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Editorial Results (free)

1. Wyatt Aiken, Accomplished Memphis Commercial Real Estate Broker, Dies -

Widely known and highly respected Memphis commercial real estate broker Wyatt Aiken died Friday morning after an extended illness.

Aiken was executive vice president/CEO of Cushman Wakefield-Commercial Advisors. Among his many professional achievements, Aiken served as president of the SIOR (Society of Industrial and Office Realtors) Memphis Chapter in 2007-2008.

2. Pinnacle Awards Honor Commercial Real Estate Standouts -

The local commercial real estate community gathered at the Memphis Botanic Garden Thursday, April 9, for the 14th annual Pinnacle Awards. Every year, the Memphis Area Association of Realtors Commercial Council honors its members based on their transactional volume, merit and community activity.

3. Source: Horizon Under Contract To Be Purchased -

The Horizon, an uncompleted 16-story residential tower overlooking the Mississippi River on the southern end of Downtown, could change hands soon.

A yet-to-be-identified buyer is under contract to purchase the tower, according to sources familiar with the effort.

4. Pahlow Wins Broker of the Year -

After enduring early struggles in his commercial real estate career, Scott Pahlow has reached the top of his industry.

Pahlow, an executive vice president with Newmark Grubb Memphis, was named Commercial Broker of the Year Thursday night at the Memphis Area Association of Realtors Commercial Council’s 13th annual Pinnacle Awards gala.

5. 13th Annual Pinnacle Awards On the Horizon -

Planning is well underway for the Memphis Area Association of Realtors Commercial Council’s 13th annual Pinnacle Awards ceremony, an evening dedicated to bringing commercial real estate industry professionals together and honoring them for their accomplishments in the previous year.

6. Legacy Wealth Management Grows Staff, Relocates -

Legacy Wealth Management is starting 2014 with a handful of new faces and a move to a new office soon.

New additions to the ranks at Legacy include Brent Westbrook, who’s joined the firm as managing director of business development and client service. He came to Legacy from Argent Financial Group and will be working to introduce Legacy’s services to individuals, families and business-sponsored retirement plans.

7. Leases Push Renaissance Center Near Capacity -

The Renaissance Center office building in East Memphis should be near capacity early next year, following a series of recent lease signings.

Financial Federal signed a lease on Tuesday, Nov. 20, to occupy 27,000 square feet on the first and second floors of the Renaissance Center, 1715 Aaron Brenner Drive. In addition to the new location, the growing financial firm will have signage atop the East Memphis office building along Poplar Avenue east of Interstate 240.

8. Financial Federal Moving to Renaissance Center -

Financial Federal is moving into 27,000 square feet on the first and second floors of the Renaissance Center at 1715 Aaron Brenner Drive.

9. Legacy Wealth Management to Relocate Office -

Legacy Wealth Management Inc. is moving to the Renaissance Center.

The financial planning and portfolio management firm will take approximately 7,500 square feet in the building located at 1715 Aaron Brenner Dr., relocating from its current office at Atrium I.

10. Commercial Real Estate Market Reawakens -

After suffering through a prolonged slump, the Memphis commercial real estate market this year began to shake off the rust that gathered during the “Great Recession,” and brighter days could be ahead for the prime markets in the apartment, retail, office and industrial sectors, according to local experts.

11. Events -

The Memphis Light, Gas and Water Division board will meet Thursday, Nov. 7, at 1:30 p.m. in the MLGW board room, 220 S. Main St. Visit mlgw.com.

12. Events -

Memphis Rotary Club will meet Tuesday, Nov. 5, at noon at the University Club of Memphis, 1346 Central Ave. Peter Letsou, dean of the University of Memphis Cecil C. Humphreys School of Law, will speak. Cost for nonmembers is $18. RSVP to Taylor Hughes at taylor@memphisrotary.org.

13. Events -

The Orpheum Theatre will present “West Side Story” Tuesday, Nov. 5, through Sunday, Nov. 10, at the theater, 203 S. Main St. Visit orpheum-memphis.com or call 525-3000 for showtimes and tickets.

14. Apartment, Retail Markets Holding Steady -

The Memphis area multifamily and retail markets continue to chug along, with the newer, more upscale products in each sector propping up both overall markets.

Those trends and others in commercial real estate will be the subject of discussion Thursday, Nov. 7, during the 2013 Commercial Real Estate Review & Forecast, one of six seminars in The Daily News’ 2013 Seminar Series.

15. Experts to Provide CRE Outlook at Seminar -

Class A office space in East Memphis reigns supreme, which should continue to drive up rental rates, while industrial developers are ramping up activity outside the city of Memphis.

Those trends and others in commercial real estate will be the subject of discussion Thursday, Nov. 7, during the 2013 Commercial Real Estate Review & Forecast, one of six seminars in The Daily News’ 2013 Seminar Series.

16. Business Leaders Say Tax Incentive Process is Tough -

It still takes too long to make a deal to move a business to Memphis with tax incentives, but without them, Memphis can’t compete with tax rates in other cities in the Southeast U.S., according to two local business leaders.

17. Optimism Returns to Industrial Market -

Following the bloody recession and its brutal aftermath, one word has begun to creep back into the local industrial real estate lexicon: optimism.

“I wouldn’t say we’re out of the woods yet but there’s a bunch of positive momentum out there,” said Jim Mercer, executive vice president of brokerage services at CB Richard Ellis Memphis. “People are cautiously optimistic.

18. Levenger Leases Up EastPark IV -

A Delray Beach, Fla.-based specialty retail company is relocating its Memphis distribution warehouse within the Southeast submarket.

Levenger has inked 96,400 square feet in EastPark Distribution Center IV, 5265 Hickory Hill Road, bringing the 372,800-square-foot building to full occupancy. Levenger also has an operation at 3530 E. Raines Road.

19. Commercial Advisors Turns 20, Expands Office -

Cushman & Wakefield/Commercial Advisors LLC celebrates 20 years of serving clients in the Memphis community this year and has recently expanded its East Memphis office.

20. Aiken: The Study Brings Accountability to Tutoring -

Entrepreneurs are by nature risk-takers, but it’s not everyday that you see a 24-year-old putting his livelihood on the line to pursue his calling.

In mid-October, James Aiken launched a professional tutoring business called The Study in East Memphis at 5179 Wheelis Drive. The company offers private tutoring in one-on-one and group settings, standardized test preparation and education consulting.

21. DeWitt to Steer Council With Passion for Real Estate -

Greg deWitt’s history degree doesn’t necessarily come into play during his day-to-day leasing of office space, but it speaks to his early-on fascination with the built environment and the movers and shakers who helped to create it.

22. Monroe Ave. Bldg. Sells For $3.3M -

A fully leased Downtown office building has traded hands for more than twice its assessed value.

309 Monroe Property LLC purchased the 22,792-square-foot property at 309 Monroe Ave. for $3.3 million. The Shelby County Assessor of Property’s 2011 appraisal was $1.5 million.

23. Mallory’s Route Leads Him to CRE Career -

Neely Mallory IV comes from a long line of logistics executives, with ancestry dating back to Memphis’ early days as a cotton hub.

These days, Mallory is learning the ropes of supply chains from a different vantage point: through some of the city’s top producing industrial real estate professionals.

24. CRE Outlook Remains Mixed -

A sophomore at the University of Memphis could open up an economics book and explain how the United States got to its current state through the laws of demand, diminishing returns and comparative advantage.

25. CRE Outlook Remains Mixed -

A sophomore at the University of Memphis could open up an economics book and explain how the United States got to its current state through the laws of demand, diminishing returns and comparative advantage.

26. CRE Activity Stays Strong During 2011 -

Despite hard times, local commercial real estate firms were able to ink plenty of deals in the past 12 months.

Memphis’ industrial leasing activity kicked off in January when Buena Park, Calif.-based Pacific Logistics Corp. signed a 60,000-square-foot lease in ProLogis Park DeSoto for its first Memphis-area location.

27. Green Shoots -

As the local commercial real estate market approaches the end of 2011, experts say it appears to be in line with national fundamentals for secondary and tertiary markets.

Shelby County commercial sales in the third quarter were the highest sales volume since Q3 2007, with $259 million, according to real estate information company Chandler Reports, www.chandlerreports.com.

28. Depot Biz Park Changes Direction -

From Army supply base to base of operations, the new owners of the Memphis Depot Business Park hope to position their revitalized 260-acre site in South Memphis on real estate brokers’ radar screen as a solution for industrial needs.

29. CRE Sales Up, Outlook Still Dour -

February’s mixed bag of commercial real estate sales serve as evidence of the sluggish speculative market, which doesn’t appear to be staging a comeback in the foreseeable future.

Shelby County saw 48 CRE sales last month, a 41 percent increase from 34 sales in February 2010, but also a 16 percent decrease from 57 in January, according to the latest information from real estate information company Chandler Reports, www.chandlerreports.com.

30. WPG Americas Signs Lease in Southaven -

A San Jose, Calif.-based worldwide electronics distributor is entering the Memphis area with full force.

WPG Americas Inc. has signed a 54,000-square-foot lease at Airways Distribution Center, 481 Industrial Drive, in Southaven. The project – a relocation of the WPG America’s New York facility – represents a $1.5 million investment by the company and will create 60 jobs over the next three years.

31. Riley Poised to Lead MAAR Commercial Council in 2011 -

Ron Riley launched his sales career by selling copiers and printers at Xerox Corp. shortly after receiving his bachelor’s degree in business from the University of Memphis.

32. Highwoods Stands Tall Among Competition -

As a prominent investment and leasing firm and one of the most active real estate investment trusts in the Memphis market, Highwoods Properties Inc. routinely made commercial real estate headlines in 2010.

33. Seeking Stability -

The commercial real estate market is poised for a comeback in 2011, as investment sales show signs of recovery and occupancy slowly improves to meet supply.

Shelby County’s commercial sales during the past 12 months (November 2009 through October 2010) totaled 581, down 6 percent from 620 sales during the previous 12-month period, according to the latest data from real estate information company Chandler Reports, www.chandlerreports.com.

34. Grubb & Ellis’ deWitt Appointed To MAAR Commercial Council -

Greg deWitt of Grubb & Ellis Co. has been appointed to the Memphis Area Association of Realtors Commercial Council. He will take over one of the council’s director seats next year before becoming the council’s vice president in 2012.

35. MAAR Commercial Council Welcomes New Board Members -

The Memphis Area Association of Realtors Commercial Council held its annual board of directors meeting Thursday, approving three new members for its 2011 board.

Greg deWitt of Grubb & Ellis Co. will take over one of the council’s director seats next year before becoming the council’s vice president in 2012. He will inherit the seat occupied by John Mercer of Highwoods Properties in 2011.

36. Highwoods Renews Lease With Agency Services -

Highwoods Properties Inc. has announced a 3,700-square-foot lease renewal with Agency Services Inc. at Highwoods’ Southwind Office Center, 8275 Tournament Drive.

37. CRE Market Sweats Tight Times -

From Downtown to the eastern suburbs, from the airport to Millington, the landscape is bleak for commercial real estate brokers.

Everywhere they look, they see signs that the local market has endured and continues to endure its share of black eyes. In the past 12 months, for example, two of the area’s four biggest sales occurred on the Shelby County Courthouse steps.

38. Aiken’s Love of Profession Radiates in Commercial Realty Work -

Wyatt Aiken launched his commercial real estate career in 1983, the same year he graduated from Tulane University with an MBA. As the New Orleans native first looked for jobs, he interviewed in a handful of Southeastern U.S. cities, but never considered Memphis.

39. Garrison Appointed to Leadership Post for American Bar Section -

Grady M. Garrison has been appointed to serve as vice chair of the Intellectual Property Litigation Subcommittee for the American Bar Association Litigation Section.

Garrison, of counsel at Baker, Donelson, Bearman, Caldwell & Berkowitz PC, concentrates his practice in the areas of intellectual property and franchise law.

40. MAAR Commercial Council Names 2010 Officers -

The Memphis Area Association of Realtors Commercial Council announced Friday that Wyatt Aiken of Commercial Advisors will serve as 2010 president and Ron Riley of In-Rel Management will serve as 2010 president-elect.

41. Weichert Realtors’ Chapman Recognized for Service Achievement -

Amy Chapman, broker and owner of Weichert Realtors-Chapman & Associates, has been awarded Quality Service Certified Platinum status. It is considered the highest level of service achievement in the real estate industry.

42. MAAR Commercial Council Elects Skopp President -

The Memphis Area Association of Realtors Commercial Council has elected Irvin Skopp of Belz Realty Co. as the 2009 board of directors’ president and Wyatt Aiken of Commercial Advisors as 2009 president-elect.

43. Sitting Pretty -

For anyone who can't see how important FedEx is to Memphis' economy, Wyatt Aiken, senior vice president of Commercial Advisors LLC, paints the following picture:

"If Memphis wasn't a great distribution hub, FedEx wouldn't be here," he said, "and if FedEx wasn't here, we'd be Little Rock."

44. Commercial Advisors' Jensen Voted Commercial Broker of the Year -

Larry Jensen has received the 2005 Pinnacle Award for Commercial Broker of the Year from the Memphis Area Association of Realtors' Commercial Council. Jensen is president and CEO of Commercial Advisors LLC. He has more than 30 years of experience in real estate.

45. Young & Perl Founder Moves to Baker Donelson -

Edward R. Young, nationally known labor and employment attorney and co-founder of Young & Perl PLC, has joined Baker, Donelson, Bearman, Caldwell & Berkowitz PC's Memphis office as a shareholder. Colleagues William D. Levy and William P. Dougherty also have joined the firm.

46. Archived Article: Lead - Industrial Market Looks for Improvement

Industrial Market Perks Up for 2005

Prospects seeking property in Shelby, DeSoto counties

LANCE ALLAN

The Daily News

Month after month, quarter after quarter saw the same story in the local indu...

47. Archived Article: Lead - Industrial Market Update

Industrial Market Sees Signs of Strength

Local property sales rise, leasing remains strong

LANCE ALLAN

The Daily News

Opinions have varied during this election year of whether or not the economy is on an upswi...

48. Archived Article: Newsmakers - (e-photo) Virginia M

Memphis Area Legal Services Hires Staff Attorney

Virginia M. Alexander was hired as a staff attorney with Memphis Area Legal Services Inc. to work on MALS family/domestic violence project. Alexander previously was a sole p...

49. Archived Article: Daily Digest - NCF Subsidiary

NCF Subsidiary

Launches New Division

National Commerce Bank Services Inc., a subsidiary of National Commerce Financial Corp., has launched a new division. NCBS Strategic Marketing Solutions focuses on target marketing and cus...

50. Archived Article: Indus (lead) - Lead

Industrial market shows signs of improvement

By LANCE ALLAN

The Daily News

For any number of reasons signs of economic improvement, a perceived decline in interest in the situation in Iraq, and so on conditions look to be slowly but...

51. Archived Article: Office (lead) - Office real estate market waits out slow economy

Office real estate market waits out slow economy

By STACEY WIEDOWER

The Daily News

Uncertainty has plagued all aspects of commercial real estate in recent months, and the office real estat...

52. Archived Article: Real Focus - Industrial real estate market further hampered by war

Industrial real estate market further hampered by war

By STACEY WIEDOWER

The Daily News

With companies hesitant to make major operating decisions in a national climate characterized b...

53. Archived Article: Real Focus - Office market showing slow but steady growth

Office market showing slow but steady growth

By STACEY WIEDOWER

The Daily News

The office real estate market in the Memphis area is dragging its feet along with the rest of the local economy, ...

54. Archived Article: Industrial (lead) - Industrial real estate market takes a dive

Second quarter industrial market slumps

By SUE PEASE

The Daily News

After years of seeing the industrial real estate market soar in Memphis, first and second quarter numbers showed sure signs th...

55. Archived Article: Calendar - Oct Calendar for Oct. 15-Oct. 21

Oct. 15

Memphis Investors Group meets at 7 p.m. in the Adams lecture hall at the Holiday Inn-Mount Moriah. The guest speaker is David Scott, a building and home inspector. The MIG-REI 101 seminar with Hal Wilso...

56. Archived Article: Tech Focus - By SUE PEASE

Dot-bombs dont bust Memphis warehousing market

By SUE PEASE

The Daily News

The dot-com businesses that at one time filled thousands of square feet of warehouse space in this city have had a long year of exiting the scene. 57. Archived Article: Calendar - Oct

Calendar for Oct. 8-Oct. 14

Oct. 8
The International Association of Administrative Professionals monthly meeting is 6 p.m. at the Holiday Inn-East. The speaker is Charlotte Doyle, IAAP Tennessee division adviser and immediate past Ten...

58. Archived Article: Real Briefs - Memphis Chapter 20 of the Institute of Real Estate Management luncheon meeting is noon Oct

Crye-Leike hosts its annual real estate expo from 8 a.m. to noon Oct. 16 at the Marriott hotel, 2625 Thousand Oaks Blvd., to provide educational and market...

59. Archived Article: Calendar - Oct

Oct. 1

Minority Enterprise Development Week, Oct. 1 through Oct. 5, brings together minority business owners, buyers and procurement representatives from corporate America, federal, state and local governments. In keeping with this years t...

60. Archived Article: Focus (peermark) - Real estate market research firm launches web site Real estate market research firm launches Web site By SUE PEASE The Daily News Holley Dargies original idea for her companys Web site was to provide information to clients in a spreadsheet format on...

61. Archived Article: Office - By Stacey Wiedower Office construction off to slow start in 2000 By Stacey Wiedower The Daily News New office construction showed a slower start during the first quarter of 2000 compared to the first quarter of 1999, thanks to a few large projects s...

62. Archived Article: Office (lead) - By STACEY PETSCHAUER Office development up slightly from 97 By STACEY PETSCHAUER The Daily News Office development in Shelby County has been strong in 1998, keeping slightly ahead of 1997. Through the third quarter, 556 construction permits were iss...

63. Archived Article: Church Rd. Warehouse Lj - lj 10/5 cates Southaven becoming hot spot for warehouse development By LAURIE JOHNSON The Daily News The "next big thing" in distribution development may be shaping up in Southaven, Miss., with construction underway on one speculative ware...

64. Archived Article: Church Rd. Warehouse Lj - lj 10/5 cates Southaven becoming hot spot for warehouse development Feb. 18, 1997 -- The ìnext big thingî in distribution development may be shaping up in Southaven, Miss., with construction underway on one speculative warehouse project...

65. Archived Article: Loeb Realty Chg - By CAMILLE H Commercial real estate sales show area economy is strong Local investors purchase Lipscomb & Pitts building on Union Avenue Extended By CAMILLE H. GAMBLE The Daily News Several commercial buildings in Memphis sold during December, a...

66. Archived Article: Varco Pruden Lj - lj 10/5 cates Work begins on Varco-Prudens new $5 million home base By LAURIE JOHNSON The Daily News Although the official groundbreaking took place almost a month ago, last week bulldozers actually began rolling on Varco-Pruden Buildings new $5 mil...

67. Archived Article: 5350 Poplar Chg - By CAMILLE H. GAMBLE East office building reopens after facelift By CAMILLE H. GAMBLE The Daily News The office building at 5350 Poplar Ave., formerly the Sedgewick James building, will reopen Thursday after a $3.6 million renovation which started i...

68. Archived Article: Industrial Chg - 04-26 chg industrial Southern Fabricators constructs $1 million addition to its facility By CAMILLE H. GAMBLE The Daily News In the industrial and manufacturing market in Shelby County, there were four construction projects started during the first ...

69. Archived Article: Officeind Chg - 4-3 chg INDUST./OFFICE Trend sees offices moving into industrial-type space BY CAMILLE H. GAMBLE The Daily News Some of the industrial and office space in the Memphis area is becoming one and the same, according to a recent report released by Commer...