Editorial Results (free)
1.
In New Orleans, A Regulation Reboot For Short-Term Rentals -
Tuesday, September 4, 2018
NEW ORLEANS (AP) — The sounds of a raucous pool party drift over a privacy fence amid brightly colored cottages that have become vacation rentals in New Orleans' Marigny neighborhood, and Allen Johnson laments the dwindling number of full-time neighbors.
2.
Heat Wave -
Saturday, July 14, 2018
After what was a banner year in many ways for Memphis commercial real estate in 2017, projections for this year were bullish. But at the halfway point of 2018, have expectations in the area risen with the temperatures or have they begun to dry out under the sweltering summer heat?
3.
New Beale Street Hotel, A Vehicle ‘Vending Machine,’ and New Life on Former Buccaneer Site -
Monday, July 9, 2018
380 Beale St.
Memphis, TN 38103
Project Cost: $16 million
Application Date: July 10
Owner: Miller Memphis Inc.
Tenant: TCH Memphis LLC
4.
Hotel Planned For Fourth and Beale Vacant Nightspot -
Friday, July 6, 2018
Plans for a five-story 120-room hotel on the northeast corner of Fourth and Beale Street go to the Center City Revenue Finance Corporation Tuesday, July 10, seeking a 15-year tax break for the $16 million project.
5.
Hotel Planned For Fourth and Beale Vacant Nightspot -
Wednesday, July 4, 2018
Plans for a five-story, 120-room hotel on the northeast corner of Fourth and Beale Street go to the Center City Revenue Finance Corp. Tuesday, July 10, seeking a 15-year tax break for the $16 million project.
6.
Last Word: Riverfront Change, Skeleton to Canopy and Summer Camp -
Wednesday, June 13, 2018
The two contenders for Shelby County Mayor in the Aug. 2 county general election – Democratic nominee Lee Harris and Republican nominee David Lenoir – meet for the first time in the general election campaign Wednesday at the Memphis Kiwanis Club weekly luncheon. It is the first of several debates between the two. And judging from what Harris and Lenoir have said separately and what we’ve reported from those appearances, this is a highly anticipated debate/discussion about the future of Shelby County on several fronts.
7.
Hilton Canopy Hotel, Museum Lofts Receive Tax Incentives -
Wednesday, June 13, 2018
Rhode Island-based Magna Hospitality Group, doing business as MHF Memphis VI LLC, has been granted a 15-year tax incentive to build a $43 million four-star hotel on the site of the former Benchmark Hotel at 164 Union Ave.
8.
Lake District Lands Malco Theater, Former Benchmark Seeks New Life -
Monday, June 11, 2018
3536 Canada Road,
Lakeland, TN 38002
Tenant: Malco Theatres Inc.
Tenant’s Agent: Michael Lightman, Michael Lightman Realty
Landlord: The Lake District
9.
Last Word: Our Un-Signature, City Hall Beat Down and Lamar Avenue -
Wednesday, June 6, 2018
The first thing most people notice when they realize there is lots of development going on in Memphis but that its quite different than Nashville’s brand of development is that you don’t see nearly as many construction cranes here as you do there. It’s become an un-signature of sorts for what is an ongoing remake of Memphis. We adapt and use for new purposes. We also move institutions around, it turns out.
10.
New Benchmark Owners Seeking Incentives for 4-Star Hotel -
Wednesday, June 6, 2018
A Rhode Island-based company has acquired the site of the former Benchmark Hotel and is seeking a 15-year tax incentive from the Downtown Memphis Commission to demolish the structure’s remaining concrete skeleton and replace it with a new four-star hotel.
11.
100 North Main -
Saturday, June 2, 2018
The city’s tallest building, the 37-story 100 North Main Building – may or may not become the city’s second convention center hotel. But the skyscraper that has been vacant for four years and counting is the centerpiece of a 3-acre planned commercial complex anchored by a 600-room hotel, no matter where it winds up in the footprint. The complex, as much as the hotel, promises to change more than the city’s convention business.
12.
New Incentive Targets Sewer Woes For Developers -
Wednesday, May 16, 2018
With certain areas of the city such as the Fletcher Creek drainage basin nearing peak-hour capacity, the city of Memphis is teaming up with the Economic Development Growth Engine for Memphis and Shelby County to help ensure that impending sewer issues do not hamper future development.
13.
Second Convention Center Hotel Has Footprint Beyond City’s Tallest Building -
Monday, May 14, 2018
After four years as an emptied out eyesore and lots of promises with very little follow up, the city’s tallest building is at the center of a tentative deal to make it the second convention center hotel.
14.
Convention Center Hotel Footprint Bigger Than 100 North Main -
Friday, May 11, 2018
Details of a tentative plan for a second convention center hotel at the 100 North Main Building show the conversion of the 53-year old skyscraper is just part of a plan that would have a larger footprint, taking in more Downtown real estate.
15.
100 North Main To Become Convention Center Hotel Via Letter of Intent -
Friday, May 11, 2018
The city of Memphis has signed a letter of intent for the redevelopment of the city’s tallest building as a convention center hotel.
Memphis Mayor Jim Strickland announced the letter of intent for the 100 North Main Building Thursday, May 10, with THM Memphis Acquisitions LLC and Loews Hotel Holding Corporation.
16.
Fall Creek Falls Project Leaves Destructive Trail -
Thursday, May 10, 2018
The Fall Creek Falls Inn and Conference Center will soon be in ruins like the livelihoods of the state employees who worked there.
Fewer than half the state employees who worked at the inn found new state jobs after it closed in early April. Some are working for nearly half the pay, and some had to move away from Van Buren County or drive long distances to keep a job with the state.
17.
Gibson Building Owners to Partner with Orgel Family -
Monday, April 30, 2018
The new owners of the Gibson Guitar Factory building in Downtown Memphis have partnered with a prominent local family to bring the prime parcel of land back to life.
On Monday, April 30, New York-based real estate investment firm Somera Road Inc., which purchased the 150,000-plus-square-foot building and showroom located at 145 Lt. George W. Lee Ave. for $14.4 million in January, announced it would be partnering with Billy and Benjamin Orgel’s Orgel Family LP to redevelop the guitar factory.
18.
Memphis Army Depot, CA Building Get New Owners -
Monday, April 30, 2018
2028 Memphis Depot Pkwy.
Memphis, TN 38114
Sale Amount: $50 million
19.
Two Downtown Hotel Projects Moving Forward After Delay -
Thursday, April 5, 2018
Two Downtown Memphis hotel projects that were seemingly in stasis appear to moving forward.
Though unrelated, both projects have filed paperwork indicating physical progress may soon be around the corner.
20.
Riviana, Ebrofrost Continue Work On $26M Frozen Food Facility -
Monday, March 19, 2018
2360 Prospect St.
Memphis, TN 38106
Permit Amount: $3.1 million
Project Cost: $26.5 million
Application Date: March 2018
Owner: Riviana Foods
21.
Kambs Tasked With Growing Commercial Arm of Terminix -
Thursday, March 1, 2018
ServiceMaster Global Holdings Inc. announced Tuesday, Feb. 27, that it will be purchasing one of the country’s largest commercial pest control operations and combining it with its Terminix brand.
22.
ServiceMaster to Acquire Pest Control Company Copesan -
Wednesday, February 28, 2018
ServiceMaster Global Holdings Inc. has entered into an agreement to purchase and combine its Terminix national account pest control operations with Copesan Services Inc., one of the largest commercial pest management companies in the U.S.
23.
$5M Building Permit Filed for Hotel Indigo -
Saturday, February 10, 2018
Atlanta-based Three P Partners has filed a $5 million building permit application with the Office of Construction Code Enforcement to construct a 118-room Hotel Indigo at the corner of North B.B. King Boulevard and Court Avenue.
24.
Hotel Indigo, Trader Joe’s Move Ahead -
Monday, February 12, 2018
22 N B.B. King Blvd., Memphis, TN 38103: Atlanta-based Three P Partners has filed a $5 million building permit application with the Office of Construction Code Enforcement to construct a 118-room Hotel Indigo at the corner of North B.B. King Boulevard and Court Avenue.
25.
$5M Building Permit Filed for Hotel Indigo -
Wednesday, February 7, 2018
Atlanta-based Three P Partners has filed a $5 million building permit application with the Office of Construction Code Enforcement to construct a 118-room Hotel Indigo at the corner of North B.B. King Boulevard and Court Avenue.
26.
Former Benchmark Hotel Declared Public Nuisance -
Tuesday, February 6, 2018
The site of the former Benchmark Hotel in Downtown Memphis has been declared a public nuisance by the Memphis and Shelby County Environmental Court.
The “tough” decision by Judge Larry Potter was made Thursday, Feb. 1, after several hours of legal wrangling by attorneys Danny Schaffzin – representing the Downtown Memphis Commission and a coalition of surrounding business owners including The Rendezvous’ John Vergos, and The Peabody hotel’s Marty Belz – and William Sessions, representing the building’s owners, MNR Hospitality.
27.
$5M Permit Filed for New Hotel Indigo -
Monday, February 5, 2018
Atlanta-based Three P Partners has filed a $5 million building permit application with the Office of Construction Code Enforcement to construct a 118-room Hotel Indigo at the corner of North B.B. King Boulevard and Court Avenue.
28.
3 Tennessee Hotels Join AAA Diamond List -
Monday, February 5, 2018
Tennessee boasts three new AAA Diamond-rated properties – the highest-rated hotels in North America, according to the latest round of AAA Diamond Ratings.
The properties range from restored historic mansions to ultra-chic modern hotels and all offer a high degree of hospitality, service and attention to detail. AAA touts its ratings as the most respected in the hospitality industry.
29.
Former Benchmark Hotel Declared Public Nuisance -
Friday, February 2, 2018
The site of the former Benchmark Hotel in Downtown Memphis has been declared a public nuisance by the Memphis and Shelby County Environmental Court.
The “tough” decision by Judge Larry Potter was made Thursday, Feb. 1 after several hours of legal wrangling by attorneys Danny Schaffzin, representing the DMC and a coalition of surrounding business owners including John Vergos and Marty Belz, and William Sessions, representing the building’s owners, MNR Hospitality.
30.
Digest -
Monday, January 29, 2018
Memphis Toys R Us
To Remain Open
A representative with Toys R Us has confirmed to The Daily News that the retailer’s Memphis location, at 7676 Polo Ground Blvd., won’t close after all.
31.
Last Word: 50 Years Ago, Skeleton Hotel in Court and New Moves on Forrest -
Thursday, February 1, 2018
It was 50 years ago Thursday that the event that sparked the 1968 sanitation workers strike happened near Colonial and Sea Isle in East Memphis. City sanitation workers Robert Walker and Echol Cole were killed when the trash compactor on back of their city truck malfunctioned and crushed them.
32.
DMC Wants Benchmark Hotel Declared Nuisance -
Wednesday, January 31, 2018
The Downtown Memphis Commission is seeking to have the Benchmark Hotel property at 164 Union Ave. declared a public nuisance.
The Shelby County Environmental Court will hold a hearing Thursday, Feb. 1, at 1:30 p.m. to determine whether the blighted hotel, located on the north side of Union west of South B.B. King Boulevard, should be considered a public nuisance under the Tennessee Neighborhood Preservation Act.
33.
Orion, LEO Buy Slice of Wonder Bread -
Thursday, January 11, 2018
The Center City Revenue Finance Corp. approved a trio of sales on Tuesday, Jan. 9, including two involving the $73 million Bakery Development in the Medical District and the Beale Street Hampton Inn.
34.
New Owners of Downtown Hotel Seeking PILOT Transfer, Bakery Development Project Progressing -
Saturday, January 6, 2018
Richmond, Virginia-based Apple Hospitality REIT is seeking an assignment from the Center City Revenue Finance Corp. in order to complete the purchase of the Hampton Inn & Suites Memphis – Beale Street located at 175 Peabody Place in Downtown Memphis.
35.
New Owners of Downtown Hotel Seeking PILOT Transfer, Bakery Development Project Progressing -
Friday, January 5, 2018
Richmond, Virginia-based Apple Hospitality REIT is seeking an assignment from the Center City Revenue Finance Corp. in order to complete the purchase of the Hampton Inn & Suites Memphis – Beale Street located at 175 Peabody Place in Downtown Memphis.
36.
Downtown Hotel Revival; Two Companies Look to Expand in Southwest Memphis -
Monday, December 25, 2017
5050 E. Holmes Road
Memphis, TN 38118
Project Cost: $720,000
Application Date: Dec. 20, 2017
37.
Former Benchmark Hotel Set for Redevelopment -
Saturday, December 23, 2017
The owner of the former Benchmark Hotel at Union Avenue and South B.B. King Boulevard appears ready to move forward on the redevelopment of the partially gutted five-story hotel.
MNR Hospitality LLC, an affiliate of Goodlettsville, Tennessee-based Epiq Hotels Inc., has filed a $600,100 building permit application with construction code officials to renovate the 103,000-square-foot structure at 164 Union.
38.
Former Benchmark Hotel Set for Redevelopment -
Tuesday, December 19, 2017
The owner of the former Benchmark Hotel at Union Avenue and South B.B. King Boulevard appears ready to move forward on the redevelopment of the partially gutted five-story hotel.
MNR Hospitality LLC, an affiliate of Goodlettsville, Tennessee-based Epiq Hotels Inc., has filed a $600,100 building permit application with construction code officials to renovate the 103,000-square-foot structure at 164 Union.
39.
Possible Trader Joe’s Update, New $35M Airport Facility -
Monday, December 18, 2017
In this week’s Real Estate Recap, a new development in the saga of Germantown’s Trader Joe’s, Memphis International Airport begins work on a new $35 million facility, and Central BBQ announces a new a location...
40.
Lenox Park Buildings Sell for $5.3 Million -
Monday, November 27, 2017
This week's Real Estate Recap features the sale of two Class A office buildings totaling more than 200,000 square feet; a residential development being planned near a proposed new elementary school in Germantown; and more.
41.
Cannon Center Promotes Hirt To Event Services Coordinator -
Wednesday, November 15, 2017
Jasmine Hirt has been promoted to marketing and event services coordinator for the Cannon Center for the Performing Arts less than a year after joining the venue’s staff as marketing and event services assistant. In her new role, Hirt is responsible for advancing, managing and coordinating marketing efforts for ticketed events at the 2,100-seat venue, which is managed by Memphis Management Group.
42.
Council Funds Beale Crowd Consultant, Abolishes $5 Cover -
Wednesday, November 8, 2017
Memphis City Council members voted Tuesday, Nov. 7, to approve $50,000 in funding for a crowd control consultant for the Beale Street entertainment district and to end the $5 cover charge for entry into the district on spring and summer Saturday nights after 10 p.m.
43.
Peabody Hotel Executives Win Industry Accolades -
Saturday, October 28, 2017
Two Peabody Hotel executives have won accolades from hospitality industry organizations.
Michelle Tavares, director of food and beverage for The Peabody Memphis, has been named “Lodging Manager of the Year” in the large property category by the Tennessee Hospitality & Tourism Association (TnHTA).
44.
Peabody Hotel Executives Win Industry Accolades -
Friday, October 27, 2017
Two Peabody Hotel executives have won accolades from hospitality industry organizations.
Michelle Tavares, director of food and beverage for The Peabody Memphis, has been named “Lodging Manager of the Year” in the large property category by the Tennessee Hospitality & Tourism Association (TnHTA).
45.
Shelby County to Overhaul Criminal Justice Center -
Monday, October 16, 2017
201 Poplar Ave.
Memphis, TN 38103
Permit Amount: $17 million
Application Date: October 2017
46.
GPAC Planning New Open-Air Venue -
Monday, September 25, 2017
1801 Exeter Road, Germantown, TN 38138
Owner: Germantown Performing Arts Center
47.
Overton Square Hotel Awarded Tax Incentives -
Friday, September 22, 2017
The developers of a $24 million Overton Square hotel and a Canadian elevator company looking to build its first U.S. facility in Memphis have been awarded tax incentives to move ahead with their projects.
48.
Overton Square Hotel Approved for Tax Incentives -
Thursday, September 21, 2017
The Economic Development Growth Engine board has approved Loeb Properties' request for a 15-year tax abatement to build a 100-room boutique hotel near Overton Square.
Despite some concerns from the EDGE board over the definition of blighted property, Loeb Properties and its partners, boutique hotel developer LRC2 Properties and hospitality management company MMI Hotel Group, were approved for the payment-in-lieu-of-taxes incentive Wednesday, Sept. 20, to help offset the construction costs of the $24 million hotel.
49.
Flee Joins Youth Villages To Lead Digital, Creative Strategy -
Wednesday, September 20, 2017
Travis Flee has been named a director of Youth Villages’ marketing and communications department, where he serves as director of digital strategy and creative services. Flee comes to Youth Villages with nearly 20 years of marketing experience, serving most recently as the director of digital brand marketing for Hilton Worldwide.
50.
Loeb Properties Planning $24M Overton Square Hotel -
Saturday, September 16, 2017
Loeb Properties wants to build on the revival of Overton Square by adding a $24 million, 100-room hotel in the district.
The Memphis-based company and its partners – boutique hotel developer LRC2 Properties and hospitality management company MMI Hotel Group – are seeking a 15-year tax abatement to construct a 100-room boutique hotel at the southwest corner of Cooper Street and Trimble Place, south of Madison Avenue in Midtown Memphis.
51.
Snapshot: Downtown’s Latest Boutique -
Thursday, July 20, 2017
The framework of a 140-room Hilton Garden Inn across Union Avenue from AutoZone Park is taking shape. Formerly a Greyhound bus station, plans for the 1.3-acre property were originally announced in March 2014 when Nitinkumar “Nick” Patel with Knoxville-based Turkey Creek Hospitality purchased the site. Turkey Creek also acquired an adjacent parking lot and plans to develop a Holiday Inn Express there.
...52.
Wood Helps Memphis National Keep Business in the Fairway -
Wednesday, July 19, 2017
Brian Wood is head golf professional at Memphis National Golf Club, a role in which he oversees a variety of functions related to the club's operations. Wood, a PGA professional and member of the Tennessee Section of the PGA of America, previously served as assistant golf professional at Windyke Country Club.
53.
$18.5 Million Permit Filed for Central Station Project -
Thursday, June 29, 2017
In this week’s Real Estate Recap, developers pull an $18 million permit for the Central Station overhaul, another new Downtown hotel is in the works and the new Laurelwood bookstore gets a restaurant...
54.
Developers Pull $6M Permit For New Downtown Hotel -
Monday, June 26, 2017
A long-awaited Downtown hotel project finally takes a step forward.
The Beale Street Hotel Group has filed a $6 million building permit application with the city-county Office of Construction Code Enforcement to build a new 115-room hotel across from AutoZone Park, home of the Memphis Redbirds.
55.
Developers Pull $6M Permit for New Downtown Hotel -
Friday, June 23, 2017
A long-awaited Downtown hotel project finally takes a step forward.
The Beale Street Hotel Group has filed a $6 million building permit application with the city-county Office of Construction Code Enforcement to build a new 115-room hotel across from AutoZone Park, home of the Memphis Redbirds.
56.
Ole Miss Buys Baptist Hospital in $22 Million Deal -
Thursday, June 22, 2017
2301 S. Lamar Blvd.
Oxford, MS 38655
Sale Amount: $22 million
Sale Date: June 15, 2017
57.
Midtown Medical Facility Sells for $9.5 Million -
Wednesday, June 21, 2017
Southern California-based Majestic Realty Co. has purchased a Midtown medical facility from Vanguard of Memphis LLC for $9.5 million, according to paperwork filed with the Shelby County Register of Deeds.
58.
Unwilling Private Sector Gives Park Workers a Victory -
Thursday, May 25, 2017
Two state parks are celebrating victories in an atmosphere of uncertainty created by the governor’s penchant for privatizing state functions.
Fall Creek Falls drew no bidders for a $20 million plan to hire a vendor who would tear down its inn, construct a new one and take over operations for 10 years. Henry Horton State Park, meanwhile, is set for $10 million in improvements this coming fiscal year, including upgrades to its hospitality facilities, plus a new visitors center, rather than a proposal to raze its inn and not rebuild.
59.
New York Firm Pays $23M for 3 Germantown Hotels -
Thursday, May 4, 2017
7750 Wolf River Blvd., 9314 Poplar Pike and 9320 Poplar Pike, Germantown, TN 38138 | Sale Amount: $23 million
Sale Date: April 28, 2017
60.
CCRFC OKs Sheraton Deal, Incentive for Oden HQ -
Wednesday, April 12, 2017
The sale of the 600-room Sheraton Memphis Downtown took a step forward Tuesday, April 11.
The Center City Revenue Finance Corp. unanimously approved a request to reassign an existing payment-in-lieu-of-taxes incentive for the hotel, 250 N. Main St., to a joint venture between Louisville, Kentucky-based Schulte Hospitality Group and Starwood Capital Group.
61.
Council Faces Beale Street, Parking Decisions -
Tuesday, April 11, 2017
Memphis City Council members have an agenda full of hot spots Tuesday, April 11. They vote on a move to abolish the Beale Street Tourism Development Authority, check to see if both sides paying for a Memphis Zoo parking solution in Overton Park are on the same page and take a final vote to change on-street parking around FedExForum and The Orpheum Theatre to a flat fee of $10 for “special events.”
62.
“Gateway’ Puzzle Begins To Come Together -
Monday, April 10, 2017
Starting last summer, a new ownership group for the city’s largest hotel by room count was undertaking its due diligence largely out of the public eye.
There were some rumblings about the Sheraton Memphis Downtown changing hands three years after a renovation of the 600-room hotel attached to the Memphis Cook Convention Center.
63.
City's Largest Hotel Changes Hands In Latest 'Gateway' Puzzle Piece -
Friday, April 7, 2017
The largest hotel in the city by room count is changing hands in what is a key part of the city’s effort to remake the Memphis Cook Convention Center as a part of a larger “Gateway project” in the general convention center area.
64.
Last Word: Mike Rose, Bartlett High Options and Memphis-Nashville Talk -
Monday, April 3, 2017
Mike Rose transformed Memphis-made Holiday Inn from a single brand to multiple brands and a corporation that transformed the hospitality industry as casino gaming spread beyond Las Vegas and Atlantic City in the 1990s. During his time at the helm of Holiday Inns and Promus Companies, Rose was also one of the city's most influential corporate leaders with the money and ability to raise money and set terms that made possible the transformation of St. Jude into a research institution and pointed the University of Memphis in that direction as well. Rose died Sunday in Nashville of cancer.
65.
Penn National Gaming to Buy 2 Tunica Casinos for $44M -
Thursday, March 30, 2017
1450 Bally Blvd.
Robinsonville, MS 38664
Sale Amount: $44 million
Sale Date: March 28, 2017
66.
Griffin Joins Memphis in May To Lead Marketing Efforts -
Wednesday, March 29, 2017
Robert Griffin has joined Memphis in May International Festival as director of marketing, a role in which he’s responsible for all marketing and communication programs, promotions, media and public relations, marketing research and sponsorship activation for the annual festival.
Griffin comes to Memphis in May with nearly 20 years’ experience in marketing and advertising.
67.
Knoxville Hotel Group Buys Land Across From AutoZone Park -
Tuesday, March 28, 2017
Vision Hospitality Group, a Knoxville-based hotel company, just purchased a vacant parcel of land across from AutoZone Park – possibly paving the way for a new Downtown hotel just blocks from Beale Street.
68.
Inn Construction, Private Management Plan Draw Ire of State Sen. Lee Harris -
Tuesday, March 28, 2017
State Sen. Lee Harris is criticizing Gov. Bill Haslam’s decision to renew an outsourcing plan for development and operations at Fall Creek Falls State Park, calling it a move to bolster profits for a private company.
69.
Loflin Yard Developer Working on New Restaurant Concept Downtown -
Wednesday, March 15, 2017
Two of the developers of Loflin Yard are planning to restore another vacant lot in the South Main Arts District into an indoor/outdoor bar and restaurant using repurposed metal grain silos.
Owner Brad Barnett and developer Mac Hopper took their plans to repurpose a vacant, overgrown 15,000-square-foot lot at 141 E. Carolina Ave. and an existing building across the street at 134 E. Carolina Ave. to the Center City Development Corp. Wednesday where they were granted a $57,550 Exterior Improvement Grant to assist with outdoor renovations.
70.
CRE Brokers Speculate on Future of Commercial Appeal Headquarters -
Wednesday, March 1, 2017
When USA Today Network executive and president of The Tennessean newspaper Laura Hollingsworth came into town the day after The Commercial Appeal announced printing operations will be moving to Jackson, Tennessee, she told the staff that while no immediate plans were in place, selling the daily paper’s iconic building was certainly a possibility down the road.
71.
Blake Shelton-Themed Bars to Open in Tennessee, Oklahoma -
Friday, January 6, 2017
NASHVILLE, Tenn. (AP) – The company that owns the Grand Ole Opry and the Ryman Auditorium is opening two new venues in Tennessee and Oklahoma with the help of country star Blake Shelton.
72.
Holiday Inn Wolfchase Sells for $11.5 Million -
Saturday, December 24, 2016
The Holiday Inn Hotel & Suites Memphis-Wolfchase Galleria has sold for $11.5 million.
RLM II Investors LLC and Texas-based Royal Living Inc. bought the hotel from Wolfchase Hotel Associates LLC. According to a Dec. 15 warranty deed, RLM II Investors purchased a 33 percent interest in the property, with Royal Living Inc. buying the remaining 67 percent interest.
73.
Developer Buys Former Merle Norman Warehouse -
Thursday, December 22, 2016
3670 S. Perkins Road
Memphis, TN 38118
Sale Amount: $1.3 million
Sale Date: December 2016
Buyer: Farnsworth Investment Co.
74.
Holiday Inn Wolfchase Sells for $11.5 Million -
Wednesday, December 21, 2016
The Holiday Inn Hotel & Suites Memphis-Wolfchase Galleria has sold for $11.5 million.
RLM II Investors LLC and Texas-based Royal Living Inc. bought the hotel from Wolfchase Hotel Associates LLC. According to a Dec. 15 warranty deed, RLM II Investors purchased a 33 percent interest in the property, with Royal Living Inc. buying the remaining 67 percent interest.
75.
Platform for Property -
Saturday, December 3, 2016
Airbnb is revolutionizing the hospitality industry causing legislators worldwide to scramble to regulate it, but the Memphis City Council is gaining state and national attention for its hands-off attitude.
76.
McNeill Commercial Real Estate Thrives By Focusing on Flexibility -
Saturday, October 29, 2016
McNeill Commercial Real Estate doesn’t focus on one discipline, location or product type.
While some developers focus on multifamily, retail or industrial properties, for example, McNeill dabbles in it all. That includes a hospitality group that started in 2014 to expand on its already present hotel focus.
77.
A S Hospitality, Teraco Create Partnership -
Saturday, October 8, 2016
A S Hospitality, a division of Dexter Solutions, a leading brand delivery services company, has officially signed a long-term partnership with Teraco that further expands its products and services for the hospitality market. The multi-year agreement names A S Hospitality as Teraco’s sole distributor of hotel key cards.
78.
A S Hospitality, Teraco Create Partnership -
Friday, October 7, 2016
A S Hospitality, a division of Dexter Solutions, a leading brand delivery services company, has officially signed a long-term partnership with Teraco that further expands its products and services for the hospitality market. The multi-year agreement names A S Hospitality as Teraco’s sole distributor of hotel key cards.
79.
Kane Discusses Bass Pro Changes, Mud Island, Convention Center -
Tuesday, October 4, 2016
Bass Pro Shops may be rethinking its mix of retail and attractions at the Pyramid, says the head of the Memphis Convention & Visitors Bureau.
In its first year of operation, Bass Pro Shops at the Pyramid drew 3 million visitors.
80.
Madison Hotel Sells to Chicago-Based Hotel Group -
Thursday, July 14, 2016
79 Madison Ave.
Memphis, TN 38103
Sale Date: June 21
Buyer: 79 Madison Avenue LLC
81.
Poplar Place Apartments Sell for $15.3 Million -
Thursday, May 19, 2016
1669 Randolph Place
Memphis, TN 38120
Sale Amount: $15.3 million
Sale Date: May 6
Buyer: Poplar Place TN Townhomes LLC
82.
Cordova Wingate Sells for $6 Million -
Saturday, May 14, 2016
A Cordova hotel has sold for $6 million.
Amber Hospitality LLC purchased the Wingate by Wyndham hotel from Tirupati LP in a May 5 warranty deed. The three-story hotel, built in 1998 at 2270 North Germantown Parkway, bears 55,932 square feet, according to the Shelby County Assessor of Property. It most recently was appraised at $2.6 million.
83.
Cordova Wingate Sells for $6 Million -
Thursday, May 12, 2016
A Cordova hotel has sold for $6 million.
Amber Hospitality LLC purchased the Wingate by Wyndham hotel from Tirupati LP in a May 5 warranty deed. The three-story hotel, built in 1998 at 2270 North Germantown Parkway, bears 55,932 square feet, according to the Shelby County Assessor of Property. It most recently was appraised at $2.6 million.
84.
Memphis Consultant Says Airport Area ‘Gone’ for Hotel Development -
Saturday, May 7, 2016
One of the last remaining hotels near Memphis International Airport has sold in foreclosure for the second time in less than five years.
Chuck Pinkowski, a local hotel consultant with Pinkowski & Co., said that a multimillion-dollar renovation couldn’t save the Holiday Inn from a declining hotel market.
85.
Strickland’s First Budget Includes Police Raise -
Tuesday, April 19, 2016
Memphis Mayor Jim Strickland presents his first budget proposal Tuesday, April 19, to the Memphis City Council just four months after taking office as mayor.
86.
Lawmakers Lure Us In With Momentary Sanity, And Then... -
Thursday, April 7, 2016
Just when it appears the Tennessee Senate is made up of sensible people – as evidenced by the killing of de-annexation legislation – the body is changing course with a Bible-thumping measure.
87.
City Council Considers Frayser Truck Stop -
Tuesday, March 1, 2016
Memphis City Council members vote Tuesday, March 1, on a 20.8-acre convenience store, hotel, restaurant and truck wash at the Hollywood Street and Interstate 40.
The development by Hospitality Builders of America Inc. is on the site of the old Treasury department store.
88.
Homewood Suites Proposed For Vance Area of South Main -
Wednesday, January 6, 2016
A six-story Homewood Suites hotel is the latest new development proposed in the South Main Historic District.
The application to the Land Use Control Board for the hotel at 139 Vance Ave., between Mulberry and Second streets, is from NPH Investments on a lot owned by Henry and Cheri Rudner. The proposed site sits two blocks north of the National Civil Rights Museum and three blocks south of FedExForum.
89.
Apartment Association Awards Take Place Jan. 8 -
Saturday, January 2, 2016
The Apartment Association of Greater Memphis will host the 11th annual Diamond Achievement Awards on Jan. 8.
Over 500 members are expected to attend as the industry’s top professionals are honored in over 40 award categories.
90.
Apartment Association Awards Taking Place Jan. 8 -
Thursday, December 31, 2015
The Apartment Association of Greater Memphis will host the 11th annual Diamond Achievement Awards on Jan. 8.
Over 500 members are expected to attend as the industry’s top professionals are honored in over 40 award categories.
91.
Holiday Inn Express Ready To Rise Near Graceland -
Tuesday, December 15, 2015
3411 Elvis Presley Blvd.
Memphis, TN 38116
Loan Amount: $4.8 million
92.
New Holiday Inn Express Rising Near Graceland -
Saturday, December 12, 2015
Holiday Inn Express and Suites is ready to shake up the Graceland area with a $4.8 million construction loan recently arranged by the Memphis office of Financial Federal Bank.
93.
New Holiday Inn Express Rising Near Graceland -
Friday, December 11, 2015
Holiday Inn Express and Suites is ready to shake up the Graceland area with a $4.8 million construction loan recently arranged by the Memphis office of Financial Federal Bank.
94.
LEDIC’s High-Tech HQ To Be LEED Certified -
Wednesday, November 18, 2015
LEDIC’s new East Memphis headquarters will aim for a LEED-certified silver status and bring high-speed fiber optic Internet to the area, according to documents recently submitted to the Memphis-Shelby County Economic Development Growth Engine.
95.
FrontDesk Connect Brings Concierge to App -
Tuesday, October 27, 2015
Imagine toting luggage up a hotel elevator and down a corridor to the room, only to find that the key doesn’t work. Carrying bags back down to the lobby to get a new key is an inconvenience at best and downright pain at worst, especially if carrying a couple of bags, maybe a cranky child or two and hurrying to head back out on the town for dinner.
96.
Craving Cooper-Young -
Saturday, October 10, 2015
If a neighborhood can be said to possess whatever the real estate equivalent is of that new car smell – a sense that there’s something new here to enjoy, of possibilities, of happy things to come – Cooper-Young would seem to have that, in spades.
97.
Koonce Joins Sedgwick Client Services -
Wednesday, October 7, 2015
Sedgwick Claims Management Services Inc. has added K. Max Koonce II as senior vice president of client services for its casualty retail business unit. Koonce, an attorney by trade, comes to Sedgwick from Wal-Mart Stores Inc., where he was senior director of risk management. He simultaneously served as president of Claims Management Inc., Wal-Mart’s wholly owned third-party administrator.
98.
$9.5 Million Permit Filed For Downtown Hotel -
Tuesday, August 11, 2015
310 Union Ave.
Memphis, TN 38103
Permit Cost: $9.5 million
Permit Date: Applied August 2015
99.
Lenox Park Courtyard Sells for $8.1 Million -
Saturday, August 8, 2015
The Lenox Park Courtyard by Marriott, at 3076 Kirby Parkway in East Memphis, has sold for $8.1 million.
100.
$9.5 Million Permit Filed for New Downtown Hotel -
Saturday, August 8, 2015
GCG Hospitality Inc. has pulled a $9.5 million building permit for a one-acre site at 310 Union Ave. it purchased in January.