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Editorial Results (free)

1. MATA Prepares Case for $30M Increase To Fund Bus System Improvements -

Probably by the end of the summer, a group pushing for $30 million in additional funds for the Memphis Area Transit Authority will be making the case to the public to raise that dedicated source of funding.

2. Kageyama Challenges Citizens to Create ‘Lovable’ City -

Do you love your city? That was author Peter Kageyama’s opening question Thursday, April 27, to his audience at the second annual RegionSmart Summit, hosted by the Mid-South Mayors’ Council.

3. Last Word: Election Day, Game 6 and School Vouchers Get Rolled -

Intermission in the NBA playoffs as tipoff of Game 6 approaches Thursday evening at the Forum. Look at all of the clouds as the lights dimming and letting you know it’s time to take your seats for the show that is reigniting the local passion for basketball.

4. Germantown Village Square Sells for $29.3 Million -

7670 Poplar Ave.
Germantown, TN 38138

Sale Amount: $29.3 million

Sale Date: April 24, 2017 

Buyer: PEBB Enterprises

5. Activist Investor Gets 2 Fred’s Board Seats -

The yellow sign near the corner of Summer Avenue and White Station reads: Fred’s Pharmacy. It’s a physical representation of the Memphis-based discount retailer repositioning itself away from its retail legacy and doubling down on its health care-related and pharmacy offerings.

6. City of Memphis Budget Could Face Bumpy Road -

Memphis City Council budget hearings begin Tuesday, May 2, at City Hall starting with Mayor Jim Strickland’s $77.8 million capital budget proposal for one-time spending on construction projects and similar expenses that are normally financed with bonds.

7. Last Word: Popovich's Tip, Strickland's Budget and Haslam's Jump Start on Roads -

Game 5 goes to the Spurs in San Antonio 116-103 over the Grizz who are back here Thursday. Spurs coach Gregg Popovich is not effusive in his comments to the media, which is fun to watch, but it does make tracking down and veryifying this next story a bit difficult. A credit card receipt showed up on Redditt that appears to show Popovich left a $5,000 tip on an $815.73 bill at McEwen’s Friday night between the two Memphis-based playoff games.

8. Strickland Delivers $680 Million Operating Budget to Council -

Memphis Mayor Jim Strickland delivered a $680 million city government operating budget proposal to the Memphis City Council Tuesday, April 25, with no property tax increase and no use of city reserves to balance it.

9. Neighborhood Preservation Awards $10K to MLK Prep -

Neighborhood Preservation Inc. has awarded Frayser Community Schools, the charter school company that operates Martin Luther King Jr. College Preparatory High School in Frayser, a $10,000 grant to improve the baseball field and other athletic and recreational facilities on the high school’s campus, 1530 Dellwood Ave.

10. Germantown Village Square Sells for $29.3 Million -

A Boyle Investment Co. real estate investment fund has sold Germantown Village Square to PEBB Enterprises, a private equity firm based in Boca Raton, Florida, for $29.3 million.

11. Boyle Investment Fund Sells Germantown Village Square for $29.3M -

A Boyle Investment Co. real estate investment fund has sold Germantown Village Square to PEBB Enterprises, a private equity firm based in Boca Raton, Florida, for $29.3 million.

12. Nearing 100 Days, Trump Says His Presidency is 'Different' -

WASHINGTON (AP) – For nearly 100 days, President Donald Trump has rattled Washington and been chastened by its institutions.

He's startled world leaders with his unpredictability and tough talk, but won their praise for a surprise strike on Syria.

13. Start Co. Teams Hit Key Business Milestones -

Six of Start Co.’s alumni teams have hit major business milestones recently.

The teams participated in the summer accelerator programs in 2013, 2014 and 2015 as well as participating in post-acceleration activities to continue to build their businesses.

14. Izakaya Ceasing Operations In Nineteenth Century Club -

Izakaya, the once-promising Asian fusion restaurant located in the recently renovated Nineteenth Century Club building, announced it will be closing for good just four months after its grand opening.

15. Southeast Memphis Office Sells for $8.3 Million -

A Nashville-based company has purchased its second Memphis office property in a week.

Priam Capital, doing business as 8700 Trail Lake LLC, bought the 60,000-square-foot Tournament Trails building in southeast Memphis from Tournament Trails Office Building I LLC for $8.3 million, according to a warranty deed filed with the Shelby County Register of Deeds Wednesday, April 17.

16. Third-Party Litigation Financing Grows Into Popular, High-Stakes Trend -

Two decades ago, commercial third-party litigation financing was as small and uncommon as to be “negligible,” in Charles Agee’s words. Maybe $100 million in such funding per year.

17. Target-Date Funds and Taxes -

Ray’s Take Target-date funds are mutual funds that contain a collection of other mutual funds that are designed to invest aggressively at the beginning and, over a long time horizon, move money into progressively more conservative holdings as the target date approaches.

18. EDGE Board Approves Two PILOTs, GMACW Merger -

The Economic Development Growth Engine for Memphis and Shelby County on Wednesday, April 19, granted tax abatements for a pair of companies with capital investment plans totaling $34 million and approved a resolution that allows the Greater Memphis Alliance for a Competitive Workforce to merge into EDGE.

19. Corker Sees Trump Foreign Policy Evolving, Not Moderating -

U.S. foreign policy should be to “keep the volume up” on North Korea’s progress in developing a nuclear capability and intercontinental ballistic missiles, says U.S. Sen. Bob Corker, “with the acknowledgement that what you could bring in is Russia, China, South Korea and Japan into a conflict.”

20. Southeast Memphis Office Sells for $8.3 Million -

A Nashville-based company has purchased its second Memphis office property in a week.

Priam Capital, doing business as 8700 Trail Lake LLC, bought the 60,000-square-foot Tournament Trails building in southeast Memphis from Tournament Trails Office Building I LLC for $8.3 million, according to a warranty deed filed with the Shelby County Register of Deeds Wednesday, April 17.

21. East Memphis Office Sells for $17 Million -

6055 Primacy Pkwy.
Memphis, TN 38119

Sale Amount: $17 million 

Sale Date: April 11, 2017

22. Memphis Office Market Off to Good Start -

Though small to mid-sized leases comprised the majority of leasing activity, the Memphis area office market got off to a healthy start in 2017, according to Cushman & Wakefield/Commercial Advisors’ first quarter Marketbeat report.

23. Izakaya Ceasing Operations In Nineteenth Century Club -

Izakaya, the once-promising Asian fusion restaurant located in the recently renovated Nineteenth Century Club building, announced it will be closing for good just four months after its grand opening.

24. Shelby County Commissioners Pledge to ‘Push It’ on Minority Business Contracts -

Shelby County commissioners took a hard line Monday, April 17, on increasing the share of county government contracts for minority and locally owned businesses now that it has a plan for tackling a documented disparity for such contracts.

25. Izakaya to Close Saturday -

Izakaya, the once-promising Asian fusion restaurant located in the recently renovated Nineteenth Century Club building, announced it will be closing for good just four months after their grand opening.

26. Nucor Steel, Rice Manufacturer Seek Memphis Incentives -

Two companies have filed applications with the Economic Development Growth Engine for Memphis and Shelby County for tax incentives that would allow them to expand operations in the Mid-South.

Nucor Steel Memphis and Ebrofrost North America are both seeking PILOTs (payment-in-lieu-of-taxes) that would result in a combined investment of $34 million and 31 net new jobs, according to their respective applications.

27. Memphis Basketball Adding More Junior College Players; Bill Self Mum on K.J. Lawson -

With only two returning scholarship players from last season’s team, University of Memphis basketball coach Tubby Smith continues to mine the junior college ranks for players he hopes can contribute immediately.

28. Arkansas' Multiple Execution Plan Appearing to Unravel -

LITTLE ROCK, Ark. (AP) – Arkansas' already compromised plan to execute eight men by the end of the month appeared to unravel Friday, with a judge blocking the use of a lethal injection drug and the state's highest court granting a stay to one of the first inmates who had been scheduled to die.

29. Oden to Rehab Building Downtown for New HQ -

The Center City Revenue Finance Corp. has approved an eight-year PILOT (payment-in-lieu-of-taxes) for Oden & Associates Inc., a locally owned marketing firm, to turn a vacant 77-year-old warehouse two blocks from the FedExForum into its headquarters.

30. Airport Releases New Strategic Overview -

The Memphis-Shelby County Airport Authority released a new Strategic Overview for the next five years, which serves as a comprehensive plan to implement improvements in all airport operations.

The Strategic Overview, which was last updated in 2015, is broken down into nine categories: physical/terminal, environment, properties/cargo, airfield, communications and reputation, air service, business model/finance, human capital management, and general aviation – each with its own one-, three- and five-year goals.

31. Memphis City Council OKs Sale of Sheraton Hotel -

The Memphis City Council on Tuesday, April 11, approved Host Hotels & Resorts LP’s $67 million sale of the Sheraton Memphis Downtown convention center hotel to LMS Real Estate Investment Management LLC, a newly formed joint venture between Schulte Hospitality Group and Starwood Capital Group.

32. Commission Moves Closer to Budget Season -

Shelby County commissioners aren’t at budget season just yet, but there are already indications that it is going to be about capital spending.

Commissioners already have a detailed look at what Shelby County Schools will be looking for in the way of funding. And the commission will vote Monday, April 17, on a change in plans for a proposed $120 million refinancing of the county’s capital bond debt.

33. Lack of New Homes is Missing Piece to Memphis' Housing Puzzle -

There is a lot to like about the Memphis housing market right now. With home sales up 13 percent and average sale prices up 5 percent through the first quarter of 2017, things are finally looking up for one of the hardest-hit cities in the nation during last decade’s housing crisis.

34. Primacy II Office Building Sells for $16.6 Million -

Primacy II, a 123,265-square-foot East Memphis office building at 6055 Primacy Parkway, has sold to Nashville-based Priam Capital for $16.6 million.

35. East Memphis Office Sells for $17M -

Primacy II, a 123,265-square-foot East Memphis office building, has a new owner thanks to a huge $17 million deal.

Nashville-based Priam Capital purchased the office building located at 6055 Primacy Parkway near the intersection Ridgway Road and Park Avenue from The Southland Companies for $16.6 million, according to a warranty deed filed with the Shelby County Register of Deeds April 11.

36. 100 N. Main Foreclosure Sale Delayed Sixth Time to April 26 -

On a warm Wednesday at high noon, attorney Billy Moss stood on the steps of the Judge D'Army Bailey Courthouse and announced the sale of Memphis' tallest building would be postponed for the sixth, but supposedly last time.

37. Council OKs Sheraton Sale, Weighs Trash Pickup Changes -

The Memphis City Council on Tuesday, April 11, approved Host Hotels & Resorts LP’s $67 million sale of the Sheraton Memphis Downtown convention center hotel to LMS Real Estate Investment Management LLC, a newly formed joint venture between Schulte Hospitality Group and Starwood Capital Group.

38. Mystery of City’s Tallest Building Continues -

On a warm Wednesday at high noon, attorney Billy Moss stood on the steps of the Judge D'Army Bailey Courthouse and announced the sale of Memphis' tallest building would be postponed for the sixth, but supposedly last time.

39. CCRFC OKs Sheraton Deal, Incentive for Oden HQ -

The sale of the 600-room Sheraton Memphis Downtown took a step forward Tuesday, April 11.

The Center City Revenue Finance Corp. unanimously approved a request to reassign an existing payment-in-lieu-of-taxes incentive for the hotel, 250 N. Main St., to a joint venture between Louisville, Kentucky-based Schulte Hospitality Group and Starwood Capital Group.

40. Toyota Announces $1.33 Billion Investment in Kentucky Plant -

LOUISVILLE, Ky. (AP) – Toyota said Monday it is investing $1.33 billion to retool its sprawling factory in Georgetown, Kentucky, where the company's flagship Camry sedans are built.

No new factory jobs are being added, but Toyota says the upgrades amount to the biggest single investment ever at one of its existing plants in the United States. The retooling also will sustain the existing 8,200 jobs at Toyota's largest plant, where about one-fourth of all Toyota vehicles produced in North America are made, the automaker said.

41. Upsetting the Category -

After years of battling over market share and swapping customers back and forth, many companies lose perspective of their market. They know their market too well, ironically, which cripples their vision of new ways their categories could potentially grow or be disrupted. 

42. Council Faces Beale Street, Parking Decisions -

Memphis City Council members have an agenda full of hot spots Tuesday, April 11. They vote on a move to abolish the Beale Street Tourism Development Authority, check to see if both sides paying for a Memphis Zoo parking solution in Overton Park are on the same page and take a final vote to change on-street parking around FedExForum and The Orpheum Theatre to a flat fee of $10 for “special events.”

43. Oden to Rehab Building Downtown for New HQ -

Plans to breathe new life into a vacant 77-year-old warehouse two blocks from the FedExForum have been submitted by Oden & Associates Inc., a locally owned marketing firm looking to relocate its headquarters.

44. FTN Financial Completes Acquisition of Houston Firm -

FTN Financial, the capital markets division of First Tennessee Bank, has completed its acquisition of Houston-based Coastal Securities Inc., a leader in the trading, securitization and analysis of Small Business Administration loans.

45. Airport Releases New Strategic Overview -

The Memphis-Shelby County Airport Authority released a new Strategic Overview for the next five years, which serves as a comprehensive plan to implement improvements in all airport operations.

The Strategic Overview, which was last updated in 2015, is broken down into nine categories: physical/terminal, environment, properties/cargo, airfield, communications and reputation, air service, business model/finance, human capital management, and general aviation – each with its own one-, three- and five-year goals.

46. “Gateway’ Puzzle Begins To Come Together -

Starting last summer, a new ownership group for the city’s largest hotel by room count was undertaking its due diligence largely out of the public eye.

There were some rumblings about the Sheraton Memphis Downtown changing hands three years after a renovation of the 600-room hotel attached to the Memphis Cook Convention Center.

47. Accelerator Programs Keep Memphis Starting Up -

The mantra is “never stop starting.” The constituency it applies to is entrepreneurs in Memphis and those who come here flush with ideas and creativity. And for Memphis’ startup community – from the sixth floor of Start Co.’s 88 Union Ave. hive of activity to the Memphis Bioworks Foundation and points in between – that exhortation to “never stop” is as much a rallying cry as it is a marker highlighting one of the more dynamic and fledgling sectors of the city’s economy.

48. Editorial: Accelerators, Startups And the Fear of Failure -

Opening a business isn’t easy; keeping it open is even more difficult. The extensive education and mentoring available from startup accelerators and incubators helps prepare entrepreneurs for success, but the prep work must end at a certain point. And then the accelerator alumni – like all small-business owners – discover whether their venture will fall or fly.

49. Starting Up -

Scott Vogel is part of a small but scrappy band of entrepreneurs in Memphis focused on building and launching startups. Some have come here from around the country to participate in any of the area’s startup accelerators. They’ve founded everything from innovative medical devices to enterprises built around new twists on old challenges.

50. City's Largest Hotel Changes Hands In Latest 'Gateway' Puzzle Piece -

The largest hotel in the city by room count is changing hands in what is a key part of the city’s effort to remake the Memphis Cook Convention Center as a part of a larger “Gateway project” in the general convention center area.

51. Marketing Firm to Rehab Vacant Downtown Building for New HQ -

Plans to breathe new life into a vacant 77-year-old warehouse two blocks from the FedExForum have been submitted by Oden & Associates Inc., a locally owned marketing firm looking to relocate its headquarters.

52. Last Fed Meeting's Minutes Show Talk of Paring Bond Holdings -

WASHINGTON (AP) – Federal Reserve officials last month discussed the possibility of reducing their enormous portfolio of bond holdings later this year, sooner than many investors have been expecting.

53. Growth Funds for Tax Efficiency -

Ray’s Take When it comes to real return, it’s not what you make, but what you keep after taxes and inflation that counts. 

Being mindful of taxes is more important than ever. Tax-efficiency in taxable portfolios is imperative, whether they’re pre-retirement accumulation accounts or retirement distribution portfolios. It’s incumbent upon investors to understand the tax implications for the various funds in their portfolios to plan the best strategy for their retirement.

54. Davis to Lead Next Phase of Development at Active Implants -

Ted Davis was happy to be able to stay in Memphis when he took over his newest leadership role as president and chief executive officer of medical device company Active Implants Corp.

55. Police Arrest 7 in Wake of St. Petersburg Subway Bombing -

ST. PETERSBURG, Russia (AP) — As part of a sweeping hunt for any accomplices of the St. Petersburg suicide bomber, investigators Wednesday rounded up seven suspected Islamic State recruiters from the Central Asia region of the former Soviet Union but found no immediate evidence of their involvement in the subway attack.

56. Death Toll in Syria Chemical Attack Rises to 86 -

BEIRUT (AP) — The Latest on the suspected chemical attack in Syria (all times local):

10:30 p.m.

A Syrian monitoring group says the death toll from a suspected chemical weapons attack on the northern town of Khan Sheikhoun has risen to 86.

57. Malco Moving Forward With Downtown Theater -

45 E. G.E. Patterson Ave.
Memphis, TN 38103 

Permit Amount: $5 million

Project Cost: $55 million

Application Date: March 2017

58. US Trade Deficit Drops Sharply to $43.6 Billion in February -

WASHINGTON (AP) – The U.S. trade deficit declined sharply in February as imports from China fell by a record amount and American exports rose for a third straight month.

The deficit fell to $43.6 billion in February, 9.6 percent below January's deficit of $48.2 billion, the Commerce Department reported Tuesday. Exports rose a tiny 0.2 percent to $192.9 billion. Imports dropped 1.8 percent to $236.4 billion as the flow of Chinese goods tumbled by $8.6 billion, led by a big drop in cell phone imports.

59. FTN Financial Completes Acquisition of Houston Firm -

FTN Financial, the capital markets division of First Tennessee Bank, has completed its acquisition of Houston-based Coastal Securities Inc., a leader in the trading, securitization and analysis of Small Business Administration loans.

60. Commission Debates Use of $20M Surplus -

The Shelby County Commission delayed a vote Monday, April 3, on a $120 million refinancing of the county’s capital bond debt for two weeks.

Commissioners are specifically eyeing a $20 million surplus in the county’s debt service fund – the fund that pays down the county’s debt.

61. FTN Financial Completes Acquisition of Houston Firm -

FTN Financial, the capital markets division of First Tennessee Bank, has completed its acquisition of Houston-based Coastal Securities Inc., a leader in the trading, securitization and analysis of Small Business Administration loans.

62. White House to Share Financial Information About Top Staff -

WASHINGTON (AP) – The White House says it will share financial information about some top staff members late Friday.

President Donald Trump, a billionaire New York businessman, has hired some of the wealthiest people to ever serve in government. The financial assets of roughly 180 senior officials must be detailed in documents accessible to the public, and the Trump administration is continuing President Barack Obama's tradition of providing a way to access those documents through the White House website.

63. Malco Moving Forward With Downtown Theater -

Malco Theatre’s multimillion-dollar Downtown movie theater has taken another step toward completion.

A $5 million building permit application for the foundation of a new seven-screen movie theater was filed with the city-county Office of Construction Code Enforcement.

64. EDGE's ICED Loan Program Gives Small-Business Owners a Hand Up -

Camy Archer had built a loyal following of customers at her eponymous Midtown restaurant over the course of two decades and business was good.

But when her landlord struck a deal with another tenant in 2015, she was suddenly scrambling to find a new home for her business before she ended up losing everything she worked so hard to create.

65. Malco Moving Forward With Downtown Theater -

Malco Theatre’s multimillion-dollar Downtown movie theater has taken another step toward completion.

A $5 million building permit application for the foundation of a new seven-screen movie theater was filed with the city-county Office of Construction Code Enforcement.

66. Penn National Gaming to Buy 2 Tunica Casinos for $44M -

1450 Bally Blvd.
Robinsonville, MS 38664 

Sale Amount: $44 million

Sale Date: March 28, 2017

67. Penn National Gaming to Buy 2 Tunica Casinos for $44M -

A Pennsylvania-based gaming company is planning to add to its Tunica-area holdings by buying the gaming operations of Bally’s Casino Tunica and Resorts Casino Tunica.

Penn National Gaming Inc. announced Tuesday, March 28, it has entered into a definitive agreement to acquire RIH Acquisitions MS I LLC and RIH Acquisitions MS II LLC, the holding companies for the two casinos, for approximately $44 million in cash. The transaction, which is expected to close in the second quarter of 2017, still has to be approved by the Mississippi Gaming Commission.

68. Yellen: Banks Play Vital Economic Role in Poor Communities -

WASHINGTON (AP) – Federal Reserve Chair Janet Yellen said Tuesday that U.S. banks must do all they can to promote economic development in low-income areas where high unemployment has persisted despite the overall job market's significant gains.

69. Justices Won't Hear Appeal in Music Copyright Dispute -

WASHINGTON (AP) – The Supreme Court won't hear an appeal from record companies that want to pursue copyright infringement claims against music site Vimeo for hosting unauthorized recordings from the Beatles, Elvis Presley and other classic artists.

70. Editorial: Ag Innovation Breaks Stereotypes, Boundaries -

You’ve heard the saying “this isn’t your parents’ fill-in-the-blank.” A better version for agricultural innovation might be “this is not your son’s idea of innovation” – which has a couple of stereotypes.

71. Genetic Code -

While the anachronistic farmer trope may be a common pop-culture perception, these stewards of the land have in fact been on the cutting edge of technology for thousands of years.

And every milestone since the Neolithic period, from the first plows to today’s automated tractors, has allowed farmers to increase their yields and support a perpetually growing population.

72. Last Word: Veep Visit, Women and Baseball and Civil Rights Cold Cases -

Game time at FedExForum for the NCAA South semifinals and Vice President Mike Pence is expected to be here to cheer on the Butler Bulldogs. The Butler mascot – a live bulldog – was already in town Thursday making the rounds. I think March Madness requires that all involved up their mascot game if they get this far. So UCLA, we expect to see a live bear roaming Beale Street. You might be able to work a deal with the zoo on this. But if there’s a cost split make sure you nail down those percentages.

73. Trump's SEC Pick, an Ex-Goldman Lawyer, to Face Skepticism -

WASHINGTON (AP) – Goldman Sachs may be about to get another friend in Washington.

Jay Clayton, a well-connected Wall Street lawyer who is President Donald Trump's pick to lead the Securities and Exchange Commission, is sure to face sharp questions from Democrats at his confirmation hearing Thursday over his years of work for Goldman and other financial giants.

74. Greensward Compromise Unravels Over Who Pays What and When -

A Memphis Zoo parking plan appears to be in question after a Tuesday, March 21, city council committee session in which Memphis Zoo leaders said they will not put up half of the $500,000 to pay for planning and design work on the reconfigured and expanded zoo parking lot.

75. List of the 138 JC Penney Stores That are Closing -

J.C. Penney on Friday released a list of the 138 locations that will close in the coming months as part of its plan to cut costs. Most are located within malls or shopping centers. Liquidation sales will start at the closing stores on April 17, and most stores will be shut by mid-June, the company said.

76. Portfolio Featuring Highland Row for Sale -

A 13-property portfolio that includes the Highland Row mixed-use development near the University of Memphis has been put on the market for sale or recapitalization by CBRE Group Inc. on behalf of Indianapolis-based Milhaus.

77. Grizzlies Updating FedExForum With Fans’ Enjoyment in Mind -

Every NBA offseason brings questions about the roster for the next season. But regardless of on-court changes for the Grizzlies’ 2017-18 season, FedExForum will be improved with multimillion-dollar upgrades highlighted by a new high-definition scoreboard roughly four times the size of the current board.

78. Verso Corp. Reports Drop in Q4 Sales -

Memphis-based Verso Paper reported a 15 percent drop in net sales for the fourth quarter of 2016 compared to the fourth quarter of 2015.

The earnings numbers reported Wednesday, March 15, include net sales of $646 million compared with $756 million a year ago.

79. Verso Reports Drop in Q4 Sales Ahead of Memphis Exit -

Memphis-based Verso Paper reported a 15 percent drop in net sales for the fourth quarter of 2016 compared to the fourth quarter of 2015.

The earnings numbers reported Wednesday, March 15, include net sales of $646 million compared with $756 million a year ago.

80. Hickory Hill Home Depot Site Sells for $15 Million -

3469 Riverdale Road
Memphis, TN 38115 

Sale Amount: $15.7 million

Sale Date: March 3, 2017

Buyer: Spirit Realty Capital

81. Dean Brings Business Focus to Nonprofit Alliance as Interim CEO -

In 1995 when Nancy McGee became executive director of what is now known as the Alliance for Nonprofit Excellence, it was just a small grant-writing center. It grew into a holistic nonprofit support organization that offers management services to more than 200 members.

82. Portfolio Featuring Highland Row Development Up for Sale -

A 13-property portfolio that includes the Highland Row mixed-use development near the University of Memphis has been put on the market for sale or recapitalization by CBRE Group Inc. on behalf of Indianapolis-based Milhaus.

83. Hickory Hill Home Depot Site Sells for $15 Million -

A Dallas, Texas-based real estate investment trust has purchased a large parcel of land where a Home Depot is located in Hickory Hill for $15.7 million.

Spirit Realty Capital, doing business as Spirit Master Funding X LLC, bought the property from Allied Development of Memphis, according to a March 3 warranty deed filed with the Shelby County Register of Deeds. Mehrdad Mottahedeh signed the deed on behalf of Allied Development.

84. Tapping Young Donors -

Amelia Thompson is everything a nonprofit is looking for now and in the future. A 30-year-old Memphian who graduated White Station High School, she has worked with a nonprofit in Washington, D.C. and been a buyer for Macy’s in New York.

85. Land Use Control Board Nixes Downtown Street Closure -

A developer’s plan to close a Downtown street was shot down by the Land Use Control Board on Thursday, March 9.

The applicant, ECG Acquisitions, wanted to close and vacate a portion of Pontotoc Avenue between Turley Street and Danny Thomas Boulevard to create a cohesive multifamily development that spans five parcels north and south of Pontotoc.

86. Keep Your Finances on Track -

Ray’s Take Not being careful about precisely where your money is going can leave you struggling to pay for necessities like groceries now and retirement later. Taking just a small amount of time to do some tasks now can lead to big financial wins all year long – and into the future.

87. Hickory Hill Home Depot Site Sells for $15 Million -

A Dallas, Texas-based real estate investment trust has purchased a large parcel of land where a Home Depot is located in Hickory Hill for $15.7 million.

Spirit Realty Capital, doing business as Spirit Master Funding X LLC, bought the property from Allied Development of Memphis, according to a March 3 warranty deed filed with the Shelby County Register of Deeds. Mehrdad Mottahedeh signed the deed on behalf of Allied Development.

88. View From the Hill: Outsourcing Win More About Turf Than Trends -

As Fall Creek Falls folks celebrate a state decision to postpone park privatization, the question is whether public opposition or failure to follow long-standing state protocol led to the plug-pulling.

89. US Trade Deficit Jumps to 5-Year High of $48.5 Billion -

WASHINGTON (AP) – The U.S. trade deficit jumped in January to the highest level in nearly five years as a flood of mobile phones and other consumer products widened America's trade gap with China. The result underscores the challenges facing President Donald Trump in fulfilling a campaign pledge to reduce America's trade deficits.

90. Last Word: Who Needs To Be Watched, Hopdoddy and Fresh Fed Numbers -

Three Memphis City Council members on Behind The Headlines had quite a bit to say about protesters and lists and police surveillance. Council chairman Berlin Boyd and council members Kemp Conrad and Worth Morgan all say the surveillance question, which is the central issue now that the City Hall list has been pared significantly, is complex because of public postings and protests in public places.

91. Two Highlights From the Back End of Innovation -

“A Systems Approach to Creating an Innovation Funding Board,” Craig Wirkus, Cisco. Cisco’s five-pillar strategy for innovation: Build, buy, partner, invent and co-develop.

92. More Help Needed for Poor in Mississippi -

With an estimated 22 percent of Mississippi residents living below the poverty line (the highest in the nation) and a disproportionate share of their income going to basic necessities, anti-poverty advocates and government agencies are working to make sure more resources are reaching the people that need them most.

93. Councilmen Draw Lines On Safety, Deannexation -

Attorneys for the city of Memphis have filed a motion to combine two federal court lawsuits over a City Hall surveillance list and have them brought before the same federal judge.

And U.S. District Judge Jon P. McCalla has granted the motion of the American Civil Liberties Union of Tennessee to intervene in the lawsuit on the plaintiff’s side.

94. Sedgwick Approved For $10.4 Million PILOT -

The Economic Development Growth Engine for Memphis and Shelby County approved Sedgwick Claims Management Services’ application for a $10.4 million tax abatement during a special session Friday, Feb. 24.

95. Ag Shark Tank Joins Memphis Farm & Gin Show -

The Memphis Farm & Gin Show opened its annual two-day stay at the Memphis Cook Convention Center Friday, March 3, with something new – a business “shark tank” of sorts amidst the towering farm machinery and other agriculture technology.

96. Airports, Legal Volunteers Prepare for New Trump Travel Ban -

SEATTLE (AP) – Airport officials and civil rights lawyers around the country are getting ready for President Donald Trump's new travel ban – mindful of the chaos that accompanied his initial executive order but hopeful the forthcoming version will be rolled out in a more orderly way.

97. Last Word: Building a Bigger Police Force, Old Desk Calendars and Summer School -

Since the Memphis Mayor’s race of 2015 became about how best to build a larger Memphis Police Department, the discussion has always had an element of controversy to it on a larger scale than a head count of who has a badge.

98. Sedgwick Approved For $10.4 Million PILOT -

The Economic Development Growth Engine for Memphis and Shelby County approved Sedgwick Claims Management Services’ application for a $10.4 million tax abatement during a special session Friday, Feb. 24.

99. JCPenney to Close as Many as 140 Stores Nationwide -

Retail giant JCPenney has announced it will close 130 to 140 stores – representing 13 to 14 percent of its current store portfolio – as well as two distribution facilities over the next few months.

100. Wilson Honored With Clarence Day Award -

Kemmons Wilson Cos. chairman Spence Wilson has been selected as the recipient of the Clarence Day Legacy Award at Youth Villages.

Wilson led Youth Villages’ first capital campaign in 1984, and has been actively volunteering in the community since then.