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1. IMC Official Discusses Transportation Challenges -

Although Memphis has long been known as America’s distribution center, simply being in the right place at the right time isn’t always enough.

For example, a driver and chassis shortage is crippling the city’s supply chain, said Donna Lemm, IMC Companies’ executive vice president of national sales.

2. Olympus Opens Expanded Bartlett Campus -

Medical device manufacturer Olympus celebrated the grand opening of its $12 million expanded Bartlett campus at 2937 Appling Road on Tuesday, March 6. The state-of-the-art facility expands Olympus’ existing R&D and surgical manufacturing building on Appling Road, which has operated in Bartlett since 1984.

3. CRE Owners Look To Reap Rewards Of New Tax Cuts -

The start of the year enjoyed a flurry of commercial real estate sales and building permits, on the heels of federal tax cuts passed late last year that are expected to benefit CRE owners and possibly impact the number of new projects and sales announced this year.

4. Two New Distribution Facilities, Southaven ‘Town Square’ In the Works -

2481 Appling Road, Memphis, TN 38133: Salt Lake City, Utah-based aftermarket auto body parts distributer Certifit Inc. is planning to construct a 604,800-square-foot distribution facility at the southwest corner of Appling and Reese roads.

5. Memphis Fusion -

With more than 40 life science companies operating in the Greater Memphis area and Shelby County ranking second in the U.S. for orthopedic device manufacturing, the Mid-South can stake its claim as one of the top medical device markets in the world.

6. DHL Planning New Memphis Distribution Facility -

0 Tchulahoma Rd.
Memphis, TN 38118

Tenant: DHL Supply Chain

Landlord: Belz Enterprises

7. Local Concert Business Amping Up, Keeping Memphis Promoters Busy -

The concert business appears to be healthier in 2017, with more performers and artists on tour than in recent years – and more of them are booking shows in Memphis.

But it’s never that simple in the business of shows, where booking is a process and touring is becoming more of a necessity.

8. Experts Provide Recruiting Tips For Increasingly Active Job Market -

Qualified job seekers should see more career options opening up this year, as nearly 50 percent of employers are expecting to increase staffing in 2017, according to Employer Associations of America.

9. Last Word: New Rhodes President, Billy Hyman and the Fast Track -

The biggest political betting pool of the post-election season ends Tuesday as President elect Donald Trump said Monday by Twitter that he would name his nominee for Secretary of State Tuesday morning.

10. Outsourcing: Savings, But No Specifics -

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.

11. NexAir Signs Lease for New HQ at Crosstown Concourse -

495 N. Watkins St.
Memphis, TN 38104
Details: Crosstown Concourse has signed another tenant. Memphis-based nexAir, one of the largest distributors of atmospheric gases and welding supplies in the U.S., will lease 33,000 square feet at the mixed-use tower.

12. Blight Authority of Memphis Convenes to Tackle Problem Properties -

“This is historic,” attorney Steve Barlow said at the inaugural meeting of the Blight Authority of Memphis, held Thursday, Jan. 21, at the Downtown Memphis Commission’s office.

13. Local, National Fourth-Quarter Jobs Outlook Rises -

It’s been a long road to economic recovery since the Great Recession struck seven years ago.

But U.S. employers are making a comeback, according to a recent Manpower Employment Outlook Survey that shows strong hiring plans in Memphis and nationwide to close out 2015.

14. Trucking Industry Sees Record Revenues -

The U.S. trucking industry generated $700.4 billion in 2014, topping $700 billion for the first time ever, according to industry figures.

The trucking industry’s good fortunes should be a boon to the local economy, which leans heavily on transportation, distribution and logistics. The record revenue means a high volume of goods is being shipped across the country, with a lot of it winding its way through Memphis warehouses and eventually onto trucks.

15. Investors Pumping Hundreds of Millions Into Tennessee Startups -

The assignment sounded simple enough: Find out whether more money is coming into Nashville for startups.

If so, where is it coming from and what does it means to entrepreneurs, investors and the rest of us?

16. Crossroads -

After starting work as a butcher when he was just a teenager, Ron Manis began his career as a truck driver in 1979.

“I started when I was 16 years old, learning how to cut meat and, after being in that building 10 hours a day every day, I thought I wanted to do something outside and I’ve been driving a truck ever since,” Manis said. “Every time I saw one going down the road I thought to myself that I’d like to do that one day to see what it was like, seeing places I’ve never seen before, meeting interesting people.”

17. Pioneering Woman -

It was 2004 and Kim Grant Brown had just finished her junior year at the University of Tennessee-Knoxville.

During the break from her studies, Grant Brown, then 20 years old, acquired a loan and built her first house in Arlington.

18. Winchester Law Firm Inks Lease at Triad Centre -

The Winchester Law Firm is moving to a new space within the Triad Centre II office building in East Memphis with a new buildout.

The law firm will occupy 5,523 square feet in the Highwoods Properties office building at 6060 Poplar Ave.

19. Next Wave -

What do you follow a splash park with at the Children’s Museum of Memphis?

A robotic cow, of course.

As children out of school for the summer enjoy the newly opened “H2Oh! Splash” water park at Hollywood Street and Central Avenue, museum public relations and marketing director Carrie Roberts says plans are being made for the robotic cow and a barn on the other side of the museum property including an outdoor classroom.

20. New Chassis Pool Co-Op Launches in Memphis -

The trucker-formed North American Chassis Pool Cooperative – the first of its kind – is launching its pilot program in Memphis this year.

The announcement follows the U.S. Surface Transportation Board recently approving the cooperative’s chassis pooling agreement, which will allow it to acquire and share chassis for intermodal freight transportation.

21. Senior Sector -

The 76 million Americans born between 1946 and 1964 were said to have remodeled society as they moved through it.

It was the baby boomer generation that drove the cultural shift to consumerism with SUVs and mini-vans. That demographic just turned 65 and real estate developers have taken notice.

22. FDIC Signs Lease In Lakecrest -

Federal Deposit Insurance Corp. has inked a substantial lease in Lakecrest III, marking the market’s largest office lease signing this year.

23. Conn.-Based XSE Group Inks Deal -

A Middletown, Conn.-based office supply printing company has entered the local industrial scene, taking advantage of Memphis’ centralized logistical capabilities.

XSE Group Inc. has leased 40,214 square feet in Building 14 of Airport Distribution Center, 4006 Airpark St., owned by San Francisco-based ProLogis Inc.

24. Benz Repair Shop to Open On Cooper St. -

A high-end automobile maintenance and repair shop soon will be added to Cooper-Young’s booming portfolio of local businesses.

Shane Herbers, founder of Midtown Motor Werks, has leased 5,000 square feet at 795 S. Cooper St. from Richard Sullivan.

25. Reservation Rebound -

The Memphis hotel and lodging market is experiencing increased demand and rising occupancy rates thanks to no new hotel construction and flat supply.

“Memphis is pretty much a mid-scale market, and the market is doing better right now than it was at this time last year,” said Chuck Pinkowski of the hotel consulting firm Pinkowski & Co. “With the improving economic situation, both commercial and leisure travel are coming back.”

26. Orchards of Collierville Sells for $15.7M -

The Orchards of Collierville – a 226-unit apartment community at 400 Orchard Circle W. – has sold for $15.7 million.

27. Despite Opposition, Solana Moves Forward -

Despite neighborhood opposition and zoning hurdles, a new Germantown senior living facility promises a unique concept and dozens of amenities.

The Solana – a 182-unit senior living facility at 8199 Poplar Ave. east of Kimbrough Road in Germantown – has recently broken ground and is shooting for a late summer 2012 opening.

28. Northeast Submarket Bolstered By Trio of Deals -

A handful of industrial deals in recent weeks hit Northeast Memphis in full force, significantly tightening the already solid submarket.

Mattress Firm has signed a 23,500-square-foot lease in Century Center, 1590 Century Circle, for a new retail and distribution space.

29. Hickory Hill Apartments Sell for $10M -

Three apartment communities in the Hickory Hill Road/Knight Arnold Road area have sold for a combined price of $10 million.

Tommy Bronson III and Blake Pera with CB Richard Ellis Memphis’ multifamily division represented Hallmark Capital in the sale to Bellevue, Wash.-based Emerald Apartment Group. Wilson Management Inc., the managing entity behind Emerald Apartment Group, will retain and manage the properties.

30. Memphis Remains a Hot Commodity -

Almost daily, we see evidence that reconfirms Memphis’ position as “America’s Distribution Center.” Cotton merchants are leasing and buying affordable warehouse space in one of only a few cities certified by national commodity organizations. Major manufacturers like Electrolux and Mitsubishi have found the market offers the right combination of incentives, trained labor pool, affordability, available land, and multimodal transportation here.

31. Shifting Gears -

Memphis has long been a real estate town.

Family names like Belz, Boyle, Clark, Fogelman, Loeb, Snowden and Wilkinson – to name a few – have become synonymous not only with local commercial and industrial development but also with the city’s business fortunes and cultural identity.

32. Canty Takes Opera Memphis in Different Direction -

Opera Memphis will be led by a passionate innovator as the company makes a return to offering traditional, grand opera.

Ned Canty, a freelance opera director selected after a national search to replace Michael Ching as general director, said that new audiences can be found among those who do not yet enjoy opera.

33. Crimson Tide -

Twelve days into the new year, Gov. Phil Bredesen stood in the well of the state House in Nashville and talked about leading the nation in education reform.

Later this year, Bredesen will return to address legislators on a less lofty but more immediate topic – a pool of red ink in the state budget unprecedented at least since the Depression years of the 1930s. For more than a year and a half, Tennessee has failed to meet its monthly revenue projections.

34. Accredo Reaffirms Local Presence With HQ Lease -

Accredo Health Group Inc., a homegrown specialty pharmacy company that is a division of New Jersey-based Medco Health Solutions Inc., has renewed its commitment to Memphis with a 10-year extension of its lease.

35. Raleigh Apartments Follow Foreclosure Trend -

The foreclosure crisis has claimed another multimillion-dollar commercial victim, this one the 432-unit Jamesbridge apartments in Raleigh.

A first-run foreclosure notice against the multifamily complex’s owner begins on Page 42 of today’s print edition of The Daily News and also at The Daily News Online, www.memphisdailynews.com.

36. Mud Island Apartments to Bolster Existing Condos -

It took a tax break from the Center City Revenue Finance Corp. to get the project going, but construction of Grand Island, a $19 million, 204-unit apartment complex slated for Mud Island, got the green light this week and will commence in November.

37. Growing Logistics Industry Leads to Demand for Education Opportunities -

Warehouse manager, inventory specialist, procurement officer and purchasing supervisor: These are just a few of the job possibilities in the wildly booming field of logistics and supply-chain management.

38. Texas Group Readies Hickory HillApartments for Major Renovation -      After scouring the Southeast - from Texas to the Carolinas - Jeff Burk and his partners at Dallas-based Maple Creek Advisors LLC have chosen a 32-year-old property in Hickory Hill as their company's first acquisition.39. Latest Chandler Figures Show 12 Percent Increase in Home Sales -

The Memphis residential market showed solid sales for the first quarter of 2006, with areas such as the Downtown condominium market and eastern Shelby County undergoing significant gains, according to the most recent data from Chandler Reports, www.chandlerreports.com.

40. Archived Article: Gov2 - The Mid-South Minority Business Council offers a wide-range of services that help minority-owned businesses prosper and win se

Minority Business Council Fosters Connections


The Daily News

The Mid-South Minority Business Cou...

41. Archived Article: Lead - New Construction to Increase I-40 Office

Work Progresses on I-40 Corporate Park

Third building under way in office, industrial development


The Daily News

The office market along Interstate 40 in East Memphis is continuing ...

42. Archived Article: Logistics (lead) - In todays global economy where parts are produced in multiple locations, assembled in another and distributed to consumers wo

Work Force Development Key to Logistics

Education initiatives designed to increase talent pool



43. Archived Article: Law Focus - Law

Survey shows salaries on rise in legal field


The Daily News

Its no secret the national economy has been in the doldrums for a couple of years now. The Shelby County unemployment rate, 5.1 percent in June compared with ...

44. Archived Article: Tech Focus - By RICK RUSSELL

Green energy sources not in Memphis anytime soon


The Daily News

A growing number of public utility companies in Tennessee are tapping into an expanding pool of renewable resources to supply energy demands....

45. Archived Article: Market Briefs - The Memphis Depot will have a Restoration Advisory Board meeting from 6 p The Memphis Depot will have a Restoration Advisory Board meeting from 6 p.m. to 7:30 p.m. Thursday at the South Memphis Senior Citizens Center, 1620 Marjorie St. "Dunn Fi...

46. Archived Article: Clean Gas P.2 - Unocal, Williams ink deal for cleaner gas Unocal, Williams ink deal for cleaner gas Unocal Corp. and a unit of Williams have signed a non-exclusive licensing agreement giving Williams the right to produce and blend cleaner burning gasolines using fo...

47. Archived Article: Real Focus (vesta) - Excitement building along with Vesta homes Excitement building along with Vesta homes By KEN GARLAND JR. Special to The Daily News The kick off of the 2000 Vesta Home Show began in May with its annual groundbreaking ceremony. The show will open in O...

48. Archived Article: Graphic (pools) - Chillin by the pool Chillin by the pool Thinking about a refreshing dip in a new pool? Apparently a lot of other Mid-Southerners are, too. In the past year, 144 building permits have been filed with Shelby County Construction Code Enforcement for in...

49. Archived Article - Call centers: a ring of opportunity Call centers ring with opportunity for Memphis By LAURIE JOHNSON The Daily News The world is calling, and Tennessee is picking up the phone. Call centers are a booming sector of the states economy, and representat...

50. Archived Article: Gov't (opd) - Planned development Classic Tile and Plaster seeks OK for new location By KATHLEEN BURT The Daily News A one-man operation is seeking to move from Lamar Avenue to East Holmes Road into a planned development that has received the Shelby County Commis...

51. Archived Article: Marketplace (nurses) - By STACEY PETSCHAUER   Hospitals RN need By STACEY PETSCHAUER The Daily News Although nearly 80 percent of nurses once worked in a hospital setting, increased opportunities in the health care field have pulled many nurses out of the hospitals a...

52. Archived Article: Orchards Of C'ville Lj - lj 10/5 cates Collierville apartments sold for $11 million By LAURIE JOHNSON The Daily News A California corporation has purchased a Collierville apartment complex for $11 million its first property to acquire in the Memphis multifamily market. Lead...

53. Archived Article: Windyke Apts - lj 10/5 cates Construction begins on Windykes second phase By LAURIE JOHNSON The Daily News Construction is underway on the second phase of Champion Hills at Windyke, a resort-style apartment complex in southeast Memphis that is being developed thro...

54. Archived Article: Real Fcs Rfs Lj - lj 10/5 cates Capturing a new market RFS Hotel Investors to serve as adviser for newly organized REIT By LAURIE JOHNSON The Daily News RFS Hotel Investors Inc. has entered into a relationship with a newly established hotel real estate investment tru...

55. Archived Article: Lincoln Chg - By CAMILLE H. GAMBLE Apartment projects begin in Cordova, Southwind By CAMILLE H. GAMBLE The Daily News Mid-America Apartment Communities has started construction on a second phase to its Lincoln on the Green apartment community in Southwind, and Me...

56. Archived Article: Market Pools Lj - lj 10/5 cates Stay cool with a pool New technology, improved construction methods make residential swimming pools affordable for an increasing number of homeowners By LAURIE JOHNSON The Daily News In the past, a backyard swimming pool was a luxury o...

57. Archived Article: Govt Fcs (c-tn) Lj - lj 10/5 cates The virtual classroom ConnecTEN Internet project equalizes, expands education By LAURIE JOHNSON The Daily News A new Internet initiative will give almost one million Tennessee students their license this fall to drive on the informatio...

58. Archived Article: Job Growth Jts - 3/26 jts job growth Demand for labor is strong but supply is weak in 96 By JAMES SNYDER The Daily News Last year the Memphis economy added 6,200 net new jobs to reach a total of 515,300 jobs, a solid if not spectacular rate of growth, according to t...

59. Archived Article: Home Expo Lj - lj 10/5 cates Home Expo 96 opens Friday By LAURIE JOHNSON The Daily News Anyone who is considering remodeling, buying or building a home will have the opportunity this weekend to view the latest trends and "meet the experts" of the home-bu...

60. Archived Article: Real Analys (lawestley) - 02-27 Real analys (LAWestley) Stronger work force will support real estate market By L. A. WESTLEY Special to The Daily News One issue that is crucial to the economic success of the Memphis area is work force development. This topic is of great impo...

61. Archived Article: Real Focus - lj 10/5 cates Expo is "one-stop shop" for home builders By LAURIE JOHNSON The Daily News Anyone who is considering remodeling, buying or building a home soon will have the opportunity to see the latest trends and "meet the experts&quo...