Editorial Results (free)
1.
The Roads To and From Memphis -
Thursday, July 26, 2018
It’s true, all roads lead to and from Memphis. I have experienced it too many times not to believe it. Most recently, I experienced it this summer.
A few weeks ago, a group of 11 students, their principal, and three teachers from LaSalle College High School, a Christian Brothers school in Philadelphia came to Memphis on a mission trip to serve and to learn. They left changed by the experience, and the interconnectedness of all who seek to serve.
2.
JLL Circling Again Just When State Workers Felt Safe from Outsourcing -
Thursday, July 19, 2018
Just when workers at the state’s college campuses thought it was safe to go back in the water, corporate sharks are once again circling.
Jones Lang LaSalle, the state’s contractor for facilities management and grounds, asked to make proposals at Tennessee’s 13 junior colleges to see if it can take over. Tennessee’s colleges of applied technology are believed to be in the mix, too.
3.
R&B Singer-Songwriter Denise LaSalle Dies in Tennessee -
Thursday, January 11, 2018
JACKSON, Tenn. (AP) – Singer and songwriter Denise LaSalle, whose hit "Trapped by a Thing Called Love" topped the R&B charts in 1971, has died. She was 78.
Musician and producer Lawrence "Boo" Mitchell, owner of Royal Studios in Memphis, Tennessee, and a close family friend of LaSalle's, said Tuesday that the singer died in Jackson, Tennessee. Another family friend, Howard Rambsy, said she died Monday night at a hospital, surrounded by family.
4.
Attorney Wooten Joins Evans Petree as Shareholder -
Wednesday, December 27, 2017
Attorney William Allen Wooten has joined Evans Petree PC as a shareholder, working in the firm’s Memphis office as well as its new location at the current Wooten Law Firm in Covington, Tennessee.
5.
Lukassen Takes Treasury Management Role at FHN -
Saturday, December 23, 2017
First Tennessee Bank has tapped a financial services industry veteran to head up its treasury management sales team.
6.
Lukassen Joins First Tennessee In Treasury Management Role -
Friday, December 22, 2017
First Tennessee Bank has tapped a financial services industry veteran to head up its treasury management sales team.
7.
Haslam: No Retaliation For Outsourcing Decisions -
Saturday, November 11, 2017
Tennessee Gov. Bill Haslam says his administration won’t retaliate against several University of Tennessee campuses that opted against his effort to privatize facilities management services at higher education institutions.
8.
Haslam: Campuses That Don’t Outsource Face No Retaliation -
Wednesday, November 8, 2017
NASHVILLE, Tenn. (AP) — Tennessee Gov. Bill Haslam says his administration won’t retaliate against several University of Tennessee campuses that opted against his effort to privatize facilities management services at higher education institutions.
9.
UT-Knoxville Says No to Haslam Outsourcing Option -
Wednesday, November 1, 2017
KNOXVILLE, Tenn. (AP) – The University of Tennessee at Knoxville won't be outsourcing facilities management services under an option offered by Gov. Bill Haslam's administration.
In a message posted Tuesday on the university's website, Chancellor Beverly J. Davenport said the decision is due to the university's extensive financial analyses, the complexity of the work done on the research-intensive campus, and its commitment to East Tennessee's economy and its workforce.
10.
Outsourcing Bid at Tennessee University Would Cost More -
Friday, October 20, 2017
NASHVILLE, Tenn. (AP) – A bid to outsource facilities management at Tennessee colleges and universities would cost the University of Tennessee at Chattanooga a quarter-million dollars more than its current expenses in-house.
11.
JLL Signs Contract in Tennessee Outsourcing Plan -
Saturday, June 3, 2017
Real estate giant Jones Lang LaSalle has signed a five-year contract in Republican Gov. Bill Haslam’s plan to privatize property management on the campuses of Tennessee’s public colleges and universities.
12.
JLL Signs Contract In Tenn. Outsourcing Plan -
Tuesday, May 30, 2017
Real estate giant Jones Lang LaSalle has signed a five-year contract in Republican Gov. Bill Haslam’s plan to privatize property management on the campuses of Tennessee’s public colleges and universities.
13.
North Mississippi Developers Gear Up to Land Large Clients -
Monday, May 29, 2017
With almost 3.5 million square feet of speculative space floating around in North Mississippi just between Crossroads Distribution Center and Gateway Global Logistics Center alone, it appears that there is no shortage of interest in the region from prospective clients.
14.
IDI Gazeley Adding Two Spec Buildings -
Saturday, May 20, 2017
IDI Gazeley, Memphis’ leading industrial developer, has announced it will be adding two new buildings totaling nearly 2 million square feet to its Crossroads Distribution Center in Olive Branch.
15.
IDI Gazeley Adding Two Spec Buildings -
Thursday, May 18, 2017
IDI Gazeley, Memphis’ leading industrial developer, has announced it will be adding two new buildings totaling nearly 2 million square feet to its Crossroads Distribution Center in Olive Branch.
16.
IDI Adding Two Spec Buildings Totaling Nearly 2 Million Square Feet -
Wednesday, May 17, 2017
IDI Gazeley, Memphis’ leading industrial developer, has announced it will be adding two new buildings totaling nearly 2 million square feet to its Crossroads Distribution Center in Olive Branch.
17.
Lawmakers Still Seek Answers as Outsourcing Contract Gets Underway -
Tuesday, May 2, 2017
A majority of Tennessee’s legislators, including several Shelby County lawmakers, are asking the state to hold up on a facilities management outsourcing contract with Jones Lang LaSalle.
Seventy-five of the General Assembly’s 132 members, 17 in the Senate and 58 in the House, have signed a letter to Terry Cowles, director of the Office of Customer Focused Government, asking the office to slow down on outsourcing so it can “study and understand the effect” on public services, the economy and state employees.
18.
Democrats Put Squeeze on Republicans To Defeat Outsourcing of State Assets -
Wednesday, April 5, 2017
Legislative Democrats are calling on Republicans to join them in passing a slate of bills to combat Gov. Bill Haslam’s outsourcing plans for everything from state parks to facilities management at universities.
19.
Democrats Put Squeeze on Republicans to Defeat Outsourcing -
Tuesday, April 4, 2017
Legislative Democrats are calling on Republicans to join them in passing a slate of bills to combat Gov. Bill Haslam’s outsourcing plans for everything from state parks to facilities management at universities.
20.
Last Word: Watching the Masthead, Dunavant Award Winners and Gin Blossoms -
Thursday, March 30, 2017
Jones Lang LaSalle says it can save the University of Memphis and by extension the state 12.5 percent of the cost of running its facilities. That’s included in a statewide higher education facilities contract the Haslam administration appears poised to award in a fast-moving return to privatization proposals. But the administration is encountering resistance from legislators who cite a letter from the Tennessee Comptroller that calls into question the cost savings estimates.
21.
Lawmakers Blast Haslam Administration for Process Toward JLL Contract -
Thursday, March 30, 2017
The Tennessee Department of General Services is set to award a statewide contract for facility management services to Jones Lang LaSalle, a company that already handles 10 percent of state office space and estimates a 15.9 percent savings if all higher education institutes participate.
22.
View From the Hill: Outsourcing, Rates Worry Park Fans -
Thursday, February 16, 2017
Dunlap resident Kathy Gilbert opposes privatization of Fall Creek Falls on a number of fronts.
If a vendor comes in to run the state park, as planned by Gov. Bill Haslam’s administration, she’s worried about the possible loss of jobs or pay and benefits by state employees, the funneling of revenue to private investors and the raising of rates at the state park’s lodge when it’s rebuilt, potentially making it less affordable for families to visit.
23.
Dave & Buster’s to Open Cordova Location -
Thursday, January 19, 2017
7930 Germantown Parkway
Memphis, TN 38133
Landlord: Brixmor Property Group
Tenant: Dave & Buster’s
24.
Germantown Apartment Complex Sells for $32M -
Monday, January 16, 2017
Whitney Management Corp., a Texas-based apartment management company, recently added to its Memphis portfolio with the purchase of a 252-unit apartment complex in Germantown.
25.
Outsourcing: Savings, But No Specifics -
Thursday, December 8, 2016
The Haslam administration is forging ahead with plans to nab a statewide facilities services contractor after an outside analysis backed up a study showing estimated cost savings of more than $35 million a year at Tennessee universities.
26.
Cordova’s Parkway Place Sells in Foreclosure -
Thursday, September 1, 2016
1250 N. Germantown Parkway
Cordova, TN 38016
Sale Amount: $19.6 million
Sale Date: Aug. 24, 2016
27.
Parkway Place in Cordova Sells for $19.6 Million in Foreclosure -
Tuesday, August 30, 2016
Cordova’s Parkway Place shopping center and three adjacent properties have sold in foreclosure for $19.6 million.
The properties entered into foreclosure after its owners – 19 North Carolina limited liability companies – defaulted on a $22.5 million loan, according to a first-run foreclosure notice in the Friday, Aug. 5, edition of The Daily News.
28.
Four Cordova Properties Facing Foreclosure -
Saturday, August 6, 2016
Cordova’s Parkway Place shopping center and three adjacent properties have entered into foreclosure after its owners – 19 North Carolina limited liability companies – defaulted on a $22.5 million loan, according to a first-run foreclosure notice in the Friday, Aug. 5, edition of The Daily News.
29.
Four Cordova Properties Facing Foreclosure -
Friday, August 5, 2016
Cordova’s Parkway Place shopping center and three adjacent properties have entered into foreclosure after its owners – 19 North Carolina limited liability companies – defaulted on a $22.5 million loan, according to a first-run foreclosure notice in the Friday, Aug. 5, edition of The Daily News.
30.
Outsourcing Savings Estimates Strain ‘Credulity’ -
Thursday, May 19, 2016
Terry Cowles flashes a photo of ceiling lamp fixtures on the screen and tells state legislators a vendor’s state Capitol team used its electrical training to remove, repair and reinstall fixtures, saving taxpayers $15,500.
31.
Beale Authority Encounters Familiar Headwinds -
Monday, March 21, 2016
Somewhere near the beginning of the Thursday, March 17, meeting of the Beale Street Tourism Development Authority, Caren Nichol talked about how unique the entertainment district is because of its cultural and historical importance.
32.
Beale Authority Reopens Management Firm Search, Draws Fire -
Friday, March 18, 2016
The Beale Street Tourism Development Authority has decided to reopen the process for finding a manager for the entertainment district, putting off the selection of a firm possibly until September.
In seeking new proposals by the end of June, the authority voted to keep the proposals from four companies the group has been reviewing for several months and allow those companies to amend their proposals if they wish.
33.
Bipartisan Skeptics Doubt Haslam’s Outsourcing Plan -
Thursday, March 17, 2016
Poor timing and questionable numbers: That’s how legislators are viewing a business justification plan for outsourcing facilities management across Tennessee.
The Office of Customer Focused Government tells state senators, if all departments opt in, the state could save $35.8 million by the second year of a contract under study for building operations and services – without laying off state workers or cutting pay and benefits.
34.
Rare Wins for Democrats on Guns, Outsourcing -
Thursday, February 25, 2016
Legislative Democrats got a chance to beat their chests a little bit after a proposal to allow guns in the state Capitol and Legislative Plaza failed, and they hope to do the same with outsourcing.
35.
Beale Street Management Firm Possibly On March Agenda -
Monday, February 22, 2016
The Beale Street Tourism Development Authority may be ready to pick a day-to-day manager for the entertainment district at its March 10 meeting.
But after meeting with leaders of the four companies who have formally applied for the job, members of the authority said last week they have a lot of information and are looking for some more detail before making a decision.
36.
Four Beale Street Proposals Feature Different Backgrounds -
Monday, January 18, 2016
Jeff Sanford fielded inquiries from 17 or 18 companies, local and out of town, expressing some level of interest in the contract to manage the Beale Street entertainment district.
37.
4 Applicants Up for Beale Street Gig -
Friday, January 15, 2016
A Fortune 500 corporation, the Memphis-based company behind the Delta Fair, a Memphis real estate management firm with office experience, and a newly formed group of Memphians with experience in real estate, entertainment and restaurants as well as commercial development and financing. Those are the four companies that have applied to manage the Beale Street entertainment district.
38.
Competition for Jones Lang Lasalle in Tennessee -
Thursday, December 3, 2015
Amid debate about privatization within state government, legislators are glad to see Tennessee seeking competition in its building leasing program.
“To me, when you’ve got competition, you’ve got people who may do something for next to nothing just to get their foot in the door,” says state Rep. Mike Sparks, who raised questions about the state’s leasing program and contract with Jones Lang Lasalle, which started charging commissions when it got involved in 2012.
39.
Tennessee’s Landlords Find Hidden Costs of Privatization -
Thursday, November 12, 2015
Murfreesboro businessman Tom Hyde felt the sting of Tennessee’s privatization practices two years ago when a representative of Jones Lang Lasalle notified him he would have to pay the company a commission as part of his next lease agreement.
40.
Bipartisan Brakes for Governor Haslam’s Privatization Push -
Thursday, October 29, 2015
Plans to put Tennessee’s real estate and government operations in the hands of private business are much further along than Gov. Bill Haslam would like people to think.
A master of downplaying big issues, Haslam says he’s simply looking for ways to make government run more efficiently and save money.
41.
Is State’s Role to Provide a Service or Turn a Profit? -
Thursday, September 3, 2015
Tennessee Gov. Bill Haslam appears to be on the brink of privatizing state government. But he won’t be able to do it without a battle, especially from university unions and Democratic lawmakers.
42.
Pinnacle Awards Honor Commercial Real Estate Standouts -
Monday, April 13, 2015
The local commercial real estate community gathered at the Memphis Botanic Garden Thursday, April 9, for the 14th annual Pinnacle Awards. Every year, the Memphis Area Association of Realtors Commercial Council honors its members based on their transactional volume, merit and community activity.
43.
Wave of New Retail Construction Boosts Contractors -
Saturday, March 7, 2015
Retail development in the Memphis area is booming in what construction and retail officials describe as the most active period for retail construction since the recession, with everything from a massive outlet mall in Southaven to grocery stores and smaller, traditional retail centers going up.
44.
Shelby Farms Conservancy Seeks $7.2 Million in Permits -
Tuesday, February 3, 2015
6093 N Patriot Lake Blvd.
415 E. Patriot Lake Blvd.
Memphis, TN 38118
Permit Amount: $7.2 million
45.
Airport Business Park Sells for $4.7 Million -
Saturday, January 31, 2015
A group affiliated with a Dallas-based commercial real estate financing company has acquired Airport Business Park at a significant discount.
CRE ABP Memphis LLC, which is affiliated with Dallas-based Gearing Capital Partners Inc., bought Airport Business Park from Allegiance Realty Corp. for $4.7 million, according to a Jan. 21 warranty deed.
46.
Airport Business Park Sells for $4.7 Million -
Tuesday, January 27, 2015
A group affiliated with a Dallas-based commercial real estate financing company has acquired Airport Business Park at a significant discount.
CRE ABP Memphis LLC, which is affiliated with Dallas-based Gearing Capital Partners Inc., bought Airport Business Park from Allegiance Realty Corp. for $4.7 million, according to a Jan. 21 warranty deed.
47.
Tennessee Now Seeks to Renovate Cordell Hull Building -
Friday, August 22, 2014
NASHVILLE (AP) – Gov. Bill Haslam's administration is backing off earlier plans to demolish the 60-year-old Cordell Hull office building located next to the state Capitol in Nashville and instead hopes to renovate it.
48.
Lenox Park Professional Buildings Sell for $6.1 Million -
Tuesday, April 29, 2014
The Lenox Park Professional Buildings A and B at 3175 Lenox Park Drive and 6625 Lenox Park Drive have sold for a combined $6.1 million following a foreclosure.
49.
Pahlow Wins Broker of the Year -
Monday, April 7, 2014
After enduring early struggles in his commercial real estate career, Scott Pahlow has reached the top of his industry.
Pahlow, an executive vice president with Newmark Grubb Memphis, was named Commercial Broker of the Year Thursday night at the Memphis Area Association of Realtors Commercial Council’s 13th annual Pinnacle Awards gala.
50.
‘Champion of Working Man’ Rep. Turner Set to Retire -
Wednesday, March 19, 2014
State Rep. and Nashville Democrat Mike Turner is retiring from the General Assembly and considering a run for mayor.
51.
Audit Critical of Company Hired to Manage Assets -
Friday, November 15, 2013
NASHVILLE (AP) – Tennessee Gov. Bill Haslam says the state has benefited from a company hired to manage its assets, despite a comptroller's report that suggests the company may have benefited from its own advice, creating a conflict of interest.
52.
Overton Square Bogie's Closed by State -
Saturday, September 14, 2013
The Bogie’s Delicatessen at 2098 Lasalle Place in Overton Square has been closed by the state for failure to pay taxes.
53.
Overton Square Bogie’s Closed by State -
Thursday, September 12, 2013
The Bogie’s Delicatessen at 2098 Lasalle Place in Overton Square has been closed by the state for failure to pay taxes.
54.
State Architect Named to Head General Services -
Friday, August 9, 2013
NASHVILLE (AP) – Gov. Bill Haslam has named Robert E. Oglesby to become the new commissioner of the state Department of General Services.
Oglesby, who currently serves as state architect, will replace Steve Cates, who is leaving the Cabinet on Aug. 20 to return to private business.
55.
State Delays Office Lease Announcement -
Wednesday, July 24, 2013
Groups hoping to garner the state’s real estate needs Downtown will have to wait a little longer to find out if they placed the winning bid.
The state had originally planned to issue a notice of awarding the lease for its office space needs Tuesday, July 23, but that date has been changed to Aug. 19, when the executive subcommittee of the State Building Commission meets.
56.
Six Bids Taken as State Looks to Lease Office Space -
Monday, July 15, 2013
The state has taken six sealed bids on Nashville office space with the intent of moving workers out of the state-owned Cordell Hull Building.
The Tennessean reported among the bids are those from Lifeway Christian Resources and Bellsouth Telecommunications LLC.
57.
LeSaint Logistics Leases Space Near Airport -
Friday, July 12, 2013
LeSaint Logistics LLC is entering the Memphis market, having recently leased 57,285 square feet at 3300 Jet Cove.
58.
Five Groups Bid for State Office Space -
Monday, July 8, 2013
Five groups have submitted bids to become the new home to roughly 900 state workers.
JP-Memphis, Memphis Commerce Square Partners, Peabody Tower GP, Peabody Place Gold GP and Hertz Memphis all submitted bids for the state’s real estate needs.
59.
Deadline Arrives for State’s Office Space Needs -
Tuesday, July 2, 2013
The future of the state’s role as a major employer and user of office space Downtown could become much clearer next month.
Proposals are due Tuesday, July 2, for 100,000 square feet of office space that will become vacant when the state abandons the Donnelly J. Hill State Office Building Downtown.
60.
Jamesbridge Apartments Sell for $3.6 Million -
Tuesday, June 25, 2013
3689 James Road Memphis, TN 38128
Sale Amount: $3.6 million
Sale Date: June 6, 2013
61.
The Ghost Of Claude Rains -
Friday, June 21, 2013
SHOCKED, SHOCKED. You know who Claude Rains was, don’t you? Played Captain Renault in the 1942 classic “Casablanca”?
Sure you do.
You remember what the corrupt Captain said when he closed the casino – where he gambled every night – in Rick’s Café Américain, “I’m shocked, shocked to find that gambling is going on in here!”
62.
Jamesbridge Apartments Sell for $3.6 Million -
Wednesday, June 19, 2013
A California company has bought the 432-unit Jamesbridge Apartments at 3689 James Road in Raleigh for $3.6 million.
63.
Private Firm to Benefit From State Leases -
Monday, June 3, 2013
NASHVILLE, Tenn. (AP) — A real estate services firm that recommended Tennessee unload some state office buildings stands to benefit from helping the state lease space in the private market.
64.
State Zeros in on Downtown Office Space -
Monday, May 13, 2013
The future of the state’s role as a major employer and user of office space Downtown could become much clearer this week.
Proposals are due Thursday, May 16, for 100,000 square feet of office space that will become vacant when the state abandons the Donnelley J. Hill State Office Building Downtown. A recent request for proposals from the agency that handles state real estate appears to put the state’s focus entirely on Downtown.
65.
Esrael Celebrates 30 Years at First South Financial -
Saturday, April 27, 2013
Even as a young man right out of graduate school, Craig Esrael knew how to spot an opportunity.
Three decades later, the president and CEO of First South Financial still sees value in banking on a smaller scale.
66.
U of M Files Permit for New Residence -
Tuesday, February 26, 2013
3615 Central Ave. Memphis, TN 38111
Permit Cost: $43.5 million
Project Cost: $53 million
67.
Jamesbridge Apartments Sells for $7.2 Million in Foreclosure -
Thursday, February 21, 2013
The 432-unit Jamesbridge apartments at 3689 James Road in Raleigh sold to a special servicer for $7.2 million after a foreclosure.
68.
Foreclosure Notice Filed on Jamesbridge Apartments -
Monday, January 14, 2013
A first-run foreclosure notice has been filed against the owner of the 432-unit Jamesbridge apartments at 3689 James Road in Raleigh.
69.
Changing Market -
Wednesday, January 2, 2013
Much of 2012’s commercial real estate deals could be summed up in one of three phrases: speculative construction, institutional buyers and unusual transactions.
The first quarter was kicked off when Industrial Developments International Inc. revealed plans to add one build-to-suit and two speculative buildings in its Crossroads Distribution Center in Olive Branch – marking the area’s first spec construction since 2008.
70.
Makowsky Ringel Greenberg Beefs Up Commercial Team -
Tuesday, December 18, 2012
Makowsky Ringel Greenberg LLC is sharpening the focus of its commercial real estate division to stabilize its existing portfolio as well as build its third-party brokerage in the Memphis market.
71.
High-Stakes Game -
Saturday, December 15, 2012
At week’s end, International Paper Co. appeared ready to move forward with officially applying for a package of tax incentives as part of a plan to expand the company’s headquarters in the city.
72.
High-Stakes Game -
Saturday, December 15, 2012
At week’s end, International Paper Co. appeared ready to move forward with officially applying for a package of tax incentives as part of a plan to expand the company’s headquarters in the city.
73.
Firm Selected to Market Mall of Memphis Site -
Wednesday, November 28, 2012
The local office of Jones Lang LaSalle has been selected to market the former Mall of Memphis property for industrial tenants.
Johnson Development Associates Inc. closed in April on the 113-acre site in the southwest quadrant of Interstate 240 and Perkins Road for $2.7 million. The Spartanburg, S.C.-based developer plans to build an industrial park called Aerotropolis Logistics Park that can accommodate two or more speculative or build-to-suit facilities of up to 1.2 million square feet.
74.
Two Lenox Park Buildings Facing Foreclosure -
Wednesday, November 7, 2012
Lenox Park Professional Buildings A and B are facing a foreclosure sale after the properties’ owners defaulted on a 2007 loan for $17.3 million, according to a foreclosure notice in The Daily News’ Wednesday, Nov. 7, edition.
75.
Hampton Inn Southwind in Foreclosure -
Monday, September 17, 2012
The Hampton Inn Memphis-Southwind hotel, 3579 Hacks Cross Road, is in foreclosure after its Memphis-based ownership group defaulted on an $11.5 million loan.
76.
Board of Bankrupt Pinnacle Airlines Gets Update on Headquarters Costs -
Friday, August 24, 2012
Pinnacle Airlines Corp.'s board opened a two-day meeting Wednesday, but isn't expected to decide yet whether to keep company headquarters in Memphis.
77.
Two Lenox Park Bldgs. in Foreclosure -
Friday, July 27, 2012
Two buildings in the Lenox Park office complex are facing a foreclosure sale after the properties’ owners defaulted on a 2007 loan for $17.3 million, according to a first-run foreclosure notice in The Daily News’ Friday, July 27, edition.
78.
Cordova’s Appling Lakes Sells for $26 Million -
Monday, May 28, 2012
1385 Appling Road
Cordova, TN 38016
Sale Total: $26.4 million (27 TIC sellers)
79.
Shops at Laurelwood Sells in Foreclosure -
Friday, May 25, 2012
Perkins Laurelwood LLC has bought back the Shops of Laurelwood, a Class A shopping center on Perkins Road Extended, for $1 million after it initiated foreclosure proceedings last month.
80.
Shops of Laurelwood in Foreclosure -
Wednesday, April 18, 2012
A first-run foreclosure notice has been filed for the Shops of Laurelwood, a Class A shopping center on Perkins Road Extended, after property owner Z Investments LLC defaulted on a $1.7 million loan through LaSalle Bank. The notice was published in the Tuesday, April 17, edition of The Daily News.
81.
J.C. Penney Gets Rid of Hundreds of Sales -
Thursday, January 26, 2012
NEW YORK (AP) – J.C. Penney is permanently marking down all of its merchandise by at least 40 percent so shoppers no longer have to wait for sales to get bargains.
Penney said Wednesday that it is getting rid of the hundreds of sales it offers each year in favor of a simpler approach to pricing. Starting on Feb. 1, the retailer is rolling out an "Every Day" pricing strategy with much fewer sales throughout the year.
82.
Tubing Maker Doubles Space in Willow Lake -
Friday, December 16, 2011
A Memphis-based tubing supplier is renewing its lease and more than doubling its space in a distressed Hickory Hill industrial park.
Jacob Tubing LP – the U.S. subsidiary of European modular tubing manufacturer Jacob Soehne – has renewed its 10-year lease for 20,232 square feet and expanded into an additional 30,000 square feet at Willow Lake Business Park, 3948 Willow Lake Blvd., in the Southeast industrial submarket.
83.
Lender Buys Willow Lake for $26M -
Monday, October 17, 2011
Willow Lake Business Park and Corporate Park in Hickory Hill sold back to the lender for $26 million Friday, Oct. 14, on the Shelby County Courthouse steps following a foreclosure.
A single-purpose entity named 198-6 Memphis Industrial Portfolio Holdings LLC, which is related to U.S. Bank NA, bought the property from substitute trustee R. Spencer Clift III of Baker, Donelson, Bearman, Caldwell & Berkowitz PC.
84.
Willow Lake Foreclosure Sale Slated for Oct. 14 -
Wednesday, October 12, 2011
The foreclosure sale of the 17-building, mixed-use Willow Lake Business Park and Corporate Park in Hickory Hill is slated for Friday, Oct. 14, at noon at the Shelby County Courthouse, 140 Adams Ave.
85.
Trinity Place Sells For Third Time In Five Years -
Friday, July 8, 2011
A Cordova retail center is under new ownership for the third time in five years. Atlanta-based Altus Real Estate Advisors LLC has purchased Trinity Place, 7990 Trinity Road, for $2.8 million.
86.
Foreclosure Notice Rerun for Willow Lake Park -
Friday, June 10, 2011
The planned foreclosure sale of the 17-building, mixed-use Willow Lake Business Park and Corporate Park in Hickory Hill has a new date: July 8, according to a first-run foreclosure notice in today’s Memphis Daily News and online at www.memphisdailynews.com.
87.
MEPPI Buys Rivergate Park Acreage For Transformer Plant -
Tuesday, June 7, 2011
186.2 Acres In Rivergate Industrial Park
Sale Amount: $3.7 million
Sale Date: May 31, 2011
Buyer: Mitsubishi Electric Power Products Inc.
Seller: Belz Investco GP
Details: Warrendale, Pa.-based Mitsubishi Electric Power Products Inc. has bought three parcels in Rivergate Industrial Park from Belz Investco GP for $3.7 million. The deal closed May 31. The first parcel is 9.3 acres on the north side of Riverport Road (listed in the deed as Rivergate Road). It backs McKellar Lake, and the Shelby County Assessor of Property’s 2011 appraisal is $419,000. The second parcel is 63 acres on the south side of Riverport Road, appraised at $604,600. The third parcel is 113.9 acres on the north side of Riverport Road, wrapping around the 9.3-acre parcel and including an offshoot of McKellar Lake. Its 2011 appraisal is $769,600.
MEPPI announced in mid-February it would build a $200 million transformer manufacturing plant in Belz Enterprises Inc.-owned Rivergate Industrial Park.
In March, the Shelby County Commission and Memphis City Council each put in $1 million toward infrastructure financing for the project.
88.
Bartlett Warehouses Sell for $15M in Foreclosure -
Monday, June 6, 2011
CMLT 2008-LS1 Wolf Lake Drive LLC, an entity affiliated with Miami Beach, Fla.-based LNR Partners LLC, has bought 10 parcels comprising 15 addresses in Bartlett Logistics Center at a foreclosure sale for $15 million. CMLT 2008-LS1 Wolf Lake Drive LLC was the current lender for the property.
89.
Trademark Property Co.to Manage Saddle Creek -
Tuesday, May 17, 2011
Trademark Property Co. announced Monday it has been hired to lease and manage the Shops at Saddle Creek, Germantown’s 148,000-square-foot lifestyle center at Poplar Avenue and Germantown Road.
90.
Real Estate Key to Aerotropolis -
Friday, April 15, 2011
The term aerotropolis has been a buzzword in recent times but often has a fuzzy meaning.
The aerotropolis concept focuses on the airport, but it also promotes other modes of transportation – and the real estate that surrounds these assets – as vital to the region’s economy.
91.
Willow Lake Sale Moved to April 22 -
Monday, April 11, 2011
The foreclosure sale of the 17-building, mixed-use Willow Lake Business Park and Corporate Park in Hickory Hill has been postponed until April 22 at noon at the Shelby County Courthouse, 140 Adams Ave.
92.
Pinnacle Awards Honor City’s Best Brokers -
Monday, April 11, 2011
As emcee Dan Conaway noted in his opening address Thursday night at the 10th annual Pinnacle Awards, “OK is the new great.”
93.
Pinnacle Awards Honor City's Best Brokers -
Friday, April 8, 2011
As emcee Dan Conaway noted in his opening address Thursday night at the 10th annual Pinnacle Awards, “OK is the new great.”
94.
Willow Lake Sale Moved to April 8 -
Monday, March 14, 2011
The foreclosure sale of the 17-building, mixed-use Willow Lake Business Park and Corporate Park in Hickory Hill has been postponed until Friday, April 8, at noon at the Shelby County Courthouse, 140 Adams Ave.
95.
Willow Lake Sale Slated for March 11 -
Monday, March 7, 2011
The foreclosure sale of the 17-building, mixed-use Willow Lake Business Park and Corporate Park in Hickory Hill has been postponed until Friday, March 11, at noon at the Shelby County Courthouse, 140 Adams Ave.
96.
Willow Lake Foreclosure Sale Slated for Friday -
Monday, February 28, 2011
The foreclosure sale of the 17-building, mixed-use Willow Lake Business Park and Corporate Park in Hickory Hill has been postponed until Friday, March 4, at noon at the Shelby County Courthouse, 140 Adams Ave.
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Willow Lake Foreclosure Sales Slated for Friday -
Monday, February 21, 2011
The foreclosure sale of the 17-building, mixed-use Willow Lake Business Park and Corporate Park in Hickory Hill has been postponed until Friday, Feb. 25, at noon at the Shelby County Courthouse, 140 Adams Ave.
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Business Park Slated for Auction Block -
Tuesday, February 15, 2011
In the past five years, real estate foreclosures have run the gamut from hospitality to retail to multifamily to high-end residential to industrial.
As the commercial market in particular continues to be plagued with record-high vacancies and downward pressure on rental rates, investors are feeling the brunt of the crisis.
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Memphis Firm Acquires Two Atlanta Properties -
Tuesday, February 1, 2011
Memphis-based Cypress Realty Holdings Co. has acquired two outparcels in the North Atlanta market.
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Multiple Industrial Sites Slated for Foreclosure Sale -
Tuesday, January 25, 2011
U.S. Bank N.A. has filed a first-run foreclosure notice for several Memphis properties. The substitute trustee’s notice can be read in the print and online editions of The Daily News.