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Editorial Results (free)

1. RE/MAX Holdings Files IPO Plans -

RE/MAX Holdings Inc. filed plans Monday to take the real estate brokerage firm public and raise up to $100 million.

2. RE/MAX Files Plans for IPO -

RE/MAX Holdings Inc. filed plans Monday to take the real estate brokerage firm public and raise up to $100 million.

3. Many Questions Raised Before Going Public -

As Facebook prepares for its multibillion-dollar initial public offering (IPO) next month, it sheds light on how companies – including local ones – decide whether to go public or not.

Memphis-based pharmaceutical company GTx Inc. went public in 2004 and local paper producer Verso Paper Corp. held its IPO in 2008, but the overall number of publicly traded companies both locally and nationally has dropped over the past two decades.

4. Comfort Inn Downtown Wins Gold Hospitality Award -

The Comfort Inn Downtown, 100 N. Main St., was recently announced as a recipient of a prestigious 2012 Gold Hospitality Award from world lodging leader Choice Hotels International Inc., franchisor of the Comfort brand.

5. C-III Capital Acquires NAI Global -

The parent company of Memphis-based NAI Saig Co. has been acquired by an Irving, Texas-based real estate investment and special loan servicing firm for an undisclosed amount.

6. Bankrupt Shyona Sells Cordova Quality Suites -

Minesh Patel has bought the 102-unit Quality Suites hotel at 8166 Varnavas Drive in Cordova from Shyona Inc. for $2.5 million after Shyona filed for Chapter 11 bankruptcy protection. Patel and spouse Jagruti Patel financed the purchase with a $2.8 million loan through Liberty Bank of Arkansas.

7. Investec Realty Svcs. Partners With Sperry Van Ness Int'l -

Memphis-based commercial real estate firm Investec Realty Services is now an independently owned and operated franchise of Sperry Van Ness International, the two companies announced Tuesday, Dec. 1.

8. CrescoAg Inks Lease for New Downtown HQ -

Downtown Memphis has landed another corporate headquarters. CrescoAg LLC, an independent information management company, has signed a new lease on 4,594 square feet at 88 Union Ave.

9. Downtown Comfort Inn Picks up Award -

The Comfort Inn Downtown announced it has received a prestigious 2010 Platinum Hospitality Award from world lodging leader Choice Hotels International Inc., franchisor of Comfort Inn.

10. Land of Lenny's -

With the opening of a second Downtown Lenny’s, the Memphis-born restaurant chain has the city covered as good as the hot pepper relish on its signature subs.

The new restaurant, slated to open Monday at 153 S. Main St., is just a short jaunt of seven blocks – not even a half-mile – from the existing one at 22 N. Front St.

11. Realty Company Owner Files Ch. 7 Bankruptcy -

Mallard Creek Realty Inc. owner Stanley Holmes has filed for Chapter 7 bankruptcy.

12. Wright Medical Buys Arlington Bldg. For Distribution Needs -

11481 Gulf Stream Ave.
Arlington, TN 38002
Sale Amount: $1.6 Million

Sale Date: Oct. 29, 2009
Buyer: Wright Medical Technology Inc.
Seller: Covington Furniture Manufacturing Co.
Details:  Wright Medical Group Inc. has bought a 56,340-square-foot building at 11481 Gulf Stream Ave. near its Arlington campus to increase distribution capacity. Operating in the transaction as Wright Medical Technology Inc., the company paid $1.6 million for the building, which was completed in 1973 and sits on 4.29 acres near the intersection of Tenn. 385 and U.S. 70.

13. Harris Sells School To Franchisee for $1.7M -

After developing the land and building a day care center, R.S. Harris has sold The Goddard School franchise he brought to 509 E. Winchester Road in Collierville for $1.7 million. Harris’ limited liability company, R.S. Harris LLC, sold the recently completed 8,170-square-foot day care center to the school’s franchisee, Love for Learning LLC.

14. Re/Max Owner Under Fire -

Re/Max of Kentucky/Tennessee Inc. has filed a breach of franchise agreement complaint against Stan Holmes, his realty company and the four Re/Max franchises he operated in the Memphis area, for a litany of unpaid fees plus penalties and other costs.

15. Goddard School Planned For Winchester Road in Collierville -

2.5 Acres
Collierville, TN 38017
Loan Amount: $1.3 Million

Loan Date: Feb. 13, 2009
Maturity Date: N/A
Borrower: R.S. Harris LLC
Lender: First Citizens National Bank

16. Methodist Names Brooks VP of Clinical Operations -

Robert Brooks has been named vice president of clinical operations for Methodist University Hospital.

17. Lenny’s Founder’s Death Apparent Suicide, Police Say -

Funeral services for Len Moore, the man who started a sandwich shop in Bartlett that grew into the Lenny’s Sub Shop national franchise, were held Friday in Woodlands, Texas.

18. Lenny’s Founder Dies in Texas -

Leonard “Len” Moore, 54, died Tuesday in Conroe, Texas, according to the office of Montgomery County Justice of the Peace Trey Spikes and the Southeast Texas Forensics Center. The office said an autopsy was being performed Thursday.

19. Events -

The East Memphis Kiwanis Club will meet today at noon at The Racquet Club of Memphis, 5111 Sanderlin Ave. Clark Converse with La Paloma Treatment Center will speak. For more information or reservations, e-mail Mathis Young at mathis.young@bankparagon.com.

20. Events -

The Memphis Farmers Market will celebrate Labor Day Weekend at its weekly market Saturday from 7 a.m. to 1 p.m. at the Central Station Pavilion at the corner of South Front Street and G.E. Patterson Avenue. For more information, visit www.memphisfarmersmarket.com.

21. Events -

The Memphis Advertising Federation will hold a luncheon today at 11:30 a.m. at the Holiday Inn-University of Memphis, 3700 Central Ave. Editorial cartoonist Marshall Ramsey will give a presentation titled “Creativity: It’s a Laughing Matter.” Cost is $25 for guests and free for members. Register online at www.memphisadfed.org.

22. Events -

The Engineers’ Club of Memphis Inc. will hold its weekly lunch meeting today at noon at the Holiday Inn-University of Memphis, 3700 Central Ave. Matt Thompson, curator of mammals for the Memphis Zoo, will speak on “Becoming a World-Class Zoo.” The cost is $12 and no reservations are required.

23. Lenny's Ranked ByEntrepreneur Magazine -      Memphis-based Lenny's Franchisor LLC, the franchisor of Lenny's Sub Shops, has been ranked for the first time by Entrepreneur Magazine in two of the publication's franchise lists.
      

24. Ex-Memphians to OpenLenny's in South Carolina -      Family members who used to frequent Lenny's Sub Shops while they lived in Memphis have decided to open their own string of franchises in Greenville, S.C.
     Lenny's Franchisor LLC, the fran

25. Chain Retailers Increasingly Look to Memphis For Promoting Franchise Opportunities -

Yet another out-of-town business has set its sights on Memphis as a hot market for expansion.

Columbia, Md.-based Signs By Tomorrow executives would like to open at least five stores in the Memphis area in the next few years, company officials said.

26. IHOP Buys Applebee'sFor $1.9B in Cash -      Glendale, Calif.-based IHOP Corp., best known for its blue-roofed pancake restaurants, has agreed to buy the bar-and-grill chain Applebee's International Inc. for about $1.9 billion in cash.
    &

27. Memphis-Based Lenny'sExpands Into Ohio -      Memphis-based Lenny's Franchisor LLC, the owner of Lenny's Sub Shops, announced the group Golden Olive Enterprises LLC has signed an agreement to open several units in Columbus, Ohio. Franchisee Dixie Rogers will open th

28. Lenny's Sub Shops HoldsFranchise Opportunity Day -      Lenny's Franchisor LLC, the franchisor of Memphis-based Lenny's Sub Shops, will host its first Lenny's Sub Shop Franchise Opportunity Day April 21 in Memphis.
     Lenny's is expanding natio

29. Lenny's Sub Shops Put On More Financial Girth -

When it comes to Lenny's Sub Shops, some people are just fanatics. They eat the same thing every time they go, maybe with a slight variation, but always the same thing, company officials say.

Those loyal customers have translated into a business that now is made up of 98 stores in 11 states, with 25 in Memphis.

30. Local Data Storage Business Gives Ft. Knox a Run for its Money -

Within four years, two disasters - the Sept. 11, 2001, terrorist attacks in New York and Washington and Hurricane Katrina on the Gulf Coast Aug. 29, 2005 - rocked the security and emergency preparedness of the United States.

31. Lenny's SubsExpands to New Mexico -      Memphis-based Lenny's Sub Shops soon will be opening in New Mexico.
     Lenny's Franchisor LLC announced Monday that an agreement had been made with Eat Subs LLC for 15 stores to open in th

32. Lenny's Sub Shops SpreadOut to More New Markets -     Lenny's Franchisor LLC, franchiser of Lenny's Sub Shops, has signed an agreement with a group of investors from Memphis to open 100 restaurants in Texas' Dallas/Ft. Worth, market.
    Texas Sandwich In

33. Archived Article: Daily Digest - Almadale Property

Almadale Property

Financed for $2 Million

Houston Levee Commercial Partnership has financed 8.36 acres near Houston Levee and Dogwood roads for $2 million, according to The Daily News Public Records Database, www.memphisda...

34. Archived Article: Daily Digest - International Paper Reports Fourth-Quarter and Full-Year 2003 Earnings

IP Sees 2003 Profit

After 2002 Loss

International Paper has reported 2003 fourth quarter net earnings of $48 million, compared with a net loss of $130 million in fourth ...

35. Archived Article: Daily Digest - Empire Coffee Co.

Empire Coffee Co.

offers morning perk

John Gasquet has moved from working on computers for a coffee company to owning a coffee shop in the heart of Downtown.

Empire Coffee Co. opened in the former Map Room location at 2...

36. Archived Article: Page 3 - Wall Street Deli Wall Street Deli to be franchised by Host Marriott Wall Street Deli Inc. and Host Marriott Services have signed an agreement which authorizes the development of Wall Street Delis in domestic and international airports, toll road pla...

37. Archived Article: Back - Equity Inns agrees to buy 28 Hampton Inns Equity Inns agrees to buy 28 Hampton Inns Equity Inns Inc. has entered agreements to acquire 28 Hampton Inn hotels with an aggregate of 3,487 rooms in 14 states from a series of partnerships controlled by Gr...