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Editorial Results (free)

1. First Tennessee Parent Company Reports Positive “Stress Test” Results -

First Horizon National Corp. has submitted the results of its annual Dodd-Frank Act Stress Test to regulators, which show that the company’s management and board believes it “would maintain capital well in excess of regulatory adequate levels under severely adverse economic and financial conditions.”

2. Last Word: T.A. Talks Memphis, EDGE Debate and Politics, Lots of Politics -

Grizz season opener at the Forum Wednesday is a win over NOLA 103 – 91. And Tony Allen’s Grizz jersey is retired. The day before, Allen wrote a piece for The Players’ Tribune on the Memphis experience and it is just about the best thing that will happen to you all day. He just walks right off the court and into the soul of this place.

3. Amazon, Pfizer Approved for Tax Incentives -

Amazon was awarded a 15-year payment-in-lieu-of-taxes incentive by the Economic Development Growth Engine for Memphis and Shelby County at its Wednesday, Oct. 18, meeting, despite the online retailer’s proposed distribution center spurring a larger debate about the types of jobs the city should incentivize in the future.

4. Seminar To Feature ULI Emerging Trends Report -

For the second straight year, ULI Memphis is partnering with The Daily News to present its 2018 Emerging Trends Report on Thursday, Nov. 2, at the Memphis Brooks Museum of Art.

The report will immediately precede TDN’s Commercial Real Estate Review & Forecast Seminar, where a panel of local real estate experts will discuss how these trends will affect the Memphis area.

5. Memphis Leaders Await Final Reports for Possible Coliseum Renovation -

As Memphis Mayor Jim Strickland’s administration considers final details for a Fairgrounds redevelopment plan, he and his staff are waiting on a complete analysis of the condition of the Mid-South Coliseum.

6. Law Firm Leases Keep East Submarket Strong in Q3 -

Despite a growing trend of major businesses relocating Downtown, the East submarket still led the way by a large margin in office leasing volume in the third quarter.

In total, the Memphis office market absorbed 156,280 square feet of space, which marks the third consecutive quarter of positive absorption, according to Cushman & Wakefield/Commercial Advisors’ Q3 Office MarketBeat report. This brings the year-to-date net absorption to 625,707 square feet, a drastic increase from the negative 59,344 square feet absorbed in the first three quarters a year ago.

7. Sewer Cut-Off Aligns With Developing Densely -

When the city decided in August to end all new connections to the sewer system by developments outside of the Memphis city limits effective immediately, it was about much more than the sewer system.

8. Memphis Hosts 15th Musculoskeletal Industry Conference -

The annual Musculoskeletal New Ventures Conference returns to Memphis this week for the 15th time, bringing together venture capitalists and industry leaders from around the country to give them a “target-rich environment” in which to network and potentially make deals.

9. Monuments, Elections, TDZ Expansion All Before Council -

Memphis City Council members take a third and final vote Tuesday, Oct. 17, on an ordinance directing the administration to act on “immediate” removal of Confederate monuments from two city parks.

10. Carpet Maker Shaw Acquires Tennessee Digital Sample Provider -

CHATTANOOGA, Tenn. (AP) – Shaw Industries, the country's biggest carpet maker, is buying a Tennessee-based producer of digital carpet samples and design tools.

The Chattanooga Times Free Press reports that Shaw, a subsidiary of Warren Buffett's Berkshire Hathaway, acquired Tricycle Inc. for an undisclosed sum.

11. Shelby County to Overhaul Criminal Justice Center -

201 Poplar Ave.
Memphis, TN 38103

Permit Amount: $17 million

Application Date: October 2017

12. Collierville Man Awarded $140M in Androgel Lawsuit -

A federal jury in Chicago, Illinois, has awarded a Collierville resident $140 million in punitive damages against pharmaceutical company AbbVie Inc., the plaintiff and maker of Androgel, a topical men’s testosterone replacement product the jury found caused the man to have a heart attack.

13. Developers Pull $24M Permit for Midtown Market -

Midtown Market, a mixed-use project Belz Enterprises and Harbour Retail Partners are developing at the the corner of Union Avenue and McLean Boulevard, appears set to move forward soon.

Developers have filed a $24 million building permit application for the project, which appears to be in line with a scaled-back outline of the project presented to Downtown Memphis officials earlier this year. Interim Downtown Memphis Commission president Jennifer Oswalt told The Daily News, in response to the permit, the project looks headed in the same direction as plans presented to the Center City Revenue Finance Corp. and Design Review board in February, and “we are excited that it is getting started.”

14. Law Firms Implement Initiatives, Mentoring to Retain Women Attorneys -

Although more than half of law school graduates are women, they make up only 36 percent of legal professionals, according to a 2017 report from the American Bar Association’s Commission on Women.

15. Designs for 3 Downtown Redevelopment Projects Approved -

Plans for three prominent Downtown redevelopment projects received the architectural green light Wednesday afternoon, Oct. 11, from the Downtown Memphis Commission’s Design Review Board.

Developer 495 TN Partners, which includes partners William Orgel, Jay Lindy and Adam Slovis, will be able to begin construction on Phase II of the Tennessee Brewery development at the southeast corner of Tennessee Street and Butler Avenue in the South Main Historic Arts District.

16. Collierville Man Awarded $140M in Androgel Lawsuit -

A federal jury in Chicago, Illinois, has awarded a Collierville resident $140 million in punitive damages against pharmaceutical company AbbVie Inc., the plaintiff and maker of Androgel, a topical men’s testosterone replacement product the jury found caused the man to have a heart attack.

17. Midtown Market Developers Pull $24M Building Permit -

Midtown Market, a mixed-use project Belz Enterprises and Harbour Retail Partners are developing at the the corner of Union Avenue and McLean Boulevard, appears set to move forward soon.

Developers have filed a $24 million building permit application for the project, which appears to be in line with a scaled-back outline of the project presented to Downtown Memphis officials earlier this year. Interim Downtown Memphis Commission president Jennifer Oswalt told The Daily News, in response to the permit, the project looks headed in the same direction as plans presented to the Center City Revenue Finance Corp. and Design Review board in February, and “we are excited that it is getting started.”

18. New Apartments, Offices Headed for Cooper-Young -

Two new development projects will get underway later this year along Cooper Street in Midtown, following their approval for 11-year PILOTs on Tuesday, Oct. 10.

Both projects received the payment-in-lieu-of-taxes incentives by the Downtown Memphis Commission’s Center City Revenue Finance Corp. board.

19. Steele Joins Southern Growth Studio’s Anthropology Team -

April Steele has joined Southern Growth Studio as a business anthropologist, responsible for collecting and analyzing data to evaluate existing and potential products and services. Steele’s hire comes as the Memphis-based innovation consulting firm grows its applied anthropology practice. Using qualitative social research methods like ethnography, the anthropology team steers the innovation process, conducting primary research to distill and communicate key insights to clients.

20. Outdoors Retailer REI Plans First Memphis Store -

In this week's Real Estate Recap, outdoors retailer REI eyes Ridgeway Trace for its first local store, Hilton Worldwide prepares to upgrade its Memphis campus, and several proposed Midtown projects seek financial incentives.

21. Outdoors Retailer REI Planning First Memphis Store -

5895 Poplar Ave.
Memphis, TN 38119

Permit Amount: $900,000

Owner: Weingarten Realty

Tenant: REI

Details: Seattle, Washington-based sporting and camping goods retailer REI has filed a $900,000 building permit application for tenant improvement in the former Sports Authority building at 5895 Poplar Ave. in the Ridgeway Trace shopping center.

22. Constant Aviation Inks Deal Near Airport -

Cleveland, Ohio-based Constant Aviation recently signed a lease to occupy 33,950 square feet at 3720 Distriplex Drive near the intersection of Getwell Road and Shelby Drive.

23. Connecting The Pieces -

The Pinch District – a Downtown mini-neighborhood of only a few blocks sandwiched between the Memphis Cook Convention Center, Uptown, The Pyramid and the campus of St. Jude Children’s Research Hospital – has been a neglected donut hole of development for years, as investments have poured into other areas of Downtown around it.

24. Let It Go: Stress, Finances Don’t Mix Well -

Ray’s Take: Worrying is a way that our brain prepares us for the next challenge or opportunity, and it’s healthy in low doses. But too many of us are consumed by worry, which creates stress. And stressful thinking can sabotage your finances. A 2015 study by the American Psychological Association found that money is the leading cause of stress for many Americans.

25. Pinch District Redevelopment Discussion On Tap -

The nine-block area between the Pyramid and the campus of St. Jude Children’s Research Hospital known as the Pinch District is set to be remade in transformative fashion as part of the city moving closer to its bicentennial in 2019.

26. CBRE Chosen To Lease Southwind Office Center -

Group RMC Corp., the new owners of Southwind Office Center, have tapped CBRE’s Ron Kastner and Patrick Reilly to handle leasing services for the recently acquired asset.

27. 2 Cooper St. Projects In Midtown Seek Incentives -

Two separate Midtown projects, both located on Cooper Street, are seeking 11-year tax abatements from the Downtown Memphis Commission’s Center City Revenue Finance Corp. board.

28. Amazon Planning Memphis Distribution Center, Sources Say -

Memphis is poised to land a massive Amazon distribution facility just north of the state line in Southeast Shelby County, according to multiple sources familiar with the project.

The Daily News first reported last week that Atlanta-based developer IDI Gazeley is launching a new large-scale commercial warehouse less than two miles from the Memphis International Airport, which appears to be the site that Amazon has targeted for its new fulfillment center.

29. Constant Aviation Inks Deal Near Airport -

Cleveland, Ohio-based Constant Aviation recently signed a lease to occupy 33,950 square feet at 3720 Distriplex Drive near the intersection of Getwell Road and Shelby Drive.

30. Two Midtown Projects Apply for Tax Incentives -

Two separate Midtown projects, both located on Cooper Street, are seeking 11-year tax abatements from the Downtown Memphis Commission’s Center City Revenue Finance Corp. board.

The first project, located at 663 and 673 Cooper St., is an office/residential mixed-use development submitted by filament LLC, the development wing of local architectural firm, archimania.

31. CBRE to Handle Leasing for Southwind Office Center -

Group RMC Corp., the new owners of Southwind Office Center, have tapped CBRE’s Ron Kastner and Patrick Reilly to handle leasing services for the recently acquired asset.

32. Last Word: The Amazon Offer, Mario Chalmers, The New Symphony Conductor -

If you want to figure out the rhythm of Downtown there are a couple of time-honored indicators. One of my favorites is the church bells. The bell at Calvary Episcopal Church rang 60 times Tuesday for all of the lives lost in the Las Vegas massacre including that of the shooter. Old tones for new mourning as the seasons change in our city by the river.

33. ServiceMaster Appoints Persson To Lead American Home Shield Spinoff -

The ServiceMaster spinoff of American Home Shield will be overseen by a former Ingersoll Rand executive with experience in corporate spinoffs and their development

Dion Persson has been appointed senior vice president of business development for ServiceMaster Global Holdings, the Memphis-based provider of residential and commercial services, the company announced on Monday, Oct. 2.

34. Pimento’s, Salsarita’s To Anchor New Retail Center -

Developer Kevin Hyneman will be seeking his first official green light from the Collierville Planning Commission on Thursday, Oct. 5, for a new commercial retail building at the southwest corner of Winchester and Houston Levee roads.

35. Last Word: Las Vegas React, Moral Monday, Who Pays For Beale Security? -

We open with reaction Monday to the mass shooting in Las Vegas:

Memphis Mayor Jim Strickland:

36. ServiceMaster Appoints Persson To Lead American Home Shield Spinoff -

The ServiceMaster spinoff of American Home Shield will be overseen by a former Ingersoll Rand executive with experience in corporate spinoffs and their development.

Dion Persson was appointed senior vice president of business development for ServiceMaster Global Holdings, the Memphis-based provider of residential and commercial services, on Monday, Oct. 2.

37. ServiceMaster Appoints Persson To Lead American Home Shield Spinoff -

The ServiceMaster spinoff of American Home Shield will be overseen by an Ingersoll Rand executive with experience in corporate spinoffs and their development

Dion Persson is senior vice president of business development for ServiceMaster, the Memphis-based provider of residential and commercial services announced Monday, Oct. 2.

38. GM to Offer 2 More Electric Vehicles in Next 18 Months -

DETROIT (AP) – Even though gasoline-powered SUVs are what people are buying now, General Motors is betting that electric vehicles will be all the rage in the not-to-distant future.

The Detroit automaker is promising two new EVs on Chevrolet Bolt underpinnings in the next 1 1/2 years and more than 20 electric or hydrogen fuel cell vehicles by 2023. The company sees its entire model lineup running on electricity in the future, whether the source is a big battery or a tank full of hydrogen.

39. Positive Absorption Streak Continues in Industrial Market -

For the 17th straight quarter, the Memphis area industrial market continued its positive absorption streak, as it wrapped up Q3 2017 with more than 800,000 square feet of positive net absorption, according to commercial real estate brokerage firm CBRE’s Memphis Industrial MarketView Report.

40. Trump's Health Secretary Resigns in Travel Flap -

WASHINGTON (AP) – President Donald Trump's health secretary resigned Friday, after his costly travel triggered investigations that overshadowed the administration's agenda and angered his boss. Tom Price's regrets and partial repayment couldn't save his job.

41. Hickory Hill Apartments Sell for $9 Million -

The Stonebrook Apartments, located at 6371 Winchester Road, have switched hands for $9.7 million.

42. Binghampton Group Wins $200K FreshLo Grant -

The Binghampton Development Corp. has received a two-year, $200,000 grant from The Kresge Foundation to prepare minority entrepreneurs to establish successful food businesses through food entrepreneurship training, access to commercial kitchen facilities, and small-business assistance along with their partners, EPIcenter Memphis, Caritas Village, Refugee Empowerment Program, World Relief Memphis, Wiseacre Brewing Co., Broad Avenue Arts District and Community LIFT.

43. Morris Realty, Auction Combine Forces -

Morris Realty Group and Morris Auction Group have launched a new brand identity: Morris Realty & Auction. Buyers and sellers now can access each company’s services in one place.

“In today’s marketplace, buyers and sellers desire a one-stop shop for their real estate marketing and auction needs, and Morris Realty & Auction is now positioned to offer that comprehensive experience as we drive successful results for our clients,” Jeff Morris, founder and president of Morris Realty & Auction, said in a statement.

44. IDI Planning Huge Facility Near Airport -

Atlanta-based developer IDI Gazeley appears to be planning a large-scale commercial warehouse less than two miles from the Memphis International Airport.

Located at 3292 Holmes Road, near the intersection of Holmes and Tchulahoma roads, IDI has already began moving dirt on the 139-acre site to prepare for a new commercial warehouse facility. The property is currently being marketed by Scott Pahlow with the commercial real estate advisory firm Newmark Knight Frank.

45. DHL Planning New Memphis Distribution Facility -

0 Tchulahoma Rd.
Memphis, TN 38118

Tenant: DHL Supply Chain

Landlord: Belz Enterprises

46. -

COMMERCIAL REAL ESTATE
...

47. Last Word: Haslam Talks, Harding Consolidates and Lenoir Launches -

Tennessee Gov. Bill Haslam had a bit more to say Thursday about a possible run for the U.S. Senate seat Bob Corker is leaving than the “I love my job” quote we chronicled earlier in the week that Corker quickened the pace of with his decision on re-election. Haslam says he is giving a run for the Senate serious consideration. Meanwhile, Peyton Manning is not.

48. Crosstown Crossroads -

For the past 90 years, Crosstown has seen its share of ups and downs. In the beginning, it was a shining beacon for the city’s eastward expansion; at its height, it anchored several vibrant and diverse neighborhoods; and at its lowest, Crosstown became the poster child for once-great inner-city areas of Memphis that had deteriorated.

49. Morris Realty, Auction Groups Merge Into One Company -

Morris Realty Group and Morris Auction Group have launched a new brand identity: Morris Realty & Auction. Buyers and sellers now can access each company’s services in one place.

“In today’s marketplace, buyers and sellers desire a one-stop shop for their real estate marketing and auction needs, and Morris Realty & Auction is now positioned to offer that comprehensive experience as we drive successful results for our clients,” Jeff Morris, founder and president of Morris Realty & Auction, said in a statement.

50. News Coming Soon on Sale of CA Building -

Leadership at The Commercial Appeal has told employees that the Gannett-owned paper hopes to have news by the end of the year on the sale of its building at 495 Union Ave., which was put on the market this year in tandem with a series of other cost-cutting moves.

51. Trump Says He's Not Happy With HHS Secretary Tom Price -

WASHINGTON (AP) – President Donald Trump said Wednesday he is "not happy" with Health and Human Services Secretary Tom Price following reports that Price used a private plane for official business.

52. Binghampton Group Awarded $200K FreshLo Grant -

The Binghampton Development Corp. has received a two-year, $200,000 grant from The Kresge Foundation to prepare minority entrepreneurs to establish successful food businesses through food entrepreneurship training, access to commercial kitchen facilities, and small-business assistance along with their partners, EPIcenter Memphis, Caritas Village, Refugee Empowerment Program, World Relief Memphis, Wiseacre Brewing Co., Broad Avenue Arts District and Community LIFT.

53. Velcro's Video Implores Consumers to Say 'Hook and Loop' -

CONCORD, N.H. (AP) – Lots of pop songs have hooks. This one has loops, too. Velcro Cos. this week released a music video with a message it hopes will stick as well as its products: "Don't Say Velcro."

54. County Delays Convention Center Funds -

Shelby County commissioners again delayed passage Monday, Sept. 25, of a resolution that would allow the city of Memphis to use surplus hotel-motel tax revenue for Memphis Cook Convention Center renovations.

55. Last Word: Grit & Grind As A Mindset, Sewer Retaliation and MUS & Hutchison -

More than a few bread crumbs on the direction the Fairgrounds redevelopment proposal is … well, developing after the second of three very important public forums last week by City Hall. The signs indicate a water park or surf park is highly unlikely, the gym at Maxine Smith STEAM Academy would go to open up Central Avenue frontage and a new gym built behind Kroc Center, a hotel by the Children’s Museum and the high school football field and track oval move from Central to where Libertyland used to be. And the city says none of this is set in stone even if it does show up on a tentative site plan among the exhibits last week.

56. Commission Again Delays Convention Center Hotel-Motel Tax Flow To City -

Shelby County Commissioners again delayed passage Monday, Sept. 25, of a resolution that allows the city of Memphis to use surplus hotel-motel tax revenue to go toward Memphis Cook Convention Center renovations.

57. Fairgrounds Proposal Coming Into Focus -

Aaron Shafer saw the writing on the wall, so to speak, at the second public gathering toward a redevelopment plan for the Fairgrounds last week.

58. Hickory Hill Apartments Sell for $9M -

The Stonebrook Apartments, located at 6371 Winchester Road, have switched hands for $9.7 million.

59. -

COMMERCIAL REAL ESTATE
...

60. Inside Voice -

The advertisement moves fast, even for 30 seconds. It’s got hip-hop artist Marco Pave with Grammy Award-winning producer Carlos Broady. And the message is to the point as the camera comes in close on the face of a man who says emphatically, “Don’t lose your head, use your head.”

61. New Gannett Cuts Eliminate Two More Commercial Appeal Employees -

The effects of another companywide restructuring at newspaper publisher Gannett Co. Inc. – which owns USA Today as well as The Commercial Appeal – have touched the newsroom in Memphis, following an even deeper round of local cuts earlier this year.

62. Last Word: The Brooks Question, Boyd's Answer and Tigers In the Polls -

Art as a real estate consideration. One of the more unusual of many considerations as the Brooks search for a new site – a possible new site, I should add, becomes the city’s favorite topic. So from the CRE vantage point – here are two more possible sites to think about if you haven’t already – Cossitt Library and the Fairgrounds, as well as right where it has been for the last century.

63. Gannett Cost-Cutting Again Trims Commercial Appeal Headcount -

The effects of another companywide restructuring at newspaper publisher Gannett Co. Inc. – which owns USA Today as well as The Commercial Appeal – have touched the newsroom in Memphis, following an even deeper round of local cuts earlier this year.

64. 100-Year-Old Question -

The Memphis Brooks Museum of Art was already more than 10 years old when Sears, Roebuck & Co. opened its nearby Crosstown store in 1927 and the rest of the neighborhood began to fill in, so it was shock for many Memphians to hear about the possibility of the iconic institution leaving the only home it’s ever known.

65. Germantown Medical Office Sells for $16M -

1325 Wolf Park Drive, Germantown, TN 38138

Sale Amount: $15.9 million

Buyer: Global Medical REIT

66. Pinnacle Adds Senior VPs in Memphis -

Christina Arnold and Amanda Rasmussen have joined Pinnacle Financial Partners as senior vice presidents based at Pinnacle’s Memphis main office on Quail Hollow Road.

67. Memphis Industrial Center Sells for $3.7 Million -

Boston-based real estate investment firm Plymouth Industrial REIT has expanded its local portfolio with the acquisition of a 132,000-square-foot industrial center in southeast Memphis.

In the deal, Plymouth purchased the property from Huntington Industrial Partners for $3.7 million.

68. Last Word: The Monument Letter, Soulsville Gateway and Gas Tax Hike Regrets -

The Redbirds take Game 1 of the Pacific Coast League Championship series Wednesday evening with a 6-4 win over El Paso at AutoZone Park. Game 2 is noon Thursday at B.B. King and Union.

69. SE Memphis Industrial Center Sells for $3.7 Million -

Boston-based real estate investment firm Plymouth Industrial REIT has expanded its local portfolio with the acquisition of a 132,000-square-foot industrial center in southeast Memphis.

In the deal, Plymouth purchased the property from Huntington Industrial Partners for $3.7 million.

70. Plymouth REIT Expands Memphis Portfolio -

Boston-based real estate investment firm Plymouth Industrial REIT has expanded its local portfolio with the acquisition of a 132,000-square-foot industrial center in southeast Memphis.

In the deal, Plymouth purchased the property from Huntington Industrial Partners for $3.7 million.

71. MMDC Hires Mitchell to Lead Community Development -

Memphis native Vonesha Mitchell has joined the Memphis Medical District Collaborative as program manager, community development. Mitchell’s new position rolls together several functions, including recruiting retail for vacant and underutilized storefronts, working with U3 Advisors to launch and administer the Hire Local program, developing assistance package and incentive programs, and engaging current and potential businesses in the district to understand opportunities and concerns.

72. MAAR Elects Five New 2018 Board Members -

The Memphis Area Association of Realtors elected five new members for its 2018-19 board of directors at its annual meeting Thursday, Aug. 31.

The new members include Amanda Lott and Loura Edmondson of Crye-Leike Inc. Realtors; Eric Fuhrman of Crye-Leike Commercial; Keith Gilliam of Weichert Realtors; and Grace Uhlhorn of Keller Williams Realty.

73. Sunstar Buys Insurance Assets From Simmons Bank -

Memphis-based Sunstar Insurance Group LLC has purchased the property and casualty accounts and assets from the insurance affiliates of Simmons Bank.

74. Tennessee Taco Opens in Former Los Compadres Space -

3295 Poplar Ave.
Memphis, TN 38111

75. Deciding When to Expand is Tricky For Food Industry Entrepreneurs -

Memphis historically has been a great place to birth a food business concept. From Perkins to Corky’s to Back Yard Burgers and everything in between, Memphis has seen many successful restaurant concepts expand beyond the city limits.

76. Honeywell Inks Lease At Airport Industrial Park -

Honeywell International Inc., a Fortune 100 software-industrial company based in New Jersey, has signed a lease to occupy 100,000 square feet inside the Airport Industrial Park.

77. Sunstar Buys Insurance Assets From Simmons Bank -

Memphis-based Sunstar Insurance Group LLC has purchased the property and casualty accounts and assets from the insurance affiliates of Simmons Bank.

78. House Passes Bill to Speed Deployment of Self-Driving Cars -

WASHINGTON (AP) – The House voted Wednesday to speed the introduction of self-driving cars by giving the federal government authority to exempt automakers from safety standards not applicable to the technology, and to permit deployment of up to 100,000 of the vehicles annually over the next several years.

79. Amazon Launches African-American Video-on-Demand Service -

NEW YORK (AP) – Amazon is launching Brown Sugar, a subscription video-on-demand service that features what it calls the biggest collection of the baddest African-American movies of all time.

80. Pinnacle Named Among Best Banks to Work For -

Pinnacle Financial Partners is one of the nation’s Best Banks to Work For, ranking No. 6 on the annual list compiled by American Banker magazine and Best Companies Group. It is the firm’s fifth appearance on the list.

81. Salon Nail Bar Inks 10-Year Lease in East Memphis -

Upscale salon Nail Bar has signed a 10-year lease to occupy the former Seabrook Wallcovering building purchased by Loeb Properties at 601 S. Mendenhall Road.

82. Memphis Video Company Expands U.S. Footprint -

Memphis-based video production company VIA Productions has opened a new office in Portland, Oregon, its third location in the U.S.

VIA executive producer Nathan Babian will manage the Portland office. He joined VIA in 2015 to manage its Los Angeles office when it opened, and he will continue overseeing post-production operations, primarily for commercial projects.

83. Whitehaven Boom Gets Arena Catalyst -

As she looked across Elvis Presley Boulevard from the parking lot of the new Tri-State Bank headquarters at Elvis Presley and Farrow Road last week, Memphis City Council member Patrice Robinson took in the view of the new five-bay retail strip and looked north at another new strip soon to come online, and talked about a third in the works.

84. Financial Services Firm Takes Floor in Clark Tower -

In this week’s Real Estate Recap, a financial services firm inks a full floor in Clark Tower and Crosstown High School files a $4.1 million permit to build-out space in the Crosstown Concourse for its charter school that is scheduled to open next fall. 

85. MAAR Elects Five New 2018 Board Members -

The Memphis Area Association of Realtors elected five new members for its 2018-19 board of directors at its annual meeting Thursday, Aug. 31.

The new members include Amanda Lott and Loura Edmondson of Crye-Leike Inc. Realtors; Eric Fuhrman of Crye-Leike Commercial; Keith Gilliam of Weichert Realtors; and Grace Uhlhorn of Keller Williams Realty.

86. Financial Services Firm Takes Floor in Clark Tower -

In this week’s Real Estate Recap, a financial services firm inks a full floor in Clark Tower and Crosstown High School files a $4.1 million permit to build-out space in the Crosstown Concourse for its charter school that is scheduled to open next fall. 


87. Memphis Video Company Expands U.S. Footprint -

Memphis-based video production company VIA Productions has opened a new office in Portland, Oregon, its third location in the U.S.

VIA executive producer Nathan Babian will manage the Portland office. He joined VIA in 2015 to manage its Los Angeles office when it opened, and he will continue overseeing post-production operations, primarily for commercial projects.

88. New Union Ave. Bank Branch, Whitehaven Wastewater Facility Seek Design Variances -

Pinnacle Bank is seeking a set of variances from the Memphis and Shelby County Board of Adjustment to build a new branch at the corner of Union Avenue and Rozelle Street.

89. Environmental Services Company Seeks Approval for Whitehaven Facility -

A Michigan-based environmental services company is seeking a variance with the Memphis and Shelby County Board of Adjustment to bring a wastewater reclamation and recycling facility to Whitehaven.

In its application, Valicor Environmental Services is seeking a special-use permit to allow for the refining of petroleum, liquefied petroleum gas and coal products.

90. Private Companies Drive 'New Space Race' at NASA Center -

CAPE CANAVERAL, Fla. (AP) – For the first time since the retirement of the space shuttle in 2011, NASA says it may soon have the capability to send astronauts to the International Space Station from U.S. soil.

91. Memphis Receives First Check From Airbnb -

Nationally and in Memphis, the hotel room supply, room demand, occupancy rate and average daily room rate were all on the rise year-to-date through July, pointing to a healthy market overall.

That’s according to information compiled by STR presented at the Southern Lodging Summit Wednesday morning, Aug. 30, at the Cook Convention Center in Memphis. The Southern Lodging Summit is an annual event hosted by Pinkowski & Co. and the Metropolitan Memphis Hotel and Lodging Association.

92. Sharing Their Lessons As Business Owners -

One of the reasons that Deni and Patrick Reilly’s popular Downtown restaurant The Majestic Grille has endured for 11 years is because of the way they’ve learned to adapt to the limitations of the food business.

93. Pinnacle Named Among Best Banks to Work For -

Pinnacle Financial Partners is one of the nation’s Best Banks to Work For, ranking No. 6 on the annual list compiled by American Banker magazine and Best Companies Group. It is the firm’s fifth appearance on the list.

94. Nail Bar Inks 10-Year Lease In East Memphis -

Upscale salon Nail Bar has signed a 10-year lease to occupy the former Seabrook Wallcovering building purchased by Loeb Properties at 601 S. Mendenhall Road.

95. Commission Votes Down Health Coverage Change -

Shelby County Commissioners voted down a switch Monday, Aug, 28, of the county’s health insurance administration contract from Cigna to an $11 million, two-year contract with two one-year renewal options with Aetna.

96. Last Word: After The Eclipse, A Very Large Magnet and Cyber Insurance -

Back from the eclipse it would seem. Although I’m pretty sure some part of the moon is still obscuring me. Alas, I will just have to walk around with a crescent missing here or there. Just don’t look at me directly and we will both be okay. Although you might see me wearing the Seer Sucker this week seeing as how the same laws that govern looking at the sun during an eclipse apparently apply to wearing Seer Sucker after Labor Day. It's just not done. Famous last words.

97. County Commission Votes Down Health Coverage Change -

Shelby County Commissioners voted down a switch Monday, Aug, 28, of the county’s health insurance administration contract from Cigna to Aetna in an $11 million two-year contract with two renewals of one year each.

98. Chamber Launches New Website With Contest -

The Greater Memphis Chamber has launched a new website designed to provide a more user-friendly experience with improved navigation and functionality throughout.

MemphsChamber.com, sponsored by First Tennessee, offers users from all over the world a first look at Memphis with a focus on business and talent.

99. Sneed Insurance Takes Aim at Growth Under Third-Generation Owner -

In March, Tommy Sneed Jr. bought out his father, three uncles and an aunt, and became the owner of 60-year-old Sneed Insurance.

Previously, he did not have a stake in the family business. Instead, he had gone out on his own and for four years been the owner of Sneed Insurance Advisors. That experience taught him the “grind of a startup business,” the reality of working to build it every single day, ideas always swirling, and nowhere to look but in the mirror in those moments when you have worries.

100. Boyle Insurance President Gresham A Trailblazer for Women in Industry -

In 1973, Cindi Gresham was a biology major at the University of Memphis – then called Memphis State University – when she was offered a part-time job, and later a full-time job, at a now-defunct Memphis insurance agency.