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Editorial Results (free)

1. A Calling Card That Speaks Volumes -

For those in marketing, there is never, ever enough time in the day to get it all done. That’s why savvy marketers seek passive marketing strategies to compliment their more active techniques. It’s like having a secret squad at work for you 24/7.

2. This week in Memphis history: November 8-14 -

1963: Mass immunizations against polio using the new Sabin oral vaccine began in Memphis and Shelby County

1933: The Tennessee Brewing Co. reopened for the first time in 15 years with the first bottles of Goldcrest beer, brewed and bottled in Memphis, delivered to stores by the Memphis company. The final state necessary to ratify the 21st amendment to the U.S. Constitution, the amendment that repealed the 18th amendment and ended national prohibition, would not approve the amendment for another month. But a Tennessee Constitutional convention had ratified the amendment in August.

3. This week in Memphis history: November 1-7 -

2012: On the front page of The Daily News, Memphis-based International Paper Co. confirmed it was exploring its options in expanding its Memphis headquarters, including looking at relocating in other cities. The company’s leaders later decided to expand the Memphis footprint in the Poplar Corridor with another building in the complex near Poplar Avenue and Massey Road.

4. This week in Memphis history: September 20-26 -

1993: Elvis Presley Enterprises joined the ownership group for the proposed Memphis NFL franchise that city leaders were seeking. William B. Dunavant Jr., the leader of the effort, announced Graceland’s role in the ownership group during a reception at Graceland. Others in the ownership group included Fred Smith, Mike Starnes, J.R. “Pitt” Hyde and Paul Tudor Jones.

5. Coffee, Beer Bar Coming Downtown -

Downtown residents and visitors will soon be able to grab a cup of joe, locally brewed beer and a fresh sandwich or salad in one convenient spot.

Taylor Berger, partner in YoLo Frozen Yogurt & Gelato, and partners Mitch Buckner (of Bella Café in Pink Palace) and Daniel Flanagan (of Chiwawa, the newly opened Southern-inspired eatery near Overton Square) have signed a lease for 2,755 square feet of retail space in the ground floor of Van Vleet Flats, 122 Gayoso Ave.

6. Coffee, Beer Bar Slated for Downtown -

Downtown residents soon will be able to grab a cup of Joe, locally brewed beer and a fresh sandwich or salad in one fell swoop.

Taylor Berger, partner in YoLo Frozen Yogurt & Gelato, along with partners Mitch Buckner (of Bella Café in Pink Palace) and Daniel Flanagan (of Chiwawa, the newly opened Southern-inspired eatery near Overton Square), have signed a lease for 2,755 square feet of retail space in the ground floor of Van Vleet Flats, 122 Gayoso Ave.

7. Wharton Budget Plan Includes Alternatives To 47 Cent Tax Hike -

Memphis Mayor A C Wharton Jr. took a $628.3 million city operating budget proposal Tuesday, April 17 to the Memphis City Council with a 47-cent property tax hike proposed to meet the city’s obligation to fund Memphis City Schools.

8. Obama Teams Up With Wife to Finish Bus Tour -

NORTH CHESTERFIELD, Va. (AP) – President Barack Obama teamed up with his popular and personable wife Wednesday on the final leg of a three-day bus trip, seeking to use her broad appeal to rally support for elements of his jobs bill and his re-election campaign.

9. Artists, Politicians Weigh in on Gibson Raids -

British singer-songwriter James Blunt has filmed a brief video of himself praising Gibson Guitar Corp., the embattled guitar maker whose Memphis and Nashville facilities were raided last month by federal agents.

10. Exchange Club Announces New Board Members -

The Exchange Club Family Center has announced new board members as well as officers for 2011-2012.

Officers are Dan O’Brien, president; George Goldhoff, vice president; Grant Adams, treasurer; Adrienne Dailey-Evans, secretary; and Lucia Heros, immediate past president.

11. Exchange Club Announces Board -

The Exchange Club Family Center has announced new board members and officers for 2010-2011.

The new board members are Grant Adams, Holly Walters Craft, Adrienne Daily-Evans, Dr. Sheryl Davis, Handel Durham, Joe Fracchia, Dr. Patrick Randolph, Mike Fay, Dr. John Holmes, Shelly Rice and Rick Holland.

12. Obama Seeks Court Nominee Who Backs Women's Rights -

WASHINGTON (AP) - President Barack Obama, treading carefully on the explosive issue of abortion and the U.S. Supreme Court, said Wednesday he will choose a nominee who pays heed to women's rights and privacy when interpreting the Constitution.

13. Founders of Grand Events Sell Company’s Warehouse -

3347 Pearson Road
Memphis, TN 38118
Sale Amount: $2.5 Million

Sale Date: June 13, 2008
Buyer: Schwarz Properties LLC
Seller: Hoyt Mark White and John Stanley White
Loan Amount: $2.1 million
Loan Date: June 12, 2008
Maturity Date: N/A
Lender: BankTennessee
Details: Asheboro, N.C.-based Schwarz Properties LLC has bought the 130,925-square-foot warehouse that houses Grand Events and Party Rentals, which now will lease the space.

14. Oak Hall Renovation Begins Monday - After lengthy financing delays from a shaky real estate market, the group planning to renovate the old Oak Hall building at 555 S. Perkins Road Extended is finally ready to move forward.

Glen Bascom Jr., Glen Bascom Sr. and Chris Montesi – the trio who comprise the entity 555 Perkins LLC – have secured a $5.2 million construction loan with U.S. Bank NA to overhaul the 54,265-square-foot office building just south of the intersection at Poplar Avenue and Perkins Road Extended.

The renovation financing was orchestrated by Rick Wood, senior vice president for Financial Federal Savings Bank.

Construction on the 1966 property begins Monday, more than four months after the initial building permit was filed, although the partners’ interest in the property goes back much further. The group bought the ground lease of the building for $1.2 million from LaSalle Bank NA in December 2006, and Bascom Sr. had owned the land since the late 1980s.

Bascom Jr. has been champing at the bit to get the project under way, but he understood the hesitance of lenders, in these tight credit times, to front money for a building that’s only 15 percent preleased.

“I think a lot of big players are like that,” Bascom Jr. said. “Nobody wants to finance a spec building – either an apartment building, condo building or office building. They want to have tenants in place, and that was the hard part with us – we want to build it first and then get tenants.”

Looking for warm bodies

Getting tenants is the company’s goal over the next six months during redevelopment of the building, which will be renamed First Capital Center after the anchor tenant.

Germantown-based First Capital Bank will occupy 6,000 square feet on the ground floor with a branch that includes a drive-thru. The bank joins two existing tenants that are remaining in the four-story building, leaving about 45,000 square feet available for lease.

That task is being handled by Joe Steffner, president of the Memphis office of Grubb & Ellis Co. Steffner said he believes the renovated space of a well-known building along Poplar will make it a desirable locale for office users.

“When you compare the price with the amenities and the brand-new space in the building, it will be a relatively easy sell,” he said. “The Poplar corridor is where everyone has wanted to be. Over the past 15 years the market has grown and people have gone to the 385 corridor as kind of the second choice. Over the past several years, the tenants that either couldn’t find space on Poplar or didn’t want to be on Poplar for whatever reason have tended to come back to Poplar.”

Bascom Jr. agreed that the location along the high-density Poplar Avenue corridor should keep the First Capital Center insulated from what has been a generally soft market.

“Of all the deals that we have out there now, it’s a no-brainer,” Bascom Jr. said. “This one’s going to be successful. It’s a lot of money and time involved over the year or two, but it’s the one I feel most comfortable with of all the projects we’ve got going on.”

New and improved

Renaissance Group is architect and Montgomery Martin Contractors LLC is contractor for the project. Chris Ybos of Montgomery Martin said the expected completion date is about six months away.

Once the building is finished by the end of the year, it won’t look anything like the structure that formerly housed an Oak Hall clothing store. Upgrades include new HVAC, new roof, new shell, new windows, plus plenty of parking for tenants.

Steffner said pricing will be lower than other office space nearby because it’s an older building, but it will recapture the feel of a new product.

“It’s hard to take an older building and make it Class A, and yet they’re doing everything possible to make it A,” Steffner said. “It’s hard to argue with the amenities in the building, plus the bank on site. We think it will be an A-minus building with B prices. That will make it competitive.

“It’s exciting because it’s like having a brand-new building to lease on a speculative basis at below-market rates. We’ve never had an opportunity like this before. It will have a new name, but it’s a location everyone knows.”

...

15. Methodist Director Elected President Of Tennessee Board of Pharmacy -

Sheila Mitchell, director of pharmacy services at Methodist Le Bonheur Germantown Hospital, has been elected president of the Tennessee Board of Pharmacy. Mitchell has worked for Methodist for more than 20 years. She is an assistant professor at the University of Tennessee Health Science Center's College of Pharmacy and has served on several committees for the National Association of Boards of Pharmacy. The Tennessee House of Representatives honored her in 2002 for her local contributions to her field.

16. UTHSC Names Neonatology Division Chief -

Dr. Ramasubbareddy Dhanireddy was named neonatology division chief and Sheldon B. Korones Professor in Neonatology at the University of Tennessee Health Science Center. Dhanireddy also will serve as medical director of the Sheldon B. Korones Newborn Center at the Regional Medical Center at Memphis. He previously served as neonatology division chief at the Louisiana State University Health Sciences Center.

17. Estate Planning Council Elects Officers -

The Memphis Estate Planning Council announced the following officers for 2005-2006: David B. Jones, president; Frank E. Davis, vice president; Jeffrey E. Thompson, secretary; James L. Ferguson Jr., treasurer; and Mike Wood, immediate past president. Other executive committee members are Kermit B. Kaiser, Leanne W. McCullough, Samuel N. Graham and Teresa R. Hurst.

18. Archived Article: Newsmakers - Rhodes Professor Honored as Professor of the Year

LRK Hires New Project Manager

Joseph Bruce joined Looney Ricks Kiss as project manager/project architect in the Multifamily Residential Studio. Bruce previously worked for RTKL Associates in Da...

19. Archived Article: Newsmakers - Tennessee Press Association elects vice president

Pitts Named Principal Owner at Pickering

Robert J. Pitts was named principal owner of Pickering Inc. Pitts is the companys civil engineering team leader. He received a bachelors degree from the...

20. Archived Article: Newsmakers - Timm Locke, president of Locke Marketing Public Relations, was named new executive vice president of NOFMA: The Wood Flooring

Askew Appointed to AIA Fellows Jury

Lee Askew III, partner and founder of Askew Nixon Ferguson Architects, was appoin...

21. Archived Article: Memos - <ephoto> Greg V

Greg V. Ortega was named director of corporate product marketing for TBC Corp. Ortega previously held positions as TBCs manager of strategic marketing and manager of marketing and procurement for light truck tires. He earned...

22. Archived Article: Lead - Kroger to expand into Hernando Kroger receives approval for first Hernando store By LAURIE JOHNSON The Daily News The Hernando Planning Commission this week granted preliminary approval of site plans for a proposed new Kroger store, the citys first ...

23. Archived Article: Govt Spot - A project has cleared two hurdles and will soon by underway to bring a new eatery to Harbor Town Proposed Harbor Town restaurant clears commission hurdles Construction is expected to begin within 30 days, take six months By KATHLEEN BURT The Daily N...

24. Archived Article: Marketplace - By STACEY PETSCHAUER These doctors make house calls Furniture Medic franchisees repair dents, dings or scratches without the hassle of moving pieces to a shop By STACEY PETSCHAUER THE DAILY NEWS An unusual addition to the Memphis medical community i...

25. Archived Article: Memos - Rick Ruffin has joined Morgan Keegan & Co Rick Ruffin has joined Morgan Keegan & Co. Inc. as a first vice president in institutional fixed income sales. Ruffin formerly was manager of J.C. Bradfords client services group. He has a bachelors ...

26. Archived Article: Memos - Lisa Sanford has been named assistant vice president of executive banking for Enterprise National Bank at its Poplar/Ridgeway location Lisa Sanford has been named assistant vice president of executive banking for Enterprise National Bank at its Popl...

27. Archived Article: Memos - Larry Lewis, president of Lewis Ford, was elected chairman of the board for the Better Business Bureau for 1997-1998 Larry Lewis, president of Lewis Ford, was elected chairman of the board for the Better Business Bureau for 1997-1998. Other elected ...

28. Archived Article: Memos - 11\22 memos Bena Cates is the new assistant to the executive director of the Church Health Center. Cates created the centers first development board, jointly originated the Good Samaritan Awards, which recognize health care professionals who volunte...