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Editorial Results (free)

1. Southwind Village Office Owner Files $3.3 Million Loan -

The owner of the two parcels that compose the Southwind Village office complex in Southeast Memphis has filed a $3.3 million loan on the property.

The parcels are 3101 Players Club Parkway and 3195 Players Club Parkway, which sit at the southeast corner of Players Club Parkway and Hacks Cross Road.

2. Southwind Annexation Ruling Hinges on Timing -

The city of Memphis can collect property tax revenues from two parts of Southwind whose annexation was stopped in 2013 just days before the areas were to become part of the city.

That is the effect of a ruling Wednesday, July 2, from the Tennessee Appeals Court reversing the

3. State Appeals Court Greenlights Southwind Annexation -

The Tennessee Appeals Court ruled Wednesday, July 2, that the city of Memphis can move ahead with plans to annex Southwind because a recently enacted moratorium on annexation by the state legislature does not apply to the earlier annexation decision.

4. Ben Crane Wins St. Jude Classic for 5th PGA Title -

MEMPHIS (AP) – With four PGA Tour titles on his resume, Ben Crane knew what it would take to win again.

5. AAU Boys' Basketball Championship Coming to Memphis -

The Youth of Memphis Competitors Association will host the AAU Boys’ Basketball National Championships for 2nd Grade and 7th Grade Division I and 7th Grade Division II in Memphis June 29 through July 6.

6. Finals Presents Intriguing Question About Coaching -

So if the Miami Heat win a third straight NBA championship, it’s all about LeBron James and a cast of future Hall-of-Famers that includes Dwyane Wade, Ray Allen and, in a lot of people’s view, Chris Bosh.

7. AAU Boys' Basketball Championship Coming to Memphis -

The Youth of Memphis Competitors Association will host the AAU Boys’ Basketball National Championships for 2nd Grade and 7th Grade Division I and 7th Grade Division II in Memphis June 29 through July 6.

8. Golf Tourney Welcoming Deep Field -

A year ago, former University Georgia standout Harris English tamed TPC Southwind for his first career victory on the PGA Tour, holding off Phil Mickelson and three others in the final round.

“I have a lot of good thoughts for this place,” English said Wednesday, on the eve of the 57th FedEx St. Jude Classic that tees off the morning of Thursday, June 5.

9. Teeing Off -

Everyone was in a good mood. Not just normally affable Grizzlies players Mike Conley and Mike Miller, but former Grizzlies coach Lionel Hollins and Pro Football Hall-of-Famer Jim Brown, a couple of hard-nosed throwback types.

10. Events -

The FedEx St. Jude Classic golf tournament will be held Monday, June 2, through Sunday, June 8, at TPC Southwind, 3325 Club at Southwind. Visit stjudeclassic.com for a schedule.

11. Cannon Works for Golf Tournament's Success -

The putter and a few white golf balls sit next to a wall in Phil Cannon’s office at TPC Southwind. It seems logical, the long-time director of the FedEx St. Jude Classic having golf equipment within easy reach.

12. Kyocera Inks ProLogis Park Lease Renewal -

ProLogis has landed a major renewal at one of its industrial parks.

Kyocera Document Solutions America Inc., which manufactures and markets network-ready digital copiers and printers, laser printers, color copiers and printers, digital laser facsimiles and multifunctional, wide-format imaging products, has renewed its lease for 300,000 square feet at 5510 Getwell Road in Memphis.

13. No Annexation Declaration Directs New Path -

In seven words last week, Memphis Mayor A C Wharton Jr. got the attention of hundreds of planners who gathered in the city for the “Memphis Boot Camp,” a summit of sorts toward the idea of changing the city’s philosophy and approach to community development and economic development.

14. May Primary Ballot Almost Complete -

The ballot for the May Shelby County primary elections isn’t quite set, although the Shelby County Election Commission has certified 81 candidates.

Still awaiting a decision at a special meeting Wednesday, March 5, are three would-be candidates whose residency is being formally challenged.

15. SCS Attendance Zone Proposal Affects 7,000 Students -

Shelby County Schools board members got their first detailed look Wednesday, Feb. 19, at a set of more than two dozen changes in student attendance zones in the 2014-2015 school year that could affect nearly 7,000 students in the school system.

16. Taking on Tennis Recruiting Woes -

Rafael Nadal isn’t walking through that door. But Kei Nishikori is.

Novak Djokovic, Andy Murray and Roger Federer aren’t walking through that door, but Vasek Pospisil, Feliciano Lopez and Lleyton Hewitt are.

17. FedExForum Area Targeted for Apartments -

Nashville-based Elmington Capital Partners apparently likes the apartment market in Downtown Memphis.

An Elmington-affiliated company plans on building a 64-unit apartment complex at 362 S. Second St., south of FedExForum.

18. 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.

19. Banner Year for East Memphis Office Space -

The Memphis office real estate market began showing signs of life in 2013, with the market for Class A office space in the East Memphis submarket fueling the resurgence.

While the city’s overall office market numbers may not appear very strong, the city’s most desired office submarket – East Memphis around Poplar Avenue and Interstate 240 – began showing strong signs of improvement in the second half of the year.

20. Commercial Real Estate Market Reawakens -

After suffering through a prolonged slump, the Memphis commercial real estate market this year began to shake off the rust that gathered during the “Great Recession,” and brighter days could be ahead for the prime markets in the apartment, retail, office and industrial sectors, according to local experts.

21. W.H. Porter Consultants Treats Engineering Like Art -

You might not recognize it as such, yet every day in Shelby County thousands of people pass by, or over, the work of W.H. Porter Consultants PLLC.

22. Office Team Helps Colliers Expand Local Footprint -

As a part of the Colliers International office in Memphis’ growth strategy, the brokerage office has been expanding its presence in the office sector over the past year by adding a new office team consisting of Frazier Baker and Will Barden.

23. National Bankers Trust Receives Tax Break for Relocation -

National Bankers Trust Corp. received approval Wednesday for a four-year tax break to create 43 new jobs and invest $6 million in a new corporate headquarters in East Memphis.

24. National Bankers Trust Receives Tax Break for Relocation -

National Bankers Trust Corp. received approval Wednesday for a four-year tax break to create 43 new jobs and invest $6 million in a new corporate headquarters in East Memphis.

25. National Bankers Trust Seeks to Move Headquarters -

National Bankers Trust Corp. is seeking a four-year tax break to create 43 new jobs and invest $6 million in a new corporate headquarters in East Memphis.

26. Webb Builds on Reputation of Integrity, Efficiency -

Long before the county and city would cleave their school systems, Shelby County Schools saw unprecedented growth as more and more residents filled the neighborhoods that seemed to appear overnight like springtime daffodils.

27. Trash Talk Headlines Council Meeting -

Memphis City Council members talk trash – specifically, the proposed changes to decades of established policies for garbage collection in the city – during their Tuesday, Sept. 3, executive session.

28. City Sanitation Changes Start With Fragile Pact -

Changes in city sanitation services would move toward a plan that could change decades of a system in which anything Memphians put by the curb gets picked up for a monthly solid waste fee, no matter how much is on the curb.

29. Fire, Ambulance Utility District Idea Stalls -

The idea of a utility district for fire and ambulance services in unincorporated Shelby County and several of the suburban towns and cities was voted down Monday, Aug. 19, by the Shelby County Commission.

30. Plan Changes City’s Garbage Collection -

City Public Works officials and the municipal union representing sanitation workers have reached an agreement on a plan to increase the workload for sanitation workers, move toward broader and easier recycling measures, and use some of the savings from the plan to fund a retirement supplement for older workers.

31. Learning Curve -

When the first day of the first school year of the unified county school system opened Monday, Aug. 5, a group of school board members, staff and interim superintendent Dorsey Hopson stopped at Millington Middle School.

32. Historic School Year Opening Has Familiar Look -

Germantown High School principal Ted Horrell warned a busload of school board members, staff and interim superintendent Dorsey Hopson that they were about to see some confusion on his campus.

On the opening day of the first school year for the unified school system Monday, Aug. 5, Horrell stopped the group just outside the school’s cafeteria, which was in its third of four lunch periods of the school day.

33. School Opening Goes Smoothly With A Few Bumps -

Missed buses and late buses as well as late registration were an expected part of opening day of the consolidated school district.

And the problems arrived just as expected Monday, Aug. 5, but not in large enough numbers to cause any major disruptions on the opening day.

34. ‘Good News’ for Housing in Second Quarter -

Shelby County’s housing rebound continued in the second quarter, with key indicators showing improvement over the same period last year.

Shelby County netted 4,226 home sales in the second quarter, an 11 percent bump from 3,821 in the second quarter of 2012, according to real estate information company Chandler Reports, www.chandlerreports.com.

35. Kroger-Anchored Center Sells for $14.6 Million -

4270 Summer Ave. Memphis, TN 38122

Sale Amount: $14.6 million

Sale Date: June 18, 2013

36. Pedcor Files Loan on Southwind Lakes Apartments -

An affiliate of Carmel, Ind.-based Pedcor Investments has filed a $4.7 million loan on the second phase of Southwind Lakes Apartments at 8000 E. Shelby Drive in Southwind.

37. Higher Standards -

For area teachers, the move to the school year ahead began around spring break.

And for many teachers in both of the county’s public school systems, the merger wasn’t the central source of their anxiety. It was the coming of the state’s Common Core standards.

38. Three High Schools Host Common Core Training -

Three Shelby County high schools – Ridgeway, Southwind and Bartlett – will host the local part of the largest teacher training event in Tennessee history.

The schools and 14 others across the state will host sessions for 30,000 educators in the Common Core State Standards.

39. Three High Schools Host Common Core Training -

Three Shelby County high schools – Ridgeway, Southwind and Bartlett – will host the local part of the largest teacher training event in Tennessee history.

The schools and 14 others across the state will host sessions for 30,000 educators in the Common Core State Standards.

40. Events -

The Daily News will present Literatini, benefiting Literacy Mid-South, Thursday, June 13, from 6 p.m. to 9 p.m. at The Booksellers at Laurelwood, 387 Perkins Road Extended. The event will include martinis and food, an auction, live music and a wine pull. Tickets are $50 per person or $75 per couple. Visit literacymidsouth.org.

41. Events -

YMCA of Memphis and the Mid-South will hold a lunch and learn for those interested in the YMCA Corporate Games Friday, June 7, from 11:30 a.m. to 1 p.m. at its corporate office, 6373 Quail Hollow Road, suite 201. The games will be held Sept. 16-22. R.S.V.P. to Shauna Bateman at sbateman@ymcamemphis.org or 766-7677.

42. ‘Lefty’ Highlights 2013 Golf Tournament Field -

The biggest name at this weekend’s FedEx St. Jude Classic signed autographs as he came off the ninth green at TPC Southwind after his pro-am round and then stopped to chat with reporters.

Phil Mickelson – the man more commonly known as, simply, “Lefty” – was wearing his trademark black cap and shirt, looking tan and fit, and sounding eager for his scheduled 7:27 a.m. starting time Thursday, June 6, on the 10th tee.

43. Events -

Memphis Light, Gas & Water Division will hold a board meeting Thursday, June 6, at 1:30 p.m. in the MLGW board room, 220 S. Main St. Visit mlgw.com.

44. Round Of A Lifetime -

WHAT THESE GUYS DO ISN’T PROFESSIONAL. IT’S IMPOSSIBLE. I told this story last year and, like describing an exceptional shot much less a whole round of golf, it’s worth telling again. After all, this was a round of a whole lifetime, and lifetimes last a whole lot longer because of it.

45. Thomas & Betts CEO Sees Growth Post-Acquisition -

Dominic Pileggi, the retired CEO of Thomas & Betts Corp., remembers being concerned more than a year ago when the Memphis-based maker of low voltage electrical and utility hardware was in talks with ABB Group of Zurich to buy Thomas & Betts.

46. Thomas & Betts - ABB Donate $1 Million -

Thomas & Betts Corporation executives marked one year since the acquisition of the Memphis-based power and electric utility devices company by ABB Group of Zurich Thursday, May 9, with three contributions from both totaling $1 million to St. Children’s Research Hospital, Le Bonheur Children’s Hospital and the Memphis Development Foundation.

47. Boyle Celebrates 80 Years, Sponsors Art Exhibit -

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

48. Fink Joins Diamond Cos. as Senior Vice President -

Justin Fink has joined Diamond Cos., an International truck dealership holding company, as senior vice president, truck sales. In the new role, Fink oversees new and used truck sales, and helps develop programs and processes to grow customer relationships, sales and profits.

49. Lower Property Values Sink Revenues -

The first formal notices of 2013 Shelby County property values in the once-every-four-years reappraisal for taxation purposes were mailed Monday, March 4, to owners of commercial and industrial cost properties as well as homeowners in Hickory Hill, Whitehaven and parts of Southwest Memphis.

50. Madewell Coming to Saddle Creek -

The Shops of Saddle Creek in Germantown will soon gain another national retailer with no other presence in Tennessee.

Madewell, a subsidiary of J. Crew Group Inc., has signed a 3,061-square-foot lease in The Shops of Saddle Creek North, 7509 Poplar Ave., in part of the space that was previously The Gap in between James Avery Jewelry and Brighton Collectables.

51. BenchMark to Relocate, Restructure -

BenchMark at Southwind Realtors LLC will soon relocate its Southeast Memphis office, add agents, integrate technology into its business practices and go paperless in one fell swoop.

52. Schools Security Plan Emphasizes Consistency -

While many of the most controversial issues of the coming merger of Memphis City Schools and Shelby County Schools are still to be decided, the issue of how to handle school security appears to be settled.

53. MAAR Members Honored at End-of-Year Luncheon -

The Memphis Area Association of Realtors named the recipients of its 2012 awards at its year-end luncheon Dec. 19 at the Hilton Memphis.

Leon Dickson Sr. of BenchMark at Southwind LLC was named 2012 Realtor of the Year.

54. CBRE Memphis Sells $8.7 Million in Apartment Properties -

Tommy Bronson III and Blake Pera with CB Richard Ellis Memphis’ Multifamily Division have sold six apartment communities totaling 693 units and $8.7 million in the past two weeks.

55. MAAR Members Honored at End-of-Year Luncheon -

The Memphis Area Association of Realtors named the recipients of its 2012 awards at its year-end luncheon Dec. 19 at the Hilton Memphis.

Leon Dickson Sr. of BenchMark at Southwind LLC was named 2012 Realtor of the Year.

56. Southwind Homewood Suites Sells for $6.5 Million -

3583 Hacks Cross Road Memphis, TN 38125

Sale Amount: $6.5 million

Sale Date: Nov. 2, 2012

57. Southwind Homewood Suites Sells for $6.5 Million -

The Homewood Suites by Hilton Southwind at 3583 Hacks Cross Road sold for $6.5 million in a successor trustee’s deed following a foreclosure.

58. CBRE Memphis Sells $8.7 Million in Apartment Properties -

Tommy Bronson III and Blake Pera with CB Richard Ellis Memphis’ Multifamily Division have sold six apartment communities totaling 693 units and $8.7 million in the past two weeks.

59. Delta Blues Winery LLC Buys 15 Acres in Lakeland -

6495 Stewart Road Lakeland, TN 38002
Sale Amount: $165,000

Sale Date: Dec. 10, 2012

60. Southwind Hampton Inn Sells for $5.6 Million -

The Hampton Inn Memphis-Southwind hotel at 3579 Hacks Cross Road sold for $5.6 million in a successor trustee’s deed following a foreclosure.

61. Uniquely Creative -

The freshly painted walls at Paradigm Marketing & Creative include the definition of creativity spelled out to serve as a constant reminder of the 20-year old firm’s mantra.

“The ability to transcend traditional ideas and to create meaningful new ideas,” the wall leading into the newly refurbished kitchen area reads.

62. Fred's to Open Two Super Dollar Locations -

Fred’s Super Dollar will celebrate 65 years of serving the Memphis area with the grand opening of two new stores at 8:45 a.m. Friday, Oct. 19.

Special offers and activities will be at both locations, one at 7965 E. Shelby Drive and another at 6500 Quince Road.

63. Southwind Homewood Suites Facing Foreclosure -

Homewood Suites by Hilton Southwind-Hacks Cross is facing foreclosure after its ownership group defaulted on a $10 million loan from Lehman Brothers Bank, according to a first-run foreclosure notice in Thursday’s Daily News.

64. Snyder’s-Lance Signs Deal In Southaven -

A well-known snack food company has boosted its distribution presence in the Memphis area.

Snyder’s-Lance Inc. signed a 26,757-square-foot lease at Airways Distribution Center Building F, 8425 Airways Blvd., in Southaven.

65. Why Memphis Rocks -

Last week we kicked off this series of reader-response columns by asking, “Why do you think Memphis Rocks?” So far, we have received some heartwarming stories, catchy slogans, and fascinating perspectives that all capture the essence of what makes our community so great. Let us go ahead and start sharing your responses while I encourage you, our readers, to keep the feedback coming, so we can share even more next week.

66. Hampton Inn Southwind in Foreclosure -

The Hampton Inn Memphis-Southwind hotel, 3579 Hacks Cross Road, is in foreclosure after its Memphis-based ownership group defaulted on an $11.5 million loan.

67. Paradigm Marketing Opens Dallas Location -

Memphis-based firm Paradigm Marketing & Creative has opened a satellite office in Dallas in an effort to expand its business and gain clients in a growing market area.

The majority of Paradigm’s clients come from the areas of real estate and development, hospitality, medical, biosciences and other service-related industries.

68. Staying on Course -

A few days ago, trade publication “The Bond Buyer” reported that Phoenix, Ariz., is facing a $14.8 million deficit to operate its six golf courses and is mulling whether to sell or shutter them.

The city is reportedly considering those possibilities in light of factors that include a glut of courses, growing competition for golfers’ attention and a decline in the sport’s popularity. Blane Merritt, general manager of the TPC Southwind private golf club in Memphis’ Southwind community, can empathize with what Phoenix is wrestling with.

69. Senior Sector -

The 76 million Americans born between 1946 and 1964 were said to have remodeled society as they moved through it.

It was the baby boomer generation that drove the cultural shift to consumerism with SUVs and mini-vans. That demographic just turned 65 and real estate developers have taken notice.

70. Survey Unites Separate Forum Attendees -

Countywide school board forums on the merger plan continue through the weekend with two public meetings at the same time Saturday, Aug. 18, at 10 a.m. at Mitchell and Frayser high schools.

By the end of the forum at Southwind High School Monday, Aug. 20, starting at 6:30 p.m., there will have been six of the meetings.

71. Events -

Tennessee PTA will conduct summer leadership training as part of its 2012 Tour de Tennessee Monday, July 23, from 8:30 a.m. to 2:30 p.m. at Southwind High School, 7900 E. Shelby Drive. Anyone interested in increasing parental involvement in school is invited. Cost is $5. Visit tnpta.org.

72. Events -

The Orpheum Theatre will present “The Princess Bride” as part of its summer classic movie series Friday, July 20, at 7:15 p.m. at the theater, 203 S. Main St. Visit orpheum-memphis.com or call 525-3000 for tickets.

73. National Capital Management Expands -

National Capital Management LLC has expanded by 3,900 square feet on the third floor at Southwind Office Center A, bringing the company’s total lease to 12,253 square feet.

74. G&I Sells 2 Multifamily Sites For Combined $55.8 Million -

160 Madison Farms Drive
Collierville, TN 38017

Sale Amount: $32 million

Sale Date: June 20, 2012

75. Madison at Schilling Farms Sells for $32 Million -

Arenda Capital Management, a Los Angeles-based private real estate investment firm, has bought the 324-unit Madison at Schilling Farms apartment complex in Collierville for $32 million.

Arenda, working under the name Madison 324 LLC, closed on the purchase from G&I IV Madison LP on Wednesday, June 20. G&I is a joint venture between New York-based investment advisor DRA Advisors LLC and Memphis’ Fogelman Properties.

76. Fla. Company Buys Cordova Retail Center -

Coral Springs, Fla.-based Swiss Capital Group LLC has acquired The Shops of Woodland Hills in Cordova for $3.1 million.

77. DRA Advisors Closes on Two Shelby Drive Warehouses -

New York-based DRA Advisors LLC has closed on two Memphis warehouse properties for $12.3 million, as part of a larger portfolio purchase from Houston-based Weingarten Realty Investors.

78. Events -

Memphis Italian Festival will continue through Sunday, June 2, at Marquette Park at the corner of Mt. Moriah Road and Park Avenue. Visit memphisitalianfestival.com for hours and ticket prices.

79. Everything’s Possible, Even a 58 -

WHAT THESE GUYS DO ISN’T PROFESSIONAL. IT’S IMPOSSIBLE. The other day, I played in a golf scramble – a format where four players hit every shot, pick the best, and turn in one score at the end. And we had two mulligans each (do-overs) and a toss (a throw yourself out of trouble when you’ve just hit a shot so nauseating you want to toss). We played well, making putts and clutch shots, using our mulligans and tosses wisely, and turning in a score two or three strokes better than we thought ourselves capable of – 62, 10 under par.

80. Former AIMS Execs Launch Freight Payment Company -

A trio of former AIMS Logistics executives has formed a new freight payment service in Memphis.

A3 Freight Payment recently opened its headquarters in Southwind.

Three of the top four executives were with AIMS, a Collierville freight payment company that was bought by U.S. Bank-PowerTrack, a competitor.

81. Poag, N.Y. Investor Buy The Avenue -

The Avenue Collierville – the largest lifestyle center in the Memphis metropolitan area at Houston Levee Road and Bill Morris Parkway – has been bought by an affiliate of Memphis-based Poag Lifestyle Centers.

82. Poag, N.Y. Investor Buy The Avenue -

The Avenue Collierville – the largest lifestyle center in the Memphis metropolitan area at Houston Levee Road and Bill Morris Parkway – has been bought by an affiliate of Memphis-based Poag Lifestyle Centers.

83. Office Opportunities -

Memphis’ office real estate landscape is changing, and for three firms, those changes are creating opportunities.

Orlando, Fla.-based Parkway Properties Inc. in March completed the sale of its interest in Renaissance Center – a 190,000-square-foot office building at 1715 Aaron Brenner Drive in the Poplar Avenue corridor – to partner Parkway Properties Office Fund LP.

84. Highland Meadows Sells for $5.5 Million -

5045 Airways Blvd.
Memphis, TN 38116

Sale Amount: $5.5 million

Sale Date: April 25, 2012

85. Raleigh Assembly of God Finances Two Campuses -

Raleigh Assembly of God Inc. has filed a $2.2 million loan through Assemblies of God Loan Fund secured by the church’s two campuses – in Raleigh and Southwind – and two vacant parcels. The loan matures in 2032.

86. Weingarten Realty to Sell Two Industrial Properties -

Weingarten Realty Investors, a Houston-based owner, manager and developer of shopping centers, is preparing to sell its wholly-owned industrial portfolio – which includes two properties in Memphis – to New York-based DRA Advisors LLC for $382.4 million.

87. Monroe Ave. Bldg. Sells For $3.3M -

A fully leased Downtown office building has traded hands for more than twice its assessed value.

309 Monroe Property LLC purchased the 22,792-square-foot property at 309 Monroe Ave. for $3.3 million. The Shelby County Assessor of Property’s 2011 appraisal was $1.5 million.

88. Hayes Survives, Thrives Even in Housing Slump -

As a child, Michelle Hayes dreamed of owning her own hotel. Instead of going toe to toe with Hilton and Marriott, however, the Whitehaven native and LeMoyne-Owen College graduate instead entered into the world of real estate in 1998.

89. F Jarnell Stokes Cleared to Play at Tennessee -

KNOXVILLE (AP) – The NCAA and Southeastern Conference have cleared forward Jarnell Stokes to play at Tennessee.

The 6-foot-8, 250-pound Stokes was ranked as one of the top prospects from Tennessee for the 2012 incoming class. He graduated in December from Memphis' Southwind High School and selected Tennessee over Arkansas, Florida, Kentucky and Memphis.

90. Lofty Heights -

The Mid-South apartment market is riding high after a strong 2011.

Last year saw increasing occupancies and rents, as well as a shift from investors and lenders back to more stable properties, all of which followed a 2010 that was dominated by activity involving distressed product.

91. Events -

The Lipscomb Pitts Breakfast Club will hold a female business leader lunch Thursday, Dec. 8, from noon to 1:30 p.m. at Napa Café, 5101 Sanderlin Ave., suite 122. The female-focused lunch brings various business leaders and up-and-coming leaders together to discuss challenges and opportunities, as well as serve as a brain trust to cultivate programs focused on women in business. To R.S.V.P., email Jeremy Park at jeremyp@lpinsurance.com.

92. Home Sales Up 2 Percent For October -

October home sales in Shelby County inched 2 percent higher compared to the same month a year ago, marking the fourth consecutive month with year-over-year improvement.

Shelby County registered 1,073 home sales last month, compared to 1,011 in October 2010, according to real estate information company Chandler Reports, www.chandlerreports.com.

93. Preserve at Southwind Apts. Sell for $22.2 Million -

7991 Capilano Drive
Memphis, TN 38125
Sale Amount: $22.2 million

Sale Date: Oct. 12, 2011

94. Preserve at Southwind Sells for $22.2 Million -

The Preserve at Southwind apartment complex has sold for $22.2 million. G&I VII Preserve at Southwind LLC, an affiliate of New York-based DRA Advisors LLC, bought the 306-unit complex from 7991 Capilano Drive Holdings LLC. The purchase was financed with a $15.4 million loan through CW Capital LLC.

95. Crye-Leike Inks Car Dealership, Industrial Deals -

Bill Caller with Crye-Leike Commercial has brokered a pair of sales in recent weeks that enable the new users to occupy second-generation space.

Nihal Khwaja with Best Deal Motors purchased the 2-acre former car lot at 5648 Summer Ave. for $150,000.

96. Housing Market Inches Upward in Q3 -

Local home sales saw an uptick during the third quarter, and local professionals say it’s due to the sluggish market conditions yielding incentives for buyers.

Shelby County registered 3,568 home sales in the third quarter (July 1 to Sept. 30), a 7 percent increase from Q3 2010, which totaled 3,332, according to real estate information company Chandler Reports, www.chandlerreports.com.

97. Waterford Place Apartments Sells in Foreclosure for $18.2M -

Waterford Place Apartments at 8037 Waterford Circle in Southeast Shelby County’s 38125 ZIP code has sold for $18.2 million in a substitute trustee’s sale following a foreclosure. The complex sold May 11 but wasn’t recorded by the Shelby County Register of Deeds until this week.

98. MAAR: June Home Sales Improve 4.5 Pct. -

The housing market may be inching its way to recovery, as the Memphis Area Association of Realtors has reported a 4.5 percent increase in June home sales.

The Memphis area recorded 1,612 home sales last month, up from 1,542 in June 2010, according to the association’s MAARdata property records database. The MAARdata system includes records of all property transactions in Shelby, Fayette and Tipton counties.

99. Burke Recognized As Outstanding Faculty Advisor -

Tracie L. Burke, director of the Honors Program and Chair/Professor of Behavioral Sciences at Christian Brothers University has been named Tennessee’s Outstanding Faculty Advisor by the National Academic Advising Association.

100. $3 Million in Permits Filed For Hacks Cross Buildings -

3152 Hacks Cross Road and
3168 Hacks Cross Road

Permit Amounts: $1.4 million (3152 Hacks
Cross); $1.6 million (3168 Hacks Cross)