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1. Shaffer Named Executive Director Of Rebranded BLDG Memphis
- Wednesday, April 19, 2017
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.
2. Last Word: Back On, EDGE and Diversity and Jungle Room Sessions
- Friday, June 17, 2016
Are your lights on yet? How is your air conditioning? First came the rain Wednesday night and then came the power outages that stretched into Thursday.
So the last Twitter update from Memphis Light Gas and Water at 8 p.m. Thursday shows 248 outages in the MLGW service area with 2,746 customers still in the dark and the worst heat of the year so far. Those numbers translate to 95 percent of the customers impacted having their power restored Thursday evening.
3. City, State Incentives Lining Up For ServiceMaster's Move Downtown
- Friday, June 10, 2016
ServiceMaster Global Holdings Inc. will be getting a lot of help with its headquarters move into the vacant Peabody Place mall.
Documents obtained by The Daily News show that mall landlord Belz Enterprises will contribute $12 million to improvements to the facility while ServiceMaster will invest $14.8 million in converting the 340,000-square-foot retail center into corporate offices with open working and research spaces.
4. City Council Approves Colonial Conversion, Vintage Trolley Purchase
- Wednesday, January 20, 2016
One of two golf courses at Colonial Country Club would give way to houses under a planned development approved Tuesday, Jan. 19, by the Memphis City Council.
The council approved a development that would turn the north course at Colonial into either a mix of single-family homes, townhouses and cottages or a mix of housing for senior citizens.
5. Hotel Developer Moves On Scimitar Building Conversion
- Tuesday, September 1, 2015
179 Madison Ave.
Memphis, TN 38103
Permit Cost: $5.2 million
Permit Date: Applied August 2015
6. Many Seek New Homes Near Cities But are Priced Out
- Thursday, June 12, 2014
WASHINGTON (AP) – City living has been a blessing for Tim Nelson.
The Phoenix lawyer moved downtown a few months ago into a new $389,000 home with a warehouse-style floor plan, a Jacuzzi tub and kitchen counters made of Caesarstone quartz. His favorite coffee spot is three blocks away. When the Arizona Diamondbacks play on Friday nights, he can watch postgame fireworks from his deck.
7. Oklahoma Hotel Group Buys Baymont Inn
- Tuesday, August 20, 2013
6020 Shelby Oaks Drive
Memphis, TN 38134
Sale Amount: $2.1 million
Sale Date: Aug. 6, 2013
Buyer: Champion Regional Development LLC
Seller: BRE/LQ Properties LLC
Loan Amount: $2.1 million
Loan Date: Aug. 7, 2013
Maturity Date: N/A
Borrowers: Sunny Management LLC; KNSB LLC; Jansa LLC
Details: An affiliate of Oklahoma City-based Champion Hotels has paid $2.1 million for the 103-room Baymont Inn & Suites Memphis East hotel at 6020 Shelby Oaks Drive in Northeast Memphis.
8. Realty Income Corp. Buys Herbalife Facility
- Tuesday, January 15, 2013
5025 Crumpler Road Memphis, TN 38141
Sale Amount: $16.6 million
9. Levenger Leases Up EastPark IV
- Friday, December 14, 2012
A Delray Beach, Fla.-based specialty retail company is relocating its Memphis distribution warehouse within the Southeast submarket.
Levenger has inked 96,400 square feet in EastPark Distribution Center IV, 5265 Hickory Hill Road, bringing the 372,800-square-foot building to full occupancy. Levenger also has an operation at 3530 E. Raines Road.
10. $3.5 Million McVay Station Begins
- Tuesday, November 27, 2012
Three Class A speculative office buildings have broken ground in Germantown at McVay Road and Poplar Pike.
The $3.5 million development, named McVay Station Professional Center, is by Jason Speed, local developer and contractor whose claim to fame was Corporate Gardens, a $24 million, 148,000-square-foot retail and office park delivered in 2001 on 14 acres at Forest Hill Irene Road and Poplar Pike.
11. Broadway Pizza Buys Building for East Memphis Expansion
- Tuesday, October 2, 2012
627 S. Mendenhall Road Memphis, TN 38117
Sale Amount: $365,000
Sale Date: Sept. 13, 2012
12. Crews Holdings Files Loan on 34 Lots in Wolf River Ranch
- Thursday, September 27, 2012
Crews Holdings has filed a $1.5 million loan through Triumph Bank on 34 lots in Wolf River Ranch Planned Development in Collierville.
13. American Makes its Case Against Union Contracts
- Tuesday, April 24, 2012
NEW YORK (AP) – American Airlines argued before a federal bankruptcy judge Monday that its union contracts need to be changed to make the company financially stable.
The airline lost more than $10 billion in the decade leading up to its declaration of bankruptcy in November. During that same period most of its major rivals used the bankruptcy process to cut wages and benefits, which American says has left it saddled with higher labor costs.
14. Triumph Bank Adds New Board Members
- Tuesday, October 19, 2010
Triumph Bank has announced two additions to its board of directors – Dr. Joseph Mirabile, president of Mirabile Investment Corp., and Jason Crews, founder of Crews Realty.
15. Crews Buys Collierville Hampton
- Tuesday, May 25, 2010
1280 W. Poplar Ave.
Collierville, TN 38017
Sale Amount: $5.1 Million
Sale Date: May 11, 2010
Buyer: SGR LLC
Seller: Collierville Hotels GP
Loan Amount: $3.8 million
Loan Date: May 11, 2010
Maturity Date: May 11, 2015
Lender: First Citizens National Bank
16. Tunica's New Cash Crop?
- Monday, December 7, 2009
When Xiaolin “Charles” Wang was introduced at an October press conference announcing plans to build a $1 billion hybrid automotive plant in Tunica County, he was described by the emcee as a man who “dreams big and drives fast.”
17. Kohl’s Repairs Storm Damage At Cordova Department Store
- Tuesday, August 11, 2009
2335 N. Germantown Parkway
Cordova, TN 38016
Permit Amount: $550,000
Project Cost: $550,000
Permit Date: Applied August 2009
Completion: August 2009
Contractor: InStar Services Group LP
18. Commercial Sales Down by More Than Half
- Tuesday, September 23, 2008
Long before the financial markets were rocked by last week’s events on Wall Street, commercial real estate was reeling. Even without the upheaval, the downturn was affecting sales and mortgage activity.
19. Archived Article: Daily Digest
- Thursday, April 22, 2004
Buckeye to Upgrade
Buckeye to Upgrade
Americana, Brazil, Plant
Memphis-based Buckeye Technologies Inc. has announced plans to invest about $18 million over 18 months at its Americana, Brazil, cotton cellulose manufacturing plant. The upgrad...