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Editorial Results (free)

1. Events -

Shelby County Real Estate Road Show, co-sponsored by Shelby County Trustee David Lenoir and Chandler Reports, will be held Monday, April 17, from 5:30 p.m. to 6:30 p.m. at Memphis Botanic Garden, 750 Cherry Road. Learn about the county’s tax sale process and anti-blight initiative, as well as how to bid on commercial, industrial and residential properties through the Civic Source online system. Cost is free. Register at rersmemphis42017.eventbrite.com or email kwhitaker@shelbycountytrustee.com.

2. Trump: Next Old Hickory or Carnival Barker -

For those who ignore the news – fake or otherwise – Donald Trump won the presidency last November.

While he didn’t capture a majority of the vote, he did win the electoral vote, causing many detractors to call for the elimination of this outdated voting method.

3. Wolfchase At 20 -

For the shopping mall – that quintessential staple of American retail, the biggest of big boxes, a sprawling, multilevel marvel of commercial magnificence – these are most certainly interesting times.

4. Atlanta Developer Files $200 Million Germantown Mixed-Use Plan -

Atlanta developers have filed an outline plan with Germantown leaders for a $200 million mixed-use town village development on the 32-acre “Arthur tract” west of the Saddle Creek South retail center.

5. Another Country -

On the road into the C.H. Nash Museum at Chucalissa in southwest Memphis, there is a sign you might not notice on your way to the museum and archaeological site.

An arrow pointing east is the way to Memphis. The western arrow reads Chucalissa.

6. $12 Million Permit Filed For Hickman Building -

240 Madison Ave.
Memphis, TN 38103

Permit Amount: $12 million

Project Cost: $16 million

Application Date: February 2016

7. $12 Million Permit Filed for Hickman Building -

Montgomery Martin Contractors has filed a $12 million building permit application with the city-county Office of Construction Code Enforcement to renovate the historic Hickman Building into a mixed-use development that will include the new headquarters of Memphis-based investment firm, SouthernSun Asset Management.

8. $12M Building Permit Pulled for Hickman Building -

Montgomery Martin Contractors has filed a $12 million building permit application with the city-county Office of Construction Code Enforcement to renovate the historic Hickman Building into a mixed-use development that will include the new headquarters of Memphis-based investment firm, SouthernSun Asset Management.

9. SouthernSun Converting Historic Downtown Building to New HQ -

SouthernSun Asset Management is preparing to convert part of a historic but long-vacant Downtown building into its new headquarters.

The $16 million project seeks to turn the nine-story Hickman Building, 240 Madison Ave., into a mixed-use project that houses the Memphis-based investment firm's headquarters as well as 40 apartments, 5,000 square feet of street-level retail and a connected parking structure.

10. SouthernSun Converting Historic Downtown Building to New HQ -

SouthernSun Asset Management is preparing to convert a historic but long-vacant Downtown building into its new headquarters.

The Memphis-based investment management firm plans to invest around $16 million to turn the nine-story Hickman Building, 240 Madison Ave., into a mixed-use project that houses its headquarters as well as 40 apartments, 5,000 square feet of street-level retail and a connected parking structure.

11. SouthernSun Converting Historic Downtown Building to New HQ -

SouthernSun Asset Management is preparing to convert a historic but long-vacant Downtown building into its new headquarters.

The Memphis-based investment management firm plans to invest around $16 million to turn the nine-story Hickman Building, 240 Madison Ave., into a mixed-use project that houses its headquarters as well as 40 apartments, 5,000 square feet of street-level retail and a connected parking structure.

12. SouthernSun Converting Historic Downtown Building to New HQ -

SouthernSun Asset Management is preparing to convert a historic but long-vacant Downtown building into its new headquarters.

The Memphis-based investment management firm plans to invest around $16 million to turn the nine-story Hickman Building, 240 Madison Ave., into a mixed-use project that houses its headquarters as well as 40 apartments, 5,000 square feet of street-level retail and a connected parking structure.

13. SouthernSun Converting Historic Downtown Building to New HQ -

SouthernSun Asset Management is preparing to convert a historic but long-vacant Downtown building into its new headquarters.

The Memphis-based investment management firm plans to invest around $16 million to turn the nine-story Hickman Building, 240 Madison Ave., into a mixed-use project that houses its headquarters as well as 40 apartments, 5,000 square feet of street-level retail and a connected parking structure.

14. Last Word: Wessman Trouble, Selling 495 Union and An Underground Film Icon -

When Wessman Development came to town last year with the idea of a boutique hotel, the Palm Springs, California company was part of the flood of smaller hotel projects Memphis was seeing and is still seeing. Then the company added another hotel and just this month the redevelopment of a building on Madison west of Second Street as apartments with retail on the ground floor. In a very short period of time, Wessman has had a lot of plans for Memphis.

15. Criswell Take Reins As MAAR Board President -

Tommie Criswell has begun her yearlong tenure as president of the Memphis Area Association of Realtors’ board of directors. Criswell has actively volunteered with MAAR for more than 20 years. At Crye-Leike East Memphis, where she serves as broker/manager, she focuses on residential real estate along with some commercial real estate sales. 

16. New Tri-State Defender Has Credibility, Influence in the Community -

When president and publisher Bernal E. Smith II speaks about his newspaper, The New Tri-State Defender, and how business is conducted today and what’s necessary for success going forward, he sounds like just about any other newspaper executive trying to navigate today’s quick-change media world.

17. Connecting People at Heart of Plans For $12M Friendship Park -

Heartsong Church and the Memphis Islamic Center, neighbors in Cordova, are shattering notions of hatred and divisiveness seen elsewhere in the world with plans to develop a $12 million Friendship Park connecting their two properties.

18. Germantown Board Approves Change for Trader Joe’s -

The much-anticipated Trader Joe’s in Germantown took another step forward Tuesday night.

At the city’s Jan. 24 Design Review Commission meeting, board members voted unanimously to approve CAP Germantown LLC’s building modification plans, thus paving the way for the upscale grocer to make its market debut.

19. Plans for Trader Joe’s Germantown Location Approved by City’s Design Commission -

The much-anticipated Trader Joe’s in Germantown took another step forward Tuesday night.

At the city’s Jan. 24 Design Review Commission meeting, board members voted unanimously to approve CAP Germantown LLC’s building modification plans, thus paving the way for the upscale grocer to make its market debut.

20. LA Fitness Eyes Collierville, Urban Village Moves Ahead -

1048 W. Poplar Ave.
Collierville, TN 38017

Sale Amount: $3.7 million

Sale Date: Jan. 5, 2017

Buyer: Fitness International LLC

21. Germantown Planning Board OKs Trader Joe’s Change -

Plans for Trader Joe’s Germantown location are changing again, and it could expedite the store’s opening.

Developer Centennial American Properties received unanimous approval from the Germantown Planning Commission Tuesday, Jan. 3, for a revised site plan that would locate Trader Joe’s within the former Kroger store at 2130 Exeter Road instead of in a new building on an outparcel of that site.

22. Village Shops of Forest Hill Sold for $37.1 Million -

9155 U.S. Highway 72

Germantown, TN 38138

Sale Amount: $37.1 million 

Sale Date: December 2016

23. Ethics Experts: Trump Invites Trouble If He Keeps Businesses -

NEW YORK (AP) – Donald Trump says he will step away from managing his business empire while he's in office – but he's not going to sell it off. If he follows through, he will shatter a presidential precedent on conflicts, and ethics experts say he will open the door to investigations and lawsuits that could hobble his administration.

24. Trader Joe’s Developer Seeks $2.5M Permit -

2130 Exeter Road, Germantown, TN 38138 • Permit Amount: $2.5 million 

Future Tenant: Trader Joe’s 

Developer: CAP Germantown LLC

25. Last Word: Football Comes Back, Snuff on Front Street and Pot Is Short of Seven -

I have a question that some of you may not care for? Is football making a comeback in this basketball town for a more prominent place in the conflicted and diverse hothouse that is Memphis culture?

26. Local Company Buys Former American Snuff Properties -

Local partnership group Keel Street LLC recently purchased two adjacent Downtown properties located at 46 Keel Ave. and 700 N. Front St. from American Snuff Co. for $250,000.

27. Trader Joe’s Developer Seeks $2.5M Permit -

CAP Germantown LLC, the company developing a future Trader Joe’s store in Germantown, has pulled a $2.5 million building permit for modifications to the site, located near the northeast corner of Exeter Road and Poplar Avenue.

28. Last Word: Fire Recovery, Justice Department Work Begins and Rocky Top Angst -

The death toll in the East Tennessee wildfires goes to 10 Thursday as the recovery effort moves beyond a search for those missing. The count of buildings burned in Sevier County is estimated at more than 700 – 300 just in Gatlinburg. And 47 people are injured by the latest count. The count of those who died in the fires includes confirmation that Jon and Janet Summer of Memphis are among the dead recovered so far.

29. Kirk-Ivy Named 2016 Mississippi Commercial Realtor -

Bambi K. Kirk-Ivy, a commercial Realtor and marketing director at Olive Branch-based Utley Properties, recently was recognized as the 2016 Mississippi Commercial Realtor of the Year at the annual Mississippi Realtors Convention and Expo.
As a landlord representative for all of Utley’s properties, most of Kirk-Ivy’s work has been in retail; however, she says the company is now focusing on light industrial-type flex spaces consisting of office, showroom and warehouse uses.
In 2017, she also will serve as the northern district director on the Mississippi Commercial Association of Realtors board of directors. 

30. Holiday Decision -

In recent years the holiday shopping season has been inching back further and further, with some retailers choosing to give up the tradition of being closed on Thanksgiving. But this year public backlash has reached the top of the retail chain, and some big malls and shopping centers are deciding it’s not worth opening on the national holiday.

31. St. Jude Planning Renovation Of Tri Delta Place -

350 N. Third St.

Memphis, TN 38105

Permit Amount: $3.5 million

Application Date: November 2016

32. Auto Safety Supplier Autoliv Moves Into Memphis -

Autoliv, the world’s largest auto safety supplier, has signed a lease to move into a 157,366-square-foot distribution facility in Olive Branch, Mississippi.

Hillwood Investment Properties announced the lease Monday, Nov. 14.

33. US Internet Repeatedly Disrupted by Cyberattacks on Key Firm -

LONDON (AP) — Cyberattacks on a key internet firm repeatedly disrupted the availability of popular websites across the East Coast of the United States Friday, according to analysts and company officials.

34. Big River -

Jim Jackson had it planned. At the third annual Arkansas Delta Flatlander bicycle ride, the 100-kilometer bike ride would become what it was intended to be – a ride across the Mississippi River from West Memphis to Memphis across the northern side of the Harahan Bridge.

35. Gauging the Feasibility of Historic Museum -

As I watched the grand opening of the National Museum of African American History and Culture on television, I was filled with excitement and emotion. I was excited about this historic moment and what it means for the African-American community and the nation.

36. Enoble Business Capital Offices Sell in Foreclosure -

813 Ridge Lake Blvd.

Memphis, TN 38120

Sale Amount: $9.6 million

Sale Date: Aug. 31, 2016

Buyer: Merchants Capital Real Estate LLC

37. Last Word: Heart of the Park, Tigers Opener Preview and Memphis In May Numbers -

“Try to remember the kind of September when life was slow and oh, so mellow. Try to remember the kind of September when grass was green and grain was yellow.”

It would appear this is that kind of September you would otherwise be remembering.

38. Last Word: Mike McLean's Campaign, Jimmy Carter and Beyond Disparity Studies -

Mike McLean is running one heckuva campaign for Clerk of the Courts. Some of you are thinking, “Why haven’t I heard of that position before?” “Who is the incumbent?”

39. Carter Says Disparities Keeping Underprivileged From Better Lives -

Last week, former President Jimmy Carter and nearly 1,500 volunteers flocked to Uptown to build 19 homes that will help improve the lives of underprivileged Memphians. In between swinging hammers, Carter and former First Lady Rosalynn Carter took time to visit the blues bars of Beale Street. Carter said Beale Street bears commonalities with the National Civil Rights Museum in that both cultural touchstones have reclaimed the city’s history and bring local heritage into a greater context.

40. Last Word: Malco in South Main, Suburban Deadline and Chiwawa -

The Malco movie theater in South Main is to begin construction in September, the latest piece of the Central Station development where construction of apartment units on the Front Street side of the property has been underway for some time.

41. Events -

Tennessee Small Business Development Center will host a workshop on how to get started in government contracting Thursday, Aug. 18, from 9 a.m. to 11 a.m. at the Renaissance Business Center, 555 Beale St. Learn about getting started in government contracting, types of contracts awarded, how to get one-on-one assistance and more. Cost is free; registration required. Visit tsbdc.org/training for details.

42. Last Word: Candlelight Protest, International Paper Rumors and Ruby Wilson -

Graceland and Black Lives Matter meet again Monday evening, according to the announcement as the weekend began of the Coalition of Concerned Citizens.

The coalition, which includes leaders of the July 10 bridge protest as well as the July 12 protest that briefly blocked traffic on Elvis Presley Boulevard outside Graceland, isn’t too happy with how its meeting with Mayor Jim Strickland went last Thursday.

43. Memphis Habitat to Hold Benefit Dinner With Carters -

Habitat for Humanity of Greater Memphis is hosting a benefit dinner Aug. 25 that will give attendees a chance to mingle with a former U.S. president.

SheetRock ‘n’ Roll is part of Habitat for Humanity’s Jimmy & Rosalynn Carter Work Project, which will take place in Uptown’s Bearwater Park beginning Aug. 22.

44. Memphis Habitat to Hold Benefit Dinner With Carters -

Habitat for Humanity of Greater Memphis is hosting a benefit dinner Aug. 25 that will give attendees a chance to mingle with a former U.S. president.

SheetRock ‘n’ Roll is part of Habitat for Humanity’s Jimmy & Rosalynn Carter Work Project, which will take place in Uptown’s Bearwater Park beginning Aug. 22.

45. Last Word: Union Turns A Corner, Parkside's TIF and Bee Cause -

There hasn’t been this much excitement since right turn on red came to town 40 years ago.

In less than a week you will be able to make a left turn onto McLean Boulevard from Union Avenue eastbound and westbound. And the traffic signal that lets you do that will flash a yellow arrow that indicates you can turn left if there are no pedestrians and no cars coming the other way.

46. TAG Expects Truck Facility to be Operational by Mid-2017 -

TAG Truck Center is moving forward with a $28 million trucking facility at the former site of the Mall of Memphis. Contractor Linkous Construction Co. recently filed two building permits for TAG’s new headquarters.

47. Memphis Marketing Group Names New Board Members -

The Memphis Chapter of the American Marketing Association has announced the chapter’s 2016-2017 board of directors, which includes four new members. All terms took effect July 1.

Mary Stratton, director of marketing at Power & Tel, will lead the chapter as president, and Wendy-Sumner Winter, senior director of communications and marketing at Christian Brothers University, will serve as president-elect.

48. Chamber Names Simmons Director of Public Policy -

Haley Simmons has joined the Greater Memphis Chamber as the director of public policy, a new position in the chamber’s community development department. In this role, Simmons will be focused on enhancing the chamber’s advocacy efforts to inform and engage its members on important policy issues, and he’ll also be responsible for growing the chamber’s role in education initiatives.

49. One Family -

An unprecedented private investment aims to restore a commercial heart to the Soulsville USA neighborhood, where a pair of sprawling buildings take up nearly a full block across from the Stax Museum of American Soul Music. It isn’t an eyesore, but inactivity within those walls has been a drag on the community.

50. Mortgage Market Up 31 Percent in April -

Shelby County’s mortgage market kicked off the second quarter by posting strong numbers for April, a continuation of where the mortgage market has been heading so far this year.

Last month’s total purchase mortgage volume stood at a little more than $168 million, up from April 2015’s total of a little more than $128 million, for a gain of 31 percent. That’s according to real estate information company Chandler Reports, www.chandlerreports.com.

51. ALSAC Buys Warehouse For $6 Million -

483 Manassas St.
Memphis, TN 38105

Sale Amount: $6 million

Sale Date: March 17, 2016

Buyer: ALSAC

Seller: Michael Nussbaum and Joyce Nussbaum

52. Memphis Fights Back: Senate Poised To Do Real Damage via De-Annexation -

Memphis Mayor Jim Strickland makes a persuasive argument against de-annexation legislation now being considered by the state Legislature, providing a long list of figures to show it would devastate the Bluff City.

53. Engineer Jonnye McElyea Joins Allen & Hoshall -

Jonnye McElyea has joined Allen & Hoshall as a structural engineer. McElyea, who designs structures such as buildings, bridges and retaining walls, is among the 19 percent of engineers who are women. Her previous experience includes time at Parsons Corporation and AFRAM Corp.

54. The Week Ahead: Feb. 12, 2016 -

How was your weekend, Memphis? Here’s our weekly rundown of local happenings you need to know about, from circus clowns to Republican senators…

Both U.S. Senators representing Tennessee will be in Memphis Saturday for the Shelby County Republican Party’s annual Lincoln Day Gala, historically the local party’s largest annual fundraising event.
Sen. Bob Corker is the keynote speaker with Sen. Lamar Alexander as a special guest.
The Lincoln Day gatherings are county-by-county events across the state that can extend far beyond the shadow of Presidents Day: A few of the Lincoln Day dinners have been known to find a place on the calendar in April.
This is the 41st Lincoln Day event in Shelby County, which puts the local event’s origins squarely in the aftermath of the Watergate scandal, a low-point for Republican fortunes nationally after the state’s modern Republican party was formed and prospered in the late 1960s and early 1970s.
The event always comes with a large helping of local candidates testing the political waters among the dinner tables between podium speeches.
This year, the Shelby County event is sure to feature partisans from the various Republican presidential campaigns because of its place on the February calendar during the early voting period before the March 1 election day.

55. The Week Ahead: Feb. 1, 2016 -

How was your weekend, Memphis? The good news is you officially made it through January. Here’s a look at what’s happening this week, from a frigid swim to a FedExForum double-header…

56. Bass Pro Shops Eyes Mud Island -

Mud Island’s neighbor to the east is interested in redeveloping the river park.

Bass Pro Shops is among the five companies that have submitted proposals to the Riverfront Development Corp. to oversee Mud Island River Park. And all five have advanced to a second round of the process without the RDC releasing details of the material they submitted.

57. Last Word: El Chapo and Memphis, First Filers for August and Origins in Graffiti -

The Mississippi River at Memphis crested and then it rained.
The weekend rain added about two-tenths of an inch by Saturday to Friday’s crest.
But by Sunday, the river had dropped to 39.12 feet, which is still more than five feet above flood stage.

58. Mall of Memphis Property Bought by Trucking Company -

113-Acre Former
Mall of Memphis Site
Sale Amount: $3.9 million

Sale Date: Dec. 29, 2015
Buyer: TAG Real Estate Holdings LLC
Seller: Memphis Industrial Properties LLC (Johnson Development Associates Inc.)
Loan Amount: $23 million
Loan Date: Dec. 29, 2015
Lender: Mercedes-Benz Financial Services USA LLC
Details: The 113-acre former Mall of Memphis property has a new owner. TAG Real Estate Holdings, an affiliate of Memphis-based TAG Truck Enterprises LLC, paid $3.9 million, or $34,513 an acre, to buy the property from Johnson Development Associates Inc., acting as Memphis Industrial Properties LLC.

59. Mall of Memphis Land Sold to Trucking Company -

The development company that wanted to build a speculative industrial park on the former Mall of Memphis site has sold the property instead.

Johnson Development Associates, Inc., acting as Memphis Industrial Properties, LLC, has unloaded the Mall of Memphis land in a Dec. 29 warranty deed.

60. The Week Ahead: Dec. 28, 2015 -

How was your (hopefully long) weekend, Memphis? This week, more than most, is a time of change – of renewal, of turning the page, starting over. And of course, a time to ask the annual question: What are we going to do on New Year’s Eve?

61. AC Glenn Committed to Drones, and to Memphis -

Aviation is in AC Glenn’s blood.

One of his childhood mentors was a Tuskegee airman, and his father, Albert Glenn, was one of the first African-American pilots hired by FedEx Corp. who currently serves as chairman of the advisory board for the Organization of Black Aerospace Professionals.

62. Marriott Becomes World's Largest Hotelier, Buying Starwood -

NEW YORK (AP) — Hotel behemoth Marriott International is becoming even larger, taking over rival chain Starwood in a $12.2 billion deal that will catapult it to become the world's largest hotelier by a wide margin.

63. Trader Joe's Confirms First Memphis-Area Store -

Trader Joe’s has confirmed plans for its first Memphis-area store. The specialty grocer ended months of speculation and announced Wednesday, Sept. 23, that it would open a 12,500-square-foot store in Germantown.

64. UTHSC Pulls $20 Million Permit to Build Simulation Center -

26 S. Dunlap St.
Memphis, TN 38103
Permit Amount: $20 million

Permit Date: Applied August 2015
Owner/Tenant: The University of Tennessee
Contractor: Flintco Inc.
Details: The University of Tennessee Health Science Center is preparing for more construction as part of its campus overhaul.

65. Cloverleaf Shopping Center Sells in $4.8 Million Deal -

5071, 5079 and 5150 Summer Ave.
761 N. White Station Road
Memphis, TN 38122

66. Freelance, Remote Work Part of New Office Reality -

In its 2015 list of the top 100 companies to watch for remote jobs, FlexJobs looked at the job-posting histories of more than 30,000 companies last year. The report, released in January, revealed a 26 percent increase in the number of remote jobs posted, hinting that the option to work from home is becoming more widely accepted in the broader economy.

67. Can US Housing Industry's Comeback Endure? The Outlook Dims -

WASHINGTON (AP) — The U.S. housing market has sizzled this summer, lifting expectations that home sales will finally help drive an economic expansion now in its seventh year.

Or will it?

68. Fino’s Taking a Bite Out of East Memphis -

The Brookhaven Circle area, an emerging restaurant row in the heart of East Memphis, is welcoming a new neighbor.

Jerry Wilson, owner of Fino’s from the Hill at 1853 Madison Ave. in Midtown, has acquired the property at 703 W. Brookhaven Circle in East Memphis for $526,600.

69. Will Latest Inflammatory Comments Tarnish Trump's Brand? -

NEW YORK (AP) – Is Donald Trump's business empire as Teflon-coated as his hair appears to be?

Trump has found himself on the receiving end of the catchphrase he made famous on his reality show "The Apprentice" – "You're fired!" – after NBC dumped the real estate mogul Monday over comments he made about immigrants during his recent presidential campaign kickoff speech.

70. Graceland Hotel Developers File $84 Million Construction Loan -

3600 Elvis Presley Blvd.
Memphis, TN 38116
Loan Amount: $84 million

71. Seeds of Nutrition in South Memphis -

Second in a series of profiles on the Community Foundation of Greater Memphis’ GiVE 365 grantees.

The community garden/urban farming concept literally took root years ago. Knowledge Quest founder and director Marlon Foster remembers well the 25-by-25-foot plot at the Fowler Homes housing project back in 1999. It was a humble beginning planted with a few seeds and a lot of faith and hope.

72. Here's Why Home Sales Are Finally Surging -

WASHINGTON (AP) — Real estate has gotten hot again.

Home sales are on pace for their best year since 2007. First-time buyers are streaming back into the market. Prices are skyrocketing, aided by a stronger job market and tantalizingly low mortgage rates that are creating pressure for buyers to act fast.

73. Why Isn't Stolen Data on Federal Employees for Sale? -

WASHINGTON (AP) – The Obama administration is increasingly confident that China's government, not criminal hackers, was responsible for the extraordinary theft of personal information about as many as 14 million current and former federal employees and others, The Associated Press has learned. One sign: None of the data has been credibly offered for sale on underground markets popular among professional identity thieves.

74. Dayco Wins Tax Break For Distribution Operations -

Michigan-based manufacturer Dayco Products Ltd. will consolidate its distribution operations in the Memphis area, but exactly where remains undecided.

“Due to the continued growth in demand for our products and increased product complexity over the past several years, we have committed to this significant capital investment in order to deliver increased value to our customers,” said Ed Rammel, president of the North American and Australian Aftermarket for Dayco, in a company statement.

75. East Tennessee’s Endangered 8 -

The East Tennessee Preservation Alliance’s list of endangered heritage sites for the region:

1. The Stonecipher-Kelly House in Morgan County was built around 1814 by the first permanent white settlers in that area, as part of a Revolutionary War land-grant.

76. Universal Life Building Developers Secure Loan -

The Center City Development Corp. approved a $300,000 loan to help get the planned redevelopment of the Universal Life Building across the finish line.

77. Universal Life Building Developers Secure Loan -

The Center City Development Corp. approved a $300,000 loan to help get the planned redevelopment of the Universal Life Building across the finish line.

78. Universal Life Building Developers Acquire Key Public Financing -

Developers of the Universal Life Building have received approval for two key pieces of financing and a commitment from the city of Memphis to lease about half of the building.

Self-Tucker Properties LLC won approval Tuesday, April 14, for a nine-year payment-in-lieu-of-taxes agreement from the Center City Revenue Finance Corp. to renovate the building for office use. Architects Jimmie Tucker and Juan Self, principals of Self-Tucker Architects, also gained approval for $2 million in Qualified Energy Conservation Bonds for the project.

79. REIT Acquires Three Hotels for $39.6 Million -

7905 Giacosa Place, 5320 Poplar Ave. and 7855 Wolf River Boulevard
Memphis, TN
Sale Amount: $39.6 million

80. REIT Acquires Three Hotels for $39.6 Million -

A New York-based real estate investment trust has acquired three hotels in the Memphis area for $39.6 million.

ARC Hospitality Portfolio I Owner LLC, an affiliate of American Realty Capital Hospitality Trust Inc., acquired the three properties from W2007 Equity Inns Realty LLC.

81. Universal Life Building Developers Seek PILOT -

Developers of the Universal Life Building are seeking a 10-year payment-in-lieu-of-taxes agreement from the Center City Revenue Finance Corp. to renovate the building for office use.

82. Universal Life Building Developers Seek PILOT -

Developers of the Universal Life Building are seeking a 10-year payment-in-lieu-of-taxes agreement from the Center City Revenue Finance Corp. to renovate the building for office use.

83. Universal Life Building Developers Seek PILOT -

Developers of the Universal Life Building are seeking a 10-year payment-in-lieu-of-taxes agreement from the Center City Revenue Finance Corp. to renovate the building for office use.

84. REIT Acquires Three Hotels For $39.6 Million -

A New York-based real estate investment trust has acquired three hotels in the Memphis area for $39.6 million.

ARC Hospitality Portfolio I Owner LLC, an affiliate of American Realty Capital Hospitality Trust Inc., acquired the three properties from W2007 Equity Inns Realty LLC.

85. Orion Acquires Medical Center Property for New Branch -

821 Poplar Ave.
Memphis, TN 38105
Sale Amount: $1.3 million

Sale Date: March 20, 2015
Buyer: Orion Federal Credit Union
Seller: Georgia Commercial Stores Inc.
Details: Orion Federal Credit Union has acquired a key piece of Memphis Medical Center real estate for a new branch.

86. Memphis-Area Homes Part of $553 Million Loan -

A total of 66 residential single-family rental properties in the Memphis area, including the cities of Memphis, Lakeland and Arlington, are part of a massive loan arranged by Goldman Sachs for a leading residential real estate investment trust.

87. Memphis-Area Homes Part of $553 Million Loan -

A total of 66 residential single-family rental properties in the Memphis area, including the cities of Memphis, Lakeland and Arlington, are part of a massive loan arranged by Goldman Sachs for a leading residential real estate investment trust.

88. MRG Enjoys Flurry of Leasing Activity -

Memphis-based Makowsky Ringel Greenberg LLC is reporting leasing activity at its retail, office and industrial properties.

89. Events -

The Memphis Chapter of the Public Relations Society of America will honor Loeb Properties president Bob Loeb, the chapter’s 2014 Communicator of the Year, at its monthly luncheon Thursday, Feb. 12, at 11:45 at the University Club, 1346 Central Ave. Cost is free for members and $25 for nonmembers. Visit prsamemphis.org.

90. Events -

The Tennessee Small Business Development Center and Waller Lansden Dortch and Davis LLP will kick off the “Protecting Your Intellectual Property” series Thursday, Feb. 12, from 8:30 a.m. to 11 a.m. at the Renaissance Business Center, 555 Beale St. Participants will learn more about patents, copyrights, trademarks, nondisclosure agreements and more to protect their business. Visit tsbdc.org/swtcc or call 901-333-5085 to register.

91. Events -

The Center City Revenue Finance Corp. will meet Tuesday, Feb. 10, at 9 a.m. in the Downtown Memphis Commission conference room, 114 N. Main St. Visit downtownmemphiscommission.com.

92. Events -

Morris Auction Group will host a free seminar for potential property sellers to learn about the real estate auction marketing method Monday, Feb. 9, at 6 p.m. at the Morris Auction Group offices, 2687 Mount Moriah Terrace. Visit morrisauctiongroup.com for details.

93. Events -

Teach901 will host its third annual teacher job fair Tuesday, Feb. 10, from 5 p.m. to 8 p.m. at Central BBQ Downtown, 1247 Butler Ave. Candidates interested in pursuing a career as an educator in the Memphis area are invited. More than 20 organizations will be seeking hires. Visit teach901.com/job-fair to register.

94. Bankruptcies Dip Below 12,000 in 2014 -

Reflecting a national trend, Shelby County recorded a 7 percent drop in bankruptcies in 2014 compared to the previous year.

And the number of bankruptcies across the 33 Shelby County ZIP codes in 2014 was also down from 2013 and 2012 in each of the three types of bankruptcy chapters, according to The Daily News Online, memphisdailynews.com.

95. Phoenix REIT Purchases 2 Walgreens for $11.3 Million -

A Phoenix-based real estate investment trust has acquired two Walgreens stores from the retailer’s parent company.

ARCP WG Memphis TN LLC and ARCP WG Bartlett 5950 Stage Road LLC, both affiliates of Phoenix-based American Realty Capital Properties, acquired the Walgreens stores at 3670 Riverdale Road and 5950 Stage Road in Bartlett from the Walgreen Co. for $11.3 million, according to two Nov. 24 special warranty deeds.

96. Bank of Bartlett Buys Germantown Property -

1870 Kirby Parkway
Germantown, TN 38138
Sale Amount: $4.1 million

Sale Date: Dec. 29, 2014
Buyer: Bank of Bartlett
Seller: Spence Ray
Details: Bank of Bartlett has bought back a site on Kirby Parkway in Germantown for $4.1 million.

97. Phoenix REIT Purchases 2 Walgreens for $11.3 Million -

A Phoenix-based real estate investment trust has acquired two Walgreens stores from the retailer’s parent company.

ARCP WG Memphis TN LLC and ARCP WG Bartlett 5950 Stage Road LLC, both affiliates of Phoenix-based American Realty Capital Properties, acquired the Walgreens stores at 3670 Riverdale Road and 5950 Stage Road in Bartlett from the Walgreen Co. for $11.3 million, according to two Nov. 24 special warranty deeds.

98. Shelby County Commercial Sales Dip in October -

Shelby County recorded 90 commercial sales in October, down 4 percent from 94 commercial sales recorded in October 2013, according to real estate information company Chandler Reports, www.chandlerreports.com.

99. Skip Check-In; Latest Hotel Room Key is Your Phone -

NEW YORK (AP) – Hotels don't want guests to have to linger at the front desk – or even stop by at all.

New programs are helping speed up the check-in process for busy travelers, or in at least one case, letting them go straight to their rooms by using their smartphone to unlock doors.

100. Mixed-Use Project Looms for Former Lakeland Mall -

Get used to the name Lake District. You’ll probably be hearing more about it in the near future. Lake District is the new name for the revamped project being planned at the old Lakeland Factory Outlet Mall site.