inspire other local businesses to support the arts.
     The billboard features young dancers from Wat

54. Cummins BuysEast Brooks Property -      Memphis-based Cummins Mid-South LLC has bought a 33,966-square-foot auto-service garage at 1784 E. Brooks Road for $1.8 million. Cummins Mid-South, an auto parts and service company, already was the property's tenant, op

55. Wharton Discusses What China Delegation Means for Memphis, U.S. -

If Shelby County Mayor A C Wharton Jr. had any doubts about how small the business world has become, those doubts were dispelled when he went for his first Sunday Starbucks visit since returning from China last week.

56. Respected Architect Ventures Out -

A period of self-examination often accompanies the prospect of changing jobs, however frightening or thrilling - or a little of both - the opportunity seems. And it isn't difficult to imagine what might have run through the mind of architect Michael Walker when he recently left his job at the firm JBHM Architects.

57. Thompson Teeters on Presidential Edge -

In a generally favorable profile of former U.S. Sen. Fred Thompson that ran in the May 20 edition of The Washington Post, Liz Garrigan wrote that she once compared the lawmaker's appearance to that of the "Star Trek" character Worf.

58. Arkansas Prosecutor Still at Center of Cohen-Gonzales Debate -

Lately, his connection to Memphis has been the consulting work he's done in the city for a prominent agribusiness, U.S. Canadian Biofuels Inc., which is looking at building a large facility in the area.

59. Marketing Push Shows Businesses That Downtown Works -

The announcement in February that SunTrust Banks Inc. is clearing out of its 170,000-square-foot space in Downtown's One Commerce Square building - the second-tallest in the city - could be regarded as a setback for Downtown stakeholders.

60. South End's Cummins-MidsouthSoon to Receive Makeover -      The Cummins-Midsouth Building at the corner of Georgia Avenue and Riverside Drive in Downtown soon will undergo a makeover that will include façade changes, renovations to the existing building and a three-story addition

61. Top of the Heap -

When it opened with a bang in 1935, the parade of dignitaries, airplanes overhead and boats drifting along the Mississippi River no doubt made for quite a spectacle.

Today, something similar is occurring along Riverside Drive, which remains an upscale, well-maintained "front door" of the city some 70 years after its unveiling. Several real estate projects are bringing new townhomes, condominiums and streetscape improvements to the area.

62. LeMoyne-Owen Receives $500,000 Pledge -      The Cummins Foundation pledged one of its largest donations for 2006 to struggling, historically black LeMoyne-Owen College.
     The philanthropic arm of Columbus, Ind.-based Cummins Inc. p

63. IDB to Discuss PILOTsfor Jabil, Cummins, IP - The Memphis and Shelby County Industrial Development Board will discuss three payment-in-lieu-of-tax applications at a 3 p.m. meeting Thursday at City Hall, 125 N. Main St. Companies with PILOT applications up for consideration include International

64. Archived Article: Trends Focus - Amelia Carkuff, owner of Amelia Carkuff Interiors

Business Picks Up for Commercial Designers


The Daily News

Its been more than two years since Amelia Carkuff, owner of Amelia Carkuff Interiors, has seen the level of business ...

65. Archived Article: Newsmakers - Chancellor Arnold Goldin and General Sessions Judges Phyllis Gardner and Gwen Rooks completed a Judicial Academy conducted by

Local Judges Complete State Judicial Academy Chancellor Arnold Goldin and General Sessions Judges Phyllis Gardner and Gw...

66. Archived Article: Memos - Andy Lessin was appoixnted International Paper senior vice president of internal audit

Andy Lessin was appointed International Paper senior vice president of internal audit. Lessin has served as vice president of finance and chief accounting offi...

67. Archived Article: Real Briefs - Crye-Leike sold one of seven company-wide franchises to Mississippi broker Kenneth L

Crye-Leike sold one of seven companywide franchises recently to Mississippi broker Kenneth L. Wilson, owner of Wilson Realty in New Albany, Miss. The new office,...

68. Archived Article: Memos - The Tennessee Human Rights Commission named officers for the next year: Dr The Tennessee Human Rights Commission named officers for the next year: Dr. Benjamin Hooks, chairman; the Rev. John Gilmore, vice chair for West Tennessee; Brad Hodge, vice c...

69. Archived Article: Cummins (lead) - Cummins Engine applies for tax freeze on $5 Cummins project would add 150 jobs By SUE PEASE The Daily News A tax freeze application for a $5.5 million project that will create 150 new jobs over the next three years will be considered by the Industri...

70. Archived Article: Memos - Dr Dr. Robert McDowell, associate professor in the University of Memphis Department of Communication, has garnered another national and state award for work on the Keep Tennessee Beautiful radio public service campaign. McDowell produced and did voi...

71. Archived Article: Memos - Promus Names New Development Ronald C. Muzii Jr. has been named vice president of development for Promus Vacation Resorts. Muzii was formerly president of Innovative Hospitality Group Inc. in Miami. He is a graduate of Cornell University. B. Ted Ham...

72. Archived Article: Market Focus - By STACEY PETSCHAUER Bringing home South Africa International Business Council promotes trade, investment opportunities for local businesses By STACEY PETSCHAUER The Daily News Exploring trade opportunities for Memphis businesses always is a hot ite...

73. Archived Article: Back - 1996 growth exceeds previous year 1996 growth exceeds previous year The first three quarters of 1996 have been good overall for the Memphis economy, according to the latest figures compiled by the research department of the Memphis Area Chamber of C...

74. Archived Article: Per Capita Income - 7/16 jts per capita income Per capita income up in Memphis, state 1990-1994 growth shows strong economy since recession By JAMES SNYDER The Daily News Good economic news these days, so the 1990s cliché goes, is bad for business. But good tidi...

75. Archived Article: Cummins Engine Chg - Building starts on offices Construction begins on office finishes for Cummins Engine Company plans July move to new facility on Quest Way By CAMILLE H. GAMBLE The Daily News Industrial Developments International has started construction on the final...

76. Archived Article: Industrial Chg - 04-24 chg industrial Warehouse starts total 1.5 million square feet in first quarter 1996 By CAMILLE H. GAMBLE The Daily News Warehouse starts for the first quarter of 1996 for Shelby County totaled more than 1.46 million square feet, according to b...

77. Archived Article: Commercial Chg - 04-11 chg commercial Commercial construction, costs up in first quarter By CAMILLE H. GAMBLE The Daily News Commercial construction was strong for the first quarter of 1996 in Shelby County, with permits filed totaling more than $139 million in valu...