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Editorial Results (free)

1. Future Looking Bright At Bartlett’s ECE Solar -

Most people who install solar panels to their home understand that it’s an investment that takes awhile to pay off.

Being in the business of installing solar panels is much the same. Still, Bill Turberville of Electrical Contracting Enterprises LLC, 3080 Stage Post Road in Bartlett, said he’d rather be the first in that market than the last.

2. Dunavant Development Buys Bartlett Logistics Portfolio -

Dunavant Development Co. has reached a deal to buy Bartlett Logistics, a 515,000-square-foot multi-tenant flex portfolio consisting of Bartlett Logistics Park, at 8370-8500 Wolf Lake Blvd., and Stage Hills Industrial Park, 3080-3150 Stage Post Road. Dunavant bought the property from CMLT 2008-LS1 Wolf Lake Drive LLC (LNR Partners).

3. Dunavant Development Buys Bartlett Logistics Portfolio -

Dunavant Development Co. has announced it’s reached a deal to buy Bartlett Logistics, a 515,000-square-foot multi-tenant flex portfolio consisting of Bartlett Logistics Park, at 8370-8500 Wolf Lake Blvd., and Stage Hills Industrial Park, 3080-3150 Stage Post Road.

4. MEPPI Buys Rivergate Park Acreage For Transformer Plant -

186.2 Acres In Rivergate Industrial Park
Sale Amount: $3.7 million
Sale Date: May 31, 2011

Buyer: Mitsubishi Electric Power Products Inc.
Seller: Belz Investco GP
Details: Warrendale, Pa.-based Mitsubishi Electric Power Products Inc. has bought three parcels in Rivergate Industrial Park from Belz Investco GP for $3.7 million. The deal closed May 31. The first parcel is 9.3 acres on the north side of Riverport Road (listed in the deed as Rivergate Road). It backs McKellar Lake, and the Shelby County Assessor of Property’s 2011 appraisal is $419,000. The second parcel is 63 acres on the south side of Riverport Road, appraised at $604,600. The third parcel is 113.9 acres on the north side of Riverport Road, wrapping around the 9.3-acre parcel and including an offshoot of McKellar Lake. Its 2011 appraisal is $769,600.
MEPPI announced in mid-February it would build a $200 million transformer manufacturing plant in Belz Enterprises Inc.-owned Rivergate Industrial Park.
In March, the Shelby County Commission and Memphis City Council each put in $1 million toward infrastructure financing for the project.

5. Bartlett Warehouses Sell for $15M in Foreclosure -

CMLT 2008-LS1 Wolf Lake Drive LLC, an entity affiliated with Miami Beach, Fla.-based LNR Partners LLC, has bought 10 parcels comprising 15 addresses in Bartlett Logistics Center at a foreclosure sale for $15 million. CMLT 2008-LS1 Wolf Lake Drive LLC was the current lender for the property.

6. Events -

The Small Business Chamber meets today at 11:30 a.m. at the Holiday Inn at Poplar Avenue and Interstate 240. The luncheon celebrates the chamber's second anniversary. For more information, call 259-1093 or visit www.smallbusinesschamber.com.

7. Dixon Teapot Exhibit Neither Short nor Stout; Runs Through Sept. 24 -

May 15

The Dixon Gallery and Gardens hosts "The Artful Teapot: 20th Century Expressions from the Kamm Collection" through Sept. 24 at 4339 Park Ave. The exhibit examines the teapot as an inventive vehicle for artistic expression in the 20th century. All the works in the exhibit have been chosen from the celebrated Kamm collection, husband and wife Gloria and Sonny Kamm's person trove of more than 6,000 teapots. For more information, call 761-5250 or visit www.dixon.org.

8. Big Fat Greek Festival is on at Orthodox Church Friday and Saturday -

May 9

The Small Business Chamber holds a free Cellular South Workshop called "Identifying and Retaining Top Performers" from 5:30 p.m. to 7:30 p.m. in the boardroom of Agricenter International, 7777 Walnut Grove Road. Call 259-1093 or visit www.smallbusinesschamber.com for more information.