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VOL. 129 | NO. 71 | Friday, April 11, 2014

Daily Digest

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Glencore Grain Buys 2 Industrial Properties

An affiliate of Swiss commodities giant Glencore International AG has bought warehouses at 1824 Frisco Ave. and 2452 Frisco Ave. in the Defense Depot area.

Stamford, Conn.-based Glencore Grain (USA) LLC paid $980,000 for the 242,568-square-foot warehouse at 1824 Frisco Ave. from Atkinson Realty LP.

And the company paid $504,000 for the 188,864-square-foot warehouse at 2452 Frisco Ave. from Starr Storage Co. LLC.

No financing was associated with the purchases, which both closed April 1.

Built in 1941, the Class E industrial building at 1824 Frisco Ave. sits on 8.6 acres at the southeast corner of Frisco Avenue and Castalia Street. The Shelby County Assessor of Property’s 2013 appraisal was $432,300.

Built in 1950, the Class E industrial building at 2452 Frisco Ave. sits on 7.9 acres on the north side of Frisco at its intersection with Imogene Street. The assessor’s 2013 appraisal was $414,400.

Source: The Daily News Online & Chandler Reports

– Daily News staff

Ugwueke Named President of Methodist Le Bonheur

After serving more than a year as executive vice president and chief operating officer, the Methodist Le Bonheur Healthcare board has approved Michael Ugwueke as president and COO of parent company Methodist Le Bonheur Healthcare, as well as president and CEO of Methodist Healthcare Memphis Hospitals (MHMH).

MHMH includes the five Memphis hospitals licensed as one, including Methodist Germantown Hospital, Le Bonheur Children's Hospital, Methodist North Hospital, Methodist South Hospital and Methodist University Hospital. The move, effective May 1, is designed to help Methodist Le Bonheur Healthcare become a stronger integrated system. Ugwueke will be responsible for operations across the system.

– Don Wade

TSA Opening PreCheck Application Center

Navigating the security process at Memphis International Airport could get a little easier for some passengers.

The Transportation Security Administration is opening an application site at Memphis International Friday, April 11, for TSA PreCheck, an expedited screening program that allows travelers to leave on their shoes, light outerwear and belts, keep their laptops in cases and keep compliant liquids and gels in a carryon bag. TSA is currently in the process of expanding to more than 300 application centers across the country.

U.S. citizens and lawful permanent residents will be allowed to go through a pre-enrollment process online at tsa.gov/tsa-precheck, make an appointment and complete their enrollment at the application center to verify their identity and provide documentation to confirm their citizenship or immigration status, and to provide fingerprints.

The application center will be open Monday through Friday from 9 a.m. to 5 p.m. Applicants with questions can contact the Universal Enrollment Call Center at 855-347-8371 Monday through Friday from 7 a.m. to 9 p.m.

In other airport news, the Airport Authority on Thursday awarded a $517,356 contract to Belz Construction Services LLC to relocate a small TSA office as part of the airport’s concourse modernization plan. Belz will build a 3,550-square-foot office for the TSA in a space between Concourses A and B.

Under the downsizing plan the airport is pursuing, Concourse B will be improved while excess gates in Concourses A and C will be razed.

– Amos Maki

Magazine Again Honors Indie Memphis Festival

For the second year in a row, the Indie Memphis Film Festival has been named to MovieMaker magazine’s 2014 list of “Top 50 Film Festivals Worth the Entry Fee.”

The list will be in the spring issue on newsstands April 22.

The dates for this year’s Indie Memphis festival are Oct. 30 through Nov. 2. The event is marking its 17th anniversary this year and is expanding its footprint with the addition of the new Hattiloo Theatre, scheduled to open in midsummer.

– Andy Meek

RISE Hosting End-of-Tax Season Event at Wiseacre

If the end of tax season isn’t worth celebrating, then what is?

The RISE Foundation is taking advantage of this sentiment with a “Friendraiser” at Wiseacre Brewing Co. on April 16.

The event runs from 5:30 p.m. to 7:30 p.m. at the brewery, 2783 Broad Ave. Party admission of $20 includes two drink tickets, hors d’oeuvres, a souvenir coaster and a chance to learn more about RISE, a Memphis-based nonprofit that aims to help low-income residents out of poverty.

– Don Wade

Ward Road to Close for Bridge Work

Ward Road between Garnet and Old Millington roads will close April 28 to through traffic for a year as county work crews replace the Ward Road bridge over Big Creek in north Shelby County.

Dement Construction Co. LLC is the contractor for the $1.3 million project funded by the state as well as state gasoline tax money.

The contract was approved in December by the Shelby County Commission.

– Bill Dries

Wink Spalon Holds Ribbon-Cutting April 11

Wink Spalon, a new salon offering semi-permanent and temporary lash extensions, is holding a ribbon cutting ceremony April 11.

The “spalon” is located at 764 Brookhaven Circle. The ceremony will begin at 3:30 p.m., with a grand opening event to follow. Attendees will be able to tour Wink Spalon, meet owner Chandra Wilson and learn about the services offered.

– Andy Meek

Memphis Football Spring Game April 11

The Tigers football team’s spring practice will culminate with the Blue-Gray Spring Game Friday, April 11, at 7 p.m. at Liberty Bowl Memorial Stadium.

Admission to the game is free.

Tailgate activities on Tiger Lane will begin at 5 p.m. and continue until kickoff. The team will hold its traditional Tiger Walk through Tiger Lane at 6 p.m.

– Don Wade

Senate OKs House Version of 'In God We Trust' Bill

The Tennessee Senate has voted to overrule the sponsor of a bill that originally sought to require the phrase "In God We Trust" to be painted behind the speaker's podiums in the state Capitol.

Republican Sen. Stacey Campfield of Knoxville urged the chamber to reject House changes to the bill that would instead instruct the State Capitol Commission to study having the phrase painted in the tunnel connecting the building to the Legislative Plaza.

But the Republican-controlled chamber voted 19-8 against Campfield's motion, which had the effect of agreeing to the House version of the bill and sending it to Gov. Bill Haslam's desk.

Campfield was visibly upset by the chamber's action, and complained off the microphone that one GOP colleague was "messing" with his bill.

– The Associated Press

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 65 366 17,721
MORTGAGES 70 417 23,068
FORECLOSURE NOTICES 0 76 4,504
BUILDING PERMITS 210 932 42,157
BANKRUPTCIES 62 299 16,691
BUSINESS LICENSES 19 80 5,781
UTILITY CONNECTIONS 49 305 25,174
MARRIAGE LICENSES 16 96 5,381

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