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Editorial Results (free)

1. Source: Horizon Under Contract To Be Purchased -

The Horizon, an uncompleted 16-story residential tower overlooking the Mississippi River on the southern end of Downtown, could change hands soon.

A yet-to-be-identified buyer is under contract to purchase the tower, according to sources familiar with the effort.

2. Rail House Roots -

Editor’s note: This is the third in a three-part series. “Rail house” is a term that businesses – especially restaurants and bars – near train tracks, or with railroad motifs, use in their names.

3. Grizzlies Sign Draft Pick Jarnell Stokes to Deal -

MEMPHIS (AP) – The Memphis Grizzlies have signed their second-round draft pick Jarnell Stokes to a multi-year contract.

The Grizzlies did not disclose the terms Monday. The Commercial Appeal reports it's a three-year deal worth more than $2.5 million for the 35th pick overall.

4. Developer Files Permit for Graceland-Area Hotel -

3411 Elvis Presley Blvd.
Memphis, TN 38116
Permit Cost: $3.5 million

5. Slogan Sets Bar High for Tigers -

Senior running back Brandon Hayes knows the Tigers were “close” in a lot of games last season, even though the final result was a 3-9 record.

6. Turning Five -

When she was first handed the reins of the I Love Memphis blog almost a year ago, Holly Whitfield said she planned to keep the blog’s brand intact and to keep reminding Memphians why the city is worth their affection.

7. Lessons Learned From FAA’s Expanded Use of Electronics -

With business travel season heating up, it’s important to keep some technology etiquette in mind to avoid work liability issues and being a nuisance to those around you.

As many of you road warriors know, the Federal Aviation Administration (FAA) recently relaxed some rules around the usage of portable electronic devices during commercial airline flights. This allows passengers to safely use their devices in airplane mode from gate to gate at the airlines’ discretion.

8. A Perfect Union -

Union Ave Books buzzes with activity on a Tuesday afternoon as families from San Francisco and Paris browse the shelves in the children’s section.

A local customer, owner Flossie McNabb explains, has brought the travelers to her store during their East Tennessee visit.

9. Nineteenth Century Club Mansion Could be Saved -

The Union Avenue mansion that housed the Nineteenth Century Club might not meet the wrecking ball after all.

The owner of the building plans to build a restaurant inside the historic mansion, a spokesman said Friday, according to The Commercial Appeal.

10. Hotel Owner Files $3 Million Loan -

The new owner of the Inn at Thousand Oaks hotel at 2700 S. Perkins Road in Parkway Village has filed a $3 million loan on the property.

11. Developer Tries Again for Highland McDonald’s -

The developer behind a proposed McDonald’s on Highland Avenue near the University of Memphis is making another attempt at the project.

According to the most current site plan, the 5,353-square-foot restaurant building is situated along the sidewalk on Highland and a looping drive-thru proposed earlier has been replaced with one that runs along the eastern side of the building.

12. Roast of the Town -

If you catch Jimmy Lewis these days and get him talking about coffee roasting, chances are he might never stop.

13. Tubbs Joins Humane Society as Development and Marketing Director -

Nikki Tubbs has joined the Humane Society of Memphis & Shelby County as director of development and marketing, responsible for developing and executing the humane society’s fundraising plan, overseeing special events and securing sponsorships, and supervising supplemental development programs and the development team.

14. Pinch District Could Lose Historic Designation -

The Pinch District, one of the city’s oldest commercial districts, could lose its designation on the National Register of Historic Places, a move that would jeopardize existing buildings but possibly make some new development easier.

15. Pressure Builds to Grant More Tax Breaks -

The head of the Economic Development Growth Engine organization says there is another side to the controversy over granting property tax abatements through payments-in-lieu-of-taxes that isn’t heard in the current civic discussion about the incentives.

16. Midtown Corner Could See Turnaround -

While Midtown as a whole is experiencing a resurgence, two properties at the key intersection of Union Avenue and McLean Boulevard remain vacant, decaying eyesores.

But a real estate agent representing the owner of the vacant office building and hotel at the southwest corner of Union and McLean says both properties are under contract to be sold.

17. Nineteenth Century Club Mansion Could Be Saved -

The Union Avenue mansion that housed the Nineteenth Century Club might not meet the wrecking ball after all.

The owner of the building plans to build a restaurant inside the historic mansion, a spokesman said Friday, according to The Commercial Appeal.

18. Springing to Life -

When Ridgeland, Miss.-based development firm the Bryan Co. broke ground on The Horizon condominium tower in 2007, it was at the peak of the housing bubble and optimism from elected officials and Downtown boosters was equally high.

19. Nineteenth Century Club Mansion Could Be Saved -

The Union Avenue mansion that housed the Nineteenth Century Club might not meet the wrecking ball after all.

The owner of the building plans to build a restaurant inside the historic mansion, a spokesman said Friday, according to The Commercial Appeal.

20. US Factory Orders Rise 1.1 Percent in June -

WASHINGTON (AP) – Orders to U.S. factories increased in June, led by demand for aircraft, industrial machinery and computers and electronics.

Orders rose a seasonally adjusted 1.1 percent compared to the previous month, the Commerce Department reported Tuesday. Factory orders had fallen 0.6 percent in May after three straight months of gains.

21. City Reviews Ridesharing Policies -

The city of Memphis is reviewing policies and procedures related to vehicles for hire after a firestorm related to ridesharing services such as Lyft and Uber erupted earlier this summer.

City permits administrator Aubrey Howard said the city had not yet initiated patrols to catch Lyft and Uber drivers in the act, but has instead launched a review of the city’s policies.

22. City Mulls Plan to Buy Former State Building -

It would be cheaper and more efficient for the city of Memphis to lease and then buy the vacant Donnelley J. Hill state office building across Main Street from Memphis City Hall than to continue leasing multiple properties spread across town, consultants and city officials told City Council members Tuesday.

23. Neighborhood Health -

As the owner of Inbalance Fitness in Cooper-Young, Scott Lebowitz is focused on the physical health of the clients who walk through his doors.

Starting a few years ago, however, Lebowitz began to wear an additional, albeit less obvious, professional hat. He’s also a commercial property owner, having bought the building in which his business operates as well as the space of other Cooper-Young businesses around him – which means that in addition to his clients’ health, he’s also paying close attention to the health of the neighborhood.

24. Scripps’ Newspaper Spinoff Includes Commercial Appeal -

The E.W. Scripps Co. of Cincinnati announced Wednesday, July 30, that it will spin off its newspapers, including The Commercial Appeal, in 2015 into a new Journal Media Group to be based in Milwaukee along with newspapers from the Journal Media Group of Milwaukee.

25. E. W. Scripps Co. to Spin Off Newspapers, Including Commercial Appeal -

The E.W. Scripps Co. of Cincinnati announced Wednesday, July 30, that it will spin off its newspapers, including The Commercial Appeal, in 2015 into a new Journal Media Group to be based in Milwaukee along with newspapers from the Journal Media Group of Milwaukee.

26. Dohmen Life Science Adds Space in SE Memphis -

Dohmen Life Science Services is expanding its footprint in Southeast Memphis.

The operator of the pharmaceutical logistics company DDN recently inked lease renewals and an expansion that pushed its occupancy to 628,000 square feet.

27. Home Market Still Facing Obstacles -

After suffering through a brutal slump in the wake of the worst economic downturn in decades, the local real estate industry has slowly merged onto the road to recovery, though a few speed bumps that could slow progress remain.

28. Scripps To Spin-Off Newspapers Including Commercial Appeal -

The E.W. Scripps Co. of Cincinnati announced Wednesday, July 30, that it will spin off its newspapers, including The Commercial Appeal, in 2015 into a new Journal Media Group to be headquartered in Milwaukee along with newspapers from the Journal Media Group of Milwaukee.

29. Chisca Rebirth -

As the Carlisle Corp. began to really delve into the guts of the old Chisca Hotel on Main Street, company officials discovered hidden gem after hidden gem.

30. D. Canale Affiliate Buys Property for Distillery -

301 S. Front St.
Memphis, TN 38103
Sale Amount: $785,000

Sale Date: July 10, 2014
Buyer: Dominick Properties LLC
Seller: 301 South Front Street GP

31. Simmons First National Moves Into Tennessee -

A similar history, a foundation in agriculture lending and growth potential attracted Arkansas-based Simmons First National Corp. to buy Community First Bancshares Inc. of Union City, Tenn., and its $1.9 billion subsidiary First State Bank, says Simmons’ Chairman and CEO George A. Makris.

32. Orders for US Durable Goods Up 0.7 Percent in June -

WASHINGTON (AP) – Orders for long-lasting manufactured goods rebounded in June after a May decline, helped by a recovery in demand in a key category that signals business investment plans.

33. Master Your Market Seminar to Examine Housing Trends -

Real estate industry professionals will have the opportunity this week to learn more about major trends in the local real estate market, including residential and commercial sales, new housing, foreclosures and lending practices.

34. Judge: Davis Can’t Use Public Bond for Appeal -

A judge won’t let former Southaven Mayor Greg Davis use his $100,000 public official bond to cover his appeal in a case with the state auditor’s office.

35. Contractors See Bright Days Ahead -

After slogging their way through the deepest economic slump in more than 60 years, Memphis area contractors say the near future looks much brighter than the dark days of the recession and its immediate aftermath.

36. Judge: Davis Can’t Use Public Bond for Appeal -

A judge won't let former Southaven Mayor Greg Davis use his $100,000 public official bond to cover his appeal in a case with the state auditor's office.

37. Chisca Hotel Owners File Construction Loan -

The Chisca Hotel ownership group has filed a $17.3 million construction loan to renovate and redevelop the historic South Main Street property.

Main Street Apartment Partners LLC filed the construction leasehold deed of trust, assignment of leases and rents, security agreement and fixture filing July 18 through SunTrust Banks.

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

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

39. First Horizon Reports Positive Quarter -

For the second quarter of its 150th anniversary year, the Memphis-based parent company of First Tennessee Bank reported growth in profit as well as increases in loans, while continuing to reduce the drag of the mortgage business the company sold in 2008.

40. From Despair to Belief -

A July weekday afternoon, about 2:45. It’s the perfect time for just about anyone to be nodding off in class.

But in the basement of Midtown Church of Christ, where HopeWorks Inc. is housed, class is in session and a dozen men and their teacher are having a lively discussion.

41. Green Mountain Consulting Finds Home Along Poplar -

Logistics vendor Green Mountain Consulting wasn’t necessarily looking to buy an office building when it began its search for more office space for expansion.

“We’re not getting into the commercial real estate business because we wanted to be in it; we got into it because we have a company to operate and needed the space,” said Jim Jacobs, one of Green Mountain’s co-founders.

42. Bankruptcy Filings Drop Below 3,000 -

For the first time since 2011, the number of Memphis-area bankruptcies filed in the second quarter dropped below 3,000.

Between April 1 and June 30, the U.S. Bankruptcy Court for the Western District of Tennessee saw 2,959 bankruptcies in which the person or business listed a Shelby County address. That’s a 6.4 percent decrease from the 3,164 filed during the second quarter of 2013, according to The Daily News Online, memphisdailynews.com.

43. Foreclosures Drop 22 Percent in Second Quarter -

United Housing Inc. has teamed up with Grace-St. Luke’s Episcopal Church to create the first Grace-St. Luke’s GraceBuilders House, which will involve fixing up a foreclosed home for a family in United Housing’s Homebuyer Education program.

44. Uber, Lyft Operating Despite Cease-and-Desist Notices -

Uber and Lyft continued to shuttle customers back and forth early this week, undaunted by the city’s decision last week to send the companies cease-and-desist letters.

A representative from Uber said the company had not received any notice from the city by Tuesday, July 15, and indicated the company has no intention of putting the brakes on the app-based service.

45. Bragging Rights -

HOOVER, Ala. – Before he was done, Southeastern Conference commissioner Mike Slive would quote Muhammad Ali, Dwight D. Eisenhower, Winston Churchill and Nelson Mandela, stump for the league’s new television network, and remind the world that the “autonomy of the SEC and the other four conferences” is really all that matters.

46. City: Rideshare Services Need Permits for Airport Use -

The city of Memphis will ask popular ridesharing services such as Uber and Lyft to cease and desist operations until they acquire city permits.

“We know (Uber and Lyft) are doing business in Memphis without the required permit,” said Memphis spokeswoman Dewanna Smith. “We will send them a cease-and-desist notice along with an application and links to our ordinances. That letter has only recently been approved by counsel and will be going out soon.”

47. Wright Taking UAM to New Heights -

When Keri Wright was a little girl, her dad built an airplane out of plywood and fitted it with controls and switches, and she and her brother would play in the plane next to their sandbox.

As she grew older, the family went to an airshow every summer in Oshkosh, Wis., and Wright loved watching the F-16 fighter jets zoom overhead.

48. Amazon Asks FAA for Permission to Fly Drones -

NEW YORK (AP) — Amazon is asking the Federal Aviation Administration permission to use drones as part of its plan to deliver packages to customers in 30 minutes or less.

The news sent Amazon's shares up nearly 5 percent in midday trading.

49. Southaven Ex-Mayor Sentenced to 2 1/2 Years -

Former Southaven Mayor Greg Davis has been sentenced to 2 1/2 years in state prison for felony convictions of embezzlement and fraud.

50. 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.

51. Southaven Ex-Mayor Sentenced to 2 1/2 Years -

Former Southaven Mayor Greg Davis has been sentenced to 2 1/2 years in state prison for felony convictions of embezzlement and fraud.

52. We’re All Invited -

MEMPHIS, SERVED IN THE SHELL. Following up last week’s column, this from a reader:

“We have no civic pride, half the population is intent on killing as many as they can and the other part lives behind walls or gates. There was a time in the fifties when you could leave your front door unlocked and keys in the car.”

53. City to Issue Cease-and-Desist Notices to Rideshare Services -

The city of Memphis will ask popular ridesharing services such as Uber and Lyft to cease and desist operations until they acquire city permits.

“We know (Uber and Lyft) are doing business in Memphis without the required permit,” said Memphis spokeswoman Dewanna Smith. “We will send them a cease-and-desist notice along with an application and links to our ordinances. That letter has only recently been approved by counsel and will be going out soon.”

54. Pathmark Inks Lease at I-Bank Tower -

A longtime third-party logistics company is on the move.

Pathmark Transportation Co., which was started in 1984 as a subsidiary of petroleum marketing company Pathmark International before becoming a national logistics provider, has signed a new lease for 3,800 square feet at the i-bank Tower on Poplar Avenue in East Memphis.

55. Cushman & Wakefield Adds Yates to Capital Markets Team -

Alex Yates has joined the Cushman & Wakefield/Commercial Advisors Capital Markets team as vice president, assisting and executing investment sales, debt/equity placement and development advisory projects. Yates’ efforts will be heavily concentrated in multifamily and retail, but he will focus on other product types as well.

56. Airport Authority Looking at Rideshare Policy -

The battle that has raged between ridesharing services like Lyft and Uber at airports across the country has finally landed at Memphis International Airport.

For now, Lyft and Uber are prohibited from picking up passengers at Memphis International Airport, but that could change as airport and city officials develop policies for dealing with the emerging services.

57. Sharky's Closes Following Chapter 11 -

Sharky’s Gulf Grill, an upscale seafood establishment in East Memphis, has closed its doors.

Sharky's Gulf Grill LLC, which opened in 2009 and filed for Chapter 11 bankruptcy in April, closed the restaurant in the 6,300-square-foot building at 6201 Poplar Ave. in East Memphis, which is prime commercial real estate space.

58. 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.

59. Obama to Nominate New NTSB Chair -

The White House says the president will nominate a lawyer with a history in aviation and transportation safety to head the National Transportation Safety Board.

Christopher Hart joined the board as vice chairman in 2009 and became acting chairman in April. That’s when former NTSB chief Deborah Hersman resigned.

60. ‘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.

61. Poplar Plaza to Undergo Renovation -

The venerable Poplar Plaza shopping center at Poplar Avenue and Highland Street near the University of Memphis is slated to undergo a second facelift.

Finard Properties LLC is expected to soon launch extensive exterior improvements to the massive retail center at Poplar and Highland, starting with a fresh coat of paint.

62. Problem Solvers -

Rick Smith is director of property management for Finard Properties, the commercial real estate firm that owns and manages properties such as the landmark Poplar Plaza shopping center at Poplar Avenue and Highland Street.

63. 10 Deadly Sins of Email Marketing -

Part one in a two-part series. Data released last year by a research firm called Return Path cites that the average individual receives more than 400 commercial emails per month – emails from businesses selling products and services versus email from colleagues, friends or family.

64. Health Choice Selects Abisch to Lead Population Health Services -

Ellen Abisch has joined Health Choice LLC as senior director of population health services. In the newly created position, Abisch will be responsible for designing, implementing and managing population health and wellness programs for the Health Choice network.
Prior to joining the physician hospital organization, she served as manager of benefits and wellness for ServiceMaster.

65. Palazzolo Opens Run for Germantown Mayor -

So far, Germantown Alderman Mike Palazzolo has no opposition in his bid to become the next mayor of Germantown in the Nov. 4 elections.

And his early start campaigning door to door in March and covering about 25 percent of the city so far means he may not in the race to succeed outgoing Mayor Sharon Goldsworthy.

66. US to Ask China to Restart Cyber Working Group -

WASHINGTON (AP) – The United States wants to restart a cybersecurity working group that China shut down after the U.S. indicted five Chinese military officers on charges of hacking into American companies' computers to steal trade secrets.

67. Obama to Nominate New NTSB Chair -

The White House says the president will nominate a lawyer with a history in aviation and transportation safety to head the National Transportation Safety Board.

Christopher Hart joined the board as vice chairman in 2009 and became acting chairman in April. That's when former NTSB chief Deborah Hersman resigned.

68. Senate Panel OKs $47 Billion Homeland Security Budget -

WASHINGTON (AP) – A key Senate panel Thursday gave swift bipartisan approval to a $47 billion budget for the Department of Homeland Security, boosting funding to cope with an influx of Central American children who arrive in the U.S. unaccompanied by their parents.

69. BancorpSouth Names President, Chief Operating Officer -

TUPELO, Miss. (AP) – Chris Bagley, a 31-year veteran of the banking industry, has been named BancorpSouth's new president and chief operating officer.

70. Hollingsworth Buys Mississippi Industrial Property -

The Hollingsworth Cos., which operates a prominent industrial development company with holdings across the South, has acquired an industrial building in Senatobia, Miss.

Clinton, Tenn.-based Hollingsworth recently acquired the 198,450-square-foot building at 795 Shands Bottom Road in Senatobia from BMW.

71. ServiceMaster Begins Trading on NYSE -

The parent company of Memphis-based ServiceMaster Co. LLC began trading on the New York Stock Exchange Thursday, June 26, in an initial public offering of its common stock.

The move to the market comes a day after ServiceMaster Global Holdings Inc. announced it was pricing the offering of 35.9 million shares at $17 per share. The pricing was below analysts’ estimates of $18 to $21 per share.

72. Heart of Arlington -

When Sandy Brewer and her family moved more than eight years ago from Cordova to a turn-of-the-century home just two blocks from Arlington’s Depot Square, she said it felt like taking a step back in time.

73. Real Estate Veteran Jan Phillips Rejoins Crye-Leike -

Jan O’Kelly Phillips has joined Crye-Leike Realtors’ Germantown-Poplar branch office, marking her return to real estate sales.

74. Against the Tide -

Medtronic’s Prestige Cervical Disc system has helped thousands of people, but none of them are quite like 56-year-old Doug McConnell.

In 2009, McConnell, who is from Barrington, Ill., learned he had a severely herniated disc between two cervical vertebrae. He had the surgery to get the Prestige Cervical Disc on Feb. 1, 2010, in Chicago.

75. 6 Cities Added to Tennessee Downtowns Program -

State officials say six cities have been chosen to participate in the Tennessee Downtowns program.

Department of Economic and Community Development Commissioner Bill Hagerty says the communities of Arlington, Carthage, Ducktown, Etowah, Jamestown and Shelbyville have been selected for the program.

76. BankTennessee Adds Commercial Lender -

Jay Crews has joined BankTennessee as a vice president and commercial lender.

According to BankTennessee President and CEO Jim Rout, Crews has 25 years of experience as a national bank examiner and in lending and management roles for regional and national banks.

77. Team Setting -

In February, three executives at the Church Health Center moved into a shared office space.

After working in separate silos in separate buildings, which created its own set of headaches, Chief Administrative Officer Jennie Robbins, Chief Operating Officer Michaela Sturdivant and Chief Strategic Officer Ann Langston moved into a new world – an office that all three would use.

78. 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.

79. Gestalt Schools Signs Lease in Hickory Hill -

A charter school operator has inked a lease for space on Winchester Road in Hickory Hill.

Gestalt Community Schools has leased 57,000 square feet of space at 5360 Winchester Road inside the Mendenhall Square shopping center.

80. BankTennessee Adds Commercial Lender -

Jay Crews has joined BankTennessee as a vice president and commercial lender.

According to BankTennessee President and CEO Jim Rout, Crews has 25 years of experience as a national bank examiner and in lending and management roles for regional and national banks.

81. Future Uncertain But Innovation Team’s Work to Continue -

Though the future of the Mayor’s Innovation Delivery Team in Memphis is uncertain at this point, the work it’s involved in – incubating businesses and activating neighborhoods, for example – appears set to continue.

82. UPS to Consider Box Size in Ground-Shipping Prices -

DALLAS (AP) – UPS says it will consider box size when setting prices for ground shipment of parcels within the U.S. and Canada.

The move announced Tuesday follows a similar change by rival FedEx, and it could lead to price increases for shippers, analysts say.

83. IMF Lowers Estimate of US Economic Growth in 2014 -

WASHINGTON (AP) – The U.S. economy is poised to accelerate after a dismal start to the year even though the job market won't return to full employment until 2017.

That was the forecast offered Monday in a report by the International Monetary Fund.

84. 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.

85. Aren Investments Buys Winchester Haverty’s -

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.

86. Lehman-Roberts’ Longevity Paved by Family Ownership -

Lehman-Roberts Co. is a highway paving contractor that president Patrick Nelson regards with the kind of pride that might at first seem out of place for work that involves asphalt and roadwork.

87. Pay Raises Go Mainly to Those in Select Industries -

NEW YORK (AP) – If you hope to get a raise that finally feels like one, it helps to work in the right industry.

Historically, at this stage in the economy's recovery, pay would be rising in most sectors. But five years after the Great Recession officially ended, raises remain sharply uneven across industries and, as a whole, have barely kept up with prices. Overall pay has been rising about 2 percent a year, roughly equal to inflation.

88. Renovation, Expansion Underway at Saddle Creek -

The Shops at Saddle Creek has picked up a new tenant as the lifestyle center undergoes a renovation.

Marmi Shoes has leased 1,395 square feet between Vera Bradley and Madewell at Saddle Creek. St. Louis-based Marmi Shoes offers a wide variety of women’s shoe styles and sizes with a European influence. The Saddle Creek location, the first in the Memphis area and the second in Tennessee, is expected to open in the fall.

89. Why Retailers Need Tenant Representatives -

National and regional retailers have embraced tenant representation for many years as a way to bring local market knowledge to their real estate site selection equation. The local retailer is apt to say, “I know my market well and what locations will work for me, so why do I need a tenant representative to increase my cost?”

90. FAA OKs Commercial Drone Flights Over Land -

WASHINGTON (AP) – The Federal Aviation Administration said Tuesday it has granted the first permission for commercial drone flights over land, the latest effort by the agency to show it is loosening restrictions on commercial uses of the unmanned aircraft.

91. Coalition Vows Push for Minority Business Gains -

For decades, goals and percentages have been set for minority business participation in city and county governments.

Both governments have compliance offices. Elected officials look at percentages and ask questions about participation on particular projects.

92. Shops of Wolflake Sells for $3.8 Million -

2965 N. Germantown Road
Bartlett, TN 38133
Sale Amount: $3.8 million

Sale Date: May 20, 2014
Buyer: Bartlett Interests LLC
Seller: Pref Wolflake Partners GP
Details: The Shops of Wolflake retail strip center at 2965 N. Germantown Road in Bartlett has sold for $3.8 million.

93. State Systems Prides Itself on Protecting Customers -

In 1986, the father-and-son team of Robert and Bob McBride bought a fledgling small business called State Systems.

94. Floyd Part of Relationship-Driven Team at Magna -

Banks may tout with increasing frequency their facility with the array of digital tools available today, but there is a downside to that trend as financial institutions race to catch up with their more mobile-oriented customers.

95. Untapped Proved Passion for History -

Once the last of the food trucks departed, the tables and chairs were packed away, the beer garden cleared out and supporters exited through the courtyard archway a final time, the Tennessee Brewery returned to what it’s been for decades.

96. ‘Alive and Well’ -

The diverse crowd that typically gathers for South Main Historic Arts District Trolley Night – from hipsters in skinny jeans to residents who enjoy the monthly celebration of their neighborhood to others drawn to see what the fuss is all about – featured several hundred ghastly additions in May.

97. Poplar Avenue Portfolio Sells After Foreclosure -

The three commercial real estate parcels that compose the Shops of Chickasaw Gardens along Poplar Avenue have sold for a combined $3.8 million following a foreclosure.

The mixed-use portfolio sold in a May 30 substitute trustee’s deed with 3181 Poplar Avenue Holdings LLC – an affiliate of special servicer CWCapital Asset Management – buying the properties from substitute trustee Robert F. Tom of Baker, Donelson, Bearman, Caldwell & Berkowitz PC.

98. 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.

99. 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.

100. Olymbec Buys Another Memphis Industrial Property -

Canadian real estate company Olymbec USA LLC has invested again in Memphis, paying $4 million for the warehouse at 4219 Air Trans Road in Oakhaven.