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Editorial Results (free)

1. Famed Wine Cellar Maker Toasts East Memphis Job -

An international, custom wine cellar company has uncorked its crown jewel in Memphis. Michigan-based Revel Custom Wine Cellars has been working for two years to craft the perfect wine haven for a local tech entrepreneur.

2. Memphis City Council to Revisit Benefits Changes -

Memphis City Council members continue Tuesday, Aug. 18, to revisit decisions they made on retiree and employee benefits in the last year.

At its Tuesday session, council members vote on the first of three readings of an ordinance that would allow some city employees to “freeze” their decision to enter the city’s Deferred Retirement Option Program.

3. Jernigan Sees Big Market for Company He's Moving to Memphis -

Dean Jernigan spent the better part of a roughly 40-minute earnings presentation to analysts early Wednesday, Aug. 12, detailing not just the latest quarterly results for his newly public company, Jernigan Capital, but also why it exists in the first place.

4. Jernigan Capital Moving HQ to Memphis -

Dean Jernigan, the founder of Storage USA and a businessman with deep ties to Memphis, is preparing to move the headquarters of his newly public company, Jernigan Capital, to Memphis.

5. $9.5 Million Permit Filed For Downtown Hotel -

310 Union Ave.
Memphis, TN 38103

Permit Cost: $9.5 million

Permit Date: Applied August 2015

6. Bikesmith Ready to Roll Into First Brick-and-Mortar Store -

Memphis’ traveling bike repairman has finally found a home. A year and a half after enrolling in the Mayor’s Innovation Delivery Team initiative MEMMobile, Jim Steffen, known as The Bikesmith to cyclists needing an adjustment or a hail-Mary overhaul, has signed a lease on a brick-and-mortar extension of his mobile repair truck.

7. The Shops of Collierville Sells for $7.4 Million -

Mount Pleasant, S.C.-based Ziff Properties Inc. has acquired The Shops of Collierville for $7.4 million, according to a special warranty deed filed Aug. 3.

8. The Shops of Collierville Sells for $7.4 Million -

Mount Pleasant, S.C.-based Ziff Properties Inc. has acquired The Shops of Collierville for $7.4 million, according to a special warranty deed filed Aug. 3.

9. 'En Fuego' -

When Southaven Mayor Darren Musselwhite took office in June 2013, one of the first tasks that landed on his desk was a long-planned regional outlet mall.

The outlet mall, planned for a roughly 33-acre site at Church Road and Interstate 55 in the DeSoto County city, had been on the drawing board for some time, but the recession and its aftermath caused developers and Mississippi officials to put it on hold.

10. Commission Considers Statue Move, Bailey Honor -

Shelby County Commissioners consider Monday, July 27, whether to get involved in the city’s plan to move a statue of Nathan Bedford Forrest out of the city park once named for the Confederate general, slave trader and Ku Klux Klan Grand Wizard.

11. City Council OKs East Memphis Storage Facility -

Memphis City Council members unanimously approved Tuesday, July 21, an indoor storage center planned development at 900 Reddoch Street along Poplar Avenue in East Memphis.

12. City Council OKs East Memphis Storage Facility -

Memphis City Council members unanimously approved Tuesday, July 21, an indoor storage center planned development at 900 Reddoch Street along Poplar Avenue in East Memphis.

13. Council Redistricting Discussion Yields to Talk of Council Changes -

A discussion among Memphis City Council members about redistricting Tuesday, July 21, turned into the idea of changing the structure of the council to single-member districts and discarding the multi-member super districts the council has had since 1995.

14. Council to Vote on East Memphis Storage Facility -

The Memphis City Council is poised to take key votes Tuesday, July 21, on multiple real estate development projects, including an indoor storage facility planned in a prime East Memphis neighborhood.

15. Methodist Healthcare Buys Office Building From Belz -

5865 Shelby Oaks Circle
Memphis, TN 38134
Sale Amount: $4 million

Sale Date: June 30, 2015
Buyer: Methodist Le Bonheur Healthcare
Seller: Belz Investco GP and Bico Associates GP
Details: Belz Enterprises and a partner have sold a Memphis office building to Methodist Le Bonheur Healthcare for $4 million.

16. West Memphis Kitchen Incubator Is Cooking -

A West Memphis kitchen incubator has found its first user.

Bluff City Barbecue Supply is the first group to use Delta Cuisine: A Southern Kitchen, the community kitchen housed at the new Jeremy Jacobs Hospitality Management Center at Mid-South Community College.

17. West Memphis Kitchen Incubator is Cooking -

A West Memphis kitchen incubator has found its first user.

Bluff City Barbecue Supply is the first group to use Delta Cuisine: A Southern Kitchen, the community kitchen housed at the new Jeremy Jacobs Hospitality Management Center at Mid-South Community College.

18. Self-Tucker Designs Green Center at T.O. Fuller -

T.O. Fuller State Park in Southwest Memphis was the first state park opened for African Americans east of the Mississippi River and just the second park of its type across the country.

The 1,138-acre park, originally built to house African Americans during the Great Depression, was designated Shelby County Negro Park in 1938. The name was changed to T.O. Fuller State Park in 1942 in honor of Dr. Thomas O. Fuller, a prominent African American educator who spent most of his life empowering and educating black Americans during the era of racial segregation by law.

19. Old Dominick Distillery Moving Forward -

D. Canale & Co. is moving forward with plans to build a $5 million distillery on Front Street Downtown.

20. Old Dominick Distillery Moving Forward -

D. Canale & Co. is moving forward with plans to build a $5 million distillery on Front Street Downtown.

21. Plans for Old Dominick Distillery Move Forward -

D. Canale & Co. is moving forward with plans to build a $5 million distillery on Front Street Downtown.

22. Making the Connection -

Archie Willis III had just earned his master’s degree in business at the University of North Carolina at Chapel Hill when he returned to Memphis in 1981 to help his father, A.W. Willis Jr., redevelop the Adler Hotel Annex.

23. Total Concept Launching Fully Online Enterprise -

If you’ve learned about an in-store sale while shopping for groceries, this Memphis-based printing company could have been the one to help you save those extra pennies.

For nearly 20 years, Total Concept has worked as a full-service printing company for large manufacturers and retail chains in the Memphis area. This year, it will launch a fully online enterprise, Eco Signs and Banners Memphis, within the parent company.

24. Want a Great-Paying Job? Here’s the Deal -

Want a new career with nearly unlimited upside potential? One that will have employers beating down your door?

Uncle Sam wants you – to join the technology workforce.

Nationwide, skilled tech workers are in short supply, with more than half a million jobs going unfilled. And in Tennessee, where the rapidly expanding economy has companies competing for every qualified worker, the state is going to great lengths to train people in sought-after tech skills – footing the entire bill, in some cases, for adults willing to retool their careers.

25. Browser Security Critical to Business -

I recently received an information technology support request from an office of real estate folks, many of whom also hunt for hobby and client entertainment.

While trying to search online for terms related to hunting gear at work, they were faced with a warning page to contact the network administrator because their firewalls’ content filter wouldn’t allow such sites to be displayed.

26. Mobile Merchants Gets Retailers, Chefs Rolling -

Barry Lichterman and Blake Lichterman own a small fleet of retail and food trucks, but you won’t see their name on any of the vehicles.

27. Heavy Lifting -

When it comes to industrial work, it doesn’t get much heavier than Atlantic Track and Turnout Co. deep in southwest Memphis.

28. Scarboro Takes Reins at Regional Fed -

Douglas Scarboro has been named regional executive of the Memphis Branch of the Federal Reserve Bank of St. Louis. In that role, Scarboro is responsible for working with business leaders and local communities in western Tennessee, northern Mississippi and eastern Arkansas to inform the setting of monetary policies.

29. New Tigers Indoor Football Facility Nears Kick-Off -

1115 E. Getwell Loop
Memphis, TN 38152
Permit Amount: $15 million

Permit Application Date: March 2015
Architect: Fleming Architects
Contractor: Grinder, Taber & Grinder Inc.
Details: The long-awaited goal of an indoor practice facility for the University of Memphis football team is becoming a reality.

30. California Group Buys Memphis Storage Business -

A California-based national operator of storage facilities has acquired a Hickory Hill mini-storage facility for $3.4 million.

Westport Memphis Self storage LLC, which is affiliated with Irvine, Cali.-based U.S. Storage Centers Inc., acquired the storage facility at 3455 Hickory Hill Road from Hickory Hill Self Storage LLC, according to a March 9 warranty deed.

31. California Group Buys Memphis Storage Business -

A California-based national operator of storage facilities has acquired a Hickory Hill mini-storage facility for $3.4 million.

Westport Memphis Self storage LLC, which is affiliated with Irvine, Cali.-based U.S. Storage Centers Inc., acquired the storage facility at 3455 Hickory Hill Road from Hickory Hill Self Storage LLC, according to a March 9 warranty deed.

32. Arizona Real Estate Firm Buys Storage Facility -

An Arizona-based real estate firm has acquired a Memphis mini-storage facility for $3.8 million.

Phoenix-based AMERCO Real Estate Co. bought the American Mini Storage facility at 7399 U.S. 64 from 7399 US Highway 64 Holdings LLC, which is affiliated with Florida-based LNR Partners Inc., for $3.8 million, according to a Feb. 24 warranty deed.

33. Brewery Developers Buy Site for New Apartment Building -

11 Butler Ave.
Memphis, TN 38103
Sale Amount: $1.25 million

Sale Date: Feb. 23, 2015
Buyer: 495 Tennessee LLC
Seller: BCH Investments LLC
Details: The team behind the development of the historic Tennessee Brewery has acquired a key piece of property adjacent to the long-vacant structure as plans for the new Tennessee Brewery: The Revival series of events there move forward.

34. City Council to Get Update Halfway Into Fiscal Year -

Memphis City Council members return to the matter of city finances Tuesday, March 3, with a financial review in a 9:30 a.m. committee session that marks the halfway point in the city’s fiscal year.

35. Arizona Real Estate Firm Buys Storage Facility for $3.8 Million -

An Arizona-based real estate firm has acquired a Memphis mini-storage facility for $3.8 million.

Phoenix-based AMERCO Real Estate Co. bought the American Mini Storage facility at 7399 U.S. 64 from 7399 US Highway 64 Holdings LLC, which is affiliated with Florida-based LNR Partners Inc., for $3.8 million, according to a Feb. 24 warranty deed.

36. Graceland Brings Elvis Back to His Las Vegas Home -

LAS VEGAS (AP) – Graceland will always be home, but Las Vegas is set to be Elvis Presley's home away from home yet again.

Officials with Elvis Presley Enterprises Inc. and the Westgate Las Vegas casino-hotel revealed details Thursday of plans for "Graceland Presents Elvis: The Exhibition - The Show - The Experience" expected to open April 23, 59 years to the day when Elvis first performed in Las Vegas.

37. Wharton: Tourism Is Serious Business -

Sometimes in tourism, it is the little things that count. But “little” is relative. Consider the digital LED display screen on the west wall of the Memphis Cook Convention Center – big enough to be seen by eastbound traffic on the Hernando DeSoto Bridge – which local leaders debuted this month after three years of planning.

38. Maines Paper & Food Service Continues Work in Arlington -

11420 Gulf Stream Road
Memphis, TN 38002
Permit Amount: $2.5 million

Permit Application Date: February 2015
Owner: W D Arlington LLC
Tenant: Maines Paper & Food Service
Details: More new construction is planned at the Maines Paper & Food Service cold-storage facility in Arlington.

39. New Flavor -

Get used to seeing more of the Ugly Mug brand in Memphis. An open house in recent days at the Memphis-based roaster’s still relatively new brick-and-mortar location at Poplar Avenue and Perkins Extended was packed with customers and visitors sampling brews and some of the food items on the Ugly Mug menu.

40. Wilson Air Expanding at Memphis International -

Wilson Air Center is spreading its wings at Memphis International Airport.

The Kemmons Wilson Cos. subsidiary signed a 10-year lease with the airport for the former Pinnacle Airlines hangar at Memphis International, expanding its jet footprint by 30,500 square feet of prime hangar space.

41. Memphis Reprographics Handles Printing, Storage Needs -

When the development team and architect behind the Sears Crosstown redevelopment project needed multiple phases of the project printed –including everything from design renderings to construction documents and floor plans – they turned to Memphis Reprographics.

42. Fogelman Affiliate Files Loan on Former Cozymel’s Site -

6450 Poplar Ave.
Memphis, TN 38119
Loan Amount: $6.1 million

Loan Date: Dec. 17, 2014
Maturity Date: Jan. 1, 2023
Borrower: Crown Centre LLC
Lender: Financial Federal Bank
Details: A company affiliated with Robert F. Fogelman II has filed a loan on a key piece of East Memphis land.

43. Two Storage Facilities Sell for $4.9 Million -

Affiliates of Oaktree Capital Management have acquired two Memphis area mini-storage properties for $4.9 million.

SSSP Kirby Raines LLC, an affiliate of Los Angeles-based Oaktree Capital, acquired the mini-storage property at 6504 E. Raines Road from TSRE III Kirby Raines LLC for $2.5 million, according to a Dec. 2 warranty deed. The 50,910-square-foot storage development was built in 1995, and the Shelby County Assessor of Property’s 2014 appraisal is $1.3 million.

44. Two Storage Facilities Sell for $4.9 Million -

Affiliates of Oaktree Capital Management have acquired two Memphis area mini-storage properties for $4.9 million.

SSSP Kirby Raines LLC, an affiliate of Los Angeles-based Oaktree Capital, acquired the mini-storage property at 6504 E. Raines Road from TSRE III Kirby Raines LLC for $2.5 million, according to a Dec. 2 warranty deed. The 50,910-square-foot storage development was built in 1995, and the Shelby County Assessor of Property’s 2014 appraisal is $1.3 million.

45. Summer Avenue Car Lot Denied -

In zoning and development items Tuesday, Dec. 16, the Memphis City Council unanimously voted down a car lot at Summer Avenue and Vaughn Road.

Council members approved an amendment to the Kirby Gate planned development by Grant Properties LLC that allows a self-service storage facility as well as an amendment to the Oak Tree Planned Development at Mt. Moriah Road and Park Avenue permitting commercial mixed-use development.

46. City Council Approves Pension Changes -

Memphis City Council members put to rest Tuesday, Dec. 16, at least the City Hall portion of the debate about city employee benefits and the liability of those benefits by approving changes to the city’s pension plan.

47. Elvis Presley Enterprises Applies for Hotel Building Permit -

3066 Elvis Presley Blvd.
Memphis, TN 38116
Permit Amount: $57 million

48. Riverdale Retail Center Fetches $1.4 Million -

A southeast Memphis retail center has been sold for $1.4 million.

City Storage East West Connector LLC sold the retail center at 5144 Riverdale Road to 5144 Realty LLC, according to a Nov. 26 warranty deed. The buyer, 5144 Realty LLC, is affiliated with New York-based Jaran Realty Corp. The seller, City Storage East West Connector, is affiliated with the Kevin Hyneman Cos.

49. Goat Milk and Smart Marketing -

Maybe it was that last Facebook post that put them over the top. Or, maybe it was the #voteforgoats hashtag.

Little Seed Farm’s goats aren’t telling, but they do look a bit smug.

The goats, along with Little Seed Farm owners James and Eileen Ray, recently pulled in a cool $25,000 by snagging the top spot in furnishing retailer west elm’s, “We Love LOCAL Small Business’’ grant contest.

50. Blackie’s Body Shop Endures Changing Industry -

Cars are a lot different, and the business of an auto body shop is too, since Delmus “Blackie” Moore opened a body shop on Fourth Street in Downtown Memphis in 1951.

The business of body work is much faster, with less time for the custom work that once was much of Blackie Moore’s stock in trade.

51. ReStoring Hope -

The Habitat for Humanity of Greater Memphis ReStore is feeling the holiday love.

The store’s November “Go North ReStock the ReStore” event brought in a large number of donations and the Hickory Hill store recorded $10,673 in sales the day of the event, the store’s biggest day of sales so far this fiscal year. In addition, November Web traffic was more than double that of November 2013.

52. Riverdale Retail Center Fetches $1.4 Million -

A southeast Memphis retail center has been sold for $1.4 million.

City Storage East West Connector LLC sold the retail center at 5144 Riverdale Road to 5144 Realty LLC, according to a Nov. 26 warranty deed. The buyer, 5144 Realty LLC, is affiliated with New York-based Jaran Realty Corp. The seller, City Storage East West Connector, is affiliated with the Kevin Hyneman Cos.

53. Milhaus Acquires Highland Row Property -

44 S. Highland St.; 366, 374 and 380 Ellsworth St.
Memphis, TN 38111
Sale Amount: $4.3 million

54. Patrick Ready to Cook at Relocated Rizzo’s Diner -

Chef Michael Patrick reaches for a metaphor to describe what it will feel like once the new, more expansive version of his Downtown eatery, Rizzo’s Diner, opens in the next several days at 492 S. Main St.

55. New Tech Imperatives for CEOs -

It’s no secret that in today’s economy, small- and medium-sized businesses must constantly reinvent themselves in order to maintain relevancy in their marketplace.

Perhaps lesser known is that technology has helped these businesses be more competitive, especially with keeping an eye on how revenue and expenses are impacting the bottom line, order tracking and customer service.

56. Art Introduction -

The Art Factory in Cooper-Young is preparing to throw open its doors later this week for an open studio night that will introduce the public to the artists and artisans there hard at work on their craft – and also give a peek inside the creative process.

57. Spirited Revival -

One of the oldest and most prominent names in Memphis business is in the midst of transforming a Downtown warehouse, reviving a premium liquor brand that disappeared with Prohibition and restoring its prominent role in the community.

58. Sprouts Farmers Market Applies for Building Permit -

3150 Village Shops Drive
Germantown, TN 38138

Project Cost: $1.5 million

Applied: Oct. 14, 2014

59. All Shook Up -

FedEx founder, chairman and chief executive officer Frederick W. Smith penned a memo in 1987 outlining his desire for the Memphis-based shipping giant to develop ways to assist customers in shipping their packages, including making sure packages arrived undamaged.

60. Memphis Police Discover More Rape Kits -

Memphis Police have found in recent weeks 196 more rape kits in previously unsearched areas where police store evidence, Memphis Police Director Toney Armstrong told Memphis City Council members Tuesday, Sept. 16.

61. Macon Homes Complex Sells for $800,000 -

500 N. Claybrook St.
Memphis, TN 38104
Sale Amount: $800,000

Sale Date: Aug. 20, 2014
Buyer: Crosstown Macon Homes LLC
Seller: Macon Homes
Details: The 24-unit Macon Homes section 8 apartment complex at 500 N. Claybrook St. in Midtown has sold for $800,000.

62. Start Co. Graduates Newest Batch of Startups -

This week’s Start Co. Demo Day, which brought together more than 500 people involved in the local ecosystem including entrepreneurs, mentors and investors, saw teams presenting their startup ideas in the hopes of securing funding and taking their concepts to the next level.

63. Sex Crimes Unit Completes ‘Eye-Opening’ Training -

Memphis police officers working in the sex crimes unit have been in training this month about neurological changes in rape and sexual assault victims they work with.

The training, along with new positions specifically to handle the city’s rape kit backlog, is among the latest changes in the Memphis Police Department’s approach.

64. ProudOnTV Offers Alternative to Wide-Open Social Media -

In a world in which social media – Facebook, Twitter, Instagram, etc. – can be all that’s right about technology or all that’s wrong with it, ProudOnTV is making it a business to eliminate some of those problems for people.

65. French Fort Plan Calls for $150 Million Development -

What would begin as 67 apartments in the former U.S. Marine Hospital and nurses’ quarters on the northern edge of the French Fort neighborhood would grow in phases to a $150 million development south of E.H. Crump Boulevard, according to a plan unveiled over the weekend.

66. Council Moves Toward Pension Changes -

Two weeks after approving changes in health insurance plans for city employees and retirees, the Memphis City Council meets Tuesday, July 1, to talk over a companion set of changes to the city’s pension plan for employees.

67. County Commission to Weigh New Disparity Study -

Shelby County Commissioners consider a start Monday, June 16, toward a new disparity study as a way to changing the county’s efforts in increasing minority business participation in government contracts.

68. 20twelve Brings Style to Broad -

There’s an energy in the Broad Avenue Arts District that Chantal Johnson insists “you just can’t bottle.”

The area, in other words, is bursting with enthusiasm from stakeholders such that it’s fast becoming a commercial and civic focal point in the city. So, in at least one sense, the location of Johnson’s new lifestyle store 20twelve, which is opening soon, was probably foreordained.

69. City Council Reviews Fire Budget -

Memphis City Council members resume budget deliberations Tuesday, May 20, in committee sessions that take up half of the council day at City Hall.

Most of the time spent in the budget committee, chaired by council member Lee Harris, will be devoted to a review of the Memphis Fire Department budget proposal.

70. Wharton Memo: Overton Greensward Parking Could End In June -

Memphis Mayor A C Wharton Jr. is exploring two options for parking at the Memphis Zoo that would end overflow parking on the Overton Park Greensward by the first week in June.

A memo from Wharton dated Saturday, May 17, obtained by The Daily News says the city agrees that the overflow parking on the lawn “is not the highest and best use of the space”

71. Eastgate Set for Possible Makeover -

A venerable shopping center in East Memphis could be getting a significant makeover, according to a recent retail market report from CB Richard Ellis Memphis.

Eastgate Center LLC, the owner of Eastgate Shopping Center at Park Avenue and White Station Road in East Memphis, could make significant aesthetic improvements to the retail center beginning this year.

72. Armstrong Relocation Owner Shares ‘Only in America’ Story -

When Tom Watson was a child, his father and uncle bought what was then known as Armstrong Transfer and Storage Co.

73. Dallas Company Buys Macon Road Center -

6100 Macon Road
Memphis, TN 38134
Sale Amount: $1.2 million

Sale Date: March 26, 2014
Buyer: PNL Cumberland LLC
Seller: Flagstar Bank FSB
Loan Amount: $862,500
Loan Date: April 1, 2014
Maturity Date: N/A
Lender: Pinnacle Bank
Details: An affiliate of Dallas-based The PNL Cos. has paid $1.2 million for the 30,000-square-foot shopping center at 6100 Macon Road in Northeast Memphis.

74. New Perspective -

When the U.S. Postal Service closed its branch office at 826 Mississippi Blvd. near E.H. Crump Boulevard in 2012, workers carted off an oil painting that hung there for several decades with little thought about the man portrayed in the painting.

75. Hillview Village Apartments Sell for $5.9 Million -

2051 E. Alcy Road
Memphis, TN 38114
Sale Amount: $5.9 million

Sale Date: March 27, 2014
Buyer: 2013 Hillview LP
Seller: Alcy Partners LP
Details: The 265-unit Hillview Village Apartments at 2051 E. Alcy Road in the Defense Depot neighborhood have sold for $5.9 million.

76. Tripp Logistics Renews Nonconnah Corporate Center Lease -

Shawn Glemser, founder and owner of Tripp Logistics, a locally owned and operated logistics and transportation company, has renewed his lease at Nonconnah Corporate Center. Elliot Embry and Hank Martin of NAI Saig Co. represented the landlord, Nonconnah Holdings LLC.

77. Second Rape Kit Lawsuit Names More Officials -

The second federal lawsuit since December over the Memphis Police Department’s backlog of 12,000 untested rape kits casts a wider net of defendants than the first lawsuit, including the current and former Memphis police directors and the current and former district attorneys general.

78. Georgian Woods Apartments Sell for $3.9 Million -

118 St. Agnes Drive
Memphis, TN 38112

Sale Amount: $3.9 million

Sale Date: March 14, 2014

Buyer: Georgian Woods Property Owner LLC

79. Editorial: MPD’s Handling Of Rape Cases Pitiful -

Old-time cops call it the “belt buckle brigade.”

The brigade is summoned when law enforcement in our community calls a press conference to announce something they have done. Usually it’s a case they have solved.

80. Backlog Backlash -

The first thing Veronica Coleman-Davis wanted to do was take a look at where thousands of untested rape kits had been stored over the last 30 years.

The former U.S. attorney is investigating how the backlog came to be. It’s an effort that, until her appointment in February by Memphis Mayor A C Wharton Jr., had been pointed at clearing the backlog with no answers from any of the players in the criminal justice system about how the backlog happened in the first place.

81. City Council Continues Pension Talks -

Memphis City Council members continue their discussions Tuesday, March 18, about the city’s unfunded pension liability as well as possible changes in city employee heath care benefits.

But there is still no action on any part of the issues on the council agenda for a vote.

82. Commission Sets Up in Temporary Space -

Shelby County Commissioners will serve out the remaining seven months of their current four-year term of office by staying upstairs at the county administration building in their committee room.

The Monday, Feb. 10, commission meeting was the first in the expanded committee room as the ground floor chambers where the commission normally holds its twice-monthly voting meetings is renovated.

83. Call Center ‘Gratifying’ for Local Office Sector -

Conduit Global’s announcement this week that it is locating a call center in Shelby County that will employ 1,000 people was a breath of fresh air for local office real estate professionals.

84. Collierville Fred’s Sells for $1.5 Million -

450 U.S. 72
Collierville, TN 38017
Sale Amount: $1.5 million

Sale Date: Dec. 20, 2013
Buyer: Collierville Realty Holdings LLC
Seller: Washington Square Properties (a Tennessee general partnership composed of Thomas W. Taylor, trustee of the Thomas W. Taylor Revocable Living Trust dated April 27, 2000, and Thomas W. Hart)
Loan Amount: $793,000
Loan Date: Dec. 20, 2013
Maturity Date: Dec. 20, 2016
Lender: First Capital Bank
Details: The 19,152-square-foot fred’s retail store at 450 U.S. 72 in Collierville has sold for $1.5 million.

85. Nike Files $1.4 Million Permit for Frayser Facility -

Nike Inc. has filed a $1.4 million building permit with the city-county Office of Construction Code Enforcement for work on its North Memphis distribution center at 3100 New Frayser Blvd.

86. Wright Signs Lease for East Memphis Headquarters -

After months of planning, Wright Medical Group Inc. has signed the lease for its new headquarters and is in the process of moving to the wooded office campus at Park Avenue and Cherry Road in East Memphis.

87. Makino Named Music Director at Opera Memphis -

Ben Makino has joined Opera Memphis as the company’s music director. The conductor and pianist, who most recently worked with the Long Beach Opera in Long Beach, Calif., previously served as the music director of Opera Memphis’ inaugural 30 Days of Opera in 2012.

88. Harkavy Happy Mixing Business With Law -

Lee Harkavy, partner with Wyatt Tarrant & Combs LLP, had a dream to work in the world of business and finance, so the native Memphian pursued and completed a Bachelor of Business Administration in financing and accounting at the University of Michigan.

89. Dot Foods Breaks Ground on Dyersburg Facility -

A windy, cold morning would not keep civic leaders, elected officials and the Dyersburg community from giving a warm welcome to Dot Foods Inc. and its senior managers on Thursday morning as they broke ground on a new home. Company leaders gathered with the Dyersburg community to place the first shovels in the ground for a $24 million distribution center in Dyersburg Industrial Park next to the Nordyne building off Highway 211. The 166,494-square-foot distribution center is scheduled for completion by September 2014 making it the company's ninth distribution center in the United States.

90. CubeSmart Sells Storage Facility for $7.9 Million -

2700 Poplar Ave.
Memphis, TN 38112
Sale Amount: $7.9 million

Sale Date: Nov. 4, 2013
Buyer: WCP/DSSH Holdings 16 LLC
Seller: CubeSmart LP
Details: Wayne, Va.-based self-storage real estate investment trust CubeSmart LP has sold the U-Store-It facility at 2700 Poplar Ave. in the 38112 ZIP code for $7.9 million.

91. Neon Welcome Sign Could Shine Once Again -

The neon sign on the Lone Star Industries Inc. silos by The Pyramid arena that welcomed visitors to Memphis from the west may be making a comeback of sorts.

92. Developer Buys Land for Somerset Subdivision -

26.3 Acres near Neshoba
And Germantown Roads
Sale Amount: $1.5 million

Sale Date: Oct. 28, 2013
Buyer: Somerset-Exeter GP
Seller: Owen Investments LP
Loan Amount: $2.8 million
Loan Date: Oct. 28, 2013
Maturity Date: Oct. 28, 2016
Lender: Kent Wunderlich
Details: An entity related to Germantown-based developer McNeill Investment Co. has paid $1.5 million for 26.3 acres near the intersection of Germantown and Neshoba roads.

93. Sickle Cell Foundation Looking to Buy Hunt-Phelan House -

The Sickle Cell Foundation of Tennessee is trying to raise $2 million to buy the 175-year old Hunt-Phelan house, 533 Beale St., in what could be the latest change for the antebellum home that is the last mansion on a street once lined with them.

94. Lamar Avenue Storage Facility Sells for $1 Million -

An affiliate of Austin, Texas-based real estate investment firm World Class Capital Group has paid $1 million for the 63,740-square-foot A-AAA Key Mini Storage facility at 3951 Lamar Ave. in Oakhaven.

95. Ritz: Commission Should Block City’s EDGE Appointments -

Shelby County Commissioner Mike Ritz wants to hold up county approval of Memphis Mayor A C Wharton Jr.’s nominees to the board of the Economic Development Growth Engine (EDGE).

And he will press the issue of money the city of Memphis pledged in the creation of the joint economic development body with a resolution on the agenda for the Monday, Oct. 28, meeting of the county commission that would effectively block the city appointments.

96. Mobile Health Clinic Hits Streets to Help Homeless -

Baptist Memorial Health Care and Christ Community Health Services rolled out a new state-of-the-art mobile health clinic earlier this month, and the larger, modernized vehicle will give Baptist Operation Outreach the ability to treat more of the area’s homeless population in need of medical care.

97. CubeSmart Sells Memphis Storage Portfolio for $31.3 Million -

Wayne, Va.-based self-storage real estate investment trust CubeSmart LP has sold 10 local storage facilities to affiliates of Emeryville, Calif.-based Devon Self Storage Holdings LLC.

98. MBI Anticipates Little Change Under New Owner -

With a new owner in place, Memphis Business Interiors (MBI) anticipates little change to its operations – but it does expect to grow.

New owner Rhonda Bradley said the only changes she has in sight for the 18-year-old office design firm are “adding new areas, strengthening service in areas we cover currently and growing in training and development of current employees.”

99. Panattoni’s Speculative Warehouse Underway -

In industrial development news, construction on Panattoni Development Co.’s speculative industrial building in Marshall County, Miss., is progressing.

100. Room Service -

Hilton Worldwide celebrates its second Global Week of Service this week, and more than 700 Hilton employees are working locally on community involvement projects, such as this year’s signature event at the Pilgrim’s Rest housing facility, 747 Court Ave.