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Editorial Results (free)

1. Stephens Joins Maintenance Team at Commercial Advisors -

Timothy Stephens has joined Cushman & Wakefield/Commercial Advisors as a maintenance mechanic at One Commerce Square. In his new role, Stephens will performing plumbing, painting and general maintenance services.

2. State Lease Bolsters One Commerce Square -

F. Scott Fitzgerald once said there were no second acts in American lives.

But One Commerce Square, the towering Downtown office building at Union Avenue and Main Street, is preparing for its third act.

3. Crosstown Wins 20-Year Tax Break -

The $180 million project to revitalize the Sears Crosstown building won a 20-year payment-in-lieu-of-taxes (PILOT) agreement Thursday, Oct. 10, from the Center City Revenue Finance Corp.

4. Baptist Begins Construction on $14.1 Million Pediatric ER -

Baptist Memorial Health Care Corp. began construction this week on a new pediatric emergency department at Baptist Memorial Hospital for Women.

5. State Delays Office Lease Announcement -

Groups hoping to garner the state’s real estate needs Downtown will have to wait a little longer to find out if they placed the winning bid.

The state had originally planned to issue a notice of awarding the lease for its office space needs Tuesday, July 23, but that date has been changed to Aug. 19, when the executive subcommittee of the State Building Commission meets.

6. Jensen Guided by Service to Neighbors, Community -

While some companies have mission statements that stretch on for pages, Larry Jensen has boiled his firm’s strategic vision – and much of his outlook on life – down to a simple equation: FC3.

7. Five Groups Bid for State Office Space -

Five groups have submitted bids to become the new home to roughly 900 state workers.

JP-Memphis, Memphis Commerce Square Partners, Peabody Tower GP, Peabody Place Gold GP and Hertz Memphis all submitted bids for the state’s real estate needs.

8. Cocktail Napkin Reality -

North Mississippi attorney Stan Little’s private plane had become so popular with friends they joked that he should start his own regional airline.

“Anybody that knows someone who owns a plane wants to borrow it,” he said. “Once you have done that once, you never want to go back through an international airport hub ever again.”

9. ‘All Options Open’ -

It’s been almost two years since Pinnacle Airlines moved more than 600 employees into the One Commerce Square building Downtown.

Hailed as a victory in the long-running battle to revive Downtown, Pinnacle’s move to the 29-story building at Union Avenue and Main Street was hailed by city, county and business leaders as a signature event that would spur more investment and development in the city’s core.

10. Core Focus -

The Great Recession silenced construction crews throughout the Memphis area, and that was especially evident Downtown, where ambitious, skyline-changing projects were put on hold, reconfigured or scrapped altogether.

11. South Main’s New Life -

The history of the South Main Historic Arts District is as colorful as its present-day users, an alternating rhythm of sorts in Memphis’ songbook.

The area has oscillated from its ritzy suburban roots of the 1800s to the industrial era ghost town of the 20th century and now to its current status as Downtown’s flourishing arts and boutique district and the subject of some $100 million in investment. And it’s all due to stakeholders who braved the status quo in distinguishing the southern end of the Central Business District as that funky place with an indescribable vibe.

12. Pinnacle Departure Brings Real Estate Challenge -

Pinnacle Airlines Corp.’s relocation of its Memphis headquarters to Minneapolis by May should have long-term leasing effects on the Downtown office market.

13. NAI Saig Well-Positioned for Real Estate Rebound -

Commercial real estate is making a strong come back for one Memphis brokerage firm as previously shelved projects come roaring back to life.

Edward Saig said that a rise of activity in 2012 demonstrates the ability of banks to lend in an era of tight regulation.

14. Public Hearings Begin On Main to Main Connector -

Downtown Memphis Commission president Paul Morris calls it “Main Street to Main Street Over The Harahan.”

The unofficial name for the $30 million project linking Main Street Memphis to Broadway Street in West Memphis via a bicycle and pedestrian boardwalk on the Harahan rail bridge across the Mississippi River draws fewer questions than the title that involves the term “intermodal connector.”

15. Event Pushes Entrepreneurs to Seek Corporate Dollars -

Only 2 percent of women-owned businesses break the $1 million mark in revenue, and of those that do, 56 percent of their sales come from corporate clients.

The reality is, within just two years of adding the first corporate client, women business owners experienced a 266 percent growth in revenue.

16. Visionary Project -

The reversal of fate for the blighted Chisca Hotel at the intersection of South Main Street and Dr. Martin Luther King Jr. Avenue, plagued by passive out-of-town ownership and environmental hazards, was set in motion during a phone call about 18 months ago.

17. MRI Interventions Completes $6 Million Financing -

MRI Interventions, a Memphis-based medical device business, has completed a private placement equity financing in which the company received gross proceeds of $6 million from the sale of approximately 5.45 million units at a purchase price of $1.10 per unit.

18. CCRFC Approves Chisca Hotel Tax Break -

Memphis Center City Revenue Finance Corp. at its Tuesday, June 12, board meeting approved a 20-year PILOT (payment-in-lieu-of-taxes) program for the restoration of the Chisca Hotel led by Main Street Apartment Partners LLC.

19. CCRFC Approves Chisca Hotel Tax Break -

Memphis Center City Revenue Finance Corp. at its Tuesday, June 12, board meeting approved a 20-year PILOT (payment-in-lieu-of-taxes) program for the restoration of the Chisca Hotel led by Main Street Apartment Partners LLC.

20. CCRFC to Consider Chisca PILOT -

A group of local investors spearheading the restoration of the Chisca Hotel will go before the Memphis Center City Revenue Finance Corp. Tuesday, June 12, seeking a pair of incentives as part of the $19.6 million project.

21. Berger Working on Food Truck Alliance -

As if owning and operating the city’s fastest growing self-serve frozen yogurt business isn’t enough, Taylor Berger is about to add two more hospitality titles to his resume.

22. Memphis: Industrial Small Giant -

The Memphis Metro is an interesting industrial market. Like many other markets, we’ve begun to see positive signs in the numbers: We ended 2011 with positive absorption of more than 1.6 million square feet.

23. Elite Electric Relocates to Hickory Withe -

A local electrical designer is relocating its operations from Collierville to Hickory Withe.

Elite Electric & Lighting Inc. has purchased 5,000 square feet of the former John Deere Landscapes facility at 2875 U.S. 64 from K&L Highway 64 Investments LLC for $425,000.

24. Bluff City Coffee Inks New Space -

Bluff City Coffee, the coffee and snack shop in Downtown’s South Main Historic Arts District, has recently unveiled some aggressive expansion plans.

The local eatery has leased a 3,000-square-foot kitchen in the Pembroke Building, 119 S. Main St., in the space behind the Center for Southern Folklore.

25. Pinnacle Faces Falling Stock, Furloughs -

New York-based investment firm Maxim Group LLC initiated coverage of the stock of Memphis-based Pinnacle Airlines Corp. on Monday with a “sell” rating, and in a note to clients said the company has a “high probability” of ending up in bankruptcy.

26. Pinnacle Faces Falling Stock, Furloughs -

New York-based investment firm Maxim Group LLC initiated coverage of the stock of Memphis-based Pinnacle Airlines Corp. on Monday with a “sell” rating, and in a note to clients said the company has a “high probability” of ending up in bankruptcy.

27. Pinnacle Facing Strong Headwinds -

It’s been a rough week for Memphis-based Pinnacle Airlines Corp. The regional air carrier – in an age of capacity cuts by major airlines targeting regional carriers – saw its common shares drop to $1.02 per common share Tuesday at the end of the trading day. The stock closed Wednesday at $1.18, but was back down to $1.05 at close Thursday.

28. Marty Regan Blends Civic, Community Duties -

When Marty Regan looks out from his penthouse view at One Commerce Square, he sees an array of public and private partnerships that wouldn’t have been possible without real estate attorneys.

29. ‘Business Friendly’ -

Growth is the buzzword in Bartlett and Northeast Shelby County, where the Bartlett Area Chamber of Commerce is in the midst of the second phase of a comprehensive economic development strategy zeroing in on four growth industries.

30. $20M in Improvements On Tap for One Commerce -

Plans for $20 million in tenant improvements are coming right along at One Commerce Square.

Commercial Advisors LLC held a tenant meeting and appreciation lunch Thursday, Aug. 11, in the historic bank lobby, 40 S. Main St. The event was led by Gary Prosterman, president and CEO of Development Services Group and one of the partners in Memphis Commerce Square Partners LLC, the new ownership group of One Commerce.

31. $20M in Improvements on Tap for One Commerce -

Plans for $20 million worth of tenant improvements are coming right along at One Commerce Square.

Commercial Advisors LLC held a tenant meeting and appreciation lunch Thursday, Aug. 11 in the historic bank lobby, 40 S. Main St. The event was led by Gary Prosterman, president and CEO of Development Services Group and one of the partners in Memphis Commerce Square Partners LLC, the new ownership group of One Commerce.

32. Pinnacle Reports $2.4M Q2 Loss -

Pinnacle Airlines Corp. will begin moving into its new headquarters at One Commerce Square Downtown next week and complete the move from the airport area in December, the regional air carrier’s new CEO told analysts this week.

33. Pinnacle Reports Q2 Loss -

Pinnacle Airlines Corp. will begin moving into its new headquarters at One Commerce Square Downtown next week and complete the move from the airport area in December, the regional air carrier’s new CEO told analysts this week.

34. Pinnacle Shows Q2 Loss of $2.4M -

Memphis-based Pinnacle Airlines Corp. posted a $2.4 million net loss for the second quarter of 2011.

The regional air carrier had notified analysts last week that the second quarter numbers would take an unexpected hit in part because of higher than expected fuel costs and scheduling changes from the airline’s partners that caused a shift in the assignment of pilots.

35. Brokers Join Forces at Commercial Advisors -

Until about six months ago, Bentley Pembroke and Phil Dagastino represented office landlords on an individual basis.

But following the recent signing of Electrolux’s 14,000-square-foot lease at One Commerce Square, 40 S. Main St., the duo decided to join forces as the exclusive office leasing team for Commercial Advisors Asset Services LLC.

36. Local Companies Working to Navigate Economic Straits -

The financial services business seems like a tough one to be in these days.

Investors have for the last few weeks treated bank stocks like the piñata of Wall Street. Bankers, attorneys and investment professionals have boiled a massive government overhaul of the country’s financial regulations down to clipped phrases like “finreg” and “Dodd-Frank” that they speak of often with a grumble or a shaking of the head.

37. WPG Americas Signs Lease in Southaven -

A San Jose, Calif.-based worldwide electronics distributor is entering the Memphis area with full force.

WPG Americas Inc. has signed a 54,000-square-foot lease at Airways Distribution Center, 481 Industrial Drive, in Southaven. The project – a relocation of the WPG America’s New York facility – represents a $1.5 million investment by the company and will create 60 jobs over the next three years.

38. Independent Bank Eyes Space in One Commerce -

A bank logo may soon be returning to One Commerce Square.

Multiple sources confirmed Independent Bank is in the final stages of negotiating a deal to put a bank branch – and possibly additional office space – in the landmark Downtown tower, where for years the top of the building was adorned with the logo for National Bank of Commerce and later SunTrust Banks Inc.

39. Electrolux Officials Sign Downtown Office Lease -

Before it builds a new manufacturing plant at Frank C. Pidgeon Industrial Park, Electrolux will set up shop in Memphis with a Downtown office.

The Swedish appliance maker has signed a 14,000-square-foot lease at One Commerce Square, 40 S. Main St., where it will occupy the building’s entire 24th floor.

40. Electrolux Signs Lease for One Commerce Square Space -

Before setting up shop at in Southwest Memphis, Electrolux will reside Downtown.

The Swedish appliance maker has signed a 14,000-square-foot lease at One Commerce Square, 40 S. Main St., where it will occupy the entire 24th floor of the building.

41. Renovations Begin at Pinnacle Headquarters -

40 S. Main St.
Memphis, TN 38103
Permit Amount: $8.7 Million

Project Cost: $8.7 million
Permit Date: Applied February 2011
Owner: Memphis Commerce Square Partners
Tenant: Pinnacle Airlines Corp.
Contractor: Grinder, Taber & Grinder Inc.

42. $8.7M Permit Filed for Pinnacle HQ -

Memphis Commerce Square Partners has filed a $8.7 million permit application with the city-county Office of Construction Code Enforcement for renovation work to One Commerce Square, Pinnacle Airlines Corp.’s future headquarters.

43. Virtus Real Estate Buys Self-Storage Facilities -

6714 Winchester Pointe Cove and
314 S. Mt. Pleasant Road
Sale Amount: $2 million; $1.5 million

44. What Happens Next -

Take a good look around you, Memphis.

The next 12 months have so much in store, almost anywhere a person looks – from the neighborhood school to the family doctor to office buildings Downtown to industrial space in South Memphis – the pace of change is likely to make 2011 one for the record books.

45. Pinnacle Performs Well in November -

Taking advantage of increased holiday travel, Memphis-based Pinnacle Airlines Corp. saw solid passenger activity for its three subsidiaries in November, the company announced Tuesday.

46. Glankler Brown’s Eastbound Move Starts Friday -

The long-planned relocation of Glankler Brown PLLC’s Downtown office to East Memphis, which resulted in one of the most significant commercial real estate deals inked this year, gets under way Friday.

47. Pinnacle Seeks CCDC Funds to Aid Move -

Downtown boosters are still trying to add incentives to the mix to smooth the way for Pinnacle Airlines Corp. to bring its corporate headquarters to Downtown’s One Commerce Square.

48. Downtown Touchdown -

Many of the dominoes that fell into place in advance of Pinnacle Airlines Corp. deciding to move its Memphis corporate headquarters to the landmark Downtown tower One Commerce Square happened in the public eye.

49. The Law of Attraction -

The state of Tennessee is basking in the glow of its growing reputation as a top destination for companies following a myriad of accolades for its favorable and welcoming business climate.

While Chief Executive magazine ranked the Volunteer State the nation’s third best for business, Southern Business & Development magazine named Tennessee its State of the Year.

50. Pinnacle Board Gets Downtown Hard Sell -

Pinnacle Airlines Corp. executives, after listening to a coordinated, Downtown-focused pitch from developers, businessmen and political leaders, will now take about a month to finish deciding where to relocate their corporate headquarters.

They’re considering sites Downtown, near Memphis International Airport as well as beyond the city. Mississippi has made what Pinnacle acknowledged is a “generous” offer for the company to move to Olive Branch.

Pinnacle executives are in town this week for the Memphis-based regional air carrier’s regular board meeting. Backers of the proposal to make Pinnacle the anchor tenant at Downtown’s One Commerce Square took that opportunity to make their case directly to the company in a private meeting Tuesday evening on the 29th floor of the landmark tower.

After about an hour, Pinnacle executives descended to the One Commerce lobby, where Memphis’ business elite were gathered, refreshments were served, and projected onto a screen were the words “Pinnacle Land Here” against a backdrop of the city.

Guests included a handful of political leaders, representatives of the Greater Memphis Chamber, EmergeMemphis, the Center City Commission and the heads of Memphis two largest locally-based banks, First Tennessee and Independent Bank, among other people.

Contrasting with the traditional nametags everyone else wore, the nametags of Pinnacle board members were brightly colored. All the better, Downtown supporters pointed out, for identifying them and laying on the charm.

“We’re going to fill this building,” exclaimed Karl Schledwitz, one of the partners with Southland Capital president Terry Lynch involved in buying the tower and working to lease a significant portion of it to Pinnacle.

As guests mingled, a marketing video produced by the Center City Commission was played on one wall that featured Downtown workers talking up the neighborhood. The same video was shown earlier that evening during the private pitch to Pinnacle’s board.

Making the case to the board were Memphis Mayor A C Wharton Jr.; incoming Shelby County Mayor Mark Luttrell and representatives of the investors buying One Commerce, as well as the Center City Commission and the Looney Ricks Kiss architectural firm.

Pinnacle Airlines Corp.’s board of directors participated in a walk-through of One Commerce Square, hosted by members of the Center City Commission, the investors who are buying the building, and key business and government leaders,” said Phil Trenary, Pinnacle’s president and CEO, in a statement released Tuesday night. “This visit gave our board an opportunity to get a firsthand look at the building.

“Pinnacle has not selected a new site and still has to complete an in-depth analysis on this and other sites. We appreciate the interest and enthusiasm that the City of Memphis, the CCC, the Chamber and the ownership group have shown as we move through this process.”

Tuesday was the culmination of a months-long synchronized attempt at deal-making among several entities working to keep Pinnacle from being lured away from Memphis.

Details of the multimillion-dollar incentive package business and civic leaders have pieced together to cement the Downtown location for Pinnacle also began to trickle out Tuesday.

Coupled with that, a series of well-timed dominoes still needs to fall into place before a deal sweetened with a variety of incentives comes together.

Lynch confirmed Tuesday afternoon that several things have to happen more or less simultaneously.

The city, or perhaps an entity like one of the Center City Commission’s affiliated boards, would need to buy a nearby parking garage at the same time the investors buy One Commerce Square and at the same time Pinnacle signs a lease. Plans in the works now call for leasing the nearby parking garage back to One Commerce Square's new owners and giving Pinnacle parking there. More Pinnacle parking would be available at 250 Peabody Place.

Lynch said a memorandum of understanding has already been making its way around to various people involved in the deal. Wharton, outgoing Shelby County Mayor Joe Ford and CCC President Paul Morris have all signed a memo outlining the proposed incentives.

Lynch said U.S. Bank, the current owner of One Commerce Square, has accepted the investment group’s bid, but plenty more moving pieces need to fall into place.

“We have a letter of intent and we’re working through a contract right now. We’re just going back and forth. That’s the status of it right now,” Lynch said.

He said the timeline for next steps is fluid.

“If we don’t get past the first one, we can’t get to the second one,” Lynch said. “There’s various steps we have to get to.”

Wharton said Tuesday the city would like to commit $3 million from the $5 million economic development fund Wharton recently asked for the City Council’s approval to establish.

Wharton also mentioned Tuesday the possibility of applying for $15 million in American Recovery and Reinvestment Act bond allocations from the state to add to the pot of financing for the Pinnacle deal.

Another facet of the issue is how to pay for and fit into the package the acquisition of a nearby parking garage for Pinnacle’s use. The importance of that topic was discussed by Downtown officials with Pinnacle’s board Tuesday night.

“Landing Pinnacle Downtown would be a big boost in all kinds of ways,” said council member Bill Boyd.

U.S. Bancorp recently accepted the bid to buy One Commerce Square tower from a group of investors that includes Lynch; Schledwitz; and Gary Prosterman.

Lynch’s group is committing $25 million to $30 million on the building, which includes the purchase price and improvements to the building in the coming months. The group is now teeing up a deal to make Pinnacle the building's anchor tenant, something that Wharton has said will be an attraction to other businesses that have expressed interest in following suit if Pinnacle inks a deal.

Lynch wasn’t able to disclose the building's formal purchase price, but One Commerce Square was listed for $12 million.

Look for updates at The Daily News Online, www.memphisdailynews.com.

...

51. Multimillion Dollar Incentive Package on Tap for Pinnacle -

The city and other partners have pieced together a multimillion-dollar incentive package to help cement a new Downtown location for Pinnacle Airlines Corp.

52. The Hard Sell -

To understand how Northwest Mississippi’s small boomtowns like Olive Branch keep one-upping Memphis and reeling in jobs and taxpayers with the promise of greener pastures, an Internet video is one place to start.

53. Deal 'Huge' For Office Real Estate Market -

The lease that sent Glankler Brown PLLC from Downtown to East Memphis was one of the most significant commercial real estate deals inked all year, even in a city known for its abundance of large industrial transactions.

54. Glankler Brown Departs Downtown -

Glankler Brown PLLC, a law firm that has been a Downtown mainstay for nearly a century, won’t renew its lease at One Commerce Square and will move to East Memphis.

55. Glankler Brown Departs Downtown -

Glankler Brown PLLC, a law firm that has been a Downtown mainstay for nearly a century, won’t renew its lease at One Commerce Square and will move to East Memphis.

The firm on Friday announced a 10-year, 32,000-square-foot lease with Highwoods Properties at Triad Centre I at Poplar Avenue and Shady Grove Road near Interstate 240, in the heart of the most desirable office corridor in town.

56. Lamar Building Gets Push Forward -

A building that has been home to a Dixie Mart department store, a Holiday Inn technical support facility and an IRS processing center will have yet another purpose thanks to an out-of-town investment group.

57. Carlisle Corp. Files Building Permit For Downtown Corporate Headquarters -

263 Wagner Place
Memphis, TN 38103
Permit Amount: $1.5 Million

Project Cost: $2.7 million
Permit Date: Applied April 2010
Completion: TBA
Owner: Carlisle Corp.
Tenant: Carlisle Corp.
Contractor: N/A
Architect: N/A

58. Commercial Sales Close 2009 on High Note -

Shelby County’s commercial real estate market saved its best for last in 2009, as the final month registered the highest sales total and largest dollar volume all year.

Not only that, but December marked the first year-over-year increase for a month during 2009 and the first year-over-year increase for a month since December 2007.

59. Investor Announces $1B Auto Plant for Tunica -

TUNICA COUNTY – Renowned for growing cotton and building casinos, Tunica County soon will make a name for manufacturing cars.

GreenTech Automotive Inc.’s Chinese owner on Tuesday announced plans to bring one of the most ambitious manufacturing and economic development projects in recent history to the Mid-South.

60. Investor Announces $1B Auto Plant for Tunica -

TUNICA COUNTY – Renowned for growing cotton and building casinos, Tunica County soon will make a name for manufacturing cars.

GreenTech Automotive Inc.’s Chinese owner on Tuesday announced plans to bring one of the most ambitious manufacturing and economic development projects in recent history to the Mid-South.

61. EmergeMemphis to Launch $1.3M Expansion -

EmergeMemphis, the 10-year-old business incubator helping groom more than two dozen companies from its 60,000-square-foot space on Tennessee Street, is ready to grow up.

After two years of planning, EmergeMemphis is poised to expand its space for fledgling startups by developing the top floor of its building, a project that will cost $1.26 million.

62. Commercial Real Estate Pocked by Financial Ruins -

Commercial real estate deals used to be hammered out in boardrooms, but with the rise of foreclosures in that sector, many of them are now being negotiated at the courthouse.

The steps of the Shelby County Courthouse proved to be a hot spot for high-dollar, high-profile commercial deals in June, a month that saw the most lucrative transaction and two of the top three sales occur following foreclosures.

63. Building Permit Filed For General Washburn Apts. -

56 S. Main St.
Memphis, TN 38103
Permit Amount: $5.7 Million

Project Cost: $8 million
Permit Date: Applied January 2009
Completion: Fall 2009
Owner: Downtown Developers LLC
Tenant: Downtown Developers LLC
Contractor: Naylor Construction
Architect: Blackledge Architecture PC

64. Lightman Realty to Begin Phase II of Centennial Gardens -

7751 Centennial Drive
Memphis, TN 38125
Permit Amount: $10.6 Million

Project Cost: $14 million
Permit Date: Applied October 2008
Completion: 2010
Owner: Michael Lightman Realty Co.
Tenant: Michael Lightman Realty Co.
Contractor: Patton & Taylor Construction Co.
Architect: MMH Hall Architects and Planners Inc

65. The Hollingsworth Cos. Buys Two Warehouses -

Clinton, Tenn.-based The Hollingsworth Cos. has bought a warehouse portfolio for $1.9 million from Commerce Center LP, an entity related to Memphis-based Loeb Properties. Operating in the transaction as Hollingsworth Capital Partners-Investments III LLC, The Hollingsworth Cos. acquired the industrial buildings at 3665 and 3715 S. Perkins Road.

66. Financing in Place For Towne Center at Soulsville -

915 E. McLemore Ave.
Memphis, TN 38106
Loan Amounts: $5.8 million; $1.5 million; $1.5 million

Loan Dates: May 5, 2008

Maturity Dates: N/A

Borrower: New Towne Center Inc.

67. Partnership Turns New Page for Vacant Burke's Building -

The former Burke's Book Store at 1719 Poplar Ave. has sold for $445,000 to Poplar Auto Partners, an investment group headed by commercial real estate broker Mark Johnson.

The sale closed April 7, the same day the company filed a $1.1 million construction loan through Covenant Bank for renovations to the 84-year-old building's exterior and interior, according to the Shelby County Register of Deeds.

68. Developers Bring Apartments to Condo-Rich Downtown -

With recent announcements of plans to rehab two historic properties, two development teams have signed on to give Downtown something it's been thirsting for - apartments.

Development groups called 91 Cotton Row LLC and Downtown Developers LLC have joined a growing list of groups bringing multifamily product to a submarket that many believe is oversaturated with condominiums and underserved by apartments.

69. Coastal Partners AffiliatesBuy Delp Street Warehouse -      Three limited liability companies affiliated with California-based Coastal Partners LLC have bought a 153,380-square-foot warehouse at 4286-4362 Delp St. near Memphis International Airport.
    &n

70. Supply-Chain Slowdowns Could Spell Big Business for Warehouses -

Can Memphis benefit from a nationwide economic slowdown? Probably not, but the city dubbed America's Distribution Center might be better situated than most cities to weather the ferocious storm ahead.

71. Archived Article -

Five addresses
In Millington
Loan Amount: $7 million

Loan Date: July 25, 2007

Maturity Date: July 25, 2008

72. Parkway Picks Commercial Alliance -

Memphis-based Commercial Alliance Management LLC has been tapped to handle all new leases for a Downtown office portfolio that includes the Morgan Keegan Tower, Falls Building and Toyota Center.

Those buildings are owned by Jackson, Miss.-based Parkway Properties Inc., a real estate investment trust (REIT) that had contracted last fall with Trammell Crow Co. to lease the properties.

73. CCC Celebrates 30th Birthday With Clutch Of Downtown Redevelopment Plans -

One indicator of how successful the Center City Commission (CCC) has been in its 30-year run as the prime driver of growth in Downtown Memphis is a hefty price tag.

That price tag is $395,058, which represents the average price per acre of vacant land that was sold in Downtown's 38103 ZIP code from March 2006 through February 2007, according to real estate information company Chandler Reports, www.chandlerreports.com. During the same period one year earlier, the average price was $293,744. A year before that, an acre of vacant land went for an average price of $148,466.

74. Events -

The City of Bartlett holds a pre-bid meeting for the Veterans Memorial Vision at Veterans Park project Tuesday at 10 a.m. at Bartlett Station Municipal Center, 5868 Stage Road, in the reception hall. For more information, call Wade Towles at 385-6499 or Ben Witt at 767-3924.

75. Archived Article: This Week - SBA and SCORE Host Loan Workshop

SBA and SCORE Host Business Loan Workshop

April 25

The Small Business Administration and Service Corps of Retired Executives of Memphis host free community loan workshops at 10:30 a.m. and 6 p.m. at the Rena...

76. Archived Article: Real Recap - 3316 Hickory Hill Road

Eastview Apartments Sell for $7.9 Million

3316 Hickory Hill Road

Memphis, TN 38115

Cost: $7.9 million

Buyer: Eastview 432 LP

Seller: Mid-America Apartments LP

Property: Eastview Apartments at 3316 Hickory ...

77. Archived Article: Lead - By Andy Meek

Building Permits Maintain Steady Climb

Downtown construction booms in 04, remains strong

ANDY MEEK

The Daily News

Downtown was at the center of a construction blitz in 2004, but other areas of the local market also experi...

78. Archived Article: Real Recap - 6

Lofts Planned for Memphis Imports Building

1.36 acres near

Riverside Drive

Cost: $8.5 million

Borrower: Jason Crews Partnership

Lender: First Tennessee Bank NA

Trustee: Robert C. Liddon and Thomas F. Baker IV

Property: 1.36...

79. Archived Article: Daily Digest - Wolf River Center Land

Wolf River Center Land

Sells for $1.2 Million

Light-Red Wolf Ventures LLC has purchased vacant land in Germantowns Wolf River Professional Center from First Tennessee Bank for $1.2 million, according to The Daily News...

80. Archived Article: Daily Digest - VRF Building Partners

VRF Building Partners

Buys Ridge Lake Property

VRF Building Partners LLC has purchased 1.76 acres of land at 825 Ridge Lake Blvd. near Interstate 240 from RME Associates for $8.2 million, according to The Daily News Pu...

81. Archived Article: Real Recap - 6310 Poplar Ave

Developers Make Plans for Former Church Property 6310 Poplar Ave.

Memphis, TN 38117

Cost: $3.1 million

Buyer: WN Poplar-Massey

Seller: Kingsway Christian Church of Memphis, Tenn.

Property: Two acres at 6310 Poplar A...

82. Archived Article: This Week - This Week in Memphis September 15-21

MBA Hosts Practice Management Seminar September 16

The Memphis Bar Association hosts 60 Tips in 60 Minutes: How to Manage Your Practice So It Doesnt Manage You from noon to 1 p.m. in its conference room, On...

83. Archived Article: Law Briefs - Law briefs 12-26-02

Desperate hours, a seminar providing last-minute continuing legal education is 8:30 a.m. to 4:30 p.m. Monday in the Memphis Bar Association conference room, One Commerce Square, Suite 1050. Attorneys with different areas of sp...

84. Archived Article: Law Briefs - Law briefs 12-19-02

A replay of the Practising Law Institute video, The New Disclosure and Corporate Governance Regime Post-Enron: What Corporate and Securities Lawyers Must Know Now, runs from 10 a.m. to 5 p.m. today in the MBA conference room, ...

85. Archived Article: Standout - Man of Memphis

Developing a dream

By SUE PEASE

The Daily News

For a reporter looking for information about real estate development in Downtown Memphis, a good place to start is a call to John Lawrence, Center City Commission director of ...

86. Archived Article: Law Focus - Mid South industrial growth continues despite slowing economy Mid-South industrial market reflects national slowdown By MARY DANDO The Daily News Although Memphis still holds the top spot as the premier distribution center of the United States, the ...

87. Archived Article: Showcase (lead) - Chamber and MMBC team up again Chamber, MMBC plan for business showcase By SUE PEASE The Daily News With a partnership that made a success story out of last years business tradeshow, the Memphis Area Chamber of Commerce and the Mid-South Minority Bu...

88. Archived Article: Tech Briefs - The U The U.S. District Court for Western Tennessees new Web site, www.tnwd.uscourts.gov, has developed into an extensive online resource for the legal community including the attorney handbook, local rules, model jury instructions, court certified ...

89. Archived Article: Marketplace - Rough and tumble weeks for local dot-coms Local dot-coms ride rough and tumble month By SUE PEASE The Daily News Its been a tough couple of weeks in the local dot-com marketplace. Three promising local companies have been hit hard. Vention Inc., hea...

90. Archived Article: Lead (cochran) - By SUE PEASE Commissioner merges practice with Cochrans firm By SUE PEASE The Daily News Johnnie L. Cochran Jr. was in Memphis this week to be sworn in as a member of the Tennessee Bar Association. Cochran, who garnered the national spotlight as a d...

91. Archived Article: Real Review - By SUE PEASE Orange Mound initiative gets boost with new partners By SUE PEASE The Daily News A housing initiative in Orange Mound received extra resources as two new players joined a revitalization project started in 1998. The Orange Mound Developm...

92. Archived Article: Champion (lead) - Memphis Trade Center III begins construction Champion begins Memphis Trade Center III By SUE PEASE The Daily News Dallas-based Champion Partners began construction of a 708,000-square-foot speculative warehouse and distribution center in south Memph...

93. Archived Article: Law Briefs - The recently released 2000 Altman Weil Survey of Law Firm Economics reports law firms in the United States experienced a modes The recently released 2000 Altman Weil Survey of Law Firm Economics reports law firms in the United States experienced a m...

94. Archived Article: Submitorder (lead) - By SUZANNE THOMPSON E-commerce firm needs 200 for Lamar fulfillment center By SUZANNE THOMPSON The Daily News The latest e-commerce company to enter Memphis is now calling for the citys work force to fill job openings at its new distribution center....

95. Archived Article: Law Briefs - The Memphis Bar Association presents the ninth annual Entertaining Motions Tuesday at Playhouse on the Square The Memphis Bar Association presents the ninth annual "Entertaining Motions" Tuesday at Playhouse on the Square. A light dinner i...

96. Archived Article: Market Briefs - An Individual Tennessee Occupational Safety and Health Administration Update for Health Care Workers is scheduled Wednesday, s An Individual Tennessee Occupational Safety and Health Administration Update for Health Care Workers is scheduled Wednesda...

97. Archived Article: Scansource P. 2 - ScanSource names new leadership ScanSource names new leadership for Memphis distribution center ScanSource, a North American distributor of specialty technology products such as point-of-sale and bar coding equipment, has announced a new executive s...

98. Archived Article: Gov't (lead) - Developer to transform Developer transforming bank into recording studio By KATHLEEN BURT The Daily News A building in the heart of Downtown sitting vacant for years may soon be brought back to life, and with a distinctly rhythmic beat. Cadre Realty...

99. Archived Article: Real Review Lj - Real Review 12-07-99 DeSoto County fans industrial development flames Industrial development in DeSoto County continued at a record breaking pace in 1999. The DeSoto County Economic Development Council announced Friday a record capital investment of...

100. Archived Article: Market Briefs - Memphis Light, Gas & Water received the 1999 Partners in Philanthropy Award from the National Society of Fund Raising Executiv Memphis Light, Gas & Water received the 1999 Partners in Philanthropy Award from the National Society of Fund Rais...