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Editorial Results (free)

1. Winners and Losers in Tennessee Legislative Session -

Here is a list of some of the winners and losers of the legislative session that concluded on Thursday.

The following bills passed this session:

— ANNEXATION: Bans cities from annexing land without a referendum. HB2371.

2. Iberiabank Announces New Branch Managers -

Iberiabank has announced branch managers for the new bank branch locations it got as a result of the recent Trust One Bank acquisition.

3. Winners and Losers in Tennessee Legislative Session -

Here is a list of some of the winners and losers of the legislative session that concluded on Thursday.

The following bills passed this session:

– ANNEXATION: Bans cities from annexing land without a referendum. HB2371.

4. ABA President Silkenat Shares Notion Of ‘Civil Gideon’ -

The president of the American Bar Association sees at least a discussion on the way about a “civil Gideon” – a requirement that a citizen who cannot afford an attorney in a civil court proceeding should have one appointed by the court.

5. Congress is Giving States the Transportation Blues -

DAYTON, Ohio (AP) – On the road in a tour bus this week, the U.S. transportation secretary is spreading some bad news: the government's Highway Trust Fund is nearly broke. If allowed to run dry, that could set back or shut down projects across the country, force widespread layoffs of construction workers and delay needed repairs and improvements.

6. Pinnacle Apartments Sell for $3.8 Million -

An affiliate of Woodbury, N.Y.-based CLK Properties has paid $3.8 million for the 118-unit Pinnacle Apartments at 305 S. Bellevue Blvd. in Midtown.

7. The Business Case for Investing in Green Space -

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

During 2013 the Greater Memphis Chamber formed the Chairman’s Circle, a group of over 100 Memphis business leaders organized to push for action on key issues to accelerate the regional economy. Early in the life of the organization we created “moon missions,” which are coordinated efforts to truly transform our community.

8. Senate OKs House Version of ‘In God We Trust’ Bill -

The Tennessee Senate has voted to overrule the sponsor of a bill that originally sought to require the phrase “In God We Trust” to be painted behind the speaker’s podiums in the state Capitol.

9. Senate OKs House Version of 'In God We Trust' Bill -

The Tennessee Senate has voted to overrule the sponsor of a bill that originally sought to require the phrase "In God We Trust" to be painted behind the speaker's podiums in the state Capitol.

Republican Sen. Stacey Campfield of Knoxville urged the chamber to reject House changes to the bill that would instead instruct the State Capitol Commission to study having the phrase painted in the tunnel connecting the building to the Legislative Plaza.

10. Diversified Trust Makes Promotions in Memphis -

Memphis-based Diversified Trust, a comprehensive wealth management firm with more than $5 billion in assets, has promoted seven professionals in its Memphis office.

Robin Smithwick, managing principal of Diversified’s Memphis office, attributed the move to the company’s next generation of leaders becoming more visible and taking on greater responsibility around the firm, which also is celebrating its 20th anniversary this year.

11. Market Mystery -

Over the last several years, investors ranging from mom-and-pop shops to large hedge funds have been acquiring single-family homes in Memphis at a historic pace.

But determining the long-term impact that investor purchases have made on neighborhoods remains elusive.

12. Methodist University Hospital Names Liebman New CEO -

Jeff Liebman has joined Methodist University Hospital as chief executive officer. In his new role, Liebman said, he will ensure the hospital continues to be a community resource providing the highest possible quality of care to the community while following the guidelines of the Methodist LeBonheur mission.

13. Industrial Portfolio Sells for $43 Million -

4550 Swinnea Road6005 Freeport Ave., 3399 E. Raines Road
Memphis, TN
Sale Amounts: $10.1 million; $14.8 million; $18 million

14. Judge Upholds Country of Origin Label for Meat -

WASHINGTON (AP) – Shoppers who want to buy American beef for dinner instead of meat from Canada or Mexico will still be able to find the country of origin on the label.

A federal appeals court ruling Friday allows the government to go forward with rules that require labels on packaged steaks, ribs and other cuts of meat to say where the animals were born, raised and slaughtered. The meat industry attempted to block the rules, which went into effect last year, saying they are costly and provide no health benefits to the consumer.

15. Employers, Workers Navigate Compliance Rules -

As a certified health care reform specialist, Tim Finnell can stand back and from a distance say the Affordable Care Act does not really have a beginning and an end.

“There will never be final rules,” said Finnell, the president and founder of Group Benefits LLC. “Everything’s going to keep changing.”

16. Old Venice Pizza Owner Files Loan on Property -

The owner of the Old Venice Pizza Co. at 368 Perkins Road Extended in East Memphis has filed a $1.1 million loan on the property.

17. ‘Memphis Message’ -

During the recent Trans-Pacific Maritime conference in Long Beach, Calif., Memphis business leaders like Neely Mallory and Buzz Fly extolled the virtues of doing business in the Bluff City.

When FedEx founder, chairman and CEO Fred Smith addressed the crowd, the Greater Memphis Chamber’s logo was featured prominently on the large screen to his left.

18. Richmond Honan Buys Quince Centre for $10 Million -

6555 Quince Road
Memphis, TN 38119
Sale Amount: $10.4 million
Sale Date: March 7, 2014

19. I Choose Memphis: Micah Brafford -

“I Choose Memphis” spotlights Memphians who are passionate about calling this community home. New Memphis Institute provides the profiles.

Name: Micah Brafford

Job Title and Company: Vice President of Commercial Banking, Independent Bank

20. Richmond Honan Buys Quince Centre for $10 Million -

An affiliate of Roswell, Ga.-based health care real estate company Richmond Honan Development & Acquisitions LLC has paid $10.4 million for Quince Centre at 6555 Quince Road in East Memphis.

21. Shelby County Mortgages Jump 12 Percent in February -

The latest monthly totals for Shelby County’s mortgage market show homebuying improved somewhat last month, with total mortgage volume up 12 percent compared to February 2013, according to real estate information company Chandler Reports,www.chandlerreports.com.

22. Galvanizing Company Files Permit for Facility -

3328 Fite Road
Millington, TN 38053
Permit Cost: $1.9 million

Project Cost: N/A
Permit Date: Applied March 2014
Completion: N/A
Owner: 3328 Fite LLC
Tenant: 3328 Fite LLC
Architect: N/A
Contractor: N/A
Details: An affiliate of Columbus, Ohio-based “hot dip galvanizing” company Voigt & Schweitzer LLC plans to construct a 63,120-square-foot facility near Millington.

23. Miss. Lawmakers Work On Medical Clinic Subsidies -

The Mississippi House and Senate will attempt to work out their differences on a proposal to expand state subsidies to health clinics.

The efforts, proposed by Gov. Phil Bryant, are meant as a partial alternative to expanding the Medicaid insurance program for poorer people.

24. Kroger: Storm Response Helped Boost Sales -

NEW YORK (AP) – Kroger said its ability to keep its supermarkets open and well-stocked as customers rushed to hoard groceries ahead of winter storms helped boost its results in the fourth quarter.

25. Lakecrest II Sells for $4.6 Million -

The Lakecrest II office building in East Memphis has changed hands again.

Southland Primacy LLC acquired the 129,104-square-foot office building at 6055 Primacy Parkway from Jefferson-Pilot Investments Inc. Feb. 28 for $4.6 million.

26. Primaries Offer First Major Test of Voter ID Laws -

WASHINGTON (AP) – In elections that begin next week, voters in 10 states will be required to present photo identification before casting ballots – the first major test of voter ID laws after years of legal challenges arguing that the measures are designed to suppress voting.

27. Ceiling Reflections -

FAMILY TIME. “You’re no happier than your most unhappy child,” a wise friend said.

I remembered those words as I stared at the breadbox on the ceiling. I’ll explain. Back when we were living in the Georgian Woods with about 27¢, we didn’t buy anything we didn’t need and couldn’t justify. Nora needed a breadbox, so she used the occasion of my birthday to give me … a breadbox.

28. Renovation on Tap for 100 N. Main Tower -

The owner of 100 N. Main St., the city’s tallest building, has plans to turn the Downtown skyscraper into a development featuring a hotel and apartments.

29. Score-Watching Grizz Can’t Lose Sight of Opponents -

Two hours before the Grizzlies played the Los Angeles Lakers on Wednesday, Feb. 26, at FedExForum, Memphis coach Dave Joerger talked about the last loss – at Charlotte – the game ahead, and that aggravating play that recently invaded Memphis living rooms, including Joerger’s own.

30. GOP Tax Plan Lowers Rates, Repeals Popular Breaks -

WASHINGTON (AP) – A sweeping House Republican plan to overhaul the nation's tax laws would wipe out a slew of popular tax breaks to help pay for lower overall tax rates, a politically risky move in an election year that drew quick opposition Wednesday.

31. Polo Shops Sells for $3.1 Million After Foreclosure -

7444 Winchester Road7464 Winchester Road
Memphis, TN 38125
Sale Amount: $3.1 million

32. Shockey ‘Ideal Fit’ as Chamber Chair -

Leigh Shockey had gone to Memphis International Airport in her role as an executive for the family business – Drexel Chemical Co.

33. For Love of the Game, Indeed -

“I’ve never been humbled by anything like baseball. And I’ve been humbled more coaching than playing.”  – Jonathan Lyons, former college and minor-league pitcher and now a coach of a 12-and-under competitive team

34. Sector Capital Management Independent Again -

Three years after its acquisition by Argent Financial Group, Memphis-based Sector Capital Management is an independent company again.

Sector CEO Reed Walters led the negotiations to buy back the wealth management firm in the wake of Louisiana-based Argent going on something of an acquisition spree in recent years. Sector also has relocated from Argent’s office at The Crescent Center to the Atrium I building at 6800 Poplar Ave.

35. Businessman Berger Tosses Hat Into Political Ring -

Memphis businessman Taylor Berger was thinking about it pretty much until the last minute Tuesday, Feb. 18, when he pressed send on an email that announced his intention to run for a seat on the Shelby County Commission.

36. Gresham Tackles Hot Issues on Senate Education Committee -

As chair of the Tennessee Senate Education Committee, Sen. Dolores Gresham has plenty of hot-button issues crossing her desk these days.

37. Senate Defeats Proposal to Elect Attorney General -

NASHVILLE (AP) – The Senate on Wednesday defeated an effort to change the Tennessee constitution to require the popular election of the attorney general.

The measure sponsored by Republican Sen. Mae Beavers of Mt. Juliet received 15 votes in favor and 14 votes against. Proposals need at least 17 votes – a majority of the 33-member chamber – to pass.

38. Harris Brings Motivation to Medtronic Employees -

It makes perfect sense for a guest speaker at Medtronic Inc. to deliver a motivational speech titled “Adopting a Global Mindset.”

39. Champion Rebrand -

In 1996, the company known as Champion Awards and Apparel first waded into the world of e-commerce by operating a merchandise website for the Memphis Mad Dogs, the Canadian Football League team that was partly owned by FedEx founder, chairman and CEO Fred Smith.

40. Iberiabank Completes Trust One Conversion -

Iberiabank has completed its acquisition of certain assets and the assumption of certain liabilities of Trust One Bank.

41. Iberiabank Completes Trust One Conversion -

Iberiabank has completed its acquisition of certain assets and the assumption of certain liabilities of Trust One Bank.

42. Café Keough Owner Banking on Locale, Food for Success -

It’s tough enough to start a new business. Tougher still if that business is an independent restaurant. And tougher still if your vision for what it will be lives only in your imagination.

“I’m trying to make an old Memphis cafe,” Kevin Keough, owner of Café Keough at 12 S. Main St., said one recent afternoon as he sipped coffee and explained his dream. “But that doesn’t exist. So I had to make it up, what I think it could have looked like.”

43. Industrial Park Expansions Gaining Momentum -

Economic development officials should know the final scope of a planned expansion of Presidents Island within the next 30 days while the proposed growth of nearby Frank C. Pidgeon Industrial Park is moving forward.

44. Industrial Park Expansions Are Gaining Momentum -

Economic development officials should know the final scope of a planned expansion of Presidents Island within the next 30 days while the proposed growth of nearby Frank C. Pidgeon Industrial Park is moving forward.

45. That’s Entertainment -

It was late in Game 6 of the Grizzlies’ 2013 playoff series with the Los Angeles Clippers. Already, FedExForum was abuzz with anticipation. The hated Clippers were about to go down. Grizz, the team’s chest-thumping mascot, scaled a ladder inside the arena and unfurled a banner:

46. Survey Finds CEOs More Confident on Global Economy -

DAVOS, Switzerland (AP) – With the worst of the global financial crisis behind them, CEOs are ready to move on from the fight for survival their businesses have been in for the past few years, a survey found Tuesday.

47. Business Leaders Optimistic About Local Economy -

As they have for a few quarters now, Memphis-area business leaders continue to acknowledge an incremental sense of optimism about specific aspects of their companies and the economy, according to the results of the third Memphis Economic Indicator.

48. Editorial: Rape Kit Backlog Hints at Bigger Issues -

As political shockwaves from the backlog of 12,000 rape kits not tested by Memphis Police over a 30-year period continue to be felt, the backlog is but one of several profound cracks in the foundation our criminal justice system is built upon.

49. Belz Sells Shelby Oaks EnSafe Center for $910,000 -

5710-5730 Summer Trees Drive
Memphis, TN 38134
Sale Amount: $910,000

Sale Date: Jan. 10, 2014
Buyer: EnSafe Inc.
Seller: BICO Associates GP
Details: An affiliate of Belz Enterprises has sold the five-building Shelby Oaks EnSafe Center office complex on Summer Trees Drive in Northeast Memphis for $910,000.

50. Editorial: Rape Kit Backlog Hints at Bigger Issues -

As political shockwaves from the backlog of 12,000 rape kits not tested by Memphis Police over a 30-year period continue to be felt, the backlog is but one of several profound cracks in the foundation our criminal justice system is built upon.

51. What a Difference Year Makes for Goodwin -

Months before the first practice, Tigers coach Josh Pastner believed in the fitter, more committed version of Shaq Goodwin that returned to the University of Memphis for his sophomore season.

“He’s done a 180,” Pastner said last summer. “Different human being and different player.”

52. What a Difference Year Makes for Goodwin -

Months before the first practice, Tigers coach Josh Pastner believed in the fitter, more committed version of Shaq Goodwin that returned to the University of Memphis for his sophomore season.

“He’s done a 180,” Pastner said last summer. “Different human being and different player.”

53. Collierville Fred’s Sells for $1.5 Million -

450 U.S. 72
Collierville, TN 38017
Sale Amount: $1.5 million

Sale Date: Dec. 20, 2013
Buyer: Collierville Realty Holdings LLC
Seller: Washington Square Properties (a Tennessee general partnership composed of Thomas W. Taylor, trustee of the Thomas W. Taylor Revocable Living Trust dated April 27, 2000, and Thomas W. Hart)
Loan Amount: $793,000
Loan Date: Dec. 20, 2013
Maturity Date: Dec. 20, 2016
Lender: First Capital Bank
Details: The 19,152-square-foot fred’s retail store at 450 U.S. 72 in Collierville has sold for $1.5 million.

54. Resolve to Right Your Finances -

It’s 2014. Odds are you made a resolution this year. Maybe you want to lose weight, get a new job or learn to cook. But how do your finances look? If you aren’t thinking about retirement, education or just saving for a rainy day, 2014 is the time to start. If you are thinking about it, where do you stand? Regardless of your situation, I’d like to challenge you to do a few things to better your financial situation in 2014.

55. Highland Street Family Dollar Sells for $1.6 Million -

656 S. Highland St.
Memphis, TN 38111
Sale Amount: $1.6 million

Sale Date: Dec. 2, 2013
Buyer: Amicorp Enterprises Inc.
Seller: DCTN3 328 Highland Memphis TN LLC
Loan Amount: $600,000
Loan Date: Nov. 25, 2013
Maturity Date: N/A
Lender: The Bank of Hemet
Details: The Family Dollar retail store at 656 S. Highland St. near the University of Memphis has sold for $1.6 million.

56. Banner Year for East Memphis Office Space -

The Memphis office real estate market began showing signs of life in 2013, with the market for Class A office space in the East Memphis submarket fueling the resurgence.

While the city’s overall office market numbers may not appear very strong, the city’s most desired office submarket – East Memphis around Poplar Avenue and Interstate 240 – began showing strong signs of improvement in the second half of the year.

57. Orangetheory Fitness Signs New Lease In Stonecreek -

Orangetheory Fitness has signed a lease at Stonecreek Centre at Poplar Avenue and Forest Hill-Irene Road in Germantown.

Orangetheory Fitness will occupy 3,167 square feet at the location. Orangetheory Fitness is a workout method that is broken into intervals of cardiovascular and strength training while using heart rate monitors to keep heart rates in a targeted zone to stimulate metabolism and increases energy.

58. Orleans at Walnut Grove Owner Files $23 Million Loan -

The owner of the 276-unit Orleans at Walnut Grove Apartments in Cordova has filed a $23 million loan for the property.

Orleans Apartment Community LLC filed the deed of trust, security agreement and fixture filing for the Class A complex Dec. 18 through Transamerica Pacific Insurance Co. Ltd. Charles W. Misenhelter signed the trust deed as member of Orleans Apartment Community.

59. Cordova Creek Apartments Sell for $12.5 Million -

1175 N. Germantown Parkway
Memphis, TN 38016
Sale Amount: $12.5 million

60. MAA Chairman Joins Board of Miss. Real Estate Trust -

Eric Bolton, chairman and CEO of Memphis-based MAA, has been elected to the board of directors for a Mississippi-based real estate investment trust focused on industrial properties.

61. Target: 40 Million Card Accounts May be Breached -

Target is grappling with a data security nightmare that threatens to drive off holiday shoppers during the company's busiest time of year.

The nation's second largest discounter said Thursday that data connected to about 40 million credit and debit card accounts was stolen as part of a breach that began over the Thanksgiving weekend.

62. Pike Indulges ‘Museum Bug’ as Director of Pink Palace -

Steve Pike, director of museums for the Pink Palace Family of Museums, calls himself a generalist, happy to have his hands in all things theoretical and material. It’s a label that envelopes his interests, his career choices, and going back to his liberal arts education at Marian University in Indianapolis.

63. MAA Chairman Joins Board of Mississippi Real Estate Investment Trust -

Eric Bolton, chairman and CEO of Memphis-based MAA, has been elected to the board of directors for a Mississippi-based real estate investment trust focused on industrial properties.

64. Ruby Tuesday Sells Bartlett Lots for $1.1 Million -

8348 U.S. 64
Bartlett, TN 38133
Sale Amount: $1.1 million

Sale Date: Dec. 5, 2013

Buyer: 64 Kate Hyde Partners

65. Out-of-Town Banks Target Memphis for Growth -

More than 40 percent of the customer deposit share in the Memphis-area banking market belongs to institutions that have a presence here but are based outside the area, the latest figures from the Federal Deposit Insurance Corp show.

66. Watertite Files $6.7 Million Loan on Collierville Facility -

Watertite Products Inc. has filed a $6.7 million loan on its 86,918-square-foot warehouse at 202 Industrial Park Lane in Collierville.

67. IRS Nominee on Track for Approval Despite Acrimony -

WASHINGTON (AP) – President Barack Obama's choice to head the Internal Revenue Service told senators Tuesday he will work to restore public trust in the agency in the wake of the tea party scandal even as the IRS takes on new responsibilities administering the president's health care law.

68. Big Tech Companies Lash Out at Government Snooping -

WASHINGTON (AP) – Silicon Valley is escalating pressure on President Barack Obama to curb the U.S. government surveillance programs that vacuum personal information off the Internet and threaten the technology industry's financial livelihood.

69. Health Care Debate Has Trust, Politics Themes, Too -

WASHINGTON (AP) – For months, the talk was all about computer code. About response times. About glitches and bugs.

People who didn't know a URL from an http were blithely expounding on software snags and web design, thanks to the clunky launch of healthcare.gov, the insurance marketplace for the government's big health care overhaul.

70. Methodist Pays $22.5 Million for Germantown Facility -

7945 Wolf River Blvd.
Germantown, TN 38138
Sale Amount: $22.5 million

71. Grizz Bigs Taking Advantage of Opportunity -

Not so long ago, forward Ed Davis entering a Grizzlies game cued a barrage of negative tweets and even a few scattered boos.

Some were directed at Davis for what, at the time, had been a portfolio of poor play. Some were directed at Grizzlies management because, as the popular narrative went, they were desperate for Davis to play and play well because he was considered the biggest piece of the Rudy Gay trade.

72. Countryside Apartments Owner Files $5 Million Loan -

The owner of the 152-unit Countryside North Apartments at 6920 Reese Road in Northeast Memphis has filed a $5 million loan on the property.

73. Ensure 2014 Plan Delivers -

Tired of chasing your proverbial tail in the quest for a sales and marketing plan that actually delivers? First acknowledge that a silver bullet rarely exists. The solution, while not particularly sexy, can and will deliver provided you trust the process and avoid the temptation to skip steps along the way.

74. How Do You Count Your Money? -

A cornerstone of successful nonprofit fundraising is trust. While there are many reasons to give, there are also reasons why people, foundations and corporations do not give. One reason is a lack of trust: donors and funders don’t trust the nonprofit to use the funds for the stated purpose. Here are some suggestions to help ensure your institution or organization retains a high level of trust from current and prospective donors.

75. Health Care Impact -

Local fitness organizations like the Kroc Center have seen increased membership numbers this year as more people in the Mid-South are working to get fit and taking an active role in their overall health.

76. NBA Uses More Ways to Prove ‘Numbers Don’t Lie’ -

Walk up to an ATM, and you’re on camera. Walk into a convenience store, and you’re on camera. Walk onto an NBA court during game time, and you’re not only on camera but every movement you make – or don’t make – will be tracked, sifted, analyzed.

77. Bitcoin Gains Popularity in Memphis -

Bitcoin has arrived in Memphis.

Businesses in the Memphis area and slightly beyond that are now accepting payment in the form of the new digital currency include Memphis IT Works, an information technology consultancy. The company, which provides systems management for companies of various sizes as well as offering computer safety consulting and testing, joins thousands around the country now accepting bitcoin, a number that’s continuing to grow.

78. Nelson Takes New Role at Alliance for Nonprofit Excellence -

Amanda C. Nelson has joined the Alliance for Nonprofit Excellence as director of consulting, a newly created position. Nelson will oversee, coordinate and promote the alliance’s management consulting services, and manage its three-year capacity-building program, the Program for Nonprofit Excellence.

79. As Elections End, New Campaigns Begin -

The day after the last elections of 2013 in Shelby County were decided, candidates for the Shelby County offices on the ballot in 2014 could begin pulling qualifying petitions to run.

And many of them had already held kickoff fundraisers for the political year to come.

80. Polls Open to Decide Sales Tax Increase -

Memphis voters go to the polls Thursday, Nov. 21, to decide the fate of a sales tax hike for the second time in a year.

Polling places across the city are open Thursday from 7 a.m. to 7 p.m.

81. Gonitzke Named CEO of National Foundation for Transplants -

Connie Gonitzke has been appointed president and CEO of the National Foundation for Transplants. Gonitzke joined the Memphis-based organization in 2002 as a patient advocate. In 2006, she was named director of resource development, and in 2008, she became the senior vice president of development.

82. Wenco Files Construction Loan for Volvo of Memphis -

7910 Trinity Road
Cordova, TN 38018
Loan Amount: $4.2 million

Loan Date: Nov. 7, 2013
Maturity Date: n/a
Borrower: Wenco Properties LLC
Lender: Wells Fargo Bank NA
Details: Wenco Properties LLC has filed a $4.2 million construction loan through Wells Fargo Bank for the Volvo of Memphis dealership it is building at 7910 Trinity Road in Cordova.

83. 3 Popeyes Properties Sell for $5.1 Million -

Three Memphis-area Popeyes Louisiana Kitchen properties have been purchased by an Arizona real estate investment trust for $5.1 million.

Spirit Master Funding LLC, a REIT affiliated with Scottsdale, Ariz., Spirit Realty Capital, bought the properties Oct. 25 from Shelton Development Co. LLC in separate transactions, paying $1.3 million for the Popeyes at 1105 W. Poplar Ave. in Collierville, $2 million for the one at 6085 Stage Road in Bartlett and $1.9 million for the one at 3660 Austin Peay Highway in Memphis.

84. Lead Local -

The T-shirt is plain and black with a simple logo that reads “Eat Local,” and if you see someone wearing it, the chances are pretty good they work at a locally owned restaurant.

In recent years there has been a “Buy Local” campaign among some business leaders that’s been hard to miss. Less conspicuous but still easy to find is evidence of perhaps a more influential trend – how the city is moving toward what might be called a “Lead Local” preference based on some recent changes in leadership of some of the city’s most important institutions.

85. Evolve Bank & Trust Expands to Jonesboro -

Evolve Bank & Trust has announced it will be opening a new office in Jonesboro, Ark., next month.

The Memphis-based bank’s new office there includes a group formerly with Liberty Bank, the arrival of which Evolve president and CEO Scott Stafford said “is a great score for us.”

86. 3 Popeyes Properties Sell for $5.1 Million -

Three Memphis-area Popeyes Louisiana Kitchen properties have been purchased by an Arizona real estate investment trust for $5.1 million.

Spirit Master Funding LLC, a REIT affiliated with Scottsdale, Ariz., Spirit Realty Capital, bought the properties Oct. 25 from Shelton Development Co. LLC in separate transactions, paying $1.3 million for the Popeyes at 1105 W. Poplar Ave. in Collierville, $2 million for the one at 6085 Stage Road in Bartlett and $1.9 million for the one at 3660 Austin Peay Highway in Memphis.

87. Chamber Official: Transportation ‘Huge Part’ of Local Economy -

The Traffic Club of Memphis hosted its monthly luncheon on Tuesday at The Racquet Club of Memphis, welcoming Andre B. Dean, the Greater Memphis Chamber’s vice president of public policy and community affairs, as the guest speaker. The club also held its annual board member elections, with incoming President Carey Treadwell of Dynamex Inc. taking the helm for the next year.

88. Developer Buys Land for Somerset Subdivision -

26.3 Acres near Neshoba
And Germantown Roads
Sale Amount: $1.5 million

Sale Date: Oct. 28, 2013
Buyer: Somerset-Exeter GP
Seller: Owen Investments LP
Loan Amount: $2.8 million
Loan Date: Oct. 28, 2013
Maturity Date: Oct. 28, 2016
Lender: Kent Wunderlich
Details: An entity related to Germantown-based developer McNeill Investment Co. has paid $1.5 million for 26.3 acres near the intersection of Germantown and Neshoba roads.

89. Developer Buys Land For Somerset Subdivision -

An entity related to Germantown-based developer McNeill Investment Co. has paid $1.5 million for 26.3 acres near the intersection of Germantown and Neshoba roads.

90. EdR Reports Quarterly Revenue Increase -

Memphis-based EdR, one of the nation’s largest developers, owners and managers of collegiate housing, reported increased revenues in the third quarter.

The student housing real estate investment trust posted revenue of $44.2 million in the quarter ended Sept. 30, a 34.4 percent increase from $32.9 million in the third quarter of 2012.

91. Martin Doesn’t Address Permanent Presidency Talk -

There is sentiment for University of Memphis interim president Brad Martin to drop the “interim” part of the title and become the next permanent leader of the city’s largest higher education institution.

92. Evolve Bank & Trust Honored for Creating Jobs -

Memphis-based Evolve Bank & Trust generated 203 jobs from Jan. 1, 2012, through June 30 of this year, a feat that was honored in Inc. Magazine’s second annual Hire Power Awards.

93. EdR Reports Revenue Increase -

Memphis-based EdR, one of the nation’s largest developers, owners and managers of collegiate housing, reported increased revenues in the third quarter.

The student housing real estate investment trust posted revenue of $44.2 million in the quarter ended Sept. 30, a 34.4 percent increase from $32.9 million in the third quarter of 2012.

94. Troubling Trends Emerge as Grizz Begin Season -

First-year coach Dave Joerger had two goals heading into the Grizzlies’ eighth and final preseason game: “Don’t get anybody hurt, get better.”

The Grizzlies came through their 92-73 loss to the Houston Rockets at FedExForum Friday, Oct. 25, without injury. But they did not get better. Rather, they followed up their dreadful showing in Toronto two nights earlier – a 108-72 defeat – with a performance that raises many more questions than it answers.

95. Performance Ranges Widely at Local Companies -

Here’s a snapshot of the recent performance of some of Memphis’ publicly traded companies – businesses that cast a shadow far beyond the Memphis city limits in industries including finance, package delivery and bioscience.

96. A Few Words Before Takeoff -

PRE-FLIGHT MESSAGES

To: our airport

That logo on the front of garage gargantua could be a touch larger. While it can be seen from the surface of the moon, I don’t think the Mars rover is picking it up yet.

97. Cardinal Way Has St. Louis Back in Fall Classic -

From 2002-2006, the St. Louis Cardinals had a farm director named Bruce Manno. He was a guy who had his own ideas on how things should be done. One of them was to require that all Cardinal minor-league players – from Rookie ball to Triple-A Memphis – wear their pants pulled up to their knees so their stirrup socks would show.

98. Memphis Economic Indicator Shows Business Optimism -

The results of the second Memphis Economic Indicator, a new survey measuring general business sentiment jointly produced by The Daily News and Dixon Hughes Goodman LLP, reflect a modest overall improvement in optimism among business leaders compared to last quarter’s survey results.

99. Redbirds Proving Key Role in ‘Cardinal Way’ -

The St. Louis Cardinals had just wrapped up one playoff series and were headed to the National League Championship Series with a roster mainly comprised of homegrown players.

There was rookie pitcher Michael Wacha, who had flirted with no-hitters in the regular season and in the NL Division Series. There was first baseman Matt “Big City” Adams, who stepped into the void created by Allen Craig’s foot injury. And there was 23-year-old Trevor Rosenthal, who was thrust into that all-important closer’s role late in the season.

100. As Shutdown Drags On, Time to Call in Mediator? -

WASHINGTON (AP) – Maybe it's time to call in a mediator – if there's one not on furlough.

President Barack Obama and congressional Republicans are in stalemate over a partial government shutdown now in its second week. And a looming crisis over the federal debt limit is rapidly approaching, with economists saying that could have a devastating effect on the U.S. economy.