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Editorial Results (free)

1. Last Word: The First Surrogate, Parkside at Shelby Farms and Manilow Memories -

Here they come, fresh from Iowa and New Hampshire – first the surrogates and in the next two weeks the Presidential contenders themselves.

The nation’s “first surrogate” – former President Bill Clinton is at Whitehaven High School Thursday evening to rally early voters in the heart of a large reliably Democratic middle class community.
And it is that voter base that was integral to Barack Obama carrying Shelby County in the 2008 Democratic Presidential primary even as Hillary Clinton carried the state that year.
As mentioned here Tuesday, the local Bernie Sanders campaign opens its Memphis HQ over the weekend.
Hillary Clinton headquarters in Memphis and Nashville are on the way soon with the Nashville HQ opening Thursday as the former President is in Whitehaven and the candidate is preparing for another television debate Thursday in Milwaukee with Sanders.
And early voting opened Downtown Wednesday.
The first day's turnout Wednesday was 177 early and absentee voters. Combined with another 645 absentee votes cast before the early voting period, that makes 822 early or absentee votes.
Another Republican contender on the ballot in Tennessee is out of the race. New Jersey Gov. Chris Christie dropped out the day after his dismal finish in New Hampshire. He did not have a slate of delegates on the ballot here.

2. Medical Center Apartments Sell for $9.7 Million -

810 Washington Ave.
Memphis, TN 38105

Sale Amount: $9.7 million

Sale Date: Jan. 29, 2016

3. Council Probes Police Body Camera Delay -

Memphis City Council members talk Tuesday, Feb. 2, about when police body cameras might be ready for action.

And there will probably be questions at the 11 a.m. executive session about whether a limited test use of the cameras recorded any of last week’s fatal police shooting of Johnathan Bratcher in South Memphis.

4. Q&A: U of M’s Dan Pallme Points to Shipping Changes, Challenges in 2016 -

Dan Pallme is heavily involved in the University of Memphis’ logistics industry departments. He runs the Freight Transportation Leadership Academy, a program that consists of technical tours, sessions with industry experts, and overviews of historic and current trends to encourage leadership in Memphis’ primary modes: rail, river, road and runway.
He is also the senior associate director and freight industry liaison for the U of M’s Intermodal Freight Transportation Institute and the private-sector coordinator for the Southeast Transportation Workforce Center. He has worked with air, rail and trucking companies over the past 25 years.

5. Outside the Box -

Southwest Tennessee Community College is opening its new Whitehaven Center on Tuesday, Jan. 19. The building, which accommodates nearly 2,000 students at 1234 Finley Road off Elvis Presley Boulevard, is seeing new life following its run as a Kroger store that closed in 2011.

6. Dunavant Expands In Houston, Texas -

Dunavant is continuing to grow in Texas.

The Memphis-based company has expanded its Houston distribution presence with an additional 212,000 square feet of chemical warehousing space in Pasadena. The facility brings Dunavant’s Houston operations up to 577,000 square feet, and 20,000 square feet of the recent expansion space already has been leased.

7. Last Word: The River, Miss Cordelia's, OPEB and the Kumbaya Council -

Here comes the river. Not quite at 40 feet on the Mississippi River gauge at Memphis overnight but getting there
For those who weren’t around in 2011 when the river crested at 48.3 feet, the second highest level ever recorded at Memphis, this is the part of the program where lots of people begin to gather at the river.
For some it will be to compare what they've seen before. For others it will be their first look and experience with the concept that nature is bigger than we are.
The smaller those first-time river visitors are, the easier it is for them to accept that. After all, when you are always looking up at the world everything is bigger than you are.
In Tom Lee Park you see them step onto the park's grass, their eyes riveted on the west, perhaps not seeing much beyond the grass at first, a small hand poking out of a coat sleeve shielding their eyes from the sun. And then their first glimpse of the running brown water. And the walk inevitably becomes a run and then a quick halt as the immensity of the river kicks in. Always the two together even when the river is just being eternal.

8. Dunavant Expands In Houston, Texas -

Dunavant is continuing to grow in Texas.

The Memphis-based company has expanded its Houston distribution presence with an additional 212,000 square feet of chemical warehousing space in Pasadena. The facility brings Dunavant’s Houston operations up to 577,000 square feet, and 20,000 square feet of the recent expansion space already has been leased.

9. Police Body Cameras to Be Phased In -

Body cameras for Memphis police officers will roll out in nine phases, one precinct at a time.

Shelby County District Attorney General Amy Weirich and Memphis police director Toney Armstrong announced the decision Tuesday, Jan. 5. They say the phase-in will give them time to evaluate and make improvements in the complex system and the estimated 3,500 hours of footage the cameras could generate in just one day.

10. Strickland Wades Into River Concerns -

The local agencies that respond to natural disasters learned a lot four years ago when the Mississippi River was rising in Downtown Memphis.

And many of those lessons are being used as the river approaches a crest on Friday, Jan. 8, estimated to be 40.5 feet on the river gauge.

11. EDGE Approves $40M Graceland Bond Sale -

At its Dec. 16 board meeting, the Memphis-Shelby County Economic Development Growth Engine approved selling $40 million worth of taxable bonds to help finance the 120-acre Graceland Revitalization Plan.

12. Memphis Opens DNA Storage Facility for Rape Kits -

The Memphis Police Department’s new $1 million property- and evidence-storage facility marks a milestone, according to top city and law enforcement leaders. To them it is an important point in the city’s three-year quest to clear a backlog of more than 12,000 unprocessed sexual assault kits that date back to the late 1970s.

13. Dunavant Adds Fort Worth Warehouse -

Dunavant is expanding its distribution footprint with a new warehouse in Fort Worth, Texas.

The 148,000-square-foot, temperature-controlled space is in addition to the existing Dunavant Dallas container drayage terminal.

14. Dunavant Adds Fort Worth Warehouse -

Dunavant is expanding its distribution footprint with a new warehouse in Fort Worth, Texas.

The 148,000-square-foot, temperature-controlled space is in addition to the existing Dunavant Dallas container drayage terminal.

15. The Week Ahead: Nov. 9, 2015 -

How was your weekend, Memphis? Here’s our weekly rundown of local happenings you need to know about, from revenge on the Warriors to crime reduction through urban planning…

It’s still election season in 70 percent of the city, which sounds like a weather forecast – part warning and part advisory.
But the seven-day outlook calls for an increased chance of political engagement this week. Early voting in the set of five Memphis City Council runoff races continues this week at eight satellite locations as well as the Downtown site, 157 Poplar Ave.
The runoff elections in council districts 2, 3, 4, 5 and 7 will determine the identity of a council that will have at least six, possibly seven new members. Super District council members Philip Spinosa and Martavius Jones, the two confirmed new faces on the council, were elected outright on Oct. 8.

16. State Systems Inc. Buys New HQ -

One of the Economic Development Growth Engine’s latest payment-in-lieu-of-taxes recipients is expanding its market footprint and real estate holdings with the recent purchase of seven Memphis properties.

17. Long-Awaited Artesian Opens on Riverside -

Despite being unfinished and empty for six years, the 16-story building at the corner of Riverside and Channel 3 drives has remained a landmark in the Downtown skyline.

And finally, the lights are coming on.

18. Belz Sells Champion Hills Office Building for $7.8M -

3725 Champion Hills Drive
Memphis, TN 38125
Sale Amount: $7.8 million

Sale Date: Oct. 8, 2015
Buyer: Champion Hills Realty Holdings LLC
Seller: Belz Investco GP
Loan Amount: $5.5 million
Loan Date: Oct. 5, 2015
Lender: C-III Commercial Mortgage LLC
Details: Belz Enterprises made another big real estate deal on the tail of its recent announcement to redevelop the corner of McLean Boulevard and Union Avenue into a mixed-use development.

19. US Cold Storage Latest Growth For Tipton County -

Phil Coles remembers one job interview in particular as he was hiring for the new United States Cold Storage plant in Covington, Tenn.

The job applicant, who was from Covington, had questions for Coles, the plant’s general manager. Was the plant paid for? Or was U.S. Cold renting? The bottom line was job stability in a town and county that has had a rough recession.

20. Building Permit Filed for I-55 Welcome Center -

The Interstate 55 Memphis Welcome Center is on the road to completion with a $2.1 million building permit.

According to the permit applied for Oct. 2 by Jaycon Development Corp., construction will start on a new visitor center and storage building to serve northbound drivers.

21. Two Warehouses Acquired in Major National Deal -

Denver-based Northstar Commercial Partners, a privately held commercial real estate investment company, purchased two warehouse storage facilities in south Memphis for $5.2 million, according to a special warranty deed signed Sept. 29.

22. Two Warehouses Acquired In Major National Deal -

Denver-based Northstar Commercial Partners, a privately held commercial real estate investment company, purchased two warehouse storage facilities in south Memphis for $5.2 million, according to a special warranty deed signed Sept. 29.

23. Building Permit For I-55 Welcome Center -

The Interstate 55 Memphis Welcome Center is on the road to completion with a $2.1 million building permit.

According to the permit applied for Oct. 2 by Jaycon Development Corp., construction will start on a new visitor center and storage building to serve northbound drivers.

24. Brooks Museum Unveils Free Wednesdays -

The Memphis Brooks Museum of Art is kicking off new hours in October that include a full free day every Wednesday.

The museum will be open from 10 a.m. to 8 p.m. on Wednesdays, providing 10 hours of free access to everything the museum offers. Some of the museum’s ticketed evening programming, including Brooks Films, will also move to Wednesdays starting in October.

25. Taser Contract Controversy Endures As Election Day Nears -

As the city of Memphis closed in on buying body cameras and other associated technology for its police department, the inner circle around Memphis Mayor A C Wharton was concerned.

They were concerned that Taser International, the camera supplier the city had picked, wasn’t getting close to the goal the city had set of at least 10 percent participation by minority- and women-owned business enterprises – MWBEs – in the total project spend.

26. Brooks Museum Unveils Free Wednesdays -

The Memphis Brooks Museum of Art is kicking off new hours in October that include a full free day every Wednesday.

The museum will be open from 10 a.m. to 8 p.m. on Wednesdays, providing 10 hours of free access to everything the museum offers. Some of the museum’s ticketed evening programming, including Brooks Films, will also move to Wednesdays starting in October.

27. Police Body Cameras Contract Controversial on Several Levels -

The Memphis Police Department’s $4.5 million contract with Taser International for body cameras, dashboard cameras and other related equipment is drawing fire on several fronts, including an $880,000 community engagement/public relations contract that is part of the overall price tag.

28. Greenbox Memphis Provides Packing Solution for Movers -

Melinda Pigors has had her fill of moving, or so it would seem.

Through the years, the Seattle native has traveled up and down the West Coast for college, jobs and family. After attending the University of San Diego, she took a job with FedEx Corp. where she had a sales territory covering Southern California. She met her husband, whose job at FedEx ultimately brought the couple to Memphis nine years ago.

29. IMC Global Acquires Home-Furnishings Importer -

IMC Global Solutions has acquired a home-furnishings importer that will more than double the size of the Memphis-based business.

IGS, a member of the IMC Cos., acquired Global Shippers Association, which will continue to operate with its existing leadership team as a home furnishings importer.

30. Indie Memphis Taps Watt as Executive Director -

This year keeps shaping up to be a milestone for the Indie Memphis Film Festival, which has tapped local filmmaker Ryan Watt to serve as its new executive director following the departure of Erik Jambor earlier this year.

31. IMC Global Solutions Acquires Home-Furnishings Importer -

IMC Global Solutions has acquired a home-furnishings importer that will more than double the size of the Memphis-based business.

IGS, a member of the IMC Cos., acquired Global Shippers Association, which will continue to operate with its existing leadership team as a home furnishings importer.

32. Guess Who’s Coming to Dinner? John Calipari! -

[UPDATE: University of Memphis president David Rudd issued a statement on Twitter late Thursday afternoon stating the university "will not be recognizing Coach Calipari." Read his statement here.]

33. Jernigan Shareholders to Get Cash Dividend -

Shareholders of Jernigan Capital Inc. are getting a reward of sorts for being early investors in the newly public company.

34. What’s Next for Memphis College of Art's Downtown Space? -

If the Memphis College of Art proceeds with consolidating its graduate school operations on its Overton Park campus, the South Main Historic Arts District would be left with a 48,000-square-foot opportunity in ready-to-lease space.

35. Jernigan Capital Shareholders To Get Cash Dividend -

Shareholders of Jernigan Capital Inc. are getting a reward of sorts for being early investors in the newly public company.

36. Mallory Marks 90 Years With China Expansion -

Mallory Alexander International Logistics is preparing to expand and operate directly in China later this year with a highly coveted freight license from the Chinese government and the opening of the Mallory Asia Pacific division in Shanghai.

37. Famed Wine Cellar Maker Toasts East Memphis Job -

An international, custom wine cellar company has uncorked its crown jewel in Memphis. Michigan-based Revel Custom Wine Cellars has been working for two years to craft the perfect wine haven for a local tech entrepreneur.

38. Memphis City Council to Revisit Benefits Changes -

Memphis City Council members continue Tuesday, Aug. 18, to revisit decisions they made on retiree and employee benefits in the last year.

At its Tuesday session, council members vote on the first of three readings of an ordinance that would allow some city employees to “freeze” their decision to enter the city’s Deferred Retirement Option Program.

39. Jernigan Sees Big Market for Company He's Moving to Memphis -

Dean Jernigan spent the better part of a roughly 40-minute earnings presentation to analysts early Wednesday, Aug. 12, detailing not just the latest quarterly results for his newly public company, Jernigan Capital, but also why it exists in the first place.

40. Jernigan Capital Moving HQ to Memphis -

Dean Jernigan, the founder of Storage USA and a businessman with deep ties to Memphis, is preparing to move the headquarters of his newly public company, Jernigan Capital, to Memphis.

41. $9.5 Million Permit Filed For Downtown Hotel -

310 Union Ave.
Memphis, TN 38103

Permit Cost: $9.5 million

Permit Date: Applied August 2015

42. Bikesmith Ready to Roll Into First Brick-and-Mortar Store -

Memphis’ traveling bike repairman has finally found a home. A year and a half after enrolling in the Mayor’s Innovation Delivery Team initiative MEMMobile, Jim Steffen, known as The Bikesmith to cyclists needing an adjustment or a hail-Mary overhaul, has signed a lease on a brick-and-mortar extension of his mobile repair truck.

43. The Shops of Collierville Sells for $7.4 Million -

Mount Pleasant, S.C.-based Ziff Properties Inc. has acquired The Shops of Collierville for $7.4 million, according to a special warranty deed filed Aug. 3.

44. The Shops of Collierville Sells for $7.4 Million -

Mount Pleasant, S.C.-based Ziff Properties Inc. has acquired The Shops of Collierville for $7.4 million, according to a special warranty deed filed Aug. 3.

45. 'En Fuego' -

When Southaven Mayor Darren Musselwhite took office in June 2013, one of the first tasks that landed on his desk was a long-planned regional outlet mall.

The outlet mall, planned for a roughly 33-acre site at Church Road and Interstate 55 in the DeSoto County city, had been on the drawing board for some time, but the recession and its aftermath caused developers and Mississippi officials to put it on hold.

46. Commission Considers Statue Move, Bailey Honor -

Shelby County Commissioners consider Monday, July 27, whether to get involved in the city’s plan to move a statue of Nathan Bedford Forrest out of the city park once named for the Confederate general, slave trader and Ku Klux Klan Grand Wizard.

47. City Council OKs East Memphis Storage Facility -

Memphis City Council members unanimously approved Tuesday, July 21, an indoor storage center planned development at 900 Reddoch Street along Poplar Avenue in East Memphis.

48. City Council OKs East Memphis Storage Facility -

Memphis City Council members unanimously approved Tuesday, July 21, an indoor storage center planned development at 900 Reddoch Street along Poplar Avenue in East Memphis.

49. Council Redistricting Discussion Yields to Talk of Council Changes -

A discussion among Memphis City Council members about redistricting Tuesday, July 21, turned into the idea of changing the structure of the council to single-member districts and discarding the multi-member super districts the council has had since 1995.

50. Council to Vote on East Memphis Storage Facility -

The Memphis City Council is poised to take key votes Tuesday, July 21, on multiple real estate development projects, including an indoor storage facility planned in a prime East Memphis neighborhood.

51. Methodist Healthcare Buys Office Building From Belz -

5865 Shelby Oaks Circle
Memphis, TN 38134
Sale Amount: $4 million

Sale Date: June 30, 2015
Buyer: Methodist Le Bonheur Healthcare
Seller: Belz Investco GP and Bico Associates GP
Details: Belz Enterprises and a partner have sold a Memphis office building to Methodist Le Bonheur Healthcare for $4 million.

52. West Memphis Kitchen Incubator Is Cooking -

A West Memphis kitchen incubator has found its first user.

Bluff City Barbecue Supply is the first group to use Delta Cuisine: A Southern Kitchen, the community kitchen housed at the new Jeremy Jacobs Hospitality Management Center at Mid-South Community College.

53. West Memphis Kitchen Incubator is Cooking -

A West Memphis kitchen incubator has found its first user.

Bluff City Barbecue Supply is the first group to use Delta Cuisine: A Southern Kitchen, the community kitchen housed at the new Jeremy Jacobs Hospitality Management Center at Mid-South Community College.

54. Self-Tucker Designs Green Center at T.O. Fuller -

T.O. Fuller State Park in Southwest Memphis was the first state park opened for African Americans east of the Mississippi River and just the second park of its type across the country.

The 1,138-acre park, originally built to house African Americans during the Great Depression, was designated Shelby County Negro Park in 1938. The name was changed to T.O. Fuller State Park in 1942 in honor of Dr. Thomas O. Fuller, a prominent African American educator who spent most of his life empowering and educating black Americans during the era of racial segregation by law.

55. Old Dominick Distillery Moving Forward -

D. Canale & Co. is moving forward with plans to build a $5 million distillery on Front Street Downtown.

56. Old Dominick Distillery Moving Forward -

D. Canale & Co. is moving forward with plans to build a $5 million distillery on Front Street Downtown.

57. Plans for Old Dominick Distillery Move Forward -

D. Canale & Co. is moving forward with plans to build a $5 million distillery on Front Street Downtown.

58. Making the Connection -

Archie Willis III had just earned his master’s degree in business at the University of North Carolina at Chapel Hill when he returned to Memphis in 1981 to help his father, A.W. Willis Jr., redevelop the Adler Hotel Annex.

59. Total Concept Launching Fully Online Enterprise -

If you’ve learned about an in-store sale while shopping for groceries, this Memphis-based printing company could have been the one to help you save those extra pennies.

For nearly 20 years, Total Concept has worked as a full-service printing company for large manufacturers and retail chains in the Memphis area. This year, it will launch a fully online enterprise, Eco Signs and Banners Memphis, within the parent company.

60. Want a Great-Paying Job? Here’s the Deal -

Want a new career with nearly unlimited upside potential? One that will have employers beating down your door?

Uncle Sam wants you – to join the technology workforce.

Nationwide, skilled tech workers are in short supply, with more than half a million jobs going unfilled. And in Tennessee, where the rapidly expanding economy has companies competing for every qualified worker, the state is going to great lengths to train people in sought-after tech skills – footing the entire bill, in some cases, for adults willing to retool their careers.

61. Browser Security Critical to Business -

I recently received an information technology support request from an office of real estate folks, many of whom also hunt for hobby and client entertainment.

While trying to search online for terms related to hunting gear at work, they were faced with a warning page to contact the network administrator because their firewalls’ content filter wouldn’t allow such sites to be displayed.

62. Mobile Merchants Gets Retailers, Chefs Rolling -

Barry Lichterman and Blake Lichterman own a small fleet of retail and food trucks, but you won’t see their name on any of the vehicles.

63. Heavy Lifting -

When it comes to industrial work, it doesn’t get much heavier than Atlantic Track and Turnout Co. deep in southwest Memphis.

64. Scarboro Takes Reins at Regional Fed -

Douglas Scarboro has been named regional executive of the Memphis Branch of the Federal Reserve Bank of St. Louis. In that role, Scarboro is responsible for working with business leaders and local communities in western Tennessee, northern Mississippi and eastern Arkansas to inform the setting of monetary policies.

65. New Tigers Indoor Football Facility Nears Kick-Off -

1115 E. Getwell Loop
Memphis, TN 38152
Permit Amount: $15 million

Permit Application Date: March 2015
Architect: Fleming Architects
Contractor: Grinder, Taber & Grinder Inc.
Details: The long-awaited goal of an indoor practice facility for the University of Memphis football team is becoming a reality.

66. California Group Buys Memphis Storage Business -

A California-based national operator of storage facilities has acquired a Hickory Hill mini-storage facility for $3.4 million.

Westport Memphis Self storage LLC, which is affiliated with Irvine, Cali.-based U.S. Storage Centers Inc., acquired the storage facility at 3455 Hickory Hill Road from Hickory Hill Self Storage LLC, according to a March 9 warranty deed.

67. California Group Buys Memphis Storage Business -

A California-based national operator of storage facilities has acquired a Hickory Hill mini-storage facility for $3.4 million.

Westport Memphis Self storage LLC, which is affiliated with Irvine, Cali.-based U.S. Storage Centers Inc., acquired the storage facility at 3455 Hickory Hill Road from Hickory Hill Self Storage LLC, according to a March 9 warranty deed.

68. Arizona Real Estate Firm Buys Storage Facility -

An Arizona-based real estate firm has acquired a Memphis mini-storage facility for $3.8 million.

Phoenix-based AMERCO Real Estate Co. bought the American Mini Storage facility at 7399 U.S. 64 from 7399 US Highway 64 Holdings LLC, which is affiliated with Florida-based LNR Partners Inc., for $3.8 million, according to a Feb. 24 warranty deed.

69. Brewery Developers Buy Site for New Apartment Building -

11 Butler Ave.
Memphis, TN 38103
Sale Amount: $1.25 million

Sale Date: Feb. 23, 2015
Buyer: 495 Tennessee LLC
Seller: BCH Investments LLC
Details: The team behind the development of the historic Tennessee Brewery has acquired a key piece of property adjacent to the long-vacant structure as plans for the new Tennessee Brewery: The Revival series of events there move forward.

70. City Council to Get Update Halfway Into Fiscal Year -

Memphis City Council members return to the matter of city finances Tuesday, March 3, with a financial review in a 9:30 a.m. committee session that marks the halfway point in the city’s fiscal year.

71. Arizona Real Estate Firm Buys Storage Facility for $3.8 Million -

An Arizona-based real estate firm has acquired a Memphis mini-storage facility for $3.8 million.

Phoenix-based AMERCO Real Estate Co. bought the American Mini Storage facility at 7399 U.S. 64 from 7399 US Highway 64 Holdings LLC, which is affiliated with Florida-based LNR Partners Inc., for $3.8 million, according to a Feb. 24 warranty deed.

72. Graceland Brings Elvis Back to His Las Vegas Home -

LAS VEGAS (AP) – Graceland will always be home, but Las Vegas is set to be Elvis Presley's home away from home yet again.

Officials with Elvis Presley Enterprises Inc. and the Westgate Las Vegas casino-hotel revealed details Thursday of plans for "Graceland Presents Elvis: The Exhibition - The Show - The Experience" expected to open April 23, 59 years to the day when Elvis first performed in Las Vegas.

73. Wharton: Tourism Is Serious Business -

Sometimes in tourism, it is the little things that count. But “little” is relative. Consider the digital LED display screen on the west wall of the Memphis Cook Convention Center – big enough to be seen by eastbound traffic on the Hernando DeSoto Bridge – which local leaders debuted this month after three years of planning.

74. Maines Paper & Food Service Continues Work in Arlington -

11420 Gulf Stream Road
Memphis, TN 38002
Permit Amount: $2.5 million

Permit Application Date: February 2015
Owner: W D Arlington LLC
Tenant: Maines Paper & Food Service
Details: More new construction is planned at the Maines Paper & Food Service cold-storage facility in Arlington.

75. New Flavor -

Get used to seeing more of the Ugly Mug brand in Memphis. An open house in recent days at the Memphis-based roaster’s still relatively new brick-and-mortar location at Poplar Avenue and Perkins Extended was packed with customers and visitors sampling brews and some of the food items on the Ugly Mug menu.

76. Wilson Air Expanding at Memphis International -

Wilson Air Center is spreading its wings at Memphis International Airport.

The Kemmons Wilson Cos. subsidiary signed a 10-year lease with the airport for the former Pinnacle Airlines hangar at Memphis International, expanding its jet footprint by 30,500 square feet of prime hangar space.

77. Memphis Reprographics Handles Printing, Storage Needs -

When the development team and architect behind the Sears Crosstown redevelopment project needed multiple phases of the project printed –including everything from design renderings to construction documents and floor plans – they turned to Memphis Reprographics.

78. Fogelman Affiliate Files Loan on Former Cozymel’s Site -

6450 Poplar Ave.
Memphis, TN 38119
Loan Amount: $6.1 million

Loan Date: Dec. 17, 2014
Maturity Date: Jan. 1, 2023
Borrower: Crown Centre LLC
Lender: Financial Federal Bank
Details: A company affiliated with Robert F. Fogelman II has filed a loan on a key piece of East Memphis land.

79. Two Storage Facilities Sell for $4.9 Million -

Affiliates of Oaktree Capital Management have acquired two Memphis area mini-storage properties for $4.9 million.

SSSP Kirby Raines LLC, an affiliate of Los Angeles-based Oaktree Capital, acquired the mini-storage property at 6504 E. Raines Road from TSRE III Kirby Raines LLC for $2.5 million, according to a Dec. 2 warranty deed. The 50,910-square-foot storage development was built in 1995, and the Shelby County Assessor of Property’s 2014 appraisal is $1.3 million.

80. Two Storage Facilities Sell for $4.9 Million -

Affiliates of Oaktree Capital Management have acquired two Memphis area mini-storage properties for $4.9 million.

SSSP Kirby Raines LLC, an affiliate of Los Angeles-based Oaktree Capital, acquired the mini-storage property at 6504 E. Raines Road from TSRE III Kirby Raines LLC for $2.5 million, according to a Dec. 2 warranty deed. The 50,910-square-foot storage development was built in 1995, and the Shelby County Assessor of Property’s 2014 appraisal is $1.3 million.

81. Summer Avenue Car Lot Denied -

In zoning and development items Tuesday, Dec. 16, the Memphis City Council unanimously voted down a car lot at Summer Avenue and Vaughn Road.

Council members approved an amendment to the Kirby Gate planned development by Grant Properties LLC that allows a self-service storage facility as well as an amendment to the Oak Tree Planned Development at Mt. Moriah Road and Park Avenue permitting commercial mixed-use development.

82. City Council Approves Pension Changes -

Memphis City Council members put to rest Tuesday, Dec. 16, at least the City Hall portion of the debate about city employee benefits and the liability of those benefits by approving changes to the city’s pension plan.

83. Elvis Presley Enterprises Applies for Hotel Building Permit -

3066 Elvis Presley Blvd.
Memphis, TN 38116
Permit Amount: $57 million

84. Riverdale Retail Center Fetches $1.4 Million -

A southeast Memphis retail center has been sold for $1.4 million.

City Storage East West Connector LLC sold the retail center at 5144 Riverdale Road to 5144 Realty LLC, according to a Nov. 26 warranty deed. The buyer, 5144 Realty LLC, is affiliated with New York-based Jaran Realty Corp. The seller, City Storage East West Connector, is affiliated with the Kevin Hyneman Cos.

85. Goat Milk and Smart Marketing -

Maybe it was that last Facebook post that put them over the top. Or, maybe it was the #voteforgoats hashtag.

Little Seed Farm’s goats aren’t telling, but they do look a bit smug.

The goats, along with Little Seed Farm owners James and Eileen Ray, recently pulled in a cool $25,000 by snagging the top spot in furnishing retailer west elm’s, “We Love LOCAL Small Business’’ grant contest.

86. Blackie’s Body Shop Endures Changing Industry -

Cars are a lot different, and the business of an auto body shop is too, since Delmus “Blackie” Moore opened a body shop on Fourth Street in Downtown Memphis in 1951.

The business of body work is much faster, with less time for the custom work that once was much of Blackie Moore’s stock in trade.

87. ReStoring Hope -

The Habitat for Humanity of Greater Memphis ReStore is feeling the holiday love.

The store’s November “Go North ReStock the ReStore” event brought in a large number of donations and the Hickory Hill store recorded $10,673 in sales the day of the event, the store’s biggest day of sales so far this fiscal year. In addition, November Web traffic was more than double that of November 2013.

88. Riverdale Retail Center Fetches $1.4 Million -

A southeast Memphis retail center has been sold for $1.4 million.

City Storage East West Connector LLC sold the retail center at 5144 Riverdale Road to 5144 Realty LLC, according to a Nov. 26 warranty deed. The buyer, 5144 Realty LLC, is affiliated with New York-based Jaran Realty Corp. The seller, City Storage East West Connector, is affiliated with the Kevin Hyneman Cos.

89. Milhaus Acquires Highland Row Property -

44 S. Highland St.; 366, 374 and 380 Ellsworth St.
Memphis, TN 38111
Sale Amount: $4.3 million

90. Patrick Ready to Cook at Relocated Rizzo’s Diner -

Chef Michael Patrick reaches for a metaphor to describe what it will feel like once the new, more expansive version of his Downtown eatery, Rizzo’s Diner, opens in the next several days at 492 S. Main St.

91. New Tech Imperatives for CEOs -

It’s no secret that in today’s economy, small- and medium-sized businesses must constantly reinvent themselves in order to maintain relevancy in their marketplace.

Perhaps lesser known is that technology has helped these businesses be more competitive, especially with keeping an eye on how revenue and expenses are impacting the bottom line, order tracking and customer service.

92. Art Introduction -

The Art Factory in Cooper-Young is preparing to throw open its doors later this week for an open studio night that will introduce the public to the artists and artisans there hard at work on their craft – and also give a peek inside the creative process.

93. Spirited Revival -

One of the oldest and most prominent names in Memphis business is in the midst of transforming a Downtown warehouse, reviving a premium liquor brand that disappeared with Prohibition and restoring its prominent role in the community.

94. Sprouts Farmers Market Applies for Building Permit -

3150 Village Shops Drive
Germantown, TN 38138

Project Cost: $1.5 million

Applied: Oct. 14, 2014

95. All Shook Up -

FedEx founder, chairman and chief executive officer Frederick W. Smith penned a memo in 1987 outlining his desire for the Memphis-based shipping giant to develop ways to assist customers in shipping their packages, including making sure packages arrived undamaged.

96. Memphis Police Discover More Rape Kits -

Memphis Police have found in recent weeks 196 more rape kits in previously unsearched areas where police store evidence, Memphis Police Director Toney Armstrong told Memphis City Council members Tuesday, Sept. 16.

97. Macon Homes Complex Sells for $800,000 -

500 N. Claybrook St.
Memphis, TN 38104
Sale Amount: $800,000

Sale Date: Aug. 20, 2014
Buyer: Crosstown Macon Homes LLC
Seller: Macon Homes
Details: The 24-unit Macon Homes section 8 apartment complex at 500 N. Claybrook St. in Midtown has sold for $800,000.

98. Start Co. Graduates Newest Batch of Startups -

This week’s Start Co. Demo Day, which brought together more than 500 people involved in the local ecosystem including entrepreneurs, mentors and investors, saw teams presenting their startup ideas in the hopes of securing funding and taking their concepts to the next level.

99. Sex Crimes Unit Completes ‘Eye-Opening’ Training -

Memphis police officers working in the sex crimes unit have been in training this month about neurological changes in rape and sexual assault victims they work with.

The training, along with new positions specifically to handle the city’s rape kit backlog, is among the latest changes in the Memphis Police Department’s approach.

100. ProudOnTV Offers Alternative to Wide-Open Social Media -

In a world in which social media – Facebook, Twitter, Instagram, etc. – can be all that’s right about technology or all that’s wrong with it, ProudOnTV is making it a business to eliminate some of those problems for people.