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Editorial Results (free)

1. Shelby Farms Draws $142 Million, 71-Acre Development -

Elmington Capital Group has submitted plans for a 71-acre senior housing, apartment and single-family development next to Shelby Farms Park. Dwell at Shelby Farms is a new $142 million development to be located on the north side of Raleigh-LaGrange Road near the intersections of Trinity and Fischer Steel roads.

2. Shelby County to Overhaul Criminal Justice Center -

201 Poplar Ave.
Memphis, TN 38103

Permit Amount: $17 million

Application Date: October 2017

3. Steele Joins Southern Growth Studio’s Anthropology Team -

April Steele has joined Southern Growth Studio as a business anthropologist, responsible for collecting and analyzing data to evaluate existing and potential products and services. Steele’s hire comes as the Memphis-based innovation consulting firm grows its applied anthropology practice. Using qualitative social research methods like ethnography, the anthropology team steers the innovation process, conducting primary research to distill and communicate key insights to clients.

4. Council to Weigh Statues, Funding Projects -

Memphis City Council members have a busy agenda Tuesday, Sept. 5: continued discussion regarding bypassing a Tennessee Historical Commission waiver process to remove Confederate monuments and a recently enacted ban on sewer connections to properties outside the city limits.

5. Wonder Bread Garage Gets OK From Parking Authority -

The Downtown Parking Authority has given its approval to the 481-space parking garage connected to the $73 million Wonder Bread redevelopment, paving the way for developers PGK Properties to seek final approval from the Memphis City Council and Shelby County Commission.

6. Stronger Penalties Alone Won’t Solve State’s Opioid Crisis -

Rep. Bryan Terry deals with patients from every demographic caught up in the web of opiates.

Patients have an array of tolerance to opioids, as well, from those currently addicted to those who are recovering addicts. As a result, each patient requires an “individualized” anesthetic based on their background and the procedure or surgery they’re to have, says Terry, a Murfreesboro anesthesiologist.

7. Ken Hause Cooks Up Strategy To Enhance L’Ecole Culinaire -

L'Ecole Culinaire-Memphis has added Ken Hause its campus director. In his new role, Hause is responsible for overseeing operations of the Memphis campus, including ensuring a rich student experience that leads to employment in the culinary field, while enhancing the school’s reputation for educational excellence, compliance and operational performance.

8. JLL Signs Contract in Tennessee Outsourcing Plan -

Real estate giant Jones Lang LaSalle has signed a five-year contract in Republican Gov. Bill Haslam’s plan to privatize property management on the campuses of Tennessee’s public colleges and universities.

9. JLL Signs Contract In Tenn. Outsourcing Plan -

Real estate giant Jones Lang LaSalle has signed a five-year contract in Republican Gov. Bill Haslam’s plan to privatize property management on the campuses of Tennessee’s public colleges and universities.

10. Blight Summit to Mark Progress, Challenges -

When the leaders of the city’s anti-blight effort gather at Clayborn Temple for their second annual summit Wednesday, May 17, on the next block south of the church will be an example of work still to be done.

11. Warren, Tulane Complexes Find Buyer -

The court-appointed receiver in the Memphis federal court case involving Global Ministries Foundation has an offer to buy the Tulane and Warren apartment complexes owned by GMF.

Cleveland, Ohio-based Millenia Housing Development Ltd. has offered the receiver $3 million for both properties, according to court documents and a legal notice in the Tuesday, March 14, edition of The Daily News.

12. View From the Hill: Outsourcing Win More About Turf Than Trends -

As Fall Creek Falls folks celebrate a state decision to postpone park privatization, the question is whether public opposition or failure to follow long-standing state protocol led to the plug-pulling.

13. Fall Creek Falls Park Contract Postponed Indefinitely -

NASHVILLE – The state is putting an indefinite hold on a proposed contract for a private company to redevelop and operate Fall Creek Falls State Park.

The Department of General Services is postponing the request for proposals process from vendors for a contract to oversee construction of a new inn at the park and to run its hospitality services after the $22 million project is complete.

14. View From the Hill: Outsourcing, Rates Worry Park Fans -

Dunlap resident Kathy Gilbert opposes privatization of Fall Creek Falls on a number of fronts.

If a vendor comes in to run the state park, as planned by Gov. Bill Haslam’s administration, she’s worried about the possible loss of jobs or pay and benefits by state employees, the funneling of revenue to private investors and the raising of rates at the state park’s lodge when it’s rebuilt, potentially making it less affordable for families to visit.

15. Harris Visits With Park Employees on State Outsourcing Plan -

NASHVILLE – State Sen. Lee Harris, D-Memphis, and Rep. John Ray Clemmons, D-Nashville, met with Fall Creek Falls State Park employees Friday, Jan. 20, for a town hall discussion on the governor’s proposal to outsource state assets to private companies and potentially eliminate state jobs.

16. Ethics Experts: Trump Invites Trouble If He Keeps Businesses -

NEW YORK (AP) – Donald Trump says he will step away from managing his business empire while he's in office – but he's not going to sell it off. If he follows through, he will shatter a presidential precedent on conflicts, and ethics experts say he will open the door to investigations and lawsuits that could hobble his administration.

17. Outsourcing: Savings, But No Specifics -

The Haslam administration is forging ahead with plans to nab a statewide facilities services contractor after an outside analysis backed up a study showing estimated cost savings of more than $35 million a year at Tennessee universities.

18. Real Estate Awakening -

The year’s biggest office deal didn’t affect Memphis’ office absorption at all, but everyone in real estate has felt its reverberations.

When ServiceMaster Global Holdings announced its move to the shuttered Peabody Place Mall from Ridge Lake office park, it promised new life for a 328,000-square-foot black hole in Downtown’s retail market.

19. Big River -

Jim Jackson had it planned. At the third annual Arkansas Delta Flatlander bicycle ride, the 100-kilometer bike ride would become what it was intended to be – a ride across the Mississippi River from West Memphis to Memphis across the northern side of the Harahan Bridge.

20. Gauging the Feasibility of Historic Museum -

As I watched the grand opening of the National Museum of African American History and Culture on television, I was filled with excitement and emotion. I was excited about this historic moment and what it means for the African-American community and the nation.

21. HUD Serves GMF With Search Warrants -

Agents with the Inspector General’s office of the federal Department of Housing and Urban Development served search warrants Wednesday, Aug. 3, at the Memphis offices of Global Ministries Foundation and showed up at GMF-owned apartment complexes in Indianapolis, Ind., and the offices of the Gill Group, a real estate company in Dexter, Mo.

22. Land Bridge Project Could Transform Entire University of Memphis Area -

The official planning phase has begun for the much anticipated $33 million University of Memphis land bridge, which will safely connect two sides of the university that are currently split by the Norfolk Southern railroad tracks and Southern Avenue.

23. Frayser Targeted as Pilot Area for Citywide Fight Against Blight -

Last week, a wrecking team demolished a single-family home in the Washington Heights neighborhood in South Memphis. The effort, organized by United Housing Inc. and backed by the U.S. Department of Treasury, was the first of its kind to take place.

24. Nordstrom Rack-Anchored Center Gets $15.5M Construction -

4572 Poplar Ave.
Memphis, TN 38117

Permit Amount: $10.5 million

Project Cost: $15.5 million

Completion: Fall 2017

25. MSCAA Reorganizes, Makes Staff Promotion -

The Memphis-Shelby County Airport Authority has promoted Angela Washington to director of properties.

26. Fair Oaks Superintendent Earns Top State Honor -

Nathan Sullivan, superintendent of Fair Oaks Golf Club in Oakland, Tenn., has received the 2015 Public Golf Course of the Year Award from the Tennessee Turfgrass Association (TTA).

27. Fair Oaks Superintendent Earns Top State Honor -

Nathan Sullivan, superintendent of Fair Oaks Golf Club in Oakland, Tenn., has received the 2015 Public Golf Course of the Year Award from the Tennessee Turfgrass Association (TTA).

28. Local Robotics Teams Compete in Little Rock -

Four local robotics teams – Collierville High School’s Dragons, Memphis Business Academy’s MBA Execs, Mitchell High’s Tigerbots and White Station High’s SpartaBot – are in Little Rock, defending their towers against robot invaders.

29. Green Sword -

First it was a rumor – there would be a move by the Memphis City Council aimed at putting a quick end to the long-simmering Overton Park Greensward controversy.

It would come quickly and just before the start of the third spring of protests against the Memphis Zoo's use of the northern part of the Greensward for overflow parking.

30. Last Word: Election Day, Luttrell Makes It Six, And About "Executive Sessions" -

Can You Feel It? Tuesday is election day in Memphis and across the state in this presidential election year. And all indications are the turnout locally should be above the 24 percent mark we’ve been at in the last two presidential election years.

31. I-Team Veteran Takes Reins Of Innovate Memphis -

Two years ago, when Justin Entzminger found a job that combined his background in entrepreneurship with his dedication to the public realm, he jumped at the chance to join the Mayor’s Innovation Delivery Team.

32. The Week Ahead: Feb. 12, 2016 -

How was your weekend, Memphis? Here’s our weekly rundown of local happenings you need to know about, from circus clowns to Republican senators…

Both U.S. Senators representing Tennessee will be in Memphis Saturday for the Shelby County Republican Party’s annual Lincoln Day Gala, historically the local party’s largest annual fundraising event.
Sen. Bob Corker is the keynote speaker with Sen. Lamar Alexander as a special guest.
The Lincoln Day gatherings are county-by-county events across the state that can extend far beyond the shadow of Presidents Day: A few of the Lincoln Day dinners have been known to find a place on the calendar in April.
This is the 41st Lincoln Day event in Shelby County, which puts the local event’s origins squarely in the aftermath of the Watergate scandal, a low-point for Republican fortunes nationally after the state’s modern Republican party was formed and prospered in the late 1960s and early 1970s.
The event always comes with a large helping of local candidates testing the political waters among the dinner tables between podium speeches.
This year, the Shelby County event is sure to feature partisans from the various Republican presidential campaigns because of its place on the February calendar during the early voting period before the March 1 election day.

33. 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.

34. 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…

35. 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.

36. 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.

37. 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.

38. 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.

39. Tennessee’s Landlords Find Hidden Costs of Privatization -

Murfreesboro businessman Tom Hyde felt the sting of Tennessee’s privatization practices two years ago when a representative of Jones Lang Lasalle notified him he would have to pay the company a commission as part of his next lease agreement.

40. New Owner to Revive Long-Vacant Downtown Block -

A group of private investors – led by Memphis businessman Michael Cook – is looking to turn a blighted Downtown block into a mixed-use development with covered parking.

Walk-Off Properties LLC bought the nine-story Hickman Building and its accompanying two-story parking garage on Sept. 30 for $1 million. The building, at 240 Madison Ave., sits across from the Fogelman Downtown YMCA.

41. Single-Family Home Rentals Strong in Memphis -

When New York-based Cerberus Capital Management closed Aug. 31 on its $440 million acquisition of 4,200 rental homes in five states – including 1,032 in Shelby County – it demonstrated a trend in local real estate.

42. Memphis College of Art Set to Exit Downtown Memphis -

The Memphis College of Art appears set to move its graduate programs away from Downtown and back to its Overton Park campus.

The college’s graduate art education and master’s programs are currently housed in the Nesin Graduate School at 477 S. Main St. College president Ron Jones said that as a result of a “large-scale institutional review” over the past year that included the graduate programs, the college became convinced the graduate student experience would “vastly improve” by shifting things back to the main campus.

43. Graceland Hotel Developers File $84 Million Construction Loan -

3600 Elvis Presley Blvd.
Memphis, TN 38116
Loan Amount: $84 million

44. What's in a Hotel Name? Guests Try to Decipher the Mystery -

NEW YORK (AP) – Today's traveler faces a bewildering choice of hotel brands with similar-sounding and confusing names. Want to stay at a Hyatt? Take your pick. There's Hyatt Regency, Park Hyatt, Grand Hyatt, Hyatt House, Hyatt Place and, coming soon, Hyatt Centric.

45. Daily News Names Managing Editor -

Jane A. Donahoe has joined The Daily News Publishing Co. as managing editor. In her new role, she oversees award-winning coverage of business and government news for both The Daily News and The Memphis News.

46. ‘Government’s Too Big and People are Sick of It’ -

Knox County Mayor Tim Burchett is an enigma of the modern civil servant, a career politician who doesn’t seem to take himself too seriously. He thinks he’s paid too much (his salary is state mandated) and brings it up often in interviews with the media.

47. East Memphis Hotel Sells for $12.9 Million -

An East Memphis hotel near Saint Francis Hospital has sold for $12.9 million.

BRE Amerisuites Properties LLC sold the Hyatt Place hotel at 1220 Primacy Parkway to SREF3 AH Chicago LLC, according to a Nov. 19 warranty deed.

48. East Memphis Hotel Sells for $12.9 Million -

An East Memphis hotel near Saint Francis Hospital has sold for $12.9 million.

BRE Amerisuites Properties LLC sold the Hyatt Place hotel at 1220 Primacy Parkway to SREF3 AH Chicago LLC, according to a Nov. 19 warranty deed.

49. CWCapital Sheds Willow Lake Buildings -

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

50. Events -

Tennessee Department of Environment and Conservation will hold a presentation and public hearing on the 2015-2025 Solid Waste and Materials Management Plan Monday, Oct. 27, from 1:30 p.m. to 3:30 p.m. in the Benjamin L. Hooks Central Library meeting room A, 3030 Poplar Ave. Visit tn.gov/environment/solid-waste to review the draft plan.

51. Health Choice Selects Abisch to Lead Population Health Services -

Ellen Abisch has joined Health Choice LLC as senior director of population health services. In the newly created position, Abisch will be responsible for designing, implementing and managing population health and wellness programs for the Health Choice network.
Prior to joining the physician hospital organization, she served as manager of benefits and wellness for ServiceMaster.

52. Park Progress -

Shelby Farms Park has always seemed, in a way, like Memphis’ 4,500-acre backyard.

Venture to the park on any given day, and what’s liable to greet you is a cross section of Memphis that presents itself amid the park’s rolling hills, pastures, trails and lakes.

53. Kitsinger Continues Downtown Work With The Development Studio -

As an architect and planner, Andy Kitsinger worked on large projects whose scale immediately changed areas, even as they were being built.

And he’s also worked on developments and projects that are smaller – sometimes part of the ripple effect of larger projects, but no less important or influential.

54. City Blight Effort Faulted in Audit -

Memphis Mayor A C Wharton Jr. came up with the anti-blight initiative 25 Square specifically to attack overgrown lots in a systematic and targeted approach.

But the city’s internal auditors concluded in a report released this week that city leaders of the “grass mitigation” program didn’t use a “targeted approach” at all.

55. City Sprouts -

The vacant homes and lots on Jennette Place near Walker Avenue and Mississippi Boulevard in South Memphis began germinating like an urban form of kudzu. They appeared like an invasive species in this proud neighborhood, spreading quickly, choking the life from viable properties and growing into a scourge that at one point seemed impossible to eradicate.

56. Council Hears More on Police and Fire Budget Decisions -

Memphis City Council member got deeper Tuesday, Feb. 4, into the specifics of Memphis Police and Fire Department budget decisions.

But they didn’t get a clearer picture of what the direction forward will be as they and Memphis Mayor A C Wharton Jr. prepare to make some hard decisions about public safety in dealing with the city’s unfunded pension liability.

57. Council to Get Updates on City Expense Cuts -

Memphis City Council members get a closer look Tuesday, Jan. 21, at some ways the city can reallocate $80 million over the next five fiscal years to begin paying $100 million annually toward an unfunded pension liability the city estimates is at $709 million.

58. Council to Get Updates on City Expense Cuts -

Memphis City Council members get a closer look Tuesday, Jan. 21, at some ways the city can reallocate $80 million over the next five fiscal years to begin paying $100 million annually toward an unfunded pension liability the city estimates is at $709 million.

59. Shankman-Cohn to Lead Interior Design Coalition -

Leslie Shankman-Cohn has been elected the 2014 president of the Tennessee Interior Design Coalition, a statewide coalition committed, through legislative and regulatory endeavors, to enhance and protect the right to practice interior design. Shankman-Cohn is a partner in Jill Hertz Interior Design, a division of Eclectic Interiors. She specializes in custom-designed furniture, space planning, furnishings and finishes specifications, universal design, Aging in Style and sustainable design issues.

60. Square Roots -

Breakaway Running owner Barry Roberson was blown away by the crowds who visited his new Overton Square store, which opened Oct. 30.

61. French Quarter Deal Collapses -

A Texas-based group had inked a deal to purchase the long-vacant French Quarter Suites Hotel near Overton Square, but the proposed sale fell through the cracks.

Austin, Texas-based ASC Management had until Oct. 31 to close on the purchase of the 105-room inn at the northeast corner of Madison Avenue and Cooper Street but did not complete the sale.

62. French Quarter Suites Deal Hangs in Balance -

A planned deal to redevelop the long-vacant French Quarter Suites Hotel near Overton Square is nearing a critical deadline.

Austin, Texas-based ASC Management has until Oct. 31 to close on the purchase of the 105-room inn at the northeast corner of Madison Avenue and Cooper Street but has not yet done so, according to one of the property’s current owners.

63. French Quarter Deal Hangs in Balance -

A planned deal to redevelop the long-vacant French Quarter Suites Hotel near Overton Square is nearing a critical deadline.

Austin, Texas-based ASC Management has until Oct. 31 to close on the purchase of the 105-room inn at the northeast corner of Madison and Cooper Avenues but has not yet done so, according to one of the property’s current owners.

64. Chasing Growth -

The pressure to show investors growth and a return is one of the most basic realities of operating as a public company.

And the three Memphis-based companies on this year’s Fortune 500 list are pressing forward on their own distinct paths toward satisfying that pressure.

65. Overton Square Gets New Signage, Website -

Loeb Properties Inc. is introducing a new branding campaign for Overton Square that pays tribute to the district’s storied past while including a more modern approach.

66. Overton Square Gets New Signage, Website -

Loeb Properties Inc. is introducing a new branding campaign for Overton Square that pays tribute to the district’s storied past while including a more modern approach.

67. Overton Square Garage Opens -

Visitors to Overton Square know that parking has been at a premium recently, with side streets around the entertainment district filling up as quickly as the restaurants and shops there.

Parking at Overton Square should get much easier with the opening of its 451-space parking garage at the northeast corner of Monroe Avenue and Florence Street. The city-owned garage opened this weekend, and parking is free for the rest of October.

68. Aerotropolis Manager Bowman Completes Delta Leadership Program -

Chad Bowman, aerotropolis project manager for the Memphis and Shelby County Division of Planning and Development, has graduated from the Delta Leadership Institute Executive Academy, a yearlong Delta Regional Authority program designed to foster collaborative initiatives across the Delta region.

69. James Lee House Owner Files Construction Loan -

690 Adams Ave.
Memphis, TN 38105
Loan Amount: $1 million

Loan Date: June 4, 2013

Maturity Date: June 4, 2019

70. Virginia Company Buys Poplar Avenue Retail Property -

7665 Poplar Ave. Germantown, TN 38138

Sale Amount: $2.9 million

Sale Date: April 19, 2013

71. Kroger Plans $100 Million Overhaul of Stores -

The footprint of the city’s dominant grocery store will undergo a facelift worth tens of millions of dollars over the next five years.

Kroger’s Memphis-based Delta Division, which operates 115 Kroger grocery stores and 70 fuel centers in five states, is pumping $100 million into its portfolio.

72. Cypress Realty Pays $1.7 Million for Office Condos -

Memphis-based realty investment fund Cypress Realty Holdings has paid $1.7 million for a trio of office condominiums at 717 White Station Road.

73. Beale District Future Mapped Out in Report -

Whatever comes next for the Beale Street entertainment district, the city of Memphis isn’t likely to turn over the three blocks of real estate for several decades to a developer and the nonprofit middleman, Beale Street Development Corp.

74. Hagan Named President of Memphis Heritage Board -

Joey Hagan, principal of Architecture Inc., has been named the 2013-2014 board president for Memphis Heritage Inc. after being nominated and elected by the previous board. Hagan’s primary responsibilities as one of two principals at Architecture Inc. include running the organization, marketing, design and project management. As MHI president, he will strive to continue to make preservation of important properties a priority for Memphians.

75. Making an Impression -

The firm redeveloping Overton Square considers its task at hand to be playing to its Midtown audience – not only in building construction, but also in incorporating art.

Loeb Properties Inc. is investing more than $20 million to revive the once-booming arts and entertainment district of the 1970s and 1980s. That includes adding new tenants to expand Overton Square’s footprint, redesigning existing structures and building new ones, and implementing a dozen or so multimedia art projects throughout.

76. Green Line Marketing Doubles Office -

Green Line Marketing Group has outgrown its East Memphis office space due to its expanded staff and client roster.

The boutique agency has signed a 2,000-square-foot lease in Racquet Club Plaza, where it will relocate from its three 350-square-foot executive suites in Clark Tower by the end of the month.

77. Council Votes on Sales Tax Referendum -

Memphis City Council members take the first step toward a fall referendum on a citywide half percent sales tax hike Tuesday, Feb. 4, as they vote on the first of three readings of the referendum ordinance.

78. Gowen Named Marketing Head at Renshaw Property Management -

Kellyn Gowen has joined Renshaw Property Management as marketing coordinator. In her new role, Gowen manages social media, marketing and communications for the company’s 800 Mid-South rental properties, serves as a liaison for property owners and real estate agents, and spearheads marketing efforts for vacant properties.

79. Hillwood Partnership Buys Airways Distribution Center -

Dallas-based Hillwood Investment Properties, in a partnership with Toronto-based Brookfield Asset Management Inc. and the Hillwood-Brookfield Industrial Partners fund, acquired the 556,000-square-foot Airways Distribution Center Building D in the DeSoto County submarket.

80. Luttrell Preparing for County Tax Hike -

A county property tax hike is probably on the way, according to Shelby County Mayor Mark Luttrell.

81. Fairway Manor to Rise in Westwood -

An $8.5 million public housing project called Fairway Manor soon will break ground in Westwood’s 38109 ZIP code.

The facility at 12 W. Fairway Ave. will include a three-story senior living space and a seven-building townhouse apartment complex with clubhouse. The 110,000-square-foot project will contain 96 units between the two properties.

82. Capital Influx -

Capital is finally being set free in the Memphis industrial market, with opportunities on both the buy and sale side of investment deals.

Nearly $200 million has been spent since June, as public and private institutional buyers alike make large plays.

83. Bar Louie Signs Deal at Overton Square -

Bar Louie, an Addison, Texas-based neighborhood restaurant and bar franchise, is the latest retail tenant that has signed on for Overton Square.

Bar Louie will occupy 5,650 square feet of the curved building at 2125 Madison Ave., on the southwest corner of Madison and Cooper Street. The store will be Bar Louie’s 11th franchised location and will be operated by Tony De Salvo and partners.

84. Loeb Inks Overton Square Deal With Bar Louie -

Bar Louie, an Addison, Texas-based neighborhood restaurant and bar franchise, is the latest retail tenant that has signed on for Overton Square.

Bar Louie will occupy 5,650 square feet of the curved building at 2125 Madison Ave., on the southwest corner of Madison and Cooper Street. The store will be Bar Louie’s 11th franchised location and will be operated by Tony De Salvo and partners.

85. Poag, N.Y. Investor Buy The Avenue -

The Avenue Collierville – the largest lifestyle center in the Memphis metropolitan area at Houston Levee Road and Bill Morris Parkway – has been bought by an affiliate of Memphis-based Poag Lifestyle Centers.

86. Poag, N.Y. Investor Buy The Avenue -

The Avenue Collierville – the largest lifestyle center in the Memphis metropolitan area at Houston Levee Road and Bill Morris Parkway – has been bought by an affiliate of Memphis-based Poag Lifestyle Centers.

87. Room Service -

The good news for the local hotel industry is that last year notched the most rooms ever sold on a daily basis with 4.8 million – 115,628 more than 2010 and 76,780 more than the previous high set in 2007.

88. French Quarter’s New Owners Meet With Residents -

Two new local owners are under contract to buy and convert the former French Quarter Suites Hotel in Midtown’s Overton Square district to a Comfort Suites in a $6 million project.

At a public meeting Wednesday, Feb. 1, at Memphis Heritage Inc.’s office, 2282 Madison Ave., partners Jay Kumar and Rishi Chopra revealed plans to purchase the vacant 103-room hotel at 2144 Madison Ave., at the northeast corner of Cooper Street and Madison from FQI LLC for $2.3 million and pump about $3.7 million into renovations.

89. Former French Quarter Hotel to Become Comfort Suites -

Two new local owners are under contract to convert the former French Quarter Suites Hotel in Midtown’s Overton Square district to a Comfort Suites in a $6 million project.

At a public meeting Wednesday, Feb. 1, at Memphis Heritage, 2282 Madison Ave., partners Jay Kumar and Rishi Chopra revealed their plans to purchase the vacant 103-room hotel at the northeast corner of Cooper Street and Madison Avenue from FQI LLC for $2.3 million and pump about $3.7 million into renovations.

90. Education Realty Trust Rebrands, Promotes Key Execs -

Memphis-based Education Realty Trust Inc. has had a busy few months, ending fourth-quarter 2011 with several new properties in hand and starting 2012 by turning over a new leaf entirely – to be more specific, a new name, a new logo, new positions for several key executives and a $28 million acquisition.

91. Ex-NFL Players Blame League for Brain Injuries -

ATLANTA (AP) – Jamal Lewis, Dorsey Levens and two other former NFL players have sued the league over brain injuries that they say left them struggling with medical problems years after their playing days ended.

92. Thomison Joins PGM/Trumbull -

Dr. John Thomison has joined Pathology Group of the Mid-South/Trumbull Labs LLC.

Hometown: Nashville

93. Overton Square Votes Dominate Meeting -

The Memphis City Council votes Tuesday, Dec. 20, on the redevelopment of Overton Square. At its last meeting of the year, the council will vote on a planned development for the south side of Madison Avenue at Cooper Street to be redeveloped by Loeb Properties Inc. The development includes a parking garage.

94. Depot Biz Park Changes Direction -

From Army supply base to base of operations, the new owners of the Memphis Depot Business Park hope to position their revitalized 260-acre site in South Memphis on real estate brokers’ radar screen as a solution for industrial needs.

95. Three-in-One -

Highwoods Properties Inc. is about two weeks away from completing more than $1 million in parking lot renovations and building improvements at the East Memphis office complex Triad Centre, bringing its three developments into a cohesive, campus-style environment.

96. Daily News Seminar to Focus on Green Issues -

In business these days, it’s all about the green. From economic development to real estate construction, public and private initiatives focusing on sustainability are reshaping the way business is conducted.

97. Obsidian PR Preps For South Main Move -

Obsidian Public Relations is relocating less than a mile from its current office, in efforts to establish a presence in the South Main Historic Arts District by having its own creative space that will allow plenty of room for growth.

98. Turley Joins Red Door As Director of Client Relations -

Gretchen Gassner Turley has joined Red Door Wealth Management as director of client relations, a newly created position.

Hometown: Memphis

Education: Bachelor of Arts in psychology, Rhodes College

99. Summit Touts Return of Demand -

“Demand is back” was the theme at the ninth annual Southern Lodging Summit held Downtown this week at The Peabody hotel and the Memphis Cook Convention Center.

Hoteliers and industry execs gathered for the 2011 Summit, which was organized by the Metropolitan Memphis Hotel & Lodging Association and hotel consulting firm Pinkowski & Co.

100. Nike Adds 400K Square Feet To Local Portfolio -

The world’s largest maker of athletic gear has signed a lease in Memphis’ Southeast industrial submarket to handle its newly acquired NFL contract.

Nike Inc. inked a 400,000-square-foot warehouse lease in Centerpointe Distribution Center No. 1, 3461 E. Raines Road. Built in 1994, the property, owned by San Francisco-based Prologis Inc., features 38 dock doors and an 11,687-square-foot office space component.