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VOL. 127 | NO. 190 | Friday, September 28, 2012

Red Deluxe Subleases Sullivan Space

Two well-known Memphis advertising agencies have inked a unique Downtown office deal.

Volunteer Spirit

Memphis Botanic Garden looks for business volunteers

Next month, a group from Emory University in Atlanta is coming to the Memphis Botanic Garden to participate in an “alternative fall break.”

Ryan Raises $1 Million In Memphis Stop

Republican Vice Presidential nominee Paul Ryan raised approximately $1 million for the Romney-Ryan presidential ticket during a Thursday, Sept. 27, fundraiser at the Racquet Club in Memphis.

Lease Takes Appling Farms to Capacity

A distributorship of Pella Corp. has inked 11,300 square feet in Appling Farms Corporate Park, 6972 Appling Farms Parkway.

Holder Evokes Memories of 1962 At Ole Miss

U.S. Attorney General Eric Holder marked the 50th anniversary of James Meredith’s admission to the University of Mississippi Thursday, Sept. 27, during a visit to the Oxford campus.

Kennedy to Discuss Latest Book on Memphis Visit

She came to Memphis 35 years ago as a young would-be reporter, an intern for the New York Daily News and looking to cover the death of Elvis Presley.

Jan. 3 New Trial Date In Schools Case

The second part of the federal court case on municipal school districts will go to trial Jan. 3 before U.S. District Court Judge Hardy Mays.

Armstrong Disagrees With Wharton’s Department Assessment

The fatal shooting of a 15-year-old boy by an off-duty Memphis police officer who claims he was being robbed has become the backdrop for a politically saturated controversy over what it says about the way the Memphis Police Department is run.

Electric Charging Stations Create Driver Options

Twelve of the parking spaces outside the visitors center at Shelby Farms Park come with a roof.

MEMPHIS STANDOUT

DeWitt to Steer Council With Passion for Real Estate

Greg deWitt’s history degree doesn’t necessarily come into play during his day-to-day leasing of office space, but it speaks to his early-on fascination with the built environment and the movers and shakers who helped to create it.

LOCAL COLUMNISTS

Boys Will Be Boys

BOYS WILL BE BOYS. AND THAT CAN BE VERY BAD. If you don’t think teenage boys are thinking about sex virtually every waking moment and dreaming about it virtually every second asleep then you never were one, never the parent of one, or never knew one. If you think wagging a finger at them will stop them, or fairy tales about sexuality instead of honest truth will change them, then you’re either in self-righteous denial or participating in society’s greatest conspiracy:

Be Realistic in Fundraising Forecast

Part two of a two-part series. How do you report that your nonprofit has not met its fundraising goal? Do you extend your campaign? Lay off employees? Close programs? Do more with less? Do you simply stop talking about the campaign and hope no one will ask about it?

STATEWIDE

Tennesseans Receiving Claims Forms in Settlement

NASHVILLE (AP) – The state attorney general's office is mailing claims forms to about 37,000 Tennesseans who may be eligible to receive a portion of a national mortgage foreclosure settlement.

HCA Expansion Adding Jobs, Towers in Nashville

NASHVILLE (AP) – Health care company HCA is relocating the headquarters of two of its business units to midtown Nashville in a move that could bring as many as 2,000 jobs to one of the largest commercial office developments in the city's history.

Dollar General Shareholders to Sell 30 Million Shares

GOODLETTSVILLE, Tenn. (AP) – Discount retailer Dollar General Corp. said Thursday that some of its shareholders plan to sell 30 million shares of its common stock in an underwritten secondary public offering.

NATIONAL BUSINESS

Data Suggest US Economy Growing Only Modestly

WASHINGTON (AP) – A spate of data Thursday painted a mixed picture of the U.S. economy: Demand for long-lasting manufactured goods fell and slightly fewer people signed contracts to buy homes. At the same time, the job market looked a little better.

Stubborn Drought Maintains Grip on Lower 48 States

ST. LOUIS (AP) – The nation's worst drought in decades consumed a larger portion of the lower 48 states last week with the Midwest corn harvest in full swing, according to the latest update by a drought-tracking consortium released Thursday.

REAL ESTATE

Contracts to Buy US Homes Fell Slightly in August

WASHINGTON (AP) – The number of Americans who signed contracts to buy previously occupied homes fell in August from a two-year high in July.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 76 166 10,044
MORTGAGES 105 195 13,070
FORECLOSURE NOTICES 0 35 2,573
BUILDING PERMITS 216 370 23,894
BANKRUPTCIES 82 152 9,685
BUSINESS LICENSES 42 51 3,654
UTILITY CONNECTIONS 103 264 14,227
MARRIAGE LICENSES 29 53 3,116

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