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VOL. 123 | NO. 28 | Monday, February 11, 2008

Picking Up the Pieces

Industrial market looks out from the rubble

The industrial real estate market was thrown into a tizzy last week when Tuesday night's fierce storm whipped through the multitude of warehouses and distribution centers in Southeast Memphis and left destruction in its path.

Folk Conference To Bring Musicians

Singer-songwriter Olga Mathus moved to Memphis from New Orleans not long after Hurricane Katrina struck the Crescent City in August 2005. A slender, blonde chanteuse with a soulful, sometimes husky, blues voice, Olga - as she's widely known - encountered a music scene vastly different from the one she left behind.

Animal Photography Offers Lasting Memories of Cherished Pets

Got Pets? Then "they oughta be in pictures," as the saying goes.

Crime Time 2007: Theft From Vehicle

Government Gets Involved in Storm Recovery Effort

Two days before a swarm of tornadoes descended on Memphis and the region, emergency responders in Memphis and Shelby County began making plans in case Tuesday's approaching storm spawned tornadoes.

Local Weather
Today
Memphis, TN
65°F
Cloudy
Wind: 5 mph
Humidity: 42%

EVENTS

The Engineers' Club of Memphis will meet today at noon at the Holiday Inn-University of Memphis, 3700 Central Ave. Cost is $12 and no reservations are required. Walter White, director of operations at the Memphis International Airport, will present "Airport Operations."

more events »

Consolidated Police Proposal Back on Commission Agenda

The Shelby County Board of Commissioners will consider the idea of consolidating the Memphis Police and Shelby County Sheriff's departments at today's meeting.

Term Limits, Fullilove Outburst Highlight Charter Commission

It's not unusual for politics to involve emotions. But Thursday's meeting of the Memphis Charter Commission tested the limits of both. It also tested the state's open meetings law as city Attorney Elbert Jefferson sought for the second consecutive meeting to talk privately with the seven-member commission about legal issues.

Hickory Ridge Sears Ready for Business

It hasn't yet been a week since the storms that wreaked havoc across the Memphis area Tuesday produced a tornado that smashed through the Hickory Ridge Mall and tore out a wall of the mall's Sears store, among other damage it caused.

CB Richard Ellis Acquires Romanian Firm

LOS ANGELES (AP) - Commercial real estate services firm CB Richard Ellis Group Inc. said Friday it acquired Eurisko Consulting SRL for about $35 million to bolster its central and eastern European operations.

Nucor Buys Scrap Broker Owner for $1.44B

CHARLOTTE, N.C. (AP) - Steel producer Nucor Corp. said Friday it has agreed to acquire SHV North America Corp., which owns scrap broker and processor David J. Joseph Co., for about $1.44 billion.

Northwest CEO Says Consolidation 'Highly Likely at Some Point'

MINNEAPOLIS (AP) - Northwest Airline Corp.'s chief executive has told employees that further consolidation within the airline industry is "highly likely at some point" and that doing nothing could be Northwest's "worst alternative."

Mattila Wins Trustee’s Post, Wharton Has Problems With Bass Pro Terms

Paul Mattila, a legislative assistant to the late Shelby County Trustee Bob Patterson, was appointed today to be the new Shelby County Trustee. In balloting by Shelby County Commissioners, Mattila beat Debra R. Gates, chief administrator under Patterson and interim Trustee since Patterson’s death last month.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 69 311 15,028
MORTGAGES 83 338 19,668
FORECLOSURE NOTICES 0 43 3,838
BUILDING PERMITS 0 512 35,842
BANKRUPTCIES 65 247 14,281
BUSINESS LICENSES 16 120 5,111
UTILITY CONNECTIONS 70 316 21,749
MARRIAGE LICENSES 18 93 4,650

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