VOL. 128 | NO. 53 | Monday, March 18, 2013
EMPHASIS Commercial Real Estate
Canal expansion should spark more cargo, CRE demand in Memphis
The expansion of the Panama Canal will affect the supply chain of businesses across the country, including those involved in Memphis industrial real estate.
For the first time in history, the property value of the once-every-four-year reappraisal is going down, and it has some commercial real estate property owners concerned.
Anna Holtzclaw’s footprint is on property all over Memphis.
Boyle Investment Co. turns 80 this year, and has partnered with the Memphis Brooks Museum of Art to celebrate.
Mortgage activity in Shelby County began 2013 by shifting into a higher gear, but someone tapped the brakes in February.
Gramercy Capital Corp. has acquired Hacks Cross Logistics Center Building 1 in Olive Branch for $24.7 million from Hillwood Investment Properties.
Shelby County Commissioners might discuss Monday, March 18, the idea of restructuring the countywide school board for a third time in the last year and a half.
GOVERNMENT AGENDA
The Shelby County Commission will meet Monday, March 18, at 1:30 p.m. in the Shelby County Administration Building, 160 N. Main St. Click on the meeting icon for an agenda.
For Walter Wills III, taking care of his neighborhood and the surrounding area is one of his life tasks.
LOCAL COLUMNISTS
Years ago I stumbled across an interesting book titled “The Logic of Failure” by Dietrich Dörner. The main premise of the book is that if you are not careful, the side effects of some solutions will make things worse.
STATE GOVERNMENT
NASHVILLE (AP) – A proposal to bar local governments from renaming parks or monuments honoring Tennessee's military figures is headed to the governor for his consideration.
REGIONAL
NEW YORK (AP) – New York City Mayor Michael Bloomberg is chiding the Mississippi Legislature for passing a bill pre-empting local food restrictions.
NATIONAL BUSINESS
WASHINGTON (AP) – A strong increase in auto output boosted U.S. factory production last month, the latest sign that manufacturing is helping drive economic growth after lagging for much of 2012.
MIAMI (AP) – The world's largest cruise line has suffered through a number of high-profile mishaps. Yet passengers continue to book vacations thanks to discounts, albeit at a slower pace.
NATIONAL GOVERNMENT
WASHINGTON (AP) – Foreign demand for U.S. Treasury securities rose to a record level in January, providing evidence that international investors remain confident in U.S. debt despite on-going budget battles in Washington.