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Editorial Results (free)

1. Memphis Airport Inks Partnership With Grizzlies, Tony Allen -

Memphis International Airport is ready for a little grit-n-grind.

Airport officials announced Thursday a three-year marketing partnership and business sponsorship with the Memphis Grizzlies worth more than $500,000. In a separate deal, Tony Allen will become an official airport spokesperson for one year.

2. Calade Partners Adjusting to Small-Business Style -

Before these three FedEx Express marketing executives retired, they knew that they wanted to walk a different path.

Debbie Newport, Laurie Tucker and Karen Rodgers are now securing their footing as Calade Partners, a small consulting firm that provides the knowledge and experience gained at a global company.

3. Adidas to End NBA Partnership After 2016-2017 Season -

FRANKFURT, Germany (AP) – Shoemaker and sports gear company Adidas AG says it has decided not to renew its partnership as official outfitter of the National Basketball Association.

Adidas said in a statement Monday that the partnership will end when the current agreement runs out after the 2016-2017 season.

4. Fogelman Partners with City on Summer Camp -

Memphis businessman and philanthropist Avron Fogelman is partnering with the city of Memphis to send more than 1,000 children to summer camps free of charge.

The summer camp program is part of Memphis Mayor A C Wharton Jr.’s initiative through the city’s Parks and Neighborhoods division.

5. Loaded For Bear Wins Best of Show at American Advertising Awards -

Creative directors from Boston, Las Vegas and New York were charged with judging 675 entries in the AAF Memphis 48th annual American Advertising Awards for creative excellence. The judges were so impressed by the quality of work that they created four additional “Best Of” awards, which recognize the top work of the year.

6. Fogelman Partners With City on Summer Camp -

Memphis businessman and philanthropist Avron Fogelman is partnering with the city of Memphis to send more than 1,000 children to summer camps free of charge.

The summer camp program is part of Memphis Mayor A C Wharton Jr.’s initiative through the city’s Parks and Neighborhoods division.

7. Rice, Amundsen & Caperton Establishes Scholarship -

The law firm of Rice, Amundsen & Caperton PLLC has established an annual family law scholarship at the Cecil C. Humphreys University of Memphis Law School.

8. Arizona Real Estate Firm Buys Storage Facility for $3.8 Million -

An Arizona-based real estate firm has acquired a Memphis mini-storage facility for $3.8 million.

Phoenix-based AMERCO Real Estate Co. bought the American Mini Storage facility at 7399 U.S. 64 from 7399 US Highway 64 Holdings LLC, which is affiliated with Florida-based LNR Partners Inc., for $3.8 million, according to a Feb. 24 warranty deed.

9. The Big, Red Heart of Memphis -

Whether intentional or the result of a collection of individual decisions, a skyline defines the unique characteristics of a city and the people who live there.

It is made up of landmarks that tell an ever changing story of a city, and its vision for the future. Memphis is easily identified by its Pyramid and lighted bridge, but it is the big, red heart in the sky, hovering above Memphis, that speaks to me about the Memphis I know. That landmark heart captures the essence of what we are really all about. Regardless of politics or problems, it says, “Memphis cares.”

10. New Pancake-Focused Restaurant Coming to East Memphis -

It’s a tradition in Tressa Ogles’ house for the family to sit down together on Saturday mornings and enjoy a pancake breakfast.

Often, she’ll go out for a run, and by the time she’s back, her husband and children have the pancakes ready. It was no surprise, then, that when she and husband Bill Ogles – both lifelong Memphians – decided to go into business for themselves and open a restaurant, it would be a breakfast joint.

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

The developer of the mixed-use Highland Row project won approval for for an $11 million building permit from the city-county Office of Construction Code Enforcement.

Highland Row LLC, an affiliate of Indianapolis-based Milhaus Ventures, received the permit to construct a four-story, wood-framed building at 395 S. Highland St. The permit lists Milhaus Construction LLC as the general contractor.

12. Regional One Health Foundation Adds to Board -

Regional One Health Foundation has added five new members to its board of directors.

They represent a range of industries that span farming, security, credit unions and insurance.

The new members are Dillard Door and Entrance Control president and CEO Christopher Bird; Regions Insurance of Tennessee president and CEO Mark Forrester; Jefferson Mortuary owner/operator Preston Jefferson; Bowdre Place/Owen Family Farming Partners managing partner Norman Davis Owen Sr.; and Orion Federal Credit Union president and CEO Daniel Weickenand.

13. UT Initials Added to Methodist University -

Starting this week, the University of Tennessee initials will appear on a Memphis hospital for the first time since 2004.

A bright orange “UT” will be added to new exterior signage at Methodist University Hospital, and the hospital will be referred to as Methodist UT Hospital in recognition of the partnership between the University of Tennessee Health Science Center and the Methodist Le Bonheur Healthcare system. The new signage above the hospital’s main entrance and its new emergency department entrance were set to be unveiled on Wednesday.

14. Brewery Developers Buy Key Property on Butler -

The team behind the development of the historic Tennessee Brewery has acquired a key piece of property adjacent to the long-vacant structure as plans for the new Brewery Revival series of events there move forward.

15. Commercial Advisors Asset Services Sees Strong Growth -

Kemp Conrad joined the asset services team at Cushman & Wakefield/Commercial Advisors in 2007 after CB Richard Ellis acquired his former employer, Trammel Crow Co.

16. Brewery Developers Buy Key Property on Butler -

The team behind the development of the historic Tennessee Brewery has acquired a key piece of property adjacent to the long-vacant structure as plans for the new Brewery Revival series of events there move forward.

17. Brewery Developers Acquire Butler Avenue Land -

The team behind the development of the historic Tennessee Brewery has acquired a key piece of property adjacent to the long-vacant structure as plans for the new Brewery Revival series of events there move forward.

18. Methodist University Hospital Sports Orange UT Initials -

Starting this week, the University of Tennessee initials will appear on a Memphis hospital for the first time since 2004.

A bright orange “UT” will be added to new exterior signage at Methodist University Hospital, and the hospital will be referred to as Methodist UT Hospital in recognition of the partnership between the University of Tennessee Health Science Center and the Methodist Le Bonheur Healthcare system. The new signage above the hospital’s main entrance and its new emergency department entrance were set to be unveiled on Wednesday.

19. Regional One Health Foundation Adds to Board -

Regional One Health Foundation has added five new members to its board of directors.

They represent a range of industries that span farming, security, credit unions and insurance.

The new members are Dillard Door and Entrance Control president and CEO Christopher Bird; Regions Insurance of Tennessee president and CEO Mark Forrester; Jefferson Mortuary owner/operator Preston Jefferson; Bowdre Place/Owen Family Farming Partners managing partner Norman Davis Owen Sr.; and Orion Federal Credit Union president and CEO Daniel Weickenand.

20. New Brewery Venture Eyeing Crosstown -

When they launched a Facebook page at the end of January, the first post for which was simply the logo for the craft beer brewery they’re planning, Will Goodwin and Clark Ortkiese didn’t expect the flood of interest their concept would generate.

21. Building From a New Blueprint -

When recruiting new businesses, East Tennessee economic development officials have long touted the benefits of partnering with the Oak Ridge National Laboratory and the University of Tennessee.

The lab and the university both have a history of working closely with private business to develop cutting-edge manufacturing techniques, technologies and new products. That research effort recently received a major boost with President Obama’s announcement of a new manufacturing innovation hub based in the Knoxville area.

22. St. Jude Opens $198 Million Kay Research and Care Center -

St. Jude Children’s Research Hospital opened its new $198 million Kay Research and Care Center Thursday, a facility the hospital says will usher in a new era of research, education, collaboration, care and treatment for the hospital.

23. Start Co. Expands Its Downtown Space -

The organization helping startup founders launch new ventures in Memphis will soon have more elbow room for the space where it holds events, teaches and provides a co-working environment for startup teams.

24. 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.

25. Discernment: The Hallmark of Great Leaders -

A good leader must be good at decision-making. A great leader must be good at discerning prior to making that decision.

Discernment is the ability to go past the mere perception of something and understand people, things or situations clearly and intelligently, making judgments about nuances often obscure or overlooked by others. It is a skill that makes the difference between leadership and just being in charge.

26. Ready.Fund.Grow! Offers Help for Women-Owned, Small Businesses -

Small and women-owned businesses will have new sources of capital and know-how in 2015, thanks to a new initiative, Ready.Fund.Grow!, being developed by Pathway Lending and the Tennessee Small Business Development Center (TSBDC), along with a new Women’s Business Center which will be operated by Pathways.

27. 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.

28. Common Core is Working – So Kill It -

Common Core determines what Tennessee’s K-12 students should know and when they should learn it, yet like many other issues it has become a political pariah, especially for the state’s Republican leaders.

29. Are You a Hack Waiting to Happen? Your Boss Wants to Know -

NEW YORK (AP) – The next phishing email you get could be from your boss.

With high-profile security breaches on the rise, from Sony Pictures to Anthem, companies are on the defensive. And they want to make sure their employees are not a hack waiting to happen.

30. Wharton Calls for Outside Fairgrounds Review -

Memphis Mayor A C Wharton Jr. told the Memphis Rotary Club Tuesday, Feb. 10, that the ambitious recasting of the Mid-South Fairgrounds – a project that is solely a City Hall creation at this point -- is going to get a second look from outside consultants.

31. Wade to Lead Southern College of Optometry's Hayes Center -

Dr. Lisa Wade has been named director of the Hayes Center for Practice Excellence at Southern College of Optometry, which focuses on teaching business principles to help optometrists succeed in independent practice.

32. Developer Says Now is Time for One Beale -

A favorable lending environment and strong demand for Downtown apartments, hotel rooms and meeting space are providing a window for developers to move forward with a skyline-altering hotel and apartment development overlooking the Mississippi River at the foot of Beale Street, a member of the development team told Downtown officials Tuesday.

33. Fogelman Company Launching Retail Center in East Memphis -

6544 Poplar Ave.
Memphis, TN 38118

Permit Amount: $3.2 million

Permit Application Date: February, 2015

34. New 'Untapped'-Style Event Coming to Tennessee Brewery -

A version of the popular Tennessee Brewery “Untapped” event appears set to return to the Downtown landmark this spring.

The event last year, which included food trucks, music and a beer garden, helped raise awareness about the iconic structure’s impending demolition, which was avoided with developer Billy Orgel’s plan for a residential development at the site.

35. Students Earn More Than $260,000 in Art Scholarships -

Technology changes just about everything, even art. But the 50th Annual Mid-South Scholastic Art Awards didn’t lack for entries – 2,185 individual submissions and another 80 senior portfolios.

“The same technology that has shortened the way we communicate – 140 characters – has opened up other ways of visually communicating,” said Elesha Newberry, associate director of education at the Brooks Museum of Art. “In the past five years, the number of photography entries has risen greatly.

36. Eastern Heights Apts. Sells for $3.4 Million -

An apartment development near Chickasaw Country Club has sold for $3.4 million.

Eastern Heights Partners, a Tennessee general partnership, bought the 130-unit Eastern Heights Apartments from Eastern Heights Apartments Ltd., according to a Jan. 23 warranty deed.

37. Monogram Foods to Give $100K to Local Charities -

Memphis-based Monogram Foods is marking its 10th anniversary by donating $100,000 to 10 local charities at $1,000 a year for the next decade.

The Impact 10 effort involves charities picked randomly by the company, with nominations being submitted through the effort’s website, www.impact10.com.

38. Monogram Foods to Give $100,000 to Local Charities -

Memphis-based Monogram Foods is marking its 10th anniversary by donating $100,000 to 10 local charities at $1,000 a year for the next decade.

The Impact 10 effort involves charities picked randomly by the company, with nominations being submitted through the effort’s website, www.impact10.com.

39. Eastern Heights Apartments Sells for $3.4 Million -

An apartment development near Chickasaw Country Club has sold for $3.4 million.

Eastern Heights Partners, a Tennessee general partnership, bought the 130-unit Eastern Heights Apartments from Eastern Heights Apartments Ltd., according to a Jan. 23 warranty deed.

40. 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

41. Saluting One of the Greatest -

Tom Brokaw called Mary Margret Foley one of the greatest. No, not by name, but as one of that critical mass of individuals in this country born between 1900 and 1925 whom he dubbed “The Greatest Generation” in his book by the same name.

42. 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.

43. After Setting iPhone Record, What Does Apple Do Next? -

SAN FRANCISCO (AP) – Apple CEO Tim Cook says consumer demand for new iPhones has been "staggering" and "hard to comprehend." That helped the company report record-smashing earnings for its latest quarter and sent the stock climbing more than 7 percent on Wednesday.

44. Record iPhone Sales Drive Blowout Quarter for Apple -

SAN FRANCISCO (AP) – Apple had another blowout quarter thanks to its new plus-sized iPhones, which helped the company smash sales records for the holiday season.

Apple said Tuesday that it sold 74.5 million iPhones during the three months that ended Dec. 31, beating analysts' expectations for the latest models of Apple's most popular gadget, introduced in September.

45. 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.

46. Fairgrounds Plan Draws Different Opinions -

The first renderings of a recast Mid-South Fairgrounds offered years ago are just one misstep early on that continues to plague the project still in search of specific private partners.

The conceptual drawings were heavy on baseball diamonds when the idea of two mayoral administrations at City Hall was and remains more soccer fields, basketball courts and a multi-purpose sports facility along with baseball diamonds.

47. NFL Players Find Second Careers as Entrepreneurs -

As Eddie George neared the end of his nine seasons in the NFL, the running back began pondering his next play.

48. Qsource Awarded $700,000 for Vaccine Study -

Tennesseans put themselves at risk for pneumonia simply because they don’t get vaccinated, and pneumonia kills 1 out of 20 people who get it.

A new study headed by Qsource aims to understand the barriers to pneumococcal vaccination, how to better communicate its importance and identify motivating factors that influence behavioral change.

49. Radian Partners LLC Announces Acquisition -

Wealth management firm Radian Partners LLC has announced the acquisition of the independent investment advisory practice of Gregory Gibson of Memphis.

50. Qsource Awarded $700,000 for Vaccine Study -

Tennesseans put themselves at risk for pneumonia simply because they don’t get vaccinated, and pneumonia kills 1 out of 20 people who get it.

A new study headed by Qsource aims to understand the barriers to pneumococcal vaccination, how to better communicate its importance and identify motivating factors that influence behavioral change.

51. NFL Players Find Second Careers as Entrepreneurs -

As Eddie George neared the end of his nine seasons in the NFL, the running back began pondering his next play.

52. Radian Partners Announces Acquisition -

Wealth management firm Radian Partners LLC has announced the acquisition of the independent investment advisory practice of Gregory Gibson of Memphis.

53. Events -

The Daily News offices will be closed Monday, Jan. 19, in observance of Martin Luther King Jr. Day. Offices will reopen Tuesday, Jan. 20, at 8:30 a.m.

54. Bringing Out the Best in Others -

According to John D. Rockefeller, “Good leadership consists of showing average people how to do the work of superior people.” The best leaders, employers, or workplaces are the ones that understand that just below the surface of average, waiting to be ignited, is the extraordinary.

55. Stonebridge Crossing Sells for $34.7 Million -

9300 U.S. 64
Lakeland, TN 38002
Sale Amount: $34.7 million

Sale Date: Jan. 5, 2015
Buyer: Lakeland Apartments TN Associates LLC
Seller: MRB Stonebridge LP
Loan Amount: $27.7 million
Loan Date: Dec. 15, 2014
Maturity Date: Feb. 1, 2025
Lender: Walker & Dunlop LLC
Details: An affiliate of a New York-based real estate investment firm has bought the Stonebridge Crossing Apartments in Lakeland for $34.7 million.

56. Memphis Reprographics Handles Printing, Storage Needs -

When the development team and architect behind the Sears Crosstown redevelopment project needed multiple phases of the project printed –including everything from design renderings to construction documents and floor plans – they turned to Memphis Reprographics.

57. Women’s Foundation Announces 29 Grants -

The Women’s Foundation for a Greater Memphis has selected 29 recipients to receive grant funding for its 2014-2015 funding year, with allocations totaling $510,000.

Each year, the foundation invites organizations whose projects or continuing programs fall within its mission, vision and one or more of five areas of focus (economic and financial literacy, entrepreneurship, job readiness/career development, leadership development and non-traditional job training) to apply for funding.

58. Lakeland Apartments Sell for $34.7 Million -

An affiliate of a New York-based real estate investment firm has bought the Stonebridge Crossing Apartments in Lakeland for $34.7 million.

Lakeland Apartments TN Associates LLC, which is affiliated with New York-based Somerset Partners LLC, bought the 432-unit apartment community at 9300 U.S. 64 from MRB Stonebridge LP, according to a Jan. 5 special warranty deed. The purchase price breaks down to around $80,324 per unit. The seller, MRB Stonebridge LP, lists the same address as Memphis-based Makowsky Ringel Greenberg LLC.

59. Events -

National Civil Rights Museum will hold its annual King Day Celebration Monday, Jan. 19, from 8 a.m. to 6 p.m. at the museum, 450 Mulberry St. Live performances will be featured throughout the day on the outdoor Founders Park stage. Museum admission is $5; $3 with the donation of a canned or nonperishable item; or free with a donation of a pint of blood to Lifeblood. Visit civilrightsmuseum.org.

60. UT, Vanderbilt Have Roles in Public/Private Auto Partnership -

The U.S. government also is showing its faith in Tennessee’s auto industry.

Last Friday, President Obama announced a $250 million manufacturing hub will be anchored at The University of Tennessee-Knoxville, focusing on advanced materials, like polymer composites, which combine fiber with plastics to create products that are stronger and lighter than steel.

61. Women’s Foundation Announces 29 Grants -

The Women’s Foundation for a Greater Memphis has selected 29 recipients to receive grant funding for its 2014-2015 funding year, with allocations totaling $510,000.

Each year, the foundation invites organizations whose projects or programs fall within its mission, vision and one or more of five areas of focus (economic and financial literacy, entrepreneurship, job readiness/career development, leadership development and non-traditional job training) to apply for funding.

62. Brewery Developer Calls for ‘Leap of Faith’ -

Crews could begin transforming the long-vacant Tennessee Brewery property Downtown later this year and the first residents could move in during the fall of 2016, a veteran developer told a Downtown development board Tuesday, Jan. 13.

63. Lakeland Apartments Sell for $34.7 Million -

An affiliate of a New York-based real estate investment firm has bought the Stonebridge Crossing Apartments in Lakeland for $34.7 million.

Lakeland Apartments TN Associates LLC, which is affiliated with New York-based Somerset Partners LLC, bought the 432-unit apartment community at 9300 U.S. 64 from MRB Stonebridge LP, according to a Jan. 5 special warranty deed. The purchase price breaks down to around $80,324 per unit. The seller, MRB Stonebridge LP, lists the same address as Memphis-based Makowsky Ringel Greenberg LLC.

64. Rudd Defends Relay Partnership For Teachers -

The University of Memphis’ College of Education produced 19 teachers last year who are teaching in the 59 lowest performing schools in the Shelby County Schools system.

University of Memphis president David Rudd wants the number to be around 600 a year and he wants the school’s College of Education to partner with the nonprofit Relay Graduate School of Education to meet that goal.

65. Stonebridge Crossing Sells for $34.7 Million -

An affiliate of a New York-based real estate investment firm has bought the Stonebridge Crossing Apartments in Lakeland for $34.7 million.

Lakeland Apartments TN Associates LLC, which is affiliated with New York-based Somerset Partners LLC, bought the 432-unit apartment community at 9300 U.S. 64 from MRB Stonebridge LP, according to a Jan. 5 special warranty deed. The purchase price breaks down to around $80,324 per unit. The seller, MRB Stonebridge LP, lists the same address as Memphis-based Makowsky Ringel Greenberg LLC.

66. Crosstown Developers File $80.5 Million Loan -

The Crosstown development team has secured an $80.5 million loan on the property.

Crosstown Building Owner LLC filed the loan with SunTrust Bank, according to a Dec. 30 deed of trust. McLean Wilson, the Crosstown development team’s co-leader, signed the trust deed.

67. Blair Durham Embraces Firm Strategy, Planning No Changes -

Don’t look for change up on the 17th floor of Parkway Towers, where Blair Durham is determined to keep his pop’s legacy thriving long into the future.

While his dad, founder of Bart Durham Injury Law, does sometimes mull changing the name of his firm to simply “Durham Injury Law” to allow for Blair to become the face of the firm – “I‘m 80, or at least I will be in March. I’m only going to live five more years, maybe, so it’s time to get Blair and his name out there,” says the elder Durham – the son says “no way.”

68. This week in Memphis history: January 9-15 -

2005: Three development partners were to close on the purchase of the Tennessee Brewery by the end of the month and announced plans to convert the historic building into 35 luxury condominiums and penthouse units with prices starting at $350,000.

69. UT Medical School Looking at Expansion -

NASHVILLE, Tenn. (AP) – The University of Tennessee Health Science Center says it is looking at expanding its program in Nashville.

The Tennessean reports UTHSC Chancellor Steve J. Schwab said in a statement that the institution, which is based in Memphis, is eyeing "a major construction project" that would bring allow it to attract more medical students to Middle Tennessee.

70. Tennessee Brewery Redevelopment Plans Emerge -

The long-vacant Tennessee Brewery Downtown could be reborn as a largely residential project, according to new details about the pending redevelopment.

The development team behind the brewery project at 495 Tennessee St. is considering renovating the current building into residential units, the ground-up construction of a new residential building adjacent to the existing structure and a new parking garage with ground floor commercial space to be built directly across the street.

71. New Details Emerge About Tennessee Brewery Redevelopment -

The long-vacant Tennessee Brewery Downtown could be reborn as a largely residential project, according to new details about the pending redevelopment.

The development team behind the brewery project at 495 Tennessee St. is considering renovating the current building into residential units, the ground-up construction of a new residential building adjacent to the existing structure and a new parking garage with ground floor commercial space to be built directly across the street.

72. TV Makers Design for Streaming Video to Stay Relevant -

LAS VEGAS (AP) – Does anyone just watch TV anymore? The dramatic shift toward online and mobile viewing is driving television set makers to design as much for streaming video as for watching broadcast or cable channels.

73. Funeral Services Set for Former Police Director -

Walter Winfrey was part of a wave of Memphis Police officers who got their badges and hit the streets of Memphis in 1968.

74. Dunavant Award Nominations Open -

With Memphis elections on the horizon in another election year, Rotarians are about to begin the process of selecting new winners of the Bobby Dunavant Public Servant Awards.

The 12th annual awards that go to one local elected official and one local non-elected public official are a way of not only honoring the late Shelby County Probate Court clerk but also fostering a broader discussion about the nature of public service and specifically local public service.

75. 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.

76. Crosstown Developers File $80.5 Million Loan -

The Crosstown development team has secured an $80.5 million loan on the property.

Crosstown Building Owner LLC filed the loan with SunTrust Bank, according to a Dec. 30 deed of trust. McLean Wilson, the Crosstown development team’s co-leader, signed the trust deed.

77. The Long Road to ‘Overnight Success’ -

The label “Overnight Success” has been mistakenly used to describe someone whose achievement is actually the result of a lifetime of hard work, sacrifices and overcoming adversity.

Being an overnight success implies a sudden, surprise appearance of success, like an unexpected guest at the door. Actually, success travels on a well-constructed path and visits the prepared.

78. REIT Sells Three Memphis Properties for $7.2 Million -

A Texas-based real estate investment trust has sold three Memphis properties for $7.2 million.

Cobalt Industrial REIT II, an affiliate of Cobalt Capital Partners, has sold the properties at 4366, 4406 and 4436 Malone Road to Colfin Cobalt I-II Owner LLC, an affiliate of Santa Monica, Calif.-based Colony Financial Inc., according to a Dec. 18 special warranty deed.

79. Southwind Apartments Sell for $28 Million -

A team that includes Memphis-based Fogelman Venture Partners has sold The Preserve at Southwind apartment community for $28 million.

G&I VII Preserve at Southwind LLC, a joint venture between Rick and Mark Fogelman and New York-based DRA Advisors LLC, sold the 306-unit complex to Colorado-based Preserve at Southwind Apartments LP, an affiliate of Continental Realty Advisors Ltd., according to a Dec. 22 warranty deed. The sellers acquired the property for $22.1 million in 2011.

80. Graceland Jets on Auction Block -

Two jets once owned by Elvis Presley that have been part of tours of Graceland since the mid-1980s are going on the auction block, the auction company authorized by Graceland announced Friday, Jan. 2.

81. Crosstown Developers File $80.5 Million Loan -

The Crosstown development team has secured an $80.5 million loan on the property.

Crosstown Building Owner LLC filed the loan with SunTrust Bank, according to a Dec. 30 deed of trust. McLean Wilson, the Crosstown development team’s co-leader, signed the trust deed.

82. REIT Buys Distribution Center for $14.5 Million -

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

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

83. 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.

84. REIT Sells Three Memphis Properties for $7.2 Million -

A Texas-based real estate investment trust has sold three Memphis properties for $7.2 million.

Cobalt Industrial REIT II, an affiliate of Cobalt Capital Partners, has sold the properties at 4366, 4406 and 4436 Malone Road to Colfin Cobalt I-II Owner LLC, an affiliate of Santa Monica, Calif.-based Colony Financial Inc., according to a Dec. 18 special warranty deed.

85. Southwind Apartments Sell for $28 Million -

A team that includes Memphis-based Fogelman Venture Partners has sold The Preserve at Southwind apartment community for $28 million.

G&I VII Preserve at Southwind LLC, a joint venture between Rick and Mark Fogelman and New York-based DRA Advisors LLC, sold the 306-unit complex to Colorado-based Preserve at Southwind Apartments LP, an affiliate of Continental Realty Advisors Ltd., according to a Dec. 22 warranty deed. The sellers acquired the property for $22.1 million in 2011.

86. Start Co. Now Taking Accelerator Applications -

The Start Co. organization has started taking applications for its Seed Hatchery, Upstart and Sky High accelerators.

87. 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.

88. Don’t Be a Hero, Leave Rates at Zero -

As if we needed further evidence that investment markets price off of central bank soliloquies, markets worldwide rallied 4.5 percent last week in reaction to a short press release from the U.S. Fed.

89. Two In-Rel Properties Fetch $16.8 Million -

6263 Poplar Ave. and
2670 Union Ave. Extended
Memphis, TN

90. Wharton Defends Local Tax Incentives, Searches for New Methods to Compete -

Memphis Mayor A C Wharton Jr. is pursuing a new economic development strategy that would allow those parts of Tennessee bordering other states to mirror or match the incentives on the other side of the state line.

91. Start Co. Now Taking Accelerator Applications -

The Start Co. organization has started taking applications for its Seed Hatchery, Upstart and Sky High accelerators.

92. Raleigh Apartments Sell for $2.5 Million -

The Creekwood Village Apartments in Raleigh have been sold for $2.5 million.

Creekwood Village Apartments of Memphis LP sold the 96-unit apartment complex at 5101 Raleigh Lagrange Road to Creekwood Village Partners, according to a Dec. 16 special warranty deed.

93. Evaporcool Partners With Kemmons Wilson Cos. -

Evaporcool Solutions, a Memphis-based manufacturer of commercial aftermarket HVAC efficiency systems, has announced a new partnership with Kemmons Wilson Cos.

Evaporcool’s product makes air-conditioning and refrigeration systems more energy-efficient and helps reduce the clients’ carbon footprint, saving the client money and lowering maintenance costs. Evaporcool’s management determined that the company was at the right stage for a strategic partner, and after a national search, Evaporcool decided to work locally with Kemmons Wilson Cos.

94. Raleigh Apartments Sell for $2.5 Million -

The Creekwood Village Apartments in Raleigh have been sold for $2.5 million.

Creekwood Village Apartments of Memphis LP sold the 96-unit apartment complex at 5101 Raleigh Lagrange Road to Creekwood Village Partners, according to a Dec. 16 special warranty deed.

95. Folk’s Folly Rebrands, Renames Butcher Shop -

Folk’s Folly has finished rebranding and renovating the restaurant’s adjacent butcher shop that opened in 1989, a spate of activity that also included renaming the shop in honor of restaurant founder Humphrey Folk.

96. Evaporcool Partners with Kemmons Wilson Cos. -

Evaporcool Solutions, a Memphis-based manufacturer of commercial aftermarket HVAC efficiency systems, has announced a new partnership with Kemmons Wilson Cos.

Evaporcool’s product makes air-conditioning and refrigeration systems more energy-efficient and helps reduce the clients’ carbon footprint, saving the client money and lowering maintenance costs. Evaporcool’s management determined that the company was at the right stage for a strategic partner, and after a national search, Evaporcool decided to work locally with Kemmons Wilson Cos.

97. Stars Flock to Music City’s Ernest Tubb Record Shop -

When Bob Dylan drops by, he generally goes right for “a handful” of Hank and Carter Family recordings, although on one Lower Broadway afternoon the old man from the North Country also is reported to have purchased a “Larry the Cable Guy” DVD.

98. T Clifton Gallery Supports Carpenter Art Garden -

T Clifton Art Gallery is donating 15 percent of all sales through Dec. 20 to the Carpenter Art Garden in Binghampton.

This is the gallery’s third year to champion “shop with a cause” during the holiday season and the second straight year of supporting the efforts of Carpenter Art Garden. In addition to donating a portion of sales, the gallery will accept donations on behalf of the organization.

99. Finding Real Change For The New Year -

New Year’s resolutions are tempting to make, and they are even more tempting to forget.

In spite of the insatiable appetite our society has for self-improvement and excellence, good habits just seem hard to acquire. With the beginning of each New Year, we seem compelled to conquer the past by focusing on the future in at least one resolution.

100. Shelby County Commercial Sales Dip in October -

Shelby County recorded 90 commercial sales in October, down 4 percent from 94 commercial sales recorded in October 2013, according to real estate information company Chandler Reports, www.chandlerreports.com.