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VOL. 122 | NO. 108 | Tuesday, June 12, 2007

Parts & Parcel

Salvage auto parts retailer to build new 'store' on land near airport

Corporate executives from the Pull-A-Part chain of auto parts stores give the impression they consider "junkyard" a four-letter word.

Corporate Relocations, Real Estate Market Contribute To Memphis' 'Best Cities' Ranking

Memphis is being touted as one of the best cities for moving families.

Union University Acquires Olford Center Assets

     Sale Date:     May 31, 2007 -
The four-building, 18.5-acre Stephen Olford Center for Biblical Preaching. Union University, a Jackson, Tenn.-based private Christian institution, acquired the center and other assets from Olford Ministries International (OMI) May 31, when OMI officially became part of Union. OMI's board of directors approved the merger in April.

BBAC Slated to Buy Back Yard Burgers Chain For Almost $40M

Back Yard Burgers Inc. will be acquired this year by the Atlanta-based private equity firm BBAC LLC and its wholly owned subsidiary BBAC Merger Sub Inc. for $38 million, the companies announced Monday.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 115 270 19,843
MORTGAGES 141 311 23,225
FORECLOSURE NOTICES 23 71 8,375
BUILDING PERMITS 0 338 40,366
BANKRUPTCIES 74 196 13,300
BUSINESS LICENSES 25 48 6,185
UTILITY CONNECTIONS 40 125 13,120
MARRIAGE LICENSES 15 73 4,915

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