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Editorial Results (free)

1. Last Word: Collierville's New School, New Cops and Z-Bo's Bust -

Collierville Schools superintendent John Aitken knew the crowd at the Collierville Chamber of Commerce Wednesday wanted to see how the city’s new $90 million high school was coming along a year before its scheduled opening. And he brought plenty of aerials to show the progress. But Aitken also came to talk about what is to happen in the new Collierville High School once the construction is done.

2. First Alliance Bank Inks 10-Year Lease to Move to Clark Tower -

Memphis-based First Alliance Bank has signed a 10-year lease to relocate its Poplar Avenue branch into the recently remodeled Clark Tower office building.


5100 Poplar Ave.
Memphis, TN 38137

3. Editorial: Culture of Planning Comes With Questions -

We don’t have all the cranes that Nashville has. But there’s a lot of construction and movement underway in the Memphis region’s various commercial real estate sectors.

And that activity is another reminder of the need for what some have called “a culture of planning” within the city of Memphis itself.

4. Fully Loaded -

It’s almost like the first half of 2017 was a decade in the making, at least when it comes to commercial real estate. Throughout all four major sectors of the Memphis-area commercial real estate market – industrial, office, retail and multifamily – figures are consistently reaching or exceeding pre-recession marks.

5. Clark Tower Wraps Up $8 Million Renovation -

Commercial real estate firm Colliers International has announced the owner of Clark Tower, In-Rel Properties, has finished an $8 million renovation of the iconic East Memphis office building. Details on that and other top deals in this week's Real Estate Recap...

6. Trump Has Opened the Door to Some Unions, But Not Others -

WASHINGTON (AP) – President Donald Trump says labor unions have an open door to his White House, but so far, he's holding the door a little more ajar for some organizations than others.

7. Victory Bicycle Studio Opening Companion Bike Shop on Broad -

Victory Bicycle Studio owner Clark Butcher is preparing to bring a new bike shop, under a different brand identity, to Broad Avenue.

8. New Midtown Brewery Files $1.2M Building Permit Application -

1350 Concourse Ave.
Memphis, TN 38104 

Permit Amount: $1.2 million

Application Date: March 2017

Owner: Crosstown Concourse

9. New Midtown Brewery Seeks $1.2M Building Permit -

Memphis’ newest addition to the local craft beer scene is ready to begin construction on its Midtown brewery.

Crosstown Brewing Co. has filed a $1.2 million building permit application with the city-county Office of Construction Code Enforcement for its new craft brewery at Crosstown Concourse.

10. New Midtown Brewery Files $1.2M Building Permit Application -

Memphis’ newest addition to the local craft beer scene has been cleared to begin construction on their new Midtown brewery.

Crosstown Brewing Co. filed a $1.2 million building permit application with the city-county Office of Construction Code Enforcement for their new location at the Crosstown Concourse.

11. New Midtown Brewery Files $1.2M Building Permit Application -

Crosstown Brewing Co. has filed a $1.2 million building permit application with the city-county Office of Construction Code Enforcement for its new location at the Crosstown Concourse.

12. 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

13. Red-Hot Jobs -

With unemployment low and falling and competition stiff and rising, accounting firm DHG Memphis is putting the full-court press on recruiting and hiring.

The full-service firm, which has been in Memphis for 60 years, is growing at a double-digit clip and has increased its staff to 110 people.

14. Crosstown Concourse Spawns New Memphis Brewery -

Crosstown Concourse’s latest tenant is a brewery. Crosstown Brewing Co., a newcomer to Memphis’ craft brew scene, will move into a newly constructed building on the west side of Crosstown Concourse.

15. Craft Brewery Coming to Crosstown Concourse -

Crosstown Concourse’s latest tenant is a brewery. Crosstown Brewing Co., a newcomer to Memphis’ craft brew scene, will move into a newly constructed building on the west side of Crosstown Concourse.

16. Last Word: South Main and Main, More Wheel Tax Mileage and City Hall Shark Tank -

When we talk about South Main these days and all that is happening in that area, we aren’t talking about Main Street Memphis further south of that, even though it’s the same road.

17. Nordstrom Rack-Anchored Center Gets $15.5M Construction -

4572 Poplar Ave.
Memphis, TN 38117

Permit Amount: $10.5 million

Project Cost: $15.5 million

Completion: Fall 2017

18. May 6-12: This Week in Memphis History -

1986: Kroger buys 5.7 acres of land for $2.9 million at the southeast corner of Mendenhall Road and Sanderlin Drive from the William B. Clark family. It will be the site of a new Kroger superstore. The Clark family sold an adjacent parcel, where an eight-story Garden Plaza hotel was already under construction, for $2.1 million the previous September.

19. Archimania Leads 2016 Architecture Awards -

Memphis architecture firm archimania was the biggest winner Saturday night at the 2016 AIA Memphis Design Awards, an annual bash that honors the city’s top architecture firms.

Also singled out for honors by the four members of the design awards jury - which this year was comprised of nationally recognized, award-winning architects from Raleigh, N.C. - were the firms designshop, Haizlip Studio and Self+Tucker Architects as part of a joint venture with archimania. There were 11 winners in all, and the honors were presented during the event at Clark Tower’s Tower Center by the awards’ jury chair Erin Sterling Lewis of Raleigh’s in situ studio.

20. Numbers Show Memphis’ Commercial Real Estate Market Stable in 2015 -

Across all sectors, the Memphis market was stable in 2015.

That’s according to the latest data from Integra Realty Resources, a national appraisal and advisory firm. At its annual Viewpoint local market presentation Wednesday, Feb. 24, local Integra leaders spoke on the industrial sector’s banner year, multifamily’s expansion cycle, what’s next for an office market without any remaining Class A space, and growth in the retail sector.

21. RKA Construction Building A Reputation for High-End Work -

Ryan Anderson sums up the homebuilding profession as taking one of two approaches.

The first is the old-school craftsman who builds a high-quality product. It’s a nice house with a lot of details. As a one-person business, that craftsman might have a strong focus on the finished product but isn’t able to juggle all the tasks necessary to operate a business, from tracking budgets, ordering materials and handling schedules, to communicating with clients and chasing new work.

22. RKA Construction Building a Reputation for High-End Work -

Ryan Anderson sums up the homebuilding profession as taking one of two approaches.

The first is the old-school craftsman who builds a high-quality product. It’s a nice house with a lot of details. As a one-person business, that craftsman might have a strong focus on the finished product but isn’t able to juggle all the tasks necessary to operate a business, from tracking budgets, ordering materials and handling schedules, to communicating with clients and chasing new work.

23. 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.

24. Nashville's Next Mayor Must Solve Traffic, Education Woes -

“Traffic is getting worse by the day.” I must have heard that complaint six times last week. Those exact words.

Perhaps some road construction coupled with Vanderbilt’s graduation complicated the situation, but that seems to be the feeling here.

25. New Lease Pushes Atrium I Building Near 100 Percent -

A Memphis law firm has inked a new lease at a prominent East Memphis building, pushing the office property toward total occupancy.

The Miles Mason Family Law Group PLC has inked a lease for 2,700 square feet in the Atrium I building at 6800 Poplar Ave.

26. Big Leap From Hollywood Hustle to Nolensville ‘Barn’ -

The step-grandmother of Clark Gable’s granddaughter leans back in her chair inside the Mennonite furniture store and holds up a foot.

“Look. I’m wearing orange socks. I must be eccentric,” says Linda Roberts as a gray, misty day chases me from Nolensville Road into the worn building tucked against Mill Creek.

27. Fresh Selection -

It would seem I Love Memphis blogger Holly Whitfield was correct last year with a forecast that called for a “permanent Foodnado” in Memphis.

28. New Brewery Venture Eyeing Crosstown -

When they launched a Facebook page at the end of January, the first post for which was simply the logo for the craft beer brewery they’re planning, Will Goodwin and Clark Ortkiese didn’t expect the flood of interest their concept would generate.

29. Crosstown Crossroads -

Richard Spore and his colleague at the Memphis office of the Bass Berry & Sims law firm have worked on several ambitious, game-changing projects like the transformation of Overton Square and Bass Pro Shops’ redevelopment of The Pyramid.

30. Two In-Rel Properties Fetch $16.8 Million -

6263 Poplar Ave. and
2670 Union Ave. Extended
Memphis, TN

31. This week in Memphis history: November 14-20 -

2013: Justin Timberlake at FedExForum in a day that saw Memphis Mayor A C Wharton Jr. proclaim it as Justin Timberlake day and don a bowtie along with numerous other Memphians. It was Timberlake’s first Memphis show since 2007 and 1,000 free bow ties were distributed.

32. Johnson Named Memphis Law School Registrar -

Jamie M. Johnson has joined the University of Memphis Cecil C. Humphreys School of Law as law school registrar.

In her new role, Johnson will have direct oversight of the registrar’s office and duties relating to enrollment verification, managing student’s academic records, and ensuring the accuracy, integrity, maintenance and delivery of all law school institutional data. Johnson will also work closely with the dean of academic affairs to administer exams, determine class rank and report grades.

33. New Office Building Park in Works -

A Memphis contractor is planning a new office building park in the city, according to a news report.

Memphis-based construction contractor Dan Walker Associates Inc. plans to develop up to 240,000 square feet in seven buildings on nearly eight acres at 3923 Forest Hill Irene Road, according to the report in the Memphis Business Journal.

34. Canal Centennial -

History buffs may be especially interested in one of the newest exhibits on display at the Dixon Gallery and Gardens, which commemorates the centennial of a triumph of engineering that represents a milestone in both U.S. and world history.

35. Belmont Welcomes Largest-Ever Freshman Class -

If you graduated from Belmont 20 years ago, you might not recognize the campus today.

Near ceaseless on-campus construction and a huge spike in enrollment has changed the once-sleepy little school into a major player in Nashville and in national collegiate circles.

36. Johnson to Lead Pink Palace Fundraising Efforts -

Cathi Johnson has joined the Pink Palace Family of Museums as director of development. In her new role, she’ll design, implement and manage the museum system’s fundraising efforts, including individual and corporate gifts and sponsorships, grant writing, capital funds and planned giving.

37. Tin Roof Lease Makes Full House on Beale -

The three-block Beale Street Entertainment District is fully leased with the addition of three leases this spring on the block between Hernando and Fourth streets.

The most recent lease, announced Thursday, June 19, was a long-term lease for Tin Roof bar and restaurant at 315 Beale St., the space the Hard Rock Cafe will leave in July to move west to the Lansky Building at 126 Beale, just outside the formal borders of the district.

38. Shelby Farms Files $25 Million Permit for Lake Expansion -

500 Pine Lake
Memphis, TN 38134
Permit Cost: $25 million

Project Cost: $52 million
Permit Date: Applied May 2014
Completion: June 2016
Owner: Shelby Farms Park Conservancy
Tenant: Shelby Farms Park Conservancy
Architect: james corner field operations
Contractor: Montgomery Martin Contractors LLC
Details: The Shelby Farms Park Conservancy has filed a $25 million permit with the city-county Office of Construction Code Enforcement to expand Patriot Lake.

39. MalmoMemphis Completes Three Law Firm Leases -

Three Memphis law firms represented by MalmoMemphis Real Estate Inc. have renewed their office leases or leased new spaces.

40. New Life -

When Rob Clark and his wife moved into their home in the historic Evergreen neighborhood in 1993, catalog and distribution operations were still active at the Sears Crosstown building.

That soon changed, and for roughly two decades the hulking property stood as a towering, painful reminder of the area’s faded glory.

41. New Life -

When Rob Clark and his wife moved into their home in the historic Evergreen neighborhood in 1993, catalog and distribution operations were still active at the Sears Crosstown building.

That soon changed, and for roughly two decades the hulking property stood as a towering, painful reminder of the area’s faded glory.

42. Builders Showcase -

The Vesta Home Show kicked off over the weekend, with large crowds turning out to explore six new homes in a gated Germantown community.

Don Glays, executive director of the West Tennessee Home Builders Association, said attendance during the opening weekend of the show was strong.

43. VESTA Home Show Begins Saturday -

This West Tennessee Home Builders Association is launching the VESTA Home Show Saturday, Nov. 9.

This year’s home show, which runs through Dec. 1, features six homes, built by Bryce Homes, Ruch Builders, The Dave Moore Cos., D&D Custom Homes, David Clark Construction LLC and Darin K. Halford.

44. VESTA Home Show Begins Saturday -

This West Tennessee Home Builders Association is launching the VESTA Home Show Saturday, Nov. 9.

This year’s home show, which runs through Dec. 1, features six homes, built by Bryce Homes, Ruch Builders, The Dave Moore Cos., D&D Custom Homes, David Clark Construction LLC and Darin K. Halford.

45. GOP Dreads Prospect of New UAW Foothold in South -

CHATTANOOGA, Tenn. (AP) – The prospect of the United Auto Workers gaining a new foothold at Volkswagen's plant in Tennessee worries some Southern Republicans, who say laws banning mandatory union membership have helped lure foreign automakers.

46. Sticking to Niche -

Chris Clark got into the contracting and construction business in 1975, learning the trades as he worked on them. Ryan Anderson graduated from Auburn University in 2007 with a building science degree.

47. Kruger Unveils $300 Million Expansion -

The North Memphis plant that began by manufacturing automobile parts and eventually produced the bodies and wings for B-25 bombers, celebrated a milestone Wednesday, May 22, with the $300 million expansion of the Kruger Inc. facility near Mud Island in Downtown.

48. Green Line Marketing Doubles Office -

Green Line Marketing Group has outgrown its East Memphis office space due to its expanded staff and client roster.

The boutique agency has signed a 2,000-square-foot lease in Racquet Club Plaza, where it will relocate from its three 350-square-foot executive suites in Clark Tower by the end of the month.

49. Home Builders Association Presents Lifetime Awards -

Memphis Area Home Builders Association presented lifetime achievement awards to Jim Reid, Dudley Schaefer Sr., Monroe Pointer and Tommy Cox at the trade organization’s annual holiday gala earlier this month.

50. Home Builders Association Presents Achievement Awards -

Memphis Area Home Builders Association presented lifetime achievement awards to Jim Reid, Dudley Schaefer Sr., Monroe Pointer and Tommy Cox at the trade organization’s annual holiday gala earlier this month.

51. I-Bank Tower on Poplar Sells for $14.4 Million -

5050 Poplar Ave. Memphis, TN 38117

Sale Amount: $14.4 million

Sale Date: Sept. 14, 2012

52. I-Bank Tower Sells For $14.4 Million -

The I-Bank Tower at 5050 Poplar Ave. in East Memphis has traded hands for $14.4 million, although the sale appears to be an internal transfer as the result of a corporate acquisition.

53. Fieldstone Apartments Files $9 Million Loan -

Fieldstone Apartments III LLC – an affiliate of Michael Lightman Realty Co. – has filed a nearly $9 million loan through SunTrust Banks Inc. for land that will become a new apartment phase.

54. First Tennessee Unit to Move Downtown -

First Tennessee Bank is preparing its Downtown Memphis headquarters for occupancy of one of its units.

55. McDonald’s Buys Lamar Retail Center for $850,000 -

2342 Lamar Ave.
Memphis, TN 38114

Sale Amount: $850,000

Sale Date: Aug. 17, 2012

56. Fieldstone Apts. Buys Land for Third Phase -

Fieldstone Apartments III Co. has paid $1 million for almost 17 acres of vacant land on Tournament Drive in Southeast Memphis for a new apartment phase.

57. As US Economy Steadies, Bank Closings Become Rarer -

WASHINGTON (AP) – Fewer U.S. banks are failing than at any time since the financial crisis erupted in 2008. The healthier banking industry is helping sustain an economy slowed by lackluster hiring, weak manufacturing and Europe's debt crisis.

58. FDIC Signs Lease In Lakecrest -

Federal Deposit Insurance Corp. has inked a substantial lease in Lakecrest III, marking the market’s largest office lease signing this year.

59. New York Co. Buys Into Four Lenox Park Bldgs. -

3150 Lenox Park Blvd., 6750 Lenox Center Drive, 6745 Lenox Center Court and 6775 Lenox Center Court Memphis, TN 38115

60. AIA Honors Industry’s Local Activity -

Despite hard times, there has been a whirlwind of activity in Memphis’ design community over the past year.

That’s the message Josh Flowers, general counsel at Hnedak Bobo Group Inc. and president of the Memphis Chapter of the American Institute of Architects, gave Saturday, March 31, at the annual Celebration of Architecture Gala and 2012 Design Awards at Circuit Playhouse, 66 S. Cooper St.

61. Memphis Advantage -

As the industrial market approaches the end of the first quarter, a handful of deals have local brokers encouraged that the city’s bread-and-butter sector is poised for recovery.

Recent notable industrial leasing transactions – all of which occurred in Class A bulk warehouses – include Trane U.S. Inc.’s 625,000-square-foot lease in Chickasaw Distribution Center; Kimberly Clark Corp.’s 556,000-square-foot lease in Airways Distribution Center; and Impact Innovations’ 275,000-square-foot space at Southridge Corporate Park.

62. Council Takes on Property Tax Hike -

Memphis Mayor A C Wharton Jr. is expected to have some budget cuts when the Memphis City Council meets in committee Tuesday, March 20, to talk about a one-time only property tax increase.

The 9 a.m. committee session at City Hall, 125 N. Main St., is to discuss whatever cuts Wharton may put on the table and the amount of the tax hike.

63. The Right Place -

When people think of Memphis, they might picture an aerial shot of Downtown – skyscrapers, The Pyramid and all.

But Andy Cates’ view of Memphis is different. He sees the city’s “dirty, industrial real estate.”

64. Grinding it Out -

After most recessions, real estate bounces back.

But the Great Recession has been notably different – long, deep and very prolonged.

That’s the message Dr. John Gnuschke, director of the Sparks Bureau of Business and Economic Research and co-director of the Center for Real Estate at the University of Memphis, delivered in December at the Urban Land Institute’s Real Estate Outlook for the Mid-South.

65. City Files $12M Permit Application For Mitsubishi Plant Infrastructure -

2865 Riverport Road
Memphis, TN 38109

Permit Cost: $12.1 million

Permit Date: Applied January 2012

66. Kimberly-Clark Signs Southaven Lease -

Kimberly-Clark Corp., a global manufacturer of hygiene and personal health products, has entered the local industrial market in full force.

67. Kimberly-Clark Signs Southaven Lease -

Kimberly-Clark Corp., a global manufacturer of hygiene and personal health products, has entered the local industrial market in full force.

68. Moore Takes Reins of Home Builders Association -

As a homebuilder, philanthropist and body builder, Jimmy Moore is a well-rounded individual.

And as the newly installed president of the Memphis Area Home Builders Association, he is poised to lead the trade organization by example and with empathy for its members.

69. Green Shoots -

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

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

70. Takeovers, Anticipated European Deal Lift Stocks -

NEW YORK (AP) — Stocks gained steadily Monday on a round of corporate takeovers and reports that Europe's bailout fund will be larger than anticipated. The Dow Jones industrial average was up nearly 130 points in the late afternoon. The Nasdaq composite index turned positive for the year.

71. Hoteliers Seek New Identities, Better Branding -

Several Mid-South hotels are in the midst of rebranding, and more are anticipated through next year.

The hotel rebranding trend has taken off since 2010 and includes reflagging to completely new brands as well as conversions to new identities within the same brand.

72. State OKs Permit for Aluminum Recycling Landfill -

MOUNT PLEASANT, Tenn. (AP) – State environmental regulators have approved a proposed aluminum recycling waste landfill that some residents oppose as unsafe.

The landfill would store salt cake, a recycling byproduct that emits toxic ammonia gas when it comes into contact with water. It would serve two Mount Pleasant aluminum recyclers, Tennessee Aluminum Processors Inc. and Smelter Services Corp.

73. Haslam Summer Tour Taps Voter Interests, Concerns -

TULLAHOMA, Tenn. (AP) – Bill Haslam has ramped up his travel schedule now that the legislative session is over, attending ribbon-cutting events, delivering grant checks and discussing education policy over pizza.

74. MC Ionic Solutions US Begins Work on Fite Rd. Site -

2665 Fite Road
Memphis, TN 38127
Permit Amount: $1.3 million

Permit Date: Applied July 2011

75. Butler Snow Firm, Attorneys Gain Honors -

Butler, Snow, O’Mara, Stevens & Cannada PLLC over the last few months has racked up a slew of honors and distinctions.

76. Builder Struggles Continue Into Spring -

As permits decline and construction costs rise, local builders urge prospective buyers to act now before the price of new homes continues to climb.

Shelby County builders filed 46 new home permits in April, a 58 percent decrease from 111 permits in April 2010, according to the latest data from real estate information company Chandler Reports, www.chandlerreports.com.

77. Clark/Dixon Duo Makes Name Through Design, Dedication -

Dianne Dixon and Larry Clark are the yin and yang of Memphis architecture, able to feed off each other’s creative specialties. The duo established their full-service architectural firm, Clark/Dixon Architects, in 1987, and over the years, the company has received recognition on the local and national level.

78. Dixon Hughes Goodman Eyes Local Growth -

Certified Public Accounting firm Dixon Hughes Goodman LLP will step up efforts to expand its forensic, litigation support and valuation practice in the Memphis market following its April 1 formation.

79. Indy, Pitt Execs Share Aerotropolis Hurdles -

Among the airport executives speaking at this week’s Airport Cities World Conference & Exhibition were the CEO of the airport with North America’s newest terminal and the CEO of an airport that built a $1 billion terminal for a passenger airline hub and then lost it.

80. City, Community at Heart of Montgomery Martin’s Work -

Construction, says Montgomery Martin, is hard. And he should know, having been in the business since 1978.

“You’re creating something out of nothing, you’re taking a raw piece of dirt, grading it off and digging holes and pouring concrete and creating an edifice for an environment to work in and live in,” Martin said. “That’s all very appealing and neat, and a necessary thing to do for society and for culture and for people to live and operate in.”

81. Spec Building on Decline as Presale Market Gains Popularity -

There was a time in the not too distant past that expansive speculative home neighborhoods were going up left and right in Shelby County.

Residential developments with a handful of floor plans were being constructed to take advantage of a large pool of potential homebuyers.

82. Renovations Begin at Pinnacle Headquarters -

40 S. Main St.
Memphis, TN 38103
Permit Amount: $8.7 Million

Project Cost: $8.7 million
Permit Date: Applied February 2011
Owner: Memphis Commerce Square Partners
Tenant: Pinnacle Airlines Corp.
Contractor: Grinder, Taber & Grinder Inc.

83. Clark Shapes Mission for Habitat For Humanity -

Micheal Clark is the family services director at Habitat for Humanity of Greater Memphis, a role he has held since 2004.

84. Dotzour Outlines CRE Future at MAAR Summit -

For this year’s version of the commercial real estate industry to differ from 2010, the economy needs one thing – jobs.

That was the message Mark Dotzour, chief economist and director of research for the Real Estate Center at Texas A&M University, told a room full of local brokers, bankers and appraisers at Wednesday’s Commercial Property Forecast Summit, held at the Germantown Performing Arts Centre and sponsored by the Memphis Area Association of Realtors Commercial Council.

85. Summit to Provide Insights for CRE Market -

Commercial real estate professionals will soon have the opportunity to gain insight on local and national issues that have an effect on Memphis business.

The eighth annual Commercial Property Forecast Summit, presented by the Memphis Area Association of Realtors Commercial Council, will provide reviews and forecasts of four local commercial real estate sectors.

86. Clark Carries on Family Tradition -

David Clark comes from a long line of construction industry professionals.

His grandfather, John C. Clark Jr., started building homes back in 1942, and his cousin, Ben Clark, has been involved in the subdivision business for more than 20 years.

87. Building Blocks -

Shelby County builders filed 681 new home permits last year, a 13.8 percent increase from 587 permits in 2009 according to the latest data from real estate information company Chandler Reports, www.chandlerreports.com.

88. Remodel Focus -

As new home starts have sunk to record lows across the Mid-South during the past few years, some local custom homebuilders have shifted focus toward remodeling and renovations projects to increase revenues.

89. Memphis Farmers Market Plans $400K Expansion -

Farmers usually wait until spring to start digging, but on Saturday the Memphis Farmers Market broke ground on an expansion that will mean more local produce in the coming year.

Organizers of the market said that a new canopy structure added to the Central Station property will add badly needed shelter and a sense of permanence.

90. Dixon Hughes Develops Hospitality Practice -

Accounting firm Dixon Hughes PLLC, one of the top-ranked CPA firms in the nation, is adding to its existing list of industry specialties with the creation of a new hospitality and resort niche practice group.

91. Clark Bros. Stymied By Housing Woes -

Partners with a renowned Memphis-based real estate development firm are experiencing the foreclosure crisis first-hand.

Brothers Benjamin G. Clark and Nicholas G. Clark are the subjects of five pending foreclosure lawsuits with Tupelo, Miss.-based BancorpSouth Bank, according to suits filed in Shelby County Chancery Court. BancorpSouth’s appraisals for the properties in question are valued at approximately $20.5 million, with loan balances of $17.5 million.

92. Irish Pub Fills Long-Vacant Midtown Corner -

Dublin House, a new Irish pub, is setting up shop on Madison Avenue just west of Overton Square.

Jody Clark, who has 30 years of experience in the restaurant and bar business, is the owner. She hopes to have Dublin House open by mid-November to early December at 2021 Madison Ave., the location formerly occupied by Melos Taverna.

93. Oliphant Ready to Expand Dixon Hughes -

The folks who run the Memphis office of accounting firm Dixon Hughes PLLC aren’t crossing their fingers and waiting around on new clients to walk through the door.

94. Reed Files Loan For $800K Enclave Home -

Bob Reed Builder LLC has bought a lot in the second phase of the Enclave Planned Development in Germantown and filed an $800,000 construction loan to build a home there.

95. Mercer Grows Staff After Relocation -

The bread and butter of Mercer Capital, a nearly 30-year-old firm headquartered in Clark Tower, is business valuation.

And lately, the company has been making the same kinds of moves – growth and investment in the future – that tend to stand out when analyzing a client’s operation.

96. Questions Abound for Commercial Real Estate’s Future -

The commercial real estate market will need to navigate its way through a host of landmines before it sees anything resembling recovery.

That was the message Mark Dotzour, chief economist and director of research for the Real Estate Center at Texas A&M University, told local brokers, bankers and appraisers at Wednesday’s Commercial Property Forecast Summit, held at the Germantown Performing Arts Centre and sponsored by the Memphis Area Association of Realtors Commercial Council.

97. Time to Improvise -

The past couple of years have been brutal for homebuilders as demand for new houses plummeted and companies did what they could to cope.

2009 was especially bad for Shelby County builders, who filed just 529 new home permits all year, a 43.7 percent decline from 940 permits in 2008 and a staggering 80 percent decline from 2,643 permits in 2007, according to the latest data from real estate information company Chandler Reports, www.chandlerreports.com.

98. Builder Optimistic About C’ville Subdivision -

Starting homes in the middle of January – and in the middle of a housing slowdown – might not seem like the wisest approach, but John Worley said the stars are aligned right as he begins the second phase of the Woodgrove Subdivision in Collierville.

99. Byrnes to Take MAHBA Reins -

Tommy Byrnes of Byrnes Ostner Investments Inc. will serve as 2010 president of the Memphis Area Home Builders Association, the group’s executive director, Don Glays, said this week.

100. In-Rel Buys Former Comcast Building, Renames it “Quince Centre” -

6555 Quince Road
Memphis, TN 38119
Sale Amount: $5 million
Sale Date: Dec. 7, 2009

Buyer: 6555 Quince Building Owner LLC
Seller: BACM 2000-2 Quince Road LLC
Loan Amount: $3.1 million
Loan Date: Dec 7, 2009
Maturity Date: N/A
Lender: Insbank