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Editorial Results (free)

1. Hilton Garden Inn Planned for Former Bus Station -

A Knoxville-based hospitality company has closed on the purchase of the vacant Greyhound facility Downtown and will transform the property into a Hilton Garden Inn.

Turkey Creek Hospitality completed the $1.7 million purchase of the 1.3-acre property Tuesday, March 18, and will bring a 140-room Hilton Garden Inn to the heart of Downtown Memphis. Hank Martin and Elliot Embry with NAI Saig Co. represented Greyhound Lines Inc. in the transaction.

2. Midtown Office Max Sells for $3.9 Million -

An affiliate of Atlanta-based real estate investment firm Core Property Capital has paid $3.9 million for the retail building at 1460 Union Ave. that houses Office Max and Cricket stores.

3. Loeb Files $2 Million Loan on Park Place -

The Loeb Properties affiliate that owns Park Place Centre at Park Avenue and Ridgeway Road has filed a $2 million loan on the property.

Park Place Memphis LLC filed the deed of trust and security agreement and fixture filing statement (second priority) Feb. 13 through Thrivent Financial for Lutherans. Loeb vice president Earl Williams signed the trust deed on behalf of the borrower.

4. Smucker Files $16 Million Permit for Plant Expansion -

4789 Cromwell Ave.
Memphis, TN 38118
Permit Cost: $16 million

Project Cost: $41 million
Permit Date: Applied January 2014
Completion: TBA
Owner: The J.M. Smucker Co.
Tenant: The J.M. Smucker Co.
Architect: N/A
Contractor: N/A
Details: The J.M. Smucker Co. has filed a $16 million permit with the city-county Office of Construction Code Enforcement as part of its planned plant expansion at 4789 Cromwell Ave. in Oakhaven.

5. Hard Rock Files Permit for New Beale Locale -

Hard Rock Cafe International (USA) has filed a $2.5 million permit with the city-county Office of Construction Code Enforcement for interior renovations at 126 Beale St.

6. Belz Launches Hotel Management Venture -

The night before Conduit Global announced this week it will hire 1,000 people to staff a large call center in Shelby County, representatives of the company stayed at The Peabody hotel.

Not only did they let it be known they were impressed by the South’s Grand Hotel, they said they’d love to stay at the Peabody again when they come back to Memphis. Other groups also use the hotel for similar purposes – the University of Memphis men’s basketball team, for example, might bring recruits there, as might St. Jude Children’s Research Hospital when they bring a doctor to town they want to woo to the city.

7. Belz Launches Brand Management Venture -

Belz Enterprises has established a new venture, Peabody Hotels & Resorts, that moves the company into asset and brand management within the luxury hotel space.

The transition has been in the works for a few years, and through it, the new venture will begin researching and evaluating properties that could become Peabody-branded hotels.

8. Belz Sells Shelby Oaks EnSafe Center for $910,000 -

5710-5730 Summer Trees Drive
Memphis, TN 38134
Sale Amount: $910,000

Sale Date: Jan. 10, 2014
Buyer: EnSafe Inc.
Seller: BICO Associates GP
Details: An affiliate of Belz Enterprises has sold the five-building Shelby Oaks EnSafe Center office complex on Summer Trees Drive in Northeast Memphis for $910,000.

9. Belz Sells Shelby Oaks Ensafe Center for $910K -

An affiliate of Belz Enterprises has sold the five-building Shelby Oaks EnSafe Center office complex on Summer Trees Drive in Northeast Memphis for $910,000.

BICO Associates GP sold the property’s four parcels in a Jan. 10 warranty deed to EnSafe Inc., a Memphis-based environmental remediation engineering firm whose headquarters is at the complex.

10. 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.

11. 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.

12. MRG Sees Flurry of Activity at Marion Center -

In 2008, Memphis-based Makowsky Ringel Greenberg LLC developed The Shops of Angelos Grove retail center in Marion, Ark.

13. Whitehaven Warehouse Sells for $2 Million -

The 150,000-square-foot warehouse at 2982 Datsun Drive in Whitehaven has been sold to an out-of-town investor for $2 million.

14. Belz CEO to Receive Honorary Degree -

At Yeshiva University’s 89th annual Hanukkah Convocation and Dinner Dec. 8 in New York City, university president Richard Joel will confer honorary degrees upon attendees who include Jack Belz, chairman and CEO of Belz Enterprises in Memphis.

15. Belz CEO to Receive Honorary Degree -

At Yeshiva University’s 89th annual Hanukkah Convocation and Dinner Dec. 8 in New York City, university president Richard Joel will confer honorary degrees upon attendees who include Jack Belz, chairman and CEO of Belz Enterprises in Memphis.

16. Winchester Law Firm Inks Lease at Triad Centre -

The Winchester Law Firm is moving to a new space within the Triad Centre II office building in East Memphis with a new buildout.

The law firm will occupy 5,523 square feet in the Highwoods Properties office building at 6060 Poplar Ave.

17. Basar Looks to 2014 County Commission Election -

It may be the first time that a Shelby County Commissioner has given public notice of a barbecue.

Commissioner Steve Basar has held four at his house in the year that he’s been on the elected body. And he told political supporters at a fundraiser last week that he has “sunshined” all of them, a shorthand term to describe the public notice required by Tennessee’s open meetings law – or Sunshine Law – for any deliberative gathering of two or more commissioners.

18. Nike Files $4.3 Million Permit for Frayser Facility -

3100 New Frayser Blvd.
Memphis, TN 38128
Permit Cost: $4.3 million

Project Cost: $301 million
Permit Date: Applied September 2013
Completion: TBA
Owner: Nike Inc.
Tenant: Nike Inc.
Architect: N/A
Contractor: Wynright Corp.
Details: Nike Inc. has filed a $4.3 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.

19. Nike Files $4.3 Million Permit for Frayser Facility -

Nike Inc. has filed a $4.3 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.

20. Woeppel Named CEO of UT Medical Group -

Charles “Chuck” Woeppel has been named chief executive officer of UT Medical Group Inc. Woeppel, who has served as the organization’s chief operating officer since 2012, will also continue in that role.

21. Advisory Board to Examine Community Health Needs -

Dr. David Stern, executive dean of the University of Tennessee Health Science Center College of Medicine, has launched a unique effort to address community health needs in Memphis.

“It’s my belief that a medical school has a very unique opportunity to interact with the community,” Stern said. “I consider our community to be a very important laboratory – it is an underserved, minority community that is in ill health. The biggest contribution we can make is to move the needle on overall community health and to develop new methods that we can apply to other communities like Memphis.”

22. Loeb Enjoying Strong Demand in East Memphis -

Pomp & Poise, a new gift store concept specializing in home and garden items, has signed a new lease at Park Place Center.

Pomp and Poise will occupy 1,400 square feet at the East Memphis retail center at the southwest corner of Park Avenue and Ridgeway Road.

23. May 31-June 6: This week in Memphis history -

2012: The Overton Bark dog park opens in Overton Park between Rainbow Lake and the park’s golf course. The 1.3-acre area whose construction was funded by Hollywood Feed is divided into two sections – one for smaller dogs and the other for large dogs.

24. Changing Current -

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

25. Cresthaven Medical Building Sells for $2.5 Million -

1068 Cresthaven Road Memphis, TN 38119

Sale Amount: $2.5 million

Sale Date: May 2, 2013

26. Nike Distribution Center Issued $4.4 Million Permit -

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

27. Oakhaven Warehouse Sells After Foreclosure -

4120 Air Trans Road, Memphis, TN 38118

Sale Amount: $2.5 million

Sale Date: May 7, 2013

28. Nike Files $3 Million Permit for Distribution Center -

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

29. Mitsubishi Back Story Moves to Manufacturing -

The back story of the new Mitsubishi Electric Power Products Inc. plant that formally opened in Southwest Memphis last week includes a sewer pipe, the Mojave Desert and artificial lightning.

30. Commercial Practitioners Have Voice With Council -

The Memphis Area Association of Realtors Commercial Council has grown and evolved over the past nine years since its inception, with membership increasing from 150 members in 2004 to more than 350 members this year.

31. Commercial Professionals Achieve Designations -

Eleven members of local professional organizations in commercial real estate reached elite status in 2012 in their respective fields, which include the Memphis metro area’s appraisers, commercial brokers and property managers.

32. Commercial Professionals Achieve Designations -

Eleven members of local professional organizations in commercial real estate reached elite status in 2012 in their respective fields, which include the Memphis metro area’s appraisers, commercial brokers and property managers.

33. State Systems Installs Green Ballast Lighting -

State Systems Inc., a privately owned total protection company based in Memphis, has installed Green Ballast Inc.’s light ballasts in its corporate headquarters and warehouse facility at 3755 Cherry Road.

34. State Systems Installs Green Ballast Lighting -

State Systems Inc., a privately-owned total protection company based in Memphis, has installed Green Ballast Inc.’s light ballasts in its corporate headquarters and warehouse facility at 3755 Cherry Road.

35. 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.

36. Nike Buys Frayser Land From Belz for Expansion -

200 acres in Frayser Sale Amount: $2.2 million

Sale Date: Jan. 24, 2013

Buyer: Nike TN Inc.

37. Nike Buys Frayser Land From Belz for Expansion -

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

38. Work Under Way on East Memphis Mellow Mushroom -

Mellow Mushroom has applied for a building permit for its second Memphis-area location at 5138 Park Ave.

39. Work Under Way On Memphis Mellow Mushroom -

Mellow Mushroom has applied for a building permit for its second Memphis-area location at 5138 Park Ave.

40. Bronson Sporting Goods Adopts Green Lighting -

Tommy Bronson Sporting Goods, a local sporting goods provider for 86 years, has installed Green Ballast Inc.’s patented daylight harvesting fluorescent light ballasts in its new East Memphis location at 964 June Road.

41. Bronson Sporting Goods Adopts Green Ballast Lighting -

Tommy Bronson Sporting Goods, a local sporting goods provider for 86 years, has installed Green Ballast Inc.’s patented daylight harvesting fluorescent light ballasts in its new East Memphis location at 964 June Road.

42. 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.

43. 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.

44. Green Ballast Installs Lighting for Tenant in Lenox -

Healthcare Trust of America Inc., a Scottsdale, Ariz.-based Real Estate Investment Trust, has completed a lighting retrofit equipped with Memphis-based Green Ballast Inc.’s patented daylight harvesting fluorescent light ballasts for a Fortune 500 pharmaceutical tenant in Lenox Office Park, a seven-building, 72-acre office park in the 385 office submarket.

45. Green Ballast Installs Lighting for Tenant in Lenox Park -

Healthcare Trust of America Inc., a Scottsdale, Ariz.-based Real Estate Investment Trust, has completed a lighting retrofit equipped with Memphis-based Green Ballast Inc.’s patented daylight harvesting fluorescent light ballasts for a Fortune 500 pharmaceutical tenant in Lenox Office Park, a seven-building, 72-acre office park in the 385 office submarket.

46. Green Ballast Installs Smart Lighting for Belz -

Commercial real estate developer Belz Enterprises is installing vapor tight fluorescent fixtures with Green Ballast Inc.’s light ballasts in a structured parking garage facility in Memphis.

47. Belz' Hanover Inducted Into Peabody Hall of Fame -

Jerry Hanover, senior vice president at Belz Enterprises, was inducted into The Peabody Memphis’ Duck Walk Hall of Fame Thursday, Sept. 6.

48. Commercial Council Elects deWitt, Reilly as Top Leaders -

The Memphis Area Association of Realtors Commercial Council announced its 2013 officers and directors Thursday, Aug. 9, at its annual Member Appreciation and Election Party.

Greg deWitt of Grubb & Ellis Memphis will serve as 2013 president. Patrick Reilly of CB Richard Ellis Memphis will serve as vice president.

49. Dot-Com Moves Distribution To Memphis -

Wilsonville, Ore.-based LinenTablecloth.com has entered the Memphis industrial market, leasing 82,500 square feet at 3046 Datsun Drive for its new distribution center.

50. Retail Transformation -

Two of Loeb Properties Inc.’s larger retail centers in East Memphis are in the midst of major transformations.

51. LM Architecture Making Name for Itself in Industry -

Tim McCullough and Douglas Leininger founded Leininger McCullough architecture in September 2009 during the peak of the recession.

52. Slice of the Pie -

Come mid-July, local restaurateur Aldo Dean will launch Aldo’s Pizza Pies, his group’s third concept in Memphis and second in Downtown’s Central Business District.

Dean is one of three partners behind the new 3,900-square-foot restaurant on the ground floor of Henry Turley Co.’s Barboro Flats at 100 S. Main St. Adam Slovis of Slovis & Associates LLC represented Dean and his group in its seven-year lease for Aldo’s Pizza Pies.

53. MEPPI Files $155M Permit App For Rivergate Plant, Office -

2865 Riverport Road
Memphis, TN 38109

Permit Cost: $155 million

Permit Date: Applied June 2012

54. MEPPI Files $155M App to Build Production Facility -

Mitsubishi Electric Power Products Inc. has filed a massive permit application for the manufacturing facility it is building on Rivergate Road in Memphis’ southwest industrial submarket.

55. Colliers Duo Has Stellar Start to ’12 -

Colliers International’s industrial team of Andy Cates and Preston Thomas has closed on 34 transactions (sales and leases) to date in 2012. Here’s a rundown of some of the team’s most recent industrial transactions:

56. Pickering Projects Show Activity on Upswing -

If an uptick in engineering services is an economic indicator of recovery and stability, Memphis is progressing fairly well.

That’s the message Bob Pitts, principal at Pickering Firm Inc., shared to the Appraisal Institute of Memphis Wednesday, May 16, at Chickasaw Country Club. Pickering employs 150 engineers, scientists, architects and surveyors across six offices from its Memphis headquarters to the Gulf Coast.

57. Conn.-Based XSE Group Inks Deal -

A Middletown, Conn.-based office supply printing company has entered the local industrial scene, taking advantage of Memphis’ centralized logistical capabilities.

XSE Group Inc. has leased 40,214 square feet in Building 14 of Airport Distribution Center, 4006 Airpark St., owned by San Francisco-based ProLogis Inc.

58. Homes Part of North Memphis Revitalization -

Usually Self + Tucker Architects do the design work and planning for someone else who is the developer.

But in an open lot on the north side of Chelsea Avenue at Leath Street, seven single- family homes to come in the next year will be the architecture firm’s first steps into developing.

59. Thorpe Products Inks New Deal On Democrat -

Thorpe Products Co. is relocating its Memphis branch location to a site with higher ceiling heights and better proximity to its clients.

60. CRE Outlook Remains Mixed -

A sophomore at the University of Memphis could open up an economics book and explain how the United States got to its current state through the laws of demand, diminishing returns and comparative advantage.

61. CRE Outlook Remains Mixed -

A sophomore at the University of Memphis could open up an economics book and explain how the United States got to its current state through the laws of demand, diminishing returns and comparative advantage.

62. Grinding it Out -

After most recessions, real estate bounces back.

But the Great Recession has been notably different – long, deep and very prolonged.

That’s the message Dr. John Gnuschke, director of the Sparks Bureau of Business and Economic Research and co-director of the Center for Real Estate at the University of Memphis, delivered in December at the Urban Land Institute’s Real Estate Outlook for the Mid-South.

63. Bluff City Coffee Inks New Space -

Bluff City Coffee, the coffee and snack shop in Downtown’s South Main Historic Arts District, has recently unveiled some aggressive expansion plans.

The local eatery has leased a 3,000-square-foot kitchen in the Pembroke Building, 119 S. Main St., in the space behind the Center for Southern Folklore.

64. $125M Permit Application Filed for Mitsubishi Plant -

Mitsubishi Electric Power Products Inc. is moving forward with its plans for a transformer manufacturing facility at Rivergate Industrial Port.

65. $125M Permit Application Filed for Mitsubishi Plant -

Mitsubishi Electric Power Products Inc. is moving forward with its plans for a transformer manufacturing facility at Rivergate Industrial Port.

66. Prolonged Recession -

In the words of Phil Woodard, an owner of multiple residential and commercial properties in Downtown Memphis, breaking even is the new profit.

Or as national real estate expert Jonathan Miller said earlier this month at the Urban Land Institute’s Real Estate Outlook for the Mid-South, “We cannot expect to make money the way we did a few years ago.”

67. Beyond Square One -

Memphis City Council’s approval for spending $16 million to improve Midtown’s Overton Square marked a milestone for neighborhood supporters, grassroots leaders and financial stakeholders – especially Loeb Properties Inc.

68. Belz Partnership Finances Shelby Oaks Warehouse -

A general partnership affiliated with Belz Enterprises has financed a warehouse on Shelby Oaks Drive.

BICO Associates GP filed a $1.7 million trust deed through First Tennessee Bank NA for a multi-tenant flex warehouse at 1650 N. Shelby Oaks Drive as well as three easements totaling 1.3 acres.

69. Colliers Signs Baker to First Site in Tenn. -

Colliers International’s industrial team of Andy Cates, Preston Thomas and Mike Driscoll has inked 63 transactions this year. Here’s a rundown on a flurry of recent deals the trio has brokered.

70. ULI Event To Tackle CRE Outlook -

Most commercial real estate markets have stabilized, but improvement in occupancies and rents won’t be as certain in 2012.

That’s the message real estate professionals will receive Tuesday, Dec. 6, when the Urban Land Institute District Council Memphis hosts its fifth annual Real Estate Outlook for the Mid-South at the Holiday Inn University of Memphis’ Tennessee Ballroom, 3700 Central Ave.

71. US Foods to Close Ky. Plant, Move Operations to Memphis -

US Foods, formerly U.S. Foodservice, is shuttering its Paducah, Ky., plant, with the services shifting to a recently expanded facility in Memphis.

The company had been leasing 175,000 square feet at 5900 Holmes Road in Hickory Hill, but announced in February plans to buy the building from Belz Enterprises and expand its operations to fill the entire 385,000 square feet.

72. Uptown Phase Two Gets Go Ahead -

After several delays, phase two of the plan for Uptown development cleared the Shelby County Commission Monday, Oct. 17.

But only after the commissioner whose district includes Uptown tried to shift the emphasis from continued development south of Chelsea Avenue moving west to new development north of Chelsea.

73. Taylor Appointed To Commission - CCHS Claims Family Planning Contract -

Former Memphis City Council member Brent Taylor is the newest Shelby County Commissioner.

Taylor, a Republican, won the District 1 Postion 3 seat vacated by Republican commissioner Mike Carpenter this month.

74. Substantial Deal Inked By Ontario-Based Manufacturer -

A substantial lease has been signed in a formerly distressed southwest Memphis industrial park that has made leaps and bounds since it was purchased by an out-of-town investor earlier this year.

KIK Custom Products, an Ontario-based manufacturer of national and retail brand consumer products, has signed a lease for 115,000 square feet in the Space Center Industrial Park, 265-353 Titan Drive.

75. Nike Adds 400K Square Feet To Local Portfolio -

The world’s largest maker of athletic gear has signed a lease in Memphis’ Southeast industrial submarket to handle its newly acquired NFL contract.

Nike Inc. inked a 400,000-square-foot warehouse lease in Centerpointe Distribution Center No. 1, 3461 E. Raines Road. Built in 1994, the property, owned by San Francisco-based Prologis Inc., features 38 dock doors and an 11,687-square-foot office space component.

76. Ga.-Based Coastal Logistics Signs Lease -

A budding Savannah, Ga.-based third-party logistics firm is expanding into the Southeast Memphis industrial market. Coastal Logistics Group Inc. has signed a new 50,000-square-foot lease at 5715 Distribution Drive.

77. MEPPI Buys Rivergate Park Acreage For Transformer Plant -

186.2 Acres In Rivergate Industrial Park
Sale Amount: $3.7 million
Sale Date: May 31, 2011

Buyer: Mitsubishi Electric Power Products Inc.
Seller: Belz Investco GP
Details: Warrendale, Pa.-based Mitsubishi Electric Power Products Inc. has bought three parcels in Rivergate Industrial Park from Belz Investco GP for $3.7 million. The deal closed May 31. The first parcel is 9.3 acres on the north side of Riverport Road (listed in the deed as Rivergate Road). It backs McKellar Lake, and the Shelby County Assessor of Property’s 2011 appraisal is $419,000. The second parcel is 63 acres on the south side of Riverport Road, appraised at $604,600. The third parcel is 113.9 acres on the north side of Riverport Road, wrapping around the 9.3-acre parcel and including an offshoot of McKellar Lake. Its 2011 appraisal is $769,600.
MEPPI announced in mid-February it would build a $200 million transformer manufacturing plant in Belz Enterprises Inc.-owned Rivergate Industrial Park.
In March, the Shelby County Commission and Memphis City Council each put in $1 million toward infrastructure financing for the project.

78. Mitsubishi Buys Land for Transformer Plant -

Warrendale, Pa.-based Mitsubishi Electric Power Products Inc. has bought three parcels in Rivergate Industrial Park from Belz Investco GP for $3.7 million. The deal closed May 31.

79. Rescue Groups Team Up to House Displaced Pets -

Wednesday morning for Mid-South animal responders began with the rescue of a domestic cat, one of roughly 40 local animals rescued from floodwaters since a coalition of rescue groups arrived in the Mid-South about two weeks ago.

80. Northeast Submarket Bolstered By Trio of Deals -

A handful of industrial deals in recent weeks hit Northeast Memphis in full force, significantly tightening the already solid submarket.

Mattress Firm has signed a 23,500-square-foot lease in Century Center, 1590 Century Circle, for a new retail and distribution space.

81. SRVS Files Construction Loan for New Headquarters -

3971 Knight Arnold Road
Memphis, TN 38118
Loan Amount: $3.3 million

Loan Date: March 22, 2011
Maturity Date: n/a
Borrower: Shelby Residential and Vocational Services Inc.
Lender: First Tennessee Bank NA

82. U.S. Foodservice Files $21M Building Permit -

A $21 million building permit application has been filed with the city-county Office of Construction Code Enforcement for the Memphis division of U.S. Foodservice Inc.

83. Commercial Council Has Shaped CRE Landscape -

The Memphis Area Association of Realtors’ Commercial Council is often the first trade organization that comes to mind when considering the local commercial real estate industry.

Something perhaps less commonplace, however, is the history of the group’s founders, and their vision to connect professionalism with the community.

84. Park Place Centre Financed for $7.4M -

Park Place Memphis LLC, a Loeb Properties Inc. affiliate that bought Park Place Centre from Belz Enterprises Inc. for $10.3 million in December, has financed the shopping center for $7.4 million through Thrivent Financial for Lutherans. The loan matures in April 2026.

85. YoLo in Midst of Targeted Growth Spurt -

In February 2010, Taylor Berger’s wife introduced him to the concept of self-serve frozen yogurt.

Within half a year, he and partner Mike McCaskill had opened two YoLo Frozen Yogurt stores – one in Collierville’s Historic Town Square and one in East Memphis in the Erin Way Shopping Center. By the end of this summer, the pair plan to have nine more up and running.

86. City Kicked Into ‘Overdrive’ to Lure MEPPI -

In February 2010, Memphis showed up in the No. 3 spot on that year’s ranking of “America’s Most Miserable Cities” by Forbes magazine.

It wasn’t publicly discussed at the time, but that undesirable attention also nearly spoiled Memphis’ effort to convince Mitsubishi Electric Power Products Inc. to build a transformer manufacturing plant here. Ultimately, Memphis won the plant. MEPPI announced in mid-February it would build the facility at Belz Enterprises Inc.-owned Rivergate Industrial Park.

87. New Plants Bode Well for Industrial Sector -

Although the overall commercial real estate market is soft, Memphis’ industrial sector appears to be gathering more steam than any other category.

With the arrival of such large projects like the Electrolux and Mitsubishi plants and Norfolk Southern Corp.’s new Fayette County intermodal yard, industry professionals hope ancillary business will bolster the industrial market by sparking new development, attracting new investors and enhancing the area’s economy.

88. Staples to Build First Memphis Location -

The world’s largest office products company will soon enter the Memphis market.

Framingham, Mass.-based Staples Inc. has signed a 17,945-square-foot lease at Ridgeway Trace, the shopping center at Poplar Avenue and Interstate 240 developed by Houston-based Weingarten Realty Investors.

89. Mt. Zion Upgrades to Larger Church in Frayser -

Two Memphis area churches have closed on a deal that’s been in the pipeline for about a year and a half.

Mt. Zion Baptist Church, 1280 Stonewall St., bought the 36,000-square-foot church at 1621 Dellwood Ave. in Frayser from Schoolfield United Methodist Church Inc. for $500,000.

90. Family Dollar Signs 2 Leases for Stores -

Family Dollar has signed a 12,000-square-foot lease at 2754 Lamar Ave. Shawn Massey, partner with The Shopping Center Group LLC, represented the tenant. Harold Blockman with Keller Williams Realty Inc. represented the landlord, Chong K and Dul S. Pae.

91. U.S. Foodservice to Stay in Hickory Hill -

The Memphis division of U.S. Foodservice Inc. has agreed to stay in Hickory Hill and not move to Olive Branch, Miss.

92. U.S. Foodservice to Stay in Hickory Hill -

The Memphis division of U.S. Foodservice Inc. has agreed to stay in Hickory Hill and not move to Olive Branch, Miss.

93. Chamber Preps Red Carpet for Mitsubishi -

The Greater Memphis Chamber has begun sending out invitations to an event Monday at The Peabody hotel at which a significant announcement will be made.

The invitations include the names of Tennessee Gov. Bill Haslam, Memphis Mayor A C Wharton Jr. and Shelby County Mayor Mark Luttrell. The invitations, which also suggest Memphis Grizzlies forward Rudy Gay will be in attendance, were sent out to public and private sector leaders Tuesday.

94. CRE Market’s Transition Fitting Parable for City -

A city’s commercial real estate market tends to mirror the local economy.

CRE, as the market is often abbreviated, can serve as barometer of sorts for an area’s business climate and also play a critical role in enhancing its economic development efforts.

95. Shifting Gears -

Memphis has long been a real estate town.

Family names like Belz, Boyle, Clark, Fogelman, Loeb, Snowden and Wilkinson – to name a few – have become synonymous not only with local commercial and industrial development but also with the city’s business fortunes and cultural identity.

96. Boyle Fund Pays $14M for Germantown Mall -

Boyle Investment Co. has made its first Memphis acquisition since setting up its Midsouth Capital Fund I LLC by acquiring a significant amount of Belz Enterprises Inc.’s interest in Germantown Village Square Shopping Center.

97. Eastgate Sells for $31.5 Million -

The Eastgate Shopping Center on Park Avenue in East Memphis has sold to a Dallas-based entity for $31.5 million from Belz Enterprises Inc., according to documents filed with the Shelby County Register of Deeds.

98. Eastgate Sells for $31.5 Million -

The Eastgate Shopping Center on Park Avenue in East Memphis has sold to a Dallas-based entity for $31.5 million from Belz Enterprises, according to documents filed with the Shelby County Register of Deeds.

99. What Happens Next -

Take a good look around you, Memphis.

The next 12 months have so much in store, almost anywhere a person looks – from the neighborhood school to the family doctor to office buildings Downtown to industrial space in South Memphis – the pace of change is likely to make 2011 one for the record books.

100. Menlo Deal Tops Noteworthy Leases -

The Daily News in September launched a new weekly column called “Inked” to spotlight Memphis’ commercial leasing landscape.

Despite tough times, local commercial real estate firms were able to ink plenty of deals in the past four months. Here’s a rundown of some of the most noteworthy commercial leases since Inked’s debut: