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Editorial Results (free)

1. Vacancy at Okhissa Lake: Group Hopes to Buy Land From Feds -

BUDE, Miss. (AP) — He put in around noon on a Friday.

Nearby, the women sprayed sunscreen and hung floaties on the children, and the boys threw rocks into the duckweed. Onboard, they had grocery bags, a propane grill and not one fishing pole.

2. Strong support at home powers Guest's congressional campaign -

JACKSON, Miss. (AP) — Republican nominee Michael Guest moves toward the general election in Mississippi's 3rd Congressional District with a big advantage: the electoral dynamo of his home county.

3. Sanders says she was told to leave Virginia restaurant -

WASHINGTON (AP) — White House press secretary Sarah Huckabee Sanders was booted from a Virginia restaurant because she works for President Donald Trump, setting off a fierce debate about whether politics should play a role in how administration officals are treated in public.

4. Mississippi at 61 West Nile Virus Cases So Far in 2017 -

JACKSON, Miss. (AP) — The Mississippi State Department of Health is confirming one new case of West Nile virus.

That brings the total so far this year to 61 cases of the mosquito-borne illness, including two people who died earlier. The new case is in Hinds County.

5. Edge Alley Sets Opening Date -

Edge Alley, the Medical District’s new coffee house/micro-retail incubator, has officially set an opening date – Wednesday, July 26, at 7 a.m.

In addition to offering food, coffee and much-needed common space to the Medical District’s Edge neighborhood, the Edge Alley – located at 600 Monroe Ave. next to High Cotton Brewing Co. – will house four roughly 225-square-foot micro-retail bays with the intention of helping the fledgling businesses transition into a large site.

6. After More Than 70 Years, Colliers Continues to Pay it Forward -

In 1946, a small real estate company called Wilkinson & Snowden Inc. took root in Memphis as many of the city’s post-war expansion projects were just getting started. And though the names and faces have changed several times over the years, the culture of the company largely has remained intact for more than 70 years.

7. Ballet On Wheels Series Explores Contributions of Black Dancers -

The dancers at Memphis’s Ballet On Wheels Dance School are celebrating Black History Month in an innovative way this year. In conjunction with the Memphis Public Library, Ballet On Wheels has launched an interactive, monthlong series called “Groundbreakers: African-American Ballerina Stories of Triumph and Struggles,” that invites Memphians to consider the history and future of ballet in a new light.

8. The Pluses and Minuses of Drugmakers' Discount Cards -

WASHINGTON (AP) – Facing public furor for the price of its emergency allergy shot EpiPen, Mylan Pharmaceuticals quickly pointed to a familiar industry solution: copay discount cards.

Copay coupons or cards have become a ubiquitous part of the pharmaceutical business, offered through websites, mobile apps and doctor's offices. Patient advocates say they can bring down out-of-pocket expenses for patients who face high copays and deductibles. Mylan last month boosted its discount cards to cover $300 of insured patients' copay costs, up from $100.

9. GM Stops Sale of SUVS; Mileage on Window Stickers Was Wrong -

DETROIT (AP) – General Motors Co. is telling dealers not to sell about 60,000 SUVs in the U.S. because the gas mileage listed on the window stickers was inadvertently overstated.

10. Experts: The FBI's iPhone-Unlocking Plan for Apple is Risky -

SAN FRANCISCO (AP) – In its battle with Apple over an extremist's iPhone, the FBI says neither the company nor anyone else has anything to fear. Although they want to compel assistance from Apple to unlock a phone used by San Bernardino mass shooter Syed Farook, officials say the techniques they propose are limited in scope and pose no risk to the privacy of other iPhone users.

11. Collierville Arts Council Seeks New Members -

The Collierville Arts Council, a service provider for the town of Collierville and its Harrell Performing Arts Theatre, has openings.

CAC was established in 1988 and provides cultural arts including theater, music, dance and visual arts presentations. Applications may be obtained at harrelltheatre.org or by email to Leesa Wilkinson, leesalee1960@yahoo.com.

12. Mounted Shooting Contest Comes to Agricenter -

On Saturday, Jan. 9, Agricenter International will be the site of a Mounted Shooting competition dubbed “Shoot Out at the Showplace.”

Described as a combination of barrel racing and precision shooting, the competition will feature 15-year-old Ethan Wilkinson – the current National High Point Champion Cowboy.

13. 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

14. Williams-Sonoma Distribution Center Sold for $6.9 Million -

The Williams-Sonoma distribution center in Oakhaven has sold for $6.9 million.

Tennessee-based CLI Inc. purchased the property at 4300 Concorde Road from California-based Lester McMahan Partnership, according to a Dec. 15 warranty deed.

15. Real Estate ‘Titans’ Share Industry Advice -

In the 1980s Dan Wilkinson and Robert Snowden were deeply involved in developing Memphis International Airport Center.

16. ‘Titans’ of Commercial Real Estate Speaking -

Listen up, commercial real estate professionals.

This week you’ll get the opportunity to interact with some of the most prolific commercial real estate practitioners in the Mid-South.

17. Massey Looks to Grow CCIM Reach -

Shawn Massey is a commercial real estate broker by trade, but he has a burning passion for education.

Massey has co-founded a business-focused charter school in Frayser called Memphis Business Academy and he teaches a master’s level real estate class at the University of Memphis.

18. Cates, Kornegay Look to Future While Honoring Colliers’ Past -

The memory is scorched in Andy Cates’ mind.

It was 2005 and Cates, just 29 years old at the time, was being made a partner at Colliers International Memphis, the commercial real estate firm.

19. 2 Brokers Take Majority Stake in Colliers Memphis -

Two longtime members of Colliers International's Memphis office have taken a majority stake in the real estate company.

Andy Cates, executive vice president of brokerage, and Brad Kornegay, CEO of Colliers Management Services LLC, are now the majority shareholders in the two legal entities that make up the Memphis office.

20. 2 Brokers Take Majority Stake in Colliers Memphis -

Two longtime members of Colliers International's Memphis office have taken a majority stake in the real estate company.

Andy Cates, executive vice president of brokerage, and Brad Kornegay, CEO of Colliers Management Services LLC, are now the majority shareholders in the two legal entities that make up the Memphis office.

21. Cates, Kornegay Take Majority Stake in Colliers’ Memphis Office -

Two longtime members of Colliers International's Memphis office have taken a majority stake in the real estate company.

Andy Cates, executive vice president of brokerage, and Brad Kornegay, CEO of Colliers Management Services LLC, are now the majority shareholders in the two legal entities that make up the Memphis office.

22. Fresh Market, Whole Foods Seek Approval From Boards -

Two planned high-profile grocery stores will be seeking regulatory approval in the coming weeks.

The Fresh Market is applying for a special-use permit from the Land Use Control Board Dec. 12 to convert the existing Ike’s store on Union Avenue into one of the chains upscale grocery stores.

23. Olymbec Acquires 13-Building Bellbrook -

Olymbec USA LLC has snatched up two more key Memphis properties, including the 1.8 million-square-foot Bellbrook industrial park.

24. Colliers Continues Role as Major Commercial Real Estate Player -

Wilkinson & Snowden Inc. helped lead the industrial warehouse revolution in Memphis at a prescient time.

25. Teaching New Dogs Timeless Tricks -

You might say that I’m a veteran in the real estate industry. A half a century in the business probably earns me that title. Much has changed since my uncle Russel Wilkinson and partner Robert Snowden founded Wilkinson & Snowden in 1946, the predecessor company to today’s Colliers International office in Memphis. In fact, Russel and Bob were the first to develop industrial real estate of any consequence here. Today there are more than 220 million square feet of industrial space in the Memphis metropolitan market.

26. Google Emerges From Federal Probe Relatively Unscathed -

SAN FRANCISCO (AP) – Google has settled a U.S. government probe into its business practices without making any major concessions on how the company runs its Internet search engine, the world's most influential gateway to digital information and commerce.

27. Merchandiser Five Below Signs Lease in Olive Branch -

A growing Philadelphia-based value retailer has inked a substantial industrial lease deal in Olive Branch.

Five Below Inc. has leased 605,427 square feet in Hacks Cross Logistics Center Building 1, 9105 Hacks Cross Road.

28. DeWitt to Steer Council With Passion for Real Estate -

Greg deWitt’s history degree doesn’t necessarily come into play during his day-to-day leasing of office space, but it speaks to his early-on fascination with the built environment and the movers and shakers who helped to create it.

29. Hillwood Buys Industrial Portfolio for $37M -

Hillwood Investment Properties has bought an industrial portfolio in Southeast Memphis for $37.25 million from TIAA Realty Inc., augmenting the Dallas-based commercial real estate firm’s budding local footprint.

30. Hillwood Buys Industrial Portfolio for $37M -

Hillwood Investment Properties has bought an industrial portfolio in Southeast Memphis for $37.25 million from TIAA Realty Inc., augmenting the Dallas-based commercial real estate firm’s budding local footprint.

31. StyleCraft Signs Lease At Airways Building E -

Home decor company StyleCraft Home Collection Inc. has signed a 167,600-square-foot lease at Industrial Developments International’s Airways Distribution Center Building E.

32. Digital Age -

User-friendly digital technology isn’t just for kids anymore. Smartphone-based home-monitoring systems are making seniors one of the largest market segments for home security companies.

“I think seniors are warming up to technology, especially technology that connects them to loved ones,” said Jonathan Frase, president and owner of Memphis-based Frase Protection. “Nearly all the people I know who use Skype, for example, are grandparents.”

33. Former Mazda Warehouse Sells for $13.5M -

The former Mazda North America Inc. distribution center in DeSoto County has been acquired by Hillwood Investment Properties for $13.5 million.

34. Hillwood Pays $13.5M For Former Mazda Warehouse -

The former Mazda North America Inc. distribution center in Olive Branch has been acquired by Hillwood Investment Properties for $13.5 million.

35. Hillwood Buys Former Mazda Warehouse for $13.5M -

The former Mazda North America Inc. distribution center in Olive Branch has been acquired by Hillwood Investment Properties for $13.5 million.

36. Mercer Ready to Steer MAAR Commercial Council -

John Mercer does not take over as 2012 president of the Memphis Area Association of Realtors Commercial Council until Jan. 1, but he is already working hard planning several big MAAR events for early next year.

37. Wilkinson Follows Road Less Traveled -

During his 50-year tenure in real estate, Dan Wilkinson helped establish the Memphis office of Colliers International as one of the dominant industrial real estate companies in the local market and has been involved in more than $1 billion in sales in Memphis and North Mississippi.

38. Colliers’ Wilkinson Receives Tom Richardson Award -

Dan Wilkinson, chairman of Colliers International Memphis, recently was presented the 2011 Tom Richardson Award at the 2011 Colliers International National Meeting in Chicago.

39. Investing in Memphis -

You’d have to have been hiding under a rock for the last several years not to know that real estate values have dropped across the board. Whether it’s residential or any type of commercial real estate, you’ll hear it said over and over that it is a buyer’s market. That may be a reasonably accurate generalization, but when it comes to commercial real estate, “location, location, location” alone hasn’t been sufficient investment criteria for today’s buyers.

40. DuBois Pioneer In Biz Media -

When Barney DuBois helped spearhead the launch of the Memphis Business Journal in 1979, he had no way of knowing that his efforts would forever change the media landscape in the Mid-South.

41. Flood Offers Biz Lessons -

Flooding serves as reminder to have a plan. There is no question that when the Mississippi River and its many tributaries in Tennessee, Mississippi and beyond finally recede and damage assessments roll in, the impact will be extensive. But the fact is that this flooding “event” – which will have lasted several months from gradual crest to eventual recession to normal levels – did not have the same destructive effect as the 1927 flood or of last year’s devastating flash flood in Nashville. Clearly, the slow rise of the Mississippi this spring provided ample opportunity for the media to share both stories of inevitable destruction and the possibilities of major devastation. Fortunately, the system of levees constructed after the great Mississippi Flood of 1927 did their job to avert many worse case scenarios.

42. Perception vs. Reality -

Last month’s Mississippi River gauge was the second highest level ever recorded in the city’s history – flooding about 18 percent of Shelby County’s land and some 2,500 pieces of property – but for the city’s industrial warehouses it was virtually a non-issue.

43. Ambulance Co. Signs New Lease, Ups Space -

A Nashville-based health care company is expanding its Memphis presence. First Call Ambulance Services LLC has signed a three-year, 13,500-square-foot lease at 5155 Wilfong Road, more than doubling its existing space on Federal Avenue.

44. Pinnacle Awards Honor City’s Best Brokers -

As emcee Dan Conaway noted in his opening address Thursday night at the 10th annual Pinnacle Awards, “OK is the new great.”

45. Pinnacle Awards Honor City's Best Brokers -

As emcee Dan Conaway noted in his opening address Thursday night at the 10th annual Pinnacle Awards, “OK is the new great.”

46. Memphis Remains a Hot Commodity -

Almost daily, we see evidence that reconfirms Memphis’ position as “America’s Distribution Center.” Cotton merchants are leasing and buying affordable warehouse space in one of only a few cities certified by national commodity organizations. Major manufacturers like Electrolux and Mitsubishi have found the market offers the right combination of incentives, trained labor pool, affordability, available land, and multimodal transportation here.

47. Shifting Gears -

Memphis has long been a real estate town.

Family names like Belz, Boyle, Clark, Fogelman, Loeb, Snowden and Wilkinson – to name a few – have become synonymous not only with local commercial and industrial development but also with the city’s business fortunes and cultural identity.

48. Events -

The Memphis Chapter of the International Association of Administrative Professionals will meet Monday at 6 p.m. at the Holiday Inn Select Memphis East, 5795 Poplar Ave. Stuart Wilkinson, vice president of human resources at University of Tennessee Medical Group, will speak. For reservations, call Demetria Sturgis at 448-5529 or e-mail Jennifer Thornton at jjthornton@fedex.com. Cost is $20.

49. Grubb & Ellis’ deWitt Appointed To MAAR Commercial Council -

Greg deWitt of Grubb & Ellis Co. has been appointed to the Memphis Area Association of Realtors Commercial Council. He will take over one of the council’s director seats next year before becoming the council’s vice president in 2012.

50. Va Court Reverses TVA Emissions Ruling -

RICHMOND, Va. (AP) — A federal appeals court in Virginia has reversed a judge's ruling requiring prompt installation of upgraded emission controls at three coal-fired power plants in Tennessee and one in Alabama.

51. Colliers to Rebrand Following Joint Venture -

One of the oldest and most respected commercial and industrial real estate firms in town will see a name change this summer.

Colliers Wilkinson Snowden, the brokerage services company founded in 1946 by Bob Snowden and Russell Wilkinson, within the next two months will be known simply as Colliers International.

52. Cautious Optimism -

Industrial real estate, which thrives whenever companies choose one of the city’s numerous warehouses and distribution centers to store their goods, plays a significant role in Memphis’ economy.

So as the recession improves and consumerism rebounds, the industrial sector is bound to show improvement as will the city’s financial climate.

53. Negative Absorption Dings Market -

The strength of Memphis’ commercial real estate market is its industrial sector, but the city’s bread and butter suffered a rare misstep in 2009, the most recent data show.

Memphis saw negative absorption of 352,797 square feet during the fourth quarter and negative absorption of 913,871 during 2009, according to a year-end report from CB Richard Ellis.

54. Questions Abound for Commercial Real Estate’s Future -

The commercial real estate market will need to navigate its way through a host of landmines before it sees anything resembling recovery.

That was the message Mark Dotzour, chief economist and director of research for the Real Estate Center at Texas A&M University, told local brokers, bankers and appraisers at Wednesday’s Commercial Property Forecast Summit, held at the Germantown Performing Arts Centre and sponsored by the Memphis Area Association of Realtors Commercial Council.

55. Barbour Appoints State Sen. Davis to Bench -

JACKSON, Miss. (AP) – Gov. Haley Barbour has appointed state Sen. Vincent Davis to a chancery judge post representing Adams, Claiborne, Jefferson and Wilkinson counties.

56. Ike’s Plans Expansion to Collierville -

A 10,000-square-foot Ike’s drugstore is coming to West Poplar Avenue in Collierville now that the Arkansas-based company that owns and operates the chain has bought the land and announced plans to begin building after the start of the new year.

57. Weathering the Storm -

The commercial real estate story in DeSoto County is much broader than a single retail property, but the myriad departures and arrivals at the open-air Southaven Towne Center perhaps sum up the county’s market better than anything else.

58. Colliers Takes On Tough Project -

A retail portfolio hit hard by the slumping economy has a new temporary owner and a new leasing/management team. Now those entities are charged with repositioning the assets so a buyer can step in and have a better shot at building long-term success.

59. GM Sale Cleared, Path Opens to Exit Chapter 11 -

DETROIT (AP) - The path is now clear for General Motors Corp. to leave bankruptcy protection in record time as a leaner company that is better equipped to compete in a brutal global auto market.

60. Outside Interests Local Sector’s Biggest Benefactors -

As the real estate slump toils on, a Chicago-based company has proven to be a savior of sorts for the local industrial sector.

HSA Commercial Real Estate, already a player in the local market, continued its investments here by pulling the trigger on three of the four most lucrative deals in Shelby County during the past year, all of them in the Oakhaven/Parkway Village area.

61. Numbers Show Industrial Real Estate Taking Plenty Of ‘Licks’ -

A healthy industrial real estate market is imperative for Memphis to live up to its longtime moniker of “America’s Distribution Center” or its new one of “America’s Aerotropolis.”

In other words, a viable warehouse sector – which bolsters the city’s ability to store goods before they’re distributed and supports the city’s robust transportation assets – is mission critical no matter how the city’s marketing is phrased.

62. GM Says Bondholder Offer Fails; Bankruptcy Likely -

DETROIT (AP) - A General Motors Corp. bankruptcy filing seemed inevitable after a rebellion by its bondholders forced it to withdraw on Wednesday a plan to swap bond debt for company stock.

63. Norfolk Southern, Fayette Move Closer to Intermodal Marriage -

The South Fayette Alliance on Wednesday night began the process of endorsing a site where the group wants Norfolk Southern Corp. to build its proposed intermodal facility, although it didn’t reach a formal position.

64. GM Exec Says 1,600 Will Lose Jobs in Next Few Days -

DETROIT (AP) - About 1,600 white-collar workers at General Motors Corp. will lose their jobs in the next few days as the troubled automaker accelerates cost cuts in order to qualify for more government aid.

65. AP Sources: UAW Focusing on Talks with Chrysler -

DETROIT (AP) - The United Auto Workers union has placed concession talks with General Motors Corp. on the back burner as it tries to reach a deal with Chrysler LLC before an April 30 government deadline, two people briefed on the negotiations said Thursday.

66. GM Cuts 10,000 Salaried Jobs, Trims Employees' Pay -

NEW YORK (AP) - General Motors Corp. is planning to slash another 10,000 salaried jobs this year, saying the cuts are unavoidable with a government restructuring deadline looming and industrywide sales in one of the worst downturns in history.

67. Southaven’s Towne Center Facing Tough Times -

Bad things come in threes, as the old saying goes, and that principle could easily apply to the 520,000-square-foot Southaven Towne Center, where the economic downturn has taken its toll on a trio of high-profile stores.

68. Raleigh Retail Takes Further Blow -

The retail market in Raleigh took another hit this week when the Raleigh Plaza shopping center at the northeast corner of Austin Peay Highway and Yale Road was demolished.

The departure of the 38,195-square-foot center is another black eye for an area where retailers have struggled to survive. Across Austin Peay from the center is an empty shell that once housed a Seessel’s

69. Report: GM Postponing Product Development Spending -

DETROIT (AP) - General Motors Corp. is postponing nearly all of its spending on product development in 2009 and 2010 as part of a cost-cutting effort, an automotive trade publication reported Wednesday.

70. GM Recalling 314,000 HHR SUVs to Fix Storage Bin -

WASHINGTON (AP) - General Motors Corp. has recalled 314,048 Chevrolet HHR sport utility vehicles to fix a storage bin door that failed to remain closed during government testing, the automaker said Monday.

71. Small Firms Beef Up Retirement Services -

Small businesses are helping employees become better managers - of their own money.

When it comes to managing their retirement-savings accounts, small-business employees often are at a disadvantage compared with their counterparts at large companies. Corporations typically employ large in-house human-resources staff and offer analytical tools and money-management services that are cost prohibitive for small firms.

72. Tattered Cushion -

Industrial real estate in Shelby County borrowed a chapter from the residential market’s tale of woe by turning in a lackluster 12-month period.

Like what’s happening with home sales, myriad factors ranging from tightened credit to frightened buyers have blended during the past year to drag down the industrial numbers, which long have been the county’s bread and butter.

73. Leading Real Estate Companies of the World Recognizes Marx & Bensdorf’s Cherny -

Eileen Cherny, relocation director for Marx & Bensdorf, has received the Leading Real Estate Companies of the World President’s Service Recognition Award. The award acknowledges committee and board involvement, presentations at network conferences and service in various capacities.

74. Jones Ascends to High-Level Position At Army Corps of Engineers -

Carol Winfield Jones has been selected as chief, project development branch and assistant to the deputy district engineer for project management for the U.S. Army Corps of Engineers, Memphis District.

75. Ain't No 'Chikins' -

The fast-food chain planning to tear down a church administrative building along Union Avenue to free up space for a new restaurant has sparked an unusual response from historic preservationists.

Rather than wage a pitched battle to keep the development at bay, many of those activists admit their fondness for Chick-fil-A, the restaurant that's coming. They even manage to work that fondness for the company's signature chicken entrees into their often sharply worded exchanges about the company's demolition plans for the property.

76. Commercial Real Estate Could Weather Economic Storm -

Memphis is among the few cities whose commercial real estate market should remain stable in 2008 amid a sluggish U.S. economy, according to a report released last week by Santa Ana, Calif.-based Grubb & Ellis Co.

77. Real Estate, Soccer Passions Drive Snyder -

With 25 years' experience in commercial real estate, John Snyder could talk at length about trends in construction, property management or tenant representation, all the fields in which he has worked.

78. Memphis Industrial Market Experiences 'Flat' 3rd Quarter -

One large and lingering transaction resulted in a poor showing for Memphis' industrial leasing market during the third quarter of 2007.

Carrier Corp. formally vacated the 500,000 square feet it once occupied in the Southpoint Distribution Center in South Memphis to move to Holly Springs, Miss., in Marshall County.

79. MAAR ConfirmsCommercial Council Officers -      The Memphis Area Association of Realtors (MAAR) Commercial Council last week confirmed that Steve Guinn of Highwoods Properties will serve as 2008 president. The group also elected Irvin Skopp of Belz Realty Co. as 2008

80. Commercial Sales See 26% Rise Over Last Year -

Large real estate deals tend to garner recognition with their high-dollar price tags and high-volume portfolios. But it's the untold small- and medium-sized transactions that help keep a market healthy and vital.

81. Supply-Chain Slowdowns Could Spell Big Business for Warehouses -

Can Memphis benefit from a nationwide economic slowdown? Probably not, but the city dubbed America's Distribution Center might be better situated than most cities to weather the ferocious storm ahead.

82. Sitting Pretty -

For anyone who can't see how important FedEx is to Memphis' economy, Wyatt Aiken, senior vice president of Commercial Advisors LLC, paints the following picture:

"If Memphis wasn't a great distribution hub, FedEx wouldn't be here," he said, "and if FedEx wasn't here, we'd be Little Rock."

83. Super-Terminal Dream Still Alive -

It wasn't just one wakeup call that inspired Memphis City Council member Dedrick Brittenum Jr. to revisit the concept of a rail "super terminal" at Frank C. Pidgeon Industrial Park.

No, wakeup calls occur every night when trains rumble past his Midtown home.

84. Commercial Investors Continue Spending Megabucks In Memphis -

Out-of-towners visit Memphis daily to spend money in the city's hotels, restaurants and shops. They come to see ducks at The Peabody Hotel, stroll Beale Street and pay homage to Elvis Presley with a trip to Graceland.

85. Barrow Named Chef de Cuisine At Capriccio Grill -

The Peabody Hotel has named Brian Barrow chef de cuisine for Capriccio Grill, an Italian steakhouse. Barrow began his culinary career at 27. He attended Johnson & Wales University's College of Culinary Arts in Miami. He previously was a chef at the Ambassador Hotel in Fort Lauderdale, Fla., and with Do & Co International Catering.

86. European Trust BuysAirport-Area Warehouses -      A European trust has bought into the Memphis market with the purchase of nine buildings totaling more than 1.1 million square feet of warehouse space in Memphis International Airport Center. New York-based real estate ad

87. Memphis Might be 'Losing Its Edge' in Attracting Industry -

Ernie Mrozek, president and CFO of ServiceMaster, sat at the head of a table lined with members of Memphis' Industrial Development Board Sept. 28 during a payment-in-lieu-of-taxes (PILOT) evaluation meeting.

88. Cabot Scoops Up Ninth Memphis Property -

4105 S. Mendenhall Road
Memphis, TN 38115
Sale Amount: $3 million

Sale Date: Sept. 18, 2006

Buyer: Cabot II-TN1W07 LLC

89. Pricey Merchandise -

Earlier this year, the Gary Myers Co. sold a 17,000-square-foot office warehouse at 3121 Bartlett Corporate Center Drive to an investment group for $1.5 million. The multi-tenant building, purchased by BCH Investments, is a short drive from Interstate 40 and counts big users like Brother International Corp. as neighbors.

90. 'Cautious Optimism' Permeates Industrial Market -

After a few dark years followed by a tentative climb, the Memphis-area industrial development market is creeping further into the light.

With net absorption reaching about 5 million square feet in 2005 and on track for similar growth in 2006, developers are holding out hope that last year's market turnaround could have staying power, said Jim Mercer, executive vice president of CB Richard Ellis Memphis.

91. Horn Lake Officials ChallengedWith Stalled Development Plans - Developers were full of big dreams for the Circle G Ranch in Horn Lake.
Don Wilkinson, the former executive director of the city's Chamber of Commerce, once ticked off possibilities such as 25-story condominiums and 35-story hotels for the proper

92. Commercial Advisors' Jensen Voted Commercial Broker of the Year -

Larry Jensen has received the 2005 Pinnacle Award for Commercial Broker of the Year from the Memphis Area Association of Realtors' Commercial Council. Jensen is president and CEO of Commercial Advisors LLC. He has more than 30 years of experience in real estate.

93. Area Industrial Market Fuels Optimism -

The debate is heating up over a possible shake-up in the way tax breaks are handed out locally. But the idea doesn't appear to have roiled the industrial real estate market or sent developers and landowners scurrying over the county line just yet.

94. Memphis Industrial Market Begins to Rebound -

Optimism and recovery are key words for Memphis' industrial real estate market, with vacancies on the decline and a healthy level of new product being delivered in the market.

"The overall national economy has finally turned the corner," said Jim Mercer, executive vice president of industrial services with the Memphis office of CB Richard Ellis. "We feel momentum will continue through the end of this year."

95. DeSoto County Begins Tourism Study -

Don Wilkinson won't get into specifics when talking about the redevelopment of Circle G Ranch in Horn Lake, since the team in charge of the project is due to close on the property Aug. 2.

Money and jobs. But he can barely contain his excitement in describing what the transformation of the site - where Elvis and Priscilla Presley honeymooned in 1967 - will mean for Horn Lake, nearby towns and, for that matter, DeSoto County. The project's developers, who have international financial backing, are investing $2 billion to build a golf and entertainment resort with hotels and condos on the property, situated at state Highway 301 and Goodman Road.

96. Archived Article: Lead - By Andy Meek

DeSoto Sees Rush of Commercial Activity

Major projects on table for Horn Lake, Hernando


The Daily News

The two large-scale shopping centers opening soon in DeSoto County arent the only items making a splash in t...

97. Archived Article: Newsmakers - MAAR Pinnacle Awards Winners Announced

MAAR Announces Pinnacle Award Winners

The Memphis Area Association of Realtors announced the following winners of the fourth annual Pinnacle Awards: Al Andrews Jr. of Panattoni Development Co., Commercial...

98. Archived Article: Lead - Changing Market Concerns Some Commercial Investors

Commercial Sales Feel Economic Impact

Interest rates, cap rates fueling real estate activity


The Daily News

With interest rates holding steady, commercial real estate acti...

99. Archived Article: Lead - Industrial Market Looks for Improvement

Industrial Market Perks Up for 2005

Prospects seeking property in Shelby, DeSoto counties


The Daily News

Month after month, quarter after quarter saw the same story in the local indu...

100. Archived Article: Lead - ANDY MEEK

Business Park Planned for Horn Lake

$30 million project to be phased out over six years


The Daily News

Horn Lake planners and city leaders have paved the way for a seven-building business park to be developed in th...