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Editorial Results (free)

1. US Durable Goods Orders Fell for First Time in 5 Months -

WASHINGTON (AP) – U.S. orders for long-lasting manufactured goods dropped in April for the first time in five months, and a key category that tracks business investment went nowhere for the second straight month.

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COMMERCIAL REAL ESTATE
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3. Medical District Apartments Sell for $5.2 Million -

A medical district apartment switches hands in a multimillion-dollar deal, a Downtown developer plans an apartment complex near FedExForum, and a California investor buys a local industrial portfolio. Details in this week’s Real Estate Recap...

4. Medical District Apartments Sell for $5.2 Million -

A 128-unit apartment high-rise in the Memphis Medical District has sold for $5.2 million.

Axon LLC, which has ownership based both in Memphis and California, bought the Park Tower Apartments, located at 57 N. Somerville St., from California-based Memphis Medical Redevelopment Group LLC.

5. County Commission to Pick Up Budget Deliberations Monday -

Shelby County Commissioners meet Monday, May 22, and take up some budget and tax items on their way to a later final approval of all budget season matters at future meetings.

Among the items on the agenda is a resolution setting a recertified Shelby County property tax rate of $4.13. The new rate would be 24 cents below the current county rate of $4.37, reflecting changes in value from the Shelby County Assessor’s 2017 countywide property reappraisal.

6. Appeals Court Strikes Down FAA Drone Registration Rule -

WASHINGTON (AP) – An appeals court on Friday struck down a Federal Aviation Administration rule that required owners of drones used for recreation to register their craft.

The ruling was a victory for hobbyists and a setback for the FAA, which cited safety concerns as it tried to tighten regulation of the fast-growing army of drone operators.

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COMMERCIAL REAL ESTATE
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8. Last Word: Carousel Preview, New Crime Stats and EDGE Does Multi-Family -

The group Friends of the Fairgrounds got together Thursday evening at the Children’s Museum of Memphis and got the first group tour of the Grand Carousel center under construction at CMOM. This is as the museum focuses more on fundraising for the $6 million project that has already raised the money for the restoration of the carousel itself and now sets about the task of paying for the building around it including a banquet hall. Here’s a look from our Facebook page with more to come on CMOM and the Fairgrounds for the Monday edition that will probably go up on line Friday.

9. Lauded Rocker Chris Cornell Killed Himself by Hanging -

DETROIT (AP) – Chris Cornell, one of the most lauded and respected contemporary lead singers in rock music with his bands Soundgarden and Audioslave, killed himself Wednesday by hanging in a Detroit hotel room, according to the city's medical examiner. He was 52.

10. Roger Ailes, Media Guru and Political Strategist, Dies at 77 -

NEW YORK (AP) – Roger Ailes, the communications maestro who transformed television news and America's political conversation by creating and ruling Fox News Channel for two decades before being ousted last year for alleged sexual harassment, died Thursday, according to his wife, Elizabeth Ailes. He was 77.

11. Faropoint Acquires Massive Industrial Portfolio for $33.1M -

Looking to continue its recent trend of bullish activity in the Memphis market, Faropoint Ventures has acquired a 1.1-million-square-foot industrial portfolio for $33.1 million. Details on that and more commercial real estate news in this week's Real Estate Recap...

12. Soulful Sounds Made in Memphis Again -

An original Stax Records sign hangs in the stairwell of the new Made in Memphis Entertainment facility as inspiration for artists and guests entering as they head up to the new company’s main offices.

13. Cai to Lead Memphis Chamber’s International Business Efforts -

Jinliang (Jin) Cai has joined the Greater Memphis Chamber as vice president of international business development. In that role, Cai will be directing efforts both to grow foreign direct investment in Memphis and Shelby County and to increase the volume of local exports to foreign markets. 

14. Last Word: "A Downward Spiral", Outdoors Pop-Up and Haslam in Raleigh -

At the end of another day of alarming news and denials from the White House, U.S. Sen. Bob Corker of Tennessee used a new phrase that has significance in a cycle of action and reaction and more action in which many of us gauge reaction by whether the person speaking has an R or a D after their name. The lines are that clearly drawn.

15. Patton & Taylor to Receive Lifetime Achievement Award -

In 1967, the Vietnam War was in full effect, the Green Bay Packers won the first ever Super Bowl and two employees of Joyner, Heard & Jones Realtors in Memphis had the idea to start their own company.

16. Last Word: Murphy's, Mount Arlington in Midtown and Surgery Open House -

Senses, the nightclub on the eastern side of the Poplar viaduct, is back. Apparently it’s been back for a little while but the top code enforcement official involved says it is news to him and may be a violation that puts this matter in Environmental Court.

17. Dozens of Countries Hit By Huge Cyberextortion Attack -

NEW YORK (AP) – Dozens of countries were hit with a huge cyberextortion attack Friday that locked up computers and held users' files for ransom at a multitude of hospitals, companies and government agencies.

18. Memphis Retail Market ‘Cautiously Optimistic’ Through First Quarter -

Despite some notable big-box bankruptcies, positive growth is still in the forecast for the rest of 2017, according to Cushman & Wakefield/Commercial Advisors’ first quarter Retail Marketbeat Report.

19. MLGW Urges Conservation In Peak Water-Use Hours -

Memphis Light, Gas and Water Division is voluntarily requesting commercial, industrial and residential customers, primarily in southwest Memphis, to conserve water during the peak water usage hours of 5 a.m. to 9 a.m. and 6 p.m. to 10 p.m. as maintenance work continues at its Davis Water Treatment Plant this week.

20. Blight Summit to Mark Progress, Challenges -

When the leaders of the city’s anti-blight effort gather at Clayborn Temple for their second annual summit Wednesday, May 17, on the next block south of the church will be an example of work still to be done.

21. Last Word: Deeper on Beale, End of Session and Johnny Mathis -

Beale Street keeps its cover charge on Saturday nights during its Memphis In May peak. But the district has some complex questions to resolve about its future and who controls that future. If that wasn’t evident before, it became apparent at City Hall Tuesday. It wasn’t the council action on the Beale Street Bucks program that was significant as much as it was the council’s discussion.

22. Faropoint Acquires Massive Industrial Portfolio for $33.1M -

Looking to continue its recent trend of bullish activity in the Memphis market, Faropoint Ventures has acquired a 1.1 million-square-foot industrial portfolio for $33.1 million.

The seller was Greenfield Partners LLC, a Connecticut-based private equity firm. 

23. 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...

24. MLGW Urges Conservation During Peak Water Use Hours -

Memphis Light, Gas and Water Division is voluntarily requesting commercial, industrial and residential customers, primarily in southwest Memphis, to conserve water during the peak water usage hours of 5 a.m. to 9 a.m. and 6 p.m. to 10 p.m. as maintenance work continues at its Davis Water Treatment Plant this week.

25. 5 Things to Watch in Public Records Policies -

To influence government, citizens must have access to information.

An important safeguard to that access is Tennessee’s public records law.

To encourage compliance, a new law requires every government entity in the state to establish a public records policy by July 1.

26. Last Word: Railgarten Redux, Raleigh Springs Mall and Forrest Author Speaks -

Railgarten II, Son of Railgarten, Railgarten, Beyond the Board of Adjustment, Railgarten, Enter The City Council … Take your pick of sequel titles. Railgarten goes back to the City Council Tuesday for at least a committee discussion in which the council considers whether it should take back the special use permit it granted the bar-restaurant. This is a follow up to the Board of Adjustment decision last month to delay any action on approving the other annexes of the business for 30 days.

27. After More Than 70 Years, Colliers Continues to Pay it Forward -

In 1946, a small real estate company called Wilkinson & Snowden Inc. took root in Memphis as many of the city’s post-war expansion projects were just getting started. And though the names and faces have changed several times over the years, the culture of the company largely has remained intact for more than 70 years.

28. Raleigh Springs Town Center ‘On Track and On Budget’ -

It’s the end of an era with the final demolition of Raleigh Springs Mall underway, and city and community leaders hope it’s the beginning of a brighter future with the much-anticipated Raleigh Springs Town Center set to rise in its place.

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EMPHASIS Commercial Real Estate
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30. Last Word: RiverPlay, New City Property Tax Rate and House Republican Rift -

The Memphis In May International Festival arrives Friday with the Beale Street Music Festival and hopefully with warmer temperatures than the Thursday chill. Meanwhile, RiverPlay, the conversion of Riverside Drive between Jefferson and Court to a pop-up park linking up Memphis and Mississippi River Parks, makes its debut Friday afternoon.

31. Commercial Appeal Changes Continue as Editor Signals Departure -

For a little over a month now, it’s seemed as though almost as soon as one significant change materializes at The Commercial Appeal, another follows close behind.

Just in recent days alone, the CA’s union has launched new actions against the paper – for a total of three actions now pending – related to its latest round of layoffs. Meanwhile, CA editor Louis Graham announced Wednesday, May 3, he’s stepping down to take a job as the executive director of enterprise content at ALSAC.

32. Last Word: Three Gs React, More CA Changes and the Forrest Controversy Defined -

The day after Germantown leaders offered his school system $25 million for Germantown Elementary, Middle and High Schools, SCS superintendent Dorsey Hopson was fielding calls from parents of students at the schools – the “three Gs” as they are known.

33. Luttrell Shuns Tax Cut In Proposed $1.2B Budget -

Shelby County Mayor Mark Luttrell has taken a $1.2 billion consolidated county government budget proposal to the Shelby County Commission that would maintain a stable property tax rate but shift a part of the tax rate to establish a capital projects pay-as-you-go fund.

34. Luttrell Proposes $1.2 Billion County Budget with Stable Tax Rate -

Shelby County Mayor Mark Luttrell has taken a $1.2 billion consolidated county government budget proposal to the Shelby County Commission that would maintain a stable property tax rate but shift a part of the tax rate to establish a capital projects pay-as-you go fund.

35. ServiceMaster Endows U of M Anthropology Fellowship -

Memphis-based ServiceMaster Global Holdings Inc. has endowed a design and ethnography fellowship at the University of Memphis with a multiyear, $42,000 grant.

36. Concourse Job Fair Gets Good Reviews from Employers -

Christene Arnold retired from a local hospital last June, a decision she says wasn't entirely her choice.

Now, she gets by on Social Security and a small pension, but for some months, that's just not enough.

37. Commercial Bank & Trust Taps Community President -

Commercial Bank & Trust Co. has tapped Andrea Gladney as its new community president for the Memphis market.

38. Bankers Association General Counsel to Depart -

Tim Amos, the Tennessee Bankers Association general counsel who’s well-known among bankers, legislators and the legal community across the state, is leaving the group after nearly 33 years.

39. Q&A: Triumph Bank CEO Recaps 2016 -

At Triumph Bank’s annual meeting of shareholders in recent days, bank executives offered a recap of what turned out to be another strong year.
Loans were up 4.5 percent. The bank’s mortgage division saw a nearly 28 percent increase in income. Triumph also opened a new lending center in East Memphis, consolidating staff and finding new efficiencies and a faster way to do business.
Triumph Bank CEO Will Chase sat down with The Daily News to talk about what’s behind the bank’s recent results and its plans for the future.

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41. FTB Advisors’ Chief Investment Officer: Block Out Noise; When in Doubt, Hold -

Gerald W. Laurain is chief investment officer at FTB Advisors Inc., a subsidiary of First Tennessee Bank. He oversees a large number of financial advisers that work with individual and corporate clients.

42. Commercial Bank and Trust Names Community President -

Commercial Bank and Trust Co. has tapped Andrea Gladney as its new community president for the Memphis market.

43. Longtime Bankers Association General Counsel to Depart -

Tim Amos, the Tennessee Bankers Association general counsel who’s well-known among bankers, legislators and the legal community across the state, is leaving the group after nearly 33 years.

44. ServiceMaster Q1 Income Holds Steady; IP Profits Drop -

A pair of Memphis-based corporations – ServiceMaster Global Holdings and International Paper Co. – posted first-quarter numbers Thursday, April 27, that reflect ongoing changes at both.

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

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

46. Cargill, Calysta Break Ground on Presidents Island Facility -

NouriTech, a joint venture between Cargill and Calysta, broke ground on its new 37-acre Presidents Island gas fermentation facility, which will be the world’s largest upon completion.

At the facility, NouriTech will produce FeedKind, a sustainable commercial source of protein to be used for fish, livestock and pets.

47. City of Memphis Budget Could Face Bumpy Road -

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

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

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

49. Influencer Marketing To Dominate in 2017 -

I am part of Generation X – the last generation that ever scheduled their childhood evenings around when a beloved TV program was set to air. It was a time when television created celebrities that brands coveted as spokespeople to promote their products. Think of Michael Jordan for Nike, Suzanne Somers for the ThighMaster or Michael Jackson for Pepsi.

50. Council to Consider Plans, Raises, ‘Basics’ in Strickland's Budget -

In his second budget presentation as Memphis mayor Tuesday, April 24, expect Jim Strickland to continue to talk about city government being “brilliant at the basics.”

51. Plans For Cement Silos On River Withdrawn -

Plans for two 145-foot tall dry cement storage silos at the foot of the Mississippi River where Chickasaw Heritage Park and the National Ornamental Metal Museum sit atop the bluff have been withdrawn by the applicant, American Commercial Barge Line.

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

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

53. Plans For Cement Silos On Riverside Withdrawn -

Plans for two 145-foot tall dry cement storage silos at the foot of the Mississippi River where Chickasaw Heritage Park and the National Ornamental Metal Museum sit atop the bluff have been withdrawn by the applicant, American Commercial Barge Line.

54. Our Best Point of View -

Editor’s note: At press time, The Daily News learned a proposal to construct two silos on the riverfront was withdrawn from the Board of Adjustment agenda.

WE DON’T JUST LOSE THE VIEW – WE LOSE THE VISION. My father had an interesting theory about Memphis expansion. Even though the most beautiful rolling land in Shelby County is north, Memphis expanded east. Dad said that was because industry was oriented to the river from the beginning, and a state line was just south, so, “they put all the crap along the river mostly north, and nobody wants to drive through all that to get to the office.”

55. Last Word: Data Night at the Forum, Passing Gas and Graceland's Las Vegas Exit -

It’s a $30,000 fine, about $5k more than expected by most. And Grizz players say they will chip in to pay the fine the NBA levied on coach David Fizdale for his epic rant on the officiating in Game 2 of the playoff series between the Grizz and the Spurs.

56. Plans Withdrawn for Riverside Dry Cement Silos -

Plans for two 145-foot tall dry cement storage silos at the foot of the Mississippi River bluff where Chickasaw Heritage Park and the National Ornamental Metal Museum sit atop the bluff have been withdrawn by American Commercial Barge Line.

57. East Memphis Office Sells for $17 Million -

6055 Primacy Pkwy.
Memphis, TN 38119

Sale Amount: $17 million 

Sale Date: April 11, 2017

58. Memphis Office Market Off to Good Start -

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

59. Commission Draws Brighter Line on Surplus Use -

Shelby County commissioners set the tone for the upcoming county government budget season Monday, April 17, by approving a refinancing of county debt with up to $120 million in bonds over time.

The refinancing draws a line between the administration of Mayor Mark Luttrell and commissioners over the use of county surpluses.

60. RegionSmart Speaker to Highlight Suburban Retrofitting -

Redevelopment is a ubiquitous term in Memphis right now. Major projects such as the Crosstown Concourse and ServiceMaster’s new headquarters are located well within the city limits, but according to Ellen Dunham-Jones, that is only just one piece of the puzzle.

61. First Budget Moves, Minority Business Measures Top Commission Session -

Shelby County Commissioners set the tone for the upcoming county government budget season Monday, April 17, with approval of a refinancing of county debt with up to $120 million in bonds over time.

62. First Budget Moves, Minority Business Measures Top Commission Session -

Shelby County Commissioners set the tone for the upcoming county government budget season Monday, April 17, with approval of a refinancing of county debt with up to $120 million in bonds over time.

63. Defining the Basics: Bike Lane Expansion -

Our current administration’s platform desires to be brilliant at the basics, but what is the definition of basic?

“Basic” is not merely the ability to reduce crime, provide sanitation services or put out fires; in today’s world, it means more than that. The basics are the acceptable standard of living in a large metropolitan city.

64. Guest Column: Defining the Basics – Bike Lane Expansion -

Editor’s note: Voice your opinion on Memphis’ proposed repaving and bike lane by taking the city’s online survey by 11:59 p.m. Monday, April 17.

65. 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.

66. Racist Phone Tirade Prompts Reactions, Denials -

A recorded racist telephone tirade purportedly by a former membership programs and services director of the Greater Memphis Chamber and her husband directed at the staff of a restaurant in Turks & Caicos went viral Friday, April 14, a week ahead of the chamber’s announcement of a new minority business effort.

67. Racist Phone Tirade Prompts Reactions, Denials -

A recorded racist telephone tirade purportedly by a former membership programs and services director of the Greater Memphis Chamber and her husband directed at the staff of a restaurant in Turks & Caicos went viral Friday, April 14, a week ahead of the chamber’s announcement of a new minority business effort.

68. Racist Phone Tirade Prompts Reactions, Denials -

A recorded racist telephone tirade purportedly by a former membership programs and services director of the Greater Memphis Chamber and her husband directed at the staff of a restaurant in Turks & Caicos went viral Friday, April 14, a week ahead of the chamber’s announcement of a new minority business effort.

69. Racist Phone Tirade Prompts Reactions, Denials -

A recorded racist telephone tirade purportedly by a former membership programs and services director of the Greater Memphis Chamber and her husband directed at the staff of a restaurant in Turks & Caicos went viral Friday, April 14, a week ahead of the chamber’s announcement of a new minority business effort.

70. Setting New Tax Rate After Reappraisal Becomes ‘Moving Target’ -

For local government leaders, the 2017 countywide property reappraisal is about resetting the property tax rate for Shelby County government and all seven of the cities and towns within the county.

71. Setting New Tax Rate After Reappraisal Becomes ‘Moving Target’ -

For local government leaders, the 2017 countywide property reappraisal is about resetting the property tax rate for Shelby County government and all seven of the cities and towns within the county.

72. Setting New Tax Rate After Reappraisal Becomes ‘Moving Target’ -

For local government leaders, the 2017 countywide property reappraisal is about resetting the property tax rate for Shelby County government and all seven of the cities and towns within the county.

73. Setting New Tax Rate After Reappraisal Becomes ‘Moving Target’ -

For local government leaders, the 2017 countywide property reappraisal is about resetting the property tax rate for Shelby County government and all seven of the cities and towns within the county.

74. Setting New Tax Rate After Reappraisal Becomes ‘Moving Target’ -

For local government leaders, the 2017 countywide property reappraisal is about resetting the property tax rate for Shelby County government and all seven of the cities and towns within the county.

75. Butler Snow's Commercial Litigation Group Grows -

The Memphis office of Butler Snow LLP has added three attorneys to its commercial litigation group.

Clifton Lipman, Robert Crawford and Michael Less are the latest attorneys to join the full-service law firm in recent months.

76. Events -

The Dunavant Public Servant Awards luncheon, co-sponsored by The Rotary Club of Memphis East and The Daily News, will be held Tuesday, April 18, from 11:30 a.m. to 1 p.m. at the Hilton Memphis, 939 Ridge Lake Blvd. Awards will be presented to Collierville Mayor Stan Joyner and Memphis Public Library & Information Center director Keenon McCloy, and U.S. Sen. Bob Corker will give the keynote. Tickets are $50. Call 901-754-1615 or email lmhughes@costconsulting.net.

77. Editorial: Property Reappraisals Soar After Recession -

Shelby County’s most recent property reappraisals have caused a lot of sticker shock. Residential property values have risen an average of 10 to 13 percent countywide, and some homeowners have even seen increases of 25 or 30 percent in the taxable value of their homestead.

78. Tax Man Cometh -

After years of lagging behind other parts of the county, Memphis’ real estate market is finally coming into its own. But with a strong market comes an increase in property values, which in turn leads to higher taxes.

79. Last Word: Derailed, The View From Pyramid Harbor and New History -

“Do Not Occupy” notices posted Thursday afternoon on most but not all of the newly-opened Railgarten complex on Central Avenue east of Cooper in Midtown. Local code officers acted after questions about whether the owners of the complex had approval for intermodal containers being used as part of the structure. The restaurant part of the structure in what was once an ice house remains open. There was already a lot of grumbling from neighbors about the music volume and late hours as well as parking for the development

80. Events -

SRVS Kids & Families will host the 21st annual 5K Bunny Run and 1-mile Family Fun Run/Walk on Saturday, April 15, at 9 a.m. at Independent Presbyterian Church, 4738 Walnut Grove Road. Registration begins at 7:30 a.m. The event includes a visit by the Easter bunny, egg hunt, music, food trucks and more. Visit bunnyrun.racesonline.com for registration fees and information.

81. Memphis’ Political History Reflects Changes With New Entries -

There was a moment during the March unveiling of former Mayor A C Wharton Jr.’s portrait in the Hall of Mayors when the task of framing history gave way to the present.

It came when attorney Ricky E. Wilkins talked about the importance of Wharton and his predecessor, Willie Herenton – the only two black mayors in Memphis history – to the city’s political present. Wharton attended the event; Herenton was noticeably absent.

82. First Horizon Reports Busy, Profitable First Quarter -

First Tennessee Bank’s parent company kicked off 2017 with a busy first quarter, a period in which the company saw net income growth of 13 percent, an improvement in deposits and loans, a 29 percent boost to its dividend and the closing of a key acquisition.

83. East Memphis Office Sells for $17M -

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

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

84. Butler Snow Grows Its Commercial Litigation Group -

The Memphis office of Butler Snow LLP has added three attorneys to its commercial litigation group.

Clifton Lipman, Robert Crawford and Michael Less are the latest attorneys to join the full-service law firm in recent months.

85. Z-Muffins Raise Lilee’s Gourmet Business -

Just in time for National Zucchini Bread Day on April 25, locally owned Lilee’s Gourmet Bakery is expanding into more Memphis-area retail locations. The fresh food bakery’s staple – zucchini bread muffins, or “Z-muffins” – are now sold in 18 area Kroger stores as well as Miss Cordelia’s Grocery, the Curb Market, Cash Savers, Superlo, Whole Foods and Fresh Market.

86. Last Word: Busy Council Day, County Property Tax Cut Call and Gas Tax Vote Nears -

The Lawsons – K.J. and Dedric – are on their way to Kansas after leaving University of Memphis basketball they announced Monday. And Markell Crawford confirmed Monday that he will be transferring too. Crawford is the sixth Tiger player to head for the door since the season’s end. What will Tigers basketball look like by the next season?

87. Butler Snow Grows Commercial Litigation Group in Memphis -

The Memphis office of Butler Snow LLP has added three attorneys to its commercial litigation group.

Clifton Lipman, Robert Crawford and Michael Less are the latest attorneys to join the full-service law firm in recent months.

88. Memphis Industrial Market Continues Strength in Q1 -

The Memphis area industrial real estate market closed the first quarter with positive net absorption, a strong start to 2017 that builds on a nearly four-year streak.

The market closed with 1.3 million square feet of positive net absorption and a total vacancy rate of 8 percent, according to commercial real estate company CBRE’s Q1 2017 Memphis Industrial MarketView report. It is the 15th consecutive quarter the market has closed with positive net absorption.

89. Lenoir Calls for Property Tax Cut Beyond New Certified Tax Rate From Reappraisal -

Shelby County Trustee David Lenoir says there should be a cut in the county property tax rate beyond the new certified property tax rate to be set as a result of the 2017 countywide property reappraisal.

90. Oden to Rehab Building Downtown for New HQ -

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

91. Memphis Open Tennis Tournament Reportedly Leaving for New York -

The headline at memphisopen.com is now ominous: “2017 Memphis Open Concludes” originally meant that this year’s tournament was done, that Ryan Harrison had won the title in February at The Racquet Club. But on Friday, April 7, news broke that the tournament was leaving for Long Island, N.Y.

92. Task Force Backs 3 De-Annexations, 3 Referendums -

A task force on de-annexation is recommending referendums in three recently annexed areas of Memphis, an automatic de-annexation of three other sparsely populated areas on the city’s borders and keeping a part of Raleigh proposed by Memphis Mayor Jim Strickland for de-annexation.

93. Memphis Industrial Market Continues Positive Trend in 2017 -

The Memphis area industrial real estate market closed the first quarter with positive net absorption, a strong start to 2017 that builds on a nearly four-year streak.

The market closed with 1.3 million square feet of positive net absorption and a total vacancy rate of 8 percent, according to commercial real estate company CBRE’s Q1 2017 Memphis Industrial MarketView report. It is the 15th consecutive quarter the market has closed with positive net absorption.

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95. Accelerator Programs Keep Memphis Starting Up -

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

96. De-Annexation Task Force Recommends 3 Referendums, 3 Automatic De-Annexations -

A task force on de-annexation is recommending de-annexation of three recently annexed areas of Memphis, an automatic de-annexation of three other sparsely populated areas on the city’s borders and keep a part of Raleigh proposed by Memphis Mayor Jim Strickland for de-annexation in the city of Memphis.

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

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

98. Oral Chemo Bill Heading for House Vote as Big Pharma Watches -

Despite objections to a pharmaceutical reporting requirement, a House committee passed legislation Tuesday, April 4, designed to make oral chemotherapy medication more affordable.

By a 16-2 vote, the House Insurance and Banking Committee approved legislation sponsored by Rep. William Lamberth prohibiting an insurance provider from requiring a higher insurance co-payment for oral anti-cancer medication than for injected chemotherapy medication. The measure moves next to the Calendar & Rules Committee and then the House floor.

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

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

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

100. Earth Day Every Day: April Brings 30 Days of Memphis Clean-Up Efforts -

On one hand, the Greater Memphis Chamber’s Memphis Clean by 2019 moon mission seems daunting. The goal is to restore the city’s status as the cleanest city in the U.S. by 2019, when Memphis celebrates its bicentennial.