Editorial Results (free)
1.
Five Below Store Coming to Bartlett Towne Center -
Thursday, September 13, 2018
A store that’s hot in the market for selling “hot,’’ trendy products for $5 or less to teens and tweens is coming to Bartlett.
Five Below has signed a lease for 8,680 square feet in Bartlett Towne Center at the southeast corner of Stage and Bartlett Boulevard, according to the Memphis office of The Shopping Center Group.
2.
Some Tennessee Lawmakers Living the Life -
Thursday, September 13, 2018
Early in his U.S. Senate campaign, former governor Phil Bredesen shied away from talking about his opponent, Republican U.S. Rep. Marsha Blackburn, preferring to focus instead on ideas.
3.
Southbrook Developers Secure ‘Last Piece’ of Funding -
Friday, September 7, 2018
This fall, Southbrook Properties Inc. will put the finishing touches on turning the former mall into the new Southbrook Towne Center.
4.
Gordon, Never a Hurricane, Killed Child in Mobile Home -
Thursday, September 6, 2018
DAUPHIN ISLAND, Alabama (AP) — Tropical Storm Gordon never became a hurricane but it was deadly all the same, killing a child by blowing a tree onto a mobile home as it made landfall. The storm later weakened into a depression on Wednesday but remained dangerous, dumping rain, spawning tornadoes and kicking up heavy surf in its wake.
5.
EDGE Calls Special Meeting for Southbrook Mall Money -
Wednesday, September 5, 2018
The use of county funds to help revitalize the blighted Southbrook Mall property will bring members of the Economic Development Growth Engine (EDGE) together Thursday, Sept. 6, for a special called meeting.
6.
In New Orleans, A Regulation Reboot For Short-Term Rentals -
Tuesday, September 4, 2018
NEW ORLEANS (AP) — The sounds of a raucous pool party drift over a privacy fence amid brightly colored cottages that have become vacation rentals in New Orleans' Marigny neighborhood, and Allen Johnson laments the dwindling number of full-time neighbors.
7.
Bankruptcy Court Sentenced to Construction -
Saturday, September 1, 2018
The Downtown office tower that houses U.S. Bankruptcy Court for the Western District of Tennessee will soon be under construction.
Property owner G.P.T. Properties Trust applied for a $600,000 building permit for alterations at 200 Jefferson Ave.
8.
Chamber Seeks Site Improvement Grants for 9 Sites Including Firestone -
Tuesday, August 28, 2018
The Greater Memphis Chamber has applied for state improvement grants for nine economic development sites in Memphis as the first step in a “Sites and Buildings Plan.”
The list of Memphis sites includes the Firestone Tire & Rubber Co. plant site in North Memphis, which is one of eight applying via the chamber to be part of the Tennessee Site Evaluation Program.
9.
Bankruptcy Court Building to Undergo Construction -
Tuesday, August 28, 2018
The Downtown office tower that houses U.S. Bankruptcy Court for the Western District of Tennessee will soon be under construction.
Property owner G.P.T. Properties Trust applied for a $600,000 building permit for alterations at 200 Jefferson Ave.
10.
BOGARD Restaurant Drops Plans for Overton Square Site -
Wednesday, August 22, 2018
Plans to open an “upscale’’ but charitable restaurant called BOGARD in Overton Square have been suspended, with two of the partners citing their involvement with the transition team of incoming County Mayor Lee Harris as the reason.
11.
Fayetteville Residents Sell Parking to High School Students -
Monday, August 20, 2018
FAYETTEVILLE, Ark. (AP) — Enterprising neighbors may need to go through some hoops if they want to keep charging Fayetteville High School students to park on their property.
As a result of the chronic shortage in student parking, several properties are being used for off-site parking, with some converted into gravel parking lots, according to the notification the Planning Department sent to more than 50 homes. Two lots directly across from the school have about a dozen spots each.
12.
Fogelman Completes $67 Million in Acquisitions -
Saturday, August 18, 2018
In a joint venture partnership with Dallas-based Thackeray Partners, Memphis-based Fogelman Properties completed $67 million in acquisitions this month with the purchase of Legends at Charleston Park (in Charleston, South Carolina) and Westridge (in Jacksonville, Florida).
13.
Poag Shopping Centers Sharpening Focus with Smith’s Promotion -
Saturday, August 18, 2018
Now in its sixth year, Poag Shopping Centers is fine-tuning its operations strategy in response to a slowing retail development landscape over the past couple of years.
The company, led by president and CEO Joshua Poag, recently promoted Brian Smith to chief strategy officer to lead that process.
14.
Firestone Fallout -
Saturday, August 18, 2018
The red letters grow fainter as the years pass in North Memphis. The Firestone Tire & Rubber Co. plant’s smokestack, once a symbol of the industrial base that defined North Memphis, has become a different kind of symbol in the 35 years since the tire plant closed.
15.
Why Local One Commerce Square Owners Are Selling to Out-of-State Investors -
Wednesday, August 15, 2018
After successfully renovating the 29-story iBank Tower in Downtown Memphis, the work is done for a group of prominent Memphis investors as they prepare to sell the office building to a new owner with deeper pockets.
16.
Historic District Compromise Tabled Over State 'Threats' -
Wednesday, August 15, 2018
After months of discussions, compromises and amendments, the city council member sponsoring an ordinance giving the council more oversight of the local Landmarks Commission tabled the measure on third and final reading.
17.
Historic District Compromise Tabled Over State 'Threats' -
Wednesday, August 15, 2018
After months of discussions, compromises and amendments, the city council member sponsoring an ordinance giving the council more oversight of the local Landmarks Commission tabled the measure on third and final reading.
18.
Historic District Compromise Tabled Over State 'Threats' -
Wednesday, August 15, 2018
After months of discussions, compromises and amendments, the city council member sponsoring an ordinance giving the council more oversight of the local Landmarks Commission tabled the measure on third and final reading.
19.
Fogelman Completes $67M in Acquisitions -
Wednesday, August 15, 2018
In a joint venture partnership with Dallas-based Thackeray Partners, Memphis-based Fogelman Properties completed $67 million in acquisitions this month with the purchase of Legends at Charleston Park (in Charleston, South Carolina) and Westridge (in Jacksonville, Florida).
20.
UK Police Treat Parliament Crash as Terrorism; Seek Motive -
Wednesday, August 15, 2018
LONDON (AP) — Police flooded central London streets and cordoned off the city's government district Tuesday, after a speeding car plowed into cyclists and crashed outside Parliament in what authorities were treating as an act of terrorism.
21.
As Expected, Study Shows Memphis Lags Behind Peer Cities in Economic Development -
Friday, August 10, 2018
Greater Memphis Chamber leaders say they’re moving aggressively to improve economic development efforts after a new study confirmed what they already suspected: that Memphis and Shelby County are at a serious competitive disadvantage to a number of peer communities.
22.
Longtime Tenants Buy Clark Centre for $11M -
Saturday, August 11, 2018
Two identical buildings at 5100 and 5101 Wheelis Drive in East Memphis were purchased by a group of longtime tenants for $11 million.
23.
Home Sales Volume Rises 8 Percent From Last July -
Saturday, August 11, 2018
The average home sale price for July was $186,292, up 7 percent from July 2017 when the average price was $173,610, according to new data from Chandler Reports, a division of The Daily News Publishing Co.
24.
Large Subdivision Planned In De-annexed Area -
Saturday, August 11, 2018
With plans submitted for a nearly 400-home subdivision, the city of Memphis could be missing out on more tax revenue than it originally anticipated when it recently de-annexed an area of Eads.
PFMT Holdings, a Tennessee limited liability company, is planning a 398-home subdivision on 130 acres at the southeast corner of Highway 64 and Cobb Road.
25.
U of M-Area Apartments Sold to Japanese Investor -
Saturday, August 11, 2018
A Los Angeles-based company that owns University of Memphis-area apartments has sold its property to a Tokyo-based buyer, according to the Shelby County Register of Deeds.
Win Win Properties LLC sold the apartments at 3380 Spottswood Ave. to Masayuki Tsukada for $2.1 million on Aug. 7.
26.
University-Area Apartments Sold to Japanese Investor -
Friday, August 10, 2018
A Los Angeles-based company that owns University of Memphis-area apartments has sold its property to a Tokyo-based buyer, according to the Shelby County Register of Deeds.
Win Win Properties LLC sold the apartments at 3380 Spottswood Ave. to Masayuki Tsukada for $2.1 million on Aug. 7.
27.
Home Sales Volume Up 8 Percent From Last July -
Thursday, August 9, 2018
The average home sale price for July was $186,292, up 7 percent from July 2017 when the average price was $173,610, according to new data from Chandler Reports, a division of The Daily News Publishing Co.
28.
Large Subdivision Planned In De-annexed Area -
Thursday, August 9, 2018
With plans submitted for a nearly 400-home subdivision, the city of Memphis could be missing out on more tax revenue than it originally anticipated when it recently de-annexed an area of Eads.
PFMT Holdings, a Tennessee limited liability company, is planning a 398-home subdivision on 130 acres at the southeast corner of Highway 64 and Cobb Road.
29.
Loeb Presents Renderings of New Hotel Proposed for Overton Square -
Tuesday, August 7, 2018
New renderings were released Tuesday of an Overton Square hotel tall enough – at seven stories – for rooftop bar patrons to see much of Midtown, including Overton Park six blocks to the north.
30.
Last Word: Cops Stay Put, Day One at SCS and Barry Gibb Comes To Town -
Tuesday, August 7, 2018
Memphis Police are staying put in their recent move to 170 North Main from the CJC. There has been some question about the former state office building the city bought possibly becoming the site of a second convention center hotel. And that’s where this gets complex.
31.
Longtime Tenants Buy Clark Centre for $11M -
Tuesday, August 7, 2018
Two identical buildings at 5100 and 5101 Wheelis Drive in East Memphis were purchased by a group of longtime tenants for $11 million.
32.
MCA Closing On a Dozen Properties Near Park -
Tuesday, August 7, 2018
Memphis College of Art has either sold or accepted offers on all 12 of the properties it owns just south of Poplar Avenue and Overton Park where the school is headquartered.
The financially strapped college is disposing of its apartment buildings, single-family homes, office and studio/class space, and dormitories in preparation for closing by spring 2020.
33.
College of Art Closing on a Dozen Properties it is Selling Near Overton Park Site -
Friday, August 3, 2018
Editor's Note: An earlier version of this story indicated the Womack House at 152 N. Tucker was sold. The transaction was for an easement, not the entire property.
Memphis College of Art has either sold or accepted offers on all 12 of the properties it owns just south of Poplar Avenue and Overton Park where the school is headquartered.
34.
Commercial Appeal, Amazon Eying New Locations -
Monday, August 6, 2018
262 Danny Thomas Place
Memphis, TN 38105
Permit Amount: $412 million
Project Cost: $330 million
35.
Commercial Appeal Looking at New Spot Downtown -
Thursday, August 2, 2018
The Commercial Appeal building was a nexus of local news coverage for Memphis and the Mid-South for nearly a half-century, but The CA won’t be operating out of its 495 Union Ave. location for the first time since the Ford Administration.
36.
The CA Looking at New Spot Downtown -
Thursday, August 2, 2018
The Commercial Appeal building was a nexus of local news coverage for Memphis and the Mid-South for nearly a half-century, but The CA won’t be operating out of its 495 Union Ave. location for the first time since the Ford Administration.
37.
Nashville Public Housing Authority Won't Enforce Smoking Ban -
Thursday, August 2, 2018
NASHVILLE (AP) — One Tennessee city says it won't enforce the new national ban on smoking in public housing.
Public housing residents in Nashville recently signed leases that prohibited smoking. But Metropolitan Development and Housing Agency spokeswoman Jamie Berry tells WPLN-FM the housing authority will tack on a grandfathering addendum that lets current tenants smoke.
38.
Southwind LA Fitness Sold for $10.7 Million -
Wednesday, August 1, 2018
Phoenix-based VEREIT Inc. purchased the LA Fitness at 7630 Polo Grounds Blvd. on July 30 from Barclay Holdings XII LLC for $10.7 million, according to the Shelby County Register of Deeds.
39.
Senate votes to extend flood insurance program -
Wednesday, August 1, 2018
WASHINGTON (AP) — The Senate voted Tuesday to extend for four months the program that provides flood insurance for nearly 5 million homeowners and business owners.
The bill's passage by an 86-12 vote averts a scenario in which people living in coastal communities would have been unable to renew their flood insurance policies or purchase new ones during the peak of hurricane season.
40.
University of Memphis, Slider Inn Projects Move Forward -
Monday, July 30, 2018
1115 E. Getwell Loop St., Memphis, TN 38152 - Turner Construction Co. is beginning the first phase of a $10.6 million expansion and renovation of the University of Memphis’ athletic training facility on its Park Avenue campus.
41.
New Gym Opening In East Memphis -
Saturday, July 28, 2018
SHED Fitness has signed a lease to occupy 4,055 square feet at 1215 Ridgeway Road.
Marcus Esposito and Maureen Shorter Esposito, the local franchise owners, are currently building out their Park Place location, which is expected to open in August.
42.
New Gym Opening In East Memphis -
Friday, July 27, 2018
SHED Fitness has signed a lease to occupy 4,055 square feet at 1215 Ridgeway Road.
Marcus Esposito and Maureen Shorter Esposito, the local franchise owners, are currently building out their Park Place location, which is expected to open in August.
43.
Young Gun -
Thursday, July 26, 2018
While most people were still taking general education classes in college or just trying to figure out their place in the world, Cameron Ellis was investing in real estate.
44.
Young Gun -
Thursday, July 26, 2018
While most people were still taking general education classes in college or just trying to figure out their place in the world, Cameron Ellis was investing in real estate.
45.
Last Word: T.O. Jones, One Beale's Launch and De-Annexation in Trouble -
Wednesday, July 25, 2018
You might call it the final act of the MLK 50 observances around our city this year. With very little fanfare at the start of Tuesday’s city council session, the council honored T.O. Jones, the leader of the union representing city sanitation workers and the leader of the 1968 strike by those workers. Jones was a pivotal figure in the strike who soon after lost his position with the local union in the internal politics of AFSCME as the local became a powerful political symbol.
46.
Carlisle to Partner with Highwoods, Hyatt on One Beale -
Tuesday, July 24, 2018
For more than a decade the Carlisle family’s dream of their One Beale development becoming a reality always seemed just out of reach.
But when a visibly emotional Chance Carlisle finally announced Tuesday, July 24, that the on-again, off-again project first envisioned by his late father would finally break ground in January, that dream seemed as close to reality as it ever has.
47.
Council Gets First Look at Sanitation Overhaul -
Tuesday, July 24, 2018
Memphis City Council members offer their first thoughts Tuesday, July 23, on the reconfiguration of city sanitation services outlined last week by Memphis Mayor Jim Strickland.
48.
Germantown Retail Center Sells for $13M, Orion Files Permit for New HQ -
Monday, July 23, 2018
1245 N. Germantown Parkway,
Cordova, TN 38016
Sale Amount: $12.6 million
49.
Affordable Housing Management Firm Buys Two Memphis Apartment Complexes -
Monday, July 23, 2018
One of the fastest-growing affordable housing property management companies in the U.S. has entered Tennessee with the purchase of two Memphis apartment properties.
Denver-based Monroe Group bought the 150-unit Keystone Landing Apartments, located at 4266 Ridgestone Drive in Raleigh, from Keystone Landing Apartments LLC for $6.5 million. It purchased the 120-unit Pendleton Apartments, located at 1764 Pendleton St. near Cherokee Park, from Pendleton Apartments LLC for $6 million.
50.
Faropoint Sells G'town Retail Center for $13M -
Saturday, July 21, 2018
Faropoint Ventures, doing business as Germantown Square Retail LLC, has sold a 142,000-square-foot retail building to Florida investor Nash Fields LLC for $12.6 million.
51.
July 20-26, 2018: This week in Memphis history -
Saturday, July 21, 2018
2012: Loeb Properties Inc. of Memphis closed on its $7 million acquisition of eight acres of the Overton Square entertainment district from Denver-based Overton Square Investors LLC.
52.
Growing Number of Small-Scale Investors Looking Toward Infill Projects -
Saturday, July 21, 2018
Eduardo Sanchez Borja, a local entrepreneur who recently ventured into the world of small-scale development, describes owning commercial property as a unique feeling.
“There is something very satisfying about owning something of value,” Sanchez said. “With commercial property, you can see how your property affects your community and moves along the economy.”
53.
Comcast Drops Fox Bid, Paving Way for Sale to Disney -
Friday, July 20, 2018
NEW YORK (AP) – Comcast is dropping its bid for Fox's entertainment businesses, paving the way for Disney to boost its upcoming streaming service by buying the studios behind "The Simpsons" and X-Men.
54.
Highwoods Pulls Permit For Triad Centre Upgrades -
Thursday, July 19, 2018
North Carolina-based Highwoods Properties has filed a $2 million building permit application for some interior changes at East Memphis’ Triad Centre II building. The application for alterations to the first and third floors lists Highwoods as the owner and Bank of America as the tenant.
55.
Shrinking Inventory Keeps Home Prices Climbing -
Tuesday, July 17, 2018
Limited lot space, lack of lumber and a labor shortage are just a few of the reasons behind increasing home sales prices in Shelby County.
In June, the average home sales price was $192,514, an 8 percent increase from $178,655 a year ago, according to real estate information company Chandler Reports, chandlerreports.com.
56.
Faropoint Sells Germantown Retail Center for $13M -
Monday, July 16, 2018
Faropoint Ventures, doing business as Germantown Square Retail LLC, has sold a 142,000-square-foot retail building to Florida investor Nash Fields LLC for $12.6 million.
57.
Amazon, Container Store Eye New Locations in Memphis -
Monday, July 16, 2018
5155 Citation Dr.
Memphis, TN 38118
Permit Amount: $10 million
Application Date: July 10
Owner: Exeter Property Group
Tenant: Amazon
58.
The Container Store Planning G’town Location -
Saturday, July 14, 2018
The Container Store, a national retail brand that specializes in storage and organizational products, is planning a Germantown location near Trader Joe’s.
The Texas-based chain applied for a sign variance from the Germantown Design Review Commission for a store that will be located at 2130 Exeter Road in the Germantown Collection Shopping Center. The commission was scheduled to consider the request Thursday night, July 12.
59.
Heat Wave -
Saturday, July 14, 2018
After what was a banner year in many ways for Memphis commercial real estate in 2017, projections for this year were bullish. But at the halfway point of 2018, have expectations in the area risen with the temperatures or have they begun to dry out under the sweltering summer heat?
60.
The Container Store Planning G’town Location -
Thursday, July 12, 2018
The Container Store, a national retail brand that specializes in storage and organizational products, is planning a Germantown location near Trader Joe’s.
The Texas-based chain is seeking a sign variance from the Germantown Design Review Commission for a store that will be located at 2130 Exeter Road in the Germantown Collection Shopping Center.
61.
The Container Store Planning Germantown Location -
Wednesday, July 11, 2018
The Container Store, a national retail brand that specializes in storage and organizational products, is planning a Germanton location near Trader Joe’s.
The Texas-based chain is seeking a sign variance from the Germantown Design Review Commission for a store that will be located at 2130 Exeter Rd. in the Germantown Collection Shopping Center.
62.
Bank of Bartlett Eyes An Expanded Footprint to Meet Consumer Demand -
Wednesday, July 11, 2018
Bank of Bartlett will soon consolidate its two Germantown branches into one enhanced location at Poplar and Kirby, and is eyeing Midtown and Arlington as areas for additional brick-and-mortar branches.
63.
Beale Hotel, South Main Mixed-Use Top Busy Week In Development -
Tuesday, July 10, 2018
It’s a busy week for the city of Memphis when it comes to economic development. The Downtown Memphis Commission has two of its affiliate boards, the Center City Revenue Finance Corp. and the Design Review Board, in action this week, while the Economic Development Growth Engine for Memphis and Shelby County is holding a meeting for its Economic Development Finance Committee.
64.
The Week Ahead: July 9-15 -
Monday, July 9, 2018
Good morning, Memphis! This week delivers a blast with some entertainment straight out of the '80s, plus your chance to tour a midcentury property in the midst of a restoration. Plus, we share what you need to know about early voting, I-240 closures, and plenty of other local happenings in The Week Ahead...
65.
Helping Hands -
Friday, July 6, 2018
Most mornings it’s not uncommon to see dozens of homeless Memphians lined up outside Hospitality Hub’s Downtown location, hoping to get selected for the nonprofit’s Work Local program, which offers $50 and a meal in exchange for five hours of work cleaning up around the city.
66.
Lake District’s Newest Tenant, New Medical District Apartments -
Monday, July 2, 2018
3536 Canada Road,
Lakeland, TN 38002
Tenant: Gould’s Salon and Spa
67.
Avison Young Brokers EnSafe Sale-Leaseback -
Saturday, June 30, 2018
Avison Young principals Shane Soefker and Jacob Biddle have negotiated the sale-leaseback of environmental consultancy firm EnSafe Inc.’s northeast Memphis headquarters.
68.
Taking Flight -
Saturday, June 30, 2018
In the past 20 years, there has been little to no new multifamily housing growth in Memphis outside of Downtown and Midtown.
So around this time last year, the Economic Development Growth Engine for Memphis and Shelby County, at the behest of both mayors, introduced a tax incentive designed to encourage a new wave of multifamily development with the hopes of growing Memphis’ stagnant population.
69.
Hot Housing Market: Now a ‘Great Time to Buy, Sell or Refinance’ -
Wednesday, June 27, 2018
The average home sales price in May was $192,883, a 14 percent increase from $169,540 a year ago, according to real estate information company Chandler Reports, chandlerreports.com.
70.
Avison Young Brokers EnSafe Sale-Leaseback -
Tuesday, June 26, 2018
Avison Young principals Shane Soefker and Jacob Biddle have negotiated the sale-leaseback of environmental consultancy firm EnSafe Inc.’s northeast Memphis headquarters.
71.
EdR to Be Acquired In $4.6 Billion Deal -
Tuesday, June 26, 2018
Memphis-based collegiate housing developer and manager EdR has entered into an agreement to be acquired by the newly formed, perpetual-life fund Greystar Student Housing Growth and Income Fund in a $4.6 billion all-cash transaction.
72.
U.S. new-home sales climbed 6.7 percent in May -
Tuesday, June 26, 2018
WASHINGTON (AP) — Sales of new U.S. homes jumped 6.7 percent in May, with purchases in the South accounting for all of the monthly gains.
The Commerce Department said Monday that new homes sold last month at a seasonally adjusted annual rate of 689,000, up from 646,000 in April. The South reported monthly sales growth of 17.9 percent, while sales were flat in the Midwest and fell in the Northeast and West.
73.
EdR to be Acquired in $4.6 Billion Deal -
Monday, June 25, 2018
Memphis-based collegiate housing developer and manager EdR has entered into an agreement to be acquired by the newly-formed, perpetual-life fund Greystar Student Housing Growth and Income Fund in a $4.6 billion all-cash transaction.
74.
Sanders says she was told to leave Virginia restaurant -
Monday, June 25, 2018
WASHINGTON (AP) — White House press secretary Sarah Huckabee Sanders was booted from a Virginia restaurant because she works for President Donald Trump, setting off a fierce debate about whether politics should play a role in how administration officals are treated in public.
75.
Avison Young Brokers Sale-Leaseback of EnSafe HQ -
Friday, June 22, 2018
Avison Young principals Shane Soefker and Jacob Biddle have negotiated the sale-leaseback of environmental consultancy firm EnSafe Inc.’s northeast Memphis headquarters.
76.
Events -
Thursday, June 21, 2018
The Shelby County Real Estate Road Show, co-sponsored by the Shelby County Trustee’s Office and Chandler Reports, is Thursday, June 21, from 5:30 p.m. to 7 p.m. (registration 5 p.m.) at Memphis Botanic Garden, 750 Cherry Road. Learn about the county’s tax sale process and anti-blight initiative, plus how to buy properties through Shelby County Land Bank. Cost is free. Register at rersmemphis621.eventbrite.com.
77.
Events -
Wednesday, June 20, 2018
Creative Aging’s Senior Arts Series continues Wednesday, June 20, at 1:30 p.m. at Theatre Memphis, 630 Perkins Road Extended. The performance features Creative Aging jazz and blues artist Deborah Swiney and highlights from Theatre Memphis’ “42nd Street.” Tickets available online or at the door for a minimum donation of $5 (cash or check). Visit creativeagingmidsouth.org.
78.
Events -
Tuesday, June 19, 2018
Talk Shoppe will meet Wednesday, June 20, from 9 a.m. to 10 a.m. at Pinot’s Palette, 8225 Dexter Road, suite 103. A Dress for Success representative will present “Career 101: What Not to Wear.” Cost is free. Visit talkshoppe.com.
79.
Council To Review ‘Shared Mobility’ Rules For Scooters, Bike Share -
Tuesday, June 19, 2018
Memphis City Council members get their first look Tuesday, June 19, at a “shared mobility” ordinance that would set broad ground rules for “shared use mobility bicycles, electric assist bicycles and electric scooters.”
80.
Why Many Americans Aren't Benefiting From Robust US Economy -
Monday, June 18, 2018
WASHINGTON (AP) – "The economy," Federal Reserve Chairman Jerome Powell declared this week, "is doing very well."
And it is. Steady hiring has shrunk unemployment to 3.8 percent – the lowest since the 1960's. Consumers are spending. Taxes are down. Inflation is tame. Factories are busy. Demand for homes is strong. Household wealth is up.
81.
After AT&T-Time Warner Win, Is Comcast-Fox a Done Deal? -
Thursday, June 14, 2018
NEW YORK (AP) – Comcast will likely bid for Fox's entertainment business as early as Wednesday now that a federal judge has cleared AT&T's $85 billion takeover of Time Warner.
If Comcast succeeds in outbidding Disney for Fox, a major cable distributor would control even more channels on its lineup and those of its rivals. There are fears that it could lead to higher cable bills or hinder online alternatives.
82.
Lake District Lands Malco Theater, Former Benchmark Seeks New Life -
Monday, June 11, 2018
3536 Canada Road,
Lakeland, TN 38002
Tenant: Malco Theatres Inc.
Tenant’s Agent: Michael Lightman, Michael Lightman Realty
Landlord: The Lake District
83.
Tenn. Brewery’s 1st Phase 100 Percent Leased -
Saturday, June 9, 2018
The first phase of the Tennessee Brewery development is now completely leased, according to multifamily investment and property management company Fogelman Properties.
Since opening its doors December 2017, the Tennessee Brewery has become the real estate company’s fastest “opening to stabilization” community to date.
84.
$20M Permit Filed For Bakery Apartments -
Saturday, June 9, 2018
The team redeveloping the Wonder Bread bakery and several nearby properties has filed a $20 million building permit application for the apartment portion of the $73 million mixed-use project.
LRK was tapped to handle the design work, while Montgomery Martin Contractors will head up the construction.
85.
SE Memphis Industrial Property Sells for $7.6M -
Friday, June 8, 2018
Huntington Industrial Partners, doing business as HIP 3527-3543 Lamar Avenue LLC, has acquired a roughly 18-acre industrial property in southeast Memphis for $7.6 million.
86.
Home Equity Boosts US Household Wealth 1 Pct. to $100.8T -
Friday, June 8, 2018
WASHINGTON (AP) – Increased home prices boosted U.S. household net worth 1 percent in the January-March quarter to crack $100 trillion for the first time.
The Federal Reserve said Thursday that home values rose $500 billion, offsetting a decline in stock portfolios of $400 billion. Overall household wealth rose to $100.8 trillion from $99.7 trillion in the October-December quarter.
87.
$20M Permit Filed for Bakery Apartments -
Friday, June 8, 2018
The team redeveloping the Wonder Bread bakery and several nearby properties has filed a $20 million building permit application for the apartment portion of the $73 million mixed-use project.
LRK was tapped to handle the design work, while Montgomery Martin Contractors will head up the construction.
88.
Last Word: Our Un-Signature, City Hall Beat Down and Lamar Avenue -
Wednesday, June 6, 2018
The first thing most people notice when they realize there is lots of development going on in Memphis but that its quite different than Nashville’s brand of development is that you don’t see nearly as many construction cranes here as you do there. It’s become an un-signature of sorts for what is an ongoing remake of Memphis. We adapt and use for new purposes. We also move institutions around, it turns out.
89.
Highly Visible -
Wednesday, June 6, 2018
Sometimes in business timing is everything. And when it comes to the relationship between FirstBank and Gill Properties that’s certainly the case. When Jeff Hudson was hired three years ago, one of his goals was to relocate FirstBank’s commercial offices and regional headquarters into a highly trafficked area with good visibility and easy access for their clientele.
90.
Hollywood Feed Promotes Ross To Director of Marketing -
Wednesday, June 6, 2018
Anne Ross has been promoted to director of marketing at Hollywood Feed. Having been with the Memphis-based natural pet food chain for more than five years, she now oversees all of the company’s marketing and communication efforts throughout the region in its 70 stores.
91.
Last Word: Storm Damage, Overton Square Parking and Corker's Tariff Plan -
Monday, June 4, 2018
The week begins with recovery across the river in Arkansas where high winds, possibly tornadoes, did quite a bit of damage Saturday evening – the Delta Regional Airport just outside Colt in St. Francis County destroyed, by the National Weather Service preliminary damage estimate Sunday.
92.
Fogelman: Tennessee Brewery’s First Phase 100 Percent Leased -
Monday, June 4, 2018
The first phase of the Tennessee Brewery development is now completely leased, according to multifamily investment and property management company Fogelman Properties.
Since opening its doors December 2017, the Tennessee Brewery has become the real estate company’s fastest “opening to stabilization” community to date.
93.
Malco Sues Overton Square Landlord Over Lack of Parking -
Saturday, June 2, 2018
Memphis-based Malco Theatres Inc. is suing Overton Square landlord Loeb Properties over the dwindling number of parking spaces surrounding Studio on the Square.
The movie theater chain alleges net profits from Studio on the Square have been reduced as a result of insufficient free parking, which Malco claims is in violation of a long-standing lease agreement, according to documents filed in Shelby County Chancery Court.
94.
Editorial: 100 North Main’s Better Days Come With Lessons -
Saturday, June 2, 2018
No matter what spot is chosen for Memphis’ second convention center hotel, what comes with it is certain to change the gap between Civic Center Plaza and a thriving residential and retail area on the Main Street Mall.
95.
100 North Main -
Saturday, June 2, 2018
The city’s tallest building, the 37-story 100 North Main Building – may or may not become the city’s second convention center hotel. But the skyscraper that has been vacant for four years and counting is the centerpiece of a 3-acre planned commercial complex anchored by a 600-room hotel, no matter where it winds up in the footprint. The complex, as much as the hotel, promises to change more than the city’s convention business.
96.
Businesses Seek to Expand Opportunities for Disabled Workers -
Thursday, May 31, 2018
NEW YORK (AP) – On any weekday morning, Miles Thornback is working on marketing campaigns for real estate agents or dealing with tricky tech issues at the office.
Thornback, who has cerebral palsy, got hired three years ago at the RE/MAX Prestige real estate agency in Costa Mesa, California, after the owners heard that he'd spent six years applying for jobs at hundreds of companies and finding nothing but negative mindsets.
97.
Tackling Transit, Reappraisal at Once Not Smart -
Thursday, May 31, 2018
Nashville’s Metro Council is taking the hit for falling asleep at the wheel in a period of unprecedented prosperity and waking up to a budget shortfall in mid-2018.
“We’ve been drunken by our growth and the label of the It City,” Councilwoman Tanaka Vercher admits. “But this is what happens in growth. It stabilizes.”
98.
Merging Past, Present -
Wednesday, May 30, 2018
The Medical Arts Building at the corner of Madison Avenue and Fourth Street in Downtown Memphis, much like its hometown, has seen its share of ups and downs for nearly a century.
But as the city continues to reinvent itself, Walk-Off Properties, the building’s current owner, is also in the process of reimaging the iconic property.
99.
Blockparty To Enhance U of M’s Tiger Lane Experience in ’18 -
Tuesday, May 29, 2018
Just a few years ago, it was a struggle to get fans to show up for University of Memphis football games at Liberty Bowl Memorial Stadium. Losing was the norm, Tiger Lane as it exists now was just wild imagination, and the notion of the school having use for a professional tailgating partner would have been lunacy.
100.
Bitcoin Fans Rave, But Understand It’s Still a Risky Business -
Monday, May 28, 2018
By now, anyone who follows Wall Street even slightly has heard of cryptocurrency and its most famous spawn – bitcoin, which launched in 2009 but grabbed headlines last year for its wild swings in valuation.