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VOL. 127 | NO. 211 | Monday, October 29, 2012

Hotel Chisca Gets New Owners, Art Facelift

The chain link fence surrounding the dilapidated Hotel Chisca in Downtown Memphis is a little bit easier on the eyes as of Saturday, Oct. 27.

SPECIAL EMPHASIS: Office & Industrial Real Estate

Capital Influx

Industrial sector sees notable uptick in institutional buyers

Capital is finally being set free in the Memphis industrial market, with opportunities on both the buy and sale side of investment deals.

City Responds To State Appeal In Photo Voter ID Case

Attorneys for the city of Memphis will file a motion with the Tennessee Supreme Court by noon Monday, Oct. 29, in the photo voter ID court case.

Medical Office Sector Enters Transitional Period

As the trend for health care mergers intensifies, the city’s medical office market evolves, with some private practices consolidating into hospital systems and others relocating to better serve their patients.

Local Weather
Today
Memphis, TN
55°F
Fair
Wind: 6 mph
Humidity: 67%

EVENTS

The Rotary Club of Memphis East will meet Wednesday, Oct. 31, at noon at The Racquet Club of Memphis, 5111 Sanderlin Ave. Orpheum president and CEO Pat Halloran will speak. Cost is $17. R.S.V.P. to Lee Hughes at lmhughes@bellsouth.net.

more events »

Schmitt’s Career Fueled By Outside-the-Box Thinking

Jill Schmitt used to envision herself searching for relics of ancient world cultures but instead found her niche helping businesses find new digs.

Brinkley Plaza Sells to Olymbec for $7.2 Million

Downtown’s Brinkley Plaza has sold for $7.2 million to a Canadian real estate investment firm.

Third-Quarter Earnings Vary Widely

Third-quarter earnings season is wrapping up, and the results have been all over the map for banks and financial institutions with ties to Memphis.

EdR’s Net Income Rises in Third Quarter

EdR reported a net income of $489,000 in the third quarter, the Memphis-based collegiate housing real estate investment trust reported after market close Thursday, Oct. 25.

Cohen, Flinn Sparring Heats Up as Election Nears

It’s been an election year in Shelby County dominated by something other than candidates in a local political arena where personality and name recognition usually go far.

Voter ID Law Controversy Could Continue

Memphis Mayor A C Wharton Jr. gave a lawyer’s answer when asked what would happen if the Tennessee Legislature might amend the state law requiring a photo voter ID in light of the Thursday, Oct. 25, Tennessee Court of Appeals ruling on the matter.

SMALL BUSINESS SPOTLIGHT

Connecting Tenants With Space Keeps Acker Robison Thriving

For 11 years now, Acker Robison Realty has been helping businesses around the Memphis area with their commercial real estate needs.

LOCAL COLUMNISTS

The Magic Of Mental Images

As it turns out, it appears that your brain does not know the difference in real or imagined events. That’s why some golfers practice by imagining golf shots, some tennis players practice by imagining tennis shots and other athletes practice by imagining doing whatever their chosen sport requires them to do well. Pretty much the same brain cells fire whether you are doing something or thinking about doing it; and brain cells firing in unison is one way to describe learning.

THE MEMPHIS NEWS

A Season for More

Grizzlies, Tigers look to reach new heights in 2012-2013

Last season, the Grizzlies made the playoffs and even earned home-court advantage for their first-round series against the Los Angeles Clippers.

Time for Memphians to Rejoice Yet Again

Each year, a Chicago firm called Challenger, Gray & Christmas Inc. publishes a tongue-in-cheek report on the nation’s lost productivity during March Madness.

STATEWIDE

Tennessee Appeals Voter ID Ruling Over Library Card

NASHVILLE, Tenn. (AP) — Tennessee election officials have filed an appeal with the state Supreme Court seeking to overturn a ruling that enabled voters to use photo identification issued by the Memphis Public library at the polls.

Death Toll From Meningitis Rises to 10 in Tennessee

NASHVILLE, Tenn. (AP) — Another person has died in Tennessee from a fungal meningitis outbreak caused by contaminated steroid injections for back pain.

NATIONAL BUSINESS

Airlines ask Fliers to Reschedule due to Big Storm

NEW YORK (AP) — Some U.S. airlines are giving travelers a way out if they want to scrap their plans due to Hurricane Sandy.

Oil Rises as Massive Storm Aims for East Coast

The price of oil rose slightly Friday as data showed the U.S. economy is muddling along and the East Coast prepares for a potentially damaging storm.

US Consumer Confidence at Highest Level in 5 Years

WASHINGTON (AP) — A survey shows consumer confidence rose this month to the highest level in five years, an encouraging sign for the still-weak economy

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 89 242 14,959
MORTGAGES 111 255 19,585
FORECLOSURE NOTICES 21 43 3,838
BUILDING PERMITS 153 512 35,842
BANKRUPTCIES 61 182 14,216
BUSINESS LICENSES 18 104 5,095
UTILITY CONNECTIONS 76 246 21,679
MARRIAGE LICENSES 16 75 4,632

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