VOL. 130 | NO. 41 | Monday, March 2, 2015
EMPHASIS Commercial Real Estate
Strong 2014 points to healthier commercial market this year
After finally latching on to the broader national economic recovery in 2013, the Memphis-area commercial real estate market shook of the last vestiges of the Great Recession and roared back to life in 2014 with the office, retail, industrial and apartment sectors all producing solid gains.
Kemp Conrad joined the asset services team at Cushman & Wakefield/Commercial Advisors in 2007 after CB Richard Ellis acquired his former employer, Trammel Crow Co.
Jacque Beeson entered the world of real estate when she was 19-years-old, working as an assistant to a homebuilder developing subdivisions. She stayed in the residential sector for 17 years, until the local housing market bottomed out in 2010.
A Minnesota-based real estate investment trust has acquired a large Memphis industrial portfolio for $86.3 million, one of the largest transactions ever recorded in the Memphis market.
Facing specific criticism from political challengers that his administration is disorganized and hasn’t focused on priorities much past initial press conferences, Memphis Mayor A C Wharton Jr. acted this week to shake up his office starting at the top.
Boyle Investment Co. is offering the first glimpse of the new office building the company is planning near Poplar Avenue and Shady Grove Road.
Creative directors from Boston, Las Vegas and New York were charged with judging 675 entries in the AAF Memphis 48th annual American Advertising Awards for creative excellence. The judges were so impressed by the quality of work that they created four additional “Best Of” awards, which recognize the top work of the year.
The first major mixed-use development in Germantown’s western gateway zone is moving forward and will include the first co-branded hotel in the Memphis area.
Paul Morris will leave his post as president of the Downtown Memphis Commission late this year to become president of his family’s business, Jack Morris Auto Glass.
The developer of the mixed-use Highland Row project won approval for for an $11 million building permit from the city-county Office of Construction Code Enforcement.
Kim Grant Brown calls it the “crazy look” she sometimes gets when she meets a client who wants her to build him a home.
Tennessee Gov. Bill Haslam said the Tennessee legislature’s discussion and coming vote about the state’s public education standards is “critically important.”
It’s a tradition in Tressa Ogles’ house for the family to sit down together on Saturday mornings and enjoy a pancake breakfast.
To most Memphians driving past the Memphis Equipment Co. front lot on South Third Street near E.H. Crump Boulevard, the company appears to be a small lot of vintage U.S. Army vehicles.
Think of it as the front end of the front end, this fusion of methods for solving problems for real people and creating a better experience for them.
Whether intentional or the result of a collection of individual decisions, a skyline defines the unique characteristics of a city and the people who live there.
MEMPHIS, Tenn. (AP) – Faced with a projected $377 million funding gap over 10 years, the University of Tennessee has put together a plan that could mean some tough choices ahead for the school and its students.
NASHVILLE, Tenn. (AP) – The director of the Tennessee Literacy Coalition says the nonprofit organization that has promoted reading education for over three decades will close this year.
NASHVILLE, Tenn. (AP) – Some Republican lawmakers still reveling in the recent defeat of a proposal to expand Medicaid to 280,000 low-income Tennesseans are now setting their sights on 230,000 people enrolled through the federal health insurance exchange.
NASHVILLE, Tenn. (AP) – State Senate Speaker Ron Ramsey said last week that it may have been "a mistake" for Tennessee to subsidize the development of the General Motors plant outside Nashville because it has a United Auto Workers union contract.
WASHINGTON (AP) – The U.S. economy slowed more sharply in the final three months of the year than initial estimates, reflecting weaker business stockpiling and a bigger trade deficit.
WASHINGTON (AP) – Harsh winter weather left U.S. consumers feeling a bit less confident this month, the University of Michigan says. But confidence levels still remain at the highest level in eight years.
HUNTINGTON BEACH, Calif. (AP) – At a taco shop in Southern California, milkshakes are served in mason jars and a chalkboard menu lists "The 1%er" made with lobster meat.