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Editorial Results (free)

1. HUD Cancels Rent Subsidies At Embattled Memphis Apartments -

Federal housing officials have ended subsidies at the Warren and Tulane apartments in Memphis.

And Global Ministries Foundation reacted to the Friday, Feb. 5, notice by saying it is preparing for those residents to move out of the complexes and looking for a new owner for both properties.

2. Self-Storage Facilities Sell for $6 Million -

Two Extra Space Storage facilities have changed hands for $6 million.

Extra Space Properties 122 LLC purchased the facilities at 1235 Gateway Drive and 1075 Madison Ave. from ESS VRS Owner LLC in separate Feb. 2 warranty deeds.

3. Midtown Neighborhood Starts 2016 Off With a Bang -

Touted as Midtown’s first working-class neighborhood, established in 1890, the Mount Arlington subdivision in the Cooper-Young district contains 856 properties with an average year built of 1927.

4. Southeast Memphis Warehouse Sold -

A warehouse in Southeast Memphis has sold for $1.6 million.

Alabama-based Westmoreland Co. Inc. sold its warehouse at 4521 Malone Road to RLF I B SPE LLC in a Jan. 25 warranty deed. Maryland-based NorthAmerican Terminals Management LLC, a real estate company that owns and manages transportation-related properties for domestic trucking markets, is listed in the deed as the buyer’s related entity.

5. Midtown Memphis Ready for Apartment Building Boom -

It’s been more than a decade since new apartments were built in Midtown, and that’s poised to change in a big way with a wave of new multifamily construction stretching from Binghampton to Crosstown.

6. Cates Wants Detail on Downtown Agreements -

From Mud Island River Park across the Memphis harbor to The Pyramid and further east to St. Jude Children’s Research Hospital – there are a lot of connections as the areas head toward a new incarnation.

7. Collaborative Aims to Enhance Memphis Medical District -

In 2016, the Memphis Medical Center will see $1.8 million in upgrades and enhancements aimed at creating a unified, livable district. That’s the annual budget for the newly established Medical District Collaborative, a nonprofit entity made up of the area’s stakeholders and executives.

8. Southeast Memphis Warehouse Sold -

A warehouse in Southeast Memphis has sold for $1.6 million.

Alabama-based Westmoreland Co. Inc. sold its warehouse at 4521 Malone Road to RLF I B SPE LLC in a Jan. 25 warranty deed. Maryland-based NorthAmerican Terminals Management LLC, a real estate company that owns and manages transportation-related properties for domestic trucking markets, is listed in the deed as the buyer’s related entity.

9. Save-A-Lot to Anchor New Sam Cooper Shopping Center -

Southeast Corner of Sam Cooper
Boulevard and Tillman Street
Memphis, TN 38104

Tenant: Save-A-Lot

Size: 16,300 square feet

Tenant’s Agent: Frank Dyer, Loeb Realty Group

10. The Week Ahead: Feb. 1, 2016 -

How was your weekend, Memphis? The good news is you officially made it through January. Here’s a look at what’s happening this week, from a frigid swim to a FedExForum double-header…

11. ProLogis Sells 90M Square Feet of Property -

ProLogis has unloaded nearly 90 million square feet of its industrial holdings in six separate deals.

ProLogis, working under a number of affiliated names, sold multiple properties – including two warehouses housing Cummins Inc.’s distributions operations – to Exeter Property Group, according to warranty deeds signed Dec. 29. They include:

12. ProLogis Sells 90 Million Square Feet of Property -

ProLogis has unloaded nearly 90 million square feet of its industrial holdings in six separate deals.

ProLogis, working under a number of affiliated names, sold multiple properties – including two warehouses housing Cummins Inc.’s distributions operations – to Exeter Property Group, according to warranty deeds signed Dec. 29. They include:

13. Highland Heights CDC Rehabs Five More Homes -

On his desk at Treadwell Middle School, Jared Myers keeps a colorful map marked by green, red and blue shapes.

14. Wal-Mart's Shutdown Creates New Food Deserts -

FAIRFIELD, Ala. (AP) — Wal-Mart's decision to shutter 154 stores across the country means that, starting Thursday, residents without cars in a neighborhood near a historically black college outside Birmingham, Alabama, will have to cross dangerous roadways on foot to get fresh produce and meat. Come Friday, folks in Coal Hill, Arkansas, will need to drive 15 miles to get to the nearest supermarket and pharmacy. Low-income neighbors of Wichita State University in Kansas, too, will be losing quick access to fresh groceries.

15. SCS Board Authorizes More Discussions On Crosstown High -

Shelby County Schools board members have authorized superintendent Dorsey Hopson to continue discussions about a Crosstown High School.

The board approved a resolution Tuesday, Jan. 26, that also sets some parameters for the talks with the developers of Crosstown Concourse and Christian Brothers University about the collaboration.

16. The 5 Applicants for Mud Island Redevelopment -

Each company that applied to redevelop Mud Island River Park has a month to submit its detailed proposal, including specific plans and how they would be financed, to the Riverfront Development Corp.

17. Last Word: Kroger Disses Clarence Saunders, Mud Island Plans and The Australians -

What is old has become new again. And judging by your reaction to Andy Meek’s story on the Kroger plans for online ordering of groceries, what is old has gone viral as well.
Here are the basics:
You order from a list of items and Kroger fills the order and has it waiting for you to pick up.
When you think about the idea of supermarkets, which originated here in Memphis with Piggly Wiggly, it’s enough to make the Piggly Wiggly founder himself, Clarence Saunders, spin in his grave.
Before he came up with the idea of taking store shelves from behind the counter and putting them out there for you to get your own stuff from them, you would tell your grocer what you wanted and he would write it down on a paper bag and get it for you, wrap it up and present it to you.
Saunders changed all of that as you know if you’ve seen the Pink Palace’s child-sized replica of a Piggly Wiggly store from the start of the 20th century.
A century later, no paper bags and you can still walk among the shelves if you wish.
Perhaps this isn’t that extreme. Maybe this is simply a swing of the pendulum, back toward the middle ground.
Saunders tried to push it even further with his Keedoozle stores that followed Piggly Wiggly. In those stores, the items were lined up in what amounted to vending machines with shoppers releasing an item from the vertical row with a key.
Here Saunders went too far. He mashed the bread.

18. Five Mud Island Proposals Go Public -

A Memphis resort hotel group headed by mortgage banker and hotel manager Paul Westphal is proposing a 500-room resort hotel and spa in Mud Island River Park that would incorporate the island’s River Walk in its lobby.

19. Belz Sells Linden Camilla Towers for $14.4 Million -

256 S. Camilla Street
Memphis, TN 38104

Sale Amount: $14.4 million

Sale Date: Dec. 6, 2015

20. International Real Estate Firms Find Purchase Potential in Memphis -

International investors and developers are increasingly looking to Memphis because the market is stable and the returns are high, according to a variety of real estate professionals doing business locally.

21. 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.

22. Exeter Property Group Transfers 13 Properties -

Exeter Property Group has sold 13 Memphis industrial properties for a combined $143.3 million – all part of the massive deal in which Exeter sold its U.S. industrial portfolio for $3.2 billion.

23. Bass Pro Shops Eyes Mud Island -

Mud Island’s neighbor to the east is interested in redeveloping the river park.

Bass Pro Shops is among the five companies that have submitted proposals to the Riverfront Development Corp. to oversee Mud Island River Park. And all five have advanced to a second round of the process without the RDC releasing details of the material they submitted.

24. Morris Marketing Group Built on Strong Relationships -

In some respects, Valerie Morris’ career prepared her to open a PR and marketing agency, even if it didn’t always seem so obvious.

25. Olymbec Compiling Airport-Area Office Park -

Olymbec USA LLC is gaining critical mass near Memphis International Airport with the planned purchase of a 133,600-square-foot office building at 2600 Nonconnah Blvd.

26. Exeter Property Group Transfers 13 Properties -

Exeter Property Group has sold 13 Memphis industrial properties for a combined $143.3 million – all part of the massive deal in which Exeter sold its U.S. industrial portfolio for $3.2 billion.

27. Clean Memphis, Chamber Work to Spruce Up City -

Janet Boscarino’s career in business development had her traveling frequently. And while she always enjoyed coming home, one thing stood out that she hated: the amount of litter she saw across Memphis, especially compared to some of the cities she visited for business.

28. Four Beale Street Proposals Feature Different Backgrounds -

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.

29. Main Event Entertainment Transferred in Sale-Leaseback -

Operators of the newly opened Main Event Entertainment complex at 7219 Appling Farms Parkway participated in an $8 million sale and leaseback transaction, according to a Dec. 17 special warranty deed.

30. Gastro One Sells Five Shelby County Properties -

A health care real estate investment trust has acquired five of Gastro One’s Shelby County property holdings in transactions totaling $15 million, according to deeds filed with the Shelby County Register’s Office.

31. CCRFC Approves $1.7M For Convention Center Work -

The Center City Revenue Finance Corp. approved up to $1.7 million in revenue bonds Tuesday, Jan. 12, for Memphis Cook Convention Center improvements.

32. Memphis Chamber Names ‘10 to Watch’ in 2016 -

The Greater Memphis Chamber has released its “10 to Watch” in 2016 list, recognizing companies and organizations that over the past year showed outstanding leadership, growth and commitment to success.

33. First Building Permit Pulled For Crosstown Concourse Build-Out -

495 N. Watkins St.
Memphis, TN 38104

Permit Amount: $15.6 million

Application Date: January 2016

34. 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.

35. 4 Applicants Up for Beale Street Gig -

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.

36. Gastro One Sells Five Shelby County Properties -

A health care real estate investment trust has acquired five of Gastro One’s Shelby County property holdings in transactions totaling $15 million, according to deeds filed with the Shelby County Register’s Office.

37. Memphis Chamber Names ‘10 to Watch’ in 2016 -

The Greater Memphis Chamber has released its “10 to Watch” in 2016 list, recognizing companies and organizations that over the past year showed outstanding leadership, growth and commitment to success.

38. Main Event Entertainment Transferred in Sale-Leaseback -

Operators of the newly opened Main Event Entertainment complex at 7219 Appling Farms Parkway participated in an $8 million sale and leaseback transaction, according to a Dec. 17 special warranty deed.

39. Crime-Ridden, Neglected Apartments Come Under Fire -

Several Memphis apartment complexes with long records of neglect and crime issues are the targets of a renewed political and bureaucratic push to improve conditions.

The efforts are a new front in the recent city movement to tackle Memphis’ blight problem. And it’s a front that invites skepticism.

40. CCRFC Approves $1.7M For Convention Center Work -

The Center City Revenue Finance Corp. approved up to $1.7 million in revenue bonds Tuesday, Jan. 12, for Memphis Cook Convention Center improvements.

41. Hughes Promoted at Harris Shelton -

Brett Hughes has been promoted to managing member at Harris Shelton Hanover Walsh PLLC law firm. In his new role, Hughes will provide managerial support to the firm’s three offices. His primary responsibility will be to manage the firm’s administration and committees, particularly on issues that impact client service, as well as the morale, compensation, growth and development of the firm.

42. Shelby County Housing Market 'Back to Normal' in 2015 -

The Memphis and Shelby County housing market moved closer to prerecession levels in 2015 as the year closed with the highest home sales revenue recorded since 2007.

There were 16,176 sales recorded last year, up 3 percent from 2014, according to real estate information company Chandler Reports, chandlerreports.com.

43. Collierville Assisted Living Facility Sells for $17 Million -

601 Wolf River Blvd.
Collierville, TN 38017

Sale Amount: $17 million

Sale Date: Dec. 29, 2015

44. Last Word: El Chapo and Memphis, First Filers for August and Origins in Graffiti -

The Mississippi River at Memphis crested and then it rained.
The weekend rain added about two-tenths of an inch by Saturday to Friday’s crest.
But by Sunday, the river had dropped to 39.12 feet, which is still more than five feet above flood stage.

45. Tunica Casino Union Vote Delayed On Worker Pressure Charges -

JACKSON, Miss. (AP) – A vote on unionization by dealers at the MGM Gold Strike Casino in Tunica County has been put off amid charges that MGM Resorts International broke federal law while campaigning against union representation.

46. Shelby County Tax Property Sale Features Two Firsts -

When the Shelby County Trustee’s office puts a set of tax delinquent properties up for auction Jan. 19-21, it will be a first in several ways.

The auction will be the first such sale in Tennessee online and it will be the first tax sale with shorter redemption periods for some of the property, depending on how far behind the original owner is on their property taxes.

47. Collierville Assisted Living Facility Sells for $17M -

Culpepper Place of Collierville, an assisted living facility at 601 Wolf River Blvd., has a new owner and a new name following its $17 million sale.

48. Pilot Distribution Center Sells for $11.9 Million -

The 605,000-square-foot Pilot Distribution Center in Southeast Memphis has sold for $11.9 million.

Sealy Strategic Equity Partners LP, working as Sealy Pilot LLC, purchased the industrial warehouse at 4221 Pilot Drive from Pilot Distribution Center Inc. on Dec. 22, according to a warranty deed.

49. Four Memphis Taco Bell Properties Sell for $7.2M -

A Memphis-based owner of fast food properties has sold of a hefty part of its portfolio to California-based Realty Income Properties 22 LLC in four separate transactions totaling $7.2 million.

RGT Foods Inc. sold the Taco Bell property at 1447 Union Ave. to Realty Income Properties 22 for $1.5 million, while the location at 7964 Winchester Road sold for $2 million.

50. Graffiti Green Light -

Brandon Marshall is a full-time artist, making a living painting commissioned murals for clients. He’s also well-versed in the graffiti world of Memphis, a small but determined group of artists who tag properties around the city.

51. Collierville Assisted Living Facility Sells for $17M -

Culpepper Place of Collierville, an assisted living facility at 601 Wolf River Blvd., has a new owner and a new name following its $17 million sale.

52. Pilot Distribution Center Sells for $11.9 Million -

The 605,000-square-foot Pilot Distribution Center in Southeast Memphis has sold for $11.9 million.

Sealy Strategic Equity Partners LP, working as Sealy Pilot LLC, purchased the industrial warehouse at 4221 Pilot Drive from Pilot Distribution Center Inc. on Dec. 22, according to a warranty deed.

53. Mall of Memphis Property Bought by Trucking Company -

113-Acre Former
Mall of Memphis Site
Sale Amount: $3.9 million

Sale Date: Dec. 29, 2015
Buyer: TAG Real Estate Holdings LLC
Seller: Memphis Industrial Properties LLC (Johnson Development Associates Inc.)
Loan Amount: $23 million
Loan Date: Dec. 29, 2015
Lender: Mercedes-Benz Financial Services USA LLC
Details: The 113-acre former Mall of Memphis property has a new owner. TAG Real Estate Holdings, an affiliate of Memphis-based TAG Truck Enterprises LLC, paid $3.9 million, or $34,513 an acre, to buy the property from Johnson Development Associates Inc., acting as Memphis Industrial Properties LLC.

54. Google Helps Analyze If Rooftop Solar Panels Are Good Deal -

RALEIGH, N.C. (AP) – The company that lets you compare air fares and translate foreign languages online wants to make it easier to weigh the costs and benefits of installing solar panels on household rooftops.

55. Four Memphis Taco Bell Properties Sell for $7.2M -

A Memphis-based owner of fast food properties has sold of a hefty part of its portfolio to California-based Realty Income Properties 22 LLC in four separate transactions totaling $7.2 million.

RGT Foods Inc. sold the Taco Bell property at 1447 Union Ave. to Realty Income Properties 22 for $1.5 million, while the location at 7964 Winchester Road sold for $2 million.

56. Grant Program Proving Beneficial To Neighborhood Watch Groups -

With backing from the City of Memphis, local neighborhood associations can receive up to $2,500 to make their neighborhoods safer.

“Responding to criminal offenses and making arrests are part of the efforts to combat crime,” said Lia Roemer, program manager with the Memphis Area Neighborhood Watch department. “The Neighborhood Crime Prevention Fund gives our neighborhoods the opportunity to grow and create crime prevention efforts.”

57. Apartment Association Awards Take Place Jan. 8 -

The Apartment Association of Greater Memphis will host the 11th annual Diamond Achievement Awards on Jan. 8.

Over 500 members are expected to attend as the industry’s top professionals are honored in over 40 award categories.

58. Mall of Memphis Land Sold to Trucking Company -

The development company that wanted to build a speculative industrial park on the former Mall of Memphis site has sold the property instead.

Johnson Development Associates, Inc., acting as Memphis Industrial Properties, LLC, has unloaded the Mall of Memphis land in a Dec. 29 warranty deed.

59. iBank Tower Sells for $19.2 Million -

The iBank Tower, located at 5050 Poplar Ave., has sold for $19.2 million, and for the first time, the same owner controls both the iBank Tower and the nearby Clark Tower at 5100 Poplar Ave.

60. US Pending Home Sales Slip in November -

WASHINGTON (AP) – Fewer people signed contracts to purchase homes in November, as the real estate market appears to have cooled after sales gains for much of 2015.

The National Association of Realtors said Wednesday that its seasonally adjusted pending home sales index fell 0.9 percent to 106.9 last month. It was the lowest reading in 10 months. Still, the index has risen 2.7 percent from a year ago.

61. Apartment Association Awards Taking Place Jan. 8 -

The Apartment Association of Greater Memphis will host the 11th annual Diamond Achievement Awards on Jan. 8.

Over 500 members are expected to attend as the industry’s top professionals are honored in over 40 award categories.

62. US Home Prices Climb in October, Helped By Solid Job Market -

WASHINGTON (AP) – Steady job growth, low mortgage rates and tight inventories helped fuel rising U.S. home prices in October.

The Standard & Poor's/Case-Shiller 20-city home price index rose 5.5 percent in the 12 months ending in October, up from a 5.4 percent pace in September, according to a report released Tuesday.

63. Crestview Collection Makes New HQ in Oakhaven -

4300 Concorde Road
Memphis, TN 38118

Sale Amount: $6.9 million

Sale Date: Dec. 15

Buyer: CLI Inc.

Seller: Lester McMahan Partnership

Loan Amount: $6 million

64. City Code Enforcement Inspectors File Complaint -

A week and a half after the October Memphis elections, a group of 16 employees in the city Public Works division filed a formal complaint of discrimination against their supervisor with the city’s office of Equal Employment Opportunity Office.

65. Chinese Medicinal Herbs Provide Niche Market for US Farmers -

DELMAR, N.Y. (AP) – Expanding interest in traditional Chinese medicine in the United States is fostering a potentially lucrative new niche market for farmers who plant the varieties of herbs, flowers and trees sought by practitioners.

66. The Week Ahead: Dec. 28, 2015 -

How was your (hopefully long) weekend, Memphis? This week, more than most, is a time of change – of renewal, of turning the page, starting over. And of course, a time to ask the annual question: What are we going to do on New Year’s Eve?

67. Olive Garden Changes Hands for $3.2 Million -

A Wolfchase Galleria-area Olive Garden has changed hands for $3.2 million.

Florida-based GMRI Inc. sold the property at 8405 US Highway 64 to Florida-based FCPT Restaurant Properties LLC, according to a Nov. 2 warranty deed.

68. Olive Garden Changes Hands for $3.2 Million -

A Wolfchase Galleria-area Olive Garden has changed hands for $3.2 million.

Florida-based GMRI Inc. sold the property at 8405 US Highway 64 to Florida-based FCPT Restaurant Properties LLC, according to a Nov. 2 warranty deed.

69. Whitehaven View Apartments Sell for $2.7 Million -

1594 E. Holmes Road
Memphis, TN 38116

Sale Amount: $2.7 million

Sale Date: Dec. 14, 2015

70. Sycamore View Hotel Sold for $3.9 Million -

An Extended Stay America hotel at 5885 Shelby Oaks Drive has sold for $3.9 million, according to a Dec. 8 warranty deed.

71. Hiring of New Beale Street Manager Nears -

The Beale Street Tourism Development Authority will soon know what it has to work with in selecting a firm to run the entertainment district on a day-to-day basis.

The deadline for real estate management companies to apply to the authority’s request for proposal or RFP was Friday, Dec. 18.

72. Sycamore View Hotel Sold for $3.9 Million -

An Extended Stay America hotel at 5885 Shelby Oaks Drive has sold for $3.9 million, according to a Dec. 8 warranty deed.

73. Strickland Gets Ideas From Transition Groups -

Memphis Mayor-elect Jim Strickland spent most of Wednesday, Dec. 16, with his transition team ending one phase of his move from the city council to the mayor’s office.

74. Plans Forming for Memphis’ First Food Hall -

A norm on the East and West coasts – and an even older tradition in Europe and other international cities – indoor food markets are making their way to the Southeast in cities like Nashville, Atlanta, Little Rock and St. Louis.

75. Planning the Perfect Wedding -

Weddings begin with the venue. “A venue holds everything,” says Kristin King, who is opening a new event facility, The Sloane, in Nashville’s Gulch area in 2016.

76. AutoZone, SouthernSun, Loeb Donate to Artspace Lofts -

The Artspace South Main Artist Lofts development has three new supporters and made significant strides in its fundraising goal this week.

SouthernSun Asset Management and Loeb Properties Inc. each donated $10,000 to fund the affordable housing development, and AutoZone made a “major contribution” in line with donations made by The Assisi Foundation of Memphis, Pyramid Peak Foundation, the city of Memphis, Downtown Memphis Commission, Ford Foundation and the Hyde Family Foundations.

77. AutoZone, SouthernSun, Loeb Donate to Artspace Lofts -

The Artspace South Main Artist Lofts development has three new supporters and made significant strides in its fundraising goal this week.

SouthernSun Asset Management and Loeb Properties Inc. each donated $10,000 to fund the affordable housing development, and AutoZone made a “major contribution” in line with donations made by The Assisi Foundation of Memphis, Pyramid Peak Foundation, the city of Memphis, Downtown Memphis Commission, Ford Foundation and the Hyde Family Foundations.

78. Memphis, Shelby County Home Sales Rise in November -

Memphis is closing out 2015 on a high note, with 1,099 total home sales recorded for November.

Sales in Memphis and Shelby County are up 6 percent compared to November 2014, which saw 1,033 home sales, according to data provided by real estate information company Chandler Reports, chandlerreports.com.

79. Bass Berry & Sims Plans $2.1 Million Renovation -

100 Peabody Place
Memphis, TN 38103

Permit Amount: $2.1 million

Application Date: December 2015

80. Cordova Subdivision Still Feeling Effects of Foreclosure Crisis -

The Countrywood subdivision located off Rockcreek Parkway just east of North Germantown Parkway in Cordova’s 38016 ZIP code was hit hard by the foreclosure crisis.

Since 2009 there have been 44 foreclosures recorded in the subdivision, almost a third of them in 2009 alone, resulting in a significant decline of home values over the last several years.

81. Tampa Developer Buys in Bartlett -

Part of a Bartlett commercial center has sold for $1.5 million, according to a Nov. 30 warranty deed.

Senter C. Crook, a trustee of The Crook Trusts, sold the property at 2955 Kate Bond Road to Florida-based HP Sherrill IV LLLP.

82. Tampa Developer Buys in Bartlett -

Part of a Bartlett commercial center has sold for $1.5 million, according to a Nov. 30 warranty deed.

Senter C. Crook, a trustee of The Crook Trusts, sold the property at 2955 Kate Bond Road to Florida-based HP Sherrill IV LLLP.

83. Hard Work Leads to Success For Aunt Key’s Apothecary -

Carla Worth was a single mom of a 2-year-old, working two jobs and going to school.

Busy would be an understatement. But Worth also had a realization: Though she had several employment opportunities, she discovered she was pretty good at cleaning houses. And it worked well with her schedule.

84. Makowsky Ringel Greenberg Buys 8 Acres Near Broad Avenue -

The bids have been opened. Memphis-based multifamily housing manager and developer Makowsky Ringel Greenberg won the eight acres of vacant Sam Cooper right-of-way announced for sale early last month.

85. Bids Are In For Sam Cooper Real Estate -

Bids came due Monday, Nov. 30, for eight acres adjacent to Sam Cooper Boulevard and owned by the Tennessee Department of Transportation.

86. LEDIC Signs Lease For New Memphis HQ -

LEDIC’s new headquarters is official.

The Memphis-based manager, owner and developer of multifamily properties around the country has signed a long-term lease at 555 Perkins Extended, according to a Tuesday, Nov. 24, announcement from CB Richard Ellis Memphis.

87. The Week Ahead: Nov. 30, 2015 -

How was your weekend, Memphis? Here’s our weekly rundown of local happenings you need to know about, from snow and sledding at the Levitt Shell to orientation for members of the new Memphis City Council...

88. AC Glenn Committed to Drones, and to Memphis -

Aviation is in AC Glenn’s blood.

One of his childhood mentors was a Tuskegee airman, and his father, Albert Glenn, was one of the first African-American pilots hired by FedEx Corp. who currently serves as chairman of the advisory board for the Organization of Black Aerospace Professionals.

89. LEDIC Plans Drone Flight School, Security Program -

LEDIC president and CEO Pierce Ledbetter is making a big bet on drones.

The Memphis-based company’s new $10.2 million headquarters will house the area’s only drone flight school intended to certify operators in the newly forming commercial Unmanned Aerial Vehicle marketplace. It also will include a drone manufacturing facility.

90. LEDIC Signs Lease For New Memphis HQ -

LEDIC’s new headquarters is official.

The Memphis-based manager, owner and developer of multifamily properties around the country has signed a long-term lease at 555 Perkins Extended, according to a Tuesday, Nov. 24, announcement from CB Richard Ellis Memphis.

91. Delinquent Property Tax Sales Move Online -

The quarterly tax sale of delinquent properties now has an online home. Beginning with the Jan. 19 sale, people will be able to bid from their computer instead of trekking to the Shelby County Administration Building. The tax sale software will be the first of its kind for the state of Tennessee.

92. Habitat for Humanity to Build 21-Home Community in Uptown -

The open field between Third and Seventh streets, south of Cedar Avenue in north Memphis, is surrounded by homes – some that have seen better days and others that are newly built.

Now after more than a decade of building homes on scattered sites one or two at a time, the local Habitat for Humanity chapter this summer will build its first Uptown subdivision. And the community will take the name of a section of North Memphis remembered by long-time residents.

93. Nashville Property Values Increasing at 'Historic' Clip -

NASHVILLE, Tenn. (AP) — A Davidson County property assessor says he's expecting to see a "historic" rise in property values during Metro Nashville's next reappraisal.

According to The Tennessean, George Rooker Jr. told a newly created Metro Council Ad Hoc Affordable Housing Committee last week that he's estimating an average increase in residential property values of between 33 and 37 percent during the upcoming 2017 reappraisal.

94. Council OKs Raleigh Springs Mall Conversion, Again -

The Memphis City Council on Tuesday, Nov. 17, approved – for the second time in a year and a half – the plan to turn the Raleigh Springs Mall into a “town center” with a city library branch, new police precinct and the Memphis Police Department’s traffic precinct.

95. Editorial: EPIcenter Adds to Memphis’ Entrepreneurial Reality -

EPIcenter’s goal of 500 new companies in a decade is ambitious, even considering the $3.75 million in capital raised since last year for 50 new companies.

The idea of bringing the city’s collective startup community together with the goal of propelling Memphis’ economy forward is valuable. But it will require all those invested in the community to play nice, so to speak.

96. Council OKs Raleigh Springs Mall Conversion, Again -

The Memphis City Council on Tuesday, Nov. 17, approved – for the second time in a year and a half – the plan to turn the Raleigh Springs Mall into a “town center” with a city library branch, new police precinct and the Memphis Police Department’s traffic precinct.

97. Council Delays Central Station and Graceland West Votes -

Memphis City Council members delayed approval Tuesday, Nov. 17, of the lease agreement and financing of the Central Station redevelopment project for two weeks. And it also delayed a vote on the Graceland West renovation and expansion.

98. LEDIC’s High-Tech HQ To Be LEED Certified -

LEDIC’s new East Memphis headquarters will aim for a LEED-certified silver status and bring high-speed fiber optic Internet to the area, according to documents recently submitted to the Memphis-Shelby County Economic Development Growth Engine.

99. Hamlet Offers Plan For Global Ministries Foundation's Inner-City Apartments -

Global Ministries Foundation founder Richard Hamlet has a multi-million dollar recapitalization plan to make extensive renovations at three inner-city apartment complexes his company owns.

100. Marriott Becomes World's Largest Hotelier, Buying Starwood -

NEW YORK (AP) — Hotel behemoth Marriott International is becoming even larger, taking over rival chain Starwood in a $12.2 billion deal that will catapult it to become the world's largest hotelier by a wide margin.