VOL. 127 | NO. 235 | Monday, December 3, 2012
SPECIAL EMPHASIS: Industrial Real Estate
Flow of small deals helps bolster city’s office market
The local office market saw little change in the third quarter, and brokers say the fourth quarter will likely yield similar results.
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.
Crye-Leike Commercial Real Estate president and managing broker Eric Fuhrman is a busy man.
Shelby County Commissioners take up the proposed sale Monday, Dec. 3, of 33.6 acres of land in the Frank C. Pidgeon Industrial Park in southwest Memphis.
Triumph Bank has enjoyed one of the most consistent success stories among Memphis-area community banks.
MEMPHIS, Tenn. (AP) - FedEx Corp. says that it is raising its shipping rates for ground and home delivery services in January by an average of 4.9 percent.
Countywide school board chairman Billy Orgel warned school administrators that they may be pushed aside if they don’t come up with recommendations that produce more efficiencies and save more money for the soon-to-be-merged school systems.
Commercial real estate is making a strong come back for one Memphis brokerage firm as previously shelved projects come roaring back to life.
LOCAL COLUMNISTS
There are those who continually improve their knowledge and skills and have accumulated 30 years experience. And then there are those who simply repeat their initial year of experience 30 times, learning very little along the way.
THE MEMPHIS NEWS
Controversial schools ruling has municipalities scrambling for countermove
About a half hour before the ruling by U.S. District Court Judge Samuel “Hardy” Mays in the municipal school district lawsuit, the chairman of the countywide school board called for his board and the school boards for the six suburban municipal school districts to get together.
The municipal school districts ruling by Memphis Federal Court Judge Hardy Mays is far from the final word in a legal, political and cultural dispute that is far bigger than the jurisdiction of any court.
MEMPHIS AREA
SALT LAKE CITY (AP) – A safety citation confirms that a former FedEx driver – now suing for discrimination – was cited for violations of federal trucking regulations.
REGIONAL
LITTLE ROCK, Ark. (AP) – GOP congressman Steve Womack is backing a law that would allow states to levy sales tax on online and catalog purchases.
NATIONAL BUSINESS
DETROIT (AP) – A former General Motors engineer with access to the automaker's hybrid technology was convicted Friday along with her husband of stealing trade secrets for possible use in China.
NATIONAL GOVERNMENT
WASHINGTON (AP) – American consumers have shown about as much appetite for the $1 coin as kids do their spinach. They may not know what's best for them either. Congressional auditors say doing away with dollar bills entirely and replacing them with dollar coins could save taxpayers some $4.4 billion over the next 30 years.