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Editorial Results (free)

1. Cox to Lead Asset Management at Lehman-Roberts -

Matt Cox has been promoted to director of asset management at Lehman-Roberts Co. Cox most recently served as total process reliability coordinator for three years. In his new role, he is responsible for the full lifecycle of all construction equipment supplied to Lehman-Roberts’ operations divisions, including acquiring equipment, maintaining nearly 600 pieces of rolling stock and disposing of equipment as necessary.

2. Important Role of Corporate Support for Nonprofits -

Financial and in-kind support from businesses and corporations are so important to the life of nonprofits. Whether through event sponsorships or grants for programs and operations, businesses matter. They provide visibility, funding and talent.

3. Last Word: The Airport and Hotels, Loans and Musicians and Underground in Town -

That didn’t take long. Fired one day, hired the next for Dave Joerger now formerly of the Grizz.

4. Memphis MSA Industrial Sector Has A Strong First Quarter After Record 2015 -

The Memphis MSA industrial sector had a strong first quarter after a record-breaking year in 2015.

Last year saw a record absorption rate of 8.4 million square feet, which is 2 million square feet higher than 2006’s pre-recession levels.

5. U of M Alumni Association To Present Awards May 21 -

The University of Memphis Alumni Association will present its 2016 Distinguished Alumni Awards on Saturday, May 21, beginning at 6 p.m. The event will be held at the Kemmons Wilson School of Hospitality & Resort Management, 3700 Central Ave.

6. Grizzlies, NBA Preparing for Start of Jersey Sponsorship Era -

Everyone understands what corporate clutter looks like. It’s the NASCAR driver’s racing suit, cap and car, where it seems every square inch has been sold off to sponsors and the athlete becomes part Ricky Bobby.

7. EDGE Considering Fast-Track Incentive Program, Diversity Spend Changes -

The Memphis-Shelby County Economic Development Growth Engine has started work on a new tax incentive program that would help Memphis compete with North Mississippi for industrial projects.

At its April 20 meeting, EDGE board chairman Al Bright appointed a committee to evaluate a proposed Fast Track PILOT and hammer out its policies and procedures.

8. U of M Alumni Association To Present Awards May 21 -

The University of Memphis Alumni Association will present its 2016 Distinguished Alumni Awards on Saturday, May 21, beginning at 6 p.m. The event will be held at the Kemmons Wilson School of Hospitality & Resort Management, 3700 Central Ave.

9. Moving Dirt -

The Memphis development community is looking inward and upward to increase density in the urban core. New construction is happening across all four commercial real estate sectors, with long-anticipated projects like Trader Joe’s and the redevelopment of Central Station finally coming to fruition. Construction and operating costs continue to be a challenge as new projects hit the top of their class to command higher rents.

10. Nike Continues Renovations at Lamar Warehouse -

Renovations continue at Nike Inc.’s new home on Lamar Ave. Contractor American Material Handling Company Inc. recently filed a $1.7 building permit for “installation of an elevated platform structure.” Hillwood is listed as the owner of the 5155 Lamar Ave. warehouse.

11. Nike Starts Building Out New Warehouse on Lamar -

Nike Inc. has a new home on Lamar Avenue.

A $1.5 million building permit application recently filed with the Memphis-Shelby County Office of Construction Code Enforcement lists “install industrial storage racks” for a warehouse at 5155 Lamar Ave.

12. Over $20M in Construction Headed to Brewery District -

495 Tennessee St.
Memphis, TN 38103

Permit Amount: $18.8 million

Owner: 495 Tennessee LLC

Tenant: Brewery Master Tenant

13. Last Word: D-Day, Opera Festival Returns and Buying GMF After the Bond Default -

This is what you might call D-Day in Nashville. The “D’ in this case stands for deannexation.
The bill to permit deannexation by referendum has in the course of two weeks become the city’s dominant political issue.

14. Nike Commences Build-Out of New Warehouse -

Nike Inc. has a new home on Lamar Avenue.

A $1.5 million building permit application recently filed with the Memphis-Shelby County Office of Construction Code Enforcement lists “install industrial storage racks” for a warehouse at 5155 Lamar Ave.

15. Last Word: Hedgepeth Speaks, Josh Pastner's Future and Big Box Liquor -

Where else is there to begin but the Greensward controversy.
And we start with an email from Memphis City Council member Reid Hedgepeth in what is rapidly becoming a Last Word tradition and institution – the email in full.

16. Numbers Show Memphis’ Commercial Real Estate Market Stable in 2015 -

Across all sectors, the Memphis market was stable in 2015.

That’s according to the latest data from Integra Realty Resources, a national appraisal and advisory firm. At its annual Viewpoint local market presentation Wednesday, Feb. 24, local Integra leaders spoke on the industrial sector’s banner year, multifamily’s expansion cycle, what’s next for an office market without any remaining Class A space, and growth in the retail sector.

17. Tentative Agreement Emerges for Pinch Hotel -

After six months of negotiations and delays in votes by the Memphis City Council, there is an agreement for the construction of a hotel with retail space across Front Street from The Pyramid.

The council delayed a vote on the development Tuesday, Feb. 16, until the March 1 council meeting.

18. Council Debates, Forms Minority Business Committee -

Memphis City Council members debated at length Tuesday, Feb. 16, whether or not to form a committee to explore the lack of minority business growth locally.

The council ultimately voted to form an ad hoc committee tasked with coming up within three months a set of recommendations to improve city government’s contract spending with minority businesses.

19. Council Debates, Forms Minority Business Committee -

Memphis City Council members debated at length Tuesday, Feb. 16, whether or not to form a committee to explore the lack of minority business growth locally.

The council ultimately voted to form an ad hoc committee tasked with coming up within three months a set of recommendations to improve city government’s contract spending with minority businesses.

20. Memphis City Council to Get Police Body Camera Update -

Memphis City Council members are to get a timeline Tuesday, Feb. 16, on the roll out of police body cameras from Memphis Mayor Jim Strickland as well as some idea of the additional cost.

21. New Numbers: Memphis Industrial Market Breaks Records -

The Memphis industrial sector had a banner year in 2015. According to year-end data from Cushman & Wakefield/Commercial Advisors, last year’s absorption level came in at 8.4 million square feet, 2 million square feet higher than 2006’s pre-recession levels and a record for the market.

22. In the Game -

Way back in the 1990s, perhaps before the Grizzlies and FedExForum were even a twinkle in anyone’s eye, Chris Wallace came to Memphis and The Pyramid for a preseason NBA game featuring Michael Jordan and the Chicago Bulls.

23. City Council Votes On Countrywood Development -

Among the planning and development items the Memphis City Council votes on Tuesday, Jan. 19, is a residential planned development at the end of Countrywood Parkway south of Interstate 40.

The 163 acres of land include 48 acres of conservation agriculture land.

24. Sports Execs Tackle Teams’ Economic Impact -

Football fans in Charlotte, N.C., have had a fun season watching the NFL’s Carolina Panthers reel in 15 wins, a near perfect season, and secure the top playoff seed in their conference.

And it could turn out to be quite the edge for the Panthers in their quest to reach the Super Bowl.

25. Last Word: 7 Dead in North Mississippi, City Hall Shuffle Continues, Another UCI Exit -

With first light Christmas Eve in North Mississippi the death toll from the Wednesday storm and tornadoes rose to seven with more than 40 injured, that according to Mississippi Gov. Phil Bryant who has declared a state of emergency.

26. Nike’s Global Expansion Connected to Memphis -

Name the earnings conference call this company CEO quote is from: “The success you see today and the opportunities ahead are driven by the strength of our portfolio.”

You could be forgiven for guessing it came from a FedEx Corp. call since Fred Smith, founder and CEO of the Memphis-based corporation, frequently speaks of the FedEx “portfolio.” He also frequently lectures analysts about the perils of judging FedEx by the performance of one part of the portfolio or looking at the portfolio a piece at a time.

27. Even Joe Buck Knows Value Of a Cubs World Series -

Baseball needs the Chicago Cubs.

And Jake Arrieta, and Joe Maddon, and what Joe Buck, of all people, called “old-school ratings.”

28. New Tax Incentive Aims to Boost Declining Memphis Neighborhoods -

Just north of Interstate 40, the commercially empty gateways to the Frayser neighborhood between North Hollywood Street and North Watkins Street are hardly fit to accommodate the thousands of vehicles that pass by every day.

29. Tennessee Athletics Reports $13.1 Million Budget Surplus -

KNOXVILLE, Tenn. (AP) – Tennessee's athletic department has reported a $13.1 million surplus for the 2014-15 fiscal year, thanks in part to record fundraising and the launching of the SEC Network.

30. Southern Heritage Classic Founder’s Vision: Go Big -

It’s a funny question to him now, 26 years down the line and the Southern Heritage Classic an unquestionable success.

So founder Fred Jones Jr. laughs when asked if he had to bankroll the first game with mostly his own money.

31. Preseason Analysis: Vols Will Defeat Oklahoma, Finish 8-4 -

Tennessee’s football team has something to prove as it concludes the first week of preseason practices and moves forward to the 2015 season.

The Vols must prove they belong in the national picture in Butch Jones’ third year as coach.

32. '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.

33. Memphis Sole -

The football field measurements are perhaps inevitable in describing just how big Nike’s Northridge distribution center in Frayser is after its $301 million expansion.

The 2.8 million-square-foot facility – the equivalent of 49 football fields – is Nike Inc.’s largest distribution center in the world.

34. For Vanderbilt’s Williams, It’s Not All About Game-Day Attendance -

Vanderbilt, the smallest and only private school in the SEC, has always lagged the league in attendance.

The Commodores, even during the back-to-back 9-4 teams of 2012 (37,860) and ’13 (35,675), failed to fill the stadium (capacity (40,550).

35. Vols, Titans Fight to Fill Empty Stadium Seats -

When it comes to giving the consumer what it wants, few sports programs can match University of Tennessee football.

Neyland Stadium, which 40 years ago could accommodate only 70,000 fans, has swelled to a capacity of 102,455, fifth largest in college football. It has a $4 million, 4,580-square-foot Jumbotron, W-Fi connections for fans and enough flashing lights around the stadium’s interior to shame the Las Vegas Strip.

36. MPLOYment Opportunities -

John Hickman has been consumed lately by the Memphis Brooks Museum of Art’s upcoming centennial celebration. Parties need to be planned. Showings and displays must be coordinated. Marketing must be launched. And the facility must look great.

37. Gay Marriage Marks First Day in Memphis -

Tennessee Gov. Bill Haslam was in Memphis taking a tour of the Nike plant expansion in Frayser when the highly anticipated U.S. Supreme Court decision on gay marriage was released Friday, June 26, in Washington, D.C.

38. Nike Formally Opens $301 Million Frayser Expansion -

Executives of Nike Inc. are in Memphis Friday, June 26, to formally open the $301 million expansion of the sports shoe and apparel giant’s Northridge distribution center at 3100 New Frayser Boulevard.

39. Michigan Investor Pays $7.5 Million for Hickory Hill Apartments -

5995 Waterstone Oak Way
Memphis, TN
Sale Amount: $7.5 million

Sale Date: June 11, 2015
Buyer: RoCo-Lakes LLC
Seller: RRE Waterstone Holdings LLC
Loan Amount: $6.2 million
Loan Date: June 11, 2015
Maturity Date: June 11, 2017
Lender: Keybank NA
Details: RoCo-Lakes LLC, a Michigan limited liability company, purchased two parcels comprising The Lakes at Ridgeway Apartments on June 11.

40. Nike Vendor Files Two Permits Totaling $8.5M -

Elk Grove, Ill.-based Wynright Corp. applied for two building permits – one for $7.2 million and another for $1.3 million – through the city-county Office of Construction Code Enforcement for work on Nike’s $301 million expansion at 3100 New Frayser Blvd. The permit description said the scope of work included “engineering material and installation.”

41. Nike Vendor Files Two Permits Totaling $8.5 Million -

Elk Grove, Ill.-based Wynright Corp. applied for two building permits – one for $7.2 million and another for $1.3 million – for work on Nike’s $301 million expansion at 3100 New Frayser Blvd.

42. New Memphis Institute's Annual Summer Experience Connecting Young Professionals -

Hundreds of interns working at Memphis companies this summer are getting a taste of what the Bluff City has to offer them, should they choose to put down roots here.

The New Memphis Institute’s annual Summer Experience slate of events is intended to connect young professionals working in the city with their peers; to establish movers and shakers; and to give them an up-close look at Memphis. The goal: capture their attention at a formative stage in their life, when they’re poised to make plans about whatever city they’ll ultimately call home.

43. New Coach, Fans Will Keep Eye on Rocky Top League -

KNOXVILLE – Hoops fans, rejoice. Your summer basketball fix is almost here.

The Pilot Rocky Top League returns for its eighth year starting June 15 and should feature 11 players who will be on the University of Tennessee’s roster in 2015-16.

44. Nike Says It's Cooperating With Authorities in FIFA Probe -

NEW YORK (AP) – Nike says it is cooperating with authorities in the U.S. probe into corruption of FIFA, the governing body of soccer worldwide.

On Wednesday U.S. officials charged seven FIFA members with racketeering and corruption charges and announced a sweeping investigation into corruption. Swiss officials also invaded FIFA headquarters, seizing records and computers to investigate whether the decisions to award World Cups to Russia and Qatar were rigged.

45. Successful Ideation: Mindset and Methods -

Define what ideation means to your organization. Many companies practice some form of brainstorming or ideation. While it can be freeing to withhold restraints such as costs and technical matters and enter into the unchartered frontiers of “What If,” a lack of focus and too few creative restraints make it a fun but fruitless experience.
This is what we call idling instead of ideating. Thrilling, but a waste of time and money – incapable of generating the volume and range of ideas that make a difference.

46. Welcome to the New Era of Automation -

When Netflix put the video rental retail stores in their coffins, there was still a sizable segment of people who missed the convenience, were suspect of a mail-order or streaming subscription service or simply didn’t have the connectivity to enjoy it.

47. In-State Emphasis Paying Off for Vols Swim Program -

You don’t need to search the Allan Jones Aquatic Center for a reminder of Tennessee’s glory years in men’s swimming under legendary coach Ray Bussard.

Hanging from the rafters are 10 SEC championship banners and the 1978 NCAA championship banner. Bussard coached eight SEC championship teams – the first in 1969 and seven consecutive from 1972-78 – and the NCAA title team.

48. 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.

49. Nike Applies for $2.2 Million In Building Permits -

Nike Inc. has applied for two building permits totaling $2.2 million for alterations to its distribution center at 3100 New Frayser Blvd.

50. Nike Applies for $2.2 Million in Building Permits -

Nike Inc. has applied for two building permits totaling $2.2 million for alterations to its distribution center at 3100 New Frayser Blvd.

51. Dow Reshuffle: Apple Joins Blue-Chip Index and Boots AT&T -

NEW YORK (AP) – Apple is in. AT&T is out.

In another victory of sorts for the popular and profitable iPhone giant, Apple will replace AT&T in the venerable Dow Jones industrial average on March 19, the manager of the index announced Friday.

52. Haslam Says Common Core a Standard, Not Ideology -

Tennessee Gov. Bill Haslam said the Tennessee legislature’s discussion and coming vote about the state’s public education standards is “critically important.”

And while Haslam has said several times that the term for those existing standards – Common Core – has become too politically charged to continue to be used, he added last week in Memphis that the standards under review are “very specific academic oriented standards.”

53. Fruits and Vegetables Get a Star-Studded Marketing Push -

NEW YORK (AP) – What if cauliflower got the same type of marketing firepower as candy bars and potato chips?

A campaign being launched Thursday plans to put that premise to the test by enlisting celebrities including actress Jessica Alba and NBA star Stephen Curry to shill for fruits and vegetables.

54. Southaven Plans to Become Regional Shopping Destination -

Local officials are expecting the outlet mall under construction by Tanger and Poag Shopping Centers to make Southaven a regional business destination.

“We are 250 miles from six states and we will probably draw from all of them,” Carmen Kyle, executive director of the Southaven Chamber of Commerce, told The Commercial Appeal. “This isn’t your local mall.”

55. Shelby Farms Conservancy Seeks $7.2 Million in Permits -

6093 N Patriot Lake Blvd.
415 E. Patriot Lake Blvd.
Memphis, TN 38118
Permit Amount: $7.2 million

56. Nike Seeks $1.6 Million Permit for Frayser Expansion -

Nike Inc. has applied for a $1.6 million building permit through the city-county Office of Construction Code Enforcement for additions to its distribution center at 3100 New Frayser Blvd.

57. Precious Cargo -

In November, a trailer full of new, pre-released LeBron James shoes made by Nike was stolen in the Memphis area.

But thanks to a local task force dedicated to stopping cargo theft, the Oregon-based sports apparel giant, which operates a massive distribution center in Frayser, was able to recover nearly all of the shoes, which were valued at around $700,000.

58. Recruiting Wars -

Memphis Grizzlies point guard Mike Conley is in his eighth year in the NBA. But he’s just 27 years old and his 10-year class reunion at Lawrence North High School in Indianapolis is still an event in the future.

59. Lynnfield Place Apartments Sell for $22.4 Million -

1400 Lynnfield Road
Memphis, TN 38119
Sale Amount: $22.4 million

Sale Date: Nov. 7, 2014
Buyer: Lynnfield Apartments LLC
Seller: Lynnfield Holdings LLC
Loan Amount: $20 million
Loan Date: Nov. 3, 2014
Borrower: Lynnfield Apartments LLC
Lender: Arbor Commercial Funding LLC
Details: The Lynnfield Place apartment community in East Memphis has sold for $22.4 million.

60. Nike Inc. Applies For $2M Building Permit -

Nike Inc. has applied for a $2 million building permit through the city-county Office of Construction Code Enforcement for additions to its distribution center at 3100 New Frayser Blvd.

61. Nike Applies for $2 Million Building Permit -

Nike Inc. has applied for a $2 million building permit through the city-county Office of Construction Code Enforcement for additions to its distribution center at 3100 New Frayser Blvd.

62. Building Innovation Networks -

This Learning Lab was presented at the Back End of Innovation 2014 Conference, by Ayelet Baron, Futurist, Simplifying Work and Innovator in Residence, Roche/Genentech.

“Get out of your work building and go into the world,” says the speaker. The team she is working with at Roche have started a program called “Get Out of the Building” as a way to not only get exposed to new ideas but also to build new relationships. It’s great advice.

63. Highland Row Developer Applies for $6.7 Million Permit -

387 S. Highland St.
Memphis, TN 38111
Permit Amount: $6.7 million

Project Cost: $61 million
Application Date: November 2014
Engineer: Jordan & Skala Engineers
Details: Indianapolis-based developer Milhaus Ventures has applied for another building permit for the long-awaited Highland Row project near the University of Memphis.

64. Nike Applies for Building Permits -

Nike Inc. has applied for two building permits totaling $691,600 through the city-county Office of Construction Code Enforcement for additions to its distribution center at 3100 New Frayser Blvd.

65. Nike Applies for Building Permits -

Nike Inc. has applied for two building permits totaling $691,600 through the city-county Office of Construction Code Enforcement for additions to its distribution center at 3100 New Frayser Blvd.

66. RISE Foundation Adds New Board Members -

The RISE Foundation, a nonprofit that uses financial literacy to help improve the lives of low-income Memphis residents, has added five new members to its board of directors.

The new members are Crystal Oliver, managing director in human resources at FedEx; Jerry Corless, managing partner at MidSouth Financial Group/MassMutual; Brian Woods, finance director at Nike; Paul Blanchard, vice president, supply chain, industrial packaging at International Paper; and Teresa Morris, Memphis district manager at Wells Fargo Bank.

67. RISE Foundation Adds New Board Members -

The RISE Foundation, a nonprofit that uses financial literacy to help improve the lives of low-income Memphis residents, has added five new members to its board of directors.

The new members are Crystal Oliver, managing director in human resources at FedEx; Jerry Corless, managing partner at MidSouth Financial Group/MassMutual; Brian Woods, finance director at Nike; Paul Blanchard, vice president, supply chain, industrial packaging at International Paper; and Teresa Morris, Memphis district manager at Wells Fargo Bank.

68. CWCapital Sheds Willow Lake Buildings -

3900, 4100 Willow Lake Blvd.
Memphis, TN 38118
Sale Amount: $1.9 million

69. Nike Inc. Applies For $1.9 million Building Permit -

Nike Inc. has applied for a $1.9 million building permit with the city-county Office of Construction Code Enforcement for additions to its distribution center at 3100 New Frayser Blvd.

70. Cycle for Life -

She’s young, physically active, and the family history did not suggest she was at risk. Yet Kate Horton was diagnosed with ovarian cancer.

71. Allow Innovation to Expand Business Model -

As your innovation efforts begin to move from the ideation to the testing phase, or the co-creation with consumers or customers, outlandish and disruptive concepts present themselves. As messy as children arriving, they show up, saying, "Feed me, let me scream at the top of my lungs, I’m uncivilized,” all without speaking.

72. Lipscomb Expands Offerings to Fill Workplace Needs -

Lipscomb University is gearing toward the future this fall with three new programs designed to give students an advantage in a rapidly changing job market.

With a recent vote aimed directly at employment trends, the university’s board of trustees approved a School of Public Policy and Civic Leadership, a separate competency-based program and a physician assistant degree.

73. Brand Lessons from Apple -

The essence of a brand isn’t so much about rationale arguments; instead, it’s how it makes the market feel emotionally. So believed the late Steve Jobs.

“Nike sells a commodity; they sell shoes. And yet when you think of Nike you feel something different than a shoe company. In their ads, as you know, they don’t ever talk about the product... What’s Nike do in their advertising? They honor great athletes and… great athletics. That is what they are about.”

74. Creative Works Conference Launching in October -

A three-day conference for Memphis’ creative community is launching in the city later this year that includes a speaking roster of design, illustration, typography and other creative heavy-hitters from around the country.

75. Retailers Launch Cybercrime Info Sharing Center -

NEW YORK (AP) – Some of the country's largest retailers are banding together in hopes of protecting consumers' personal and financial information from hackers and thieves.

The Retail Industry Leaders Association, along with several top retailers ranging from Gap Inc. to Walgreen Co., on Wednesday launched an intelligence sharing center focused on the prevention of cybercrimes against retailers.

76. Heisley’s Legacy: Believing in Memphis -

It is said that the famous have their lives summed up in the first paragraph of their public obituary.

The first sentence from a recent obit in The New York Times read: “Michael Heisley, the billionaire financier, who bought the N.B.A.’s floundering Vancouver Grizzlies in April 2000 and soon moved them to Memphis, where he revitalized the franchise, died on Saturday in Illinois. He was 77.”

77. This week in Memphis history: April 4-10 -

2013: The Memphis Soul concert in the East Room of the White House featuring Sam Moore and Justin Timberlake.

78. Hard Rock, Nike File Building Permits -

Hard Rock Café International has filed a $2.5 million building permit application with the city-county Office of Construction Code Enforcement for its coming renovation of the Lansky building at 126 Beale St.

79. Hard Rock, Nike File Building Permits -

Hard Rock Café International has filed a $2.5 million building permit application with the city-county Office of Construction Code Enforcement for its coming renovation of the Lansky building at 126 Beale St.

80. PILOT Reform -

Nike is in the midst of a $301 million expansion of its Northridge plant in Frayser, a project that means the Beaverton, Ore.-based company will create 250 new jobs and retain 1,600 existing local jobs.

81. Jobs Explosion -

Conduit Global will hire 1,000 people over the next three to five years to staff a large call center in Shelby County, the company announced Wednesday, Jan. 22.

Conduit Global president Bryce Hayes said the New York-based company will start hiring 300 immediately for the $8 million call center serving Verizon.

82. Telecom Company to Open Call Center in Shelby County -

A telecommunications-related company will locate a major call center in Shelby County, a project that will create hundreds of new jobs.

The company, which has been operating under the code name Project Moscow, will announce the deal that will employ over 500 people on Wednesday, Jan. 22, according to sources with knowledge of the project. The unidentified company would operate the call center for one of the nation’s largest telecommunications providers, Verizon.

83. Collierville Fred’s Sells for $1.5 Million -

450 U.S. 72
Collierville, TN 38017
Sale Amount: $1.5 million

Sale Date: Dec. 20, 2013
Buyer: Collierville Realty Holdings LLC
Seller: Washington Square Properties (a Tennessee general partnership composed of Thomas W. Taylor, trustee of the Thomas W. Taylor Revocable Living Trust dated April 27, 2000, and Thomas W. Hart)
Loan Amount: $793,000
Loan Date: Dec. 20, 2013
Maturity Date: Dec. 20, 2016
Lender: First Capital Bank
Details: The 19,152-square-foot fred’s retail store at 450 U.S. 72 in Collierville has sold for $1.5 million.

84. Nike Files $1.4 Million Permit for Frayser Facility -

Nike Inc. has filed a $1.4 million building permit with the city-county Office of Construction Code Enforcement for work on its North Memphis distribution center at 3100 New Frayser Blvd.

85. Define Your Core Business -

Most successful new businesses begin by taking advantage of a new, untapped opportunity that develops in the marketplace. These businesses can grow organically for many years by continuing to take advantage of their formula for success.

86. Events -

The Greater Memphis Chamber will host its October Lunch in the Know on Tuesday, Oct. 22, from 11:30 a.m. to 1 p.m. at Baptist Memorial Hospital-Memphis Medical Plaza B, 6027 Walnut Grove Road. Lisa Leach and Tanja Thompson, shareholders at Littler Mendelson PC, will present “Managing the Toxic Employee.” Cost is free for chamber members; lunch is provided. Email tlee@memphischamber.com.

87. Events -

Middle Tennessee State University will hold a “True Blue Tour” stop for 2014-2015 prospective students Monday, Oct. 21, from 6 p.m. to 8 p.m. at Memphis Botanic Garden, 750 Cherry Road. Cost is free. Visit tinyurl.com/truebluetour to preregister.

88. Hanging Around -

The Pickering Firm Inc. is the architect and engineer of record for Nike’s massive, 1.7 million-square-foot facility expansion in Frayser.

89. Nike Files $4.3 Million Permit for Frayser Facility -

3100 New Frayser Blvd.
Memphis, TN 38128
Permit Cost: $4.3 million

Project Cost: $301 million
Permit Date: Applied September 2013
Completion: TBA
Owner: Nike Inc.
Tenant: Nike Inc.
Architect: N/A
Contractor: Wynright Corp.
Details: Nike Inc. has filed a $4.3 million building permit with the city-county Office of Construction Code Enforcement for work on its North Memphis distribution center at 3100 New Frayser Blvd.

90. Logistics Limelight -

World-renowned as a logistics and distribution hub, Memphis will further raise its profile this month with events that showcase the city’s transportation assets and standing in the global economy.

91. Nike Files $4.3 Million Permit for Frayser Facility -

Nike Inc. has filed a $4.3 million building permit with the city-county Office of Construction Code Enforcement for work on its North Memphis distribution center at 3100 New Frayser Blvd.

92. Dow Average Adds Goldman Sachs, Nike and Visa -

The Dow Jones industrial average is dropping Bank of America, Hewlett-Packard and Alcoa, its three-lowest priced stocks, as part of a six-company shakeup of the most widely known barometer of the U.S. stock market.

93. Council Delays Referendums and OKs Alarm Fee Hike -

Memphis City Council members delayed Tuesday, July 16, several items that would have called for special referendum elections in this off-election year for Memphis voters.

The council delayed final votes to set referendums on civil service changes as well as on a proposed half-percent sales tax hike.

94. Council Delays Referendums, Approves Hike in Alarm Fees -

Memphis City Council members delayed Tuesday, July 16, several items that would have called for special referendum elections in this off-election year for Memphis voters.

The council delayed final votes to set referendums on civil service changes as well as on a proposed half-percent sales tax hike.

95. Council Ponders Use of Reserve To Keep Fire Station Open -

Memphis City Council member considered briefly Tuesday, July 16, using $1.1 million from the $48 million city reserve fund to keep a North Memphis fire station open.

But they dropped the idea after Memphis Mayor A C Wharton Jr. agreed to keep Fire Station #6, on Danny Thomas Boulevard north of Chelsea Avenue open at least until Labor Day.

96. Pitching Memphis -

Staunching a brain drain of college-age creative talent is a task cities around the country are undertaking with varying degrees of enthusiasm.

In Memphis, that sales job begins in earnest each summer. And it results in a big push to introduce college-educated interns to top executives and local cultural attractions – basically, the best the city has to offer – in the hope those young people will put down roots here.

97. Former Ike’s on Summer Sells for $2.7 Million -

4569 Summer Ave. Memphis, TN 38122

Sale Amount: $2.7 million

Sale Date: May 17, 2013

98. Cresthaven Medical Building Sells for $2.5 Million -

1068 Cresthaven Road Memphis, TN 38119

Sale Amount: $2.5 million

Sale Date: May 2, 2013

99. Nike Distribution Center Issued $4.4 Million Permit -

The city-county Office of Construction Code Enforcement has issued a $4.4 million mechanical permit for work on Nike Inc.’s North Memphis distribution center at 3100 New Frayser Blvd.

100. Oakhaven Warehouse Sells After Foreclosure -

4120 Air Trans Road, Memphis, TN 38118

Sale Amount: $2.5 million

Sale Date: May 7, 2013