4569 Summer Ave. Memphis, TN 38122

Sale Amount: $2.7 million

Sale Date: May 17, 2013

2. Shopping Center Group Sees Retail Starting to Rally - Saturday, May 25, 2013

The Shopping Center Group is seeing activity perk up a bit in 2013 following several years of sluggishness in the local retail market due to the recent recession.

“It is definitely a lot better than it was two to three years ago. We are busier than we were then,” said Danny Buring, managing partner of The Shopping Center Group’s Memphis office.

3. Building Relationships Key to Barden’s Success - Saturday, May 25, 2013

For Will Barden of Colliers International, cultivating his network of relationships is vital to his success over the past 16 years in the Memphis office real estate market.

4. Editorial: Convention Center Likely Years Away - Saturday, May 25, 2013

Nashville cut the ribbon this month on Music City Center, its massive new convention center that some Memphis leaders would like to match.

It is very tempting to point out that we have chased other cities in the past with these kind of massive civic projects and not fared well at all.

5. Changing Current - Wednesday, May 22, 2013

The Uptown waterfront along the Wolf River Harbor – the area of the rejuvenated Uptown neighborhood that has for the most part been left out of the revitalization – could soon become a bustling waterfront village, according to a recently released master plan for the area.

6. Cresthaven Medical Building Sells for $2.5 Million - Tuesday, May 21, 2013

1068 Cresthaven Road Memphis, TN 38119

Sale Amount: $2.5 million

Sale Date: May 2, 2013

7. Nike Distribution Center Issued $4.4 Million Permit - Monday, May 20, 2013

The city-county Office of Construction Code Enforcement has issued a $4.4 million mechanical permit for work on Nike Inc.’s North Memphis distribution center at 3100 New Frayser Blvd.

8. River Infrastructure Fee Tough Sell in DC - Thursday, May 16, 2013

U.S. Rep. Stephen Fincher told a group of business owners and others who work on the Mississippi River that the political environment in Washington is changing.

Fincher is a member of the Congressional Mississippi River Caucus that is pushing for continuing funding for infrastructure along the river.

9. Drugstore Corridor - Wednesday, May 15, 2013

Walgreen Co. is building a new store on Poplar Avenue in East Memphis amid some of the most important and valuable commercial real estate in the city.

10. Oakhaven Warehouse Sells After Foreclosure - Tuesday, May 14, 2013

4120 Air Trans Road, Memphis, TN 38118

Sale Amount: $2.5 million

Sale Date: May 7, 2013

11. Construction Lending Still Facing Tepid Improvement - Saturday, May 11, 2013

As the economy starts to rebound, local lenders like Magna Bank, First Tennessee Bank and Renasant Bank are seeing moderate improvement in activity for new commercial and residential construction projects, and competition is intensifying to land deals.

12. Core Focus - Saturday, May 11, 2013

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.

13. Nike Files $3 Million Permit for Distribution Center - Wednesday, May 08, 2013

Nike Inc. has filed a $3 million permit application with the city-county Office of Construction Code Enforcement for work on its North Memphis distribution center at 3100 New Frayser Blvd.

14. Parking Permit - Wednesday, May 08, 2013

The first elected official to drop hints about a Cooper-Young parking garage was Memphis Mayor A C Wharton Jr., who is frequently seen in the restaurants in the district on Saturday mornings or mid-afternoon.

15. Whole Foods Files Permit for Expansion - Tuesday, May 07, 2013

5014 Poplar Ave. Memphis, TN 38117

Permit Cost: $3.1 million

Project Cost: TBA

Permit Date: Applied April 2013

16. Council Tackles Budget, Tax Rate - Tuesday, May 07, 2013

Memphis City Council members take their first steps Tuesday, May 7, toward approving a city operating budget and property tax rate for the fiscal year that begins July 1.

The council meets at 3:30 p.m. at City Hall, 125 N. Main St.

17. May 3-9: This Week in Memphis History - Saturday, May 04, 2013

1993: J. Terry Steib became the new bishop of the Catholic Diocese of Memphis.

The Harrah’s casino division of Memphis-based Promus Cos. announced plans to build a casino in Tunica on 150 acres of land five miles west of U.S. 61 with an opening date of late 1994.

18. Commission Receives Schools Financials - Monday, May 06, 2013

Shelby County Commissioners formally get the financials of Shelby County’s two public school systems Monday, May 6, in an action that is not expected to generate much debate.

But the financial statements for the fiscal year that ended June 30 is another step along the path toward the formal merger of both school systems effective at the end of the current fiscal year.

19. Cates Named Commercial Broker of Year - Monday, April 29, 2013

The Memphis Area Association of Realtors Commercial Council honored its most productive members of 2012 at the 12th annual Pinnacle Awards gala, held Thursday, April 25, at the Memphis Country Club.

20. Four-Way Self Storage Facility Sells for $1.3 Million - Tuesday, April 23, 2013

6780 Country Park Drive Memphis, TN 38134

Sale Amount: $1.3 million

Sale Date: April 9, 2013

21. Mitsubishi Plant Opens in Southwest Memphis - Saturday, April 20, 2013

A group of 200 dignitaries marked the formal opening Friday, April 19, of the Mitsubishi Electric Power Products Inc. plant in Southwest Memphis.

22. County Commission Approves Tall Trees Sale - Saturday, April 20, 2013

Shelby County Commissioners approved Monday, April 15, the sale of the old Tall Trees Juvenile Detention facility at 3335 Old Getwell Road.

23. The New Beale - Saturday, April 20, 2013

Over the last four years, the next chapter in the development of Beale Street has been a stop-and-go affair. First would come announcements followed by silence from official channels.

Along with that silence, though, was quiet activity on the side, a movement that culminated with the March announcement of Memphis Mayor A C Wharton Jr.’s strategic planning committee’s report, “A Framework for Beale Street.”

24. Four-Way Self Storage Facility Sells for $1.3 Million - Thursday, April 18, 2013

The Four-Way Self Storage facility at 6780 Country Park Drive in Northeast Memphis has sold for $1.3 million.

25. County Commission Approves Tall Trees Sale - Wednesday, April 17, 2013

Shelby County Commissioners approved Monday, April 15, the sale of the old Tall Trees Juvenile Detention facility at 3335 Old Getwell Road.

26. Market Stability - Wednesday, April 17, 2013

Home permit activity held stable for the first quarter of this year compared with the same period last year, and local builders expect to see continued gradual improvement through this year and into next.

27. Harold Ford Sr. Buys Sycamore View Property - Tuesday, April 16, 2013

1670 Sycamore View Road Memphis, TN 38134

Sale Amount: $1.8 million

Sale Date: April 8, 2013

28. U of M President Raines Announces Retirement - Tuesday, April 16, 2013

Shirley C. Raines is retiring at the end of June after 12 years as president of the University of Memphis.

Raines announced her retirement Monday, April 15. John Morgan, the chancellor of the Tennessee Board of Regents, will name an interim president for the university possibly as early as this week for the transition.

29. Marx-Bensdorf Prides Itself on Strong Independent Spirit - Saturday, April 13, 2013

A small, boutique real estate agency sees longevity as its strength rather than its worth to larger companies looking for acquisition targets.

And Marx-Bensdorf Realtors remained strong through the recession by staying out from under other people’s umbrellas.

30. Commission Weighs Tall Trees Sale - Monday, April 15, 2013

The sale of the old Tall Trees juvenile detention facility, zoning code changes to account for trucks with four back tires and a possible revote on legal fees in the schools consolidation case top the Shelby County Commission agenda for Monday, April 15.

31. Harold Ford Sr. Buys Sycamore View Property - Friday, April 12, 2013

Former U.S. Rep. Harold Ford Sr. of Memphis has paid $1.8 million for a shopping center at 1670 Sycamore View Road in Northeast Memphis.

32. Charter Panel Bill Slowed in Senate - Thursday, April 11, 2013

NASHVILLE (AP) – Lawmakers questioned a proposal to create a special panel to authorize charter schools in several Tennessee counties during debate at the state Legislature Tuesday, while a nonprofit group criticized the governor's decision to withdraw his school voucher program.

33. Social Resumes and the Job Search - Friday, April 05, 2013

As an adjunct accounting professor at the University of Memphis, I am constantly trying to prepare my students for their future. Part of that preparation is exposing the students to tools that will assist them in their search for employment.

34. Memphis Academy of Health Sciences Pays $1.1 Million for Raleigh Land - Wednesday, April 03, 2013

The Memphis Academy of Health Sciences High School has paid $1.1 million for a vacant parcel at 3606 Hawkins Mill Road in Raleigh.

35. Agriculture Boom Fuels Agricenter Expansions - Wednesday, April 03, 2013

Agriculture is a promising business, especially considering the rapidly growing worldwide demand for food and fiber products by a ballooning international population.

That’s the backdrop for construction that’s set to begin soon on a state-of-the-art greenhouse and research laboratory at Agricenter International.

36. Panther Properties Buys Two Cordova Apartments - Tuesday, April 02, 2013

2350 N. Houston Levee Road and 2323 N. Houston Levee Road

37. Highwoods Buys Land for International Paper Expansion - Thursday, March 28, 2013

Highwoods Realty LP has bought two parcels of East Memphis land totaling about 5.1 acres that will be used for International Paper’s headquarters expansion.

38. Highwoods to Develop International Paper Tower - Wednesday, March 27, 2013

The future of International Paper Co. in Memphis, where it’s long been based and where it recently reached a deal to solidify its presence here, is taking shape.

39. Highwoods Signs Build-To-Suit Lease with International Paper - Tuesday, March 26, 2013

Highwoods Properties Inc. has signed a long-term build-to-suit lease with International Paper Co.

The agreement, announced by Highwoods Monday, March 25, involves Highwoods developing a 241,000-square-foot, nine-story Class A office building with structured parking in the Poplar Avenue corridor. That new building will sit directly across the street from International Paper’s world headquarters and main campus, and construction is expected to start in the fourth quarter, with completion by the end of the second quarter of 2015.

40. Berclair Dollar General Sells for Almost $1 Million - Tuesday, March 26, 2013

3443 Jackson Ave., Memphis, TN 38122

Sale Amount: $971,000
Sale Date: March 14, 2013
Buyer: VM Property Investments LLC
Seller: Ware Properties LLC
Loan Amount: $679,700
Loan Date: March 14, 2013
Maturity Date: N/A
Lender: US Bank NA
Details: The 9,160-square-foot Dollar General store at 3433 Jackson Ave. in Berclair has sold for $971,000.

41. Sammons Seeks Final Cut Numbers From Delta - Tuesday, March 26, 2013

Jack Sammons, the new chairman of the Memphis-Shelby County Airport Authority board, is no stranger to the flight from Memphis to Atlanta. Sammons long has been the board’s frequent flyer when it comes to business travel.

42. Riverfront Report Highlights Quick Fixes - Wednesday, March 20, 2013

With a set of 20 Memphis riverfront plans and reports spanning several decades, urban planner and designer Jeff Speck’s mission wasn’t to add to the stack of documents, maps and renderings.

43. Wills Stewarding Growth of East Memphis Land - Monday, March 18, 2013

For Walter Wills III, taking care of his neighborhood and the surrounding area is one of his life tasks.

Wills & Wills LP has owned much of the land in the Kirby-Quince corridor for more than 40 years. The area is seeing an influx of medical office and retail users in the past few years, and more are expected with a new Regional Medical Center at Memphis outpatient center in the area.

44. New York Firm Buys Distribution Center for $24.7 Million - Monday, March 18, 2013

Gramercy Capital Corp. has acquired Hacks Cross Logistics Center Building 1 in Olive Branch for $24.7 million from Hillwood Investment Properties.

45. Boyle Celebrates 80 Years, Sponsors Art Exhibit - Monday, March 18, 2013

Boyle Investment Co. turns 80 this year, and has partnered with the Memphis Brooks Museum of Art to celebrate.

46. Holtzclaw on Front Line of Myriad Real Estate Projects - Monday, March 18, 2013

Anna Holtzclaw’s footprint is on property all over Memphis.

Since 2001, the real estate marketing entrepreneur has worked to promote properties developed and designed by the likes of the Henry Turley Co., LRK Inc. and Loeb Properties Inc.

47. Gramercy Capital Acquires $25 Million Distribution Facility - Friday, March 15, 2013

Gramercy Capital Corp. has acquired Hacks Cross Logistics Center Building 1 in Olive Branch for $24.65 million from Hillwood Investment Properties.

48. Apperson Crump Expands in Triad III - Friday, March 15, 2013

Memphis’ oldest continuously practicing law firm is expanding its presence in Triad III.

Apperson Crump PLC added 2,037 square feet to its seventh floor space in a vacant adjacent area between Silverleafe Capital Partners LLC.

49. Rediscovering the Past - Friday, March 15, 2013

High-rise office buildings surround it on two sides and even the multistoried rectory at St. Peter Catholic Church offers a downward view of the Magevney House on Adams Avenue, east of Third Street.

50. Land Use to Consider RV Park Conversion - Thursday, March 14, 2013

The company that owns the old Memphis Mobile City mobile home park wants to turn the site that flooded seven times in 10 years including floods in 2010 and 2011 into a resort for recreational vehicles with cabins and manufactured homes on adjoining acreage.

51. Exterior Plans for Bass Pro Approved - Friday, March 08, 2013

Bass Pro Shops’ exterior building and site improvements for repurposing the city-owned Pyramid as a destination retailer were approved by the Design Review Board Wednesday, March 6, but the board asked for more time to digest the company’s controversial signage requests.

52. Exterior Plans for Bass Pro Approved - Thursday, March 07, 2013

Bass Pro Shops’ exterior building and site improvements for repurposing the city-owned Pyramid as a destination retailer were approved by the Design Review Board Wednesday, March 6, but the board asked for more time to digest the company’s controversial signage requests.

53. California Company Buys Former Quebecor Facility - Tuesday, March 05, 2013

828 E. Holmes Road Memphis, TN 38116

Sale Amount: $2.7 million

Sale Date: Feb. 15, 2013

54. Olymbec USA LLC Buys Again in Memphis - Saturday, March 02, 2013

Olymbec USA LLC has acquired 40,000 square feet of land and three small shed buildings totaling 12,000 square feet at 373 W. Brooks Road through a January auction from the Estate of George E. Smith for $50,600.

55. South Main’s New Life - Saturday, March 02, 2013

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.

56. Olymbec USA LLC Buys Again in Memphis - Friday, March 01, 2013

Olymbec USA LLC has acquired 40,000 square feet of land and three small shed buildings totaling 12,000 square feet at 373 W. Brooks Road through a January auction from the Estate of George E. Smith for $50,600.

57. A Higher Order of Sausage - Friday, March 01, 2013

GOD’S SAUSAGE. (When you see this column, it’s the 40 Days of Waffle Shop again, so strike while the iron is hot.)

“You might just be a copywriter,” Brick Muller said, staring down at the piece of paper I’d just handed him. On it was an ad idea I’d just pounded out on the 1948 Royal typewriter he was paying me to use as a copywriter. The fact that this was his first recognition that I might be one was gratifying since I’d already been there for nine months.

58. Turley: ‘You Can Be Somebody in Memphis’ - Wednesday, February 27, 2013

Years after Henry Turley experienced the Memphis sanitation workers’ strike and the aftermath of Martin Luther King Jr.’s assassination, took advantage of the Community Reinvestment Act and persuaded banks to reinvest in the Downtown core, not to mention spearheaded revitalization in the Harbor Town and Uptown areas, he’s making a “micro bet” on building nice neighborhoods around excellent schools.

59. City Council Approves Fairgrounds TDZ Request - Wednesday, February 20, 2013

Memphis City Council members approved Tuesday, Feb. 19, plans for a tourism development zone to capture sales tax revenue in a large area for a renovation of the Fairgrounds property at first.

The boundaries of the zone go to the state for approval and city Community and Housing Development division director Robert Lipscomb said such a proposal could be at the state building commission in Nashville in April.

60. Hagerty Outlines Changes Made in Past Two Years - Saturday, February 16, 2013

Tennessee Economic and Community Development Commissioner Bill Hagerty says 2013 will see the administration of Tennessee Gov. Bill Haslam advance basic changes the administration made in the previous two years.

61. Green Line Marketing Doubles Office - Friday, February 15, 2013

Green Line Marketing Group has outgrown its East Memphis office space due to its expanded staff and client roster.

The boutique agency has signed a 2,000-square-foot lease in Racquet Club Plaza, where it will relocate from its three 350-square-foot executive suites in Clark Tower by the end of the month.

62. Pinnacle Awards Entries Due Friday - Thursday, February 14, 2013

The deadline for local commercial real estate brokers to enter the 12th annual Pinnacle Awards is Friday, Feb. 15.

The Memphis Area Association of Realtors Commercial Council will honor those top producers in the industry at an April 25 ceremony at the Memphis Country Club, 600 Goodwyn St.

63. Austin Takes Reins Of Wolf River Conservancy - Thursday, February 07, 2013

Commercial real estate lawyer Stewart Austin of Glankler Brown, PLLC, has been named the new board president for the Wolf River Conservancy as of Jan. 1.

64. Nike Buys Frayser Land From Belz for Expansion - Tuesday, February 05, 2013

200 acres in Frayser Sale Amount: $2.2 million

Sale Date: Jan. 24, 2013

Buyer: Nike TN Inc.

65. Council Votes on Sales Tax Referendum - Tuesday, February 05, 2013

Memphis City Council members take the first step toward a fall referendum on a citywide half percent sales tax hike Tuesday, Feb. 4, as they vote on the first of three readings of the referendum ordinance.

66. State Budget Will Include Local Medical Community - Monday, February 04, 2013

The two biggest capital spending items in Tennessee Gov. Bill Haslam’s state budget proposal are a $62 million renovation of the University of Tennessee Health Sciences Center in Memphis and a new $60 million Community Health Building at the University of Memphis.

67. Real Estate Leaders to Present Trends at Forecast - Saturday, February 02, 2013

Real estate leaders will offer their reviews and insights for the Memphis-area commercial market at the 10th annual Commercial Property Forecast Summit starting at 8 a.m. Feb. 7 at the Germantown Performing Arts Centre, 1801 Exeter Road.

68. Hope Emerges for Filling Empty Spaces - Saturday, February 02, 2013

When The Pyramid reopens as a Bass Pro Shops later this year or early next year, it will be the only adaptive reuse of an arena in the country that is not a church.

That and Sears Crosstown are probably the city’s biggest empty spaces in terms of square footage, but the smaller ones highlighted in our cover story have a similar impact.

69. Filling the Voids - Saturday, February 02, 2013

Last year was a banner year for adaptive reuse projects in Midtown and Downtown.

Developers announced plans for the Sears Crosstown building, Overton Square, Hotel Chisca, James Lee House and old United Warehouse in the South Main Historic Arts District. Construction began on The Pyramid, turning it into a 220,000-square-foot mega-Bass Pro Shop Outdoor World, and Memphis in May moved into its new headquarters at 56 S. Front St., a 14,600-square-foot building that’s on the National Register of Historic Places.

70. Nike Buys Frayser Land From Belz for Expansion - Friday, February 01, 2013

Nike Inc. has paid $2.2 million for about 200 acres of vacant land in Frayser from Belz Investco GP for an expansion of its North Memphis distribution center.

71. Time to Ease Up on PDA With C-USA - Friday, February 01, 2013

Josh Pastner adores Conference USA. If he were to put this sentiment to music, he would pick up a guitar and sing C-USA-inspired tributes such as “Hard to Love” and “You Don’t Know Her Like I Do.” As it is, he will send Valentine’s Day roses and chocolates to the league’s administrative offices in Irving, Texas.

72. Arkansas Governor Announces $1.1 Billion Steel Mill Plan - Wednesday, January 30, 2013

LITTLE ROCK, Ark. (AP) – Gov. Mike Beebe on Tuesday unveiled Arkansas' largest ever economic development project, saying investors were poised to build a $1.1 billion steel mill along the Mississippi River if legislators approve startup funding.

73. Opera Memphis Becoming ‘Test Lab’ for Larger Companies - Wednesday, January 30, 2013

In the middle of what might be its most experimental season yet, Opera Memphis is attracting curious on-lookers in companies around the country.

This week’s production of “Elixir of Love” will also involve the kind of imaginative setting that is garnering Opera Memphis’ reputation for innovation.

74. Real Estate Leaders to Present Trends at Forecast Summit - Tuesday, January 29, 2013

Real estate leaders will offer their reviews and insights for the Memphis-area commercial market at the 10th annual Commercial Property Forecast Summit starting at 8 a.m. Feb. 7 at the Germantown Performing Arts Centre, 1801 Exeter Road.

75. Quince Fred’s Super Dollar Sells for $2.1 Million - Tuesday, January 29, 2013

6500 Quince Road, Memphis, TN 38119

Sale Amount: $2.1 million

Sale Date: Jan. 18, 2013

76. Quince Fred’s Super Dollar Sells for $2.1 Million - Monday, January 28, 2013

The recently opened fred’s Super Dollar store at 6500 Quince Road in East Memphis has sold for $2.1 million.

77. Pinnacle Saga Ends With Move North - Monday, January 28, 2013

The city of Memphis did not promise any incentives to Pinnacle Airlines as the regional air carrier weighed the decision it made Thursday, Jan. 24, to move its headquarters from Memphis to Minneapolis.

78. Beale Bankruptcy Terms Nearly Done - Monday, January 28, 2013

A federal bankruptcy court judge has adopted a settlement on the bankruptcy case involving control of the Beale Street Entertainment District.

But all sides in the legal action will be reading the fine print of the coming written court order carefully as one part of the long-running legal drama over the storied district nears an end.

79. Chism Hardy Moves Deeper Into Logistics - Monday, January 28, 2013

The certified public accountant who bought the old Coors Belle brewery in Hickory Hill seven years ago and turned it into Hardy Bottling Co. has taken the supply chain lessons from the business into the logistics industry.

80. Former Harrah's Headquarters Sells for $4.1 Million - Saturday, January 26, 2013

The previous owner of the East Memphis office complex at 1023 Cherry Road has reinvested in the asset for $4.1 million.

81. Pinnacle Moving Memphis Headquarters to Minnesota - Friday, January 25, 2013

Memphis-based Pinnacle Airlines Corp. is moving its headquarters to Minneapolis by May as part of its bankruptcy reorganization.

The regional air carrier announced the move out of One Commerce Square Downtown Thursday, Jan. 24, saying the new headquarters will be in vacant space leased by Delta Air Lines at the Minneapolis-St. Paul International Airport.

82. Former Harrah’s Headquarters Sells for $4.1 Million - Thursday, January 24, 2013

The previous owner of the East Memphis office complex at 1023 Cherry Road has reinvested in the asset for $4.1 million.

83. Former Harrah’s Headquarters Sells for $4.1 Million - Wednesday, January 23, 2013

The previous owner of the East Memphis office complex at 1023 Cherry Road has reinvested in the asset for $4.1 million.

84. Council to Discuss Pyramid Development - Monday, January 21, 2013

Memphis City Council members vote Tuesday, Jan. 22, on the “Memphis Pyramid Planned Development” – the formal name for the conversion of The Pyramid to a Bass Pro Shops store with other attractions including a hotel.

85. Shelby County Commission Finalizes Trustee Contract - Saturday, January 19, 2013

Shelby County Commissioners approved at their Monday, Jan. 14, meeting the agreement between the Shelby County Trustee’s office and the city of Memphis for Trustee David Lenoir to collect city property taxes for the city.

86. USDA Offering Loans to Farmers Who Grow for Locals - Wednesday, January 16, 2013

MEMPHIS (AP) – The U.S. Department of Agriculture has created a new loan program to help small farmers, including growers who want to take advantage of the soaring interest in locally produced food.

87. Shelby County Commission Finalizes Trustee Contract - Wednesday, January 16, 2013

Shelby County Commissioners approved at their Monday, Jan. 14, meeting the agreement between the Shelby County Trustee’s office and the city of Memphis for Trustee David Lenoir to collect city property taxes for the city.

88. County Wage Theft Ordinance Defeated - Tuesday, January 15, 2013

Shelby County Commissioners voted down a “wage theft” ordinance Monday, Jan. 14, on third and final reading.

The proposal failed on a 5-7 vote with very little debate among commissioners but a just about even split among 23 citizens who spoke on the issue before the commission voted.

89. County Wage Theft Ordinance Defeated - Tuesday, January 15, 2013

Shelby County Commissioners voted down a “wage theft” ordinance Monday, Jan. 14, on third and final reading.

The proposal failed on a 5-7 vote with very little debate among commissioners but a just about even split among 23 citizens who spoke on the issue before the commission voted.

90. Realty Income Corp. Buys Herbalife Facility - Tuesday, January 15, 2013

5025 Crumpler Road Memphis, TN 38141

Sale Amount: $16.6 million

91. Deadline Fast Approaching for Pinnacle Awards - Tuesday, January 15, 2013

The Memphis Area Association of Realtors Commercial Council is well under way in planning the 12th annual Pinnacle Awards ceremony, a night dedicated to showcasing commercial real estate industry professionals in the area.

92. Making Sense of the Merger - Saturday, January 12, 2013

There are several certainties for public education in Shelby County when the new school year begins in August.

Memphis City Schools and Shelby County Schools will be consolidated into a single countywide system and there will be more competition than most Memphians can remember in their lifetimes for that single consolidated school system.

93. Wharton Talks New Convention Center - Friday, January 11, 2013

Memphis Mayor A C Wharton Jr. said 2013 will be the year his administration reopens discussions about a new convention center.

Wharton’s open question about how to compete for convention and meeting business comes five years to the month that his predecessor as mayor, Willie Herenton, talked of building a new convention center or expanding the existing one, which underwent a major renovation in 2005.

94. Wharton Gives Beale Street Clues - Thursday, January 10, 2013

There would still be a role for the Beale Street Development Corp. in the second phase of development of the entertainment district.

95. Helen of Troy Plans Build-to-Suit - Thursday, January 10, 2013

Helen of Troy Ltd., a manufacturer and distributor of household products, has finalized plans to build a 1.3 million-square-foot distribution facility in Olive Branch.

The $37 million facility will be constructed on a 77-acre site in the Whispering Woods development on Polk Lane in DeSoto County. CB Richard Ellis Memphis brokers Patrick Burke, Tommy Jackson and Jim Mercer represented Panattoni Development Co. in the land sale and build-to-suit negotiations to Helen of Troy, which closed on Dec. 28.

96. Garage Demolition Site Locale of Notorious War Prison - Thursday, January 10, 2013

The parking garage being demolished on North Second Street east of Court Square has a past.

To be precise, it’s the land on which the garage has stood for decades. Before the garage, the land was the site of the Irving Block Prison, part of the city’s Civil War history.

97. Crowne Plaza Hotel Sells Out of Foreclosure - Tuesday, January 08, 2013

300 N. Second St. Memphis, TN 38103

Sale Amount: $9.4 million

Sale Date: Dec. 28, 2012

98. Norfolk Southern Increases Activity - Friday, January 04, 2013

Norfolk, Va.-based Norfolk Southern Corp. expects to continue increasing operations this year at its new Memphis Regional Intermodal Terminal in Rossville, just east of Collierville.

99. Babaoglu Driven to Help Others Find American Dream - Thursday, January 03, 2013

Being of Azerbaijan descent and born in Milan, Italy, Rehim Babaoglu of Thomason Hendrix Harvey Johnson & Mitchell PLLC, preaches the American dream from his pulpit high above Main Street as an immigration lawyer.

100. Changing Market - Wednesday, January 02, 2013

Much of 2012’s commercial real estate deals could be summed up in one of three phrases: speculative construction, institutional buyers and unusual transactions.

The first quarter was kicked off when Industrial Developments International Inc. revealed plans to add one build-to-suit and two speculative buildings in its Crossroads Distribution Center in Olive Branch – marking the area’s first spec construction since 2008.