Editorial Results (free)
1.
ZeroTo510 Accelerator Launches New Season -
Friday, May 17, 2013
Dr. Steve Bares, president and executive director of the Memphis Bioworks Foundation, is clear-eyed and unequivocal about what success looks like for the startup accelerator program his foundation operates and which launched its new season this week.
2.
Retiring Boomers Driving Sales of Small Businesses -
Thursday, May 16, 2013
NEW YORK (AP) – Baby boomers preparing for retirement are driving a surge in small business sales, as they find more and more buyers confident enough in the improving economy to expand their own businesses through acquisitions.
3.
Icahn, Southeastern Challenge Dell Takeover Plan -
Monday, May 13, 2013
One of the biggest critics of Michael Dell's plan to take the company he founded private has launched a fresh challenge to that $24.4 billion bid and says the slumping PC maker needs new leadership.
4.
Thomas & Betts CEO Sees Growth Post-Acquisition -
Monday, May 13, 2013
Dominic Pileggi, the retired CEO of Thomas & Betts Corp., remembers being concerned more than a year ago when the Memphis-based maker of low voltage electrical and utility hardware was in talks with ABB Group of Zurich to buy Thomas & Betts.
5.
Nurturing Social Capital -
Friday, May 10, 2013
“Trusting relationships and reflection/rejuvenation are required for building strong networks and collaborations.”
That’s the word from Patricia Brandes, executive director of the Barr Foundation. She didn’t say more funding, more collaboration, lower expenses or greater impact. She focuses on the three R’s – relationships, reflection and rejuvenation.
6.
Tennessee Named Top Choice for Retirement -
Wednesday, May 08, 2013
Retirees considering where to spend their golden years might want to consider Tennessee.
That’s according to Bankrate.com, the personal finance website, which this week ranked Tennessee at the top of its list of the 10 best states for retirement. The site’s analysts crunched numbers in several categories, including cost of living, taxes, health care, crime and climate.
7.
Obama Nominates Pritzker, Froman for Economic Jobs -
Friday, May 03, 2013
WASHINGTON (AP) – President Barack Obama on Thursday chose two old friends with corporate executive experience for top posts on his economic team, naming longtime fundraiser Penny Pritzker as Commerce secretary and adviser Michael Froman as U.S. Trade Representative.
8.
Cates Named Commercial Broker of Year -
Monday, April 29, 2013
The Memphis Area Association of Realtors Commercial Council honored its most productive members of 2012 at the 12th annual Pinnacle Awards gala, held Thursday, April 25, at the Memphis Country Club.
9.
‘Real Big Decisions’ Looming for Grizzlies -
Friday, April 26, 2013
The Grizzlies returned from Los Angeles down 2-0 to the Clippers, the idea of “Believe Memphis” being put to the test.
Thursday night, April 25, the Clippers and Grizzlies were to play Game 3 at FedExForum, and then Saturday, April 27, Game 4.
10.
Wright Joins Magna Bank as Senior Vice President -
Wednesday, April 24, 2013
Andy Wright has joined Memphis-based Magna Bank as senior vice president and manager of commercial banking. Wright, who previously held senior vice president positions at Iberiabank and First Tennessee Bank, has experience working with a variety of industries, with in-depth expertise in the transportation and logistics industries.
11.
Bryce to Keep 318 Workers in Memphis -
Friday, April 19, 2013
A packaging maker for retail brands like Frito-Lay and General Mills is getting a tax incentive worth $3 million to keep 318 workers in Memphis and add 95 new employees as part of a $21 million expansion here.
12.
Taste of Jubilee to Benefit Underprivileged Students -
Wednesday, April 17, 2013
Founded in 1947, St. John Catholic School at 2717 Lamar Ave. was once the largest Catholic school in Memphis.
13.
In Need of Relief -
Saturday, April 13, 2013
Perhaps it is only too appropriate that baseball is played without a clock. For securing the future of the Memphis Redbirds may require extra innings, not to mention extra effort.
The ballpark was on the leading edge of revitalizing Downtown when it opened in 2000 at Third and Union. This, of course, was “B.G.” in Memphis – Before the Grizzlies. Also, before FedExForum. The city was ready for something big and bold – something that showed Memphis could overachieve, not underachieve.
14.
Garden Party -
Friday, April 12, 2013
Tony Bennett, Robert Plant and Foreigner are among the top-drawing acts performing at Memphis Botanic Garden during the Live at the Garden 2013 concert season, which kicks off June 1.
15.
Tony Bennett Kicks Off New Live at the Garden Season -
Thursday, April 11, 2013
Tony Bennett, Robert Plant and Foreigner are among the top-drawing acts scheduled to perform at Memphis Botanic Garden during the Live at the Garden 2013 concert season, which kicks off June 1.
Rounding out the list of performers for the annual outdoor music series this year is R&B funk band Earth, Wind & Fire as well as the up-and-coming country group The Band Perry.
16.
Take Time to Budget Your Vacation -
Thursday, April 11, 2013
Ray’s Take It’s that time when people start looking forward to summer vacations. Unfortunately, all too often, the aftermath of those vacations turns out to be more than just wonderful memories – a blown budget and burdensome debt.
17.
Southeastern Asset Management Favors Recent Dell Buyout Offers -
Wednesday, April 10, 2013
MEMPHIS (AP) – A major Dell shareholder is urging the slumping personal computer maker's board to scrap a $24.4 billion deal to sell the company to a group including CEO Michael Dell and pursue two competing bids instead.
18.
Commercial Practitioners Have Voice With Council -
Tuesday, April 09, 2013
The Memphis Area Association of Realtors Commercial Council has grown and evolved over the past nine years since its inception, with membership increasing from 150 members in 2004 to more than 350 members this year.
19.
Lofty Company -
Thursday, April 04, 2013
For creating the overnight package-delivery business four decades ago, and for everything his company has done since, FedEx Corp. founder Fred Smith has been placed among an elite group of chief executives by the business magazine Barron’s.
20.
Panther Properties Buys Two Cordova Apartments -
Tuesday, April 02, 2013
2350 N. Houston Levee Road and 2323 N. Houston Levee Road
21.
LaunchYourCity Draws Lessons From West Coast -
Tuesday, April 02, 2013
The group from LaunchYourCity that traveled to San Francisco in March has returned, refreshed and reinvigorated, ready to carry out what was the hoped-for goal of the trip:
Take the lessons learned and use them to help Memphis’ startup community scale new heights.
22.
Society of Entrepreneurs Inducts New Members -
Saturday, March 30, 2013
In a ceremony next month at the University of Memphis-Holiday Inn, the Society of Entrepreneurs will induct five new members.
The April 13 event will see added to the society Duncan Williams, president of investment firm Duncan-Williams Inc.; Neely Mallory Jr., chairman of logistics business The Mallory Group; David Andrews, CEO and owner of City Enterprises LLC, the parent company of several auto-related businesses; William Courtney, CEO of Classic American Hardwoods; and Dick Leike, a co-founder of Crye-Leike Realtors.
23.
Society of Entrepreneurs Inducts New Members -
Thursday, March 28, 2013
In a ceremony next month at the University of Memphis-Holiday Inn, the Society of Entrepreneurs will induct five new members.
The April 13 event will see added to the society Duncan Williams, president of investment firm Duncan-Williams Inc.; Neely Mallory Jr., chairman of logistics business The Mallory Group; David Andrews, CEO and owner of City Enterprises LLC, the parent company of several auto-related businesses; William Courtney, CEO of Classic American Hardwoods; and Dick Leike, a co-founder of Crye-Leike Realtors.
24.
Companies Need to Think Like Venture Capitalists -
Wednesday, March 27, 2013
Last week we discussed the concept of the intrapreneur and our conviction that companies must add the pressures of failure and constrained resources to get ingenuity. Real entrepreneurs have vision, resilience and fortitude. Their natural drive, focus on survival and ability to pivot with the market is what generates market winners. It is the natural selection process at work. This is why VCs think the team is most critical, and companies looking to innovate should too.
25.
Housing, Manufacturing Give US Economy Lift -
Wednesday, March 27, 2013
WASHINGTON (AP) – Gains in housing and manufacturing propelled the U.S. economy over the winter, according to reports released Tuesday, and analysts say they point to the resilience of consumers and businesses as government spending cuts kick in.
26.
FCC Chairman Genachowski to Step Down -
Monday, March 25, 2013
NEW YORK (AP) – The chairman of the Federal Communications Commission, Julius Genachowski, on Friday announced that he's stepping down in the "coming weeks," after a four-year tenure that's garnered mixed reviews for him and tangible progress in the industries he oversees.
27.
Duncan-Williams Gets New Chief Compliance Officer -
Saturday, March 23, 2013
Duncan-Williams Inc. has tapped Jim Cherry, a 15-year veteran of the financial services industry, to be the firm’s new chief compliance officer.
28.
Duncan-Williams Gets New Chief Compliance Officer -
Friday, March 22, 2013
Duncan-Williams Inc. has tapped Jim Cherry, a 15-year veteran of the financial services industry, to be the firm’s new chief compliance officer.
29.
GPAC Names Main Theater in Honor of Duncan-Williams -
Thursday, March 21, 2013
The next time an art lover heads to the Germantown Performing Arts Centre to take in a world music concert, watch a ballet or enjoy any of the host of other acts lined up for GPAC’s new season, they’ll be doing so inside the Duncan Williams Performance Hall.
30.
Apperson Crump Expands in Triad III -
Friday, March 15, 2013
Memphis’ oldest continuously practicing law firm is expanding its presence in Triad III.
Apperson Crump PLC added 2,037 square feet to its seventh floor space in a vacant adjacent area between Silverleafe Capital Partners LLC.
31.
Olymbec Files $5.5 Million Mortgage on Brinkley Plaza -
Saturday, March 09, 2013
Montreal-based Olymbec USA LLC, an entity of Olymbec Corporate Group, has filed a $5.45 million mortgage on Brinkley Plaza in Downtown Memphis.
32.
Olymbec Files $5.5 Million Mortgage on Brinkley Plaza -
Wednesday, March 06, 2013
Montreal-based Olymbec USA LLC, an entity of Olymbec Corporate Group, has filed a $5.45 million mortgage on Brinkley Plaza in Downtown Memphis.
33.
Urbanization Equals Global Opportunities -
Tuesday, March 05, 2013
The worldwide adoption of competition and capitalistic principles has unlocked tremendous prosperity growth. At the core of this prosperity movement are the unique advantages created by urbanizing the world’s population. Urban populations are more productive, more innovative and more efficient than their rural peers.
34.
California Company Buys Former Quebecor Facility -
Tuesday, March 05, 2013
828 E. Holmes Road Memphis, TN 38116
Sale Amount: $2.7 million
Sale Date: Feb. 15, 2013
35.
Olymbec USA LLC Buys Again in Memphis -
Saturday, March 02, 2013
Olymbec USA LLC has acquired 40,000 square feet of land and three small shed buildings totaling 12,000 square feet at 373 W. Brooks Road through a January auction from the Estate of George E. Smith for $50,600.
36.
Marston Group Grows Globally, Locally -
Saturday, March 02, 2013
A growing accounting and finance firm is going global and local at the same time.
While The Marston Group’s clients branch outward, its members share a wealth of business experience with future business leaders here at home.
37.
Argent Financial Sees Growth in Memphis, Beyond -
Saturday, March 02, 2013
Argent Financial Group hasn’t let its foot off the gas since arriving in Memphis.
The Louisiana-based wealth management firm, which is now responsible for more than $5.5 billion in client assets, has continued to expand both in Memphis and beyond.
38.
Olymbec USA LLC Buys Again in Memphis -
Friday, March 01, 2013
Olymbec USA LLC has acquired 40,000 square feet of land and three small shed buildings totaling 12,000 square feet at 373 W. Brooks Road through a January auction from the Estate of George E. Smith for $50,600.
39.
California Company Buys Former Quebecor Facility -
Wednesday, February 27, 2013
An affiliate of Downey, Calif.-based Industrial Realty Group LLC has paid $2.7 million for the former Quebecor World Inc. warehouse at 828 E. Holmes Road in Whitehaven.
40.
U of M Files Permit for New Residence -
Tuesday, February 26, 2013
3615 Central Ave. Memphis, TN 38111
Permit Cost: $43.5 million
Project Cost: $53 million
41.
Boyle Sells Lots at Spring Creek Ranch -
Saturday, February 23, 2013
Boyle Investment Co. sold 10 lots at Spring Creek Ranch to a newly formed builder group and construction soon will commence on the next phase of development at The Village at Spring Creek Ranch, an upscale, master-planned community off Raleigh-LaGrange Road.
42.
Breaking the Mold -
Saturday, February 23, 2013
When Rosemarie Fair was named Broker of the Year in investment sales at last year’s Pinnacle Awards, she became the first woman ever to do so.
Before Fair founded One Source Commercial Inc. in 1993, she worked with Carlisle Corp. in the early 1980s on Beale Street Landing Downtown. She remembers often what her mentor Gene Carlisle taught her – “Somebody will take care of the big stuff, it’s the nickels and dimes that make the difference.”
43.
Boyle Sells Lots at Spring Creek Ranch -
Friday, February 22, 2013
Boyle Investment Co. has sold 10 lots at Spring Creek Ranch to a newly formed builder group.
Construction soon will commence on the next phase of development at The Village at Spring Creek Ranch, an upscale, master-planned community off Raleigh-LaGrange Road.
44.
Maximizing Madison -
Thursday, February 21, 2013
The Downtown strip of Madison Avenue from the University of Memphis Cecil C. Humphreys School of Law to Fielder Square Apartments in its prime was the city’s financial hub.
It’s seen some successes in recent times – new businesses opening, building renovations and the removal of the makeshift wall at Main and Second streets that interrupted traffic for two years.
45.
City Council Approves Fairgrounds TDZ Request -
Wednesday, February 20, 2013
Memphis City Council members approved Tuesday, Feb. 19, plans for a tourism development zone to capture sales tax revenue in a large area for a renovation of the Fairgrounds property at first.
The boundaries of the zone go to the state for approval and city Community and Housing Development division director Robert Lipscomb said such a proposal could be at the state building commission in Nashville in April.
46.
ZeroTo510 Accelerator Accepting Applications -
Wednesday, February 20, 2013
The ZeroTo510 startup accelerator is now accepting applications from entrepreneurs who’d like to be part of the program’s sophomore season.
March 25 is the deadline to apply for the program, the goal of which is to help entrepreneurs bring medical device products and services to market.
47.
Green Line Marketing Doubles Office -
Friday, February 15, 2013
Green Line Marketing Group has outgrown its East Memphis office space due to its expanded staff and client roster.
The boutique agency has signed a 2,000-square-foot lease in Racquet Club Plaza, where it will relocate from its three 350-square-foot executive suites in Clark Tower by the end of the month.
48.
Another Major Dell Shareholder Opposes $24.4 Billion Sale -
Wednesday, February 13, 2013
ROUND ROCK, Texas (AP) – Another major Dell shareholder is opposing the company's proposed $24.4 billion sale to a group led by its founder and CEO.
Mutual fund firm T. Rowe Price came out against the deal in a statement issued Tuesday.
49.
Small Business Administration Head Mills to Depart -
Tuesday, February 12, 2013
NEW YORK (AP) – Karen Mills, the head of the Small Business Administration as it focused on helping small companies recover from the Great Recession, is stepping down.
50.
Memphis Marriott Sells for $12.4 Million in Foreclosure -
Tuesday, February 12, 2013
2625 Thousand Oaks Blvd. Memphis, TN 38118
Sale Amount: $12.4 million
51.
FTN Financial Grows With New Offices, Hires -
Monday, February 11, 2013
First Tennessee Bank’s capital markets subsidiary has been on a tear lately. FTN Financial has grown on several fronts, including with the addition of a public finance department as it expands into the general market municipal bond sector and with the opening of new offices as part of that expansion. The company also has opened additional new offices around the country and added employees in other areas to handle general growth.
52.
Downtown Focus -
Monday, February 11, 2013
With its own tax incentives, a narrowly focused group of development boards, a variety of neighborhood demographics and development clusters that run the gamut from commercial to residential, Downtown Memphis is a veritable petri dish of economic development.
53.
Arnot Joins Hillwood as Market Director -
Saturday, February 09, 2013
Dallas-based Hillwood Investment Properties has hired Bates Arnot as market director.
Arnot will be responsible for marketing and leasing industrial properties in the Dallas and Memphis markets.
54.
Arnot Joins Hillwood as Market Director -
Friday, February 08, 2013
Dallas-based Hillwood Investment Properties has hired Bates Arnot as market director.
Arnot will be responsible for marketing and leasing industrial properties in the Dallas and Memphis markets.
55.
Madewell Coming to Saddle Creek -
Friday, February 08, 2013
The Shops of Saddle Creek in Germantown will soon gain another national retailer with no other presence in Tennessee.
Madewell, a subsidiary of J. Crew Group Inc., has signed a 3,061-square-foot lease in The Shops of Saddle Creek North, 7509 Poplar Ave., in part of the space that was previously The Gap in between James Avery Jewelry and Brighton Collectables.
56.
Schools Merger Budget Sent Back -
Wednesday, February 06, 2013
The first and very preliminary draft of a budget for the first year of the consolidated public school system in Shelby County was probably dead on arrival this week.
Even before a public hearing Monday, Jan. 4, that drew several hundred people, countywide school board members spent most of the day reviewing the numbers with the transition steering committee – a group of top administrators from both school systems.
57.
Filling the Voids -
Saturday, February 02, 2013
Last year was a banner year for adaptive reuse projects in Midtown and Downtown.
Developers announced plans for the Sears Crosstown building, Overton Square, Hotel Chisca, James Lee House and old United Warehouse in the South Main Historic Arts District. Construction began on The Pyramid, turning it into a 220,000-square-foot mega-Bass Pro Shop Outdoor World, and Memphis in May moved into its new headquarters at 56 S. Front St., a 14,600-square-foot building that’s on the National Register of Historic Places.
58.
It’s All About Commitment -
Friday, February 01, 2013
Part two of a two-part series Commitment is at the heart of all successful nonprofit fundraising. It needs to be developed and sustained. It starts with the organization’s leadership – the executive director or CEO, board members as well as leadership level employees and volunteers. The purpose and vision for proposed fundraising needs to be carefully discussed by these parties, ideally through one-on-one conversations with time for challenging questions and clear answers.
59.
Six New Seed Hatchery Teams Chosen -
Thursday, January 31, 2013
Six new teams have been lined up for the 2013 Seed Hatchery cohort.
Seed Hatchery is Memphis’ high-growth tech startup accelerator and puts entrepreneurs through a 90-day boot camp, with a crash course in customer discovery, business development, go-to-market strategies and investor pitches. And this year’s cohort marks the third collection of founders to go through the program.
60.
Saint Blues Guitar Workshop Launches Line -
Wednesday, January 30, 2013
Saint Blues Guitar Workshop is launching a new line of affordable, made-in-Memphis guitars.
The guitar maker’s Juke Joint Series is meant to offer guitar players and enthusiasts an affordable gateway into the Saint Blues product line. The new guitars are unbound and include a crystal satin finish, as well as the original Saint Blues logo from the 1980s.
61.
Chism Hardy Moves Deeper Into Logistics -
Monday, January 28, 2013
The certified public accountant who bought the old Coors Belle brewery in Hickory Hill seven years ago and turned it into Hardy Bottling Co. has taken the supply chain lessons from the business into the logistics industry.
62.
Why Geithner's Treasury Leadership Proved Divisive -
Friday, January 25, 2013
WASHINGTON (AP) – President Barack Obama has saluted the outgoing Timothy Geithner as one of the best U.S. Treasury secretaries ever. He's surely been among the most contentious.
Not since the Great Depression had an administration inherited so many grave financial threats at once. To many, Geithner deserves credit for helping steady the banking system and helping restore investor confidence. Yet his toughest critics say Geithner's policies consistently favored big banks over ordinary struggling Americans.
63.
City, Bass Pro File Permits for Pyramid Renovations -
Monday, January 21, 2013
1 A.W. Willis Memphis, TN 38105
Permit Costs: $21.5 million; $7 million
Project Cost: TBA
Permit Date: Applied January 2013
Completion: TBA
Owner: City of Memphis
64.
Avant Finds Soul, Passion in South Main Neighborhood -
Friday, January 18, 2013
In 2002, Ben Avant, now 35, was a young, Charleston, S.C.-based stock and bond trader with a world of possibilities at his feet and a heavy choice to make.
65.
Victory Packaging Relocates to Memphis -
Friday, January 18, 2013
Victory Packaging soon will relocate its entire Southaven branch operation to the Southeast Memphis industrial submarket.
The Houston, Texas-based industrial packaging supplier and distributor inked 158,333 square feet in Shelby Air Park Building 1, 4500 Malone Road. The 475,000-square-foot building also houses Terminal Warehouse Inc.
66.
Firebirds Wood Fired Grill in Bartlett Sells for $2.1 Million -
Tuesday, January 15, 2013
An affiliate of Scottsdale, Ariz.-based STORE Capital has paid $2.1 million for the Firebirds Wood Fired Grill at 8470 U.S. (Highway) 64 in Bartlett.
The entity, STORE Master Funding II LLC, bought the 7,168-square-foot restaurant in a Dec. 28 special warranty deed from DMLD Building Group LLC of Charlotte, N.C.
67.
Atlantic Track Grows Local Operations -
Friday, January 11, 2013
Bloomfield, N.J.-based Atlantic Track & Turnout Co. is expanding its Memphis operations with a 12,900-square-foot pre-engineered metal building addition with a bridge crane at 363 E. Bodley Ave.
68.
Sekisui, Circa to Relocate Spaces -
Thursday, January 10, 2013
Two East Memphis restaurants soon will have new addresses.
Sekisui is moving from its original location in the Shops of Humphreys Center, 50 Humphreys Blvd., into Circa by John Bragg’s space in Regalia Shopping Center at 6150 Poplar Ave., suite 122. Circa plans to relocate west to Chickasaw Crossing, 2855 Poplar, in the space where Ronnie Grisanti’s restaurant operated for years.
69.
Argent Financial, Highland Capital Merging -
Wednesday, January 09, 2013
Memphis-based Highland Capital Management LLC and Louisiana-based Argent Financial Group, which entered the Memphis market a few years ago, are merging.
70.
Exeter Buys West Memphis Warehouse for $15.6 Million -
Friday, January 04, 2013
Pennsylvania-based Exeter Property Group has snatched up the Smucker’s distribution warehouse in West Memphis for $15.6 million.
The 600,000-square-foot facility was a foreclosed property from Bank of America, which was selling it with a year-end anticipated closing, said Matt Brodnik, Exeter’s director of capital markets.
71.
Taxes Rising for Most People Despite Fiscal Deal -
Thursday, January 03, 2013
WASHINGTON (AP) – While the tax package that Congress passed New Year's Day will protect 99 percent of Americans from an income tax increase, most of them will still end up paying more federal taxes in 2013.
72.
Changing Market -
Wednesday, January 02, 2013
Much of 2012’s commercial real estate deals could be summed up in one of three phrases: speculative construction, institutional buyers and unusual transactions.
The first quarter was kicked off when Industrial Developments International Inc. revealed plans to add one build-to-suit and two speculative buildings in its Crossroads Distribution Center in Olive Branch – marking the area’s first spec construction since 2008.
73.
Nonprofit Tech Innovators Inspire New Philanthropy -
Monday, December 31, 2012
WASHINGTON (AP) – Scott Harrison knows his charity has funded nearly 7,000 clean water projects in some of the poorest areas of the world in the past six years. How many of those wells are still flowing with drinking water months or years later, though? That's a tough question to answer.
74.
Midtown Momentum -
Saturday, December 22, 2012
The Midtown real estate market has long been an anomaly compared to its Bluff City counterparts, with fundamentals as diverse as its demographics.
“The types of real estate that you’ll find in Midtown can be some of the most expensive or some of the most modest when it comes to prices and facility,” said Gary Myers of Gary Myers Co. “Retail in particular.”
75.
Bioworks Seeks to Restore Hotel -
Thursday, December 20, 2012
Memphis Bioworks Foundation is working to renovate the old Holiday Inn building in Memphis Medical Center into a mixed-use facility.
Brandon Wellford, chief financial officer and director of real estate for Memphis Bioworks Foundation, said the vision is to redevelop the 12-story property with hotel space on the top; apartments for Memphis Medical Center students, staff and faculty in the mid-levels; and retail on the ground floor.
76.
No More Government Motors: US Selling GM Shares -
Thursday, December 20, 2012
DETROIT (AP) – The U.S. government's foray into the car business is slowly coming to an end.
The Treasury Department said Wednesday that it will sell its remaining stake in General Motors in the next year or so, winding down a $50 billion bailout that saved the iconic American car giant but also set off a heated debate about government intervention in private business that even influenced this year's presidential election.
77.
Delta Blues Winery LLC Buys 15 Acres in Lakeland -
Tuesday, December 18, 2012
6495 Stewart Road Lakeland, TN 38002
Sale Amount: $165,000
Sale Date: Dec. 10, 2012
78.
Good News -
Tuesday, December 18, 2012
There’s something newly electric in the air. That’s how the editors of National Geographic Traveler describe Memphis, putting the city in the category of 20 must-see places in 2013.
It’s a description that came at the end of November in the form of something Memphians aren’t altogether used to – the editors of national publications nodding approvingly from afar at a city long relegated to one arbitrary ranking after another.
79.
High-Stakes Game -
Saturday, December 15, 2012
At week’s end, International Paper Co. appeared ready to move forward with officially applying for a package of tax incentives as part of a plan to expand the company’s headquarters in the city.
80.
High-Stakes Game -
Saturday, December 15, 2012
At week’s end, International Paper Co. appeared ready to move forward with officially applying for a package of tax incentives as part of a plan to expand the company’s headquarters in the city.
81.
US Economy Could Withstand Brief Fall Off ‘Cliff' -
Thursday, December 13, 2012
WASHINGTON (AP) – It's the scenario that's been spooking employers and investors and slowing the U.S. economy:
Congress and the White House fail to strike a budget deal by New Year's Day. Their stalemate triggers sharp tax increases and spending cuts. Those measures shrink consumer spending, stifle job growth, topple stock prices and push the economy off a "fiscal cliff" and into recession.
82.
Surprise: New Insurance Fee in Health Overhaul Law -
Tuesday, December 11, 2012
WASHINGTON (AP) — Your medical plan is facing an unexpected expense, so you probably are, too. It's a new, $63-per-head fee to cushion the cost of covering people with pre-existing conditions under President Barack Obama's health care overhaul.
83.
Shadowy Tennessee Donor Behind Record Campaign Contributions -
Monday, December 10, 2012
WASHINGTON (AP) – A lawyer in Tennessee who is mysteriously linked to millions of dollars in campaign contributions steered to congressional candidates doubled his investments in the weeks before Election Day and quietly funneled $6.8 million more to a prominent Tea Party group, according to new financial statements filed with the government.
84.
Agency to Weigh Plan for Heritage Trails in Early 2013 -
Friday, December 07, 2012
The group that will determine whether there is a tax increment financing zone for the city’s Heritage Trails redevelopment plan should begin considering the specifics of the development plan itself starting in mid-January.
85.
Citigroup to Cut 11,000 Jobs -
Thursday, December 06, 2012
NEW YORK (AP) – Citigroup said Wednesday that it will cut 11,000 jobs, a bold early move by new CEO Michael Corbat.
The cuts amount to about 4 percent of Citi's workforce. The bulk of them, about 6,200 jobs, will come from Citi's consumer banking unit, which handles everyday functions like branches and checking accounts.
86.
Gammon Joins Methodist in Business Development -
Wednesday, December 05, 2012
Myra Gammon has joined Methodist Le Bonheur Healthcare as a business development account manager for Community Care Associates. In her new role, Gammon is responsible for the development and management of the Occupational Health and Wellness Services program.
87.
Discovering New Paths -
Wednesday, December 05, 2012
In 2009, Charity Helvie, 35, left a successful career in the investment industry to start a home-based business, MadiBella, a custom clothing boutique featuring her handmade children’s clothes and women’s accessories.
88.
US Manufacturing Shrinks in November to 3-Year Low -
Tuesday, December 04, 2012
WASHINGTON (AP) – U.S. manufacturing shrank in November to its weakest level since July 2009, one month after the Great Recession ended. Worries about automatic tax increases in the New Year cut demand for factory orders and manufacturing jobs.
89.
MED Buys East Memphis Land for $3.4 Million -
Tuesday, December 04, 2012
6525 Quince Road Memphis, TN 38119
Sale Amount: $3.4 million
Sale Date: Nov. 16, 2012
90.
Triumph Bank Reports 15th Straight Profit -
Monday, December 03, 2012
Triumph Bank has enjoyed one of the most consistent success stories among Memphis-area community banks.
Triumph, which was founded in 2005, has reported its 15th straight quarterly profit, meaning even 2008’s Great Recession was not enough to ding Triumph’s prospects.
91.
Gallina Centro Property Sells for $7.1 Million -
Friday, November 30, 2012
An affiliate of the Phoenix-based real estate investment trust Cole Capital Advisors Inc. has paid $7.1 million for the portion of the Gallina Centro strip center in Collierville that houses HomeGoods and Michael’s.
92.
Electrolux Employees Report for Work in Memphis -
Wednesday, November 28, 2012
A group of 50 Electrolux employees began moving Monday, Nov. 26, into the company’s Memphis manufacturing plant in the Frank C. Pidgeon Industrial Park.
The plant will make stoves and ranges starting in 2013 in a phased-in opening that will add product lines as it goes.
93.
Rheumatology Clinic Buys Germantown Office Building -
Tuesday, November 27, 2012
7660 Poplar Pike Germantown, TN 38138
Sale Amount: $986,850
Sale Date: Nov. 14, 2012
94.
Reardon Speaks Out Against City’s Approach to Housing -
Tuesday, November 27, 2012
The University of Memphis professor leading the resistance to a still-forming plan to demolish the city’s last large public housing project says the city’s approach to transforming public housing since the late 1990s hasn’t worked.
95.
Grizzlies Ramp Up Charitable Efforts as Holidays Begin -
Thursday, November 22, 2012
On the court, the Grizzlies have given away next to nothing. They reeled off an eight-game winning streak. Night after night, 48 minutes at a time, they have been stingy – selfish, even.
But off the court, the Grizzlies have embraced this holiday season of giving as though it, too, were a competition. This month, they haven’t just been making baskets but giving them away hundreds at a time: Zach Randolph distributing food baskets to families from Carver and Booker T. Washington high schools; Rudy Gay passing out foodstuffs at The Pursuit of God Power Center; and Quincy Pondexter’s food basket give-away at New Direction Christian Church/Power Center Academy as part of his ongoing “Random Acts of Q-Ness.”
96.
Bernanke Warns Congress to Avoid ‘Fiscal Cliff’ -
Thursday, November 22, 2012
WASHINGTON (AP) – Federal Reserve Chairman Ben Bernanke on Tuesday urged Congress and the Obama administration to strike a budget deal to avert tax increases and spending cuts that could trigger a recession next year.
97.
Delek Buys Lion Oil Facility for $6.4 Million -
Tuesday, November 20, 2012
1023 Riverside Drive Memphis, TN 38106
Sale Amount: $6.4 million
Sale Date: Nov. 7, 2012
98.
Training Day -
Monday, November 19, 2012
The pursuit of economic development comes with code names, secrecy and mysterious visitors.
Without a doubt, the last two years have been eventful when it comes to the city’s civic leaders luring companies to town with the promise of jobs for Memphians. In that regard, the local debate about tax incentives and the competition with other cities, some nearby, was vigorous.
99.
Expert: Retail’s Future is Industrial -
Friday, November 16, 2012
While there’s a ton of vacancy in Memphis shopping centers that should never have been built, there’s very little vacancy in quality product.
And as retailers shrink footprints in response to the way consumers spend money, owners of local inferior retail real estate are in trouble.
100.
Expert: Retail’s Future is in Industrial -
Thursday, November 15, 2012
While there’s a ton of vacancy in Memphis shopping centers that should never have been built, there’s very little vacancy in quality product.
And as retailers shrink footprints in response to the way consumers spend money, owners of local inferior retail real estate are in trouble.