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Editorial Results (free)

1. 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.

2. US Home Sales Surged in June to Fastest Pace in 8-Plus Years -

WASHINGTON (AP) — Americans bought homes in June at the fastest rate in over eight years, pushing prices to record highs as buyer demand has eclipsed the availability of houses on the market.

3. 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.

4. Ikea Buys Cordova Acreage For Planned Memphis Store -

41 Acres for
Future Ikea Store

Sale Amount: $5.7 million

Sale Date: July 10, 2015

Buyer: IKEA Property Inc.

5. Memphis Tourism Officials: Limit Hotel Tax Breaks -

A wave of Downtown hotel plans has officials pumping the brakes on using public incentives for smaller, limited-service hotels.

With up to a dozen Downtown hotel projects in the development pipeline, the Memphis Convention and Visitors Bureau has asked the Downtown Memphis Commission to explore limiting incentives to large, full-service hotels.

6. 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.

7. Germantown Eyes Area South of Poplar for Elementary School -

Germantown leaders are looking for land south of Poplar Avenue in Germantown for a new elementary school for the Germantown Municipal School District.

“South of Poplar we want to have a community school, an elementary school,” Germantown Municipal School District superintendent Jason Manuel said on the WKNO TV program “Behind The Headlines.”

8. REIT Buys Sears Properties in Sale-Leaseback -

In part of a major transaction to increase cash flow and make their retail spaces more productive, Sears Holdings Corp. sold four Memphis properties to its newly formed public real estate investment trust, Seritage Growth Properties, for a combined $17.6 million.

9. On Edge -

In February Sam Carolan was planning to move from Austin, Texas, to Memphis to become a digital sales specialist for Nexstar Broadcasting Group Inc., which owns the ABC24 and CW30 television channels.

10. Fed Survey Finds Economic Growth in All Regions of US -

WASHINGTON (AP) – The U.S. economy was expanding in all regions of the country in the late spring, aided by strong sales of autos and other consumer goods.

In its latest survey of business conditions, the Federal Reserve said Wednesday that some of its regions reported that lower energy prices were encouraging consumers to shop and eat out more. Growing sales of homes and commercial real estate also boosted the economy.

11. Clark Tower to Get $6 Million in Capital Improvements -

The venerable Clark Tower is getting an infusion of cash for capital improvements.

In-Rel Properties, which owns the East Memphis skyscraper, has executed an agreement with the building’s lender paving the way for a $6 million capital improvement project that will begin immediately.

12. LRK Launches Expansion in Downtown Memphis -

Looney Ricks Kiss is embarking on an expansion of its Downtown Memphis headquarters.

The Memphis-based architecture, planning and design firm is expanding its office footprint by about 60 percent as part of a long-term lease extension at the Toyota Center building adjacent to AutoZone Park, 175 Toyota Plaza.

13. REIT Buys Sears Properties in Sale-Leaseback Transaction -

In part of a major transaction to increase cash flow and make its retail spaces more productive, Sears Holdings Corp. sold four Memphis properties to its newly formed public real estate investment trust, Seritage Growth Properties, for a combined $17.6 million.

14. Details Emerge on Planned Binghampton Retail Center -

The Binghampton neighborhood is inching closer to landing a grocery store as plans for a neighborhood retail center there come into clearer focus.

The Binghampton Development Corp. has signed a “letter of intent” with an unidentified national supermarket chain to build a store at the corner of Sam Cooper Boulevard and Tillman Street. It also is pursuing other retailers for the planned development that will bring more goods and jobs to the community.

15. Portion of Farms at Bailey Station Sells -

Retirement Cos. of America LLC has taken a new step in its plan to bring a retirement development called The Farms at Bailey Station to South Houston Levee Road in Collierville.

16. New Hotel Planned for Downtown Memphis -

Two Ohio-based development firms plan to build a new hotel on a vacant site in Downtown Memphis.

The Orlean Co. of Beachwood, Ohio, and Ceres Development LLC of Westlake, Ohio, plan on building a Cambria Suites on a 3.3-acre lot on the south side of Union across from Fourth Street, just west of Danny Thomas Boulevard.

17. Portion of Future Collierville Retirement Community Sells -

Retirement Cos. of America LLC has taken a new step in its plan to bring a retirement development called The Farms at Bailey Station to South Houston Levee Road in Collierville.

18. Wonder Bread Bakery Under Contract -

The former Wonder Bread bakery at 400 Monroe Ave. could soon have a new owner.

The bakery, idled by a labor strike before being sold in 2013, is under contract to a potential buyer, according to a commercial real estate broker.

19. Gulch Approaching 50 Percent Buildout -

Nashville’s storied Gulch, originally the home of the downtown railway terminal, is approaching another milestone in its long history.

Revitalization of the area began in the early 2000s, and The Gulch Improvement District was formed in 2006. Since that time, developers have found great success in luring in upscale residential, commercial and mixed-use tenants.

20. Fino’s Taking a Bite Out of East Memphis -

The Brookhaven Circle area, an emerging restaurant row in the heart of East Memphis, is welcoming a new neighbor.

Jerry Wilson, owner of Fino’s from the Hill at 1853 Madison Ave. in Midtown, has acquired the property at 703 W. Brookhaven Circle in East Memphis for $526,600.

21. Memphis Symphony Eyes Move to Midtown -

Memphis Symphony Orchestra president and CEO Roland Valliere is not shy when it comes to talking about the future of the organization.

After all, it wasn't that long ago that the symphony made the painful acknowledgement that its finances were in dire straits, that it needed support from patrons and the public more than ever and that its future was far from guaranteed.

22. Will Latest Inflammatory Comments Tarnish Trump's Brand? -

NEW YORK (AP) – Is Donald Trump's business empire as Teflon-coated as his hair appears to be?

Trump has found himself on the receiving end of the catchphrase he made famous on his reality show "The Apprentice" – "You're fired!" – after NBC dumped the real estate mogul Monday over comments he made about immigrants during his recent presidential campaign kickoff speech.

23. Graceland Hotel Developers File $84 Million Construction Loan -

3600 Elvis Presley Blvd.
Memphis, TN 38116
Loan Amount: $84 million

24. Senior Living Community In Hickory Hill Sells for $10 Million -

Legacy IL Property Co. LLC purchased two properties comprising the Residences at Lenox Park senior living community in Hickory Hill on June 11 for $10 million.

25. Belz’s Industrial Portfolio Sells to MDH for $82 Million -

The recent sale of Belz Enterprise’s industrial portfolio to MDH Partners LLC of Atlanta totals more than $82 million, according to four special warranty deeds filed on June 19.

26. Belz’s Industrial Portfolio Sells to MDH for $82 Million -

The recent sale of Belz Enterprise’s industrial portfolio to MDH Partners LLC of Atlanta totals more than $82 million, according to four special warranty deeds filed on June 19.

27. Seeds of Nutrition in South Memphis -

Second in a series of profiles on the Community Foundation of Greater Memphis’ GiVE 365 grantees.

The community garden/urban farming concept literally took root years ago. Knowledge Quest founder and director Marlon Foster remembers well the 25-by-25-foot plot at the Fowler Homes housing project back in 1999. It was a humble beginning planted with a few seeds and a lot of faith and hope.

28. Ballet Memphis Turns to Overton Square -

Scratch those plans for a new Hotel Overton where the French Quarter Inn now sits in Overton Square.

Ballet Memphis has a sales contract on the property at the northeast corner of Madison Avenue and Cooper Street and plans to build a new two-story structure fronting on Madison with parking in the rear and on the eastern end.

29. 100 N. Main Keeps Power On for Another Month -

The head of the Downtown Memphis Commission says the skyscraper at 100 N. Main St. suffers from “weak” ownership and that the building would probably be better off with a new, deep-pocketed owner.

30. Here's Why Home Sales Are Finally Surging -

WASHINGTON (AP) — Real estate has gotten hot again.

Home sales are on pace for their best year since 2007. First-time buyers are streaming back into the market. Prices are skyrocketing, aided by a stronger job market and tantalizingly low mortgage rates that are creating pressure for buyers to act fast.

31. Senior Living Community in Hickory Hill Sells for $10M -

Legacy IL Property Co. LLC purchased two properties comprising the Residences at Lenox Park senior living community in Hickory Hill on June 11 for $10 million.

32. Michigan Investor Pays $7.5 Million for Hickory Hill Apartments -

5995 Waterstone Oak Way
Memphis, TN
Sale Amount: $7.5 million

Sale Date: June 11, 2015
Buyer: RoCo-Lakes LLC
Seller: RRE Waterstone Holdings LLC
Loan Amount: $6.2 million
Loan Date: June 11, 2015
Maturity Date: June 11, 2017
Lender: Keybank NA
Details: RoCo-Lakes LLC, a Michigan limited liability company, purchased two parcels comprising The Lakes at Ridgeway Apartments on June 11.

33. Developer Arranging Financing for 100 North Main -

The owner of the skyscraper at 100 N. Main St. is closing in on a financing package to redevelop the building and will pay his utility bill as soon as the deal is complete, according to a review of public records.

34. Why Isn't Stolen Data on Federal Employees for Sale? -

WASHINGTON (AP) – The Obama administration is increasingly confident that China's government, not criminal hackers, was responsible for the extraordinary theft of personal information about as many as 14 million current and former federal employees and others, The Associated Press has learned. One sign: None of the data has been credibly offered for sale on underground markets popular among professional identity thieves.

35. Dayco Wins Tax Break For Distribution Operations -

Michigan-based manufacturer Dayco Products Ltd. will consolidate its distribution operations in the Memphis area, but exactly where remains undecided.

“Due to the continued growth in demand for our products and increased product complexity over the past several years, we have committed to this significant capital investment in order to deliver increased value to our customers,” said Ed Rammel, president of the North American and Australian Aftermarket for Dayco, in a company statement.

36. Local Investment Group Files $11.4 Million Loan -

Radiant Group of Properties LLC filed an $11.4 million loan with BancorpSouth Bank on June 14 for 14 of its retail properties around Memphis and Shelby County.

37. Hickory Hill Retirement Home Sells for $1.2 Million -

FLH Assisted Living Residences LP, a Tennessee limited partnership based in Collierville, purchased the Franklin Park retirement home located at 3393 Kirby Road in Hickory Hill on June 11 for $1.2 million.

38. Hillwood Pays $17.7 Million for FedEx SupplyChain Facility -

5050 E. Holmes Road and 0 Lamar Ave.
Memphis, TN 38118
Sale Amount: $17.7 million

39. Blight Fight -

Somer Smith and three colleagues were busy Thursday, June 11, cruising around the South End portion of Downtown on the lookout for neglected properties.

Smith, an associate at Brewer & Barlow PLC and a second-year student in the City and Regional Planning graduate program at the University of Memphis, was canvassing the area around Crump Boulevard and West Virginia Street as part of a volunteer force organized by the Downtown Memphis Commission to conduct a sweeping survey of property conditions.

40. Panel Alters Wharton’s Plan for Memphis Fairgrounds -

The Mid-South Coliseum becomes a pavilion with a grove next to a multi-purpose sports center. A 10-acre water park fronts on Central Avenue where a high school gym now stands.

A second north-south Tiger Lane intersects with the current east-west version.

41. Panel Alters Wharton’s Plan for Memphis Fairgrounds -

The Mid-South Coliseum becomes a pavilion with a grove next to a multi-purpose sports center. A 10-acre water park fronts on Central Avenue where a high school gym now stands.

A second north-south Tiger Lane intersects with the current east-west version.

42. Hillwood Pays $17.7M for FedEx SupplyChain Facility -

Hillwood Investment Properties, a Dallas-based commercial real estate investment company based, has purchased the Summit Distribution Center Building II, according to a special warranty deed filed June 4.

43. Old Dominick Distillery Moving Forward -

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

44. Editorial: One Beale and the Change We Think We Want -

For many years, urban planners have talked about the need for more density in Memphis – more of us living and working closer together. With that kind of density comes change.

It makes a working, credible public transportation system more likely to have a sustainable future, and it activates surroundings that previously were foreboding and assumed to be dangerous in their relative isolation.

45. Del-Nat Sells Warehouse, Newby’s Makes A Comeback -

Del-Nat Tire Co. has unloaded a 500,000-square-foot warehouse in Southwest Memphis.

Sunhill Holdings LLC acquired the warehouse at 2365 Texas Drive for $6 million from Del-Nat Realty.

46. Old Dominick Distillery Moving Forward -

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

47. Memphis' Tallest Building Faces June 24 Utility Cutoff -

The owner of the skyscraper at 100 N. Main St., the city’s tallest office building, has two weeks to pay the delinquent balance on the Memphis Light, Gas and Water Division bill before utilities will be disconnected, a move that would catch a popular Downtown restaurant in the crossfire, according to a an executive at the publicly owned utility.

48. MAA Outgrowing Its East Memphis Headquarters -

MAA has tapped Cushman & Wakefield/Commercial Advisors to explore its long-term corporate office needs.

The apartment-focused real estate investment trust says internal growth and the 2013 acquisition of Colonial Properties Trust means space at its East Memphis headquarters is getting tight.

49. 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.

50. Hillwood Pays $17.7 Million for FedEx SupplyChain Facility -

Hillwood Investment Properties, a Dallas-based commercial real estate investment company based, has purchased the Summit Distribution Center Building II, according to a special warranty deed filed June 4.

51. One Beale Faces Questions About Riverside Impact -

When the One Beale luxury high-rise project goes to the Land Use Control Board Thursday, June 11, there will be opposition, concerns and questions about its impact on surrounding properties at Memphis’ riverside.

52. Senses Nightclub To Reopen in Former Poplar Location -

The East Memphis nightspot Senses is seeking to reopen the doors of the club with very few if any changes two years after it closed.

C and R Events Enterprise LLC, the new owner of the property at 2866 Poplar Avenue, has filed with city planning and zoning officials for a special use permit.

53. ULI Fairgrounds Panel Has Busy Schedule -

A team of eight out-of-town planning experts has a busy week ahead as it wades into the simmering local debate about plans to recast the Mid-South Fairgrounds.

And the first hard copy of something the Urban Land Institute-assembled group is likely to get are the comments from four town hall meetings held in different parts of Memphis over two evenings last week.

54. Inspector Anxiety Bites Both Buyers and Sellers -

Almost all home sales stipulate that a home inspector will evaluate the condition of the house. The person who coined the “fine-toothed comb” phrase may well have had visions of these detectives crawling into places fit neither for man nor beast and ascending high into the heavens shingle by shingle.

55. Buster's Boom: Popular Liquor and Wine Store Expanding -

Buster’s Liquors & Wines is expanding its footprint. The popular wine and liquor store near the University of Memphis is taking over the space occupied by La Hacienda Mexican Restaurant in the University Center retail development at Poplar Avenue and Highland Street.

56. Senses Nightclub to Reopen in Former Poplar Location -

The East Memphis nightspot Senses is seeking to reopen the doors of the club with very few if any changes two years after it closed.

C and R Events Enterprise LLC, the new owner of the property at 2866 Poplar Avenue, has filed with city planning and zoning officials for a special use permit.

57. Connexion Point to Hire Nearly 400 in Memphis -

A technology-driven health care services company is opening a Memphis office that will employ nearly 400 people over the next few months.

Connexion Point, a Salt Lake City, Utah-based company that represents large insurance companies, will open a contact center at Nonconnah Corporate Center in Southwest Memphis.

58. High Court: Bankrupt Homeowners Can't Void Second Mortgage -

WASHINGTON (AP) – A unanimous Supreme Court ruled Monday that homeowners who declare bankruptcy can't void a second mortgage even if the home isn't worth what they owe on the primary mortgage.

59. Global Ministries Appeals Failing HUD Scores at Memphis Properties -

A month after 40 units at the Goodwill Village and Warren Apartments were declared unfit by federal housing officials, the units have been repaired and the residents moved back in.

60. Fogelman Management Group Adds 1,800 Units -

Memphis-based Fogelman Management Group has won approval for the management of seven new properties across the Southeast totaling more than 1,800 units.

The company announced Monday, May 25, that it was awarded management duties at the properties in Georgia, Alabama, Florida, North Carolina and Missouri.

61. Finding Dream House Becomes a Nightmare -

As has been documented, there are more buyers than sellers these days, hence more demand than supply.

While the sales figures are well-reported and month after month seem to report the same news of sales going skyward along with prices, the humanity side of the equation is often lost.

62. Habitat and ServiceMaster Fix Up Veteran’s Uptown Home -

Habitat for Humanity of Greater Memphis and about 75 ServiceMaster associates fixed up the house of a local veteran in Uptown as the Memorial Day weekend began.

The volunteers donated their time and effort to the home of James Killion Jr. on McDavitt Place. 

63. Fogelman Management Group Adds 1,800 Units to Portfolio -

Memphis-based Fogelman Management Group has won approval for the management of seven new properties across the Southeast totaling more than 1,800 units.

The company announced Monday, March 25, that it was awarded management duties at the properties in Georgia, Alabama, Florida, North Carolina and Missouri.

64. Oak Park Apartments Demolition Latest in Blight Campaign -

The group of Memphis leaders and Glenview-area homeowners standing in a parking lot last week surrounded by the shells of two two-story apartment buildings and the charred foundation of a third paused for a moment.

65. Absolute Recovery Services Enjoys Solid Growth in Short Time -

Jason Burnett has worked his way through several different collections firms specializing in everything from retail to bank to medical debt.

66. Oak Park Apartments to Be Demolished -

Memphis Mayor A C Wharton Jr. and other city leaders will announce Friday, May 22, the demolition of the long-vacant Oak Park Apartments at 1221 S. Willett St.

67. US Home Sales Slide in April Amid Listing Shortage -

WASHINGTON (AP) – Sales of existing U.S. homes slipped in April due mainly to relatively few listings and rising prices, providing evidence of the housing sector's uneven recovery.

The National Association of Realtors said Thursday that sales of existing homes fell 3.3 percent to a seasonally adjusted annual rate of 5.04 million. April marked the second straight month of the sales rate topping 5 million homes. Purchases have recovered from a disappointing 2014 because strong job growth and low mortgage rates have generated more would-be buyers.

68. Oak Park Apartments to Be Demolished -

Memphis Mayor A C Wharton Jr. and other city leaders will announce Friday, May 22, the demolition of the long-vacant Oak Park Apartments at 1221 S. Willett St.

69. Don’t Let Foundation Issues Scare You Away -

The act of getting a home under contract in our current residential real estate market environment is considered by most buyers as a significant achievement.

As was the case in the home featured in the “Sale of the Week,” many homes are selling for more than list price in bidding wars. In order to get to that point, the buyers had to identify a home that met their needs in an area they found desirable. That’s no small task.

70. Orion Adds Commercial Loan Originator -

Orion Federal Credit Union has expanded its lending program via the appointment of Ashley Sutherland as a commercial loan originator.

71. Southbrook Tests Wharton Administration Shake-Up -

It didn’t take very long for the city of Memphis’ new chief administrative officer to make a tough call.

And when Jack Sammons came down on the side of pulling back city funding for Southbrook Mall, political allies and foes of Mayor A C Wharton Jr. watched to see if he would go along with the decision.

72. THE PRESENT: Overton Square Development Going Strong -

As Overton Square prepares to blow out 45 candles as part of a milestone anniversary celebration May 23, development activity at the Midtown landmark is still going strong.

Bob Loeb, president of square developer Loeb Properties, says “another performing arts existing provider in town” wants to relocate to the square, something addressed as part of a local Urban Land Institute technical advisory panel convened earlier this month to look at that prospect, among other issues.

73. Square Roots -

Lucy Woodson and George Saig went to lunch recently in Overton Square.

They chose Babalu, the site where the entertainment district began in 1970 with the opening of the former TGI Friday’s, just months after Memphis voters approved “liquor by the drink.”

74. East Tennessee’s Endangered 8 -

The East Tennessee Preservation Alliance’s list of endangered heritage sites for the region:

1. The Stonecipher-Kelly House in Morgan County was built around 1814 by the first permanent white settlers in that area, as part of a Revolutionary War land-grant.

75. Preserving East Tennessee's Endangered Buildings -

When preservation comes up in conversation, it brings to mind crumbling Victorian mansions or maybe an old Woolworth’s sitting idle downtown.

That’s definitely been the case in and around Knoxville, and it’s a mindset that Knox Heritage and the East Tennessee Preservation Alliance (ETPA) are working hard to break.

76. Men’s Salon Opening in Germantown -

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

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

77. Shelby County Commission Questions Grays Creek Payday Loan Error -

Shelby County Commissioners want to know how a payday loan business got a certificate of occupancy from the county’s Office of Construction Code Enforcement and opened in the Cordova Ridge Shops development even though such a business violates the Unified Development Code.

78. Beale Street Board to Tackle District Plans, Future -

Jeff Sanford has spent much of the past five years consulting on redevelopment projects in other cities.

But Sanford – who stepped down from his post as president of the Center City Commission, now the Downtown Memphis Commission, in 2010 – hasn’t found another entertainment district comparable to Memphis’ most famous street.

79. Convincing Girls, Women to Pursue Science and Math Careers -

Claudia Rawn is used to talking about science, so when asked to speak about women in the STEM disciplines, she was a bit out of her comfort zone.

The speaking invitation came from organizers with the University of Tennessee’s inaugural Women in STEM Research Symposium, held in April.

80. Brewery Redevelopers Seek 20-Year Tax Freeze -

The team behind the effort to redevelop the historic but long-vacant Tennessee Brewery could receive a 20-year tax freeze to help make the project a reality.

Developers Billy Orgel, Adam Slovis and Jay Lindy are proposing a $28.1 million adaptive reuse of the existing 90-foot-tall brewery building overlooking the Mississippi River, a new residential building and a new parking garage.

81. ULI Gathering Puts Numbers to Poverty Challenge -

The way Steve Guinn sees it, there are two ways for Memphis to reduce its poverty rate by 10 percentage points.

82. Germantown Parkway Parcels Sell for $3.4 Million -

789 and 725 N. Germantown Parkway
Memphis, TN 38018
Sale Amount: $3.4 million

83. 1 in 4 US Renters Must Use Half Their Pay for Housing Costs -

WASHINGTON (AP) – More than one in four U.S. renters have to use at least half their family income to pay for housing and utilities.

That's the finding of an analysis of Census data by Enterprise Community Partners, a nonprofit that helps finance affordable housing. The number of such households has jumped 26 percent to 11.25 million since 2007.

84. Nashville Zoning Issue a Big Threat to Tiny Houses -

As the price per square foot for Nashville properties continues its climb, buyers are paying more for less.

Some find the price points for the small condominiums to be outrageous, yet many, especially millennials, are flocking to the spaces, and developers are making it easier for them to customize in ways that complement their lifestyles.

85. Condo Dwellers Loving Restaurant Choices -

It’s Saturday afternoon, and the Bakersfield taco bar, located at the bottom of the Encore condominium building downtown, has drawn a lively crowd.

With the country music cranked and servers delivering platters of four-inch tacos displayed on trays like pizzas, guests of all types look to be on vacation.

86. Quarterly Economic Data Shows Improvement -

Based on several metrics related to the local economy in the first quarter, there would appear to be plenty of data to back up the optimism real estate professionals like Tommie Criswell, broker-manager for Crye-Leike’s East Memphis office, say they feel at the moment.

87. Germantown Parkway Sites Bought for $3.4 Million -

Two parcels of rarely available land on Germantown Parkway have been purchased for $3.4 million.

Marketplace Monroe LLC acquired the parcels at 789 and 725 N. Germantown Parkway, according to two April warranty deeds.

88. Investors Buy Midtown Retail Buildings for $3.4 Million -

California investors have purchased two retail buildings totaling 60,000 square feet in Midtown for $3.4 million.

The retail buildings, formerly owned by Atlanta-based Home Depot, are located at 1635 and 1625 Poplar Ave., adjacent to the Home Depot store at Poplar and Angelus Street. Home Depot is maintaining its store at the shopping center at Poplar and North Avalon St., which the Atlanta-based home improvement store bought several years ago.

89. Shelby County Commercial Sales Revenue Surges in First Quarter -

The number of commercial sales in Shelby County dipped in the first quarter when compared to last year but the average sale amount and total sales revenue surged ahead of 2014 levels, according to real estate information company Chandler Reports.

90. Stringfellow Taking Memphis Back to the Basics -

Alex Stringfellow believes it’s time for Memphis to get back to basics.

As chairman of the Urban Land Institute’s Young Leaders division, he’s noticed at lecture events that questions from the audience always return to the same core subjects. This need for information, coupled with a perceived negative attitude among Memphians about the city’s issues, drove him to organize ULI Memphis’ May 4 event, “Getting Back to Basics: The Real Deal of Schools, Crime & Taxes.”

91. Germantown Parkway Sites Bought for $3.4 Million -

Two parcels of rarely available land on Germantown Parkway have been purchased for $3.4 million.

Marketplace Monroe LLC acquired the parcels at 789 and 725 N. Germantown Parkway, according to two April warranty deeds.

92. Midtown Momentum -

Kroger Co., buoyed by the Crosstown Concourse development and increased investment in Midtown as a whole, has purchased properties associated with the long-dormant Washington Bottoms project at Poplar Avenue and Cleveland Street.

93. Wharton on State ‘Blueprint’ Funding, Mud Island Plan -

Memphis Mayor A C Wharton Jr. wants to bring state funding to the table when he takes his “Blueprint for Prosperity” to the Memphis City Council and others.

Wharton was to meet with Tennessee Gov. Bill Haslam Friday, April 24, in Nashville to secure the state’s commitment to the effort, he said after taping the WKNO-TV program "Behind The Headlines" earlier that day.

94. Hamlet Apologizes for Apartment Conditions -

The owner of Goodwill Village and several other inner city apartment complexes that have drawn the attention of city code enforcement inspectors apologized Friday, April 24, for their long-standing conditions and vowed to correct them.

95. Wharton on 'Blueprint for Prosperity' Funding, Cates' Mud Island Plan -

Memphis Mayor A C Wharton Jr. wants to bring state funding to the table when he takes his “Blueprint for Prosperity” to the Memphis City Council.

Wharton was to meet with Tennessee Gov. Bill Haslam Friday, April 24, in Nashville to secure the state’s commitment to the effort, he said after a taping earlier Friday morning on the WKNO TV program Behind The Headlines.

96. Sounds Like a Hit for Neighbors -

For months, sounds of construction surrounded the Nashville Sounds’ sparkling new First Tennessee Park in Germantown.

The constant thump-thump-thump of pounding jackhammers competed with the irritating, high-pitched beeps of vehicles backing up. Ka-ching! Cranes lifted steel beams into place, keeping time with a syncopated thrumming of never-ending drilling. Ka-ching!

97. Goodwill Games -

When a group of elected leaders gathered a week ago at Goodwill Village apartments in North Memphis, they came to convey some sense of urgency about deteriorating conditions at the 47-year-old federally subsidized apartment complex.

98. New Lease Pushes Atrium I Building Near 100 Percent -

A Memphis law firm has inked a new lease at a prominent East Memphis building, pushing the office property toward total occupancy.

The Miles Mason Family Law Group PLC has inked a lease for 2,700 square feet in the Atrium I building at 6800 Poplar Ave.

99. Going Green -

On a recent Friday afternoon, Hnedak Bobo Group team members were huddled in the company’s basement at 104 S. Front St.

100. Wal-Mart Moves Forward With New Supercenter -

6790 Raleigh Lagrange Road
Memphis, TN 38134
Permit Amount: $600,000

Permit Application Date: April 2015
Owner: Wal-Mart Stores Inc.
Tenant: Wal-Mart Stores Inc.
Architect: Carlos Perez
Details: Wal-Mart Stores Inc. is moving forward with plans for a new supercenter near Interstate 40 and Whitten Road.