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Editorial Results (free)

1. Local Investment Group Files $11.4 Million Loan -

Radiant Group of Properties LLC filed an $11.4 million loan with BancorpSouth Bank on June 14 for 14 of its retail properties around Memphis and Shelby County.

2. Real Estate Pros Upbeat -

After finally latching on to the broader national economic recovery in 2013, the Memphis-area commercial real estate market shook of the last vestiges of the Great Recession and roared back to life in 2014 with the office, retail, industrial and apartment sectors all producing solid gains.

3. Paragon Bank Closes the Book on Busy 2014 -

Paragon Bank has closed the book on 2014, an active year for the bank with milestones that included, among other things adding a wealth solutions team, executing new leases for two banking centers and forming a small business capital group.

4. European Cruise Giant Viking Plans Mississippi River Tours -

NEW ORLEANS (AP) – European river cruise giant Viking, already gaining a high profile in the United States with its sponsorship of popular PBS television shows, announced Tuesday that it will make New Orleans its first North American home port for Mississippi River cruises expected to begin by late 2017.

5. Saving for Retirement: Obama Proposal Sets Up Wall Street Fight -

WASHINGTON (AP) – Tapping the anxieties of aging baby boomers, President Barack Obama on Monday called for tougher standards on brokers who manage retirement savings accounts, a change that could affect the investment advice received by many Americans and aggravate tensions between the White House and Wall Street.

6. Council Critical of Wharton Debt Restructuring -

First reviews from Memphis City Council members Tuesday, Feb. 17, to Memphis Mayor A C Wharton’s plan to restructure the city’s debt payments were harsh and skeptical.

Wharton wasn’t present in council committee sessions Tuesday as council member Jim Strickland played audio of Wharton in 2010 telling council members that the restructuring of city debt then was a “plain vanilla” transaction.

7. New Entrepreneurship Group Taps First President -

The Memphis Bioworks-led entrepreneurship initiative EPIcenter has tapped a nationally recognized entrepreneurship and business development leader to serve as its first president.

Leslie Lynn Smith comes to the job after five years as president and CEO of TechTown Detroit. She'll also serve as a vice president on the Bioworks executive team.

8. Memphis Leading Cities In Women-Led Startup Programs -

As a female serial entrepreneur, I experienced firsthand both the challenges and the opportunities of building a technology startup as a woman.

I started my entrepreneurial journey in 2004 and in 2013 joined Start Co. as an entrepreneur-in-residence because of the community’s focus on inclusion and empowerment of women. With the support of LaunchTN, City of Memphis, Assisi Foundation, FedEx, Start Co. Angels, and local partners like Baker Donelson, archer-malmo, The Marston Group and others, as a community we can see the impact and success of our acceleration and inclusion programs for women.

9. Alternative Ending -

The city of Memphis secured $6.7 million in federal funding last week to improve and rehab public housing.

Meanwhile, the city’s application for a much larger federal grant to demolish the city’s last large public housing development was making the rounds at the federal Department of Housing and Urban Development.

10. Crosstown Crossroads -

Richard Spore and his colleague at the Memphis office of the Bass Berry & Sims law firm have worked on several ambitious, game-changing projects like the transformation of Overton Square and Bass Pro Shops’ redevelopment of The Pyramid.

11. ‘Government’s Too Big and People are Sick of It’ -

Knox County Mayor Tim Burchett is an enigma of the modern civil servant, a career politician who doesn’t seem to take himself too seriously. He thinks he’s paid too much (his salary is state mandated) and brings it up often in interviews with the media.

12. Assessor Allegations Dismissed as ‘Baseless’ -

An anonymous ethics complaint against Shelby County Assessor Cheyenne Johnson in January included lots of documents and lots of allegations.

But whoever filed the complaint with the county’s ethics officer missed a crucial detail in making the allegation that Johnson supposedly forged her son’s name on documents for properties owned by Faith Investment Group LLC.

13. US Factories Grew in December at Slowest Pace in a Year -

US factories expanded last month at the slowest pace in a year, as orders, production, and hiring all declined. The figures suggested manufacturing may not add much to growth in the first few months of 2015.

14. Shelby Farms Conservancy Seeks $7.2 Million in Permits -

6093 N Patriot Lake Blvd.
415 E. Patriot Lake Blvd.
Memphis, TN 38118
Permit Amount: $7.2 million

15. Super Bowl Ad Winners and Losers -

Think there was only one big game on Super Bowl Sunday? A typical NFL game has only 11 minutes of actual “game action” compared to 63 minutes of commercials, according to The Wall Street Journal. With 30 seconds of commercial airtime going for $4.5 million this year, it is clear that Super Bowl advertising is serious business, making for an equally interesting off-the-field game unfolding when the clock stops.

16. Airport Business Park Sells for $4.7 Million -

A group affiliated with a Dallas-based commercial real estate financing company has acquired Airport Business Park at a significant discount.

CRE ABP Memphis LLC, which is affiliated with Dallas-based Gearing Capital Partners Inc., bought Airport Business Park from Allegiance Realty Corp. for $4.7 million, according to a Jan. 21 warranty deed.

17. Wharton Administration No Show At Fairgrounds Forum -

No one from the administration of Memphis Mayor A C Wharton Jr. showed up Wednesday, Jan. 28, for a public forum on Wharton’s still-developing plan for the redevelopment of the Mid-South Fairgrounds.

18. Airport Business Park Sells for $4.7 Million -

A group affiliated with a Dallas-based commercial real estate financing company has acquired Airport Business Park at a significant discount.

CRE ABP Memphis LLC, which is affiliated with Dallas-based Gearing Capital Partners Inc., bought Airport Business Park from Allegiance Realty Corp. for $4.7 million, according to a Jan. 21 warranty deed.

19. Airlines Expect Another Big Year With Help From Cheaper Fuel -

DALLAS (AP) – Leaders of United and Southwest gave an upbeat forecast for 2015 that combined strong travel demand and cheaper fuel. Airline stocks soared on Thursday.

The price of jet fuel has dropped by about half since September, boosting airline profits and tamping down fear that global economic weakness could hurt the carriers. Analysts expect all four of the biggest U.S. airline operators to post bigger profits this year than in 2014.

20. Raymond James Tower Fetches $20 Million -

How much is a 21-story skyscraper overlooking the Mississippi River worth? About $1 million a floor.

New York-based investor Jacob Sofer will pay Parkway Properties around $20 million for the Raymond James Tower at 50 N. Front St. Downtown, according to several people with knowledge of the transaction. The Shelby County Assessor of Property’s 2014 appraisal for the 340,000-square-foot building is $24 million.

21. Millennial Challenge: Do I Rent or Do I Own? -

Mike Smalling is a mortgage loan originator with F&M Mortgage and is a lifer in mortgage lending. He recently penned a book entitled “Your Mortgage Matters,” and the work provides information for those new to home buying, as well as those that have bought and sold numerous homes.

22. Hitting the Accelerator -

Five years after the Great Recession rocked the nation and nearly destroyed auto manufacturing in Tennessee, the Midstate’s industry is booming again.

Nissan’s growth is no small part of that, largely because of the company’s confidence in the state of Tennessee and Gov. Bill Haslam, according to José Muñoz, executive vice president of Nissan Motor Co. and chairman of Nissan North America, which is headquartered in Franklin.

23. What We Can All Learn From Techies -

Sunday night, when most of us were relaxing and watching the Golden Globe Awards, I received a text from a friend. It said, “I spent some time today figuring out a new video software.” And, it had a link to a fun short video.

24. Start Co. Teams With Innova Memphis -

Start Co. has a new partner that’s bringing new funding with them to bolster the venture development organization’s efforts.

25. Obama Renews Push for Paid Leave for Working Parents -

BALTIMORE (AP) – President Barack Obama on Thursday renewed his push for paid leave for parents and other workers, saying he's astonished that so many people don't get paid sick leave.

26. Youth Take Charge of Ignite Memphis Event -

Ignite Memphis is a popular event young professionals typically pack each time it’s held, in addition to participating as speakers. The events revolve around a group of people making slide-based presentations about any topic they want, featuring whatever they want to say about anything they think can hold a crowd’s interest.

27. New York Investor to Buy Raymond James Tower -

A New York-based investor is under contract to purchase the Raymond James tower on Front Street Downtown, one of the most recognizable office buildings in the city.

28. City Officials Ponder Macy’s Whitehaven Exit -

Memphis officials say they were blindsided by the announcement from Macy’s that it was closing its store at Southland Mall in Whitehaven and hope they can prevent more retailers from closing inner city locations.

29. Tennessee Named Top State for Economic Development -

A leading national publication focused on site selection and economic development has named Tennessee its 2014 State of the Year for a second consecutive year.

Tennessee becomes the first state to win the Business Facilities magazine award for economic development efforts in back-to-back years and the first state to win the designation three times.

30. Concerns Raised About Ikea Incentives -

Some city of Memphis officials are concerned that offering tax incentives to Swedish furniture retailer Ikea could set a dangerous precedent, one that could open the door for other retailers, including large mall owners, to seek the tax breaks.

31. Creative Destruction -

For about three years Veronica Skinner called the two-story, 24-unit apartment building at 480 Tillman St. in the Binghampton neighborhood home.

32. Tennessee Named Top State for Economic Development -

A leading national publication focused on site selection and economic development has named Tennessee its 2014 State of the Year for a second consecutive year.

Tennessee becomes the first state to win the Business Facilities magazine award for economic development efforts in back-to-back years and the first state to win the designation three times.

33. 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.

34. Memphis Industrial Market Rebounds in 2014 -

The upswing in the industrial real estate sector that started in 2012 and gained momentum in 2013 continued in 2014 and the Memphis market, fueled by several large transactions late in the year, should top 2013's level of around 3.2 million square feet of absorption.

35. 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.

36. Bioworks Helped Spur Memphis Economy in 2014 -

In a variety of ways, the biosciences industry in Memphis helped lead the way in 2014 in terms of job creation and laying a foundation for economic growth in the future.

About that groundwork for growth to come, for example, the Memphis Bioworks Foundation got tapped early in 2014 to lead a new entrepreneurship venture in the city called The EPIcenter, with the goal of creating 1,000 entrepreneurs and 50 companies in the city over the next decade.

37. Memphis Resolutions -

The end of the year hastens a season of resolutions about the year ahead, resolutions about what to include on the blank canvas of a new year.

No matter who you are, the road to 2015 starts at the same place – through the experience of 2014. With that in mind, we surveyed many of the people we’ve covered in these pages in the last year to talk about the possibilities ahead.

38. US Economy Accelerates, Helps Lift Dow Above 18,000 -

WASHINGTON (AP) – A surge in U.S. economic growth lifted stocks Tuesday to record highs and showed that the United States is putting distance between itself and struggling economies around the world.

39. US Companies Eager to Embrace Cuba Face Hurdles -

WASHINGTON (AP) – Cargill aims to sell more corn and soybeans. MasterCard covets another site for Americans to swipe credit cards. Marriott sees beachfront property that needs hotels.

And outside Orlando, Florida, Danny Howell just knows there would be demand for his classic Chevrolet parts.

40. Paragon Turns In Positive Third Quarter -

Partly driven by an uptick in loans, Memphis-based Paragon Bank turned in another positive showing during the third quarter, with year-to-date pre-tax earnings 35 percent higher than in the first three quarters of 2013, the bank said.

41. Fed Proposing Big US Banks Boost Capital Buffers -

WASHINGTON (AP) – Federal regulators are proposing that the eight biggest U.S. banks be required to further increase the amount of capital they set aside to cushion against unexpected losses.

42. DeSoto Sears Distribution Center Up For Lease -

Struggling retailer Sears says it remains committed to the Memphis market despite that its 800,000-square-foot distribution center in Olive Branch is being marketed for lease.

Exeter Property Group recently began marketing the once-powerful retailer’s massive distribution center at 10425 Ridgewood Drive in Olive Branch for lease, a signal to some local real estate officials that Sears – which is facing significant financial and market headwinds – could be closing the center.

43. Kemmons Wilson Cos. Announces New Leaders -

Kemmons Wilson Cos., a family-run business started by Holiday Inn Hotels founder Kemmons Wilson, has announced a new leadership team.

Spence Wilson Jr., Kemmons Wilson III, McLean Wilson and Webb Wilson – all grandsons of Kemmons Wilson – are now principals of the firm. The previous second-generation family leadership group, Spence Wilson Sr., Robert Wilson, and Kemmons Wilson Jr., will remain members of the board of directors.

44. Next Generation Takes Helm of Kemmons Wilson Cos. -

A new leadership team has taken the reins at Kemmons Wilson Cos., the family-run business started by Holiday Inn founder Kemmons Wilson.

Spence Wilson Jr., Kemmons Wilson III, McLean Wilson and Webb Wilson – all grandsons of Kemmons Wilson – are now principals of the firm. The previous second-generation family leadership group, Spence Wilson Sr., Robert Wilson, and Kemmons Wilson Jr., will remain members of the board of directors.

45. More US CEOs Plan to Boost Hiring in Next 6 Months -

WASHINGTON (AP) – Chief executives at the largest U.S. companies expect sales to keep growing in the next six months and also plan to step up hiring.

The Business Roundtable said Tuesday that 40 percent of its member CEOs plan to hire more workers, up from 34 percent in the third quarter. Nearly three-quarters project their sales will rise, roughly the same as the previous quarter.

46. Victorian Village Homes See Demand -

A new single-family residential project in the heart of Victorian Village is doing very well, thank you very much.

Five of the eights lots inside Planters Row II, a unique master planned community on Jefferson Avenue in Victorian Village between the Medical Center and Downtown core, are already optioned or under contract after the first day of sales, according to Scott Blake, president of Design 500 Inc.

47. US Factory Growth Slips in November But Still Healthy -

WASHINGTON (AP) – U.S. factories were slightly less busy in November, as production and hiring slowed, though the level of activity remained strong.

The Institute for Supply Management, a trade group of purchasing managers, said Monday that its manufacturing index slipped to 58.7 last month from 59 in October. Any reading above 50 signals expansion. October's figure matched a three-year high reached in August.

48. Paragon Bank Launches Wealth Solutions Division -

Paragon Bank has formed a wealth solutions division, a group of six led by president and managing director Dan Overbey, in a move beyond its traditional banking services to offer a new suite of products to customers.

49. Paragon Bank Launches Wealth Solutions Division -

Paragon Bank has formed a wealth solutions division, a group of six led by president and managing director Dan Overbey, in a move beyond its traditional banking services to offer a new suite of products to customers.

50. Paragon Bank Launches Wealth Solutions Group -

Paragon Bank has formed a wealth solutions division, a group of six led by president and managing director Dan Overbey, in a move beyond its traditional banking services to offer a new suite of products to customers.

51. Elvis Presley Enterprises Seeks $70 Million Building Permit for Hotel -

3600 Elvis Presley Blvd.
Memphis, TN 38116
Permit Amount: $70 million

52. Wunderlich Adds to Equity Capital Markets -

The last few weeks have been a time of expansion and growth for Memphis-based investment firm Wunderlich Securities Inc.

53. Highland Row Developer Applies for $6.7 Million Permit -

387 S. Highland St.
Memphis, TN 38111
Permit Amount: $6.7 million

Project Cost: $61 million
Application Date: November 2014
Engineer: Jordan & Skala Engineers
Details: Indianapolis-based developer Milhaus Ventures has applied for another building permit for the long-awaited Highland Row project near the University of Memphis.

54. Overton Square Highlights Commercial Real Estate Positives -

The old owners of Overton Square had a plan to remove existing local tenants and retailers and replace them with national retailers.

They succeeded in emptying Overton Square of tenants, but couldn’t attract new national retailers, leaving what was left to twist in the wind.

55. Courtyard Memphis East Sells for $11.7 Million -

Another East Memphis hotel has been sold, this one fetching $11.7 million.

The sale was part of a larger $1.1 billion deal New York City-based NorthStar Realty Finance Corp. announced in September to acquire 52 hotels across the country.

56. Courtyard Memphis East Sells for $11.7 Million -

Another East Memphis hotel has been sold, this one fetching $11.7 million.

The sale was part of a larger $1.1 billion deal New York City-based NorthStar Realty Finance Corp. announced in September to acquire 52 hotels across the country.

57. Local Golf Courses Change Hands, Undergo Improvements -

Mirimichi is a Native American word that means “place of happy retreat.”

Now that global entertainment icon Justin Timberlake and his family have sold their happy local retreat, Mirimichi Golf Course, to a local group for $500,000, the new owners have an opportunity to increase the number of holes and tournaments played at the course, which underwent a massive $16 million renovation.

58. Investment Group Buying Varsity Brands -

A private equity firm is in the process of leading an acquisition of Memphis-based Varsity Brands.

The latter is comprised of a portfolio of three school achievement brands – Herff Jones, BSN Sports and Varsity Spirit. Varsity Brands’ current leadership, under the terms of the proposed acquisition agreement, will get to both keep their current positions and join the investment group led by Charlesbank Capital Partners that’s buying the firm.

59. Midterm Elections Carry High Stakes for US Economy -

WASHINGTON (AP) – The midterm slugfest for control of the U.S. Senate could have far-reaching effects on the economy.

Tuesday's elections come just as U.S. growth has been showing consistent improvement, thanks in part to a congressional truce on budget fights. Previous such fights shut down the government and raised the specter of a default on the federal debt. A repeat of either could damage the economic recovery.

60. Midtown Success Highlights Commercial Real Estate Growth -

Loeb Properties Inc. plans to build on the momentum it has created at Overton Square while turning its attention to other parts of Midtown.

61. Why are Tennesseans So Afraid of an Income Tax? -

The odds of an income tax becoming a reality in Tennessee – one of the nation’s lowest-taxed states – are slim to none.

And, yet there is an amendment on the Nov. 4 ballot that would change Tennessee’s constitution by giving the Legislature authority to prohibit passage of an income tax or payroll tax in the state.

62. Real Estate Rally -

Commercial real estate can offer insight into the strength of the local economy. Through the office, retail, industrial and apartment developments that mark the region the economy at work in the real world can be seen.

63. US Economy Rallies to Solid Third-Quarter Growth -

WASHINGTON (AP) – The U.S. economy powered its way to a respectable growth rate of 3.5 percent from July through September, outpacing most of the developed world and on track to extend the momentum through the end of the year and beyond.

64. Newby's Owner Raising Money to Keep Doors Open -

Newby’s owner Todd Adams has turned to crowdfunding to help him raise money that will be used to keep his bar and music venue on the Highland Strip open.

Adams has set up a GoFundMe account to raise $25,000 to help keep the doors open at Newby’s, which Paragon Bank foreclosed on this summer. The owner of Newby’s since 1997, Adams wants to get to the point where he can buy back the property, after which he then has a plan to reshape its layout and include a bevy of additions.

65. China Economy Grows at Slowest Pace in 5 Years -

BEIJING (AP) — China's economic growth waned to a five-year low of 7.3 percent last quarter, raising concerns of a spillover effect on the global economy but falling roughly in line with Chinese leaders' plans for a controlled slowdown.

66. New Tech Group Formed to Expand Community -

This year’s TechCamp Memphis event, which happens Nov. 1, will represent more than just a one-day conference for design, development and marketing professionals in the Memphis area.

The event, now in its third year, also marks the first official event from the Memphis Technology Foundation, a new nonprofit put together by leaders in the city’s technology community to help that community grow. The group plans to do so by helping the city’s designers, developers, makers and technology aficionados find new ways to band together, learn from each other and network.

67. Sprouts Farmers Market Applies for Building Permit -

3150 Village Shops Drive
Germantown, TN 38138

Project Cost: $1.5 million

Applied: Oct. 14, 2014

68. Yellen: Greatly Concerned By Widening Inequality -

WASHINGTON (AP) – Federal Reserve Chair Janet Yellen sounded an alarm Friday about widening economic inequality in the United States, suggesting that America's longstanding identity as a land of opportunity was at stake.

69. Waterford Place Apartments Sells for $28.3 Million -

The 320-unit Waterford Place Apartments in Southeast Shelby County has sold to an entity affiliated with Chicago-based Trilogy Real Estate Group for $28.3 million, or about $88,438 per unit.

TMF III Waterford Place Partnership purchased the complex in an Oct. 16 special warranty deed from WRF-Waterford Place LLC, an entity related to Boston-based real estate investment trust Winthrop Realty Trust. Winthrop bought the property in April 2012 for $21.5 million.

70. Experts to Provide Commercial Real Estate Outlook at Seminar -

Yes, Overton Square is booming, but that may not have been the case without Memphis-based Loeb Properties Inc.

71. Four Memphis Companies Join The TENN -

Launch Tennessee has picked this year’s crop of 10 companies that will participate in The TENN, its master accelerator program for graduates of Tennessee’s nine startup accelerators.

And, like last year, Memphis companies again represent almost half of the statewide batch of companies taking part in the program.

72. No Gang Zone Targets Legends Park Area -

In June a group of 100 gang members lined both sides of Mosby Avenue between Dunlap and Ayers Streets, shutting down the area, as they celebrated the birthday of a fellow gang member, according to the local Multi-Agency Gang Unit.

73. Wunderlich Acquires Assets of New York Firm -

Memphis-based investment firm Wunderlich Securities Inc. is acquiring the wealth management assets of Dominick & Dominick LLC, a privately held New York-based investment firm.

74. Accredo Health Adding 50 Jobs in Memphis -

Accredo Health Group Inc. will add dozens of jobs in Memphis by the end of 2014.

Accredo, a subsidiary of Express Scripts Holding Co. that has around 1,500 jobs locally, will add 50 new jobs at its Century Center campus in Memphis by the end of the year.

75. Small Businesses Scramble to Keep Top Staffers -

NEW YORK (AP) – People are quitting their jobs at a faster clip and that's pushing small business owners to work harder to hold onto top talent.

Dance studio owner Andrea Bisconti has experienced the challenge firsthand. When Kellie Love, an instructor there, said she was planning to leave to start a business of her own, Bisconti decided to act. Love inspires students to keep coming back for more lessons and brings in more than a quarter of the studio's revenue, says Bisconti, owner of a Fred Astaire Dance Studio in Willoughby, Ohio.

76. Wunderlich Acquires Wealth Management Assets of New York Firm -

Memphis-based investment firm Wunderlich Securities Inc. is acquiring the wealth management assets of Dominick & Dominick LLC, a privately held New York-based investment firm.

77. Accredo Health Adding 50 Jobs in Memphis -

Accredo Health Group Inc. will add dozens of jobs in Memphis by the end of 2014.

Accredo, a subsidiary of Express Scripts Holding Co. that has around 1,500 jobs locally, will add 50 new jobs at its Century Center campus in Memphis by the end of the year.

78. Accredo Adding 50 Jobs in Memphis -

Accredo Health Group Inc. will add dozens of jobs in Memphis by the end of 2014.

Accredo, a subsidiary of Express Scripts Holding Co. that has around 1,500 jobs locally, will add 50 new jobs at its Century Center campus in Memphis by the end of the year.

79. Stonebridge Crossing Sells for $29.8 Million -

9135 Morning Ridge Road
Memphis, TN 38016
Sale Amount: $29.8 million

Sale Date: Sept. 11, 2014
Buyer: IRT Stonebridge Crossing Apartments Owner LLC
Seller: AB Merion Stonebridge LLC
Details: The 500-unit Stonebridge Crossing apartment complex in Cordova has traded hands.

80. Century Center Land Sold for $1.5 Million -

A group affiliated with Memphis-based Boyle Investment Co. has sold a large chunk of vacant land on Whitten Road near Interstate 40.

81. Viability of Black Creative Districts Explored -

Several weeks ago, Eric Robertson, the president of the neighborhood revitalization intermediary Community LIFT, was showing a group of visitors around the city’s various creative and entertainment districts.

82. Century Center Land Sells for $1.5 Million -

A group affiliated with Memphis-based Boyle Investment Co. has sold a large chunk of vacant land on Whitten Road near Interstate 40.

83. Robotic Rise of the S&P -

The S&P 500 hit a new all-time high again last week for the 34th time so far this year. However, U.S. stocks appear increasingly detached.

While the S&P 500 has risen nearly 10 percent year-to-date, stocks outside the US have returned less than 3 percent. In fact, U.S. stocks have pummeled their international competition by an astounding 70 percent over the last five years.

84. Marx-Bensdorf Expands in East Memphis -

A prominent Memphis realty company has expanded its presence in East Memphis. Marx-Bensdorf Realtors has grown in the office building at 5860 Ridgeway Loop Blvd. by 526 square feet, bringing its total to 4,653 square feet.

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. Riverboat Enthusiasts Try to Save Delta Queen -

ST. LOUIS (AP) – A group of riverboat enthusiasts is trying to get the 1920s era paddlewheeler Delta Queen back on the Mississippi River.

Former Delta Queen Steamboat Co. executive Cornel Martin was in St. Louis this week seeking support and investment for his company, DQSC LLC, the St. Louis Post-Dispatch reported.

87. Pain Treatment Center to Open Second Locale -

Comprehensive Pain Specialists, a national player in the field of medical pain treatment centers from Nashville, has signed a lease for 4,713 square feet in Healthcare Realty Trust’s building at 8000 Wolf River Blvd.

88. American Recovery Drives the Dollar Sharply Higher -

NEW YORK (AP) – In the world of currencies, the dollar is starting to look like a safe home in a tough neighborhood.

A strengthening American economy, combined with a gloomy outlook for growth elsewhere, is pushing the U.S. currency sharply higher.

89. College Savings on the Rise as Plans Average $20,000 -

WASHINGTON (AP) – The good news is that Americans are saving more than ever for college. The bad news is that the average amount wouldn't come close to getting a person a degree.

In a report released Tuesday, the College Savings Plans Network found that the average college savings or prepaid tuition account known as a "529" plan is now worth about $20,671 – almost double what these accounts were worth during the dog-days of the recession.

90. FedEx Ground Planning Memphis Hub Expansion -

FedEx Ground is planning a $3.3 million expansion and upgrade of its South Memphis facility, according to a news report.

This week, FedEx Ground pulled a building permit for its hub at 555 Compress Drive, according to The Commercial Appeal. The permit calls for a 10,000-square-foot expansion of its city van haul facility and a 2,343-square-foot office expansion, according to the report.

91. FedEx Ground Planning Memphis Hub Expansion -

FedEx Ground is planning a $3.3 million expansion and upgrade of its South Memphis facility, according to a news report.

This week, FedEx Ground pulled a building permit for its hub at 555 Compress Drive, according to The Commercial Appeal. The permit calls for a 10,000-square-foot expansion of its city van haul facility and a 2,343-square-foot office expansion, according to the report.

92. Indmar Marine Engines Files Expansion Permit -

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

93. Changing Landscape -

A “high-end” grocery store chain not currently serving the Memphis market has leased the shuttered former Kroger store at 9050 U.S. 64 in Lakeland and should open in the spring, according to a Lakeland official.

94. Owner Quitclaims Grove Park Center -

Grove Park Center, the 94,200-square-foot office building at 4515 Poplar Ave. in East Memphis, has traded hands via quitclaim deed.

95. Yellen: Job Market Makes Fed Hesitant on Rate Hike -

JACKSON HOLE, Wyoming (AP) – Federal Reserve Chair Janet Yellen said Friday that the Great Recession complicated the Fed's ability to assess the U.S. job market and made it harder to determine when to adjust interest rates.

96. Silicone Arts Laboratories Recruited for Dallas Accelerator -

A Memphis company founded in 2011 that makes innovative cosmetic products has been recruited to participate in the Dallas-based health care accelerator Health Wildcatters.

The company is Silicone Arts Laboratories, which manufacturers a topical filler called Dermaflage that uses silicone to simulate skin and instantly conceal recessed imperfections. The product is waterproof and conceals skin imperfections for up to 36 hours. Designed for ease of use among consumers, Dermaflage’s other strength is that it provides a cosmetic option for concealing recessed scars and skin defects on the face and body without having to resort automatically to surgery or injections.

97. Bull Market -

From his office on the 21st floor of the Raymond James tower Downtown, John C. Carson Jr. has a sweeping view of the Mississippi River as it rolls by the Bluff City.

98. US Factory Output Surges in July -

U.S. factory output rose for the sixth consecutive month in July, led by a jump in the production of motor vehicles, furniture, textiles and metals.

Manufacturing production rose 1 percent in July compared with the prior month, the Federal Reserve reported Friday. Factory output in June was revised slightly higher to a 0.3 percent increase. Over the past 12 months, manufacturing has risen 4.9 percent.

99. Less-Frenzied House Hunting in Williamson County -

This past week, Realtor Stephanie Tipton Soper had two out-of-town families relocating to Nashville. Both were in search of homes in Williamson County.

Disclosure being the better part of valor, Stephanie is my real estate partner at Christianson, Patterson, Courtney and Associates. With my wife Beth and our twins vacationing in London, Stephanie was the only real estate agent from whom I can draw immediate, deadline-ready data and information, so here she is.

100. Vendors Sought for Edge MEMfix Event -

A group behind the next MEMfix campaign in the Edge district is currently looking for vendors.

Livable Memphis is seeking vendors for the Oct. 18 MEMfix event, which will take place around the intersection of Marshall and Monroe avenues.