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Editorial Results (free)

1. Greenprint Advocates Tout Range of Benefits -

After being lampooned for years as one of the worst metro areas in the country for bicyclists and pedestrians, the Memphis region is poised to make a huge leap forward in developing a regional greenway and trail system.

2. 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.

3. August 15-21: This week in Memphis history -

2013: Norah Jones was a surprise guest at a Levitt Shell concert by Cory Chisel and the Wild Rovers Tour.

1984: The Center City Commission reported $450 million in construction Downtown since 1976, counting public as well as private financing. The construction boom included the Memphis Plaza Hotel, Morgan Keegan Tower and the Scimitar Building.

4. Commission Approves School Facilities Study -

Shelby County Commissioners approved Monday, Aug. 4, a $1.8 million school facilities study to be conducted by Shelby County Schools.

And the commission approved a resolution asking Tennessee legislators to change laws on the approval of land use and zoning changes within five miles of the Memphis city limits. The change would make the Shelby County Commission the only body needed for approval. Currently, such changes within the 5-mile limit also require approval of the Memphis City Council.

5. PILOT Incentives Go Before City Council -

The incentives used to attract companies to the city and county or retain existing jobs got a hearing before a Memphis City Council committee Tuesday, Aug. 5.

In the ultra-competitive world of economic development, incentives can tip the scales in favor of Memphis and Shelby County, said Reid Dulburger, president and CEO of the city-county Economic Development and Growth Engine.

6. PILOT Incentives Go Before City Council -

The incentives used to attract companies to the city and county or retain existing jobs got a hearing before a Memphis City Council committee Tuesday, Aug. 5.

In the ultra-competitive world of economic development, incentives can tip the scales in favor of Memphis and Shelby County, said Reid Dulburger, president and CEO of the city-county Economic Development and Growth Engine.

7. Graceland Campus Financing Relies on Tight Boundaries -

When Elvis Presley Enterprises breaks ground next week on the $75 million, 450-room hotel-resort it will build north of Graceland mansion, it will be the beginning of crossing something off the company’s wish list since Elvis Presley’s mansion opened for tours in the early 1980s.

8. Problem Property -

The city of Memphis and the Downtown Memphis Commission suffered a stinging setback this week in their quest to rid a key section of Main Street of a deteriorating eyesore, one that has survived multiple attempts to be sold and defied repeated orders to clean up.

9. Commission Approves School Facilities Study -

Shelby County Commissioners approved Monday, Aug. 4, a $1.8 million school facilities study to be conducted by Shelby County Schools.

And the commission approved a resolution asking Tennessee legislators to change laws on the approval of land use and zoning changes within five miles of the Memphis city limits. The change would make the Shelby County Commission the only body needed for approval. Currently, such changes within the 5-mile limit also require approval of the Memphis City Council.

10. County Commission Asks for Federal Election Monitors -

Shelby County Commissioners voted Monday, Aug. 4, to ask U.S. Attorney Ed Stanton to monitor Thursday’s election in Shelby County.

The commission approved the resolution after attorney and former Shelby County Commissioner Julian Bolton said there have been “serious” irregularities already during the early voting period. And Bolton cited problems in past elections.

11. Carlisle Corp. Buys Sharky’s Property -

6201 Poplar Ave.
Memphis, TN 38119
Sale Amount: $2.9 million

Sale Date: July 29, 2014
Buyer: Wendelta Property Holdings LLC
Seller: Aaron Muschel
Details: An affiliate of Carlisle Corp. has paid $2.9 million for the recently closed Sharky’s Gulf Grill at 6201 Poplar Ave.

12. County Commission Weighs End of Term Items -

At the next to last meeting of their four-year terms of office, Shelby County commissioners will be dealing with some items that have been on the wish lists of individual commissioners for years in some cases.

13. Holiday Inn Express Owner Files Loan -

The owner of the 72-room Holiday Inn Express & Suites at 7784 Wolf Trail Cove in Germantown has filed a $7 million loan on the property.

14. Lot Shortage Poses Next Roadblock -

Local homebuilders say a dearth of developed lots is slowing down the new housing rebound, weighing down an industry still trying to drag itself out of the rubble left by the worst recession in decades.

15. Regional One Health Expands Footprint -

In the last year, Regional One Health has added about 100 employees and its new name.

Of course, for about three decades it was known as The Regional Medical Center at Memphis – or simply The MED. That officially changed back on Feb. 26 when Regional One Health became the new name for the Shelby County Health Care Corp. and the “umbrella” name for the hospital.

16. Chamber Launches PILOT Education Campaign -

Memphis economic development officials wasted little time launching an information campaign about Memphis and Shelby County’s primary business incentive program.

On July 16, less than a month after the Memphis City Council adopted a budget that included deep cuts to employee and retiree benefits, the Greater Memphis Chamber posted a video exploring how the payment-in-lieu-of-taxes incentive program works and why it is needed.

17. Knowledge Tree Buys Cordova Retail Center -

8195 Dexter Road
Memphis, TN 38016
Sale Amount: $1.3 million

Sale Date: July 8, 2014
Buyer: K Tree LLC
Seller: 8195 Dexter Road LLC
Loan Amount: $1.5 million
Loan Date: July 11, 2014
Maturity Date: N/A
Lender: First Tennessee Bank NA
Details: An affiliate of the Knowledge Tree learning center has paid $1.5 million for the 28,575-square-foot shopping center at 8195 Dexter Road in Cordova.

18. Crews Realty Buys Collierville Acreage for $2 Million -

Three vacant parcels totaling about 231 acres at Tenn. 385 and Houston Levee Road in Collierville have sold for a combined $2 million.

A Germantown-based entity called HL385 Investments LLC, an affiliate of Crews Realty, bought the properties in two July 14 special warranty deeds from Jane Isbell Haynes, Barton F. Haynes, Elizabeth F. Haynes Burnett and Mary F. Haynes Gardner.

19. More Than Delta -

MESSAGE FROM HOME. A while back – right after I wrote a column blasting Delta, the Airport Authority and Garage Gargantua – I was invited to tour the airport and learn a thing or two or 50 about where so much of what and where we are takes off and lands every day.

20. Primacy Parkway Office Building Sells for $7 Million -

6060 Primacy Parkway
Memphis, TN 38119
Sale Amount: $6.9 million

Sale Date: June 27, 2014
Buyer: LSREF2 Newton LLC
Seller: Hub Properties Trust
Details: The 130,593-square-foot office building at 6060 Primacy Parkway in East Memphis has sold for $6.9 million.

21. Company Buys 30 Acres Of Land for $1.3 Million -

An affiliate of Lakeland-based real estate company WESSCORP Communities has paid $1.3 million for about 30 acres of vacant land in Northeast Memphis near Arlington.

The entity known as The Charleston HL Apartment Community LLC bought the two parcels – one totaling 29.6 acres and one totaling 0.1 acres – in a June 30 special warranty deed from First Alliance Bank.

22. Changing Landscape -

It’s been confusing from a distance.

The formal groundbreaking for Shelby Farms Park’s $70 million “Heart of the Park” improvements, including an expansion of Patriot Lake, came the same week last month the Memphis City Council voted to delay for one year the city’s portion of funding for the Shelby Farms Parkway.

23. After the Flood -

When the flood water and debris from Nonconnah Creek receded last week from the Wheel Estate Mobile Home Park on East Brooks Road, it exposed a set of familiar issues for such properties in Memphis.

24. Addison at Collierville Owner Files $17 Million Loan -

400 Orchard Circle
Collierville, TN 38017
Loan Amount: $16.8 million

Loan Date: July 1, 2014
Maturity Date: July 1, 2021
Borrower: G&I VII Addison at Collierville LLC
Lender: CBRE Capital Markets Inc.
Details: The owner of the 226-unit Addison at Collierville apartments at 400 Orchard Circle W. has filed a $16.8 million loan on the property.

25. Economic Development Growth Engine Looks to Make PILOTs More Effective -

For years, the payment-in-lieu-of-taxes incentive used to recruit or retain jobs in Memphis and Shelby County has been a lightning rod for criticism, particularly from municipal labor unions who view the incentives as corporate welfare that erodes the tax base.

26. ‘Significant Headwinds’ -

When Gov. Bill Haslam joined local economic development and civic officials at FedExForum in January to announce that Conduit Global would open a call center in Shelby County that would employ 1,000 people over the next three to five years, it provided a much-needed boost to the local office real estate sector.

27. Cypress Realty Files $7 Million Construction Loan -

Cypress Realty Holdings Co. has filed a $7 million construction loan for a medical office building on Wolf River Boulevard in Germantown.

28. Charlotte Firm Buys Mendenhall Warehouse -

4517 S. Mendenhall Road
Memphis, TN 38141
Sale Amount: $1.4 million

Sale Date: June 24, 2014
Buyer: TKC CLXXIX LLC
Seller: Tenn Thom Realty LLC
Loan Amount: $1.1 million
Loan Date: June 24, 2014
Maturity Date: N/A
Lender: First Tennessee Bank NA
Details: An affiliate of Charlotte, N.C.-based real estate development firm The Keith Corp. has paid $1.4 million for the 14,650-square-foot warehouse at 4517 S. Mendenhall Road in Hickory Hill.

29. Editorial: Park Should Be Place to Unify Community -

There is something about an economic impact study of a 4,500-acre park that at first glance seems out of place.

But given the recent travels of Shelby Farms Park through our local political machinery, further proof of the park’s worth is still needed.

30. Builder Files Construction Loan for Cambridge Manor -

Oakland-based homebuilder Creekside Homes LLC has filed a $1.2 million construction loan on five lots in the Cambridge Manor Planned Development in Arlington.

31. New Nonprofit Charts Role in Blight Fight -

The bulldozer went straight for the leasing office of the former Spanish Oaks apartments on Cazassa Road near Memphis International Airport.

Meanwhile another bulldozer across the two-lane road was deep into demolishing a set of buildings in the old Winchester Park apartments.

32. Legacy Farm Owner Files $29.8 Million Loan -

1120 Winchester Road
Collierville, TN 38017
Loan Amount: $29.8 million

Loan Date: June 18, 2014
Maturity Date: July 1, 2021
Borrower: Legacy Farm LLC
Lender: CBRE Capital Markets Inc.
Details: The owner of the 368-unit Legacy Farm apartment complex at 1120 Winchester Road in Collierville has filed a $29.8 million loan on the property.

33. Building Permits Tumble 38 Percent in May -

Homebuilding activity slowed in May compared to a year ago, with builders filing fewer permits and selling fewer new homes than the same month last year.

Builders pulled 72 permits in Shelby County in May, down 38.4 percent from 117 permits in May 2013, according to real estate information company Chandler Reports, www.chandlerreports.com. The 72 permits filed by builders in May were up slightly from 68 permits filed in April.

34. Westbrook Crossing Owner Files $22 Million Loan -

The owner of the Westbrook Crossing apartments at 525 Shea Road in Collierville has filed a $22 million loan on the property.

35. Heart of Park Advances as Shelby Farms Parkway Stalls -

Within the space of a few days this month, the Shelby Farms Park Conservancy formally broke ground on the park’s $70 million Heart of the Park project and then its leaders watched as the Memphis City Council delayed the Shelby Farms Parkway project for a year.

36. County Commission to Discuss Brooks’ Residency -

A challenge of Shelby County Commissioner Henri Brooks’ residency is serious enough that her fellow commissioners are prepared to discuss it at a special meeting next week.

The Shelby County Attorney’s office is investigating whether Brooks lives in the district she has represented for the last eight years.

37. Aren Investments Buys Winchester Haverty’s -

6870 Winchester Road
Memphis, TN 38115
Sale Amount: $1.1 million

Sale Date: June 2, 2014
Buyer: Aren Investments LLC
Seller: Kirsch Associates LP
Loan Amount: $850,000
Loan Date: June 2, 2014
Maturity Date: Nov. 15, 2015
Lender: BancorpSouth Bank
Details: Local real estate investment firm Aren Investments LLC has paid $1.1 million for the Haverty’s furniture store at 6870 Winchester Road in Hickory Hill.

38. EDGE Mulls Tax Break for Plastics Recycling Co. -

A company that recycles and manufactures post-industrial plastics is considering relocating from Arkansas to Memphis.

RE-CY, or RE-CY Plastics, is considering acquiring a facility on Winchester Road to recycle and manufacture plastics, which are then used for automotive parts, decking and IKEA furniture.

39. 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.

40. 10-Acre Cordova Industrial Site Sells -

A 10-acre heavy industrial site at 9373 Macon Road in Cordova has sold for $1.5 million to William A. McMahan of Bartlett.

41. Graceland Hotel Passes Crucial Hurdle -

A new hotel near Graceland has passed a key regulatory hurdle.

The Memphis-Shelby County Land Use Control Board approved a proposal from Elvis Presley Enterprises to build a 450-room hotel on the same side of Elvis Presley Boulevard as the historic Graceland mansion, one of the city’s top tourism sites.

42. Conduit Global Opens Call Center -

Civic and business leaders celebrated Conduit Global’s new call center Wednesday, June 11, with a ribbon-cutting ceremony.

The $8 million Conduit Global call center and back-office support operation at 7000 Goodlett Farms Parkway will eventually employ 1,000 people, making it one of the largest local job creation projects in recent history.

43. Bailey Continues Call for Shelby Farms Development -

Walter Bailey is the only serving Shelby County Commissioner who was part of the 1970s debate on the commission about what to do with the farmland that was the old Shelby County Penal Farm.

44. Commission Approves Budgets and Dueling Tax Rates Without PreK Amendment -

Shelby County Commissioners signed off Monday, June 2, on a $1.1 billion consolidated operating budget for all of Shelby County government as well as a $75 million capital budget, both for the fiscal year that begins July 1.

45. Shelby Farms Files $25 Million Permit for Lake Expansion -

500 Pine Lake
Memphis, TN 38134
Permit Cost: $25 million

Project Cost: $52 million
Permit Date: Applied May 2014
Completion: June 2016
Owner: Shelby Farms Park Conservancy
Tenant: Shelby Farms Park Conservancy
Architect: james corner field operations
Contractor: Montgomery Martin Contractors LLC
Details: The Shelby Farms Park Conservancy has filed a $25 million permit with the city-county Office of Construction Code Enforcement to expand Patriot Lake.

46. Fieldstone Apartments Pays $1.8 Million for Land -

Fieldstone Apartments III LLC – an affiliate of Michael Lightman Realty Co. – has paid $1.8 million for land near its Southeast Memphis property.

47. Ridge Lake Building Sold After Foreclosure -

756 Ridge Lake Blvd.
Memphis, TN 38120
Sale Amount: $2.9 million

Sale Date: May 8, 2014
Buyer: Life Insurance Co. of the Southwest
Seller: Brooks R. Smith, successor trustee
Details: The 38,472-square-foot Ridge Lake Office Building at 756 Ridge Lake Blvd. in East Memphis has sold back to the lender for $2.9 million following a foreclosure.

48. Construction Loan Filed for Kirby Whitten Land -

The owner of a 4.5-acre vacant parcel on Kirby Whitten Road has filed an $8 million construction loan for the Bartlett site.

Vancouver, Wash.-based Bartlett Care Group LLC filed the construction deed of trust with absolute assignment of rents and leases, security agreement and fixture filing financing statement May 7 through Wells Fargo Bank NA.

49. Culture of Health -

Twenty-five years ago, Carol Harshman was an aerobics instructor working for a Springfield, Mo., health club.

As someone with a job that allowed her to live out a lifestyle of health and wellness at work, she was in the minority.

50. Lamar Avenue Motel Sells for $1.3 Million -

The former Best Western Travelers Inn at 5024 U.S. 78 (Lamar Avenue) in Oakhaven has sold for $1.3 million.

Radha Hospitality LLC bought the 24,864-square-foot motel in a May 2 warranty deed from Anil N. Shah and P.V. Shah, who acquired the property in 1991 for $210,000 and developed the land.

51. Lessons for Memphis Abound in Atlanta’s Beltline -

The Atlanta Beltline is an infrastructure framework around the urban core of Atlanta – a 22-mile loop of mostly abandoned railroads that is being transformed into a transit greenway.

It is a linear park with streetcars, bicycle paths and pedestrian trails that will connect more than 40 diverse neighborhoods, as well as city schools, historic sites and cultural locales.

52. Commission to Vote On Austin Peay Project -

Shelby County Commissioners vote Monday, May 12, on the return of a planned development at the northwest corner of Austin Peay Highway and Millington-Arlington Road by First Citizens National Bank.

53. Tile Shop Inks Lease for First Area Store -

A specialty retailer of high-quality tile will open its first location in Memphis later this year.

The Tile Shop is in the final stages of negotiating a roughly 20,000-square-foot lease at 1245 Germantown Parkway, between Cordova Road and Autumn Creek Drive, in the Germantown Square Shopping Center in Cordova, according to company representative Lindsey Rose.

54. Across the River -

The Arkansas land between the bridges across the Mississippi River at Memphis doesn’t have a name, at least not yet.

If graffiti is any indication, lots of people go there. And they cross numerous boundaries on dirt and gravel roads and paths that can end abruptly and are posted with “no trespassing” signs and other warnings as well as railroad video cameras.

55. Graceland Hotel First Sign of Expansion Plans -

It’s been several years since executives at Elvis Presley Enterprises took an expansion plan to homeowners in Whitehaven.

The last time was when the entertainment company CKx Inc. owned 85 percent of Graceland and rolled out a $250 million plan to expand the area around Graceland into a resort setting with more hotels, restaurants and entertainment venues.

56. Graceland Files Notice for 450-Room Whitehaven Hotel -

Elvis Presley Enterprises has filed paperwork with the Land Use Control Board to move ahead with the first part of a long planned expansion of Graceland.

The filing with the LUCB Wednesday, April 30, is for construction of a 450-room hotel on the same side of Elvis Presley Boulevard as the mansion on a parcel of land EPE has owned since the mid 1990s.

57. Lenox Park Professional Buildings Sell for $6.1 Million -

The Lenox Park Professional Buildings A and B at 3175 Lenox Park Drive and 6625 Lenox Park Drive have sold for a combined $6.1 million following a foreclosure.

58. I Choose Memphis: Jittapong 'JT' Malasri -

“I Choose Memphis” spotlights Memphians who are passionate about calling this community home. New Memphis Institute provides the profiles.

Name: Jittapong “JT” Malasri

59. Houston Levee Parcel Sells for $1 Million -

A vacant 1.4-acre parcel at Houston Levee Road and Poplar Avenue in Collierville has traded hands for $932,700.

PHD @ Houston Levee LLC bought the land in a November 6 special warranty deed from Interface Houston Levee LLC. Though the sale closed in November, the Shelby County Register of Deeds didn’t process the paperwork until last week.

60. A Funder’s View of Sustainability -

Editor’s Note: This column will appear Tuesdays through April in honor of Sustainability Month for Memphis and Shelby County.

As the Mid-South’s philanthropic partner since 1969, the Community Foundation of Greater Memphis is clearly here to stay. That’s why we are interested in initiatives that make our area more livable and connected right now and for future generations.

61. Pinnacle Apartments Sell for $3.8 Million -

305 S. Bellevue Blvd.
Memphis, TN 38104
Sale Amount: $3.8 million

Sale Date: April 8, 2014
Buyer: Pinnacle Apartments Property Owner LLC
Seller: Bellevue Tower II LLC
Loan Amount: $3.4 million
Loan Date: April 11, 2014
Maturity Date: May 1, 2019
Lender: JPMorgan Chase Bank NA
Details: An affiliate of Woodbury, N.Y.-based CLK Properties has paid $3.8 million for the 118-unit Pinnacle Apartments at 305 S. Bellevue Blvd. in Midtown.

62. Collierville ABRA Owner Files $1.9 Million Loan -

The owner of the ABRA Auto Body & Glass at 430 E. Winchester Blvd. in Collierville has filed a $1.9 million loan on the property.

63. Commercial Real Estate Sales Up 6.1 Percent In March -

Shelby County recorded 208 commercial real estate sales in the first quarter, according to real estate information company Chandler Reports, www.chandlerreports.com.

64. Collierville Explores New School Options -

The Collierville Schools system is about to start the process of finding a site for a new high school and determining how much it would cost.

The Collierville school board voted unanimously Tuesday, April 8, to have the school system’s staff begin developing a request for the qualifications of an architect and planners to come up with plans for the school and select a site.

65. 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.

66. Trustee’s Texts Reaching Tardy Taxpayers -

Shelby County Trustee David Lenoir has found a new way to reach out and touch someone – specifically, tardy taxpayers.

67. Millington Dollar General Sells for $3.2 Million -

The 9,301-square-foot Dollar General store at 8021 Austin Peay Highway in Millington has sold for $3.2 million.

Cash Properties LLC bought the retail property in a March 25 warranty deed from Ware Properties LLC, the Coldwater, Miss.-based company that developed this property and also has developed numerous Dollar General stores in the area.

68. New Retail Center Proposed for Downtown Memphis -

A new mixed-use retail center could be headed to the area south of FedExForum Downtown after the developer received approval Wednesday, March 26 for two drive-thru windows and several other code variances.

69. Owner Files Loan On Germantown Land -

The owner of a 1.2-acre parcel at the corner of Germantown and Farmington roads in Germantown has filed a $1.8 million loan on the land.

The entity, called Lot 3 Saddlecreek PUD Partners, filed the deed of trust, security agreement and assignment of rents and leases March 20 through Financial Federal Bank.

70. Events -

Conduit Global will hold a recruiting fair for its Memphis call center Tuesday, March 18, from 10 a.m. to 4 p.m. at Memphis Cook Convention Center, 255 N. Main St. Visit conduitglobal.com for job descriptions and qualifications.

71. 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.

72. Events -

SHRM-Memphis will hold a legal seminar for human resources professionals Tuesday, March 18, from 8 a.m. to noon at the Fogelman Executive Center, 330 Innovation Drive. Attorneys from four firms will explore hot topics, trends and practical approaches to preventing and managing labor and employment law issues. Cost is $80 for members, $85 for nonmembers and $35 for students. Visit shrm-memphis.org.

73. Events -

The Daily News will hold a free breakfast seminar on monitoring, protecting and growing your business with The Daily News Online March 19, 9 a.m.-10 a.m. at the Germantown Conf. Center, 1900 S. Germantown Pkwy. Attendees receive a free five-day trial of Daily News Online services. RSVP at seminars.memphisdailynews.com.

74. Shelby County CRE Sales Up 14 Percent in February -

Shelby County recorded 49 commercial real estate sales in February, according to real estate information company Chandler Reports, www.chandlerreports.com.

75. Galvanizing Company Files Permit for Facility -

3328 Fite Road
Millington, TN 38053
Permit Cost: $1.9 million

Project Cost: N/A
Permit Date: Applied March 2014
Completion: N/A
Owner: 3328 Fite LLC
Tenant: 3328 Fite LLC
Architect: N/A
Contractor: N/A
Details: An affiliate of Columbus, Ohio-based “hot dip galvanizing” company Voigt & Schweitzer LLC plans to construct a 63,120-square-foot facility near Millington.

76. Real Estate Road Show Set for March 18 -

Shelby County Trustee David Lenoir has announced the next Shelby County Real Estate Road Show to promote Shelby County’s tax sale and Land Bank will be March 18.

77. Galvanizing Company Files Permit for Facility -

An affiliate of Columbus, Ohio-based “hot dip galvanizing” company Voigt & Schweitzer LLC plans to construct a 63,120-square-foot facility near Millington.

78. Real Estate Road Show Set for March 18 -

Shelby County Trustee David Lenoir has announced the next Shelby County Real Estate Road Show to promote Shelby County’s tax sale and Land Bank will be March 18.

79. City Sprouts -

The vacant homes and lots on Jennette Place near Walker Avenue and Mississippi Boulevard in South Memphis began germinating like an urban form of kudzu. They appeared like an invasive species in this proud neighborhood, spreading quickly, choking the life from viable properties and growing into a scourge that at one point seemed impossible to eradicate.

80. Polo Shops Sells for $3.1 Million After Foreclosure -

7444 Winchester Road7464 Winchester Road
Memphis, TN 38125
Sale Amount: $3.1 million

81. Owners File $1.6 Million Loan on Circle K Store -

The three limited liability companies that own the Circle K convenience store at 4789 E. Shelby Drive in Southeast Shelby County have filed a $1.6 million loan on the property.

82. Improving Disparities -

Working to better understand, and thus bring down, Shelby County’s infant mortality rate would be a giant undertaking.

But that is but one of many challenges that lie ahead of a husband-and-wife team of doctors who nine months ago moved from Nashville to Memphis to set up the Research Center on Health Disparities, Equity and the Exposome.

83. Orpheum Files Permit For Performing Arts Center -

225 S. Main St.
Memphis, TN 38103

Permit Cost: $10.2 million

Project Cost: $14.5 million

84. $2 Million Building Permit Filed for Indoor Sports Facility -

237 Woodland Lake Drive
Cordova, TN 38018
Permit Cost: $2 million

Permit Date: Applied February 2014
Owner: Wes Misenhelter
Tenant: Wes Misenhelter
Contractor: n/a
Details: Developer Wes Misenhelter has filed a $2 million building permit application for the indoor sports facility he is building on 237 Woodland Lake Drive in Cordova.

85. Harrison Creek Apts. Sell for $4.4 Million -

The 382-unit Villages at Harrison Creek apartment complex on Jackson Avenue in Raleigh has been purchased by an Illinois-based entity named AMG Memphis LLC for $4.4 million.

86. Varangon Property Sells for $2.5 Million -

Omni Visions Inc., a Nashville-based agency that provides support and placement services to children and teens as well as adults with special needs, has bought the Varangon Academy property at 3030 E. Brunswick Road in Bartlett for $2.5 million.

87. PILOT Reform -

Nike is in the midst of a $301 million expansion of its Northridge plant in Frayser, a project that means the Beaverton, Ore.-based company will create 250 new jobs and retain 1,600 existing local jobs.

88. Harrison Creek Apartments Sell for $4.4 Million -

The 382-unit Villages at Harrison Creek apartment complex on Jackson Avenue in Raleigh has been purchased by an Illinois-based entity named AMG Memphis LLC for $4.4 million.

89. City Council Reviews Raleigh Springs Mall Plan -

Memphis City Council members get their first public detailed look Tuesday, Feb. 4, of an “urban renewal” plan for the Raleigh Springs Mall.

The council meets at 3:30 p.m. at City Hall, 125 N. Main St. Follow the meeting @tdnpols, www.twitter.com/tdnpols.

90. Commission Approves Ballpark Deal -

The deal for the city of Memphis to buy AutoZone Park and the St. Louis Cardinals to buy the Memphis Redbirds franchise is on its way to a mid-February closing.

Shelby County Commission approval of the county’s part of the deal Monday, Jan. 27, came with a lot of reluctance and some of the same complaints Memphis City Council members had last month – primarily that they were being rushed.

91. Commission Approves Other Part of Ballpark Deal -

Shelby County Commissioners reluctantly approved county government’s part of the AutoZone Park deal Monday, Jan. 27, despite delaying a vote on it at committee sessions last week.

The item was added onto the commission’s agenda by chairman James Harvey who said he could because it was “time sensitive.”

92. County Commission Weighs Fairgrounds Opposition -

The relationship between city and county governments long has included overlapping interests with sometimes opposing positions on those interests.

Throw in years-old agreements involving real estate, and you have a recipe for uncertainty about how to resolve the differences to meet new arrangements.

93. Industrial Park Expansions Gaining Momentum -

Economic development officials should know the final scope of a planned expansion of Presidents Island within the next 30 days while the proposed growth of nearby Frank C. Pidgeon Industrial Park is moving forward.

94. Industrial Park Expansions Are Gaining Momentum -

Economic development officials should know the final scope of a planned expansion of Presidents Island within the next 30 days while the proposed growth of nearby Frank C. Pidgeon Industrial Park is moving forward.

95. 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.

96. Fairgrounds TDZ Should be Rejected -

The proposed Fairgrounds Tourism Development Zone (TDZ) needs to be rejected. While most of the recent debate has been confined to the impact on education funding, there are several more serious issues with the TDZ.

97. Council Gets Overview of Public Safety Spending -

Memphis City Council members got a first and at times conflicting look Tuesday, Jan. 21, at the hard decisions they could make about city spending on public safety.

Memphis Mayor A C Wharton Jr. walked the council through some ideas for cuts in city spending beyond larger changes in city retirement and health benefits. Those obligations are the “cornerstone” of the efforts to get the city’s financial house in order, said city Chief Administrative Officer George Little.

98. 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.

99. Cordova Land Sells for $1.3 Million -

About 40 acres of vacant land near Interstate 40 and Germantown Parkway in Cordova has changed hands for $1.3 million.

An entity called Investment Properties LLC bought part of three parcels from TomBo Properties Inc. in a Dec. 30 warranty deed

100. 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.