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Editorial Results (free)

1. County Commission Renews Bolton Contract -

Shelby County Commissioners voted Monday, Jan. 9, to renew a contract with attorney Julian Bolton after some debate about whether Bolton’s position is necessary.

2. County Commission Continues Bolton Contract, Approves Legislative Wish List -

Shelby County Commissioners voted Monday, Jan 9, to renew its contract with attorney Julian Bolton after some debate about whether Bolton’s position in necessary.

3. Opponents of Dairy Expansion To Host Community Meeting -

A group of Midtown citizens who are opposed to the expansion of Turner Dairy’s Madison Avenue location will hold a public meeting Tuesday, Jan. 10, at 5:30 p.m. in the Hattiloo Theatre lobby, 37 S. Cooper St.

4. Last Word: The Elvis Tradition, Cordova Brewery and Parkside Path -

For about three decades now, there has been a cultural and political tradition around the birthday of Elvis Presley. It used to be a proclamation by the Shelby County Mayor and the Memphis Mayor on the steps of Graceland with a birthday cake.

5. New Cordova-Area Brewery Coming Soon -

The fact that Ben Pugh and Richie EsQuivel decided to name the brewery they’re developing in Cordova “Meddlesome Brewing Co.” gives at least some indication of the nature of their personalities.

6. Avison Young Adds Four To Memphis Office Staff -

Commercial real estate firm Avison Young has announced four new additions to its Memphis office, including Greg deWitt, who will join as vice president.

DeWitt, a 23-year veteran of the commercial real estate market in Memphis, specializes in tenant and landlord representation for office and industrial properties.

7. Nordstrom Rack Files $1.5M Permit for Memphis Store -

4572 Poplar Ave.

Memphis, TN 38117

Permit Amount: $1.5 million

Project Cost: $25.2 million

Application Date: December 2016

8. Avison Young Adds Four To Memphis Office Staff -

Commercial real estate firm Avison Young has announced four new additions to its Memphis office, including Greg deWitt, who will join as vice president.

DeWitt, a 23-year veteran of the commercial real estate market in Memphis, specializes in tenant and landlord representation for office and industrial properties.

9. What it Takes to Keep FedExForum Clean -

With around 100 arena events and 100 private events every year, FedExForum hosts millions of guests annually. Most people attending these events are completely oblivious to the “show” that’s going on behind the scenes – the hundreds of people and unbelievable number of hours put in to make the games and events possible.

10. Germantown Park Offices Sell for Nearly $48 Million -

A large office park near the intersection of Germantown Parkway and Walnut Grove Road in Cordova has been sold for nearly $50 million.

New York-based DRA Advisors LLC, acting as DRA CRT Germantown Center LP, sold six parcels to Real Capital Solutions, acting as EAT-1615 LLC, for $47.8 million.

11. Final Goodbye: Roll Call of Some of Those Who Died in 2016 -

Death claimed transcendent political figures in 2016, including Cuba's revolutionary leader and Thailand's longtime king, but also took away royals of a different sort: kings of pop music, from Prince and David Bowie to George Michael.

12. Riding Momentum -

Around this time each year, everyone tends to start fetishizing the blank slate a bit, with its attendant allure of reinvention and that sweeping away of the old order to make way for what comes next.

13. Germantown Park Offices Sell for Nearly $48 Million -

A large office park near the intersection of Germantown Parkway and Walnut Grove Road in Cordova has been sold for nearly $48 million.

New York-based DRA Advisors LLC, acting as DRA CRT Germantown Center LP, sold six parcels to Real Capital Solutions, acting as EAT-1615 LLC, for $47.8 million.

14. Last Call: Economic Indicator Survey Closes On Dec. 31 -

Memphis-based FedEx Corp. rightfully is considered an economic bellwether because of the front-line view the package delivery giant has on economic activity thanks to consumers’ purchasing and shipping habits.

15. Midtown Retail Property Sells for $5 Million -

1625 Poplar Avenue

Memphis, TN 38104 

Sale Amount: $5 million

Sale Date: Dec. 21, 2016

16. Many New Restaurants, Food Businesses Served Up in 2016 -

In a few weeks, the East Memphis space that once housed Cosmic Coconut will host a grand opening for its new incarnation.

It’s been reimagined as City Silo Table & Pantry, a concept that owner Scott Tashie – who also owns I Love Juice Bar in Midtown as well as the future I Love Juice Bar in Crosstown – said was a natural evolution. Encompassing a total of 2,600 square feet and anchored by a 10-foot farm table, City Silo expands on the expectation its owner says Cosmic Coconut set for “creative, clean eating” in Memphis.

17. Last Word: Liberty Bowl Memories, Talk About Violence and The Year In Ed & Med -

Grizz fall to the Celtics in Boston Tuesday 113-103. With Mike Conley and five other starters out. Away from triple digits, it is SMU over the Tigers at the Forum Tuesday 58-54.

18. Large Deals, Office Construction Among Memphis' Commercial Real Estate Trends -

Coming off of a strong year in 2015, the commercial real estate market in the Memphis metropolitan area continued to do well in 2016.

Larry Jensen, president and CEO of Cushman & Wakefield/Commercial Advisors, said his company was tracking approximately 6 million square feet of net absorption in the industrial market headed into the last week of 2016, as compared to 8.4 million in 2015.

19. Hickory Hill Apartments Sell for $28 Million -

A California-based real estate investment and advisory firm has purchased the 630-unit Trails at Mt. Moriah apartment complex for $28 million, or $44,444 per unit.

MDO Trails LLC, an affiliate of Newport Beach, California-based CORE Realty Holdings Management Inc., purchased the Class B multifamily property from NNN Mt. Moriah Apartments LLC and 39 related entities in a Dec. 13 warranty deed.

20. US Business Investment Rose in November for 2nd Month -

WASHINGTON (AP) – U.S. businesses stepped up their spending on industrial machinery, steel, and other big-ticket items last month, a sign that one of the economy's weak spots may be improving.

21. Developer Buys Former Merle Norman Warehouse -

3670 S. Perkins Road

Memphis, TN 38118

Sale Amount: $1.3 million

Sale Date: December 2016

Buyer: Farnsworth Investment Co.

22. Hickory Hill Apartments Sell for $28 Million -

A California-based real estate investment and advisory firm has purchased the 630-unit Trails at Mt. Moriah apartment complex for $28 million, or $44,444 per unit.

MDO Trails LLC, an affiliate of Newport Beach, California-based CORE Realty Holdings Management Inc., purchased the Class B multifamily property from NNN Mt. Moriah Apartments LLC and 39 related entities in a Dec. 13 warranty deed.

23. Village Shops of Forest Hill Sells for $37.1 Million -

A 360,000-square-foot commercial retail center in Germantown recently was purchased by Epic Real Estate Partners acting as EREP Forest Hill I LLC for $37.1 million.

24. Developer Buys Former Merle Norman Warehouse -

Merle Norman Cosmetics Inc. has sold its former Memphis distribution center to local real estate developer Thomas Farnsworth Jr. for $1.3 million.

25. Last Word: Epping Way, Conley's Return and 'Ascend' -

What is the encore after a year that has included the opening of Big River Crossing, the eastward expansion of the Shelby Farms Greenline across Germantown Parkway to the old town part of Cordova and the opening of Shelby Farms Park’s Heart of the Park renovation? Two words: Epping Way.

26. Memphis Chamber Announces Program to Assist Minority-, Women-Owned Businesses -

At a press conference fittingly held at the National Civil Rights Museum, The Greater Memphis Chamber announced their newest pilot program Thursday, Dec. 15: the Ascend Memphis Business Development Pilot Program.

27. Water Bottler to Open $78M Plant Near Byhalia, Hiring 38 -

BYHALIA, Miss. (AP) – A water bottling company will open a $78 million facility in Marshall County next year, hiring 38 workers.

Niagara Bottling, based in Ontario, California, is buying a 554,000-square-foot building in the Chickasaw Trail Industrial Park from Panattoni Development Co. Niagara makes private-label bottled waters, tea and sports drinks for retailers.

28. Local Developer Buys Former Merle Norman Warehouse -

Merle Norman Cosmetics Inc. has sold its former Memphis distribution center to local real estate developer Thomas Farnsworth Jr. for $1.3 million.

29. Wolf River Greenway’s Epping Way Segment Moves Toward May Opening -

The only trace of Berry Brooks’ Epping Way clubhouse and recreation area is a pair of wooden gabled stone posts across the curb cut and gravel entrance at the end of a Raleigh cul de sac.

The clubhouse and its parking lot just beyond the entrance on a hilltop that is still a verdant green days away from winter is long gone. A slim border, perhaps of a swimming pool, appears intermittently. The nine tennis courts are now a duck pond near the 20-acre lake that remains the centerpiece of the property.

30. Village Shops of Forest Hill Sold for $37.1 Million -

9155 U.S. Highway 72

Germantown, TN 38138

Sale Amount: $37.1 million 

Sale Date: December 2016

31. Faison’s Folly? Pushing Pot as a Conservative -

By just about any measure, state Rep. Jeremy Faison is a hardcore conservative. But when it comes to the cannabis plant, the East Tennessee legislator is ready to fire up the General Assembly with a move to liberalize the state’s pot law.

32. Development Projects Tied to Mid-South Reach $9.2B -

The number of development projects in the Memphis market has risen above $9 billion, according to data compiled by Cushman & Wakefield/Commercial Advisors.

The updated number comes from an ambitious project the commercial real estate firm began earlier this year called 901REnews.

33. Avison Young Names Director Of Property Management -

Avison Young has named Tim Norwood the new director of property management for its Memphis office, the Toronto, Canada-based commercial real estate services firm announced Monday, Dec. 12.

34. Village Shops of Forest Hill Sold for $37.1 Million -

A 360,000-square-foot commercial retail center in Germantown was recently purchased by Epic Real Estate Partners acting as EREP Forest Hill I LLC for $37.1 million.

35. Evolving PILOT Programs in Memphis Look to Restore Competitive Balance -

When the Memphis-Shelby County Economic Development Growth Engine approved its Fast Track payment-in-lieu-of-taxes (PILOT) program earlier this year, it was with the hopes of bringing back a competitive balance between Memphis and North Mississippi.

36. Growing Pains -

In many ways, Citizens to Preserve Overton Park v. Volpe in 1971 shaped the way Midtown Memphis looks today, so it’s only fitting that the park continues to inspire citizens to fight for what they feel is right.

37. Short-Term Leases Help Retail Industry Navigate Busy Shopping Season -

With the holiday shopping season already in full swing, some companies in need of additional space to help alleviate their seasonal storage requirements are finding willing landlords as partners.

Because holiday retail sales are expected to significantly rise above the 10-year average and increase 3.6 percent to $655.8 billion nationally, according to the National Retail Federation, it’s no surprise local companies are looking to work out year-end deals with landlords trying to fill leftover space.

38. US Bank Earnings Up Nearly 13 Percent in Q3 -

WASHINGTON (AP) – U.S. banks' earnings in the July-September period jumped nearly 13 percent from a year earlier as continued growth in lending fueled interest income.

The data issued Tuesday by the Federal Deposit Insurance Corp. showed strength in the banking industry more than eight years after the financial crisis struck. However, the impact of low oil prices on energy companies led banks to continue to post bigger losses on commercial and industrial loans. Some energy companies have struggled to repay loans, causing distress for banks in oil and gas producing regions.

39. Kirk-Ivy Named 2016 Mississippi Commercial Realtor -

Bambi K. Kirk-Ivy, a commercial Realtor and marketing director at Olive Branch-based Utley Properties, recently was recognized as the 2016 Mississippi Commercial Realtor of the Year at the annual Mississippi Realtors Convention and Expo.
As a landlord representative for all of Utley’s properties, most of Kirk-Ivy’s work has been in retail; however, she says the company is now focusing on light industrial-type flex spaces consisting of office, showroom and warehouse uses.
In 2017, she also will serve as the northern district director on the Mississippi Commercial Association of Realtors board of directors. 

40. Morris Auction Group Adds New Services in Destin, Fla. -

Six months after Memphis-based Morris Auction Group expanded into Destin, Florida, the company is expanding the scope of its services there.

Morris’ Destin branch, Luxury Estates Auction Co., has added a new arm focused on traditional real estate services. Called Luxury Estates Realty Group, the arm will focus on showcasing and selling high net worth properties in the Destin/30A area and the Northwest Florida region.

41. Mortgage Rates Keep Rising After Trump's Election Win -

WASHINGTON (AP) – Long-term U.S. mortgage rates continued to surge last week in the aftermath of Donald Trump's election win.

Mortgage giant Freddie Mac said Wednesday that the average rate on a 30-year fixed rate loan shot up to 4.03 percent, the highest since July 2015 and up from 3.94 percent a week earlier. The rate on 15-year home loans climbed to 3.25 percent, up from 3.14 percent last week and highest since January.

42. Morris Auction Group Adds New Services in Destin, Fla. -

Six months after Memphis-based Morris Auction Group expanded into Destin, Florida, the company is expanding the scope of its services there.

Morris’ Destin branch, Luxury Estates Auction Co., has added a new arm focused on traditional real estate services. Called Luxury Estates Realty Group, the arm will focus on showcasing and selling high net worth properties in the Destin/30A area and the Northwest Florida region.

43. Gill Seeks $25 Million Permit For New MAA Headquarters -

6815 U.S. 72

Germantown, TN 38138

Permit Amount: $25 million

Future Tenant: MAA

44. Memphis 3.0 Plan Weighs Scale Of Development -

Office towers close to smaller-scale retail or residential development is one of the themes in the still emerging plan for the expansion of St. Jude Children’s Research Hospital in the Pinch district.

45. Wyatt Aiken, Accomplished Memphis Commercial Real Estate Broker, Dies -

Widely known and highly respected Memphis commercial real estate broker Wyatt Aiken died Friday morning after an extended illness.

Aiken was executive vice president/CEO of Cushman Wakefield-Commercial Advisors. Among his many professional achievements, Aiken served as president of the SIOR (Society of Industrial and Office Realtors) Memphis Chapter in 2007-2008.

46. EDGE Board Approves Fast Track PILOT -

The Economic Development Growth Engine of Memphis and Shelby County approved an incentives request from International Distributors USA to relocate from Olive Branch and expand in Memphis.

The Fast Track payment-in-lieu-of-taxes (PILOT) clears the way for International Distributors to move from its current 165,000-square-foot location in Olive Branch to a 510,310-square-foot facility at 4770 Hickory Hill Road in South Memphis.

47. 1 Worker Killed, Another Injured at Cargill Plant In Memphis -

MEMPHIS, Tenn. (AP) – Police say a worker has been killed and another has been injured in an industrial accident at the Cargill plant in Memphis.

Memphis police spokesman Louis Brownlee says a wall collapsed during demolition at the plant at around 10:45 a.m. Wednesday. Brownlee says the injured worker was taken to a hospital in non-critical condition. The names of the workers have not been released.

48. St. Jude Planning Renovation Of Tri Delta Place -

350 N. Third St.

Memphis, TN 38105

Permit Amount: $3.5 million

Application Date: November 2016

49. Olive Branch Operation Eyes Relocation to Memphis -

International Distributors USA Inc., which distributes automotive filters under the brand Premium Guard, has applied for a 10-year Fast Track PILOT to move its national distribution center out of Olive Branch and into Hickory Hill.

50. Auto Safety Supplier Autoliv Moves Into Memphis -

Autoliv, the world’s largest auto safety supplier, has signed a lease to move into a 157,366-square-foot distribution facility in Olive Branch, Mississippi.

Hillwood Investment Properties announced the lease Monday, Nov. 14.

51. Specialized Lending Teams Helping Banks Build Business Relationships -

Standing apart from the competition in banking is not necessarily the simplest thing to do, given that key aspects of the industry – making loans, taking deposits and the like – look so similar from one institution to the next.

52. Last Word: Election Day Arrives, Compass Changes Course and Downtown Dining -

…Some notes and observations on Election Eve from someone who does this for a living…

Most of you – around 60 percent of the total number of people who will cast ballots in Shelby County in this election cycle – have already voted if past Presidential election cycles in Shelby County are any indication. You voted early.

53. The Role Of Conscious Corporations -

Denial of a human-centric world and its impact on the planet since the industrial revolution is no longer an acceptable worldview.

In March, we reached the point of no return, the point where most credible international scientists agree that damage will be unprecedented and relentless. As we have surpassed global CO2 concentrations at 400 parts per million (PPM), let’s make this alarm a time for changing the purpose of business.

54. Ten-X: Memphis 3rd Best Market for Industrial Investors -

The strength of the Memphis MSA industrial market has made it the third best market in the U.S. for investment buyers, according to a new report from online real estate transaction firm Ten-X LLC.

55. Cordova Flex Development Sells for $6.3 Million -

The Horizon Business Center, a flex warehouse development on the north side of Interstate 40 near Wolfchase Galleria, has sold for $6.3 million.

Three limited liability companies affiliated with Louisville, Colorado-based Real Capital Solutions bought the 23,750-square-foot building at 2525 Horizon Lake Drive and the 41,300-square-foot building at 2565 Horizon Lake Drive from MM Industrial Memphis LLC in an Oct. 25 warranty deed.

56. Experts: Memphis Competitive on Commercial Real Estate Front -

Incentives are an indispensable tool for attracting major corporate tenants to Memphis. Memphis industrial real estate activity is hot, there’s something of a war for office sector talent and there’s been good absorption of multifamily space in Memphis this year.

57. Local Real Estate Sectors Show Positive Absorption -

Vacancy in the Memphis MSA industrial market has hit a five-year low as 3.5 million square feet of space has been absorbed so far this year, according to the latest MarketView Report from CBRE.

In the third quarter, the Memphis MSA saw 843,827 square feet of positive net absorption, down about 27 percent from the previous quarter.

58. Austin Insulation Stays On Call Even Into the Middle of the Night -

The work won’t wait. When it needs to be done, it needs to be done and it needs to be done right. Wayne Austin, president of Austin Insulation, has always operated with that mindset.

59. Tire Plant Breaks Ground Amid Concerns Over Local Contracts -

CLINTON, Miss. (AP) – Mississippi and Continental AG leaders Thursday celebrated the start of construction of the German company's $1.45 billion tire plant west of Jackson.

But during the ceremonial groundbreaking, U.S. Rep. Bennie Thompson added his voice to those who want local and minority-owned businesses to get as much of the work involved in the mammoth construction project as possible.

60. Memphis Real Estate Sectors All Show Positive Absorption -

Vacancy in the Memphis MSA industrial market has hit a five-year low as 3.5 million square feet of space has been absorbed so far this year, according to the latest MarketView Report from CBRE.

In the third quarter, the Memphis MSA saw 843,827 square feet of positive net absorption, down about 27 percent from the previous quarter.

61. All Roads End in Hollywood -

Blame it on Disney Pixar. When our son was younger he was obsessed with the “Cars” movie.

So when planning what originally was supposed to be a Route 66 road trip, who couldn’t pass up the opportunity to stay in a concrete wigwam that closely resembles the Cozy Cone Motel from the movie?

62. Commercial Real Estate Market On Strong Run -

When it comes to commercial real estate, Memphis is on a tear at the moment.

That’s according to Andy Cates, president and CEO of brokerage services for Colliers International in Memphis. Looking back on 2016, he’s ebullient about the abundant new construction that has characterized the year, as well as the large amount of capacity still in place and the promise of what’s to come in 2017.

63. Last Word: Election Impact, Fun with Election Cross Tabs and DeSoto vs. Marshall -

Now, about the idea being discussed starting late last week that when the Feds are looking at someone running for office or holding office they have to take into consideration how close the next election is for that person.

64. GE, Baker Hughes Create Powerful New Player in Energy Sector -

NEW YORK (AP) – General Electric is taking advantage of a prolonged energy slump to become a bigger player in the oil and gas drilling business, a bet that could pay off big when prices recover.

65. Cordova Flex Development Sells for $6.3 Million -

The Horizon Business Center, a flex warehouse development on the north side of Interstate 40 near Wolfchase Galleria, has sold for $6.3 million.

Three limited liability companies affiliated with Louisville, Colorado-based Real Capital Solutions bought the 23,750-square-foot building at 2525 Horizon Lake Drive and the 41,300-square-foot building at 2565 Horizon Lake Drive from MM Industrial Memphis LLC in an Oct. 25 warranty deed. The seller had owned the properties since 2005.

66. McNeill Commercial Real Estate Thrives By Focusing on Flexibility -

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.

67. Industrial Real Estate Competition Heats Up Between DeSoto, Marshall -

A North Mississippi industrial park more than 10 years in the making is reaching the finish line. By next May, Hillwood Investment Co. will wrap construction on a 947,000-square-foot warehouse on the final parcel in the DeSoto Trade Center.

68. Real Estate Awakening -

The year’s biggest office deal didn’t affect Memphis’ office absorption at all, but everyone in real estate has felt its reverberations.

When ServiceMaster Global Holdings announced its move to the shuttered Peabody Place Mall from Ridge Lake office park, it promised new life for a 328,000-square-foot black hole in Downtown’s retail market.

69. Last Word: MATA Plans Bigger, Tiger Football Exits and Heartbreak Hotel Closes -

With a set of route and schedule changes about to hit the streets in December, the Memphis Area Transit Authority is embarking on a larger more comprehensive change in the city’s bus system. It is nothing less than a rebuilding of the city’s public transportation system that starts the planning process in November.

70. Spate of Big Deals Among CRE Trends In 2016 -

Ask CBRE senior associate Gray Fiser to sum up the commercial real estate market in Memphis over the course of 2016, and he’s ready with a few quick bullet points by way of reply.

Fast forward, say, five years from now, he explains, and these are the things likely still being talked about:

71. With MAA, TraVure Is Gateway To Germantown -

The developer of Germantown’s mixed-use TraVure project is anxious to start work on the development’s centerpiece, a five-story Class A office building that now has an anchor tenant for most of the space – the headquarters of Memphis-based MAA, or Mid-America Apartment Communities Inc.

72. Last Word: MAA and TraVure, JT Votes Early and Minority Biz Momentum -

Big news overnight for one of several corporate headquarters moves we’ve been watching in the last year. Mid-America Apartments LP is poised to become the anchor of the TraVure mixed-use development on the western side of Germantown.

73. Germantown PILOT for MAA Headquarters Move to TraVure Approved -

Memphis-based Mid-America Apartments LP has won approval from Germantown leaders of financial incentives for a new headquarters in the TraVure development in Germantown.

74. Germantown PILOT for MAA Headquarters Move to TraVure Approved -

Memphis-based Mid-America Apartments LP has won approval from Germantown leaders of financial incentives for a new headquarters in the TraVure development in Germantown.

75. Olymbec Buys Midtown Office Building for $10.2M -

Canada-based Olymbec has purchased a Midtown office building for $10.2 million.

G&I Mid Memphis Tower LLC sold the property to Olymbec USA LLC in an Oct. 5 warranty deed.

76. International Paper Co. Executives Retiring -

International Paper chief financial officer Carol Roberts will retire at the end of March along with William Hoel, the senior vice president of IP’s container division for the Americas, the company has announced.

77. Medical District Begins Buy Local Program -

Nine hospitals and universities within the Memphis Medical District are inviting Memphis-based innovators, entrepreneurs and existing companies to help solve operational challenges within their supply chain.

78. US Factory Production Rebounded in September -

WASHINGTON (AP) — U.S. manufacturers boosted output modestly last month, led by greater production of construction supplies, autos and petroleum products.

Factory production rose 0.2 percent in September, following a decline of 0.5 percent in the previous month, the Federal Reserve said Monday. The broader industrial production category, which includes mining and utilities, ticked up 0.1 percent.

79. Innovation And The Tech World -

While the world of technology has filled the world with tools of productivity and connection, it has its drawbacks. Many people today suffer from the shadow side of technology.

Droves of burned out, screen-addicted zombies sign up for Digital Detox weekends. Families schedule a family night without cellphones at the table once a week or only allow their preschoolers to play games after reading. Technology has imploded many of the societal norms we once held sacred: look how online dating has disrupted generations of rituals.

80. Olymbec Makes Midtown Office Purchase -

Canada-based Olymbec has purchased a Midtown office building for $10.2 million.

G&I Mid Memphis Tower LLC sold the property to Olymbec USA LLC in an Oct. 5 warranty deed.

81. Two International Paper Executives to Retire -

International Paper chief financial officer Carol Roberts will retire at the end of March along with William Hoel, the senior vice president of IP’s container division for the Americas, the company has announced.

82. Southeast Memphis Portfolio Sells for $23.6 Million -

Multiple Properties

Memphis, TN 38118

Sale Amount: $23.6 million

Sale Date: Sept. 27, 2016

83. Construction Set to Begin on 5-Mile Trail in West Memphis -

LITTLE ROCK, Ark. (AP) – Crittenden County officials said a proposed 5-mile walkway along the Mississippi River wetlands will generate more tourism revenue to West Memphis and encourage industrial development.

84. Four Properties Sold On Presidents Island -

Four industrial properties on Presidents Island have sold for $18 million.

Ergon Terminaling Inc. sold the properties in an Oct. 5 warranty deed to BKEP Terminalling LLC. Robert H. Lampton, president, signed on behalf of the seller.

85. Meet Olli -

With deep and well-funded resources such as Oak Ridge National Laboratory and the University of Tennessee, the Knoxville region is no stranger to innovation in science and technology.

But a new kid on the block, Local Motors, has the potential to spark a whole new era of manufacturing innovation and make Knoxville a hotbed for a technology sector widely considered to be truly revolutionary – self-driving cars.

86. Silicon Ranch Developing Millington Solar Farm for Long Haul -

Millington is about to be the home of the largest solar power plant in Tennessee thanks to a public and private partnership with a commitment to renewable energy.

The project brings together private Nashville-based renewable energy provider Silicon Ranch Corp. with the U.S. Navy, Tennessee Valley Authority (TVA), Memphis Light, Gas and Water Division and the Millington Industrial Development Board (MIDB), all large public entities with overlapping initiatives, which is no small feat, according to all the parties involved.

87. 4 Presidents Island Properties Sold -

Four industrial properties on Presidents Island have sold for $18 million.

Ergon Terminaling Inc. sold the properties in an Oct. 5 warranty deed to BKEP Terminalling LLC. Robert H. Lampton, president, signed on behalf of the seller.

88. Two More Boutique Hotels to Arrive Soon -

An out-of-town developer with one hotel planned for the Downtown market has purchased the former Memphis College of Art graduate school at 477 South Main for another hotel.

California-based Wessman Holdings was attracted to Downtown’s growth of boutique hotels and abundance of vacant buildings, said principal John Wessman.

89. Logistical Nightmare -

Lamar Avenue is a $300 million problem. Rush hour on Lamar turns into several hours, and for the hundreds of distribution centers located near the corridor, just-in-time delivery is nearly impossible in the face of miles of congested traffic.

90. Police: Man Who Shot 2 at Tennessee Plant Had Gun Permit -

ATHENS, Tenn. (AP) – A man who fatally shot two supervisors and then killed himself at an electrical components plant in eastern Tennessee had a state-issued permit to carry handguns in public, law enforcement officials said Friday.

91. Utility Manufacturer Announces $12M Arkansas Plant Expansion -

BATESVILLE, Ark. (AP) – A manufacturer of four-wheel drive utility vehicles and zero-turn mowers says it's expanding its manufacturing plant in Arkansas and building a second facility, a move the company says will add 400 new full-time employees over four years.

92. With Economic Outlook Hazy, Fed Likely to Leave Rates Alone -

WASHINGTON (AP) – Again and again in recent months, the Federal Reserve has signaled that it's edging closer to resuming the interest-rate hikes it began in December.

It just doesn't seem to be there quite yet.

93. Trio of Industrial Properties Sells for $9.6 Million -

Three industrial properties in southeast Shelby County have sold for $9.6 million.

In a Sept. 8 warranty deed, Colfin Cobalt I-II Owner LLC sold its holdings at the Malone Distribution Park to O’Donnell Memphis E-Commerce Distribution Center LLC.

94. A Flurry of Tepid Economic Data Could Lead Fed to Delay Hike -

WASHINGTON (AP) – U.S. factory output fell, consumers cut back at retailers and wholesale prices went nowhere in August, the latest evidence of a less-than-robust economy. The weak numbers could give the Federal Reserve further reason to hold off on raising interest rates when it meets next week.

95. US Retail Sales Slump 0.3 Percent, Ending 4 Months of Gains -

WASHINGTON (AP) – U.S. shoppers retreated in August, cutting back their spending at auto dealers, furnishers and building material stores to depress overall retail sales after four straight monthly gains.

96. US Manufacturing Output Stumbled in August -

WASHINGTON (AP) – U.S. factory production fell last month amid cutbacks in appliances, home electronics and machinery, threatening hopes for a manufacturing rebound after two previous months of gains.

97. Last Word: Rallings on Protests, New Home Sales Numbers and Special Session Over -

$10 million goes a long way toward establishing a new school.

But Crosstown High School was not among the new high schools that garnered grants Wednesday from the XQ Super School Project.

98. Three Industrial Properties Sell for $9.6 Million -

Malone Distribution Park 

Memphis, TN 38118

Sale Amount: $9.6 million

Sale Date: Sept. 8

99. Trio of Industrial Properties Sells for $9.6 Million -

Three industrial properties in southeast Shelby County have sold for $9.6 million.

In a Sept. 8 warranty deed, Colfin Cobalt I-II Owner LLC sold its holdings at the Malone Distribution Park to O’Donnell Memphis E-Commerce Distribution Center LLC.

100. US Stocks Slump As Traders Fear Higher Interest Rates -

Investor jitters over the possibility the Federal Reserve is ready to raise interest rates this year roiled Wall Street Friday, handing the stock market its worst day in more than two months.

The Dow Jones industrial average sank nearly 400 points, its worst single-day loss since June. The broad slump wiped out two months of gradual gains, jolting the market out of a mostly flat course over the past several weeks.