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Editorial Results (free)

1. FedEx Supply Chain Expansion Wins Tax Freeze -

FedEx Supply Chain Services appears poised to move ahead with an expansion in Memphis.

The third-party logistics arm of FedEx, recently won a five-year tax freeze for a $6.8 million expansion to its 454,713-square-foot warehouse at 5050 E. Holmes Road.

2. Wish Granted: Same Day Delivery for the Holidays -

NEW YORK (AP) – A procrastinator's holiday wish come true: Presents ordered at the last minute can now show up under the Christmas tree that same day.

Amazon, Target and Macy's and other retailers are offering speedier delivery, including overnight and same-day options that will continue even past the holidays.

3. After Overcoming Hurdles, Southwest Opens Nursing School -

More than four years after breaking ground for a new nursing building, leaders of Southwest Tennessee Community College last week formally opened the school’s new Nursing, Natural Sciences and Biotechnology Building.

4. One Stop Grows From Changing Church Base -

In a city known for its churches and the culture of those churches, Betty Hobson has found a business model that shows just how broad and deep the influence of those churches can be.

5. Central Defense Security Promotes 2 Employees -

Central Defense Security has promoted two employees to area managers.

Marion Malone previously served as an armed officer and Kim Perry had been a site supervisor at one of CDS' client accounts.

6. Events -

National Civil Rights Museum will present “You Be the Judge,” a mock trial that explores what would have happened if James Earl Ray had stood trial for the assassination of Dr. Martin Luther King Jr., Thursday, Nov. 13, from 6 p.m. to 8 p.m. at the museum, 450 Mulberry St. Cost is free for members and $10 for nonmembers. Visit civilrightsmuseum.org.

7. Station Inn: Music History Amid Gulch High-Rises -

J.T. Gray – who pioneered smokeless nightclubs before it became fashionable (and/or mandated) – is glad to see sparkling condo towers, office buildings, restaurants and the like sprouting around him. After all, these newcomers eventually might find themselves inside his time-out-of-mind blockhouse where Bill Monroe used to just drop by and pick.

8. Want to Make Big Impression? Try Small Nashville-Area Retailers -

Imogene + Willie put 12 South on the world map for designer denim five years ago.

Its original American-made rigid jeans, custom-fitted to you in its showroom in a former gas station, are a nationwide pheno-menon, and the brand is so successful that owners Carrie and Matt Eddmenson have opened a second store in Portland, Oregon.

9. This week in Memphis history: November 7-13 -

2013: Electrolux North America announced it had started production at its Memphis plant on its first Memphis-made home cooking appliances. The first products off the assembly line in southwest Memphis were Frigidaire and Frigidaire Gallery slide-in ranges. The ovens made in Memphis had larger windows than other earlier models of the Frigidaire ranges. The first truckload of the ovens was shipped from Memphis to Seattle.

10. Events -

The Broad Avenue Fall Art Walk will be held Friday, Nov. 7, from 5 p.m. to 10 p.m. in the Broad Avenue Arts District. The event will include more than 100 artists exhibiting along Broad Avenue, live music and dance at the Water Tower Pavilion, food trucks and more. Admission is free. Visit broadavearts.com.

11. Central Defense Security Promotes 2 Employees -

Central Defense Security has promoted two employees to area managers.

Marion Malone previously served as an armed officer and Kim Perry had been a site supervisor at one of CDS' client accounts.

12. Midtown Cash Saver Property Sells for $5.3 Million -

1620 Madison Ave.
Memphis TN 38104
Sale Amount: $5.3 million

Sale Date: Oct. 24, 2014
Buyer: LAG Memphis LLC
Seller: Super Market Developers Inc.
Loan Amount: $3.9 million
Loan Date: Oct. 24, 2014
Lender: Ladder Capital Finance LLC
Details: The Cash Saver property on Madison Avenue in Midtown has been sold for $5.3 million.

13. Midtown Success Highlights Commercial Real Estate Growth -

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

14. Farrell-Calhoun Applies for $2 Million Building Permit -

Farrell-Calhoun Paint Inc. has applied for a $2 million building permit for its Downtown Memphis warehouse.

15. Farrell-Calhoun Applies for $2 Million Building Permit -

Farrell-Calhoun Paint Inc. has applied for a $2 million building permit for its Downtown Memphis warehouse.

16. CWCapital Sheds Willow Lake Buildings -

3900, 4100 Willow Lake Blvd.
Memphis, TN 38118
Sale Amount: $1.9 million

17. Willow Lake Sales Positive News For The Market -

The sale this week of five properties inside Willow Lake Business Park and Corporate Park for $4.2 million was welcome news for several reasons.

For one, true owners tend to take much better care of properties and market them more aggressively than special servicers like Bethesda, Md.-based CWCapital Asset Management.

18. Willow Lake Building Sold for $1.9 million -

Another building inside Willow Lake Business Park and Corporate Park in Hickory Hill has been sold for $1.9 million.

Willow Lake Business Park LLC acquired 3592 Willow Lake Blvd. from 198-6 Memphis Industrial Portfolio Holdings LLC, which is affiliated with Bethesda, Md.-based special servicer CWCapital Asset Management, according to an Oct. 13 warranty deed.

19. Spirited Revival -

One of the oldest and most prominent names in Memphis business is in the midst of transforming a Downtown warehouse, reviving a premium liquor brand that disappeared with Prohibition and restoring its prominent role in the community.

20. Incentive Applications Lag Previous Years -

Until a spate of activity this month, Memphis and Shelby County were on pace to tie a record-low for the number of payment-in-lieu-of-taxes agreements granted to companies in a year.

Through September, the city-county Economic Development Growth Engine, the primary business incentive body in Memphis and Shelby County, had awarded just four PILOTs, tied with 2006 for the lowest amount of PILOTs issued in a year since 2002.

21. Two Willow Lake Buildings Sold for $1.9 Million -

Two buildings inside Willow Lake Business Park and Corporate Park in Hickory Hill have been sold for $1.9 million.

Eagle Capital LLC acquired 3900 Willow Lake Blvd. and 4100 Willow Lake Blvd. from 198-6 Memphis Industrial Portfolio Holdings LLC, which is affiliated with Bethesda, Md.-based special servicer CWCapital Asset Management LLC, according to an Oct. 13 warranty deed.

22. EDGE Approves Trio of PILOT Tax Breaks -

Three companies – including a wing of Memphis-based FedEx – received tax breaks for projects in Memphis that total more than $25 million in capital investment and will create 272 new jobs.

23. EDGE Approves Trio Of PILOT Tax Breaks -

Three companies – including a wing of Memphis-based FedEx – received tax breaks for projects in Memphis that total more than $25 million in capital investment and will create 272 new jobs.

24. Poll: Many Insured Struggle With Medical Bills -

WASHINGTON (AP) – They have health insurance, but still no peace of mind. Overall, 1 in 4 privately insured adults say they doubt they could pay for a major unexpected illness or injury.

25. Acura of Memphis Owner Buys Dealership, Land -

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

26. Three Companies Seek PILOTs for Projects -

Three companies – including a wing of Memphis-based FedEx – are considering investing more than $25 million in Memphis for new distribution operations that would create 272 new jobs.

“It's always good to see FedEx expanding and the other two projects appear to be new to Memphis,” said Kemp Conrad, principal of Cushman & Wakefield/Commercial Advisors. “This balanced growth is encouraging and we expect more good news later in the fourth quarter."

27. Three Companies Seek PILOTs for Distribution Projects -

Three companies are exploring Memphis for new distribution operations that would create 272 new jobs.

The third-party logistics arm of FedEx is considering an expansion in Memphis.

FedEx Supply Chain Systems Inc. is seeking a payment-in-lieu-of-taxes freeze to grow its local operations by investing $6.8 million in a 454,713-square-foot warehouse at 5050 E. Holmes Road and creating 87 new jobs.

28. Three Companies Seek PILOTs to Create 272 Jobs -

Three companies are exploring Memphis for new distribution operations that would create 272 new jobs.

The third-party logistics arm of FedEx is considering an expansion in Memphis.

FedEx Supply Chain Systems Inc. is seeking a payment-in-lieu-of-taxes freeze to grow its local operations by investing $6.8 million in a 454,713-square-foot warehouse at 5050 E. Holmes Road and creating 87 new jobs.

29. Hickory Hill Warehouse Sells for $1.6 Million -

ARCP Acquisitions LLC has paid $1.6 million for the 14,650-square-foot warehouse at 4517 S. Mendenhall Road in Hickory Hill, marking the second time the property has sold in three months.

30. TGI Fridays Franchisee Buys 3 Local Restaurants -

A New Orleans-based restaurant group has acquired three local TGI Fridays restaurants.

Southeast Restaurant Group bought the restaurants at 8325 U.S. 64, 7733 Winchester Road and 176 Goodman Road in Southaven, part of a broader 20-restaurant deal.

31. Hickory Hill Warehouse Sells for $1.6 Million -

ARCP Acquisitions LLC has paid $1.6 million for the 14,650-square-foot warehouse at 4517 S. Mendenhall Road in Hickory Hill, marking the second time the property has sold in three months.

32. Calbee North America Locates in Mississippi -

SENATOBIA, Miss. (AP) — Snack food manufacturer Calbee North America will set up a factory in a former BMW warehouse in Senatobia.

Officials say company will invest $51.1 million and will create 254 jobs over the next five years, with 67 to be hired in the first year. Workers will make more than $40,000 a year, on average.

33. United States Cold Storage Expands in Covington -

A refrigerated warehouse logistics provider is expanding in Covington with a $48 million investment that will create 63 new jobs in Tipton County.

United States Cold Storage will add a new distribution and warehouse facility adjacent to the Unilever ice cream facility in Covington, one of the largest ice cream plants in the world.

34. Events -

The Metal Museum will host Repair Days Thursday, Oct. 2, through Sunday, Oct. 5, at the museum, 374 Metal Museum Drive. Metalsmiths from across the country will solder, sharpen, remove dents and repair items, with all proceeds benefiting the museum. Visit metalmuseum.org for a schedule of events.

35. Sergeant’s Pet Care Closing Memphis Operations -

Sergeant's Pet Care Products will close its Memphis distribution facility and shift those operations to Omaha, Neb., according to press reports.

Sergeant’s will shift around 60 jobs from Memphis to a 350,000-square-foot warehouse and distribution center under construction now in the Omaha area, according to the Omaha World-Herald.

36. 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.

37. Sergeant’s Pet Care Closing Memphis Distribution Center -

Sergeant's Pet Care Products will close its Memphis distribution facility and shift those operations to Omaha, Neb., according to press reports.

Sergeant’s will shift around 60 jobs from Memphis to a 350,000-square-foot warehouse and distribution center under construction now in the Omaha area, according to the Omaha World-Herald.

38. Fire Museum Unveils ‘Heroes’ Exhibit -

The Fire Museum of Memphis has unveiled a new $350,000 exhibit called “Honoring Our Heroes.”

It’s been stored for the past few months at the Urban Search and Rescue Warehouse at 4381 O.K. Robertson Road, and it’s scheduled for a grand opening Sept. 11.

39. Fire Museum Unveils ‘Honoring Our Heroes’ Exhibit -

The Fire Museum of Memphis has unveiled a new $350,000 exhibit called “Honoring Our Heroes.”

It’s been stored for the past few months at the Urban Search and Rescue Warehouse at 4381 O.K. Robertson Road, and it’s scheduled for a grand opening Sept. 11.

40. Indmar Marine Engines Files Expansion Permit -

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

41. Indmar Marine Engines Files Expansion Permit -

An affiliate of Indmar Marine Engines has filed a $2 million building permit with the city-county Office of Construction Code Enforcement to expand its 5400 Old Millington Road facility.

42. 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.

43. Goodwill Center Helps Job Seekers Reclaim Dreams -

The event was held in the shadow of the shuttered Raleigh Springs Mall, in the expanded section of the Goodwill store at 3830 Austin Peay Highway. It was the grand opening of the Goodwill Job Center.

44. Medline Industries Files Permit for Improvements -

Medline Industries Inc. has filed a $1.2 million permit application with the city-county Office of Construction Code Enforcement for improvements to its 4500 S. Mendenhall Road facility.

45. Reshaping a City, One Lot at a Time -

John G. Brittle Jr. doesn’t have an office. He has a war room. The space, crowded with maps, charts, books, piles of paper and marked-up spreadsheets, is ground zero for InfillNashville, the 10-person team of site selection specialists that Brittle leads at Village Real Estate Services.

46. Central Defense Security Enhances Camp Program -

Central Defense Security has enhanced its yearly summer camp program for Memphis children.

The company, a leading provider of business, retail and warehouse security, teamed up with the City of Memphis Division of Parks and Neighborhoods for the third straight year to support the program, and the company sponsored more than 130 campers at 10 camps around the city.

47. Central Defense Security Enhances Camp Program -

Central Defense Security has enhanced its yearly summer camp program for Memphis children.

The company, a leading provider of business, retail and warehouse security, teamed up with the City of Memphis Division of Parks and Neighborhoods for the third straight year to support the program, and the company sponsored more than 130 campers at 10 camps around the city.

48. Cotton Gin Workers Sue for Racial Harassment -

Three workers at Memphis Cotton Gin and Federal Compress filed a federal lawsuit Tuesday, Aug. 5, against the owners of a South Memphis cotton warehouse and the company that manages the warehouse.

The suit is over racial harassment including allegations of racially segregated break rooms, water fountains and bathrooms as well as equipment at the warehouse including forklifts.

49. 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

50. Critical Decisions -

For the team behind the pending redevelopment of the massive Sears Crosstown property to reach its goal of maximizing the participation of women- and minority-owned businesses, it needed to make a crucial decision early in the planning process.

51. Across US Job Market, Layoffs are Becoming Rare -

WASHINGTON (AP) – The risk of losing your job is getting smaller and smaller.

As the U.S. economy has improved and employers have regained confidence, companies have been steadily shedding fewer workers. Which is why applications for unemployment benefits have dwindled to their lowest level since February 2006 – nearly two years before the Great Recession began – the government said Thursday.

52. D. Canale Affiliate Buys Property for Distillery -

An affiliate of D. Canale & Co. has bought the Downtown property where it will develop a spirits distillery and public tasting room.

53. Music Lounge to Open in Edge District -

The Edge District near Downtown lost a theater but is gaining a new live music lounge in August.

The Dizzy Bird, named after legendary Jazz greats John “Dizzy” Gillespie and Charlie “Bird” Parker, is slated to open Aug. 2 at 652 Marshall Ave.

54. Electrolux Donating Air Conditioners in Memphis -

As part of its Keeping Memphis Cool initiative, Electrolux is donating air conditioning units Wednesday, July 16, to assist needy Memphis individuals and families.

The donation effort is being coordinated through Neighborhood Christian Centers.

55. Locally Grown Foods Look to Bigger Business -

PHILADELPHIA (AP) – Once a niche business, locally grown foods aren't just for farmers markets anymore.

A growing network of companies and organizations is delivering food directly from local farms to major institutions like Thomas Jefferson University Hospital in downtown Philadelphia, eliminating scores of middlemen from farm to fork. Along the way, they're increasing profits and recognition for smaller farms and bringing consumers healthier, fresher foods.

56. Electrolux Donating Air Conditioners in Memphis -

As part of its Keeping Memphis Cool initiative, Electrolux is donating air conditioning units Wednesday, July 16, to assist needy Memphis individuals and families.

The donation effort is being coordinated through Neighborhood Christian Centers.

57. 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.

58. Chamber: More People Working in Green Sector -

The Greater Memphis Chamber counts approximately 15,380 Memphians working in the green economy, with the largest group being 4,800 who work in clean energy.

The numbers are based on U.S. Bureau of Labor Statistics, and in the headcounts by business, there are some corporate and brand names that might not be on the tip of your tongue when you hear the term green economy or green business.

59. 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.

60. Odyssey Building -

It’s fitting that the word “odyssey” is included in the name of Sarah Petschonek’s program she launched in March 2013 as a volunteering platform for job seekers.

That’s because her Volunteer Odyssey effort promises participants a robust volunteering experience, one that’s already seen 25 people complete the program and which is preparing to expand even more beyond its initial concept.

61. Two Centennial Crossing Parcels Face Foreclosure -

The owners of two parcels in the Centennial Crossing shopping center in Southeast Shelby County have defaulted on a loan and are facing foreclosure.

MLC Investors LLC (56.08 percent interest), EJP Investors LLC (38.71 percent) and EK Investors LLC (5.21 percent interest) defaulted on their $5.8 million loan through IXIS Real Estate Capital Inc. dated Nov. 17, 2006, according to a first-run foreclosure notice in the Tuesday, July 1, edition of The Daily News.

62. Charlotte Firm Buys Mendenhall Warehouse -

4517 S. Mendenhall Road
Memphis, TN 38141
Sale Amount: $1.4 million

Sale Date: June 24, 2014
Buyer: TKC CLXXIX LLC
Seller: Tenn Thom Realty LLC
Loan Amount: $1.1 million
Loan Date: June 24, 2014
Maturity Date: N/A
Lender: First Tennessee Bank NA
Details: An affiliate of Charlotte, N.C.-based real estate development firm The Keith Corp. has paid $1.4 million for the 14,650-square-foot warehouse at 4517 S. Mendenhall Road in Hickory Hill.

63. Charlotte Firm Buys Mendenhall Warehouse -

An affiliate of Charlotte, N.C.-based real estate development firm The Keith Corp. has paid $1.4 million for the 14,650-square-foot warehouse at 4517 S. Mendenhall Road in Hickory Hill.

64. Legacy Farm Owner Files $29.8 Million Loan -

1120 Winchester Road
Collierville, TN 38017
Loan Amount: $29.8 million

Loan Date: June 18, 2014
Maturity Date: July 1, 2021
Borrower: Legacy Farm LLC
Lender: CBRE Capital Markets Inc.
Details: The owner of the 368-unit Legacy Farm apartment complex at 1120 Winchester Road in Collierville has filed a $29.8 million loan on the property.

65. Gestalt Schools Signs Lease in Hickory Hill -

A charter school operator has inked a lease for space on Winchester Road in Hickory Hill.

Gestalt Community Schools has leased 57,000 square feet of space at 5360 Winchester Road inside the Mendenhall Square shopping center.

66. AZAL Files $2.2 Million Loan on Bartlett Property -

The owner of the 26,568-square-foot warehouse at 3025 Kate Bond Blvd. in Bartlett has filed a $2.2 million construction loan on the property.

67. Brim’s Owner Files Loan on Bartlett Facility -

A company whose principal owns Brim’s Snack Foods has filed a $4.3 million construction loan on its 7940 A E Beaty Drive property in Bartlett.

TBLN Investments – whose principal, Terry Brimhall, is founder and president of Brim’s parent company Brimhall Foods Co. Inc. – filed the loan April 30 through Renasant Bank. Though the loan was filed in April, the Shelby County Register of Deeds didn’t record the loan until this week.

68. Aren Investments Buys Winchester Haverty’s -

6870 Winchester Road
Memphis, TN 38115
Sale Amount: $1.1 million

Sale Date: June 2, 2014
Buyer: Aren Investments LLC
Seller: Kirsch Associates LP
Loan Amount: $850,000
Loan Date: June 2, 2014
Maturity Date: Nov. 15, 2015
Lender: BancorpSouth Bank
Details: Local real estate investment firm Aren Investments LLC has paid $1.1 million for the Haverty’s furniture store at 6870 Winchester Road in Hickory Hill.

69. Pay Raises Go Mainly to Those in Select Industries -

NEW YORK (AP) – If you hope to get a raise that finally feels like one, it helps to work in the right industry.

Historically, at this stage in the economy's recovery, pay would be rising in most sectors. But five years after the Great Recession officially ended, raises remain sharply uneven across industries and, as a whole, have barely kept up with prices. Overall pay has been rising about 2 percent a year, roughly equal to inflation.

70. 10-Acre Cordova Industrial Site Sells -

A 10-acre heavy industrial site at 9373 Macon Road in Cordova has sold for $1.5 million to William A. McMahan of Bartlett.

71. Many Seek New Homes Near Cities But are Priced Out -

WASHINGTON (AP) – City living has been a blessing for Tim Nelson.

The Phoenix lawyer moved downtown a few months ago into a new $389,000 home with a warehouse-style floor plan, a Jacuzzi tub and kitchen counters made of Caesarstone quartz. His favorite coffee spot is three blocks away. When the Arizona Diamondbacks play on Friday nights, he can watch postgame fireworks from his deck.

72. Growth Strategy -

Cotton helped make Dunavant Enterprises into a worldwide brand, but the family and company have maintained a long-term association with the logistics industry.

Col. William Pemberton Dunavant first ventured into logistics shortly after the Civil War – decades before Dunavant entered into the cotton trade – when he was involved in building short-line railroads in Mississippi.

73. Tennessee Drops Investigation Into Diageo Storage Case -

NASHVILLE (AP) – Alcohol regulators have abruptly ended their investigation into whether liquor giant Diageo violated state laws by storing whiskey made in Tennessee in neighboring Kentucky.

74. Shops of Wolflake Sells for $3.8 Million -

2965 N. Germantown Road
Bartlett, TN 38133
Sale Amount: $3.8 million

Sale Date: May 20, 2014
Buyer: Bartlett Interests LLC
Seller: Pref Wolflake Partners GP
Details: The Shops of Wolflake retail strip center at 2965 N. Germantown Road in Bartlett has sold for $3.8 million.

75. Collierville Warehouse Sells for $1.3 Million -

Foundation Properties LLC has paid $1.3 million for the 124,940-square-foot industrial property at 141 Eastley St. in Collierville.

76. ‘Alive and Well’ -

The diverse crowd that typically gathers for South Main Historic Arts District Trolley Night – from hipsters in skinny jeans to residents who enjoy the monthly celebration of their neighborhood to others drawn to see what the fuss is all about – featured several hundred ghastly additions in May.

77. Olymbec Buys Another Memphis Industrial Property -

Canadian real estate company Olymbec USA LLC has invested again in Memphis, paying $4 million for the warehouse at 4219 Air Trans Road in Oakhaven.

78. Perkins Hotel Sells After Foreclosure -

2700 S. Perkins Road
Memphis, TN 38118
Sale Amount: $2.2 million

Sale Date: May 23, 2014
Buyer: HC Memphis LLC
Seller: Douglas M. Alrutz, successor trustee
Details: The Inn at Thousand Oaks hotel at 2700 S. Perkins Road in Parkway Village has sold for $2.2 million following a first-run foreclosure notice filed earlier this year.

79. Senatobia Furniture Factory to Close -

A furniture factory that was once had more than 1,000 employees in Senatobia is closing.

Chromcraft Revington laid off as many as 200 employees earlier this month, leaving the furniture maker and distributor with about 30 employees to wind down its operations.

80. Events -

The Circuit Playhouse will present the dark comedy “The Lyons” Friday, May 30, through June 22, at the theater, 51 S. Cooper St. Buy tickets at playhouseonthesquare.org.

81. Change on Tap for Many Local Public Companies -

Here’s a snapshot of recent news and developments at some of the publicly traded companies based in Memphis, reflecting the influence these companies have and the shadows they cast both in Memphis and beyond, in industries that range from bioscience to banking.

82. Titan Medical Buys Bartlett Warehouse -

An affiliate of Titan Medical Manufacturing LLC has paid $2.2 million for the 50,635-square-foot warehouse at 7580 Bartlett Corporate Drive in Bartlett.

83. FedEx Seeks Office Space as Needs Shift -

FedEx Corp. is currently looking for 25,000 square feet of office space in the Memphis market, according to several real estate brokers.

84. Events -

Memphis Italian Festival will be held Thursday, May 29, through Sunday, May 31, at Marquette Park, at the corner of Mount Moriah Road and Park Avenue. The 25th annual event will celebrate all things Italian with food, music, sports competitions and more. Visit memphisitalianfestival.com for tickets and schedule.

85. Senatobia Furniture Factory to Close -

A furniture factory that was once had more than 1,000 employees in Senatobia is closing.

Chromcraft Revington laid off as many as 200 employees earlier this month, leaving the furniture maker and distributor with about 30 employees to wind down its operations.

86. Shelby Farms Files $25 Million Permit for Lake Expansion -

500 Pine Lake
Memphis, TN 38134
Permit Cost: $25 million

Project Cost: $52 million
Permit Date: Applied May 2014
Completion: June 2016
Owner: Shelby Farms Park Conservancy
Tenant: Shelby Farms Park Conservancy
Architect: james corner field operations
Contractor: Montgomery Martin Contractors LLC
Details: The Shelby Farms Park Conservancy has filed a $25 million permit with the city-county Office of Construction Code Enforcement to expand Patriot Lake.

87. Von Drehle Files Loan on Hickory Hill Facility -

Towel and tissue producer von Drehle Corp. has filed a $2.2 million loan on its industrial facility at 4826 Hickory Hill Road.

88. Warehouse Owner Files $1.1 Million Loan on Property -

The owner of the 117,300-square-foot warehouse at 4242 B.F. Goodrich Blvd. in Oakhaven has filed a $1.1 million loan on the property.

Riveredge Co. Inc., which lists a Bartlett address, filed the deed of trust April 16 through Peoples Bank of Clifton, Tenn.

89. Volvo Group’s Byhalia Facility to Employ 250 -

The Volvo Group will build a massive new distribution center in Byhalia, Miss., that should employ around 250 people.

The 1 million-square-foot distribution center will support the company’s Mack, Volvo and UD truck brands, as well as Volvo Construction Equipment and Volvo Penta. 

90. Life Church Buys Victory Campus for $4.4 Million -

255 N. Highland St.
Memphis, TN 38111
Sale Amount: $4.4 million

Sale Date: May 2, 2014
Buyer: The Life Church of Memphis Inc.
Seller: SignificantPsychology LLC
Loan Amount: $3.8 million
Loan Date: May 2, 2014
Maturity Date: May 5, 2019
Lender: Triumph Bank
Details: The Life Church of Memphis has paid $4.4 million for the former Victory University campus at 255 N. Highland St.

91. Dancing on Broad -

A person doesn’t have to look far to get a feel for the distinctiveness and the uniquely artistic hue that colors Memphis’ Broad Avenue neighborhood.

To cite one example: The neighborhood for eight weeks this summer is hosting a dance party.

92. Bank Buys Magic Apparel Facility After Foreclosure -

An affiliate of EverBank Financial Corp. has paid $1.1 million for the Magic Apparel warehouse at 4361 Shelby Air Drive in Oakhaven following a foreclosure.

93. Tactical Urbanism: Citizen Projects Go Mainstream -

MEMPHIS (AP) – The city painted a crosswalk and installed tennis-ball green signs, but the cars just kept on zooming through. But rather than wave a white flag, Sarah Newstok grabbed an orange one instead.

94. Carnival Memphis Celebrates Trucking Industry -

Trucking industry representatives and employees packed the spacious Tennessee Ballroom at Hilton Memphis, the gleaming glass hotel in East Memphis, for Carnival Memphis’ salute to the trucking industry.

95. Poetry in Motion -

Darius Clayton was one of the few people at a recent NAACP political forum who wasn’t running for Shelby County office this year or working for a candidate.

Clayton came to the event at Mt. Olive Cathedral CME Church as part of his immersion into the city’s political environment.

96. Forest Hill Technology Center Sells for $5.2 Million -

3860 Forest Hill-Irene Road
Germantown, TN 38125
Sale Amount: $5.2 million

Sale Date: March 31, 2014
Buyer: 3860 Forest Hills Irene LLC
Seller: BACM 2007-1 Irene Road LLC
Loan Amount: $5.6 million
Loan Date: April 17, 2014
Maturity Date: N/A
Lender: First Tennessee Bank NA

97. Bank Buys Collierville Property After Foreclosure -

First Citizens National Bank has paid $1.3 million in a substitute trustee’s deed for the industrial property at 141 Eastley St. in Collierville following a foreclosure.

98. Armstrong Relocation Owner Shares ‘Only in America’ Story -

When Tom Watson was a child, his father and uncle bought what was then known as Armstrong Transfer and Storage Co.

99. Gregory Realty Pays $1.8 Million for Bartlett Facility -

The 30,976-square-foot industrial facility at 7895 Stage Hills Blvd. in Bartlett has sold for $1.8 million.

100. Wright Medical Investing in Arlington -

Just months after relocating its corporate headquarters to Memphis, Wright Medical Group Inc. is planning a $4.3 million expansion of its manufacturing and distribution operations in Arlington.