Editorial Results (free)
1.
Cresthaven Building Sells for $2.5 Million -
Wednesday, May 15, 2013
The 125,160-square-foot Cresthaven Medical Building at 1068 Cresthaven Road in East Memphis has sold for $2.5 million.
2.
Capital Requirement -
Saturday, April 27, 2013
In early April, U.S. Sen. Bob Corker, R-Tenn., joined a handful of other senators in drafting a letter in part about new rules of the road governing bank capital requirements.
That letter was sent to Federal Reserve Gov. Daniel Tarullo, Comptroller of the Currency Thomas Curry and Federal Deposit Insurance Corp. Chairman Martin Gruenberg.
3.
Ricin in Obama Letter, Odd Packages Scramble Hill -
Thursday, April 18, 2013
WASHINGTON (AP) — Letters sent to President Barack Obama and a Mississippi senator tested positive for poisonous ricin in preliminary checks Wednesday, and authorities chased reports of other suspicious mail at a U.S. Capitol already on edge.
4.
New York Company Buys Country Squire for $49.2 Million -
Tuesday, April 09, 2013
8056 Country Squire Lane Cordova, TN 38018
Sale Amount: $49.2 million
Sale Date: March 28, 2013
5.
New York Company Buys Country Squire for $49.2 Million -
Thursday, April 04, 2013
An affiliate of New York-based NorthStar Realty Finance Corp. has paid $49.2 million for the 972-unit Country Squire Apartments in Cordova.
6.
Sammons Seeks Final Cut Numbers From Delta -
Tuesday, March 26, 2013
Jack Sammons, the new chairman of the Memphis-Shelby County Airport Authority board, is no stranger to the flight from Memphis to Atlanta. Sammons long has been the board’s frequent flyer when it comes to business travel.
7.
March 22-28: This Week in Memphis History -
Saturday, March 23, 2013
1968: 16.1 inches of snow fell on the city of Memphis, cancelling plans for striking city sanitation workers to march with Dr. Martin Luther King Jr. at the front of their ranks from Clayborn Temple to City Hall. King would return to the city to lead the march on March 28, a march that would end before it got to City Hall from Clayborn Temple because of violence. The violent end of that march would prompt King to return to the city to lead another march April 5.
8.
Apperson Crump Expands in Triad III -
Friday, March 15, 2013
Memphis’ oldest continuously practicing law firm is expanding its presence in Triad III.
Apperson Crump PLC added 2,037 square feet to its seventh floor space in a vacant adjacent area between Silverleafe Capital Partners LLC.
9.
Olymbec Files $5.5 Million Mortgage on Brinkley Plaza -
Saturday, March 09, 2013
Montreal-based Olymbec USA LLC, an entity of Olymbec Corporate Group, has filed a $5.45 million mortgage on Brinkley Plaza in Downtown Memphis.
10.
Olymbec Files $5.5 Million Mortgage on Brinkley Plaza -
Wednesday, March 06, 2013
Montreal-based Olymbec USA LLC, an entity of Olymbec Corporate Group, has filed a $5.45 million mortgage on Brinkley Plaza in Downtown Memphis.
11.
Critical Merger Decision Now Centers on School Board -
Wednesday, March 06, 2013
The group with the most direct role in what a consolidated school system will look like and how it will operate is now the group at the center of the ongoing federal lawsuit over the merger and the reactions to it.
12.
Events -
Saturday, February 23, 2013
Make-A-Wish Mid-South will host Wine for Wishes Thursday, Feb. 28, from 6:30 p.m. to 9:30 p.m. at The Cadre, 149 Monroe Ave. The fundraiser will include food and wine pairings, a silent auction and live music by The Will Tucker Band. Visit midsouth.wish.org.
13.
Election Commission Still at Odds Over Errors -
Friday, February 22, 2013
At one point during the Wednesday, Feb. 20, meeting of the Shelby County Election Commission, chairman Robert Meyers interrupted a detailed and lengthy lecture by election commissioner George Monger by saying, “I object to the leading question.”
14.
J-Line Pump Growing in Collierville -
Friday, February 22, 2013
A local pumping equipment manufacturer is increasing its presence in the Collierville market.
J-Line Pump Co., doing business as American-Marsh Pumps, bought the 81,260-square-foot warehouse on 12.4 acres at 550 E. South St. for $1.4 million. This will be in addition to the adjoining 110,000-square-foot warehouse at 185 Progress Road the company has occupied since 1999.
15.
Shelby County Election Commission Keeps Holden -
Thursday, February 21, 2013
For the second time since August, Shelby County Election Commissioners considered a motion by a Democratic election commissioners asking for the resignation of Election Administrator Richard Holden and for the second time voted down the motion in a party- line vote carried by the three-member Republican majority.
16.
Stonegate Apartments Financed for $3.6 Million -
Tuesday, February 05, 2013
The 208-unit Stonegate Apartments complex in Raleigh has been financed for $3.6 million by its ownership group, an affiliate of New York-based White Eagle Properties.
WE Stonegate LLC filed the five-year loan Jan. 30 for the Class C complex at 4500 Stone Gate Drive, situated on 12.3 acres at the northwest corner of Coleman and Raleigh-Lagrange roads.
17.
Former Harrah's Headquarters Sells for $4.1 Million -
Saturday, January 26, 2013
The previous owner of the East Memphis office complex at 1023 Cherry Road has reinvested in the asset for $4.1 million.
18.
Former Harrah’s Headquarters Sells for $4.1 Million -
Thursday, January 24, 2013
The previous owner of the East Memphis office complex at 1023 Cherry Road has reinvested in the asset for $4.1 million.
19.
Former Harrah’s Headquarters Sells for $4.1 Million -
Wednesday, January 23, 2013
The previous owner of the East Memphis office complex at 1023 Cherry Road has reinvested in the asset for $4.1 million.
20.
Victory Packaging Relocates to Memphis -
Friday, January 18, 2013
Victory Packaging soon will relocate its entire Southaven branch operation to the Southeast Memphis industrial submarket.
The Houston, Texas-based industrial packaging supplier and distributor inked 158,333 square feet in Shelby Air Park Building 1, 4500 Malone Road. The 475,000-square-foot building also houses Terminal Warehouse Inc.
21.
Avery Park Apartments Sell for $5.2 Million -
Saturday, January 05, 2013
Avery Park, a 231-unit apartment community built in 1971 in Northeast Shelby County, sold on Dec. 19 for $5.2 million, or $22,511 per unit.
Blake Pera and Tommy Bronson III with CB Richard Ellis Memphis’ Memphis Multifamily Division represented California-based US Housing Partners VII in the sale to a Utah buyer.
...22.
Avery Park Apartments Sell for $5.2 Million -
Wednesday, January 02, 2013
Avery Park, a 231-unit apartment community built in 1971 in Northeast Shelby County, sold on Dec. 19 for $5.2 million, or $22,511 per unit.
Blake Pera and Tommy Bronson III with CB Richard Ellis Memphis’ Memphis Multifamily Division represented California-based US Housing Partners VII in the sale to a buyer out of Utah.
23.
McLaughlin Joins Inferno as Senior Copywriter -
Wednesday, January 02, 2013
Trish McLaughlin has joined inferno as senior copywriter. In her new role, McLaughlin supervises the copywriting department, pairing up writers with art directors and project teams, and reviewing copy for message, voice and strategic focus. In addition, she coaches young writers in strategic thinking, concepting, editing and presenting.
24.
Builder Permits Rise 10 Percent in November -
Monday, December 24, 2012
The National Association of Homebuilders said Tuesday, Dec. 18, that sentiment across the homebuilding industry rose to its highest level since the middle of 2006.
National housing permits in November posted a 26.8 percent increase from November 2011. And while they’re not up quite that much, local starts are seeing increases as well.
25.
Towns Named to Southern College of Optometry Board -
Wednesday, December 19, 2012
Leticia “Tish” Towns, senior vice president of external relations for the Regional Medical Center at Memphis, has been named to the Southern College of Optometry board of trustees. Among her duties at The MED, Towns oversees the development of the hospital’s strategic plan and manages marketing and communications, community engagement, the Traumatic Brain Injury program, government relations and pastoral care.
26.
Hickory Hill Warehouse Sells for $15.7 Million -
Tuesday, December 11, 2012
6380 Holmes Road Memphis, TN 38141
Sale Amount: $15.7 million
Sale Date: Dec. 5, 2012
27.
Village of Sycamore Ridge Owner Files $4.3 Million Loan -
Thursday, December 06, 2012
The owner of the Village of Sycamore Ridge – a 114-unit apartment community at 1945 Sycamore View Road near Bartlett – has filed a $4.3 million multifamily deed of trust, absolute assignment of leases and rents and security agreement (including fixture filing) on the property.
28.
Local Logistics Firms Expand Medical Real Estate Offerings -
Monday, December 03, 2012
Memphis area industrial brokers are reporting an increase in activity with third-party and proprietary logistics companies involved in distribution of medical/pharma-related product.
During the second half of this year, several local companies have inked new leases that will expand their overall space in the Memphis area, creating new jobs in the process.
29.
I-Bank Grows in Namesake East Memphis Office Tower -
Friday, November 30, 2012
Independent Bank has expanded its headquarters at I-Bank Tower to primarily accommodate its Mortgage Lending Division.
30.
Election Certified Amid Continued Complaints -
Wednesday, November 28, 2012
Shelby County Election Commissioners certified the results Monday, Nov. 26, of the Nov. 6 election.
But they offered different verdicts on how the election was conducted.
“Overall we had a good election,” said commissioner Dee Nollner.
31.
Election Commission Certifies Nov. 6 Vote Results -
Tuesday, November 27, 2012
Shelby County Election Commissioners certified the results Monday, Nov. 26, of the Nov. 6 election.
The certification sets in motion the swearing-in of members of the six suburban municipal school boards. And the boards, one for each of the suburban towns and cities in Shelby County, are expected to move quickly on a process for selecting superintendents for each school system by the end of the year.
32.
Scharff Elected to Legal Roles at Buckman, Bulab Holdings -
Wednesday, November 21, 2012
Jonathan Scharff has been elected vice president, legal and general counsel for Buckman and corporate secretary for Bulab Holdings Inc., Buckman’s parent company. Scharff has more than 22 years’ experience in the legal industry, including positions at Greensfelder, Hemker & Gale PC in St. Louis and Harris Shelton Hanover Walsh PLLC in Memphis. In his new position, he will oversee legal needs in U.S. and global operating companies and work with associates in preventing and managing legal risks.
33.
Training Day -
Monday, November 19, 2012
The pursuit of economic development comes with code names, secrecy and mysterious visitors.
Without a doubt, the last two years have been eventful when it comes to the city’s civic leaders luring companies to town with the promise of jobs for Memphians. In that regard, the local debate about tax incentives and the competition with other cities, some nearby, was vigorous.
34.
Jones Back in Familiar Post at Millington City Hall -
Friday, November 16, 2012
After four years away from City Hall, Terry Jones returns to the Millington mayor’s office in January.
35.
Development Accelerator -
Friday, November 16, 2012
The city of Millington didn’t have a city engineer until 2008 when it had to have one in order to have local control over the Veterans Parkway road construction project.
“I thought it was kind of my cross to bear since I was hired in 2008,” Millington City Engineer Darek Baskin said this week of the road.
36.
Highpoint Church Buys Briarcrest’s East Memphis Campus -
Friday, November 09, 2012
After seven years of leasing space for its worship services, Highpoint Church has acquired Briarcrest Christian School Systems Inc.’s property at 6000 Briarcrest Ave. for $7.25 million.
37.
Obama Carries Shelby, Cohen Over Flinn and Two Tax Hikes Defeated -
Wednesday, November 07, 2012
President Barack Obama carried Shelby County in unofficial Nov. 6 election returns as his Republican challenger Mitt Romney took the state’s 11 electoral votes.
Voter turnout in the most popular election cycle among Shelby County voters was 61.9 percent, about the same percentage as four years ago. But the 371,256 voters is fewer than 2008 when more than 400,000 Shelby County voters cast ballots. The percentage is about the same because there are fewer registered voters in Shelby County than there were four years ago after a purge by election officials.
38.
Shelby Early Vote Shows Cohen Winning - Two Tax Questions Losing -
Wednesday, November 07, 2012
Early vote totals from Shelby County were released just before 10 p.m., Tuesday, Nov. 6, after the vote count was delayed in part by long lines of voters waiting to vote at the 7 p.m. closing of polls.
39.
Decision Day -
Tuesday, November 06, 2012
The last election of 2012 will be one where questions continue to command as much attention if not more than candidates.
The polls are open Tuesday, Nov. 6, from 7 a.m. to 7 p.m.
Voters come to the polls in this election to vote in the presidential general election. That is what drives the only election cycle in which more than half of the county’s registered voters consistently show up.
40.
Capital Influx -
Monday, October 29, 2012
Capital is finally being set free in the Memphis industrial market, with opportunities on both the buy and sale side of investment deals.
Nearly $200 million has been spent since June, as public and private institutional buyers alike make large plays.
41.
Brinkley Plaza Sells to Olymbec for $7.2 Million -
Monday, October 29, 2012
Downtown’s Brinkley Plaza has sold for $7.2 million to a Canadian real estate investment firm.
Montreal-based Olymbec USA LLC, an entity of Olymbec Corporate Group, acquired the 219,557-square-foot tower at 80 Monroe Ave., its ground lease and the adjacent 300-space covered parking garage.
42.
Brinkley Plaza Sells to Olymbec for $7.2M -
Friday, October 26, 2012
Downtown’s Brinkley Plaza has sold for $7.2 million to a Canadian real estate investment firm.
Montreal-based Olymbec USA LLC, an entity of Olymbec Corporate Group, acquired the 219,557-square-foot tower at 80 Monroe Ave., its ground lease and the adjacent 300-space covered parking garage.
43.
Appeals Court Rules Photo Library Cards Are Voter ID -
Friday, October 26, 2012
Photo library cards the city of Memphis began issuing this summer can be used as valid identification for the Nov. 6 elections.
The Tennessee Appeals Court ruled Thursday, Oct. 25, that city of Memphis photo library cards are a valid form of state issued identification for voting under terms of a 2011 Tennessee that requires photo identification in order to vote.
44.
J.D. Byrider Brings First Franchise To Memphis -
Friday, October 26, 2012
The nation’s largest used car franchise company has entered the Memphis market. Carmel, Ind.-based J.D. Byrider has inked 30,900 square feet at 2580 Mount Moriah Road, marking the company’s second Tennessee dealership.
45.
Appeals Court Rules Photo Library Cards Are Voter ID -
Thursday, October 25, 2012
Photo library cards the city of Memphis began issuing this summer can be used as valid identification for the Nov. 6 elections.
The Tennessee Appeals Court ruled Thursday, Oct. 25, that city of Memphis photo library cards are a valid form of state issued identification for voting under terms of a 2011 Tennessee that requires photo identification in order to vote.
46.
Seminar To Tackle Commercial Conditions -
Tuesday, October 23, 2012
While many commercial real estate professionals would like to forget about 2011 altogether, celebrating increases in 2012 is necessary for morale.
Shelby County experienced the most second-quarter sales this year since the second quarter of 2008, and the highest quarterly sales revenue since the second quarter of 2007.
47.
Lease Brings New Breed Footprint to 3 Million Feet -
Friday, October 12, 2012
New Breed Inc. is enhancing its Memphis operations with a new distribution warehouse lease in the Southeast industrial submarket.
48.
Dispute Arises Over School Board Race -
Thursday, October 11, 2012
The Shelby County Election Commission has identified 837 disputed votes in the Aug. 2 election for the District 4 countywide school board seat.
The information disclosed last week as part of a legal challenge of the results in the district race prompted a delay of a trial in the case before Chancellor Kenny Armstrong until some time after the Nov. 6 elections.
49.
Audit Details Election Commission Faults -
Wednesday, October 03, 2012
The Tennessee Comptroller’s audit division has concluded the Shelby County Election Commission has “demonstrated an inability to conduct elections without significant inaccuracies, including those identified in the 2012 elections.”
50.
Harrah's Office Complex to be Auctioned -
Tuesday, October 02, 2012
The former headquarters of Harrah’s Entertainment Inc. in East Memphis is set to be auctioned in November with a minimum bid of $2 million.
51.
Election Reform Advisory Board Approved -
Wednesday, September 26, 2012
A new Election Reform Advisory Board approved Monday, Sept. 24, by the Shelby County Commission is to report its recommendations by the end of March to the Shelby County Election Commission.
And the Election Commission is under no obligation to act or even accept the recommendations, although election commissioners Steve Stamson and Norma Lester are also on the committee of 12.
52.
Commission To Put Pera On FedExForum Lease, Appoint Election Reform Panel -
Monday, September 24, 2012
Shelby County Commissioners take up a new name on the lease for FedExForum at their Monday, Sept. 24, meeting.
On the agenda is a resolution replacing Hoops LP, the Memphis Grizzlies ownership group headed by Michael Heisley, with RJP Group LLC, the ownership group headed by Robert Pera.
53.
Impact of Election Woes May Linger -
Monday, September 24, 2012
The confirmation last week of the suspension and probationary period for Shelby County Elections Administrator Richard Holden may not be the end of his difficulties.
54.
Holden Suspended by Election Commission -
Friday, September 21, 2012
Shelby County Elections Administrator Richard Holden has been suspended for three days and put on probation for six months following the suspension because of the way the Aug. 2 elections were conducted.
55.
Events -
Monday, September 03, 2012
The Chick-fil-A 5K benefiting Junior Achievement of Memphis and the Mid-South will be held Monday, Sept. 3, at 9 a.m. starting at AutoZone Park, 200 Union Ave. On-site registration begins at 7:30 a.m. For costs and to register in advance, visit chickfila5k.com.
56.
Whalum Challenges Election in Court -
Thursday, August 23, 2012
Countywide school board member Kenneth Whalum Jr. filed suit against the Shelby County Election Commission Wednesday, Aug. 22, in the first of what are expected to be two election challenges.
Whalum is specifically contesting his loss to Kevin Woods in the District 4 countywide school board race on the Aug. 2 ballot. The 108-vote margin between Woods and Whalum was certified Monday by the election commission as it made official the results in all of the primary and general election races on the ballot.
57.
Whalum Goes To Court Over August Election -
Wednesday, August 22, 2012
Countywide school board member Kenneth Whalum Jr. filed suit against the Shelby County Election Commission Wednesday, Aug. 22, in the first of what are expected to be two election challenges.
Whalum is specifically contesting his loss to Kevin Woods in the District 4 countywide school board race on the Aug. 2 ballot. The 108-vote margin between Woods and Whalum was certified Monday by the election commission as it made official the results in all of the primary and general election races on the ballot.
58.
Aug. 2 Election Results Certified -
Wednesday, August 22, 2012
The clock is running on any Chancery Court lawsuits now that the Shelby County Election Commission has certified the results of the Aug. 2 elections.
The audited results changed no outcomes in the county general elections and set of state and federal primary races.
59.
Election Commission Certifies Vote - Votes Down Ouster of Holden -
Tuesday, August 21, 2012
Shelby County Election Commissioners certified the results Monday, Aug. 20, of the Aug. 2 elections in Shelby County.
But the unanimous voice vote hardly quelled the controversy over the conduct of the election being investigated by state officials.
60.
Co. Election Commission to Certify Aug. 2 Results -
Monday, August 20, 2012
Shelby County Election Commissioners won’t completely close the books Monday, Aug. 20, on the troubled Aug. 2 elections.
But they will certify the elections results, which is the point when results in specific races could be challenged in Shelby County Chancery Court.
61.
Suburban School Board Races Almost Set -
Friday, August 17, 2012
Races on the Nov. 6 ballot for six sets of suburban school boards took shape Thursday, Aug. 16, at the noon filing deadline for candidate qualifying petitions.
The candidates that made the deadline have another week to withdraw from the races if they wish.
62.
Events -
Tuesday, August 14, 2012
The National Association of Women Business Owners – Memphis will meet Tuesday, Aug. 14, from 11:30 a.m. to 12:45 p.m. at Napa Cafe, 5101 Sanderlin Ave., suite 122. Author and trainer Jodi Santangel will present “Cracking the Code to Connecting Powerfully With People.” Cost is $18 for members and $20 for nonmembers. Register at nawbomemphis.org.
63.
Events -
Monday, August 13, 2012
Shelby County Trustee David Lenoir will address the Collierville board of aldermen Monday, Aug. 13, at 6 p.m. at Collierville Town Hall, 500 Poplar View Parkway. The open forum will include an update on property tax revenue and future economic trends affecting the community. Visit shelbycountytrustee.com.
64.
Survey: 34 Pct. Of Physicians to Leave Medical Practice -
Wednesday, August 08, 2012
A new nationwide survey of U.S. physicians shows that 34 percent say they will leave the practice of medicine in the next decade, just as millions of Americans newly insured under the Affordable Care Act will seek more access to medical care.
65.
Events -
Tuesday, August 07, 2012
The Church Health Center/MIFA Farmers Market will be open Tuesday, Aug. 7, from 10 a.m. to 2 p.m. at Church Health Center Wellness, 1115 Union Ave. Visit churchhealthcenter.org.
66.
No Regrets as Kernell Exits 38 Years in Nashville -
Tuesday, August 07, 2012
When Mike Kernell first took his seat in the House chamber in Nashville he had just turned and he was a political newcomer inspired to run for office in the wake of the assassination of Dr. Martin Luther King Jr. just six years earlier.
67.
Events -
Monday, August 06, 2012
EarlyShares will host the 24/24 Nationwide Crowdfunding Educational Roadshow Monday, Aug. 6, from 5:30 p.m. to 9 p.m. at the Memphis Bioworks Conference Center, 20 S. Dudley St. The event is geared toward those seeking to fund a startup or invest in new or growing businesses. Visit earlyshares.com.
68.
County Sees 21.6 Pct. Voter Turnout -
Monday, August 06, 2012
Slightly less than 127,000 Shelby County residents – or 21.6 percent of 584,443 registered voters – cast ballots in the Aug. 2 elections.
The turnout in early voting and election day combined was a higher percentage than the 15 percent turnout four years ago in the same election cycle, but it was well below the 44-year high of 39.4 percent set in the August 1992 elections.
69.
Muni Schools Questions Pass, Cohen Wins Big -
Friday, August 03, 2012
Voters in each of the six suburban towns and cities in Shelby County approved establishing municipal school districts in the unofficial results of the Thursday, Aug. 2, county general and state and federal primary elections.
70.
Muni Schools, Cohen, Weirich, Johnson, Stanton, Kyle Take Early Vote -
Friday, August 03, 2012
Voters in each of the six suburban towns and cities in Shelby County were overwhelmingly approving the establishment of municipal school districts and a half cent sales tax hike to fund them in the first vote totals released Thursday, Aug. 2 by the Shelby County Election Commission.
71.
Residential Greening -
Monday, July 30, 2012
There was a time not so long ago when potential homebuyers had to demand energy efficiency in new homes.
Nowadays, green features are more of an expectation than an extra.
“I would venture to say that just about everybody asks about energy efficiency,” said Martha Fondren, director of sales and marketing for Grant & Co. “They may not say it in those words, but they ask us about what kind of furnaces we are using, what kind of faucets, what kind of insulation. What are the standard things that people can expect when they walk in the home in order to save them money on the utility bills because that’s a huge expense.”
72.
Election Commission Admits Ballot Problems -
Thursday, July 26, 2012
Challenges to the conduct of the Aug. 2 election may have reached a peak Tuesday, July 24.
The Shelby County Election Commission admitted a “limited number” of voters in some precincts got early voting ballots that included the wrong district races.
73.
Fuel Hedging Costs Delta $168M in Q2 -
Thursday, July 26, 2012
Delta Air Lines Inc. lost $168 million, or 20 cents a share, on its fuel hedge strategy that the company touted when fuel prices were high.
74.
Denver REIT Buys Industrial Portfolio for $24M -
Wednesday, July 18, 2012
Denver-based Industrial Income Trust Inc. has bought an 890,000-square-foot industrial portfolio in Southeast Memphis from CRP Holdings B LP for $24.3 million. The purchase, recorded under the entity IIT Memphis IC LLC on the Shelby County Register of Deeds, includes various lots in Memphis Distribution Center.
75.
StyleCraft Signs Lease At Airways Building E -
Friday, July 13, 2012
Home decor company StyleCraft Home Collection Inc. has signed a 167,600-square-foot lease at Industrial Developments International’s Airways Distribution Center Building E.
76.
Hillwood Buys Pilot Drive Warehouse -
Friday, July 06, 2012
Hillwood Investment Properties has purchased the 605,000-square-foot warehouse at 4221 Pilot Drive in Southeast Memphis for $7.5 million from Addison, Texas-based MM Industrial Memphis LLC.
77.
Aren Buys SE Memphis Warehouse For $1.3M -
Friday, June 22, 2012
Trane U.S. Inc. has sold its parts distribution center in Southeast Memphis for $1.3 million.
Aren Investments LLC of Memphis acquired the 99,375-square-foot distribution warehouse at 4250 Concord Road. The company, which used a 1450 Massey Road address on the Shelby County Register of Deeds, financed the purchase with an $800,000 loan through BancorpSouth Bank. Igal Elfezouaty signed the trust deed as managing member of Aren.
78.
Exeter Closes On Acquisition Of ProLogis Properties -
Friday, June 15, 2012
Pennsylvania-based Exeter Property Group has closed on its acquisition of 10 Memphis-area industrial buildings for $40 million from San Francisco-based ProLogis Inc.
79.
AIRfair? -
Monday, June 11, 2012
Two frequent-flyer businessmen booked side-by-side seats on Delta Air Lines flights from Minneapolis to St. Louis last month, with one of them getting charged a higher price than the other each time they tried booking it.
80.
CEVA Logistics Renews in Southeast Memphis -
Monday, June 11, 2012
CEVA Logistics U.S. Inc. renewed a 648,750-square-foot lease at 5166 Pleasant Hill Road in Southeast Memphis.
81.
Tax Factor -
Monday, June 11, 2012
A few months ago, Memphis Mayor A C Wharton Jr. was recounting to an audience of businessmen a recent breakfast he’d had with a site location agent.
That agent had a client out of California looking at sites in the Memphis area for a project. The location agent had drawn up what the financials for the project might look like – and it included $25,000 in attorney’s fees.
82.
Fla. Company Buys Cordova Retail Center -
Friday, June 08, 2012
Coral Springs, Fla.-based Swiss Capital Group LLC has acquired The Shops of Woodland Hills in Cordova for $3.1 million.
83.
DRA Advisors Closes on Two Shelby Drive Warehouses -
Friday, June 01, 2012
New York-based DRA Advisors LLC has closed on two Memphis warehouse properties for $12.3 million, as part of a larger portfolio purchase from Houston-based Weingarten Realty Investors.
84.
Colliers Duo Has Stellar Start to ’12 -
Friday, June 01, 2012
Colliers International’s industrial team of Andy Cates and Preston Thomas has closed on 34 transactions (sales and leases) to date in 2012. Here’s a rundown of some of the team’s most recent industrial transactions:
85.
FDIC Signs Lease In Lakecrest -
Friday, May 25, 2012
Federal Deposit Insurance Corp. has inked a substantial lease in Lakecrest III, marking the market’s largest office lease signing this year.
86.
City Debuts Transportation Commission -
Friday, May 25, 2012
As Memphis Mayor A C Wharton Jr. worked his way through a recent busy day, he walked briskly into his City Hall conference room where a group of seven people were waiting around the table.
“Welcome to the club,” he said to the first ever appointees to the new Memphis Transportation Commission, the group that will regulate all vehicles for hire in the city.
87.
Georgia 3PL Growing Its Area Footprint -
Friday, May 18, 2012
A Savannah, Ga.-based third-party logistics firm is seeing rapid expansion in the Southeast Memphis industrial market after its local entrance less than a year ago.
Coastal Logistics Group Inc. has signed a 50,000-square-foot lease extension at 5715 Distribution Drive, bringing its Memphis footprint to 100,000 square feet. The company inked its initial 50,000-square-foot warehouse lease in June.
88.
Planning Commission Moves Forward On Schools Merger -
Monday, May 07, 2012
The schools consolidation planning commission is getting close enough to its goal of a plan for the merged school system that some members are now weighing how much political headroom to give the countywide school board.
89.
Memphis in May Symbolizes City -
Monday, May 07, 2012
Japan was the first country honored by the Memphis in May International Festival.
The reason was simple. The Sharp Manufacturing plant had just opened in the then-remote Hickory Hill area of Shelby County, making televisions and microwave ovens.
90.
Planning Commission Recommends Outsourcing Schools Custodians and Buses -
Friday, May 04, 2012
The schools consolidation planning commission is recommending that the merged school system outsource custodial work at schools as well as bus transportation for students to private companies.
The vote by the panel Thursday, May 3, is a preliminary vote but with most of the 21 members there and all but two to three voting for the recommendation, it is an important indicator.
91.
Students at Heart of Coley’s Legislative Work -
Friday, May 04, 2012
It was a year of turmoil in American history and a turning point in the life of one junior student at Messick High School in Memphis.
As current state Rep. Jim Coley, Republican from District 97, remembers it: “(1968) was the year Dr. King was assassinated, I believe on April 4; then six weeks later Robert Kennedy was assassinated in California.”
92.
New Owner For Bartlett Car Wash Property -
Friday, May 04, 2012
A former car wash site in Bartlett has traded hands. Nyan Jaf acquired the 0.71-acre lot at 5960 Summer Ave. from Mr. Carwash LLC for $65,000.
93.
Schools Planning Commission Begins Look at Facilities -
Monday, April 30, 2012
The schools consolidation planning commission took its first look Thursday, April 26, at a committee recommendation that the group recommend the countywide school board consider closing 21 schools.
94.
Berger Working on Food Truck Alliance -
Friday, April 27, 2012
As if owning and operating the city’s fastest growing self-serve frozen yogurt business isn’t enough, Taylor Berger is about to add two more hospitality titles to his resume.
95.
Conn.-Based XSE Group Inks Deal -
Friday, April 27, 2012
A Middletown, Conn.-based office supply printing company has entered the local industrial scene, taking advantage of Memphis’ centralized logistical capabilities.
XSE Group Inc. has leased 40,214 square feet in Building 14 of Airport Distribution Center, 4006 Airpark St., owned by San Francisco-based ProLogis Inc.
96.
Muni School District Bill Goes To Conference -
Wednesday, April 25, 2012
An amended bill that would permit suburban citizens to vote this year on forming municipal school districts is on its way to a Tennessee Legislature conference committee in the closing week of the legislative session.
97.
Tennessee Legislature Could Decide Muni Districts -
Monday, April 23, 2012
This could be the week that the Tennessee Legislature decides the timing of the rise of suburban municipal school districts in Shelby County.
The issue is an amendment to a Senate bill on school bullying that would permit the suburbs to call referendums this year on forming such school districts.
98.
Schools Planning Commission Weighs, Rejects Stand on Schools Bill -
Friday, April 20, 2012
The schools consolidation planning commission considered Thursday, April 19, but voted down a resolution that would have urged the Tennessee legislature not to pass the bill that would allow suburban towns and cities to hold referendums this year on forming municipal school districts.
99.
Law Career Event Planned for U of M -
Monday, April 16, 2012
Students from area high schools, colleges and youth organizations will get an opportunity to learn about the legal profession from a diverse group of professionals April 24 at “Legal Careers Forum: The ABCs – Advocates, Barristers and Counselors.”
100.
Weingarten Realty to Sell Two Industrial Properties -
Friday, April 13, 2012
Weingarten Realty Investors, a Houston-based owner, manager and developer of shopping centers, is preparing to sell its wholly-owned industrial portfolio – which includes two properties in Memphis – to New York-based DRA Advisors LLC for $382.4 million.