VOL. 123 | NO. 28 | Monday, February 11, 2008
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.
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.
Got Pets? Then "they oughta be in pictures," as the saying goes.
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.
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.
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.
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.
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.
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.
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."
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.