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Editorial Results (free)

1. Shrinking Inventory Keeps Home Prices Climbing -

Limited lot space, lack of lumber and a labor shortage are just a few of the reasons behind increasing home sales prices in Shelby County.

In June, the average home sales price was $192,514, an 8 percent increase from $178,655 a year ago, according to real estate information company Chandler Reports, chandlerreports.com.

2. Amazon, Container Store Eye New Locations in Memphis -

5155 Citation Dr.

Memphis, TN 38118

Permit Amount: $10 million

Application Date: July 10 

Owner: Exeter Property Group

Tenant: Amazon

3. The Container Store Planning G’town Location -

The Container Store, a national retail brand that specializes in storage and organizational products, is planning a Germantown location near Trader Joe’s.

The Texas-based chain applied for a sign variance from the Germantown Design Review Commission for a store that will be located at 2130 Exeter Road in the Germantown Collection Shopping Center. The commission was scheduled to consider the request Thursday night, July 12.

4. The Container Store Planning G’town Location -

The Container Store, a national retail brand that specializes in storage and organizational products, is planning a Germantown location near Trader Joe’s.

The Texas-based chain is seeking a sign variance from the Germantown Design Review Commission for a store that will be located at 2130 Exeter Road in the Germantown Collection Shopping Center.

5. The Container Store Planning Germantown Location -

The Container Store, a national retail brand that specializes in storage and organizational products, is planning a Germanton location near Trader Joe’s.

The Texas-based chain is seeking a sign variance from the Germantown Design Review Commission for a store that will be located at 2130 Exeter Rd. in the Germantown Collection Shopping Center.

6. Last Word: After The Tom Lee Storm, Tiger Lane Changes and Crosstown Growth -

A year ago many of you were without power in the wake of a sudden and violent storm that has come to be known as the Tom Lee Storm. It is the third most powerful storm, according to Memphis Light Gas and Water Division, in terms of those without power and the damage done. It’s called the Tom Lee storm because the 1950s-era Tom Lee memorial in Tom Lee Park – the obelisk – was toppled and shattered as the obelisk fell from the base. A year later, the base that proclaims Tom Lee “a worthy Negro” remains and the obelisk is in storage.

7. Last Word: Bar-B-Foo, Grizz Draft Prospects and The Hampline -

Alleged sightings of Dave Grohl at the barbecue contest Thursday in Tom Lee Park and a photograph from a distance that might or might not be the head Foo Fighter. This does happen at the barbecue contest – celebrities quietly coming in with a team. Sometimes not so quietly as when Vice President Al Gore returned in the 1990s to a contest he had a booth at during his time as a U.S. Senator.

8. 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.

9. CA Sells Land, CBRE Inks New Office Deal -

597 Beale St., Memphis, TN 38103: Gannett Co. Inc., The Commercial Appeal’s parent company, has sold 5 acres adjacent to the CA’s 495 Union Ave. location to a New York-based investment company that specializes in acquiring underperforming and underutilized locations from legacy newspapers.

10. City Tells Developers to Be Flexible On Sewer Flow in Fletcher Creek Area -

Developers in the Fletcher Creek basin area should consider temporary storage of wastewater from their developments as they plan for construction, the city public works director told a group of 50 developers Thursday, March 29.

11. 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.

12. Last Word: Falling Through Cracks, Germantown's Moratorium and Iowa's Defense -

The dean of the college of medicine at the University of Tennessee Health Science Center talks about the death of his son a decade ago. That, he tells Michael Waddell in this powerful story, has been a driving force in his search for a way to bridge the gaps between treating substance abuse and treating the mental illness that can also be at play along with addiction. Dr. David Stern is proposing a new pilot program whose goal is to bridge the gaps and save lives.

13. To Be or Not to Be: Tennessee Shakespeare Company Expanding With New Facility -

Dan McCleary is the founder of the Tennessee Shakespeare Company. But that hasn’t obscured his view of reality, of the fact that many people were first introduced to Shakespeare in a high school classroom in a less than engaging way.

14. The Week Ahead: Aug. 14-20 -

Hello, Memphis! School was the big opening last week, but this week it’s the majestic Crosstown Concourse, the 1.5 million-square-foot tower on Cleveland Street at North Parkway. It is hosting a six-hour extravaganza of tours, music, food and the arts. Check out the details, plus more Elvis Week events and other need-to-know happenings in The Week Ahead...

15. Vandiver Growing Customer Relationships at Agritech Firm The Seam -

The Seam, a technology firm founded by agribusiness companies that specializes in commodity trading and management systems, has added Rex Vandiver in a customer development role. Vandiver helps with customer support and project management, and he’s also taking a greater role in involvement with the peanut industry to help The Seam better serve its customers’ needs.

16. 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...

17. New York Firm Pays $23M for 3 Germantown Hotels -

7750 Wolf River Blvd., 9314 Poplar Pike and 9320 Poplar Pike, Germantown, TN 38138 | Sale Amount: $23 million

Sale Date: April 28, 2017

18. Last Word: Mike Conley, Corker at Trump Tower and School Moves -

Remember the Mike Conley face masks of 2015? I’m not sure back braces would have the same effect. The Grizz season took a big turn the day after Monday’s loss to the Hornets as the front office got a better look at Mike Conley’s injury from the game. Conley is out indefinitely for the Grizz with a fractured lower back in what is a turning point for the transformation of the team out of its Grit and Grind years.

19. Ikea Prepares To Join Retail Landscape In Cordova -

The marketplace section of the Ikea Memphis store is still a work in progress six weeks from its Dec. 14 opening.

Shelves are awaiting items in the home organization and storage area. The same is true in the home decoration area. LED fixtures are in place in the lighting area.

20. McNeill Commercial Real Estate Thrives By Focusing on Flexibility -

McNeill Commercial Real Estate doesn’t focus on one discipline, location or product type.

While some developers focus on multifamily, retail or industrial properties, for example, McNeill dabbles in it all. That includes a hospitality group that started in 2014 to expand on its already present hotel focus.

21. City Council Vote to Focus On Highland Strip Project -

Memphis City Council members vote Tuesday, Oct. 18, on an economic impact plan for the Highland Strip area that sets the stage for the tax increment financing district to finance infrastructure changes in the private development hot spot.

22. Kroger Brings Online Ordering to More Memphis-Area Locations -

Kroger suspected there was plenty of demand in the Memphis market for the online ordering system the grocery chain has been rolling out in recent weeks.

When the company brought ClickList to the first Memphis-area store last month, Kroger executives saw firsthand. They don’t have exact numbers to share, but Kroger confirmed that the launch of its ClickList online system at the first area Kroger – in Germantown at 7735 Farmington Blvd. – generated the most opening week orders for any store in the entire chain.

23. Last Word: $4.8 Billion of TNT, North Parkway Complications and Graceland West -

FedEx sets a date next week for its acquisition of TNT Express – a $4.8 billion deal that was approved by TNT shareholders Wednesday.

24. Poplar Place Apartments Sell for $15.3 Million -

1669 Randolph Place
Memphis, TN 38120

Sale Amount: $15.3 million

Sale Date: May 6

Buyer: Poplar Place TN Townhomes LLC

25. Over $20M in Construction Headed to Brewery District -

495 Tennessee St.
Memphis, TN 38103

Permit Amount: $18.8 million

Owner: 495 Tennessee LLC

Tenant: Brewery Master Tenant

26. Cordova Apartments Sell for $31.1 Million -

555 Wood Arbor Parkway
Memphis, TN 38018
Sale Amount: $31.1 million

Sale Date: March 2, 2016
Buyer: CEAI Grove LLC
Seller: Trinity 464 LLC
Loan Amount: $4.2 million
Borrower: CEAI Grove LLC
Lender: CBRE Multifamily Capital Inc.
Details: The Grove at Trinity Point apartments have sold for $31.1 million.

27. Ikea Design Tells Unique Sales Story -

When Ikea opens its 271,000-square-foot store in Memphis later this year, it will bring a retail experience unlike any ever seen in the region.

The typical American retail setup is a big-box outlet with aisle after aisle of organized items displayed on neat shelves, usually with a row of check-out counters near the front.

28. The Week Ahead: Nov. 9, 2015 -

How was your weekend, Memphis? Here’s our weekly rundown of local happenings you need to know about, from revenge on the Warriors to crime reduction through urban planning…

It’s still election season in 70 percent of the city, which sounds like a weather forecast – part warning and part advisory.
But the seven-day outlook calls for an increased chance of political engagement this week. Early voting in the set of five Memphis City Council runoff races continues this week at eight satellite locations as well as the Downtown site, 157 Poplar Ave.
The runoff elections in council districts 2, 3, 4, 5 and 7 will determine the identity of a council that will have at least six, possibly seven new members. Super District council members Philip Spinosa and Martavius Jones, the two confirmed new faces on the council, were elected outright on Oct. 8.

29. 'En Fuego' -

When Southaven Mayor Darren Musselwhite took office in June 2013, one of the first tasks that landed on his desk was a long-planned regional outlet mall.

The outlet mall, planned for a roughly 33-acre site at Church Road and Interstate 55 in the DeSoto County city, had been on the drawing board for some time, but the recession and its aftermath caused developers and Mississippi officials to put it on hold.

30. Fogelman Affiliate Files Loan on Former Cozymel’s Site -

6450 Poplar Ave.
Memphis, TN 38119
Loan Amount: $6.1 million

Loan Date: Dec. 17, 2014
Maturity Date: Jan. 1, 2023
Borrower: Crown Centre LLC
Lender: Financial Federal Bank
Details: A company affiliated with Robert F. Fogelman II has filed a loan on a key piece of East Memphis land.

31. Sprouts Farmers Market Applies for Building Permit -

3150 Village Shops Drive
Germantown, TN 38138

Project Cost: $1.5 million

Applied: Oct. 14, 2014

32. Purrfect Combination -

Nancy Keen Palmer is worried about Lily and Holly.

The worry doesn’t show, though. Only a bright smile lights her face as Lily, a 6-year-old miniature dachshund-Yorkie mix, and her half-sister, Holly, a 7-year-old Yorkie, take turns climbing into Palmer’s lap and lavishing her with licks.

33. Macon Homes Complex Sells for $800,000 -

500 N. Claybrook St.
Memphis, TN 38104
Sale Amount: $800,000

Sale Date: Aug. 20, 2014
Buyer: Crosstown Macon Homes LLC
Seller: Macon Homes
Details: The 24-unit Macon Homes section 8 apartment complex at 500 N. Claybrook St. in Midtown has sold for $800,000.

34. Eastgate Set for Possible Makeover -

A venerable shopping center in East Memphis could be getting a significant makeover, according to a recent retail market report from CB Richard Ellis Memphis.

Eastgate Center LLC, the owner of Eastgate Shopping Center at Park Avenue and White Station Road in East Memphis, could make significant aesthetic improvements to the retail center beginning this year.

35. Collierville Fred’s Sells for $1.5 Million -

450 U.S. 72
Collierville, TN 38017
Sale Amount: $1.5 million

Sale Date: Dec. 20, 2013
Buyer: Collierville Realty Holdings LLC
Seller: Washington Square Properties (a Tennessee general partnership composed of Thomas W. Taylor, trustee of the Thomas W. Taylor Revocable Living Trust dated April 27, 2000, and Thomas W. Hart)
Loan Amount: $793,000
Loan Date: Dec. 20, 2013
Maturity Date: Dec. 20, 2016
Lender: First Capital Bank
Details: The 19,152-square-foot fred’s retail store at 450 U.S. 72 in Collierville has sold for $1.5 million.

36. CubeSmart Sells Storage Facility for $7.9 Million -

2700 Poplar Ave.
Memphis, TN 38112
Sale Amount: $7.9 million

Sale Date: Nov. 4, 2013
Buyer: WCP/DSSH Holdings 16 LLC
Seller: CubeSmart LP
Details: Wayne, Va.-based self-storage real estate investment trust CubeSmart LP has sold the U-Store-It facility at 2700 Poplar Ave. in the 38112 ZIP code for $7.9 million.

37. CubeSmart Sells Storage Facility for $7.9 Million -

Wayne, Va.-based self-storage real estate investment trust CubeSmart LP has sold the U-Store-It facility at 2700 Poplar Ave. in the 38112 ZIP code for $7.9 million.

38. Developer Buys Land for Somerset Subdivision -

26.3 Acres near Neshoba
And Germantown Roads
Sale Amount: $1.5 million

Sale Date: Oct. 28, 2013
Buyer: Somerset-Exeter GP
Seller: Owen Investments LP
Loan Amount: $2.8 million
Loan Date: Oct. 28, 2013
Maturity Date: Oct. 28, 2016
Lender: Kent Wunderlich
Details: An entity related to Germantown-based developer McNeill Investment Co. has paid $1.5 million for 26.3 acres near the intersection of Germantown and Neshoba roads.

39. CubeSmart Sells Memphis Storage Portfolio for $31.3 Million -

Wayne, Va.-based self-storage real estate investment trust CubeSmart LP has sold 10 local storage facilities to affiliates of Emeryville, Calif.-based Devon Self Storage Holdings LLC.

40. Bass Pro Shops Files $40 Million Permit -

1 A.W. Willis Ave.
Memphis, TN 38103
Permit Cost: $40 million

Project Cost: $150 million

Permit Date: Applied September 2013

Completion: 2014

Owner: City of Memphis

41. Dallas Company Buys Cordova Storage Facility -

The Cordova Stor-N-Lock at 1570 Bonnie Lane has sold for $2.1 million for the second time in four months after facing foreclosure.

42. Kirby Finds Home With Harris Shelton -

When he was in the second grade, Matthew Kirby’s mother was told he needed to either be a lawyer or a preacher.

43. Raleigh Sam’s Club Sells for $11.4 Million -

2150 Covington Pike
Memphis, TN 38128
Sale Amount: $11.4 million

Sale Date: June 25, 2013
Buyer: Realty Income Properties 25 LLC
Seller: Dune SC Sub II LLC
Details: The Sam’s Club at 2150 Covington Pike in Raleigh has sold for $11.4 million to a California investor.

44. Former Ike’s on Summer Sells for $2.7 Million -

4569 Summer Ave. Memphis, TN 38122

Sale Amount: $2.7 million

Sale Date: May 17, 2013

45. Cordova Stor-N-Lock Sells for $2.1 Million -

The Cordova Stor-N-Lock at 1570 Bonnie Lane has sold for $2.1 million following a foreclosure.

Special servicer C-III Asset Management LLC of Irving, Texas, bought the 54,199-square-foot property in an April 26 substitute trustee’s deed from R. Spencer Clift of Baker, Donelson, Bearman, Caldwell & Berkowitz PC, acting on behalf of the lender.

46. Virginia Company Buys Poplar Avenue Retail Property -

7665 Poplar Ave. Germantown, TN 38138

Sale Amount: $2.9 million

Sale Date: April 19, 2013

47. 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.

48. Gen X Inks State’s First Location on Austin Peay -

A trendy Vernon, Calif.-based retailer has inked its first Tennessee location in Austin Peay Plaza.

Gen X Clothing Inc. signed a 35,000-square-foot lease at 3252 Austin Peay Highway. The space was formerly occupied by Big Lots.

49. Corporate Avenue Building Sells for $1.2 Million -

1721 Corporate Ave. Memphis, TN 38132

Sale Amount: $1.2 million

Sale Date: Oct. 26, 2012

50. Millstone Medical Expands Local Operations -

Fall River, Mass.-based Millstone Medical Outsourcing LLC is relocating its Memphis operations to a larger Olive Branch facility to broaden services and capacity.

51. Nursing Home Owner Files $13 Million Loan -

3549 Norriswood Ave.
Memphis, TN 38111

Loan Amount: $13 million

Loan Date: July 13, 2012

52. Amsdell Cos. Buys Two Storage Facilities -

Cleveland-based Amsdell Cos. has bought a pair of storage facilities from Memphis Storage Group LLC for a combined $4.2 million.

53. Aren Buys SE Memphis Warehouse For $1.3M -

Trane U.S. Inc. has sold its parts distribution center in Southeast Memphis for $1.3 million.

Aren Investments LLC of Memphis acquired the 99,375-square-foot distribution warehouse at 4250 Concord Road. The company, which used a 1450 Massey Road address on the Shelby County Register of Deeds, financed the purchase with an $800,000 loan through BancorpSouth Bank. Igal Elfezouaty signed the trust deed as managing member of Aren.

54. Gill Presses on Despite Enduring 4th Recession -

Ray Gill, president of Gill Properties, got into commercial real estate because of his interest in land but now wishes he’d spent some time reading palms and tarot cards.

55. School of Rock to Open Locale in Germantown -

National music store School of Rock will open a location in Germantown next month adjacent to Lane Music, marking a unique partnership from both a synergistic and commercial real estate standpoint.

56. Cargill Files $1.4M Permit App For Pres. Island Storage Bldg. -

2615 Channel Ave.
Memphis, TN 38113

Permit Cost: $1.4 million

Permit Date: Applied March 2012

57. Colliers Signs Baker to First Site in Tenn. -

Colliers International’s industrial team of Andy Cates, Preston Thomas and Mike Driscoll has inked 63 transactions this year. Here’s a rundown on a flurry of recent deals the trio has brokered.

58. Lightman Entity Buys Sanderlin Centre -

5101 Sanderlin Ave.
Memphis, TN 38117
Sale Amount: $5.3 million

Sale Date: Nov. 1, 2011

59. Cordova Self-Storage Facility Financed for $2.8 Million -

Salt Lake City-based Extra Space Properties Thirty LLC, an affiliate of Extra Space Storage Inc., has filed a $2.8 million loan through Bank of America NA for a storage facility at 7954 Patriot Cove in Cordova. The transaction is part of an amended $75 million revolving line of credit Extra Space Properties has through Bank of America, filed in 2009.

60. Bartlett Storage Facility Sells for $3 Million -

Olive Branch-based Memphis Storage VI LP has bought a self-storage facility at 8036 U.S. 70 from James C. Hise Jr. and Brenda L. Hise for $3 million. The transaction closed Oct. 25. It was financed by a $2.2 million loan through SunTrust Bank that was filed the same day and matures in November 2016.

61. Defense Depot Property Sells for $1.1 Million -

2085 W.E. Freeman Drive
Memphis, TN 38114
Sale Amount: $1.1 million

Sale Date: Sept. 14, 2011

Buyer: Varma Family LP

62. Local Investors Buy SE Memphis Office Condos -

A portfolio of office condominiums in Southeast Memphis have sold to a group of local investors.

Winchester Office Plaza at 5501, 5507 and 5489 Winchester Road has sold to QSM Holdings LLC for $273,333.

63. MC Ionic Solutions US Begins Work on Fite Rd. Site -

2665 Fite Road
Memphis, TN 38127
Permit Amount: $1.3 million

Permit Date: Applied July 2011

64. Smith & Nephew Files Permit For Goodlett Farms Building -

7135 Goodlett Farms Parkway
Cordova, TN 38016
Permit Amount: $8 million

65. Renovations Begin at Pinnacle Headquarters -

40 S. Main St.
Memphis, TN 38103
Permit Amount: $8.7 Million

Project Cost: $8.7 million
Permit Date: Applied February 2011
Owner: Memphis Commerce Square Partners
Tenant: Pinnacle Airlines Corp.
Contractor: Grinder, Taber & Grinder Inc.

66. IBERIABANK Files $2.5 Million Permit -

4894 Poplar Ave.
Memphis, TN 38117
Permit Amount: $2.5 million

Project Cost: Applied January 2011
Completion: Fall 2011
Owner: IBERIABANK
Tenant: IBERIABANK
Contractor: Webb Building Corp.
Architect: Chrestia Staub Pierce Inc.

67. Mt. Zion Upgrades to Larger Church in Frayser -

Two Memphis area churches have closed on a deal that’s been in the pipeline for about a year and a half.

Mt. Zion Baptist Church, 1280 Stonewall St., bought the 36,000-square-foot church at 1621 Dellwood Ave. in Frayser from Schoolfield United Methodist Church Inc. for $500,000.

68. Civil Rights Museum Files Permit for Phase One Redesign -

450 Mulberry St.
Memphis, TN 38103
Permit Amount: $1 million

Permit Date: Applied January 2011
Owner: State of Tennessee
Tenant: National Civil Rights Museum Foundation
Architect: Self Tucker Architects Inc.

69. Soft Surge -

Self-serve frozen yogurt shops have popped up en masse across the Mid-South in recent months, with the latest batch coming online soon.

The newest addition to the market, Gracie Bleu, opened its doors last week.

70. D. Canale Site Sells as Part of Hand Purchase -

45 E.H. Crump Blvd.
Memphis, TN 38106
Sale Amount: $4 million

Sale Date: Sept. 24, 2010
Buyer: The Hand Family Realty Co. LLC
Seller: D. Canale Beverages LLC
Loan Amount: $48.4 million
Loan Date: Sept. 27, 2010
Maturity Date: n/a
Lender: Branch Banking and Trust Co.

71. G'Town Storage Breaks Ground On Facility -

Germantown Storage has filed a $1.2 million building permit application with the city-county Office of Construction Code Enforcement for a new facility at 3275 Hacks Cross Road.

72. $5.3M Permit Application Filed for Soulsville Charter School -

1115 College St.
Memphis, TN 38106
Permit Amount: $5.3 million

Project Cost: $5.3 million for phase one
Permit Date: Applied September 2010
Completion: July 2011
Owner: Soulsville Foundation
Tenant: Soulsville Charter School
Contractor: Looney Ricks Kiss
Architect: Flintco Inc.

73. Winbranch Apartments Sell for $2.4 Million -

3595 Millbranch Road
Memphis, TN 38116
Sale Amount: $2.4 million

Sale Date: Sept. 7, 2010
Buyer: Winbranch Realty Partners LLC
Seller: LBUBS 2004-C4 Millbranch Road LLC
Loan Amount: $975,000
Loan Date: Sept. 7, 2010
Maturity Date: Sept. 1, 2011
Lender: The Leshum Group LLC

74. Germantown Storage Buys Vacant Land in Fieldstone -

Germantown Storage LLC has bought part of a 5.2-acre vacant parcel west of Hacks Cross Road from Players Crossing Partners LLC for $300,000. The sale was financed with a $1.3 million construction loan through Renasant Bank, with the note maturing in September 2030.

75. Blues Foundation Eyes Permanent Digs -

The Blues Foundation, the organization that keeps Memphis at the forefront of the music genre, wants a lasting home in the city.

Since its founding in 1980, the organization has operated from either donated or rented space. Its current location at 49 Union Ave. is big enough for offices and storage but not much else.

76. DriveTime Car Sales Buys Former Bud Davis Dealership -

2177 Covington Pike
Memphis, TN 38128
Sale Amount: $1.3 million

Sale Date: Aug. 13, 2010
Buyer: DriveTime Car Sales Co. LLC
Seller: First Tennessee Bank NA

77. Methodist Le Bonheur Healthcare Buys Sutherland Cardiology Clinic -

7460 Wolf River Blvd.
Germantown, TN 38138
Sale Amount: $13.3 Million

Sale Date: July 1, 2010
Buyer: Methodist Healthcare-Memphis Hospitals
Seller: The Sutherland Cardiology Clinic Rental Co. LLC

78. Soul Fish Café Owners Buck Economic Trends -

When Soul Fish Café opened in the Cooper-Young neighborhood in 2006, few people, including its owners, could have predicted its success.

Now Raymond Williams and Tiger Bryant have opened a second Soul Fish Café in Germantown, an optimistic move that might seem to run counter to the prevailing economy, but Williams said, “Despite the recession, our sales were up 20 percent in 2009,” a year that was rife with the closing of local restaurants.

79. Mr. Ching's Opus -

Songs of farewell are staples of operatic repertoire, but supporters of Opera Memphis soon will be singing a new lament.

Earlier this month, artistic and general director Michael Ching, whose leadership of the company spans nearly two decades, announced his resignation.

80. Lightman Files Permit for Retail Center -

7706 Winchester Road
Memphis, TN 38125
Permit Amount: $1 Million

Project Cost: $3 million
Permit Date: Applied January 2010
Completion: Late summer
Owner: Michael Lightman Realty LLC
Tenant: TBD
Contractor: Linkous Construction Co. Inc.
Architect: Al Davidson of Davidson LLC

81. Ex-Senator’s Office Furniture in Legal Limbo -

NASHVILLE (AP) – Office furniture former state Sen. Paul Stanley bought with campaign money is sitting in legal limbo in a legislative storage space.

82. Dollar General Coming To James Road in Raleigh -

3609 James Road
Memphis, TN 38128
Permit Amount: $497,000

Project Cost: $497,000
Permit Date: Applied September 2009
Completion: TBA
Owner: SW Properties LLC
Tenant: Dollar General Corp.
Contractor: SW Properties LLC
Architect: N/A

83. Storage Company Transfers Two Locales -

U Store It, a national owner and operator of self-storage facilities, on Sept. 16 quitclaimed – or transferred – its properties at 3686 S. Germantown Road in Southeast Shelby County and 3040 Austin Peay Highway in Raleigh to its trust division, which operated in the transaction as YSI XXXXI LLC.

84. U Store It Buys Germantown Home -

Alexandria, Va.-based U Store It, a national owner and operator of self-storage facilities, has bought a 5,744-square-foot home on Belle Fleurs Cove in Germantown. Operating as U Store It LP, the company on Aug. 19 paid $985,000 for the home from Jonathan L. and Angela J. Perry.

85. New Building Slated for Hickory Hill Dialysis and Vascular Surgery Center -

6490 Mount Moriah Road Ext.
Memphis, TN 38115
Permit Amount: $1.1 Million

Project Cost: $1.1 million
Permit Date: Applied June 2009
Completion: Autumn 2009
Owner: DH MR Partners
Tenant: Mid-South Nephrology Consultants
Contractor: S. Webster Haining & Co.
Architect: Christopher Kidd & Associates LLC

86. Eads Co. Buys G’Town Land, Files $1.1 Million Loan -

An Eads-based company called Germantown Storage LLC has bought three parcels totaling 9.84 acres in Germantown for a combined $688,000 and subsequently filed a $1.1 million construction loan through Renasant Bank for the property. The seller was Grace Evelyn Griffin, trustee of the Grace N. Gower Marital Trust, and the trio of sales closed in mid-May.

87. John Daly’s Home Foreclosed, Sold on Courthouse Steps -

9844 Legends Drive
Germantown, TN 38139
Sale Amount: $1.2 Million

Sale Date: Feb. 5, 2009
Buyer: Regions Bank
Seller: J. Phillip Jones, Substitute Trustee

88. Sarah Cannon Institute Opens Research Center -

The Nashville-based Sarah Cannon Research Institute has opened a new research center at 8000 Wolf River Road in Germantown.

89. 10-Acre Cordova Industrial Site Sells -

A 10-acre heavy industrial site at 9373 Macon Road in Cordova has sold for $650,000 to an entity called Macon Road Holdings LLC. The property was sold at an absolute auction in August, although the sale didn’t close until Sept. 12. Duke Forest Products LP was the seller.

90. Cordova Industrial Site Bound for Auction -

It’s not every day that a 10-acre industrial site is put on the auction block – selling absolute to the highest bidder, no less – but a Cordova property zoned for heavy industrial use and about 80 percent occupied goes to bid next week.

91. Mercedes Benz of Memphis To Renovate Dealership -

5389 Poplar Ave.
Memphis, TN 38119
Permit Cost: $2 million

Project Cost: $3 million
Permit Date: July 24, 2008
Completion: Spring 2009
Owner: Mercedes Benz of Memphis
Tenant: Mercedes Benz of Memphis
Architect: Fleming and Associates LLP
Contractor: Montgomery Martin Contractors LLC
Details: Mercedes Benz of Memphis will do a renovation of its location on Poplar Avenue just east of Estate Drive. Richard Meena, vice president of Montgomery Martin Contractors, said they will be adding a new showroom and a new car wash, as well as performing general site work improvements, including some additions to the parking lot.

92. Archived Article -

63 lots in
The Vinings
Sale Amount: $6 million

Sale Date: Dec. 26, 2007

Buyer: RAM Holdings LLC

93. Hard-Hat Area -

GROUNDBREAKING ANTICIPATION: Students at St. George’s Memphis, 3749 Kimball Ave., eagerly await Friday’s groundbreaking for a $4 million expansion of the campus. It will provide new classrooms, offices, storage, a gymnasium and a dining area. The Memphis campus, which serves students in prekindergarten through fourth grade, was founded in 2001 and opened as part of a capital campaign to expand the mission of St. George’s Independent School. St. George’s has campuses in Memphis, Germantown and Collierville.

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94. Events -

Talk Shoppe will present Jay Cooper of Cooper Moving and Storage today from 9 a.m. to 10 a.m. at the Better Business Bureau of the Mid-South, 3693 Tyndale Drive. Cooper will speak on "How to Surround Yourself with the Right People to Ensure Your Business Success." The event is free and open to the public. Contact Jo Garner at 482-0354 or jo.garner@comcast.net.

95. Events -

The National Association of Women Business Owners will host "Our Journey: The Road to Success" today from 11:30 a.m. to 1:30 p.m. at The Crescent Club, 6075 Poplar Ave. RSVP to 844-3738.

The Memphis Rotary Club will meet today at noon in The Cannon Center for the Performing Arts, 255 N. Main St. The event is $18. RSVP to Taylor Hughes at 526-1318 or taylor@memphisrotary.org.

96. Archiver's Brings Memory Business to Town -

Those people with shoeboxes full of old photographs stuffed under their beds or in other nooks and crannies of their homes soon will find a new business in town that can help them find creative ways to preserve and display those memories.

97. Archived Article -

5668 Poplar Ave. and
1000 S. Yates Road
Sale Amounts: $23.9 million; $350,000

Sale Date: May 22, 2007

98. Archived Article -

1645 W. Massey Road
Memphis, TN 38120
Sale Amount: $19.7 million

Sale Date: Jan. 12, 2007

Buyer: WC-Memphis LLC

99. Archived Article -

7930 N. Germantown Parkway
Memphis, TN 38018
Sale Amount: $41 million

Sale Date: Dec. 14, 2006

Buyer: New Plan of Memphis Commons LLC

100. Able to Exhale -

The bulldozers and construction teams that build the sprawling estates in Arlington, the condominiums in Downtown Memphis, infill housing elsewhere in the city and expensive new homes in all the suburbs that surround Memphis got something of a breather this year.