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Editorial Results (free)

1. Changing Landscape -

A “high-end” grocery store chain not currently serving the Memphis market has leased the shuttered former Kroger store at 9050 U.S. 64 in Lakeland and should open in the spring, according to a Lakeland official.

2. ‘Significant Headwinds’ -

When Gov. Bill Haslam joined local economic development and civic officials at FedExForum in January to announce that Conduit Global would open a call center in Shelby County that would employ 1,000 people over the next three to five years, it provided a much-needed boost to the local office real estate sector.

3. Conn’s Plans Home Store in Memphis -

Texas-based retailer Conn’s will be opening a store in Southeast Memphis, one of possibly three stores the home appliances and furnishings chain plans to open in Tennessee.

The retailer will open a Conn’s HomePlus in May in 42,296 square feet at the Cross Creek Shopping Center at Riverdale and Tenn. 385 that Babies “R” Us vacated.

4. New Life -

When Rob Clark and his wife moved into their home in the historic Evergreen neighborhood in 1993, catalog and distribution operations were still active at the Sears Crosstown building.

That soon changed, and for roughly two decades the hulking property stood as a towering, painful reminder of the area’s faded glory.

5. New Life -

When Rob Clark and his wife moved into their home in the historic Evergreen neighborhood in 1993, catalog and distribution operations were still active at the Sears Crosstown building.

That soon changed, and for roughly two decades the hulking property stood as a towering, painful reminder of the area’s faded glory.

6. Grocery Growth -

By the end of this year, Kroger will have spent between $150 million and $200 million on upgrades, fixes and renovations at its Memphis-area stores.

That investment is one example among many in the Memphis area of how the stiff competition among grocers and similar retailers is playing out as they make grabs for bigger slices of the customer pie.

7. Plans in Works for Dormant Midtown Project -

City officials are working on plans to kick-start the dormant Washington Bottoms project at Poplar Avenue and Cleveland Street in Midtown.

Memphis Housing and Community Development director Robert Lipscomb confirmed that he is working on the effort but said he was not yet able to release detailed information on the project.

8. Shopping Center Group Moving to New Office -

The Shopping Center Group LLC is moving to a new office.

The Memphis office of the Atlanta-based retail real estate brokerage firm, which leases a total of approximately 4 million square feet of retail space and represents 100 retailers, is moving from 773 E. Brookhaven Circle to 5101 Wheelis Drive, Suite 106, at Clark Centre.

9. Restaurant Row -

If you blink, you might miss a new restaurant opening along the Poplar Avenue corridor in East Memphis.

Over the last few months, several new restaurants have opened or are on the way around the heavily traveled Poplar corridor between Perkins Road and Kirby Parkway.

10. Shopping Spree -

Retailers have been gearing up for a frenzied Black Friday, marking the beginning of the holiday shopping season, but industry experts expect a lukewarm year compared to moderate growth in 2012.

Both nationally and locally, many stores opened earlier than ever before in an attempt to capture customers before their competitors and maximize a shorter-than-usual shopping season.

11. Winchester Law Firm Inks Lease at Triad Centre -

The Winchester Law Firm is moving to a new space within the Triad Centre II office building in East Memphis with a new buildout.

The law firm will occupy 5,523 square feet in the Highwoods Properties office building at 6060 Poplar Ave.

12. Square Roots -

Breakaway Running owner Barry Roberson was blown away by the crowds who visited his new Overton Square store, which opened Oct. 30.

13. ‘Handle With Care’ -

Once the settlement of a lawsuit over control of Beale Street is complete, the administration of Memphis Mayor A C Wharton Jr. plans on issuing requests for firms to manage and develop the thriving entertainment district.

14. Saddle Creek Growth Sign of Future for City -

The Shops of Saddle Creek is in store for a multimillion-dollar makeover and expansion, a project that will likely be the first of several development dominoes to fall in Germantown.

Texas-based Trademark Property Co., which has operated the retail center since 2011, will expand the portion of the 148,000-square-foot lifestyle center on the southwest side of Poplar Avenue and West Street in Germantown.

15. Midtown Mix -

Go by Overton Square during lunch or at night, and the place is usually overflowing with visitors – some who want lunch, dinner or a libation, and some who come just to enjoy the simple pleasure of people-watching.

16. Change of Scenery -

After spending years or decades in their current form, longtime staples of the local real estate scene are about to disappear or undergo major changes that will forever alter the city’s built landscape.

17. Cozymel's Property Comes Down -

The first financial ripples from International Paper Co.’s decision to build a fourth tower at its East Memphis campus are seeping out.

18. Shopping Center Group Sees Retail Starting to Rally -

The Shopping Center Group is seeing activity perk up a bit in 2013 following several years of sluggishness in the local retail market due to the recent recession.

“It is definitely a lot better than it was two to three years ago. We are busier than we were then,” said Danny Buring, managing partner of The Shopping Center Group’s Memphis office.

19. Drugstore Corridor -

Walgreen Co. is building a new store on Poplar Avenue in East Memphis amid some of the most important and valuable commercial real estate in the city.

20. Retail Therapy -

The retail business has been described in recent times as Darwinian in nature to those in the industry, meaning formats come and go as competition intensifies each year.

That concept is apparent in retail chains having trouble finding the best real estate for new locations as antiquated strip centers retain high vacancies. Or in the resurgence of upscale retailers, while dollar stores are simultaneously expanding at a rapid clip.

21. New Panera Underscores Midtown’s ‘Tipping Point’ -

Panera Bread Co. is coming to one of Midtown’s busiest streets following years of site selection in the area.

22. Free People Set to Open in Saddle Creek -

Free People, a high-end women’s retailer of apparel and other items, will open at The Shops of Saddle Creek in Germantown on Friday, Sept. 14.

The Philadelphia-based retailer fills part of the space formerly occupied by Gap, in between the new Brighton Collectibles and Anthropologie. The location marks Free People’s second boutique in Tennessee, after a location in Nashville.

23. Free People to Open in Saddle Creek -

Free People, a high-end women’s retailer of apparel and other items, will open at The Shops of Saddle Creek in Germantown on Friday, Sept. 14.

The location marks the Philadelphia-based retailer’s second boutique in Tennessee, after a location in Nashville. The 2,000-square-foot space will feature a “Blacksmith Cottage” concept, the brand’s second store with this design, and the first of its kind in the U.S.

24. Free People to Open in Saddle Creek -

Free People, a high-end women’s retailer of apparel and other items, will open at The Shops of Saddle Creek in Germantown on Friday, Sept. 14.

The Philadelphia-based retailer fills part of the space formerly occupied by Gap, in between the new Brighton Collectibles and Anthropologie. The location marks Free People’s second boutique in Tennessee, after a location in Nashville.

25. Market Entrance -

The quick-service food concept Panda Express has entered the Memphis retail market on the city’s highest-trafficked surface street.

The Chinese restaurant chain will open a 2,665-square-foot new prototype store in Cordova in early September at 577 Germantown Parkway in front of Walmart Supercenter.

26. Poplar Transformation -

Two big retail deals have recently been inked on the Poplar Avenue corridor, soon filling empty spaces on the city’s busiest street.

A new Family Dollar is going in the old Stringer’s Garden Center site at 2974 Poplar, while Office Depot and Hollywood Feed are going in the former Samuel’s Furniture space at 5502-5510 Poplar, near South Yates Road.

27. Former Cleo Site Sells For $2.6M -

A Memphis-based buyer has bought more than 1 million square feet formerly occupied by Cleo Inc. gift-wrapping company in Airport Industrial Park Section A for less than two-thirds of the listing price.

28. Benz Repair Shop to Open On Cooper St. -

A high-end automobile maintenance and repair shop soon will be added to Cooper-Young’s booming portfolio of local businesses.

Shane Herbers, founder of Midtown Motor Werks, has leased 5,000 square feet at 795 S. Cooper St. from Richard Sullivan.

29. Riding High -

The traditional enclosed shopping mall is supposedly a retail relic, a throwback to the days when most consumer buying activity occurred behind bricks and mortar.

Fifteen years after it opened, though, Wolfchase Galleria is still holding on, maintaining a high occupancy rate, bringing on innovative concepts that fit into the mall’s existing mix and having recently announced a group of new tenants.

30. ‘Get In and Out’ -

In a local commercial real estate market where prices have plunged as much as 40 percent from 2007 peaks, special service companies are taking advantage of opportunities for buying distressed debt.

31. Hacks Cross Center Sells For $1 Million -

A shopping center in the Southeast submarket has traded hands. AAK Ventures LLC acquired the 10,500-square-foot Players Crossing Retail Center, 3285 Hacks Cross Road, from BancorpSouth for $1 million.

32. Ridgeway Trace’s Success Fills ‘Huge Void’ -

A dramatic change to the retail landscape in East Memphis began in February of 2005 with one phone call.

Danny Buring, managing partner of The Shopping Center Group, made that call to the owner of the Ridgeway Trace Apartments, located on the southeast corner of Poplar Avenue and Interstate 240.

33. Retail Rebound? -

Retail sales are looking bright this year, a sign that the pendulum of consumer confidence is swinging back in the right direction.

Holiday sales are anticipated to increase a modest 3.3 percent this year – adjusted from 2.3 percent in November – according to the National Retail Federation (NRF). This year’s uptick follows 2008’s 3.9 percent decline and also tops the 10-year average holiday sales increase of 2.5 percent.

34. Cheddar’s Casual Café Comes to Memphis -

Cheddar’s Casual Café has recently filed for a $1.4 million building permit for about 8,600 square feet at 7684 Winchester Road in Michael Lightman Realty Co.’s Centennial Commons development.

35. Real Estate Recycling -

If sustainability is defined as reuse of land and/or structures for new purposes, Hickory Hill may be the capital of the concept in Memphis.

Consider New Direction Christian Church, which found a home in a vacant big box store and now plans to transform a vacant and blighted apartment complex into a charter middle and high school with a performing arts center. The bulldozers began demolishing the Marina Cove apartments complex last month.

36. Chipotle to Open First Memphis Locale -

A Mexican eatery will be the latest tenant to occupy space in one of Memphis’ most populated areas, where it is joining several corporate retail giants.

Chipotle Mexican Grill Inc. has leased 2,400 square feet of space in Ridgeway Trace center, 5963 Poplar Ave. It will be Denver-based Chipotle’s first Memphis-area restaurant.

37. Kent H. Landsberg Co. Doubles Space -

Kent H. Landsberg Co. has finally inked a deal that had been in the works for quite some time.

Landsberg, a packaging, janitorial and food service shipping supply company, stayed in Memphis and expanded when it purchased Wurzburg Inc., a Memphis-based provider of supply-chain logistics and packaging.

38. Two More Tenants Join Ridgeway Trace -

Weingarten Realty Investors on Thursday announced the addition of two tenants – Yogurt Mountain and SportClips – to its Ridgeway Trace retail center at Poplar Avenue and Interstate 240.

Yogurt Mountain will lease 1,500 square feet and SportClips will lease 1,125 square feet, officials with Houston-based Weingarten said in a release.

39. A Sense of Place -

June West was born with a proverbial thick skin. She said her parents blessed her with an uncanny ability to take criticism in stride, an important trait for anyone who faces the verbal abuse that West routinely absorbs as executive director of the nonprofit Memphis Heritage Inc.

40. Target Bolsters Local Presence -

Target Corp. wants more of its Memphis-area customers to be able to add beer and additional grocery items to shopping lists that already include the chain’s home accessories and latest fashions.

41. Midtown Target -

Two years ago this month, awed silence greeted real estate developer Tom Marsh as he clicked through slides and walked a neighborhood group through his team’s plan.

42. Crews Buys Collierville Hampton -

1280 W. Poplar Ave.
Collierville, TN 38017
Sale Amount: $5.1 Million

Sale Date: May 11, 2010
Buyer: SGR LLC
Seller: Collierville Hotels GP
Loan Amount: $3.8 million
Loan Date: May 11, 2010
Maturity Date: May 11, 2015
Lender: First Citizens National Bank

43. Weingarten Files Permits for Ridgeway Trace Pads -

Houston-based Weingarten Realty has filed building permits with the city-county Office of Construction Code Enforcement to construct three structures at its 300,000-square-foot Ridgeway Trace retail development at Poplar Avenue and Interstate 240.

44. Midtown Big-Box Site Not Dead – Yet -

Friday’s foreclosure notice announcing a sale on the courthouse steps of dozens of Midtown properties where a long-awaited mixed-use project has been planned for years is not an automatic death knell for the development.

45. Facelift Planned for Colonial Target -

A popular but aged East Memphis shopping destination is finally getting a much-needed makeover.

Minneapolis-based Target Corp. has filed a $2.5 million building permit with the city-county Office of Construction Code Enforcement to renovate and slightly expand its 30-year-old, 122,857-square-foot store at 601 Colonial Road in the East Central/Poplar Perkins area of East Memphis.

46. Conwood Buys Hickory Hill Facility For Planned $133 Million Expansion -

5106 Tradeport Drive
Memphis, TN 38141
Sale Amount: $19.3 Million

Sale Date: Nov. 5, 2009
Buyer: Conwood Co. LLC
Seller: Chickasaw and Goodman Realty Holding Co.
Details: Conwood Co. LLC on Nov. 5 formally acquired the 787,500-square-foot facility at 5106 Tradeport Drive in Hickory Hill South for $19.3 million. Conwood earlier this year announced plans to buy the building, where it will expand its manufacturing operation of the smokeless tobacco products Kodiak and Grizzly.

47. Cypress Buys T-Mobile’s Union Avenue Store -

Memphis-based Cypress Realty Holdings Co., a private real estate investment trust managed by Joe Jarratt and Price Ford, has bought the retail/billboard site at 1860 Union Ave. in Midtown for $950,000. Operating in the transaction as Cypress Realty Holdings Co. II LLC, the company acquired the property Nov. 10 from Louisville, Ky.-based Elvi Partners LLC.

48. Retailers With Strong Local Ties Report Losses -

More signs of economic woe appeared Wednesday with news of sagging sales from retail behemoths Macy’s Inc. and Best Buy Co., both of which have a significant presence in Memphis.

49. Tight Times in RE Market In Spite of High-Dollar Deal -

Even though StoneCrest Investors LLC just unloaded $55.2 million worth of Cordova real estate, the Round Rock, Texas-based development company remains committed to the area, company CEO Brad Smith said this week.

50. $55M Transaction Lifts Commercial RE -

Shelby County's sluggish commercial real estate market got a boost when a portfolio that includes Cordova's Countrywood Crossing shopping center and Dick's Sporting Goods sold to an out-of-town real estate investor for $55.2 million.

51. Big-Picture Economics Topic Of Property Summit -

A host of experts will discuss the bigger picture of the U.S. and global economies as well as local real estate matters at this week's Commercial Property Forecast summit, hosted by the Memphis Area Association of Realtors' Commercial Council.

52. Local Investors Plan Changes For Retail Center in C'ville Corridor -

679 W. Poplar Ave.
Collierville, TN 38017
Sale Amount: $1.9 million

Sale Date: Jan. 14, 2008

Buyer: JW-Collierville LLC, PC-Collierville LLC, DB-Collierville LLC and SG-Collierville LLC (as tenants in common)

53. Kroger Latest Business to Leave Hickory Hill -

For years, Hickory Hill residents have watched the neighborhood slowly decline as one business after another leaves.

Along the stretch of Winchester Road between Hickory Hill and Riverdale roads, a number of businesses have moved out, including Smokey Bones Barbeque & Grill, CompUSA and Fisherman's Buffet, among others.

54. Change of Face -

Editor's Note: This is the last in The Daily News' five-part Retail Reinvented series about the past - and future - of the local shopping landscape.

Most shoppers only vaguely remember the days when Carrefour at Kirby Woods, Germantown Village Square and Park Place Mall were enclosed shopping centers. Most of the malls opened in the late 1970s or early 1980s, and all had converted to outdoor malls by 1999.

55. Malled by the Competition -

Editor's note: This is the third in The Daily News' five-part Retail Reinvented series about the past - and future - of the local shopping landscape.

Pat Jacobs knows a thing or two about Memphis malls. He served as general manager of Southland Mall for 18 years before taking the same job at Hickory Ridge Mall in 2003.

56. Former Kmarts, Cordova Shopping Center Have New Options With New Plan -

When New Plan Excel Realty Trust Inc. and Sears Holdings Corp. set up a joint development venture in 2005, the venture's first deal involved transforming three former Kmart stores in Memphis.

Sears had closed the stores in 2005, citing their under-performance. Since then, Sears' partner in its development venture - a New York real estate investment trust (REIT) with assets of about $3.5 billion - has more than lived up to its name.

57. Lookin' Good -

The high-end cosmetics store whose name reportedly is derived from the Greek word for beauty is poised to bring a new fragrance to the Memphis market this year.

Sephora - the skin care and beauty chain that operates more than 500 stores in 14 countries - is entering the Memphis market in the coming months with the launch of stores in two of the city's premier shopping centers.

58. You Better Shop Around -

Seattle-based Nordstrom Inc. has Memphis on its radar as a possible home for one of its upscale department stores within the $100 million Forest Hill Plaza commercial development being built at the intersection of Winchester and Forest Hill-Irene roads.

59. Gordmans to Anchor Centennial Place -

10.62 acres near
Winchester Road
Cost: $12 million

Borrower: Centennial Place Co.

Lender: 1st Trust Bank for Savings FSB

60. Area Retail Market Sees Momentary Slowdown -

Not since the first quarter of 2004 has the Memphis retail real estate market shown such unimpressive numbers - vacancies are up while lease rates, construction and quarterly absorption are down from last year.

61. Large-Scale Developments Help Draw New Retailers -

Having a metro population that ranked 44th in the 2000 U.S. Census can be challenging when it comes to attracting new retailers, but several new developments opening in the Memphis area are broadening its retail landscape.

62. Archived Article: Lead - By Andy Meek

Germantown Parkway Gets More Retail

Parkway Collection to resemble nearby center

ANDY MEEK

The Daily News

More retail options are getting set to open along Germantown Parkway, joining scores of shopping centers, stores an...

63. Archived Article: Lead - Retail Growth Will Continue Even After Construction

New Malls to Drive Further Retail Growth

Big-box, small stores to follow large-scale centers

LANCE ALLAN

The Daily News

The Metro Memphis retail landscape is about to see major chang...

64. Archived Article: Lead - Ethan Allen to Relocate Near Wolfchase

Ethan Allen Picks Site Near Wolfchase

Furniture store to relocate to growing retail center

LANCE ALLAN

The Daily News

Its new home will be just a few blocks north of its current location, but whe...

65. Archived Article: Trends - By Andy Meek

Developers Foresee Year of Urban Reinvestment

ANDY MEEK

The Daily News

The waiting list for a new 200-lot development on Mud Island speaks for itself.

A sense of urgency. More than 400 people are vying for one of develope...

66. Archived Article: Real - Commercial Realtors Depending on Internet

Internet Makes Impact on Commercial Sales

LANCE ALLAN

The Daily News

The day real estate professionals arent needed to help buyers and sellers complete real estate transactions will probably neve...

67. Archived Article: Lead - Retailers Moving to Whitehaven

Large-Scale Retail Heads for Whitehaven

Wal-Mart spawns further development in underserved area

LANCE ALLAN

The Daily News

When Wal-Mart Supercenter opens its doors in Whitehaven next year, it will mark ...

68. Archived Article: Real - Major Outdoor Retailer Coming to Hacks Cross Area

Winchester Corridor Continues to Expand

LANCE ALLAN

The Daily News

A national outdoors retailer is preparing to enter the Memphis market, choosing a thriving stretch of Winchester Road fo...

69. Archived Article: Trends Focus - By Andy Meek

Large Retailers Look Within City Limits

ANDY MEEK

The Daily News

As customer demographics shift, large retail operations once known for dominating suburban markets are becoming a more familiar sight in urban areas.

And re...

70. Archived Article: Annex (lead) - Annexation Affects More Than Residents

Rising Taxes Hit Commercial Properties

Landlords adjust to annexation-driven tax increases

LANCE ALLAN

The Daily News

When an unincorporated area of Shelby County is annexed by the city of Memphi...

71. Archived Article: Hh Retail (lead) - Hickory Hill

As Hickory Hill Evolves, Retailers Adapt

Stores shift focus to local, not regional, shoppers

LANCE ALLAN

The Daily News

It wasnt so long ago that Metro Memphis had two major retail centers, each anchored by a sparkling ne...

72. Archived Article: Desoto (lead) - DeSoto retail

DeSoto County to Become Retail Hub

Developers cash in on areas residential, economic growth

LANCE ALLAN

The Daily News

DeSoto County has made a name for itself in recent years as a distribution hub, with companies increa...

73. Archived Article: Real Focus - Real

Winchester: Not Another Germantown Parkway

LANCE ALLAN

The Daily News

Germantown Parkway, once a road without any reason for stoplights, now has too many to count, due in large part to commercial development that has taken place in ...

74. Archived Article: Coll Retail (lead) - Lead

Collierville Experiences Retail Boom

Open-air mall brings new development south of Poplar

LANCE ALLAN

The Daily News

When Cousins Properties Inc. and Jim Wilson & Associates Inc. purchased 135 acres of land for the much-talke...

75. Archived Article: Newsmakers - (e-photo) Virginia M

Memphis Area Legal Services Hires Staff Attorney

Virginia M. Alexander was hired as a staff attorney with Memphis Area Legal Services Inc. to work on MALS family/domestic violence project. Alexander previously was a sole p...

76. Archived Article: Real Briefs - The Memphis Certified Commercial Investment Member

The Memphis Certified Commercial Investment Member monthly luncheon is 11:45 a.m. today at the former Disney Store in Hickory Ridge Mall, 6075 Winchester Road. The luncheon focus is Retail Market...

77. Archived Article: Shopping (lead) - New center a boon to residential boom

New center a boon to residential boom

By STACEY WIEDOWER

The Daily News

Construction is nearing completion on a 25,000-square-foot shopping center at Houston Levee and Macon roads in Cordova.

The ...

78. Archived Article: Real Briefs - Crye-Leike Realtors

Crye-Leike Realtors concluded its 2002 United Way Workplace Campaign by raising a total of $60,739 to support United Way agencies in 32 counties in Tennessee, Arkansas, Mississippi and Georgia.

Since becoming a partner with...

79. Archived Article: Real Focus - Retail sector a beacon in dreary 2002 real estate market

Retail sector a beacon in dreary 2002 real estate market

By STACEY WIEDOWER

The Daily News

As far as Memphis real estate is concerned, 2002 has seen sluggish office market growth, ...

80. Archived Article: 01building (lead) - 2001 new building falls drastically from year before 2001 commercial construction falls drastically By SUE PEASE The Daily News The number of building permits filed for new commercial construction fell by almost half last year compared to the number...

81. Archived Article: Cville (lead) - Open-air mall in works for Collierville Open-air mall planned for Collierville By SUE PEASE The Daily News If planning comes to fruition, a more than 1 million-square-foot mall could make its home in Collierville. A shopping center developer based i...

82. Archived Article: Marketplace (mall) - Wolfchase area building to beat of different drum Wolfchase area building to beat of different drum By KATHLEEN BURT The Daily News When Wolfchase Galleria opened its doors in 1997, retailers large and small couldnt wait to grab their bit of heaven ...