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Editorial Results (free)

1. Granting Wishes -

Make-A-Wish Foundation of the Mid-South plans to grant 220 wishes to children with life-threatening medical conditions this year.

On Thursday, May 24, the Memphis Area Association of Realtors Commercial Council was able to witness one of those wishes being granted firsthand at Windyke Country Club, as well as donate enough funds to share the power of three additional wishes.

2. Highwoods Properties' Q1 Net Income Rises -

Highwoods Properties Inc.’s first-quarter net income was $16.7 million – up from $10.1 million during the same period last year – the Raleigh, N.C.-based real estate investment trust announced Wednesday, May 2, in its Q1 earnings conference call.

3. Monroe Ave. Bldg. Sells For $3.3M -

A fully leased Downtown office building has traded hands for more than twice its assessed value.

309 Monroe Property LLC purchased the 22,792-square-foot property at 309 Monroe Ave. for $3.3 million. The Shelby County Assessor of Property’s 2011 appraisal was $1.5 million.

4. Grinding it Out -

After most recessions, real estate bounces back.

But the Great Recession has been notably different – long, deep and very prolonged.

That’s the message Dr. John Gnuschke, director of the Sparks Bureau of Business and Economic Research and co-director of the Center for Real Estate at the University of Memphis, delivered in December at the Urban Land Institute’s Real Estate Outlook for the Mid-South.

5. Highwoods Properties’ Q2 Funds Down to $45.8 Million -

Highwoods Properties Inc.’s second-quarter funds from operations was $45.8 million – down from $48.7 million during the same period last year – the company announced Thursday, July 28, in its second-quarter earnings conference call.

6. Sustainable Real Estate to be Subject of Conference -

Planners of an upcoming conference are hoping to put Memphis on the map even more so than it already is.

The Conference On Sustainable Real Estate is slated for March 24 to 26 at the University of Memphis. The conference – modeled after a similar program offered by the Massachusetts Institute of Technology – brings to Memphis internationally recognized leaders on sustainable real estate, land economics, land planning and Leadership in Energy and Environmental Design, or LEED, construction procedures.

7. Apperson Crump Continues Legacy With Growth -

These days, there’s a lot that’s new at the city’s oldest continuously operating law firm.

Developments within the past few weeks at Apperson Crump, a venerable firm founded the same year the U.S. Civil War ended, include new attorney hires, the acquisition of another law firm and the development of an affiliation for referral work with yet another firm.

8. Apperson Crump Acquires Smith-Kimbrough & Assoc. -

Apperson Crump PLC – the oldest continuously operating law firm in Memphis – has announced its acquisition of Smith-Kimbrough & Associates PC.

Cecil Smith, founder of Smith-Kimbrough & Associates, will become a partner at Apperson Crump, and in turn, Apperson Crump will inherit Smith-Kimbrough’s offices in Nashville and Oxford, Miss.

9. MAAR Commercial Council Elects Skopp President -

The Memphis Area Association of Realtors Commercial Council has elected Irvin Skopp of Belz Realty Co. as the 2009 board of directors’ president and Wyatt Aiken of Commercial Advisors as 2009 president-elect.

10. Highwoods Properties Acquires PennMarc Building -

Highwoods Properties Inc., operating as Highwoods Realty LP, has bought the PennMarc office building at 6401 Poplar Ave. for $14.5 million.

11. Highwoods PropertiesAwarded Southwind Lease -      Highwoods Properties has been awarded a build-to-suit lease in the Southwind area by Comcast Corp.
     The 62,000-square-foot building will sit on a 6.3-acre tract of land at the corner of P

12. Highwoods Properties Plans $27 Million Project -      Highwoods Properties plans to launch a $27 million office building on its 10-acre campus at Poplar Avenue and Shady Grove Road.
     The company, which is based in Raleigh, N.C., is set to c

13. Archived Article: Daily Digest - Holiday Inn Property

Holiday Inn Property

Sells for $12 Million

HH HPTCW II Properties LLC has purchased a Holiday Inn property at 5795 Poplar Ave. near Interstate 240 for $12 million, according to The Daily News Public Records Database, ww...

14. Archived Article: Focus (reits) - REITs make a comeback in 2001 Real estate investment trusts make steady investments in 2001 By MARY DANDO The Daily News In the merry-go-round world of bears and bulls and stocks and bonds, glamour stocks involving biotechnology and dot-com companie...

15. Archived Article: Real Briefs - Highwood Properties Inc Highwood Properties Inc. reported that for the third quarter ended Sept. 30, funds from operations totaled $61.1 million or 86 cents per diluted share, a 3.6 percent increase on a per-share basis over the $57.1 million or 83 ...

16. Archived Article: Real Briefs - Equity Inns Inc Equity Inns Inc. announced quarterly dividends of 31 cents per share of common stock and about 59 cents per share of preferred stock for the quarter ending June 30. The common stock dividend is payable on Aug. 2, and the preferred st...

17. Archived Article: Real Briefs - Mid-America Apartment Communities Inc Mid-America Apartment Communities Inc. has sold the 212-unit Redford Park Apartment Community in Conroe, Texas, for $5.8 million. President Eric Bolton said the property did not have the growth potential the com...