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VOL. 125 | NO. 115 | Tuesday, June 15, 2010

Cautious Optimism

Industrial leaders hopeful for market turnaround

Industrial real estate, which thrives whenever companies choose one of the city’s numerous warehouses and distribution centers to store their goods, plays a significant role in Memphis’ economy.

Colliers to Rebrand Following Joint Venture

One of the oldest and most respected commercial and industrial real estate firms in town will see a name change this summer.

Browder Bets on Market Recovery

Reading the recovery of the commercial real estate market in the last year has been like picking a horse at the races with largely unknown odds, but Mack Browder is putting his money on an old favorite to pull through in the end.

Brownstone Lands First Tenant In Radiological and Vascular Center

7695 Poplar Pike, Germantown, TN 38138, Sale Amount: $1.6 Million -
Memphis Radiological and Memphis Vascular Center have paid $1.6 million for the first floor of The Brownstone, a Class A office building that soon will rise at 7695 Poplar Pike in Old Germantown.

Jury Duty

Optimism defined April. Pessimism defined May. June seems undecided. The markets may have taken to chambers to deliberate, but the public has rendered judgment.

Local Weather
Currently
Memphis, TN
70.0°F
Fair
Wind: Calm mph
Humidity: 87%

EVENTS

The University of Tennessee Health Science Center and the Leukemia & Lymphoma Society will present “New Treatments, No Tricks,” a free seminar on minority participation in clinical trials, Tuesday from 8 a.m. to 2 p.m. at the UT Student-Alumni Center, 800 Madison Ave. To register, call 448-1938.

more events »

21 In Field for General Sessions Criminal Court Judge Race

A total of 21 candidates are in the race for General Sessions Court Judge Division 7.

Rules Released on Small-Biz Tax Credits for Health Care

One of the first set of regulations issued for the new health care reform law deals with tax credits that small businesses can take advantage of this year.

U.S. Ed Secretary Seeks to Improve Testing

Just as teachers must improve and parents must become more involved, U.S. Education Secretary Arne Duncan wants to improve the tests students take in schools.

HEALTH CARE

Medicare Hits Pause Button on Cuts in Doctors' Pay

WASHINGTON (AP) - Medicare officials are hitting the pause button on a hefty cut in doctor's pay required by law unless Congress acts.

Report: Employers to See 2011 Medical Costs Jump

INDIANAPOLIS (AP) - Companies that offer employee health insurance expect another steep jump in medical costs next year, and more will ask workers to share a bigger chunk of the expense, according to a new PricewaterhouseCoopers report.

NATIONAL BUSINESS

Pickup Sales Picking Up and Economy Hitches a Ride

NEW YORK (AP) - If you want a hint about the economic recovery, follow that truck.

NATIONAL POLITICS

State Dept. Wants Combat Gear for Security in Iraq

WASHINGTON (AP) - The U.S. State Department says its diplomatic staff won't be safe after the American military leaves Iraq unless it has its own combat-ready protection force, a warning that underscores concerns about the Iraq army and police the U.S. has spent billions of dollars training and equipping.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 209 209 16,401
MORTGAGES 252 252 18,937
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 393 393 33,519
BANKRUPTCIES 124 124 10,861
BUSINESS LICENSES 57 57 5,255
UTILITY CONNECTIONS 102 102 11,446
MARRIAGE LICENSES 70 70 3,937

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