Editorial Results (free)
1. LA Fitness Eyes Collierville, Urban Village Moves Ahead
- Thursday, January 12, 2017
1048 W. Poplar Ave.
Collierville, TN 38017
Sale Amount: $3.7 million
Sale Date: Jan. 5, 2017
Buyer: Fitness International LLC
2. Comedian Michael Jr. Bringing Clean Humor to Memphis Church
- Friday, January 06, 2017
Comedian Michael Jr. is talking about a trip to the mall and seeing a guy wearing a T-shirt that reads: “If you don’t speak English, leave the country.”
Pause … “It was written in English,” Michael Jr. says on stage, and the laughs start to tumble like dominoes. “So I went up to him and said, ‘You’re dumb.’ But I said it in Spanish.”
3. Last Word: Change at the Top, Legislature New Year's Resolution and Election Selfies
- Thursday, December 29, 2016
It’s the Grizz and the Thunder Thursday at the Forum followed by the Tigers and South Carolina at the Forum Friday. And yes there are still people in town watching football. They are here for the AutoZone Liberty Bowl earlier in the day Friday between Georgia and TCU. You should join them.
4. Reid Inaugurated as President Of WestTNHBA Board
- Wednesday, December 28, 2016
James Reid, president of Memphis-based homebuilder Reid Homes Inc., has been inaugurated as board president of the West Tennessee Home Builders Association. Reid previously served as the 2016 vice president of the WestTNHBA executive committee and chairman of the 2016 VESTA Home Show.
5. Transnetyx Thriving in Testing World for ‘the Smart People’
- Thursday, December 01, 2016
Bob Bean was an unlikely co-founder of the world’s first fully automated mouse genotyping firm. He earned an undergraduate degree in music at the University of South Carolina and then went to Southwestern Baptist Theological Seminary.
6. Last Word: Fires In the East, Corker at Trump Tower and The Toll of the Cure
- Tuesday, November 29, 2016
As our week here began very windy and very rainy with clouds all day Monday, there was a different kind of overcast day unfolding in East Tennessee. And by the time of this post the National Guard was patrolling parts of Gatlinburg and Pigeon Forge where wildfires had forced evacuations of both towns – all of Gatlinburg and Pigeon Forge, according to the city manager of Pigeon Forge.
7. Veterinarian Dr. Barden Greenfield Finds Calling as Pet Dentist
- Saturday, November 26, 2016
Dr. Barden Greenfield was rolling along with his private veterinary practice, happy enough in his work, but also wondering what the rest of his career might hold.
“A veterinarian, or anybody, can hit a mid-journey slump,” Greenfield said. “I didn’t want that to happen. So when I learned that seven of 10 dogs and cats over age 3 have periodontal disease, I realized that pets need dentists, too.”
8. New Houston Levee Community Center Sees the Real-Life Needs in Cordova
- Thursday, November 10, 2016
When Tonya Bradley was an executive with the Mid-South Food Bank she saw time and again that hunger didn’t respect people’s stereotypes or ZIP codes, that families anywhere in the Memphis area could find themselves in a tough position.
9. Ikea Prepares To Join Retail Landscape In Cordova
- Friday, November 04, 2016
The marketplace section of the Ikea Memphis store is still a work in progress six weeks from its Dec. 14 opening.
Shelves are awaiting items in the home organization and storage area. The same is true in the home decoration area. LED fixtures are in place in the lighting area.
10. ‘Purple Night’ Showcases Pancreatic Cancer Fight
- Friday, October 14, 2016
With a disease as deadly as pancreatic cancer, it’s important to call attention to and support research advances, in addition to giving stakeholders and patients an opportunity to network, learn from and lean on each other.
- Wednesday, May 18, 2016
Job Fair and Educational Summit for U.S. Veterans and People Living With Disabilities will be held Wednesday, May 18, from 9 a.m. to 2 p.m. at the Kroc Center, 800 East Parkway. Meet with more than 50 local employers along with 30 community services and training providers. Breakout sessions from 10 a.m. to 2 p.m. will cover interviewing tips, job preparedness skills and lifestyle issues. Cost is free. For more information, call 901-636-7940, 901-438-0412 or 901-726-6521.
- Tuesday, May 17, 2016
Start Co. will offer small-business mentoring sessions Tuesday, May 17, from 2 p.m. to 6 p.m. at the Benjamin L. Hooks Central Library, 3030 Poplar Ave. This free program offers one-on-one counseling about starting or managing a small business. Visit memphislibrary.org for details.
13. SCS Board Eyes Three Charter School Closings
- Thursday, April 28, 2016
Shelby County Schools board members voted Tuesday, April 26, to close three Memphis charter schools performing in the bottom 5 percent of all schools statewide in terms of student achievement.
And the board set in motion a series of public hearing on closing two conventional high schools – Northside and Carver – as well as the Messick Adult Center.
14. Luttrell Wants to Bridge Urban-Rural Divide
- Thursday, April 14, 2016
U.S. Rep. Steve Cohen knows the signs of someone making the transition to running for Congress.
So when he and Shelby County Mayor Mark Luttrell spoke at the March 31 opening of Moore Tech’s new welding school, Cohen watched closely as Luttrell began talking about the lack of workforce training and questioned the old Shelby County Schools slogan of “every child college bound.”
15. Stacks Named CEO of Signature HealthCARE
- Wednesday, November 11, 2015
Michael Stacks has joined Signature HealthCARE at St. Francis as its CEO, where he’s responsible for day-to-day operations. Stacks, a U.S. Army veteran, most recently served as executive director of Allenbrooke Nursing & Rehabilitation Center in Memphis and Scenic Nursing & Rehabilitation Center in Herculaneum, Mo.
16. Airbnb Provides Options to Memphis Homeowners, Guests
- Friday, September 25, 2015
It all began for Marilyn White over phone conversations with a close friend back home in Buffalo, N.Y.
17. UTHSC Pulls $20 Million Permit to Build Simulation Center
- Monday, September 07, 2015
26 S. Dunlap St.
Memphis, TN 38103
Permit Amount: $20 million
Permit Date: Applied August 2015
Owner/Tenant: The University of Tennessee
Contractor: Flintco Inc.
Details: The University of Tennessee Health Science Center is preparing for more construction as part of its campus overhaul.
18. County Commission Votes on Hiring Attorney in Schools Funding Lawsuit
- Monday, August 24, 2015
Shelby County Commissioners vote Monday, Aug. 24, on hiring an attorney to be the body’s special counsel in a statewide education funding lawsuit.
The commission specifically votes on hiring the law firm of Lewis Brisbois Bisgaard and Smith LLP to represent and advise it “on adequate and equitable school funding from the state of Tennessee.”
19. You Gave Me Shelter
- Wednesday, July 22, 2015
It was 1997 and Robert Oliver was addicted to crack cocaine, living a lonely life on the mean streets of Memphis.
20. Michigan Investor Pays $7.5 Million for Hickory Hill Apartments
- Tuesday, June 23, 2015
5995 Waterstone Oak Way
Sale Amount: $7.5 million
Sale Date: June 11, 2015
Buyer: RoCo-Lakes LLC
Seller: RRE Waterstone Holdings LLC
Loan Amount: $6.2 million
Loan Date: June 11, 2015
Maturity Date: June 11, 2017
Lender: Keybank NA
Details: RoCo-Lakes LLC, a Michigan limited liability company, purchased two parcels comprising The Lakes at Ridgeway Apartments on June 11.
21. More Tax Incentive Changes Likely
- Monday, February 09, 2015
Shelby County Mayor Mark Luttrell made the argument last week in his State of the County speech that local economic development and economic recovery is not the singular pursuit of jobs.
22. Commission Approves Greenline Contracts
- Saturday, December 13, 2014
Shelby County Commissioners approved a contract Monday, Dec. 8, buying the section of the old CSX rail line from Mullins Station Road to the old Cordova train station for $2.5 million and a companion contract to build a 4.1-mile-long extension of the Shelby Farms Greenline on it for $2.2 million.
23. Commission Approves Greenline Contracts
- Wednesday, December 10, 2014
Shelby County Commissioners approved a contract Monday, Dec. 8, buying the section of the old CSX rail line from Mullins Station Road to the old Cordova train station for $2.5 million and a companion contract to build a 4.1-mile-long extension of the Shelby Farms Greenline on it for $2.2 million.
24. Commission Approves Graceland Plan, Delays Fairgrounds TDZ
- Tuesday, December 09, 2014
Shelby County Commissioners approved the Graceland economic impact plan Monday, Dec. 8, the last local hurdle for a plan that includes the construction of a 450-room hotel and a later phase transforming the Graceland Plaza area across Elvis Presley Boulevard from the Graceland mansion.
25. Fairgrounds Plan Could Be Tied to Schools
- Monday, December 08, 2014
Shelby County Commissioners are scheduled to vote Monday, Dec. 8, on a contract with city government that is critical to the city advancing its long-held plans for a renovation of the Mid-South Fairgrounds.
26. McNeill Seeks Permits for Germantown Medical Offices
- Tuesday, October 07, 2014
1432 Kimbrough Road and 1468 Kimbrough Road
Germantown, TN 38138
Project Cost: $2.6 million
27. Active Community Keeps Sports Medicine Busy
- Saturday, September 27, 2014
George Hernandez is not only the CEO of Campbell Clinic, he’s a client.
An avid runner, Hernandez was doing a trail marathon last winter. Conditions were rainy, cold and windy. Worst of all, there were wet leaves underfoot covering protruding tree roots.
28. Sharpe, HealthNet Find Success in Changing Industry
- Saturday, September 13, 2014
As banking has changed in recent years, it’s caused consumers to take another look at the conventional wisdom – including coming to the realization that banking is not limited to, well, banks.
Credit unions tend to be overshadowed by their more traditional brethren, but they generally provide the same services in a way that consumers probably couldn’t even spot the differences between those firms and larger, traditional banks.
29. High-Flying Vols Can’t Overlook Arkansas State
- Saturday, September 06, 2014
KNOXVILLE – You had to be hiding under a rock not to hear the buzz this week about the University of Tennessee’s football team.
One person not reveling in the Vols’ 38-7 season opening victory over Utah State on Sunday night was UT coach Butch Jones.
30. Couple Find Business Love in Cordova Thrift Store
- Monday, May 05, 2014
Keith and Carol Choukalas had fallen in love. Not with each other – that was old business, happened years ago – but with Murray, Ky., home of Murray State University.
They had sent two of their children to MSU and they had a dream of moving to Murray, finding a business to buy, and living out the rest of their days near the lake. They had even bought a house.
31. No Annexation Declaration Directs New Path
- Tuesday, April 29, 2014
In seven words last week, Memphis Mayor A C Wharton Jr. got the attention of hundreds of planners who gathered in the city for the “Memphis Boot Camp,” a summit of sorts toward the idea of changing the city’s philosophy and approach to community development and economic development.
32. I Choose Memphis: Jittapong 'JT' Malasri
- Monday, April 28, 2014
“I Choose Memphis” spotlights Memphians who are passionate about calling this community home. New Memphis Institute provides the profiles.
Name: Jittapong “JT” Malasri
33. Loeb Midtown Center Now Fully Leased
- Friday, April 11, 2014
Loeb Properties’ Belvedere Collection on Union Avenue in Midtown is 100 percent leased.
Agilitas USA Inc., operating as Results Physiotherapy, signed a new lease for 2,280 square feet in Suites 105-106 at the retail strip center.
34. Restivo Group Moves to New Midtown Digs
- Friday, April 04, 2014
The Restivo Group Realtors has expanded into new offices at 1861 Madison Ave. in the landmark Gilmore Building.
35. Cordova Parents Question Attendance Zone Changes
- Monday, March 10, 2014
Parents in Cordova are used to the complexities of school system boundaries. They’ve lived with them for years, with part of the area within the city of Memphis and the other part in unincorporated Shelby County.
36. SCS Attendance Zone Proposal Affects 7,000 Students
- Thursday, February 20, 2014
Shelby County Schools board members got their first detailed look Wednesday, Feb. 19, at a set of more than two dozen changes in student attendance zones in the 2014-2015 school year that could affect nearly 7,000 students in the school system.
37. Finding ‘Delicate Balance’
- Wednesday, January 29, 2014
Memphis Mayor A C Wharton Jr. leaned heavily on reality and the practical in a State of the City address Wednesday, Jan. 29, at the University of Memphis Cecil C. Humphreys School of Law.
“We have the responsibility of balancing the expectations of our citizens versus the bottom line of our budget,” Wharton told an audience of several hundred, including city division directors and those in agencies working with the city. “We must strike the delicate balance of our affairs that is based in realism and pragmatism. This is important because ultimately the numbers that define our budget are real. The decisions that have the most positive impact are practical, and the work we have to do cannot wait.”
38. KBM Group Growing at Clark Tower
- Friday, January 17, 2014
A digital marketing agency is expanding at Clark Tower in East Memphis.
KBM Group, which is part of Wunderman/WPP, one of the world’s largest marketers, is expanding at Clark Tower less than a year after moving into the East Memphis office building, 5100 Poplar Ave.
39. Collierville Fred’s Sells for $1.5 Million
- Tuesday, January 14, 2014
450 U.S. 72
Collierville, TN 38017
Sale Amount: $1.5 million
Sale Date: Dec. 20, 2013
Buyer: Collierville Realty Holdings LLC
Seller: Washington Square Properties (a Tennessee general partnership composed of Thomas W. Taylor, trustee of the Thomas W. Taylor Revocable Living Trust dated April 27, 2000, and Thomas W. Hart)
Loan Amount: $793,000
Loan Date: Dec. 20, 2013
Maturity Date: Dec. 20, 2016
Lender: First Capital Bank
Details: The 19,152-square-foot fred’s retail store at 450 U.S. 72 in Collierville has sold for $1.5 million.
40. On the Border
- Saturday, January 11, 2014
The first attendance zone maps and details about where school children in Cordova might go to school this coming August was the dominant topic of discussion when the Cordova Leadership Council held a town hall meeting late last year.
41. Legislature to Explore Annexation Votes
- Tuesday, August 13, 2013
The Tennessee legislature has put a moratorium on annexations, and even if the moratorium wasn’t in place, the Memphis City Council hasn’t been anxious to annex any territory beyond South Cordova for several years.
42. Council to Tackle Budget Leftovers
- Tuesday, July 02, 2013
Meeting for a third consecutive Tuesday, Memphis City Council members take up a few budget leftovers Tuesday, July 2, but also get to some items delayed because of the unusual budget deliberations.
43. Loeb Enjoying Strong Demand in East Memphis
- Friday, June 28, 2013
Pomp & Poise, a new gift store concept specializing in home and garden items, has signed a new lease at Park Place Center.
Pomp and Poise will occupy 1,400 square feet at the East Memphis retail center at the southwest corner of Park Avenue and Ridgeway Road.
44. Medlock Takes Talents From Soccer Field to Courtroom
- Thursday, May 16, 2013
After graduating from Germantown High School, Steven Medlock left Memphis for the bluegrass of Western Kentucky University.
45. New York Company Buys Country Squire for $49.2 Million
- Tuesday, April 09, 2013
8056 Country Squire Lane Cordova, TN 38018
Sale Amount: $49.2 million
Sale Date: March 28, 2013
46. New York Company Buys Country Squire for $49.2 Million
- Thursday, April 04, 2013
An affiliate of New York-based NorthStar Realty Finance Corp. has paid $49.2 million for the 972-unit Country Squire Apartments in Cordova.
47. Delta Blues Winery LLC Buys 15 Acres in Lakeland
- Tuesday, December 18, 2012
6495 Stewart Road Lakeland, TN 38002
Sale Amount: $165,000
Sale Date: Dec. 10, 2012
48. California Firm Buys Cordova Retirement Home for $8.7 Million
- Wednesday, December 12, 2012
An affiliate of Long Beach, Calif.-based real estate investment trust HCP Inc. has paid $8.7 million for the Emeritus of Cordova retirement community at 1535 Appling Care Lane in Cordova.
49. Raleigh Office Complex Sold To Local Entity
- Friday, August 03, 2012
An office complex in Raleigh has traded hands after being under the same family ownership for more than 30 years.
Commercial Real Estate Network LLC, a local investor, has purchased the 40,756-square-foot Raleigh Center Office Complex at 2974 Austin Peay Highway from Charles R. Averwater Living Trust for $299,000.
50. Hillwood Buys Pilot Drive Warehouse
- Friday, July 06, 2012
Hillwood Investment Properties has purchased the 605,000-square-foot warehouse at 4221 Pilot Drive in Southeast Memphis for $7.5 million from Addison, Texas-based MM Industrial Memphis LLC.
51. Commission Approves $1.2 Billion Budget
- Wednesday, May 23, 2012
The Shelby County Commission may not have the last word on a county government operating budget it added nearly $1 million to and for which it raided the county’s $90 million reserve fund to balance the budget.
52. County Commission Amends Budget, Moves Basketball Complex
- Tuesday, May 22, 2012
Shelby County Commissioners added nearly $1 million in grants to county government’s $1.1 billion operating budget for the fiscal year that begins July 1. The commission balanced the budget Monday, May 21, over the objections of Shelby County Mayor Mark Luttrell by taking the money from the county’s $90 million reserve fund. The amount is 24 percent of the county budget total that doesn't include elected officials outside the county administration.
53. White House Initiative Aims to Unite Asian Community
- Wednesday, February 15, 2012
The White House Initiative on Asian Americans and Pacific Islanders will stop in Memphis for a two-day forum aimed at drawing out the community’s local leadership.
The initiative, which is making its way across southern states, hopes to help diverse Asian populations coalesce into one community capable of utilizing their own strengths in business development and other areas.
54. Multipurpose Bldg. Planned for Soulsville Charter School
- Tuesday, February 07, 2012
1115 College St.
Memphis, TN 38106
Permit Cost: $4 million
Permit Date: Applied February 2012
Owner: The Soulsville Foundation
Tenant: The Soulsville Foundation
Details: The Soulsville Foundation has filed a $4 million building permit application with the city-county Office of Construction Code Enforcement for a 15,000-square-foot, one-story, multipurpose building at The Soulsville Charter School.
55. Time for Details in Schools Saga
- Monday, February 06, 2012
In one of the more anonymous efforts in an interesting legislative session in Nashville, there is apparently some discussion of requiring school systems to charge nothing less than fair market value if they rent or sell a school building to a charter school.
56. Babytime Expands Offerings To Meet Changing Demand
- Monday, January 30, 2012
Cordova store Babytime specializes in high-quality furniture that adapts to accommodate growing babies.
So when owner Mike Harvey noticed customers were buying his line of nursery chairs for their living rooms and dens, he adapted his store to meet the growing demand.
57. $3 Million in Permits Filed For Hacks Cross Buildings
- Tuesday, June 28, 2011
3152 Hacks Cross Road and
3168 Hacks Cross Road
Permit Amounts: $1.4 million (3152 Hacks
Cross); $1.6 million (3168 Hacks Cross)
58. Workout Surge
- Friday, June 24, 2011
As the Memphis summertime heat intensifies, fitness clubs across the area are seeing membership numbers rise thanks to a developing trend for healthier living and more active lifestyles.
It’s no secret that the Mid-South has ranked as one of the most unfit regions in the country. According to the 2010 “F as in Fat” report, Mississippi ranks No. 1 in overall obesity rate and Tennessee is tied for second with Alabama.
59. 5000 E. Raines Warehouse Sells in Foreclosure for $7.7M
- Monday, May 30, 2011
5000 E. Raines Road
Memphis, TN 38118
Sale Amount: $7.7 million
Sale Date: May 13, 2011
Buyer: GECMC 2003-C2 5000 Raines Road LLC
Seller: R. Hunter Humphreys, substitute trustee
Orig. Borrower: 5000 East Raines Partnership
Orig. Lender: Bank of America NA
Orig. Loan Amount: $19 million
Orig. Loan Date: May 1, 2003
Orig. Maturity: June 1, 2013
Details: A 1.1 million-square-foot warehouse at 5000 E. Raines Road has sold at a foreclosure sale for $7.7 million. GECMC 2003-C2 5000 Raines Road LLC bought the property at the May 13 sale.
60. Cordova’s Parkway Place Hits 100 Pct
- Friday, May 27, 2011
Two recent leases at Parkway Place Office have brought the center to 100 percent occupancy. Guardian Community Living LLC signed a 10,500-square-foot lease in the 70,000-square-foot office annex that is situated in Cordova.
61. Cordova Nursing Home Financed for $6.1M
- Thursday, May 26, 2011
Parsons, Tenn.-based Applingwood Long Term Facility Inc. has financed a nursing home at 1536 Appling Care Lane in Cordova through Lancaster Pollard Mortgage Co. for $6.1 million.
62. Smith & Nephew Files Permit For Goodlett Farms Building
- Tuesday, May 03, 2011
7135 Goodlett Farms Parkway
Cordova, TN 38016
Permit Amount: $8 million
63. Yogurt Craze Continues with TCBY Store
- Friday, January 21, 2011
A TCBY franchise has signed a 1,225-square-foot lease in University Center, 3445 Poplar Ave., at the southwest corner of Poplar and Highland Street.
64. Circa Slated for Regalia Space
- Friday, October 01, 2010
Circa by John Bragg restaurant plans to open its East Memphis location at Regalia shopping center, Boyle Investment Co. recently announced.
- Thursday, September 02, 2010
The Leadership Academy will continue its 2010 Celebrate What’s Right Luncheon series with an address by FedEx Chief Information Officer Rob Carter Thursday from noon to 1:30 p.m. at the Hilton Memphis, 939 Ridge Lake Blvd. Tickets are $25 and include lunch. For reservations, visit www.leadershipacademy.org.
66. Charter 411
- Monday, August 30, 2010
The metro government charter, to be voted on Nov. 2, would combine the Memphis and Shelby County governments into one new local government.
The 49-page charter is the work of the 15-member Metro Charter Commission, which began in November and completed its work just weeks ago.
67. Orphanos Foundation Meets Needs of Orphans
- Monday, April 19, 2010
The Orphanos Foundation, one of Memphis’ best-kept secrets on the nonprofit front, is more than the story of one person.
But it was the dream and vision of one man that made Orphanos’ success story possible.
68. Crimson Tide
- Monday, January 25, 2010
Twelve days into the new year, Gov. Phil Bredesen stood in the well of the state House in Nashville and talked about leading the nation in education reform.
Later this year, Bredesen will return to address legislators on a less lofty but more immediate topic – a pool of red ink in the state budget unprecedented at least since the Depression years of the 1930s. For more than a year and a half, Tennessee has failed to meet its monthly revenue projections.
69. In-Rel Buys Former Comcast Building, Renames it “Quince Centre”
- Tuesday, December 22, 2009
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
70. Spring Home Show To Feature G’Town’s Neshoba Grove
- Tuesday, December 08, 2009
The Memphis Area Home Builders Association’s spring home show will be held at Neshoba Grove Subdivision in Germantown, the organization’s executive director, Don Glays, has confirmed.
Dubbed the “The Vesta Designer Showcase of Homes,” the month-long event is set for May 29-June 20. It will showcase five custom-built homes in a new infill development at the northeast corner of Cordova and Neshoba roads, just west of Germantown Road near the Germantown Performing Arts Centre.
Glays said this will be the first spring home show in the past few years, and its format will be slightly different than past events, such as the recent fall show that highlighted eco-friendly and more affordable homes at the Villages at White Oak in Arlington.
The homes at this year’s spring show will be larger and pricier, focusing on each of the five homes’ unique designs. Or, as Glays put it, the spring show will be about “lifestyle and living” rather than “energy and green living.”
“We try not to repeat ourselves if we can help it,” he said. “We’re doing that because what the group of builders has done is each has selected a top-notch, experienced, well-known architect, and are selecting great interior designers. The architects are working well together to keep, not a theme, per se, but make sure the houses complement each other.”
71. Commissioner Harvey Finds Success in Classroom
- Friday, October 09, 2009
Once he achieved the goal of winning elected office in 2006, Shelby County Commissioner James Harvey looked around and decided he needed to go back to school.
72. Business Licenses Reflect Uptick In Entrepreneurship
- Tuesday, April 21, 2009
Now might not seem like the best time to open a business, but Kat Semrau said opportunities can be found even during a recession.
She and her husband, Lorne, spent Sunday afternoon painting the inside of an old bank building at 117 S. Main St., where Art Under A Hot Tin Roof will begin selling paintings, pottery, jewelry and other items in early May.
73. Dental Building Sold In Cordova
- Tuesday, March 24, 2009
850 Willow Tree Circle, Suite 101
Cordova, TN 38018
Sale Amount: $800,000
Sale Date: March 11, 2009
Buyer: Jason Collier
Seller: William and Jeanne Locante
Loan Amounts: $633,200; $160,000
Loan Dates: March 11, 2009 (both)
Maturity Date: N/A
Lenders: The Huntington National Bank; William and Jeanne Locante
74. Commercial Real Estate Hangs on for Dear Life
- Friday, March 20, 2009
The pulse of commercial real estate is barely detectable, but the fact that it’s still registering a beat is remarkable considering the trauma it’s suffered over the past year.
From March 2008 through February 2009, commercial sales in Shelby County declined 35 percent compared to the prior 12-month period, according to the latest data from real estate information company Chandler Reports, www.chandlerreports.com.
75. Tight Credit Put Squeeze On ‘08 Commercial Real Estate Sales
- Thursday, January 22, 2009
As with the residential sector, 2008 was a year to forget in commercial real estate, which suffered declining sales and endured a nationwide credit crunch throughout the year.
“The big storyline in ’08 was that lenders weren’t lending,” said Johnny Lamberson, senior vice president at CB Richard Ellis Memphis. “It put a real tightening on deals getting done. If deals weren’t highly leveraged, as the year went on it became harder and harder to get transactions closed because nobody was lending money.”
76. Local World Market Stores Closing
- Wednesday, January 14, 2009
The World Market stores that came to Memphis only three years ago are closing.
Cost Plus Inc., the owner of the retail chain, reported this week it would close 26 stores and exit eight markets, including Memphis.
77. City, State Nursing Home Ratings Low
- Thursday, January 08, 2009
In its first effort to rate the nation’s nursing homes using a ranking system, the Centers for Medicare and Medicaid Services has rated Tennessee third worst in the nation for geriatric care, behind only Georgia and Louisiana.
78. Memphis Area Nursing Homes Receive Government Ratings
- Wednesday, December 24, 2008
Four nursing homes either in Memphis or within 25 miles of the city received five stars under a new rating system that the Centers for Medicare and Medicaid Services released last week.
The best nursing homes, according to the rating, were Methodist Healthcare SNF, Allen Morgan Health and Rehabilitation Center, Ave Maria Home and Memphis Jewish Home.
79. Hickory Hill, Cordova Lead Newcomer Activity
- Monday, November 17, 2008
The two areas of Shelby County that have received the most newcomers so far this year are in the southeastern and eastern areas of the city, as shown by first-time Memphis Light, Gas and Water Division hookups.
80. Wal-Mart Turnaround Signals Philosophical Shift
- Wednesday, October 22, 2008
Wal-Mart executives say they are finished trying to build a third super store at Houston Levee and Macon Road in Cordova.
Monday’s 10-3 vote by the Shelby County Board of Commissioners ended a two-year process in which Wal-Mart executives won approval from the city-county Land Use Control Board, but were opposed by the local Office of Planning & Development.
81. Commercial Real Estate Tumbles
- Friday, August 22, 2008
After a prolonged and prosperous ride, commercial real estate stumbled in the past year with no signs of regaining its balance anytime soon.
Just 998 commercial sales were made in Shelby County from August 2007 through July 2008, down 17.6 percent from 1,211 sales during the previous 12-month period, according to the latest data from real estate information company Chandler Reports, www.chandlerreports.com.
82. Builders’ Fingers Crossed While Oakland Subdivision Stalls
- Thursday, June 05, 2008
Last year, when Terry & Terry Inc. was developing Cross Creek in Oakland, the company’s executives projected they would have three or four builders each starting a handful of homes in the subdivision by now.
83. Commercial Sales Plummet in April
- Thursday, May 29, 2008
April turned disastrous for commercial real estate in Shelby County, as total sales plummeted 34.8 percent from the same month a year ago, according to the latest data from Chandler Reports, www.chandlerreports.com.
84. Earth Day Event To Promote Green Living
- Friday, April 18, 2008
Environmentalists believe "every day is Earth Day," but they also understand that the period leading up to April 22 - when the actual Earth Day takes place - is the most convenient time to promote green initiatives and lifestyles to the public.
85. Luxury Apartments Under Way in Cordova
- Monday, March 31, 2008
A new multifamily product in Cordova is under way on the west side of Houston Levee Road near Pisgah Road. Stockbridge, Ga.-based Davis Development Inc. has filed a $16.2 million construction loan for Carrington Park, a 226-unit luxury apartment complex, according to The Daily News Online, www.memphisdailynews.com.
86. Latest Newcomer Data Show First-Home Hotspots
- Tuesday, November 20, 2007
Once the executive chairman of Birmingham, Ala.-based Regions Financial Corp. officially retires at the end of the year, he'll spend the next chapter of life pursuing civic and charitable work in the Bluff City.
87. One East Memphis Neighborhood Proves 'Recession-Proof'
- Tuesday, November 06, 2007
Like an oasis in the desert, the East Memphis development of Newton Court has given a group of developers, builders and Realtors some much-needed reprieve in a dried-up residential real estate market.
88. Peterson Named Director of Purchasing at UTHSC
- Wednesday, October 03, 2007
Kenneth M. Peterson has been appointed director of purchasing for the University of Tennessee Health Science Center. Previously, Peterson was a career employee of the U.S. government, and formerly served as director of the National Acquisition Center for the Customs and Border Patrol Protection Service in the Department of Homeland Security.
89. Archived Article
- Tuesday, July 31, 2007
6125 Shelby Drive
Memphis, TN 38141
Sale Amount: $13.5 million
Sale Date: July 20, 2007
Buyer: NatTennessee GP
90. Corporate Relocations, Real Estate Market Contribute To Memphis' 'Best Cities' Ranking
- Tuesday, June 12, 2007
Memphis is being touted as one of the best cities for moving families.
Last month, a study by Memphis-based Primacy Relocation and Worldwide ERC ranked the city 19th among metro areas with more than 1.2 million people.
91. When it Comes To Cooper’s Proposed Restaurant, Questions Abound
- Tuesday, May 22, 2007
Judging by his living circumstances alone, it would be difficult to argue the topless club business has been anything less than wildly profitable for Steven Craig Cooper.
Cooper, reportedly a high school dropout and later a self-made entrepreneur who built a network of successful adult entertainment clubs, splits his time between Phoenix and Memphis. The Bluff City is where he keeps a nine-room stucco home in an upscale neighborhood that currently is appraised at more than $700,000.
92. Dinner Table, Grandmother's Home Provide Good Start for Memphis Attorney
- Thursday, March 15, 2007
Attorney David Siegel plays the drums in a local band and even lived in Japan for a few years while growing up. But his musical talents and international background aren't what is front and center for him these days.
93. Local Relocation Companies Help New Residents Find Housing
- Tuesday, February 20, 2007
First there was International Paper. Then there was ServiceMaster. Next, well, who knows?
But as corporations move their headquarters or relocate individuals to Memphis, the transferees and their families need to find new homes, just as their companies did.
94. Government Settles With Memphis Apts.
- Monday, February 12, 2007
The U.S. Department of Justice announced Wednesday it had reached a fair housing act settlement with a group of developers, builders, architects and engineers related to the design and construction of two Memphis-area ap
95. Archived Article
- Tuesday, January 30, 2007
1645 W. Massey Road
Memphis, TN 38120
Sale Amount: $19.7 million
Sale Date: Jan. 12, 2007
Buyer: WC-Memphis LLC
96. Able to Exhale
- Wednesday, January 10, 2007
The bulldozers and construction teams that build the sprawling estates in Arlington, the condominiums in Downtown Memphis, infill housing elsewhere in the city and expensive new homes in all the suburbs that surround Memphis got something of a breather this year.
- Tuesday, December 12, 2006
Friends of the Poplar-White Station Branch Library presents Donn Southern as part of its Second Thursday Community Lecture Series Thursday at 11:30 a.m. at 5094 Poplar Ave. Southern, a practicing attorney and former judge of the Probate Court of Shelby County, will discuss "What You Should Know About Wills, Estates and Probate Court." For more information, call 682-1616.
98. How Does Our Garden Grow?
- Wednesday, November 22, 2006
When the Memphis City Council moved to annex the 14-square-mile suburb of Hickory Hill in 1987, it sparked what became the longest fight against annexation in Memphis history.
The fight ended in 1998 after those annexation opponents who hadn't yet moved away decided to throw in the towel and sign an agreement officially ending the dispute. In return, they were assured the newly annexed community would get $150 million in capital improvements, including four city schools and two fire stations.
99. At ON DOODY, a Man's Gotta Doo What a Man's Gotta Doo
- Wednesday, November 08, 2006
Lee Bowling, owner of ON DOODY Pet Waste Removal Service, gives out a scratch-and-sniff business card that reads: "If this card smells better than your backyard, call me immediately!"
His promotional brochure reads, "Your POO-lution Solution."
100. Ultimate Garage Solutions Teams Up With Building Company to Enhance Homes
- Monday, September 11, 2006
John Bunt estimates that about 75 percent of the customers of Ultimate Garage Solutions (UGS) have not parked in their garages for years.
Bunt is vice-president of UGS, a locally owned, Memphis-based provider of storage systems and flooring for residential garages.