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Editorial Results (free)

1. Faropoint, Belz Sell of Part of Retail Portfolio -

7501 Goodman Road, Olive Branch, MS 38654 and 7685 Hacks Cross Road, Olive Branch, MS 38654:  Faropoint Ventures continues to remain active in the Greater Memphis Area with the sale of two Olive Branch retail centers for a combined $9.24 million.

2. Three Projects Get Green Light from EDGE Board -

The Economic Development Growth Engine for Memphis and Shelby County approved a trio of projects that could create as many as 255 new jobs and retain nearly 300 more during a busy Wednesday, May 16, agenda. 

3. Last Word: Mimeo Move, Food Fight and Sundquist for Blackburn -

There aren’t any renderings just yet of what a second convention center hotel with the 100 North Main Building as its centerpiece would look like. That’s probably a good thing for now because some of the specs and the footprint are still in flux. The developers of the proposed convention center hotel said as the weekend began that they plan a 600 room hotel and a complex that includes two 30-story towers in addition to the 37-story tall 100 North Main Building – the tallest building in the city. And the foot print will likely jump Second Street to take in the vacant Jefferson Plaza building. Here is the update and some perspective on how we got to this point.

4. Sitting It Out -

An oil change concept growing like wildfire over the past couple of years will enter the Memphis-area market in Germantown in the next two to three months. Louisiana-based Take 5 Oil Change was acquired by Charlotte, North Carolina-based Driven Brands two years ago and subsequently started to grow its footprint throughout the Southeast, increasing from 60 locations to roughly 300 from Texas through Virginia.

5. The Week Ahead: April 23-29 -

Good morning, Memphis. There’s no better way to start off your week than hearing the beautiful sounds of a world famous boys’ choir from London inside a historic Memphis church Downtown. And the concert is free!

6. Events -

Circuit Playhouse will present the regional premiere of “Stupid F#!&ing Bird” Friday, April 20, through May 13 at 51 S. Cooper St. Visit playhouseonthesquare.org for times and tickets.

7. Amanda Dunham Talks Changes At East Memphis’ Grove Grill -

Twenty years after The Grove Grill opened in Laurelwood Shopping Center, the restaurant is reinventing itself with modernized decor and the recently launched Third Thursday monthly tasting series. Helping drive the changes are chef Chip Dunham – the son of Grove Grill owners Jeff and Tracey Dunham – and his wife, beverage director Amanda Dunham, who both joined the restaurant after moving to Memphis last July.

8. Council Gets First Look At MATA Route Changes -

A task force looking to overhaul the city’s bus system presents a draft report Tuesday, April 10, to Memphis City Council members.

The Memphis 3.0 transit plan goes to the council at a 1 p.m. committee session for discussion.

9. Events -

Hattiloo Theatre and The Orpheum Theatre will present “The Mountaintop” Wednesday through Sunday, March 28-April 1, at the Orpheum, 203 S. Main St. Written by playwright Katori Hall, “The Mountaintop” is a fictional depiction of Dr. Martin Luther King Jr.’s last night, set entirely in room 306 of the Lorraine Motel on the eve of his assassination in 1968. Tickets start at $35. Visit orpheum-memphis.com.

10. The Week Ahead: March 26-April 1 -

Happy Easter Week, Memphis! The anniversary of an event at the Lorraine Motel that forever changed the civil rights movement and the world is quickly approaching. Events preceding the 50th anniversary of Dr. Martin Luther King Jr.’s assassination April 4 are gearing up around town. Details on some of those and other Memphis happenings are below.

11. Pinnacle Continues to Ramp up Memphis Presence -

Pinnacle Bank is continuing to accelerate its growth in the Memphis banking market, with the opening in recent days of two new loan production offices, a new mortgage office, plus another mortgage office on the way soon in Southaven.

12. Events -

The Overton Park Conservancy will host a Park Fun Day and Science Fair Sunday, March 25, from 10 a.m. to 1 p.m. in Overton Park’s East Parkway Pavilion. Events include a science fair with research partners from the University of Memphis, Rhodes College and Christian Brothers University; an 11:30 a.m. mini-BioBlitz, a tour of the Old Forest with conservancy staff to record as many species as possible; the finals of the International Society of Arboriculture Southern Chapter's tree-climbing contest; and games and food trucks. Cost is free. Visit overtonpark.org.

13. Digest -

Memphis Grizzlies Suffer 15th Consecutive Loss

The Grizzlies lost their 15th straight game, 119-110 at Chicago, on Wednesday, March 7.

The team has not won since defeating the Phoenix Suns at FedExForum on Jan. 29.

14. The Week Ahead: March 5-11, 2018 -

Good morning, Memphis! Daylight Saving Time is just around the corner, but you don’t have to sit around waiting to “spring forward” next Sunday. From defying gravity at “Wicked” to creating a ChalkFest masterpiece, here’s our list of things to do in The Week Ahead....

15. Lake District, Raleigh Springs Town Center Moving Forward with Transformative Projects -

3536 Canada Road
Lakeland, TN 38002

Tenant: The Stock Market

Landlord: Gilad Development

16. Lake District Announces First Tenant -

It was a symbolic day for Lakeland. On the same day that the last piece of the old Lakeland Factory Outlet Mall was torn down, the city’s 160-plus-acre mixed-use Lake District project celebrated another milestone – its first tenant.

17. Pre-K Expansion Faces Resistance in Push for Sunday Wine Sales -

NASHVILLE – Legislation sending revenue from Sunday wine sales to prekindergarten expansion faces a battle on several fronts when it reaches a committee in early March.

The bill sponsored by state Sen. Lee Harris is designed to take the state tax dollars from the sale of wine on Sundays, if that separate bill passes this session, and divert it to a fund designed to increase access for low-income children to prekindergarten classrooms in Tennessee. The bill is set to be heard March 6 in the Senate State and Local Government Committee.

18. Sweet Spot -

They nearly gave up, almost put away their pastry bags, their icing pens, their cake molds and shut down operations at home. Short of funds, the family’s prospects looked grim. “It started out really slow,” said Bill Kloos, who was a chef at the time, helping his parents rustle up clients. “There was no capital. No money. They came close to giving up a lot of times.”

19. 100 N. Main Owners Buy Additional Property -

80, 86, 88 N. Main St., Memphis, TN 38103: Less than a month after the 100 North Main Building was effectively reclaimed by the lender at a foreclosure auction, New York-based real estate firm Townhouse Management Co. affiliate THM Memphis Acquisitions LLC has purchased adjacent parcels.

20. Hotel Indigo, Trader Joe’s Move Ahead -

22 N B.B. King Blvd., Memphis, TN 38103: Atlanta-based Three P Partners has filed a $5 million building permit application with the Office of Construction Code Enforcement to construct a 118-room Hotel Indigo at the corner of North B.B. King Boulevard and Court Avenue.

21. New Pizza Place Coming To Crosstown Concourse -

Two local restaurateurs are looking to carve out their own slice of the Crosstown Concourse.

Elemento’s Neapolitan Pizza, founded by Adrian Accury and Justin Dorah, will soon begin construction on a new location at 1350 Concourse Ave., according to a $350,000 building permit application filed with the Office of Construction Code Enforcement on Monday, Jan. 29.

22. Pizza, Donuts and Pinnacle Planned For Midtown -

1350 Concourse Ave., Memphis, TN 38104: Two local restaurateurs are looking to carve out their own slice of the Crosstown Concourse with the opening of Elemento’s Neapolitan Pizza.

23. Digest -

Memphis Toys R Us

To Remain Open

A representative with Toys R Us has confirmed to The Daily News that the retailer’s Memphis location, at 7676 Polo Ground Blvd., won’t close after all.

24. Events -

The Broad Avenue Arts District hosts First Friday: Sweet Street, a special night to shop and sample sweets, on Friday, Feb. 2, from 5 p.m. to 8 p.m. Pick up a $5 punch card from any participating shop, enjoy sweet treats while shopping at each store, then drop the punch card into a drawing for a basket of Broad Avenue goodies. Visit broadavearts.com for details.

25. New Pizza Place Coming To Crosstown Concourse -

Two local restaurateurs are looking to carve out their own slice of the Crosstown Concourse.

Elemento’s Neapolitan Pizza, founded by Adrian Accury and Justin Dorah, will soon begin construction on a new location at 1350 Concourse Ave., according to a $350,000 building permit application filed with the Office of Construction Code Enforcement on Monday, Jan. 29.

26. New Pizza Place Coming to Crosstown Concourse -

Two local restaurateurs are looking to carve out their own slice of the Crosstown Concourse.

Elemento’s Neapolitan Pizza, founded by Adrian Accury and Justin Dorah, will soon begin construction on a new location at 1350 Concourse Ave., according to a $350,000 building permit application filed with the Office of Construction Code Enforcement on Monday, Jan. 29.

27. Events -

The Arc Mid-South will host a self-advocacy brunch and discussion forum for individuals with disabilities Friday, Jan. 26, from 10 a.m. to noon at the Benjamin L. Hooks Public Library, 3030 Poplar Ave., meeting room C. Several local individuals with disabilities will discuss how they overcame obstacles and affected policy issues by engaging in public advocacy. Admission is free. Visit thearcmidsouth.org.

28. Downtown Office Tower Reclaimed at Auction; Lafayette's to Expand -

100 N. Main St.

Memphis, TN 38103

Sale Amount: $1 million

Sale Date: Jan. 11, 2018

Buyer: THM Memphis Acquisitions

29. Downtown Office Tower Reclaimed at Auction; Lafayette's to Expand -

100 N. Main St.

Memphis, TN 38103

Sale Amount: $1 million

Sale Date: Jan. 11, 2018

Buyer: THM Memphis Acquisitions

30. 100 North Main Building Reclaimed at Auction; Lafayette’s Expanding -

100 N. Main St.

Memphis, TN 38103

Sale Amount: $1 million

Sale Date: Jan. 11, 2018

Buyer: THM Memphis Acquisitions

31. Lender Reclaims City’s Tallest Building, Lafayette’s Expanding -

100 N. Main St., Memphis, TN 38103 - THM Memphis Acquisitions LLC effectively bought the 100 North Main Building, a 37-story office tower, at a foreclosure auction on the courthouse steps after the property failed to receive any bids. A substitute trustee’s deed for the $1 million transaction was recorded with the Register’s Office Thursday, Jan. 11.

32. This week in Memphis History: Jan. 12-18 -

2008: The campaign of Democratic presidential nominee Barack Obama opens its Memphis headquarters in the Eastgate Shopping Center three weeks before the Feb. 5 Super Tuesday Tennessee presidential primary. Obama and U.S. Sen. Hillary Clinton of New York are competing for the nomination. In the February primary, Clinton will carry Tennessee but Obama will take Shelby County’s base of Democratic primary voters, the largest base of Democrats in a single county in the state.

33. Exit Strategy -

When Kroger’s Delta Division announced last week it would shutter its stores at 1977 S. Third St. in the Southgate shopping center and 2267 Lamar Ave. near Airways Boulevard, there was already a considerable history of what might follow the Feb. 2 closing.

34. Retail Workers Feel Disruption From Shifting Shopper Habits -

NEW YORK (AP) – With new options and conveniences, there's never been a better time for shoppers. As for workers ... well, not always.

The retail industry is being radically reshaped by technology, and nobody feels that disruption more starkly than 16 million American shelf stockers, salespeople, cashiers and others. The shifts are driven, like much in retail, by the Amazon effect – the explosion of online shopping and the related changes in consumer behavior and preferences.

35. Mixed-Use Defines Retail Real Estate in 2017 -

In many ways, the world of retail real estate was tied to the rise of massive mixed-use projects that continued to grow in both scope and popularity in 2017.

Perhaps no other project in Memphis embodies this concept more than Crosstown Concourse, which held its grand opening in August in the former Sears Crosstown building.

36. 2017 a Year of Expansions, New Beginnings in Memphis Arts -

After years of planning, design and construction, Crosstown Arts finally in mid-October moved into its new space on the second floor of Crosstown Concourse.

The move was one of a long string of highlights in 2017, which has been one of the more consequential years in recent memory for arts in the city.

37. Piece by Piece: Construction Projects Flourishing Throughout Mid-South -

With $11 billion spread out among more than 300 active projects in the Memphis area, according to data from brokerage firm Cushman & Wakefield/Commercial Advisors, it’s safe to say business in the region is good.

38. Events -

The St. Jude Memphis Marathon Weekend races take place Saturday, Dec. 2, starting at Second Street and Monroe Avenue. Race registration is closed, but spectators are welcome to bring signs and cheer for runners. Some streets will be closed or have limited traffic access during the race. Visit stjudemarathon.org for a street closure list and other details.

39. Events -

Circuit Playhouse will present “The Santaland Diaries” Friday, Dec. 1, through Dec. 23 at 51 S. Cooper St. Visit playhouseonthesquare.org for times and tickets.

40. Apocalypse Not -

Much has been said about the so-called “Retail Apocalypse,” a frightening term that conjures images of a desolate landscape littered with boarded-up malls and shopping centers representing the death of American capitalism. 

41. 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.

42. Memphis Flexes Its Strengths In Improving Real Estate Market -

The evolution of e-commerce and its transformative effects on the real estate market are not just limited to the retail sector, and while many trends and topics were discussed at The Daily News’ annual Commercial Real Estate Review & Forecast Seminar on Nov. 2, this was one of the overarching themes.

43. Real Estate Market In Focus At Seminar -

The Daily News will host its annual Commercial Real Estate Review & Forecast Seminar on Thursday, Nov. 2, at the Memphis Brooks Museum of Art, 1934 Poplar Ave.

44. Chain Reaction: Memphis Builds on National Restaurant Trend -

Morgan Hughes is a 22-year-old college student who regularly spends more than $100 a week going out to eat. Sometimes it’s a trip to Sonic, other times it’s a meal at Next Door in Crosstown Concourse, still other times it’s food from the restaurant where she works, Hog & Hominy.

45. Clicking on All Cylinders -

Memphis is a city on the precipice of change as projects that were once deemed impossible – like ServiceMaster’s Downtown headquarters or Crosstown Concourse – have emboldened developers and city officials to shoot for the moon.

46. Effects Of E-commerce, Amazon Among Seminar Topics -

The growth of e-commerce has been one of the most transformative trends in real estate over the past few years and Memphis’ unique geography has it poised to reap the benefits.

While the more traditional industrial projects like Amazon’s proposed 615,440-square-foot receiving center at 3292 Holmes Road or DHL’s planned 580,000-square-foot distribution facility less than a mile to the south come to mind, the ripple effects of this can be felt in other areas as well, such as in typical brick-and-mortar retail operations.

47. Republican Contenders for Governor Acknowledge Memphis Differences -

The red Farmall tractor that Republican contender for governor Bill Lee drove through 30 counties in a 758-mile journey from Mountain City to Memphis at 24 mph was pretty comfortable as tractors with cabs go.

48. Seminar To Feature ULI Emerging Trends Report -

For the second straight year, ULI Memphis is partnering with The Daily News to present its 2018 Emerging Trends Report on Thursday, Nov. 2, at the Memphis Brooks Museum of Art.

The report will immediately precede TDN’s Commercial Real Estate Review & Forecast Seminar, where a panel of local real estate experts will discuss how these trends will affect the Memphis area.

49. Outdoors Retailer REI Plans First Memphis Store -

In this week's Real Estate Recap, outdoors retailer REI eyes Ridgeway Trace for its first local store, Hilton Worldwide prepares to upgrade its Memphis campus, and several proposed Midtown projects seek financial incentives.

50. Outdoors Retailer REI Planning First Memphis Store -

5895 Poplar Ave.
Memphis, TN 38119

Permit Amount: $900,000

Owner: Weingarten Realty

Tenant: REI

Details: Seattle, Washington-based sporting and camping goods retailer REI has filed a $900,000 building permit application for tenant improvement in the former Sports Authority building at 5895 Poplar Ave. in the Ridgeway Trace shopping center.

51. Crosstown Crossroads -

For the past 90 years, Crosstown has seen its share of ups and downs. In the beginning, it was a shining beacon for the city’s eastward expansion; at its height, it anchored several vibrant and diverse neighborhoods; and at its lowest, Crosstown became the poster child for once-great inner-city areas of Memphis that had deteriorated.

52. 100-Year-Old Question -

The Memphis Brooks Museum of Art was already more than 10 years old when Sears, Roebuck & Co. opened its nearby Crosstown store in 1927 and the rest of the neighborhood began to fill in, so it was shock for many Memphians to hear about the possibility of the iconic institution leaving the only home it’s ever known.

53. Germantown Medical Office Sells for $16M -

1325 Wolf Park Drive, Germantown, TN 38138

Sale Amount: $15.9 million

Buyer: Global Medical REIT

54. Memphis Industrial Center Sells for $3.7 Million -

Boston-based real estate investment firm Plymouth Industrial REIT has expanded its local portfolio with the acquisition of a 132,000-square-foot industrial center in southeast Memphis.

In the deal, Plymouth purchased the property from Huntington Industrial Partners for $3.7 million.

55. SE Memphis Industrial Center Sells for $3.7 Million -

Boston-based real estate investment firm Plymouth Industrial REIT has expanded its local portfolio with the acquisition of a 132,000-square-foot industrial center in southeast Memphis.

In the deal, Plymouth purchased the property from Huntington Industrial Partners for $3.7 million.

56. Plymouth REIT Expands Memphis Portfolio -

Boston-based real estate investment firm Plymouth Industrial REIT has expanded its local portfolio with the acquisition of a 132,000-square-foot industrial center in southeast Memphis.

In the deal, Plymouth purchased the property from Huntington Industrial Partners for $3.7 million.

57. Developer: Lake District Project 'Moving Forward' -

Developer Yehuda Netanel said you can’t measure a development by how many bumps in the road it has, but by how many bumps in the road it overcomes, which is a fitting summary of his company's ambitious Lake District project over the last few weeks.

58. Novel Evokes Memories of Davis-Kidd, With a Few Updates -

If you turn your head and squint your eyes just right, you can almost believe that Davis-Kidd Booksellers is back.

That beloved Memphis institution closed in 2011 after more than 25 years in operation. The store was soon renamed the Booksellers at Laurelwood, but while it had the same location and the same employees, it wasn’t quite the same as its predecessor. Then, after barely six years in business, that store also closed down in February, leaving a gaping hole in the city for readers who still liked to visit bookstores.

59. Last Word: The Orange Mound Way, Midtown Apartments and 'I Am A Man' Plaza -

First day of school redux on Tuesday for students in Memphis Catholic Schools and it is a half-day. The first day of classes in most of the county’s other schools Monday went smoothly. Shelby County Schools reports more than 6,000 students registered on the first day of school despite another concerted effort at numerous events to register students in advance. That’s in a school system of approximately 96,000 students.

60. Tax Breaks Broaden For Residential, Retail Deals -

Some changes are coming in the rules surrounding incentives that the Economic Development Growth Engine for Memphis and Shelby County – or EDGE – can use for different kinds of development and for broader use of tax increment financing – or TIF – zones to sustain redevelopment.

61. Last Word: Primary Care, Weirich On Twitter and Tigers Offense -

Shelby County District Attorney General Amy Weirich has been responding by Twitter for the last two days to the New York Times Magazine article about the Noura Jackson case that went up online earlier this week. Using the hashtag “ProCrimeNYTimes,” Weirich @ShelbyCountyDA -- tweeted Wednesday that the long read is “a blatant effort to create sympathy for the defendant while demonizing prosecutors.”

62. HealthChoice Promotes Henning To Director of Population Health -

Sarah Henning has been promoted to director of population health programs at HealthChoice. Henning previously served as manager of the department. In her new role, Henning is responsible for designing, implementing and managing population health and wellness initiatives and programs for the HealthChoice network.
She also collaborates with stakeholders to promote and support these programs and to ensure they meet the needs of the affected populations and adapt with the changing health care environment.

63. Fully Loaded -

It’s almost like the first half of 2017 was a decade in the making, at least when it comes to commercial real estate. Throughout all four major sectors of the Memphis-area commercial real estate market – industrial, office, retail and multifamily – figures are consistently reaching or exceeding pre-recession marks.

64. Binghampton, Frayser Retail Projects Look To Lift Communities -

They say retail is a numbers game, and for some communities, when those numbers don’t add up they can get left behind by developers.

That’s why the Binghampton Gateway and Frayser Gateway – a pair of retail projects in different areas and stages of development – hope to send a message that overlooked communities have more to offer than just numbers.

65. Last Word: ICE Raids, Who's Buying Afton Grove and Malco Powerhouse Plans -

A protest Sunday evening at the Prescott Place Apartments after federal ICE agents – Immigration and Customs Enforcement – took people into custody there and at Emerald Ridge and Corner Park apartments Sunday morning. The group of organizations protesting the federal action – Memphis Coalition of Concerned Citizens, Cosecha and SURJ Memphis -- say Memphis Police assisted in the immigration operation. Memphis Police deny they were involved in any way. No estimate from ICE on how many people were detained.

66. Binghampton, Frayser Retail Projects Could Lift Respective Neighborhoods -

They say retail is a numbers game, and for some communities, when those numbers don’t add up they can get left behind by developers.

That’s why the Binghampton Gateway and Frayser Gateway – a pair of retail projects in different areas and stages of development – hope to send a message that overlooked communities have more to offer than just numbers.

67. Atlanta Retail Investor Makes $29M Purchase -

In this week’s Real Estate Recap, an 18-acre shopping center in the heart of Bartlett sells for $28.8 million, Ulta Beauty prepares to build out its space in Poplar Commons, and Dave & Buster’s continues work on its first Memphis location...

68. Bartlett Shopping Center Sells for Nearly $30M -

An Atlanta-based real estate investment firm has made its first purchase in the Memphis market with the acquisition of a 198,103-square-foot shopping center in the heart of Bartlett.

The Bartlett Towne Centre, located at 6005 Stage Road, was acquired by Branch Properties LLC from Houston-based real estate investment trust Weingarten Realty for $28.8 million.

69. Saturday Night Scenes on Beale Street -

Some observations from three consecutive Saturday nights on Beale Street at and after 10 p.m.

Beale Street just before 10 p.m. is about bubbles. Street vendors selling bubble guns – toy guns that shoot bubbles – do a brisk business before 10. A girl in a stroller watches with wide eyes as her finger is locked on the trigger and bubbles spew forth. By the time she reaches the middle of the block between B.B. King Boulevard and Second Street, the stream of bubbles begins to slow.

70. $18.5 Million Permit Filed for Central Station Project -

In this week’s Real Estate Recap, developers pull an $18 million permit for the Central Station overhaul, another new Downtown hotel is in the works and the new Laurelwood bookstore gets a restaurant...

71. EDGE Gives Frayser Gateway Project Nod -

With all of the new development buzzing around Downtown, Midtown and East Memphis, it could be easy to overlook the addition of a new grocery store, but for some Frayser residents, it could mean everything.

72. Walmart Touts Investment in People, Technology as Advantages -

FAYETTEVILLE, Ark. (AP) – Walmart CEO Doug McMillon touted the company's investments in people and technology, but also said the company may have reached an employment peak and urged employees not to be afraid of automation.

73. Medical District Apartments Sell for $5.2 Million -

A medical district apartment switches hands in a multimillion-dollar deal, a Downtown developer plans an apartment complex near FedExForum, and a California investor buys a local industrial portfolio. Details in this week’s Real Estate Recap...

74. Last Word: Centennial, Hackett Retires -- Sort Of and Baseball Dreams -

Monday marks 100 years since a mob took Ell Persons off a train and to the Macon Road Bridge across the Wolf River and burned him alive. It was the lynching that gave birth to the Memphis Branch NAACP one month later. The national NAACP field office investigator who came to Memphis at great personal peril to investigate Person’s death was none other than James Weldon Johnson, the man who also composed “Lift Every Voice and Sing.”

75. Memphis Retail Brokers Preparing for Largest Event of the Year in Vegas -

This week more than 37,000 retail real estate professionals from 58 countries will gather in Las Vegas for the International Council of Shopping Centers’ annual RECon convention.

At the event, which will run May 21-24, there will be no shortage of representatives from the Bluff City who run the gamut from brokers, developers and landlords looking to attract the next big restaurant, hotel or store, to Memphis-based companies like AutoZone and FedEx Office looking to grow their global footprint.

76. Clark Tower Wraps Up $8 Million Renovation -

Commercial real estate firm Colliers International has announced the owner of Clark Tower, In-Rel Properties, has finished an $8 million renovation of the iconic East Memphis office building. Details on that and other top deals in this week's Real Estate Recap...

77. New Bookstore Called Novel to Open in Laurelwood -

A bookstore is set to return to Laurelwood Shopping Center. An investor group that's picking up where the February closure of The Booksellers at Laurelwood left off has signed a five-year lease for their bookstore, which will be called Novel and is planned to open around Aug. 1.

78. Management Firm Buys Midtown Retail Center -

Absolute Storage Management has purchased a Midtown retail center for a little more than $1 million.

The Memphis-based firm, working under the name ASM Storage Partnership, purchased the building at 376 N. Cleveland St. from Overton Park Commons LLC, according to an April 24 warranty deed filed with the Shelby County Register of Deeds.

79. Memphis Management Firm Buys Midtown Retail Center -

Absolute Storage Management has purchased a Midtown retail center for a little more than $1 million.

The Memphis-based firm, working under the name ASM Storage Partnership, purchased the building at 376 N. Cleveland St. from Overton Park Commons LLC, according to an April 24 warranty deed filed with the Shelby County Register of Deeds.

80. Independent Bookstore Day Celebrates Reading, Small Businesses -

It probably won’t escape many local participants and supporters of Independent Bookstore Day this weekend that the day is as much about the survival of the medium as it is a celebration of it.

81. Shaffer Named Executive Director Of Rebranded BLDG Memphis -

John Paul Shaffer recently was named executive director of BLDG Memphis, the rebranded entity that brings the Community Development Council of Greater Memphis and Livable Mem-phis under a single organizational identity.
In his new role, Shaffer’s job is to guide the organization in its mission of supporting neighborhood revitalization through a network of organizations and individuals working in the community development space – which BLDG Memphis does primarily through organizational capacity building, community education and engagement, and public policy and advocacy – as well as to promote the new brand. 

82. Shops of Wolflake Near Wolfchase Sells for $4.8M -

2965 N. Germantown Parkway
Bartlett, TN 38133 

Sale Amount: $5 million

Sale Date: March 31

Buyer: WFL Retail LLC

83. Shops of Wolflake Sells for $4.8 Million -

A Germantown Parkway shopping center near Wolfchase Galleria has switched hands for nearly $5 million, according to a warranty deed filed with the Shelby County Register of Deeds March 31.

Called the Shops of Wolflake, the Bartlett shopping center is located between St. Francis Hospital-Bartlett and the Wolfchase mall and is anchored by Eat Well Sushi and Grill.

84. Last Word: Lawsons Exit, LaRose Lessons and No Medicaid Expansion This Year -

The Lawson Brothers exit Tigers basketball seeking a release from the University of Memphis. The statement from Dedric and K.J. Lawson was all sweetness and light and apparently about as sincere as one of those interviews where players and coaches declare that if they will just play hard and put more points on the board than the other team then they should win.

85. Shops of Wolflake Near Wolfchase Sold for $4.8M -

A Germantown Parkway shopping center near Wolfchase Galleria has switched hands for nearly $5 million, according to a warranty deed filed with the Shelby County Register of Deeds March 31.

Called the Shops of Wolflake, the Bartlett shopping center is located between St. Francis Hospital-Bartlett and the Wolfchase mall and is anchored by Eat Well Sushi and Grill.

86. Uncovering Beautiful Miami Beach -

When LeBron James joined the Miami Heat in 2010, he made it fashionable for us all to take our talents to South Beach.

All the cool kids go to South Beach. I visited once before when I was 7, just before “Miami Vice” made the city cool while exploring the dark side of what it had become under the stranglehold of the drug trade. 

87. Last Word: Calipari Madness, Wolfchase 20 Years On and The Path Beyond Chemo -

John Calipari returns to Memphis at week’s end after Kentucky advanced Sunday to the NCAA South semifinals at FedExForum Friday. But based on the way his team played Sunday after a close game with Northwestern Saturday he might not be here long.

88. Wolfchase At 20 -

For the shopping mall – that quintessential staple of American retail, the biggest of big boxes, a sprawling, multilevel marvel of commercial magnificence – these are most certainly interesting times.

89. Hickory Hill Home Depot Site Sells for $15 Million -

3469 Riverdale Road
Memphis, TN 38115 

Sale Amount: $15.7 million

Sale Date: March 3, 2017

Buyer: Spirit Realty Capital

90. The Week Ahead: March 7-13 -

Happy Monday, Memphis! Get your taste buds ready: Both Memphis Black Restaurant Week and the inaugural Vintage901 festival are taking place in the coming days. We’ve got details on those, plus plenty of other fun activities and entertainment to check out in The Week Ahead… 

91. CRE Brokers Speculate on Future of Commercial Appeal Headquarters -

When USA Today Network executive and president of The Tennessean newspaper Laura Hollingsworth came into town the day after The Commercial Appeal announced printing operations will be moving to Jackson, Tennessee, she told the staff that while no immediate plans were in place, selling the daily paper’s iconic building was certainly a possibility down the road.

92. Binghampton Gateway Comes to Food Desert -

The groundbreaking of a shopping center doesn’t always attract a large crowd of city officials and TV cameras, but then again not every shopping center is an oasis in the middle of a food desert.

93. Binghampton Gateway Center Spells End for Inner City Food Desert -

The groundbreaking of a shopping center doesn’t always attract a large crowd of city officials and TV cameras, but then again not every shopping center is an oasis in the middle of a food desert.

94. Belz Pulls $1.1M Permit For Plasma Biological Services -

Belz Construction Services LLC has pulled a $1.1 million building permit on behalf of Plasma Biological Services LLC.

The application filed with the city-county Office of Construction Code Enforcement calls for tenant improvements on 19,088 square feet at 3570 S. Mendenhall Road.

95. Belz Pulls $1.1M Permit For Plasma Biological Services -

Belz Construction Services LLC has pulled a $1.1 million building permit on behalf of Plasma Biological Services LLC.

96. Parkside Developers Finish Acquiring Land for Shelby Farms Urban Village -

Developers of Parkside at Shelby Farms, a proposed mixed-use project, took another step forward with the purchase nearly 40 acres of vacant property adjacent to Shelby Farms.

97. Scenarios Emerge to Keep Booksellers at Laurelwood Going -

For sale: One beloved, 32-year-old independent bookstore. Asking price? $800,000. That’s what Booksellers at Laurelwood owner Neil Van Uum says he’d accept to unload the store, days after announcing its impending closure and a liquidation sale that begins on Friday, Jan. 6.

98. Herenton's First New Year's Remarks In A Decade Stir Pot -

It’s been 10 years since Willie Herenton delivered his last New Year’s Prayer Breakfast message – a political homily Herenton made an institution while serving as mayor of Memphis.

99. Midtown Retail Property Sells for $5 Million -

1625 Poplar Avenue

Memphis, TN 38104 

Sale Amount: $5 million

Sale Date: Dec. 21, 2016

100. Trader Joe’s Developer Seeks $2.5M Permit -

2130 Exeter Road, Germantown, TN 38138 • Permit Amount: $2.5 million 

Future Tenant: Trader Joe’s 

Developer: CAP Germantown LLC