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Editorial Results (free)

1. Renshaw Rehabs Spiffs Up Houses To Fetch Bigger Price Tags -

With a recent market uptick, Memphis-area Realtors are having to bring in outside help to get properties ready for sale.

Renshaw Property Management has launched a new division, Renshaw Rehabs, for the purpose of aiding distressed properties.

2. Sales of Senior Living Facilities Up in 2015 -

Mirroring national trends that show an increase in interest by investors in senior living facilities, the number of nursing home/elderly housing facilities that have changed hands is on the rise in Shelby County.

3. Weirich Gets TBI Report On Darrius Stewart Shooting -

The Tennessee Bureau of Investigation delivered a 600-page report Thursday, Aug. 20, to Shelby County District Attorney General Amy Weirich on the July 17 fatal shooting of Darrius Stewart by a Memphis police officer.

4. Leco Realty Credits Success To Hands-On Approach -

Over the past 33 years, Bert Less has weathered many financial storms with his property management company Leco Realty Inc.

5. Outbid on Your Dream House? Just Wait for Deal to Fall Through -

The real estate market remains frenzied with every passing week, with multiple-offer scenarios on numerous listings. As has been noted in this column, these spontaneous sales have often led to buyer’s remorse and, as a result, more terminated contracts than ever before.

6. Durham, Agape Hosting Hickory Hill Job Fair -

Agape Child & Family Services, New Hickory Hill Missionary Baptist Church and Durham School Services will host a community job fair Monday, July 20.

The free event will take place from 10 a.m. to 3 p.m. at New Hickory Hill Church, 6580 East Raines Road.

7. Big Bins -

Joy Williams had an experiment over the Fourth of July weekend to test Memphis’ new 96-gallon recycling bins.

8. Sweet Family Recipe Propels Makeda’s Cookies Expansion -

In its past 16 years of business, Makeda's Homemade Butter Cookies has learned to add a pinch of grit to the classic butter, sugar and flour recipe.

Husband-and-wife team Maurice and Pamela Hill, along with a host of other family members, bake nearly 20 kinds of cookies and cookie-crust pies in the longstanding store at 2370 Airways Blvd.

9. Graceland Hotel Developers File $84 Million Construction Loan -

3600 Elvis Presley Blvd.
Memphis, TN 38116
Loan Amount: $84 million

10. Senior Living Community In Hickory Hill Sells for $10 Million -

Legacy IL Property Co. LLC purchased two properties comprising the Residences at Lenox Park senior living community in Hickory Hill on June 11 for $10 million.

11. Senior Living Community in Hickory Hill Sells for $10M -

Legacy IL Property Co. LLC purchased two properties comprising the Residences at Lenox Park senior living community in Hickory Hill on June 11 for $10 million.

12. Michigan Investor Pays $7.5 Million for Hickory Hill Apartments -

5995 Waterstone Oak Way
Memphis, TN
Sale Amount: $7.5 million

Sale Date: June 11, 2015
Buyer: RoCo-Lakes LLC
Seller: RRE Waterstone Holdings LLC
Loan Amount: $6.2 million
Loan Date: June 11, 2015
Maturity Date: June 11, 2017
Lender: Keybank NA
Details: RoCo-Lakes LLC, a Michigan limited liability company, purchased two parcels comprising The Lakes at Ridgeway Apartments on June 11.

13. The Lakes at Ridgeway Apartments Sell For $7.5M -

RoCo-Lakes LLC, a Michigan limited liability company, purchased two parcels comprising The Lakes at Ridgeway Apartments on June 11.

14. Hickory Hill Retirement Home Sells for $1.2 Million -

FLH Assisted Living Residences LP, a Tennessee limited partnership based in Collierville, purchased the Franklin Park retirement home located at 3393 Kirby Road in Hickory Hill on June 11 for $1.2 million.

15. The Lakes at Ridgeway Apartments Sell for $7.5 Million -

RoCo-Lakes LLC, a Michigan limited liability company, purchased two parcels comprising The Lakes at Ridgeway Apartments on June 11.

16. Eden Square Breaks Ground in Memphis' Hickory Hill -

Marina Cove apartments was known in its 1980s prime for its water features – a set of canals.

And when a crowd of 300 gathered Saturday, May 16, to break ground there for the first phase of the $40 million Eden Square development, a small pond that isn’t in the plans had formed by the tent.

17. Framing a Future -

When a mob of teenagers swept across a parking lot in Poplar Plaza a year ago and set off a difficult civic discussion about crime and race, one of those conversations was in an old fire station in Orange Mound.

18. Greenstein Touts Doug Carpenter & Associates' ‘Connection Factor’ -

Cara Greenstein serves as public relations coordinator of doug carpenter & associates, where she practices her passion for connection through the pen, on the screen and at the table. Equal parts researcher, writer, administrator and collaborator, Greenstein advances social media engagement and helps cultivate relationships between clients, media and the community.

19. Can We Still Be Friends? -

DIVORCE MAY BE BEST. After all, it was a shotgun wedding.

He grew up in an old neighborhood under the shade of old oaks – a big city boy with more ambition than brains, a dreamer always looking past the weeds in his own yard to greener grass. He was fun alright – into good times and great restaurants, live music and funky joints, nights that start with sunsets on the river and end at dawn next to somebody. He spent big, too big. Lived large, too large. And, truth be told, he could be a bit scary and more than a bit grabby.

20. New Questions About Southbrook Mall Renovation -

Late last year, Memphis Mayor A C Wharton Jr. was pushing a town center-type conversion of Whitehaven’s Southbrook Mall.

But Memphis City Council members questioned Tuesday, May 5, whether the Wharton administration’s plan for a town center at the Southbrook Mall site in Whitehaven was set up to fail once the funding reached the mall’s nonprofit board.

21. Council Questions Administration's Intent on Southbrook Mall -

Memphis City Council members questioned Tuesday, May 5, whether the Wharton administration’s plan for a town center at the Southbrook Mall site in Whitehaven was set up to fail.

The reaction came as citizens on the board of the nonprofit organization that owns the mall complained that the terms of $2.1 million in bond money they got for HVAC and roof repairs changed.

22. Events -

Memphis Convention and Visitors Bureau will celebrate National Travel and Tourism Week with a “Party in the Park” Wednesday, May 6, from 11 a.m. to 2:30 p.m. in Court Square, at Main Street and Court Avenue. The event will include food trucks, booths, entertainment, giveaways and more. Visit ilovememphisblog.com.

23. Events -

Southwest Tennessee Community College will host a town hall meeting titled “Workforce Solutions: ‘A Community Imperative’” Wednesday, May 6, from 10:30 a.m. to noon in the Macon Cove Farris Auditorium, 5983 Macon Cove. The meeting will discuss how the U.S. Labor Department’s Trade Adjustment Assistance Community College and Career Training prepares participants for high-wage, high-skill jobs. Cost is free. Email lmudd@southwest.tn.edu for details.

24. Escalation Clause Adds to Real Estate Craziness -

How crazy is it out there (there being the residential real estate market, of course)?

It is wild, and as Kent McMillin, a successful – and busy – loan officer with Farmington Financial says, “Almost every potential buyer finds himself in a predicament.”

25. Memphis Aims to Expand Recycling Efforts -

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

This Earth Day, the City of Memphis has much to celebrate. Over the last several years, we have seen a growing demand for walkable, healthy neighborhoods, vibrant public spaces, access to fresh foods, and energy efficient buildings. As mayor, I have worked to meet this demand and position Memphis to lead by example in environmental sustainability. This work is being recognized nationally as Memphis-Shelby County was recently designated a 4-STAR sustainable community, in the same company as places like Austin, Texas, and Portland, Ore.

26. Wal-Mart Moves Forward With New Supercenter -

6790 Raleigh Lagrange Road
Memphis, TN 38134
Permit Amount: $600,000

Permit Application Date: April 2015
Owner: Wal-Mart Stores Inc.
Tenant: Wal-Mart Stores Inc.
Architect: Carlos Perez
Details: Wal-Mart Stores Inc. is moving forward with plans for a new supercenter near Interstate 40 and Whitten Road.

27. 1 Million New Residents: Where Will They Live? -

At least 1 million people are expected to move to the Nashville region over the next 20 years. Already, the early arrivals have begun to dramatically change the landscape of the suburban counties surrounding the city.

28. Woods at Ridgeway Buyer Files $15.2 Million Loan -

The buyer of the Woods at Ridgeway, an apartment community near the northeast corner of Ridgeway and Knight Arnold roads, filed a $15.2 million loan in association with the recent $18.5 million purchase of the community from an affiliate of Michigan-based ROCO Real Estate.

29. Full-Time Job -

For years, Judge Larry E. Potter has had to juggle a challenging court docket that included thousands of traffic citations and animal abuse cases along with the blight and neglect cases typically associated with the court.

30. The Woods at Ridgeway Sells for $18.5 Million -

The Woods at Ridgeway, an apartment community at the northeast corner of Ridgeway and Knight Arnold roads, has sold for $18.5 million to an affiliate of Michigan-based ROCO Real Estate.

Roco-Woods LLC bought the Class C property, which has about 550 units, from RRE Wyndridge Holdings LLC, according to a March 26 warranty deed.

31. Collins Plots Different Course for Memphis Mayoral Bid -

Backers of Memphis mayoral contender Harold Collins are referring to his campaign as a crusade in which incumbent Mayor A C Wharton Jr. and Collins’ City Council colleague Jim Strickland may have claimed most of the contributions and support of business leaders.

32. Collins Enters Mayor’s Race -

Memphis City Council member Harold Collins, as expected, is in the race for Memphis mayor on the October ballot.

33. Woods at Ridgeway Apartments Sell for $18.5 Million -

6277 Lake Arbor Drive and 6206 Knight Arnold Road
Memphis, TN 38115
Sale Amount: $18.5 million

34. The Woods at Ridgeway Sells for $18.5 Million -

The Woods at Ridgeway, an apartment community at the northeast corner of Ridgeway and Knight Arnold roads, has sold for $18.5 million to an affiliate of Michigan-based ROCO Real Estate.

Roco-Woods LLC bought the Class C property, which has about 550 units, from RRE Wyndridge Holdings LLC, according to a March 26 warranty deed.

35. Hickory Hill’s Eden Square Ready for Takeoff -

Five years after the city bulldozed away any trace of the old Marina Cove apartment complex in Hickory Hill and gave the land to a community development corporation, Power Center Academy is about to break ground on what is called the Eden Square development.

36. Collins Won't Seek Re-election -

Memphis City Council member Harold Collins will not be running for re-election to the council this year even if he doesn’t run for Memphis Mayor.

37. New Tigers Indoor Football Facility Nears Kick-Off -

1115 E. Getwell Loop
Memphis, TN 38152
Permit Amount: $15 million

Permit Application Date: March 2015
Architect: Fleming Architects
Contractor: Grinder, Taber & Grinder Inc.
Details: The long-awaited goal of an indoor practice facility for the University of Memphis football team is becoming a reality.

38. California Group Buys Memphis Storage Business -

A California-based national operator of storage facilities has acquired a Hickory Hill mini-storage facility for $3.4 million.

Westport Memphis Self storage LLC, which is affiliated with Irvine, Cali.-based U.S. Storage Centers Inc., acquired the storage facility at 3455 Hickory Hill Road from Hickory Hill Self Storage LLC, according to a March 9 warranty deed.

39. California Group Buys Memphis Storage Business -

A California-based national operator of storage facilities has acquired a Hickory Hill mini-storage facility for $3.4 million.

Westport Memphis Self storage LLC, which is affiliated with Irvine, Cali.-based U.S. Storage Centers Inc., acquired the storage facility at 3455 Hickory Hill Road from Hickory Hill Self Storage LLC, according to a March 9 warranty deed.

40. Highland Row Developer Approved for $11 Million Permit -

395 S. Highland St.
Memphis, TN 38111
Permit Amount: $11 million

Project Cost: $61 million
Permit Approval Date: March 2015
Owner: Highland Row LLC
Contractor: Milhaus Construction LLC
Details: The developer of the mixed-use Highland Row project won approval for an $11 million building permit from the city-county Office of Construction Code Enforcement.

41. Hickory Hill Nightclub Remains Closed As Nuisance -

A Hickory Hill nightclub where undercover police officers allegedly bought marijuana – and with a history of recent violence including a murder – remained closed as the week began.

A-Game Bar and Grill, 6642 Winchester Road, near Kirby Parkway, was closed under terms of a court order from General Sessions Environmental Court Judge Larry Potter declaring it a nuisance.

42. California REIT Buys Two Apartment Complexes -

A Los Angeles-based real estate investment company has acquired two Memphis apartment complexes for $17 million.

LMREC CDO I Reo XI Inc., which is affiliated with L.A.-based Latitude Management Real Estate Investors Inc., bought the 300-unit apartment complex at 5246 Raleigh Lagrange Road from MPI English Village LLC, which is affiliated with Atlanta-based Miles Properties Inc., for $9.2 million, according to a Feb. 23 special warranty deed in lieu of foreclosure.

43. Memphis Industrial Portfolio Sells for $86.3 Million -

A Minnesota-based real estate investment trust has acquired a large Memphis industrial portfolio for $86.3 million, one of the largest transactions ever recorded in the Memphis market.

Welsh Property Trust acquired the six-building, 2.3 million-square-foot portfolio from DCT Industrial Trust in a sale that was finalized last week. Built between 1998 and 2001, the six buildings are located in the Eastpark, Chickasaw and Southpoint Industrial Parks. The purchase price breaks down to about $37 per square foot.

44. Memphis Industrial Portfolio Sells for $82.6 Million -

A Minnesota-based real estate investment trust has acquired a large Memphis industrial portfolio for $82.6 million, one of the largest transactions ever recorded in the Memphis market.

Welsh Property Trust acquired the six-building, 2.3 million-square-foot portfolio from DCT Industrial Trust in a sale that was finalized last week. Built between 1998 and 2001, the six buildings are located in the Eastpark, Chickasaw and Southpoint Industrial Parks. The purchase price breaks down to about $37 per square foot.

45. Hickory Hill Nightclub Remains Closed As Nuisance -

A Hickory Hill nightclub where undercover police officers allegedly bought marijuana – and with a history of recent violence including a murder – remained closed as the week began.

A-Game Bar and Grill, 6642 Winchester Road, near Kirby Parkway, was closed under terms of a court order from General Sessions Environmental Court Judge Larry Potter declaring it a nuisance.

46. Brewery Developers Buy Site for New Apartment Building -

11 Butler Ave.
Memphis, TN 38103
Sale Amount: $1.25 million

Sale Date: Feb. 23, 2015
Buyer: 495 Tennessee LLC
Seller: BCH Investments LLC
Details: The team behind the development of the historic Tennessee Brewery has acquired a key piece of property adjacent to the long-vacant structure as plans for the new Tennessee Brewery: The Revival series of events there move forward.

47. Gestalt Renews Plans for Hickory Hill School -

A new Power Center Academy middle school in Hickory Hill near or on the footprint of the old Marina Cove Apartments moved a step closer to reality with Gestalt Community Schools applying for a $7 million building permit to build a 40,147-square-foot middle school at 5449 Winchester Road.

48. Gestalt Renews Plans for Hickory Hill School -

A new Power Center Academy middle school in Hickory Hill near or on the footprint of the old Marina Cove Apartments moved a step closer to reality with Gestalt Community Schools applying for a $7 million building permit to build a 40,147-square-foot middle school at 5449 Winchester Road.

49. Gestalt Renews Hickory Hill School Plans -

A new Power Center Academy middle school in Hickory Hill near or on the footprint of the old Marina Cove Apartments moved a step closer to reality with Gestalt Community Schools applying for a $7 million building permit to build a 40,147-square-foot middle school at 5449 Winchester Road.

50. Developer Charlie Ryan Focusing on Central-Cooper Intersection -

765 Tanglewood St.
Memphis TN 38104
Sale Amount: $27,000

Sale Date: Feb. 9, 2015
Buyer: Charles S. “Charlie” Ryan
Seller: Cowles Development Company LLC
Details: Developer Charles S. “Charlie” Ryan has acquired a key piece of Midtown property.

51. Napa Auto Parts Store Sells for $1.4 Million -

A Hickory Hill auto parts store has been sold for $1.4 million.

California-based El El Sea LLC, operating in care of Atlanta-based Genuine parts Co., acquired the Napa Auto Parts store at 3505 Ridgeway Road from GP Memphis TN Landlord LLC, according to a Feb. 3 warranty deed.

52. Hickory Hill Napa Auto Parts Store Sells for $1.4 Million -

A Hickory Hill auto parts store has been sold for $1.4 million.

California-based El El Sea LLC, operating in care of Atlanta-based Genuine parts Co., acquired the Napa Auto Parts store at 3505 Ridgeway Road from GP Memphis TN Landlord LLC, according to a Feb. 3 warranty deed.

53. This Week in Memphis History: February 13-19 -

2005: Molson Coors Brewing Co. announced it would close its Memphis brewery in Hickory Hill in 2007 as a result of the Canadian company’s merger with Adolph Coors Co. of Colorado. At the time, the brewery and bottling plant employed 410 people. The phase-out was to begin in the second half of 2005. Today the brewery is known as Blues City Brewery, a part of City Brewing of Latrobe, Wis., producing beers and other beverages under numerous brand names.

54. Business Licenses Drop 6 Percent In Fourth Quarter -

The Shelby County Clerk’s Office issued 1,083 business licenses in the fourth quarter of 2014, according to The Daily News Online, www.memphisdailynews.com.

This represented a 5.9 percent decline from the 1,151 licenses issued in 2013.

55. Business Licenses Rise 9.1 Percent In 2014 -

The Shelby County Clerk’s Office was busier in 2014, with 5,847 business licenses issued – a 9.1 percent increase from 2013 when there were 5,361 licenses issued.

The licenses include both new and renewals. The 5,847 total included 5,618 licenses originating in Tennessee, according to The Daily News Online, www.memphisdailynews.com.

56. Fourth-Quarter Bankruptcies Reflect Continued Drop -

Bankruptcies in Shelby County dropped below the 3,000 mark in the last quarter of 2014 after being just above it in the third quarter.

The 2,634 bankruptcies filed from Oct. 1 to Dec. 31 compare to 3,135 filings from July 10 to Sept. 30.

57. Bankruptcies Dip Below 12,000 in 2014 -

Reflecting a national trend, Shelby County recorded a 7 percent drop in bankruptcies in 2014 compared to the previous year.

And the number of bankruptcies across the 33 Shelby County ZIP codes in 2014 was also down from 2013 and 2012 in each of the three types of bankruptcy chapters, according to The Daily News Online, memphisdailynews.com.

58. $42 Million Permit Filed For Target Fulfillment Center -

5461 Davidson Road
Memphis, TN 38118
Permit Amount: $42 million

59. Hickory Hill Retail Center Fetches $1.6 Million -

A Hickory Hill shopping center has been sold for $1.6 million.

GG Memphis Investments LLC acquired the Kirby Parkway Center at 6433 Winchester Road from Hickory Ridge 178 LLC, an affiliate of Palm Beach Gardens, Fla.-based Ram Realty Services, according to a Jan. 8 warranty deed. The registered agents for the buyer are Amit Gulati and Ajay Gulati, according to public records.

60. This week in Memphis history: January 23-29 -

2014: Sharp Corp. executives announced the company would end the production of solar panels at its Memphis plant effective in March with the loss of 300 of the 450 jobs at the Hickory Hill facility.

61. Hickory Hill Retail Center Fetches $1.6 Million -

A Hickory Hill shopping center has been sold for $1.6 million.

GG Memphis Investments LLC acquired the Kirby Parkway Center at 6433 Winchester Road from Hickory Ridge 178 LLC, an affiliate of Palm Beach Gardens, Fla.-based Ram Realty Services, according to a Jan. 8 warranty deed. The registered agents for the buyer are Amit Gulati and Ajay Gulati, according to public records.

62. Executive Inn Demolition Long Time Coming -

The old Executive Inn hotel on Airways Boulevard where Brooks Road dead ends is the latest problem vacant property to be demolished and touted by Memphis Mayor A C Wharton Jr. as another step in his administration’s anti-blight effort.

63. Southwest Tennessee Grows With Demand -

For Nathan Essex, the president of Southwest Tennessee Community College, his tenure has been a series of changes.

It was Essex who presided over the merger of Shelby State Community College and State Technical Institute in the late 1990s, before he was appointed president of the resulting Southwest Tennessee Community College in 2000.

64. The Preserve at Southwind Sells for $28 Million -

7991 Capilano Drive
Memphis, TN 38125
Sale Amount: $28 million

Sale Date: Dec. 22, 2014
Buyer: Southwind Apartments LP
Seller: G&I VII Preserve at Southwind Apartments LP
Loan Amount: $18 million
Loan Date: Dec. 18, 2014
Maturity Date: Oct. 31, 2020
Lender: Jackson National Life Insurance Co.
Details: A team that includes Memphis-based Foegelman Venture Partners has sold The Preserve at Southwind apartment community for $28 million.

65. Anixter Seeks Permit for Distribution Center -

Anixter International Inc. is poised to make improvements to its new Memphis distribution center.

66. REIT Buys Distribution Center for $14.5 Million -

A large distribution center in Southeast Memphis has traded hands for $14.5 million, and it’s another out-of-state real estate investment trust doing the buying.

Crown Memphis Associates LLC sold the distribution center at 4836 Hickory Hill Road to SIR Properties Trust, an affiliate of Massachusetts-based Select Income REIT, according to a Dec. 23 warranty deed. Select Income REIT primarily owns properties that are net leased to single tenants. Around 35 percent of SIR’s rents are from land the company owns in Hawaii that is under long term lease to clients with the remaining revenues coming from single-tenant office and industrial properties across the U.S.

67. Building the Base -

It was late September, and local officials were deeply engaged with retail giant Target as the company explored investing in an online fulfillment center in Memphis when the discussions turned toward a familiar subject.

68. REIT Buys Distribution Center for $14.5 Million -

A large distribution center in Southeast Memphis has traded hands for $14.5 million, and it’s another out-of-state real estate investment trust doing the buying.

Crown Memphis Associates LLC sold the distribution center at 4836 Hickory Hill Road to SIR Properties Trust, an affiliate of Massachusetts-based Select Income REIT, according to a Dec. 23 warranty deed. Select Income REIT primarily owns properties that are net leased to single tenants. Around 35 percent of SIR’s rents are from land the company owns in Hawaii that is under long term lease to clients with the remaining revenues coming from single-tenant office and industrial properties across the U.S.

69. Fogelman Affiliate Files Loan on Former Cozymel’s Site -

6450 Poplar Ave.
Memphis, TN 38119
Loan Amount: $6.1 million

Loan Date: Dec. 17, 2014
Maturity Date: Jan. 1, 2023
Borrower: Crown Centre LLC
Lender: Financial Federal Bank
Details: A company affiliated with Robert F. Fogelman II has filed a loan on a key piece of East Memphis land.

70. Anixter Seeks Permit For Distribution Center -

Anixter International Inc. is poised to make improvements to its new Memphis distribution center.

71. 26 Industrial Properties Facing Foreclosure -

The company that purchased Farnsworth Investment Co.’s industrial portfolio in 2005 has defaulted on a $69 million loan, and now 26 of its properties are facing foreclosure, according to a first-run foreclosure notice in the Friday, Dec. 12, edition of The Daily News.

72. 26 Industrial Properties Facing Foreclosure -

The company that purchased Farnsworth Investment Co.’s industrial portfolio in 2005 has defaulted on a $69 million loan, and now 26 of its properties are facing foreclosure, according to a first-run foreclosure notice in the Friday, Dec. 12, edition of The Daily News.

73. ReStoring Hope -

The Habitat for Humanity of Greater Memphis ReStore is feeling the holiday love.

The store’s November “Go North ReStock the ReStore” event brought in a large number of donations and the Hickory Hill store recorded $10,673 in sales the day of the event, the store’s biggest day of sales so far this fiscal year. In addition, November Web traffic was more than double that of November 2013.

74. Shelby County Home Sales Slow in November -

After an unusually strong October for home sales, activity in Shelby County cooled in November.

Memphis and Shelby County home sales were down 7.8 percent in November, with 1,034 sales recorded for the month, compared with 1,115 recorded in November 2013, according to real estate information company Chandler Reports, www.chandlerreports.com.

75. Anixter Moving Memphis Distribution Operations -

A leading supplier of communications and security products, electrical and electronic wire and cable, fasteners and other small components is relocating to a new Memphis distribution center.

Anixter International Inc., which is based in the Chicago area, has leased 100,000 square feet at 4001 Hickory Hill Road inside Memphis Distribution Center. Anixter will be relocating from 4580 S. Mendenhall Road, where DDN is expanding.

76. CWCapital Sheds Willow Lake Buildings -

3900, 4100 Willow Lake Blvd.
Memphis, TN 38118
Sale Amount: $1.9 million

77. Willow Lake Building Sold for $1.9 million -

Another building inside Willow Lake Business Park and Corporate Park in Hickory Hill has been sold for $1.9 million.

Willow Lake Business Park LLC acquired 3592 Willow Lake Blvd. from 198-6 Memphis Industrial Portfolio Holdings LLC, which is affiliated with Bethesda, Md.-based special servicer CWCapital Asset Management, according to an Oct. 13 warranty deed.

78. Two Willow Lake Buildings Sold for $1.9 Million -

Two buildings inside Willow Lake Business Park and Corporate Park in Hickory Hill have been sold for $1.9 million.

Eagle Capital LLC acquired 3900 Willow Lake Blvd. and 4100 Willow Lake Blvd. from 198-6 Memphis Industrial Portfolio Holdings LLC, which is affiliated with Bethesda, Md.-based special servicer CWCapital Asset Management LLC, according to an Oct. 13 warranty deed.

79. Business Licenses Up 13.2 Percent Year to Date -

Year to date, business licenses are ahead of 2013’s pace but there were fewer licenses issued through the Shelby County Clerk’s Office in the third quarter of 2014 than from the same period in 2013.

80. Ben Little's: Service Station Service in Self-Serve World -

The gentle soul who used to get his hair cut by an Everly Father a couple of doors down – and who pumped 100 percent pure gas to keep country immortal Ernest Tubb movin’ on – has enjoyed the last four-plus decades next to what used to be called Hailey’s Shopping Center.

81. Acura of Memphis Owner Buys Dealership, Land -

2611 Ridgeway Road, 6055-6085 Acura Cove
Memphis, TN 38119
Sale Amount: $12.4 million

82. Silver Lining -

Fueled by a steep drop in bank sales, Shelby County home sales slowed slightly in the third quarter compared to the same three-month period in 2013.

There were a total of 486 bank sales in the quarter, as opposed to 752 in the same period last year, a decrease of 35 percent, according to real estate information company Chandler Reports, www.chandlerreports.com.

83. Hickory Hill Warehouse Sells for $1.6 Million -

ARCP Acquisitions LLC has paid $1.6 million for the 14,650-square-foot warehouse at 4517 S. Mendenhall Road in Hickory Hill, marking the second time the property has sold in three months.

84. Hickory Hill Warehouse Sells for $1.6 Million -

ARCP Acquisitions LLC has paid $1.6 million for the 14,650-square-foot warehouse at 4517 S. Mendenhall Road in Hickory Hill, marking the second time the property has sold in three months.

85. Harold Ford Funeral Home Files Construction Loan -

1670 Sycamore View Road
Memphis, TN 38134
Loan Amount: $2.6 million

Loan Date: Sept. 4, 2014
Maturity Date: N/A
Borrower: Harold Ford Sycamore View LLC and Serenity Columbarium and Memorial Gardens LLC
Lender: Regions Bank
Details: The Harold Ford Funeral Chapel at 1670 Sycamore View Road in Northeast Memphis has filed a $2.6 million construction loan on the property.

86. Cordova Chuck E. Cheese’s Sells for $4.2 Million -

The 14,305-square-foot Chuck E. Cheese’s restaurant at 1636 N. Germantown Parkway in Cordova has sold for $4.2 million.

87. Shelby County Home Sales Down 28 Percent in August -

Shelby County home sales plummeted in August when compared to the same month last year. Realtors sold 1,235 homes in Shelby County in August, down a staggering 28 percent from 1,705 home sales in August 2013, according to real estate information company Chandler Reports, chandlerreports.com.

88. Indmar Marine Engines Files Expansion Permit -

5400 Old Millington Road
Unincorporated Shelby County
Permit Cost: $2 million

89. Hot Yoga Plus Expands in Memphis -

Hot Yoga Plus, a Nashville-based yoga concept, is opening a second Memphis area location.

Hot Yoga Plus, founded by Memphian Susannah Herring, has signed a 2,015-square-foot lease at 9037 Poplar Ave. in Germantown. The new store is expected to open this fall and follows the original Memphis location in Laurelwood.

90. Hot Yoga Plus Expands in Memphis -

Hot Yoga Plus, a Nashville-based Yoga concept, is opening a second Memphis area location.

Hot Yoga Plus, founded by Memphian Susannah Herring, has signed a 2,015-square-foot lease at 9037 Poplar Ave. in Germantown. The new store is expected to open this fall and follows the original Memphis location in Laurelwood.

91. Germantown Plaza Sells for $925,000 -

The 14,400-square-foot Germantown Plaza strip retail center at 3695 Riverdale Road in Hickory Hill has sold for the second time in about five months.

92. Central Defense Security Enhances Camp Program -

Central Defense Security has enhanced its yearly summer camp program for Memphis children.

The company, a leading provider of business, retail and warehouse security, teamed up with the City of Memphis Division of Parks and Neighborhoods for the third straight year to support the program, and the company sponsored more than 130 campers at 10 camps around the city.

93. Central Defense Security Enhances Camp Program -

Central Defense Security has enhanced its yearly summer camp program for Memphis children.

The company, a leading provider of business, retail and warehouse security, teamed up with the City of Memphis Division of Parks and Neighborhoods for the third straight year to support the program, and the company sponsored more than 130 campers at 10 camps around the city.

94. Supreme Court Retention Clash Likely to Continue -

Both sides declared victory when the three Tennessee Supreme Court justices were retained by voters in the Thursday, Aug. 7, statewide judicial elections.

The votes to retain or replace Chief Justice Gary Wade and Justices Sharon Lee and Cornelia Clark ended with all three being retained for an eight-year term.

95. Shelby County Home Sales, Prices Dip in July -

From 2008 to 2012, bank sales – or foreclosure sales – propped up what was an otherwise crumbling real estate market.

After several years of historically high bank sales, that inventory has finally thinned out and their months-long decline is impacting overall sales figures, according to several Memphis-area Realtors.

96. New Life for Old Malls -

Since 1957, when the first modern, fully enclosed shopping mall was built in Edina, Minnesota, shopping became an American pastime. New shopping malls changed the landscape in communities across the country at the rate of 140 a year.

97. Supreme Court Justices Make Campaign Push -

Among the candidates going door to door in Memphis this summer looking for votes was a Tennessee Supreme Court justice.

Sharon Lee, one of three justices seeking re-election in the yes-no retention races on the August ballot, campaigned Saturday, July 19, in Hickory Hill.

98. Knowledge Tree Buys Cordova Retail Center -

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

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

99. Business Licenses Up 26 Percent in Second Quarter -

The last three months proved to be a healthy period for the local business climate.

Business licenses issued by the Shelby County Clerk’s Office in the second quarter of 2014 spiked 25.7 percent from the same period in 2013, according to The Daily News Online, www.memphisdailynews.com.

100. Multi-Building Office Complex Sells for $1.6 Million -

The 49,555-square-foot, multiple-building office complex at 2893 S. Mendenhall Road in Hickory Hill North has sold for $1.6 million.