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Editorial Results (free)

1. Foreclosures Drop 22 Percent in Second Quarter -

United Housing Inc. has teamed up with Grace-St. Luke’s Episcopal Church to create the first Grace-St. Luke’s GraceBuilders House, which will involve fixing up a foreclosed home for a family in United Housing’s Homebuyer Education program.

2. Kiesewetter Law Firm Inks Lease at Forum III -

Jenny Kiesewetter is getting ready to move her boutique law firm into what will be its third home in three years, a product of the workload for employee benefits attorneys like her swelling with each passing month as new regulations come down from the federal government.

3. Monroe Ave. Bldg. Sells For $3.3M -

A fully leased Downtown office building has traded hands for more than twice its assessed value.

309 Monroe Property LLC purchased the 22,792-square-foot property at 309 Monroe Ave. for $3.3 million. The Shelby County Assessor of Property’s 2011 appraisal was $1.5 million.

4. Pair of Memphis Insurance Firms Merge -

Memphis insurance firms Brown & Associates LLC and Harris, Madden & Powell Inc. have announced a merger to create Harris, Madden, Powell, Stallings & Brown Inc., a new agency that aims to be a market leader for insurance and bonds in the Memphis area.

5. CBRE Lands Leasing Contract With Parkway -

The Memphis office of CB Richard Ellis Inc. will handle marketing and leasing services for Parkway Realty Service’s Memphis office building portfolio, the company announced this week.

6. ACORN Research Expands Access To New Drugs -

ACORN Research LLC, a company that provides the scientific expertise and administrative support for oncology practices to participate in clinical drug trials, is in economic recovery mode.

7. Texas Investor Buys Two Parkway Village Shopping Centers -

With the purchase of two Parkway Village shopping centers, a Texas investor has moved closer to his goal of owning a million square feet of commercial real estate in Memphis.

Parkway Fox LP, a limited partnership headed by Houston-based businessman Dr. Hardam Azad, bought the Parkway Village Center strip malls – plus a handful of outparcels – for $9.1 million from the Margaret Y. Henrich Estate. The sales closed late last week.

8. Statewide Mediation Practice Taps Proven Professionals For Resolving Disputes -

Retired Circuit Judge Marietta Shipley said she believes society often views the court system as if it was their mother, and she wants it to stop - so many problems and disputes could be solved before they ever make it to a courtroom.

9. Production Company Finds Storybook Success -

Soon after forming a small video production company, Gary Blankenship was getting peppered with questions about a different subject - the classic car he was restoring.

Everyone wanted to know when "the pony," as his Mustang affectionately became known, would be running again. And once it was, Blankenship - formerly a television news videographer - decided the idea would be a catchy name for his new business.

10. Archived Article: Daily Digest - Arlington Property

Arlington Property

Sells for $2.5 Million

First Capital Investments LLC has purchased property at 7230 Old Brownsville Road in Arlington from Janice A. Walker for $2.5 million, according to The Daily News Public Records D...