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Editorial Results (free)

1. Avoid These Perils Of Unintentional Salespeople -

If you are an owner or manager, odds are you are in sales to some degree – whether intentionally or not.

Unintentional salespeople may not think of their primary role as selling, but find they spend much of their day doing just that – from selling their expertise to ideas to products. Think about the entrepreneur who is selling his ideas to financial backers. Consider the business owner or manager who sells his services in virtually every personal and professional conversation, simply due to his belief in what he offers. Or how about those in professional service roles, like attorneys and doctors, who desire to grow their practices but prefer not to entrust others to market on their behalf?

2. Sprouts Farmers Market Applies for Building Permit -

3150 Village Shops Drive
Germantown, TN 38138

Project Cost: $1.5 million

Applied: Oct. 14, 2014

3. Recruiter’s Career Twist -

Ask Janet Miller about her remarkable career at the Nashville Area Chamber of Commerce and she’ll likely attribute it to good timing or pass credit onto others.

4. Acura of Memphis Owner Buys Dealership, Land -

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

5. The Horizon Sells to Mississippi Developer for $13.5 Million -

A Mississippi-based developer has acquired the uncompleted Horizon condominium tower overlooking the Mississippi River in Downtown.

Dawn Properties Inc. of Hattiesburg, which is primarily involved in the acquisition, development and management of multifamily properties, has purchased the 16-story, 155-unit tower for $13.5 million and plans on completing the luxury condominiums.

6. Acura of Memphis Owner Buys Dealership, Land -

The owner of Acura of Memphis has paid $12.4 million for the East Memphis dealership and 25 acres of land.

Umansky Properties AOM LLC – led by Danny Umansky of Umansky Auto Group, which includes Acura of Memphis, Acura of Jackson, Tenn., and Wolfchase Hyundai – bought the properties in an Oct. 1 warranty deed from Tameron Properties Memphis LLC.

7. Investigation Urged in Crittenden Hospital's Closure -

A nonprofit's president wants a special grand jury called to determine if any crimes took place in connection with the closure of an Arkansas hospital.

Last month, Crittenden Regional Hospital in West Memphis closed after CEO Gene Cashman said it couldn't pay more than $30 million in debt. Employees have filed two lawsuits have been against the facility, claiming administrators withheld money from their paychecks for insurance but didn't pay their premiums this year.

8. Sen. Alexander Sheds Feel-Good Image in Tennessee Race -

NASHVILLE, Tenn. (AP) – Forget the syrupy, feel-good message so common to Lamar Alexander's past political campaigns. This time, the Tennessee Republican is going into attack mode.

With early voting in the U.S. Senate race set to kick off next week, the two-term incumbent has unleashed two television ads hammering his previously little-known Democratic opponent, Gordon Ball, as a proxy for President Barack Obama and as a "slick-talking personal injury lawyer."

9. Investigation Urged in West Memphis Hospital's Closure -

LITTLE ROCK, Ark. (AP) — A nonprofit's president wants a special grand jury called to determine if any crimes took place in connection with the closure of an Arkansas hospital.

Last month, Crittenden Regional Hospital in West Memphis closed after CEO Gene Cashman said it couldn't pay more than $30 million in debt. Employees have filed two lawsuits against the facility, claiming administrators withheld money from their paychecks for insurance but didn't pay their premiums this year.

10. Acura of Memphis Owner Buys Dealership, Land -

The owner of Acura of Memphis has paid $12.4 million for the East Memphis dealership and 25 acres of land.

Umansky Properties AOM LLC – led by Danny Umansky of Umansky Auto Group, which includes Acura of Memphis, Acura of Jackson, Tenn., and Wolfchase Hyundai – bought the properties in an Oct. 1 warranty deed from Tameron Properties Memphis LLC.

11. McNeill Seeks Permits for Germantown Medical Offices -

1432 Kimbrough Road and 1468 Kimbrough Road
Germantown, TN 38138
Project Cost: $2.6 million

12. Financial Elements of the Innovation Process -

Innovation is a saturated field, but one with a hole in it. Many companies can generate thousands of potentially valuable ideas, but have no accepted cultural method for placing a value on them.

Many of these same companies can do Wicked Thinking, block out Business Model Canvases, and follow a Design Thinking Sprint, but they lack credible and concrete thinking about the financial side of their innovation concepts as the front-end process is progressing.

13. FedEx Shareholders Reject Proposal Over Redskins -

FedEx shareholders rejected a proposal that the shipping giant end or distance itself from its ties to the Washington Redskins.

The proposal from the Oneida Indian tribe was made Monday, Sept. 29, during the company's annual shareholder meeting in Memphis.

14. FedEx Donates $250,000 to Community College -

Transportation company Federal Express has announced its providing $250,000 to Mid-South Community College in West Memphis.

FedEx and college officials said Tuesday that the donation will be used to support an FAA-certified Aviation Maintenance Technology training program. The college plans to build a program-specific facility to increase the number of students it can train.

15. Parting Thoughts -

Wade Bolton had a lot on his mind when he drafted his will in 1868.

Most of it had to do with a violent feud between his family and the Dickins family in which he was ultimately one of the victims of the violence – shot and fatally wounded in Court Square, less than a year after writing the will.

16. Beasley Looks to Reclaim Career With the Grizzlies -

Michael Beasley is at least worth the smallest of risks – being invited to Grizzlies training camp, signed to a nonguaranteed contract, in the position of competing for the one and only open spot on the team’s roster.

17. Fieldstone Apartments Owner Files Loan -

The owner of the 324-unit Fieldstone Apartments in the Southwind area has filed a loan on the property.

Fieldstone Apartments I LLC acquired a $13.5 million loan from Magna Bank for the apartment community at 3333 Hacks Cross Road, according to a Sept. 29 multifamily deed of trust. Michael A. Lightman is the registered agent for Fieldstone Apartments I LLC.

18. Life Church Files $16.4 Million Loan -

The Life Church of Memphis has refinanced its four campuses and the Cordova shopping center it owns for $16.4 million, according to a Sept. 25 commercial deed of trust.

The refinance through SunTrust Bank includes the 101,908-square-foot shopping center Life Church owns at 1800 N. Germantown Parkway, the former Victory University site at 255 N. Highland Ave., a Collierville location at 650 Houston Hill Road and a campus in Jackson, Tenn.

19. Williams-Sonoma Growth Highlights DeSoto Push -

In 1999, Williams-Sonoma Inc. opened its first DeSoto County distribution center on Polk Lane in Olive Branch.

20. FedEx Shareholders Reject Proposal Over Redskins -

FedEx shareholders rejected a proposal that the shipping giant end or distance itself from its ties to the Washington Redskins.

The proposal from the Oneida Indian tribe was made Monday, Sept. 29, during the company's annual shareholder meeting in Memphis. The Redskins and companies associated with the National Football League team have come under fire from Native American groups and others who say the team's name is an offensive racial slur. FedEx sponsors the Redskins home field, FedExField, in Washington, D.C.'s Maryland suburbs.

21. 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.

22. Reese Road Apartments Owner Takes Out Loan -

The owner of the 76-unit Reese Road apartment complex at 2503 E. Reese Cove in Northeast Memphis has taken out a loan on the property.

23. Soft Skills for Emerging Leaders -

As a professional, as a leader, even as a brand ask yourself this critical question: are you empathetic? Do you have the genuine ability to “understand and share the feelings of another.”

24. Cummins Eyes Memphis Site for Expansion -

Cummins Inc. is eyeing a Memphis property for a planned expansion of the company’s distribution operations, a move that would be welcome news for Memphis officials.

25. Commitment to Fitness Looks to Reverse Childhood Obesity -

If American children and teenagers are fat, then those in the Mid-South are fatter. And you don’t have to rely on some “Fattest Cities in America” list aimed at generating clicks and views to reach this conclusion.

26. Cotton Council Apartments Sell for $6.1 Million -

1918 North Parkway
Memphis, TN 38112
Sale Amount: $6.1 million

Sale Date: Sept. 16, 2014
Buyer: Lynxco LLC
Seller: Cotton Council Apartments LLC
Details: Lynxco LLC, an affiliate of Rhodes College, has purchased the former National Cotton Council building on North Parkway in Midtown for $6.1 million. Rhodes intends to use it as student housing, according to the school’s website.

27. Singing Mechanic’s Life Much Like the Songs He Sings -

The Singing Mechanic – “I’ve got that name. Nobody else can use it,” says Billy Devereaux – sits by his worn, 1,200-square-foot, two-room cottage and looks down at Boots, his Dutch Shepherd.

“He’s a possum killer and he runs security,” says Billy, 55, gazing across the swath of remote land separated by a long gravel trail from Smith Springs Road in Antioch.

28. ‘Cutting Edge’ -

The first thing to understand about the task that Opera Memphis general director Ned Canty feels is before him is that he’s not leading a music organization that competes only with other music outlets and venues for audiences’ attention.

29. Door Remains Open on City Health Insurance Changes -

The political struggle to close the door and lock in changes to city health insurance coverage is proving to be a challenge for the Memphis City Council.

The council voted Tuesday, Sept. 16, to adjust the health insurance changes it approved in June to grandfather in for a year approximately 300 retirees and their spouses when it comes to the 70 percent subsidy on insurance premiums they currently get from the city.

30. Five Top Sales Negotiation Mistakes -

More than 75 percent of the sales reps I’ve coached through the years cite price as their number one objection. Given the state of our economy for the last several years, it’s no wonder. And even though our economy is beginning to rebound, the side effect of a recession is the bargainer’s mindset that it creates in the market.

31. 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.

32. East Memphis Office Building Sells for $3 Million -

The 20,336-square-foot, two-story office building at 1000 Brookfield Road in East Memphis has sold for $3.3 million.

33. Wal-Mart Preparing for New Memphis Store -

Wal-Mart has acquired property for nearly $4 million and several easements for a new store near I-40 and Whitten Road.

The Wal-Mart Real Estate Business Trust acquired a nearly 30-acre property northwest of the Whitten Road exit for I-40 on Aug. 28 from Belz Investco GP for $3.5 million. The property is on Raleigh Lagrange Road just east of Fletcher Creek and near the Firestone Complete Auto Care Store. Wal-Mart also acquired a nearby property from James and Lucia Gilliland for $489,396.

34. CBIZ MHM Wins Industry Distinction -

CBIZ MHM Memphis has been honored with the 2014 When Work Works Award for its use of workplace strategies to increase business and employee success.

The award, part of the national When Work Works project administered by the Families and Work Institute and the Society for Human Resource Management, recognizes employers of all sizes and types in the Memphis area and across the country.

35. CBIZ MHM Memphis Wins Industry Distinction -

CBIZ MHM Memphis has been honored with the 2014 When Work Works Award for its use of workplace strategies to increase business and employee success.

The award, part of the national When Work Works project administered by the Families and Work Institute and the Society for Human Resource Management, recognizes employers of all sizes and types in the Memphis area and across the country.

36. 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.

37. Shelby County Mortgage Market Down 19 Percent in August -

BankTennessee president and CEO Jim Rout sees new home sales and resales “fairly steady” at the moment.

But, in a common refrain among many local bankers looking at their recent numbers, the activity is not at the level that might be expected, considering still-historic low interest rates.

38. Wal-Mart Preparing for New Memphis Store -

Wal-Mart has acquired property for nearly $4 million and several easements for a new store near I-40 and Whitten Road.

The Wal-Mart Real Estate Business Trust acquired a nearly 30-acre property northwest of the Whitten Road exit for I-40 on Aug. 28 from Belz Investco GP for $3.5 million. The property is on Raleigh Lagrange Road just east of Fletcher Creek and near the Firestone Complete Auto Care Store. Wal-Mart also acquired a nearby property from James and Lucia Gilliland for $489,396.

39. Events -

Latino Memphis will host its 2014 leadership luncheon Tuesday, Sept. 9, from 11:30 a.m. to 1 p.m. at Holiday Inn University of Memphis, 3700 Central Ave. Keynote speaker George P. Bush will share his thoughts on the positive role Latinos play in the U.S. Tickets are $100. Visit latinomemphis.org.

40. Walnut Hill Apartments Sells for $28 Million -

8920 Walnut Grove Road
Cordova, TN 38018
Sale Amount: $27.9 million

Sale Date: Aug. 28, 2014
Buyer: IRT Walnut Hill Apartments Owner LLC
Seller: 30 California-based limited liability companies
Details: The 324-unit Walnut Hill Apartments in Cordova has sold for $27.9 million to an entity affiliated with Philadelphia-based RAIT Financial Trust.

41. Events -

Rhodes College will host its annual Constitution Day lecture Monday, Sept. 8, at 5 p.m. in Blount Auditorium of Buckman Hall on campus, 2000 North Parkway. Dr. Melvin I. Urofsky, an expert on the U.S. Supreme Court, will explore great dissents and dissenters in the history of the court. Cost is free. Visit rhodes.edu.

42. ‘Penny’-Led Group Buys Dulins Sports Complex -

A company called FBC LLC, whose president is Memphis basketball legend Anfernee “Penny” Hardaway, has paid $1.3 million for the Dulins Sports Complex at 7790 Fischer Steel Road in Cordova.

43. Florida Company Buys Residence Inn for $6.5 Million -

An affiliate of Boca Raton, Fla.-based Luxury Resorts & Hotels has paid $6.5 million for the 105-room Residence Inn East Memphis at 6141 Poplar Ave.

44. Indmar Marine Engines Files Expansion Permit -

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

45. Council to Review Alternative Health Plan -

Memphis City Council members Tuesday, Sept. 2, talk over a proposed high-deductible health insurance plan that would restore health benefits for city employees and retirees.

The 1:30 p.m. executive session discussion by the full council is the first since the leaders of the Memphis Fire Fighters Association pitched the plan at a health insurance oversight committee session in July.

46. 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.

47. 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.

48. 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.

49. Macon Homes Complex Sells for $800,000 -

500 N. Claybrook St.
Memphis, TN 38104
Sale Amount: $800,000

Sale Date: Aug. 20, 2014
Buyer: Crosstown Macon Homes LLC
Seller: Macon Homes
Details: The 24-unit Macon Homes section 8 apartment complex at 500 N. Claybrook St. in Midtown has sold for $800,000.

50. Cooper-Young Festival Returns in September -

The annual Evolve Bank and Trust Cooper-Young Festival returns next month.

The largest single-day festival in Memphis, now in its 27th year, will be held Sept. 13 from 9 a.m. to 7 p.m. It’s hosted by the Cooper Young Business Association to make the district known both locally and nationally and to draw homeowners and merchants to the neighborhood.

51. Cooper-Young Festival Returns in September -

The annual Evolve Bank and Trust Cooper-Young Festival returns next month.

The largest single-day festival in Memphis, now in its 27th year, will be held Sept. 13 from 9 a.m. to 7 p.m. It’s hosted by the Cooper Young Business Association to make the district known both locally and nationally and to draw homeowners and merchants to the neighborhood.

52. City Union Presents Alternative Plan on Benefits -

Memphis Fire Fighters Association president Thomas Malone takes the union’s plan for reversing city employee and retiree health insurance coverage cutbacks to a city oversight committee Thursday, Aug. 21, on employee issues.

53. Fullilove Calls Off Sales Tax Hike Try, Unions May Try -

Memphis City Council member Janis Fullilove pulled the plug Tuesday, Aug. 19, on a proposed November referendum on a citywide half cent sales tax hike.

54. Developer Files Permit for Graceland-Area Hotel -

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

55. New Owner Files Loan on East Memphis Building -

The new owner of the 130,593-square-foot office building at 6060 Primacy Parkway in East Memphis has filed an $8.8 million loan on the property.

56. Council Reviews Pension Investment Changes -

For the first time in months, Memphis City Council members have no committee discussions scheduled Tuesday, Aug. 19, on city health insurance benefits or proposed pension plan changes.

But the council will vote on the first in a series of pension plan changes to come.

57. Hotel Owner Files $3 Million Loan -

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

58. Southwind Village Office Owner Files $3.3 Million Loan -

The owner of the two parcels that compose the Southwind Village office complex in Southeast Memphis has filed a $3.3 million loan on the property.

The parcels are 3101 Players Club Parkway and 3195 Players Club Parkway, which sit at the southeast corner of Players Club Parkway and Hacks Cross Road.

59. New York Firm Buys Retirement Community -

996 Cherry Road
Memphis, TN 38117
Sale Amount: $12.9 million

Sale Date: July 30, 2014
Buyer: GFTV Audubon Owner LLC
Seller: TV Memphis LP
Loan Amount: $23.5 million
Loan Date: July 30, 2014
Maturity Date: N/A
Lender: Grandbridge Real Estate Capital LLC
Details: An affiliate of New York-based Garrison Investment Group has paid $12.9 million for the 176-unit Town Village Audubon Park retirement community at 950 Cherry Road in East Memphis.

60. New York Firm Buys Retirement Community -

An affiliate of New York-based Garrison Investment Group has paid $12.9 million for the 176-unit Town Village Audubon Park retirement community at 950 Cherry Road in East Memphis.

61. FastPark & Relax Owner Files Loan -

The local owner of the FastPark & Relax airport-area parking facility at 2201 Winchester Road has filed a $2.4 million loan on the property.

62. Edison Apartments Owner Files $2.5 Million Loan -

The owner of the Edison Apartments along Jefferson Avenue has filed a $2.5 million trust deed for the Downtown property.

Edison Park LP filed the deed of trust, assignment of rents and security agreement July 30 through American Fidelity Assurance Co. Neil E. Ringel signed the trust deed as president of Jan Realty Inc., general partner of Edison Park LP.

63. Carlisle Corp. Buys Sharky’s Property -

6201 Poplar Ave.
Memphis, TN 38119
Sale Amount: $2.9 million

Sale Date: July 29, 2014
Buyer: Wendelta Property Holdings LLC
Seller: Aaron Muschel
Details: An affiliate of Carlisle Corp. has paid $2.9 million for the recently closed Sharky’s Gulf Grill at 6201 Poplar Ave.

64. Health Care Safety Net Tops Council Agenda -

Memphis City Council members get more information during the Tuesday, Aug. 5, council day on different parts of City Hall’s ongoing health benefits and pension liability discussions.

But the only item on the agenda for a vote Tuesday is a resolution to create a $2 million “safety net” that was delayed last month.

65. Local Movers Hit the Big Leagues -

Steven Reed, Jeff Coletta and Jonathan Greer met as children while playing youth football at the Germantown Youth Athletic Association, igniting a life-long bond that remains to this day.

66. City Hall Saga Charts New Directions -

After a bit of a breather, all sides in City Hall’s simmering political dispute over health insurance changes for city employees and retirees sat down at the same table Tuesday, July 29, and offered a few new directions.

67. City Union Floats Alternative Health Care Plan as City Outlines Trust Fund -

Memphis City Council members will at least discuss an alternative health insurance plan next month.

The high deductible plan, which restores many of the coverage cuts approved in June by the council, is the proposal of the Memphis Fire Fighters Association.

68. D. Canale Affiliate Buys Property for Distillery -

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

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

69. Simmons First National Moves Into Tennessee -

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

70. Contractors See Bright Days Ahead -

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

71. Eve Didn’t Poison Toomer’s Corner Trees -

Justin Fuente again did football-obsessive mankind a favor this summer with his annual women’s clinic.

“By and large, men know a lot less than they think they do and women know a lot more,” said the University of Memphis football coach.

72. Grizzlies Promote Wexler to Business Operations President -

The Memphis Grizzlies have promoted Jason Wexler to president of business operations of the team and FedExForum.

The new position gives Wexler primary leadership responsibility for all aspects of the business, including ticket sales and service, arena operations, corporate partnerships, marketing communications and broadcast, community investment and general operations.

73. Owner Files Loan on 3 Gas Stations -

After receiving two convenience stores and gas stations in quitclaim deeds, the new owner filed a $2 million loan on those properties and one other.

The entity, N & S LLC, doing business as Hwy 64 BP, filed the deed of trust July 16 through Renasant Bank. Nizar Lalani Sr. signed the deed as member of the borrower, and he is also related to the ownership entities that quitclaimed the properties.

74. Cohen Goes On Offense In Wilkins Challenge -

For weeks, U.S. Rep. Steve Cohen and Ricky Wilkins, his challenger in the Aug. 7 Democratic Congressional primary have been talking about each other without necessarily directly talking about each other or doing so at length

75. 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.

76. County Commission Continues Prekindergarten Debate -

Shelby County Commissioners pick up Monday, July 21, where they left off earlier in the month about a way to fund prekindergarten programs.

The commission faces dueling resolutions, with one setting up further study on an expansion, and the other dedicating $3 million in surplus funds from the just-ended fiscal year and the first $3 million of any surplus from the current fiscal year to Shelby County Schools and the suburban school systems.

77. Asics America to Expand Byhalia Footprint -

Asics is expanding its central footwear and apparel distribution center inside the Chickasaw Trail Industrial Park area by 342,144 square feet.

The expansion comes on the heels of a 513,000-square-foot build-to-suit completed in 2010, and now will consolidate the footwear distribution center with the apparel distribution center, which was previously located in Southaven. Asics hopes to improve its overall efficiency by combining the two components under one roof, which will total 855,144 square feet.

78. From Despair to Belief -

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

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

79. Green Mountain Consulting Finds Home Along Poplar -

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

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

80. Johnson Returns to Different Schools Reality -

When Carol Johnson left as superintendent of Memphis City Schools at about this time in 2007, the system was struggling with Bush-era No Child Left Behind standards and making progress at some schools.

81. Asics America to Expand Byhalia Footprint -

Asics is expanding its central footwear and apparel distribution center inside the Chickasaw Trail Industrial Park area by 342,144 square feet.

The expansion comes on the heels of a 513,000-square-foot build-to-suit completed in 2010, and now will consolidate the footwear distribution center with the apparel distribution center, which was previously located in Southaven. Asics hopes to improve its overall efficiency by combining the two components under one roof, which will total 855,144 square feet.

82. Midtown Retail Center Owner Files $3 Million Loan -

The owner of the retail building at 1460 Union Ave. in Midtown that houses Office Max and Cricket stores has filed a $2.9 million loan on the property.

83. Primacy Parkway Office Building Sells for $7 Million -

6060 Primacy Parkway
Memphis, TN 38119
Sale Amount: $6.9 million

Sale Date: June 27, 2014
Buyer: LSREF2 Newton LLC
Seller: Hub Properties Trust
Details: The 130,593-square-foot office building at 6060 Primacy Parkway in East Memphis has sold for $6.9 million.

84. Greenbrook Apartments Sell for $46.5 Million -

An affiliate of Atlanta-based Carroll Organization bought the 1,037-unit Greenbrook Apartments at 1400 Greenbrook Parkway from Memphis-based real estate investment trust MAA for $46.5 million in a deal that closed Friday, June 11, according to Shelby County property records.

85. Shelby County Mortgage Market Sees Modest Gain -

Shelby County mortgage lenders share a few common trends at the moment, as the area’s mortgage market begins to shake off the wintry chill of the first quarter.

Many of them report robust purchase mortgage activity, as refinances plummet to small fractions of their business. As a result of the demand, many of those lenders also have been adding mortgage officers to their ranks and plan to continue doing so.

86. Asics America Expanding in Byhalia -

Asics America Corp. is expanding its footprint in Byhalia, Miss.

The company is adding 342,144 square feet to its central footwear and apparel distribution center inside the Chickasaw Trail Industrial Park.

87. Company Buys 30 Acres Of Land for $1.3 Million -

An affiliate of Lakeland-based real estate company WESSCORP Communities has paid $1.3 million for about 30 acres of vacant land in Northeast Memphis near Arlington.

The entity known as The Charleston HL Apartment Community LLC bought the two parcels – one totaling 29.6 acres and one totaling 0.1 acres – in a June 30 special warranty deed from First Alliance Bank.

88. Changing Landscape -

It’s been confusing from a distance.

The formal groundbreaking for Shelby Farms Park’s $70 million “Heart of the Park” improvements, including an expansion of Patriot Lake, came the same week last month the Memphis City Council voted to delay for one year the city’s portion of funding for the Shelby Farms Parkway.

89. Primacy Parkway Office Building Sells for $7 Million -

The 130,593-square-foot office building at 6060 Primacy Parkway in East Memphis has sold for $6.9 million.

90. We’re All Invited -

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

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

91. After the Flood -

When the flood water and debris from Nonconnah Creek receded last week from the Wheel Estate Mobile Home Park on East Brooks Road, it exposed a set of familiar issues for such properties in Memphis.

92. Chamber Launches Young Professionals Group -

Before a concert gets underway, musicians will run through a soundcheck that serves as a kind of warm-up to the main event, during which participants can make suggestions for tweaks before the big show and can make sure that everything is done that needs to be.

93. Priscilla Presley Tells Upset Fans to 'Calm Down' -

MEMPHIS (AP) – Priscilla Presley is asking fans of her late ex-husband Elvis Presley to "please calm down" after a report that two jets once owned by the singer could be removed from Graceland.

94. Six Poplar View Office Park Buildings Sell for $1.5 Million -

Six buildings in Collierville’s Poplar View Office Park have sold for $1.5 million.

Poplar View Offices LLC, which lists a Collierville address, purchased the buildings in the Class B office park from Pro Memphis LLC in a June 16 warranty deed. In conjunction with the purchase, the buyer filed six trust deeds totaling $1.2 million through Bank of Bartlett.

95. Top 10 Email Marketing Best Practices -

Part two in a two-part series. Email marketing has advanced significantly over the past decade, with the potential to be one of the strongest performers of all weapons in your marketing arsenal due to its unique ability for highly personalized content and comprehensive tracking delivered straight to the consumers’ inbox. Unfortunately, it’s also, perhaps, one of the most poorly executed of the marketing channels.

96. Malone Center Owner Files $4.1 Million Loan -

The owner of the 23.7-acre Malone Distribution Center near the intersection of East Raines Road and Lamar Avenue in Oakhaven has filed a $4.1 million loan on the industrial property.

Cobalt Industrial REIT II filed the deed of trust with absolute assignment of leases and rents, security agreement and fixture filing July 1 through Wells Fargo Bank NA. The deed encompasses parcels at 4366 Malone Road, 4406 Malone and 4436 Malone.

97. Addison at Collierville Owner Files $17 Million Loan -

400 Orchard Circle
Collierville, TN 38017
Loan Amount: $16.8 million

Loan Date: July 1, 2014
Maturity Date: July 1, 2021
Borrower: G&I VII Addison at Collierville LLC
Lender: CBRE Capital Markets Inc.
Details: The owner of the 226-unit Addison at Collierville apartments at 400 Orchard Circle W. has filed a $16.8 million loan on the property.

98. Addison at Collierville Owner Files $17 Million Loan -

The owner of the 226-unit Addison at Collierville apartments at 400 Orchard Circle W. has filed a $16.8 million loan on the property.

99. Mobile Services Increasingly Expected of Banks -

The mobile race is on among Memphis financial institutions, with banks rolling out apps that allow banking on the go and a full range of capabilities that translate the brick-and-mortar banking experience to small digital screens.

100. Cypress Realty Files $7 Million Construction Loan -

Cypress Realty Holdings Co. has filed a $7 million construction loan for a medical office building on Wolf River Boulevard in Germantown.