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Editorial Results (free)

1. Jan 27-Feb 2, 2017: This week in Memphis history -

1985: The Memphis Showboats of the United States Football league play the New Jersey Generals in Charlotte, N.C., in the preseason opener for the USFL’s second and final season. The Showboats cut Ole Miss star John Fourcade before the exhibition, but Mossy Cade and Leonard Coleman, from the University of Texas and Vanderbilt respectively, have joined the defense. Returning are Reggie White and Walter Lewis.

2. This week in Memphis history: January 30 – February 5 -

2014: Wright Medical Group Inc. closed on its deal to buy Solana Surgical LLC of Memphis and announced a definitive agreement to buy OrthoPro LLC of Salt Lake City. Solana was a $90 million deal and OrthoPro was a $36 million transaction.

3. Stonebridge Crossing Sells for $34.7 Million -

9300 U.S. 64
Lakeland, TN 38002
Sale Amount: $34.7 million

Sale Date: Jan. 5, 2015
Buyer: Lakeland Apartments TN Associates LLC
Seller: MRB Stonebridge LP
Loan Amount: $27.7 million
Loan Date: Dec. 15, 2014
Maturity Date: Feb. 1, 2025
Lender: Walker & Dunlop LLC
Details: An affiliate of a New York-based real estate investment firm has bought the Stonebridge Crossing Apartments in Lakeland for $34.7 million.

4. Phoenix REIT Purchases 2 Walgreens for $11.3 Million -

A Phoenix-based real estate investment trust has acquired two Walgreens stores from the retailer’s parent company.

ARCP WG Memphis TN LLC and ARCP WG Bartlett 5950 Stage Road LLC, both affiliates of Phoenix-based American Realty Capital Properties, acquired the Walgreens stores at 3670 Riverdale Road and 5950 Stage Road in Bartlett from the Walgreen Co. for $11.3 million, according to two Nov. 24 special warranty deeds.

5. Bank of Bartlett Buys Germantown Property -

1870 Kirby Parkway
Germantown, TN 38138
Sale Amount: $4.1 million

Sale Date: Dec. 29, 2014
Buyer: Bank of Bartlett
Seller: Spence Ray
Details: Bank of Bartlett has bought back a site on Kirby Parkway in Germantown for $4.1 million.

6. Phoenix REIT Purchases 2 Walgreens for $11.3 Million -

A Phoenix-based real estate investment trust has acquired two Walgreens stores from the retailer’s parent company.

ARCP WG Memphis TN LLC and ARCP WG Bartlett 5950 Stage Road LLC, both affiliates of Phoenix-based American Realty Capital Properties, acquired the Walgreens stores at 3670 Riverdale Road and 5950 Stage Road in Bartlett from the Walgreen Co. for $11.3 million, according to two Nov. 24 special warranty deeds.

7. $26.3M Permit Filed for Pyramid Hotel -

Bass Pro Shops will soon begin work on a 101-room hotel at The Pyramid.

Mississippi-based W.G. Yates & Sons Construction, the contractor working to transform The Pyramid into a Bass Pro Shops destination center, was recently issued a $26.3 million permit for the project's Big Cedar Lodge hotel, including rooms, meeting space and a banquet kitchen.

8. $26.3 Million Permit Filed for Pyramid Hotel -

Bass Pro Shops will soon begin work on a 101-room hotel at The Pyramid.

Mississippi-based W.G. Yates & Sons Construction, the contractor working to transform The Pyramid into a Bass Pro Shops destination center, was recently issued a $26.3 million permit for the project's Big Cedar Lodge hotel, including rooms, meeting space and a banquet kitchen.

9. Permit Pulled for Bass Pro Shops Hotel at The Pyramid -

Bass Pro Shops will soon begin work on a 101-room hotel at The Pyramid.

Mississippi-based W.G. Yates & Sons Construction, the contractor working to transform The Pyramid into a Bass Pro Shops destination center, was recently issued a $26.3 million permit for the project's Big Cedar Lodge hotel, including rooms, meeting space and a banquet kitchen.

10. $2 Million Building Permit Filed for Indoor Sports Facility -

237 Woodland Lake Drive
Cordova, TN 38018
Permit Cost: $2 million

Permit Date: Applied February 2014
Owner: Wes Misenhelter
Tenant: Wes Misenhelter
Contractor: n/a
Details: Developer Wes Misenhelter has filed a $2 million building permit application for the indoor sports facility he is building on 237 Woodland Lake Drive in Cordova.

11. Smucker Files $16 Million Permit for Plant Expansion -

4789 Cromwell Ave.
Memphis, TN 38118
Permit Cost: $16 million

Project Cost: $41 million
Permit Date: Applied January 2014
Completion: TBA
Owner: The J.M. Smucker Co.
Tenant: The J.M. Smucker Co.
Architect: N/A
Contractor: N/A
Details: The J.M. Smucker Co. has filed a $16 million permit with the city-county Office of Construction Code Enforcement as part of its planned plant expansion at 4789 Cromwell Ave. in Oakhaven.

12. LeMoyne-Owen to Begin Work on $13.5 Million Residence Hall -

869 Saxon Ave.
Memphis, TN 38126

Permit Cost: $9 million

Permit Date: Applied September 2012

13. Electrolux Plant Issued $3.8 Million Mechanical Permit -

The Electrolux North America Cooking Products’ Memphis plant has been issued a mechanical permit for $3.8 million by the city-county Office of Construction Code Enforcement.

Mechanical Systems Co. LLC of Memphis is listed as the contractor on the application for property at 3231 Paul R. Lowry Road in southwest Memphis’ Frank C. Pidgeon Industrial Park.

14. Hickory Hill Warehouse Sells for $1.3 Million -

5837 Distribution Drive
Memphis, TN 38141

Sale Amount: $1.3 million

Sale Date: July 11, 2012

15. Walgreens Buyer Finances Purchase With $2.6M Loan -

WG Memphis Holdings LLC, the Hamilton, N.J.-based company that bought the Walgreens site at 6980 E. Holmes Road, has financed the purchase with a $2.6 million loan through Wells Fargo Bank NA.

16. Walgreens Site on Holmes Sells for $3.5 Million -

Hamilton, N.J.-based WG Memphis Holdings LLC has bought a Walgreens property at 6980 Holmes Road for $3.5 million, the same price seller Trio Investments LLC paid for it a decade ago.

17. Praxair Files $2M Permit App for Pidgeon Park Site Work -

3587 Paul R. Lowry Road
Memphis, TN 38109
Permit Cost: $2 million

Permit Date: Applied June 2012
Owner: Praxair Inc.
Tenant: Praxair Inc.
Contractor: W.G. Yates & Sons Construction Co.
Details: Praxair Inc., an industrial gases company that operates an air separation complex in Frank C. Pidgeon Industrial Park, has filed a $2 million building permit application to lay a foundation at its facility, 3587 Paul. R. Lowry Road.

18. Praxair Files Permit App for Pidgeon Construction -

Praxair Inc., an industrial gases company that operates an air separation complex in Frank C. Pidgeon Industrial Park, has filed a $2 million building permit application to lay a foundation at its facility, 3587 Paul. R. Lowry Road.

19. MEPPI Files $155M Permit App For Rivergate Plant, Office -

2865 Riverport Road
Memphis, TN 38109

Permit Cost: $155 million

Permit Date: Applied June 2012

20. Union Ave. Ike's Site Sells for $9.5 Million -

Florida-based entity WG Memphis LLC has bought the Ike’s drug store property at 2145 Union Ave., as well as three adjacent parcels of vacant land, for $9.5 million from Little Rock, Ark.-based LAF Brothers Properties LLC.

21. STCC Takes Next Step In Nursing Bldg. Plans -

693 Union Ave.
Memphis, TN 38103

Permit Cost: $14.6 million

Project Cost: $18.2 million

22. STCC Files Permit for Nursing Building -

Southwest Tennessee Community College this week moved closer to beginning its planned Nursing and Biotechnology Building at 693 Union Ave., according to a $14.6 million building permit application filed Monday with the city-county Office of Construction Code Enforcement.

23. $14.6M Permit Application Filed for STCC Nursing Bldg. -

Work is moving forward on Southwest Tennessee Community College’s long-planned Nursing, Natural Sciences, Biotechnology Building at its Union Avenue campus Downtown.

A $14.6 building permit application has been filed with the city-county Office of Construction Code Enforcement for the three-story building, which also will include two mechanical penthouses. W.G. Yates & Sons Construction Co. is the project’s general contractor.

24. Nursing Homes Sell For $30 Million -

200 South Parkway W.
Memphis, TN 38109

Sale Amount: $15.9 million

Sale Date: Jan. 10, 2012

25. Electrolux Contractor Files $11M in Permit Applications -

The general contractor for Electrolux North America Cooking Products’ Memphis plant has filed two building permit applications totaling $11 million with the city-county Office of Construction Code Enforcement.

26. Electrolux Touts Local and Local Minority Contracts -

Electrolux North America executives said Tuesday, Jan. 17, the company has awarded $6.3 million of the $15.3 million in contracts so far for construction of its new Memphis plant to local minority-owned firms. And $14.5 million of the $15 million total has been awarded to local companies including the minority-owned firms.

27. Council to Delve Into Electrolux Incentives -

Memphis City Council members will talk Tuesday, Jan. 17, about getting more information from the mayor’s office about financial incentives used to bring companies to the city.

A resolution asking the administration to give the council a summary sheet of any executed contracts requiring a city investment of more than $250,000 is the topic of the first chairman’s meeting at 10 a.m.

28. Council Weighs In on Electrolux Incentives -

Some Memphis City Council members want to at least slow the appropriation of local government funding to Electrolux North America Cooking Products if the company isn’t more responsive to hiring local for the construction of its Memphis manufacturing plant.

29. Electrolux Chooses WG Yates as General Contractor -

Electrolux's Major Appliances Division has picked W.G. Yates & Sons Construction Co. as general contractor for construction of its manufacturing center in southwest Memphis.

30. Electrolux Chooses W.G. Yates as General Contractor -

Electrolux's Major Appliances Division has picked W.G. Yates & Sons Construction Co. as general contractor for construction of its manufacturing center in southwest Memphis.

31. 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.

32. Plans Move Ahead For Cordova Staples -

1.7 acres in
Galleria of Memphis
Sale Amount: $850,000

Sale Date: July 26, 2011

Buyer: TN Cordova Germantown LLC

33. Bartlett Walgreens Site Sells for $3.8 Million -

Deerfield, Ill.-based Cole WG Bartlett (St. Elmo) TN LLC has bought the site of a Walgreens at 6565 St. Elmo Road in Bartlett from Whitnall Garden Apartments for $3.8 million.

34. FedEx to Relocate Fueling, Recycling Centers -

2691 Democrat Road
Memphis, TN 38118
Permit Amounts: $2 million (fueling center); $1.5 million (recycling center)

35. Former Cordova Applebee’s To Be Converted to IHOP -

1106 N. Germantown Parkway
Cordova, TN 38016
Sale Amount: $1.3 Million

Sale Date: April 2, 2009
Buyer: Hotcakes Cordova Venture LLC
Seller: Gourmet Systems Inc.
Loan Amount: $1.6 million
Loan Date: April 2, 2009
Maturity Date: Sept. 30, 2014
Lender: Branch Banking and Trust

36. Oakhaven Walgreens Sells for $5.6 Million -

The Walgreens store at 3177 S. Perkins Road in the Oakhaven/Parkway Village area has sold for $5.6 million to an entity called Cole WG Memphis TN LLC in a special warranty deed. The sale closed in late March with CRE Memphis Triple Net Holdings as seller.

37. MAAR to Give Posthumous Award to William B. Clark -

William B. Clark's life epitomized what many would consider the American dream.

At age 19, straight out of high school, Clark built and sold his first house in the Lincoln Heights subdivision in southwest Memphis.

38. Archived Article: Daily Digest - Highway 70 Property

Highway 70 Property

Sells for $4.5 Million

Cole WG Bartlett TN LLC has purchased one lot at 8097 U.S. Highway 70 near Germantown Road for $4.5 million, according to The Daily News Public Records Database, www.memphisdail...

39. Archived Article: Real Review - The Shelby County Board of Education has filed a building permit for a 2 story addition and renovation to an existing building County school construction underway in Millington, Lakeland The Shelby County Board of Education has filed a building perm...

40. Archived Article: Real Briefs - Memphis received more than $3 Memphis received more than $3.8 million in Continuum of Care funds and $394,000 in Emergency Shelter Grants from Housing and Urban Development. These grants represent a 9 percent increase over last years awards. Among T...