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Editorial Results (free)

1. 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

2. Cordova Wingate Sells for $6 Million -

A Cordova hotel has sold for $6 million.

Amber Hospitality LLC purchased the Wingate by Wyndham hotel from Tirupati LP in a May 5 warranty deed. The three-story hotel, built in 1998 at 2270 North Germantown Parkway, bears 55,932 square feet, according to the Shelby County Assessor of Property. It most recently was appraised at $2.6 million.

3. Cordova Wingate Sells for $6 Million -

A Cordova hotel has sold for $6 million.

Amber Hospitality LLC purchased the Wingate by Wyndham hotel from Tirupati LP in a May 5 warranty deed. The three-story hotel, built in 1998 at 2270 North Germantown Parkway, bears 55,932 square feet, according to the Shelby County Assessor of Property. It most recently was appraised at $2.6 million.

4. Memphis Consultant Says Airport Area ‘Gone’ for Hotel Development -

One of the last remaining hotels near Memphis International Airport has sold in foreclosure for the second time in less than five years.

Chuck Pinkowski, a local hotel consultant with Pinkowski & Co., said that a multimillion-dollar renovation couldn’t save the Holiday Inn from a declining hotel market.

5. Strickland’s First Budget Includes Police Raise -

Memphis Mayor Jim Strickland presents his first budget proposal Tuesday, April 19, to the Memphis City Council just four months after taking office as mayor.

6. Lawmakers Lure Us In With Momentary Sanity, And Then... -

Just when it appears the Tennessee Senate is made up of sensible people – as evidenced by the killing of de-annexation legislation – the body is changing course with a Bible-thumping measure.

7. City Council Considers Frayser Truck Stop -

Memphis City Council members vote Tuesday, March 1, on a 20.8-acre convenience store, hotel, restaurant and truck wash at the Hollywood Street and Interstate 40.

The development by Hospitality Builders of America Inc. is on the site of the old Treasury department store.

8. Homewood Suites Proposed For Vance Area of South Main -

A six-story Homewood Suites hotel is the latest new development proposed in the South Main Historic District.

The application to the Land Use Control Board for the hotel at 139 Vance Ave., between Mulberry and Second streets, is from NPH Investments on a lot owned by Henry and Cheri Rudner. The proposed site sits two blocks north of the National Civil Rights Museum and three blocks south of FedExForum.

9. Apartment Association Awards Take Place Jan. 8 -

The Apartment Association of Greater Memphis will host the 11th annual Diamond Achievement Awards on Jan. 8.

Over 500 members are expected to attend as the industry’s top professionals are honored in over 40 award categories.

10. Apartment Association Awards Taking Place Jan. 8 -

The Apartment Association of Greater Memphis will host the 11th annual Diamond Achievement Awards on Jan. 8.

Over 500 members are expected to attend as the industry’s top professionals are honored in over 40 award categories.

11. Holiday Inn Express Ready To Rise Near Graceland -

3411 Elvis Presley Blvd.
Memphis, TN 38116

Loan Amount: $4.8 million

12. New Holiday Inn Express Rising Near Graceland -

Holiday Inn Express and Suites is ready to shake up the Graceland area with a $4.8 million construction loan recently arranged by the Memphis office of Financial Federal Bank.

13. New Holiday Inn Express Rising Near Graceland -

Holiday Inn Express and Suites is ready to shake up the Graceland area with a $4.8 million construction loan recently arranged by the Memphis office of Financial Federal Bank.

14. LEDIC’s High-Tech HQ To Be LEED Certified -

LEDIC’s new East Memphis headquarters will aim for a LEED-certified silver status and bring high-speed fiber optic Internet to the area, according to documents recently submitted to the Memphis-Shelby County Economic Development Growth Engine.

15. FrontDesk Connect Brings Concierge to App -

Imagine toting luggage up a hotel elevator and down a corridor to the room, only to find that the key doesn’t work. Carrying bags back down to the lobby to get a new key is an inconvenience at best and downright pain at worst, especially if carrying a couple of bags, maybe a cranky child or two and hurrying to head back out on the town for dinner.

16. Craving Cooper-Young -

If a neighborhood can be said to possess whatever the real estate equivalent is of that new car smell – a sense that there’s something new here to enjoy, of possibilities, of happy things to come – Cooper-Young would seem to have that, in spades.

17. Koonce Joins Sedgwick Client Services -

Sedgwick Claims Management Services Inc. has added K. Max Koonce II as senior vice president of client services for its casualty retail business unit. Koonce, an attorney by trade, comes to Sedgwick from Wal-Mart Stores Inc., where he was senior director of risk management. He simultaneously served as president of Claims Management Inc., Wal-Mart’s wholly owned third-party administrator.

18. $9.5 Million Permit Filed For Downtown Hotel -

310 Union Ave.
Memphis, TN 38103

Permit Cost: $9.5 million

Permit Date: Applied August 2015

19. Lenox Park Courtyard Sells for $8.1 Million -

The Lenox Park Courtyard by Marriott, at 3076 Kirby Parkway in East Memphis, has sold for $8.1 million.

20. $9.5 Million Permit Filed for New Downtown Hotel -

GCG Hospitality Inc. has pulled a $9.5 million building permit for a one-acre site at 310 Union Ave. it purchased in January.

21. $9.5 Million Permit Filed For New Downtown Hotel -

GCG Hospitality Inc. has pulled a $9.5 million building permit for a one-acre site at 310 Union Ave. it purchased in January.

22. $9.5 Million Permit Filed for New Downtown Hotel -

GCG Hospitality Inc. has pulled a $9.5 million building permit for the one-acre site at 310 Union Ave. it purchased in January.

23. Lenox Park Courtyard Sells for $8.1 Million -

The Lenox Park Courtyard by Marriott, at 3076 Kirby Parkway in East Memphis, has sold for $8.1 million.

24. Hillwood Pays $17.7 Million for FedEx SupplyChain Facility -

5050 E. Holmes Road and 0 Lamar Ave.
Memphis, TN 38118
Sale Amount: $17.7 million

25. Whitehaven Motel Sells for $1.5 Million -

Springbrook Hospitality LLC, a Tennessee limited liability company, purchased the America’s Best Value Inn & Suites located at 1360 Springbrook Avenue on June 2.

26. Whitehaven Motel Sells for $1.5 Million -

Springbrook Hospitality LLC, a Tennessee limited liability company, purchased the America’s Best Value Inn & Suites located at 1360 Springbrook Avenue on June 2.

27. Solana Senior Living Facility Sells for $65.5 Million -

8199 Poplar Ave.
Germantown, TN 38138

Sale Amount: $65.5 million

Sale Date: May 27, 2015

28. Mannis’ Hard Work Pays Off for Himself, Others -

Eddie Mannis, Knoxville businessman, entrepreneur, volunteer and donor, grew up understanding the value of hard work.

He says he knew it would be the defining factor in his life.

That standard has seen his company, Prestige Cleaners/Prestige Tuxedo, grow from a start-up using 30-year-old dry cleaning equipment to a business with a state-of-the art facility in North Knoxville.

29. The Solana Germantown Bought for $65.5 Million -

An affiliate of a Fortune 500 real estate investment trust has bought a senior living facility in Germantown for nearly $65.5 million.

HCP Germantown LLC, an affiliate of health care-focused real estate investment trust HCP, bought The Solana Germantown facility at 8199 Poplar Ave. in Germantown from FSP-Germantown, an affiliate of Brookdale Senior Living, according to a May 27 warranty deed.

30. Backsplash -

In the beginning, there was Splash – the first legal casino in Tunica County following the Mississippi Legislature’s passage of the 1990 law legalizing “dockside” casinos in the state.

31. Daisy King Still Serving Tearoom Favorites -

Like a proper Southern hostess, Daisy King of Miss Daisy’s Tearoom had trouble turning on the “closed” sign. If guests wanted to snag a table after hours, she couldn’t help but oblige.

32. Sounds Like a Hit for Neighbors -

For months, sounds of construction surrounded the Nashville Sounds’ sparkling new First Tennessee Park in Germantown.

The constant thump-thump-thump of pounding jackhammers competed with the irritating, high-pitched beeps of vehicles backing up. Ka-ching! Cranes lifted steel beams into place, keeping time with a syncopated thrumming of never-ending drilling. Ka-ching!

33. Bristol on Union, Crowne Plaza Poised For Sales -

Two key pieces of commercial real estate – one Downtown and one in the Memphis Medical District – are poised to trade hands.

A joint venture between New York-based DRA Advisors LLC and Memphis-based Fogelman Properties LLC have entered into an agreement to acquire the 220-unit Bristol on Union apartment community at Union Avenue and Interstate 240 from Sentinel Real Estate Corp, which has owned and operated the property since 2006.

34. Bristol on Union, Crowne Plaza Memphis Poised for Sales -

Two key pieces of commercial real estate – one Downtown and one in the Memphis Medical District – are poised to trade hands.

A joint venture between New York-based DRA Advisors LLC and Memphis-based Fogelman Properties LLC have entered into an agreement to acquire the 220-unit Bristol on Union apartment community at Union Avenue and Interstate 240 from Sentinel Real Estate Corp, which has owned and operated the property since 2006.

35. REIT Acquires Three Hotels for $39.6 Million -

7905 Giacosa Place, 5320 Poplar Ave. and 7855 Wolf River Boulevard
Memphis, TN
Sale Amount: $39.6 million

36. REIT Acquires Three Hotels for $39.6 Million -

A New York-based real estate investment trust has acquired three hotels in the Memphis area for $39.6 million.

ARC Hospitality Portfolio I Owner LLC, an affiliate of American Realty Capital Hospitality Trust Inc., acquired the three properties from W2007 Equity Inns Realty LLC.

37. Workforce Group Elects Downtown for Office -

The Greater Memphis Alliance for a Competitive Workforce has found a headquarters location Downtown, leasing 2,967 square feet at the One Commerce Square office tower.

The alliance aims to produce a united regional workforce development system by generating extensive workforce data, creating a pipeline of ready-to-work employees, crafting career roadmaps for workers and students and helping meet the near-term employment needs of local employers.

38. REIT Acquires Three Hotels For $39.6 Million -

A New York-based real estate investment trust has acquired three hotels in the Memphis area for $39.6 million.

ARC Hospitality Portfolio I Owner LLC, an affiliate of American Realty Capital Hospitality Trust Inc., acquired the three properties from W2007 Equity Inns Realty LLC.

39. Raleigh Sleep Inn Hotel Sells for $1.5 Million -

AIS Hospitality Inc. has acquired a Sleep Inn hotel for $1.5 million.

AIS Hospitality acquired the 70-room hotel at 2855 Old Austin Peay Highway in Memphis from Anavil LLC, according to a March 16 warranty deed. The purchase price breaks down to $21,428 per room.

40. New Tigers Indoor Football Facility Nears Kick-Off -

1115 E. Getwell Loop
Memphis, TN 38152
Permit Amount: $15 million

Permit Application Date: March 2015
Architect: Fleming Architects
Contractor: Grinder, Taber & Grinder Inc.
Details: The long-awaited goal of an indoor practice facility for the University of Memphis football team is becoming a reality.

41. Raleigh Sleep Inn Hotel Sells for $1.5 Million -

AIS Hospitality Inc. has acquired a Sleep Inn hotel for $1.5 million.

AIS Hospitality acquired the 70-room hotel at 2855 Old Austin Peay Highway in Memphis from Anavil LLC, according to a March 16 warranty deed. The purchase price breaks down to $21,428 per room.

42. Highland Row Developer Approved for $11 Million Permit -

395 S. Highland St.
Memphis, TN 38111
Permit Amount: $11 million

Project Cost: $61 million
Permit Approval Date: March 2015
Owner: Highland Row LLC
Contractor: Milhaus Construction LLC
Details: The developer of the mixed-use Highland Row project won approval for an $11 million building permit from the city-county Office of Construction Code Enforcement.

43. REIT Pays $32.4 Million for East Memphis Hotel -

A Dallas-based hotel real estate investment trust has acquired the Marriott Memphis East hotel in East Memphis for $32.4 million.

Ashford Memphis LP, which is affiliated with Dallas-based Ashford Hospitality Trust, bought the 232-room hotel, located at Poplar and I-240, from Noble I Memphis LLC, according to a Feb. 25 warranty deed. The purchase price breaks down to roughly $139,655 per room.

44. REIT Pays $32.4 Million for East Memphis Hotel -

A Dallas-based hotel real estate investment trust has acquired the Marriott Memphis East hotel in East Memphis for $32.4 million.

Ashford Memphis LP, which is affiliated with Dallas-based Ashford Hospitality Trust, bought the 232-room hotel, located at Poplar and I-240, from Noble I Memphis LLC, according to a Feb. 25 warranty deed. The purchase price breaks down to roughly $139,655 per room.

45. Point in Time -

About three years ago, what amounts to a very informal census of the city’s homeless – those without shelter – counted 259 people, with 135 of them being deemed the most vulnerable for harm if they remained homeless.

46. Comfy Camping -

The way Andy Cates explains it, camping out hasn’t changed a lot in about half a century.

And while “roughing it” appeals to many of those in search of outdoors experiences, for others – sometimes in the same family – it doesn’t or it isn’t possible.

47. Planned Downtown Hotel Features Urban Design -

A new rendering of a proposed LaQuinta Inn & Suites hotel at Union Avenue and Danny Thomas Boulevard Downtown shows a more urban design than a previous stock rendering sent to city and county planners.

48. Another Downtown Hotel Could Be On the Way -

A Memphis businessman is proposing a suburban-style hotel in the heart of Downtown Memphis while Swedish furniture retailer Ikea moves forward with plans for its first Memphis-area store.

Gopal Govan is seeking a special use permit from the city-county Land Use Control Board to build the four-story, 104-room LaQuinta Inn & Suites hotel on the site of the former New York Suit Exchange at 310 Union Ave., located at Union and Danny Thomas Boulevard. The Land Use Control Board meets Thursday, Feb. 12.

49. $42 Million Permit Filed For Target Fulfillment Center -

5461 Davidson Road
Memphis, TN 38118
Permit Amount: $42 million

50. 2 Hospitality Companies Buy Union Ave. Sites -

A hospitality company has acquired a key piece of Downtown property for $440,000.

Suna Hospitality LLC purchased the office building at 400 Union Ave. Downtown from Judy Sossaman Brantley, according to a Jan. 12 warranty deed. The property, formerly home to Sullivan Branding after cs2 and Thompson & Co. merged, is strategically located on the north side of Union between South Lauderdale Street and Danny Thomas Boulevard.

51. EDGE Approves Ikea Incentives -

Swedish furniture retailer Ikea has been awarded an 11-year tax break to develop a $64 million store near Interstate 40 and Germantown Parkway that is expected to employ 175 people.

The board of the city-county Economic Development Growth Engine on Wednesday, Jan. 21, approved the controversial payment-in-lieu-of-taxes incentive on an 8-1 vote. Larry Jackson voted against the measure.

52. Hospitality Company Buys 400 Union -

A hospitality company has acquired a key piece of Downtown property for $440,000.

Suna Hospitality LLC purchased the office building at 400 Union Ave. Downtown from Judy Sossaman Brantley, according to a Jan. 12 warranty deed. The property, formerly home to Sullivan Branding after cs2 and Thompson & Co. merged, is strategically located on the north side of Union between South Lauderdale Street and Danny Thomas Boulevard.

53. Hotel Owner Buys Union Avenue Property -

A business affiliated with a local hotel operator has purchased a key piece of Downtown real estate.

GCG Hospitality Inc. has purchased the property at 310 Union Ave., located at Union and Danny Thomas Boulevard, from Sandy and Sage LLC for $1.2 million, according to a Jan. 13 warranty deed.

54. Executive Inn Demolition Long Time Coming -

The old Executive Inn hotel on Airways Boulevard where Brooks Road dead ends is the latest problem vacant property to be demolished and touted by Memphis Mayor A C Wharton Jr. as another step in his administration’s anti-blight effort.

55. Rental Showdown -

Tiffany H., 43, has found the perfect way to make money. It’s close to home, easy-to-manage and gives her the flexibility she needs as a busy mom shuttling two children back and forth to two different schools each day.

56. Music Takes Center Stage for Nashville's New Year’s Eve -

Cynics and service industry folks might call it “amateur night.” And one can hardly blame them as New Year’s Eve can turn even the most unassuming guest into a rowdy reveler for a night.

57. Highland Row Developer Applies for $6.7 Million Permit -

387 S. Highland St.
Memphis, TN 38111
Permit Amount: $6.7 million

Project Cost: $61 million
Application Date: November 2014
Engineer: Jordan & Skala Engineers
Details: Indianapolis-based developer Milhaus Ventures has applied for another building permit for the long-awaited Highland Row project near the University of Memphis.

58. Courtyard Memphis East Sells for $11.7 Million -

Another East Memphis hotel has been sold, this one fetching $11.7 million.

The sale was part of a larger $1.1 billion deal New York City-based NorthStar Realty Finance Corp. announced in September to acquire 52 hotels across the country.

59. Courtyard Memphis East Sells for $11.7 Million -

Another East Memphis hotel has been sold, this one fetching $11.7 million.

The sale was part of a larger $1.1 billion deal New York City-based NorthStar Realty Finance Corp. announced in September to acquire 52 hotels across the country.

60. Courtyard Memphis East Fetches $11.7 Million -

The Courtyard Memphis East/Park Avenue has sold for $11.7 million as part of New York-based NorthStar Realty Finance Corp.'s $1.1 billion acquisition of 52 hotels nationwide.

61. Mississippi Company Waited Years to Acquire The Horizon -

Walker Thrash, principal of Dawn Properties Inc., first heard about The Horizon shortly after work on the ambitious condominium tower overlooking the Mississippi River ground to a halt in 2009.

62. Airbnb, Other In-Home Vacation Rentals Face Rules, Taxes -

When Hume-Fogg teacher Elizabeth Smith and her husband became empty-nesters, they talked about downsizing.

63. Room for Growth -

Sardor and Gulam Umarov are used to fighting battles with seemingly long odds.

Between 2005 and 2009, the brothers waged a high-profile human rights campaign against the authoritarian government in their native Uzbekistan for the release of their father, Sanjar Umarov, a Germantown businessman thrown into prison for opposing the regime.

64. HipD: Donelson Finds Its Cool Side -

The tag “Hip Donelson” evoked plenty of snickers, eye rolls and snarky comments when it first appeared. After all, the local joke goes, Donelson’s known for hip replacements – not hipsters.

65. Graceland Hotel Designed by Memphis Talent -

When designing a hotel that effectively expands the footprint of the most famous home in Memphis, it shouldn’t come as a surprise that the design team for the project is stacked with local talent.

Memphis-based architecture firm Hnedak Bobo Group worked with Elvis Presley Enterprises for years to study and research the hotel project, which entails building a 450-room resort-style hotel called the Guest House at Graceland north of Presley’ Graceland mansion in Whitehaven.

66. Westin Memphis Honored for Community Service -

When an F-5 tornado tore through Angela Copeland’s hometown of Moore, Okla., last year, she initially felt helpless.

67. Developer Files Permit for Graceland-Area Hotel -

3411 Elvis Presley Blvd.
Memphis, TN 38116
Permit Cost: $3.5 million

68. Hotel Owner Files $3 Million Loan -

The new owner of the Inn at Thousand Oaks hotel at 2700 S. Perkins Road in Parkway Village has filed a $3 million loan on the property.

69. Ni Hao, Y'all: US Hinterlands Woo Chinese Firms -

PINE HILL, Ala. (AP) – Burdened with Alabama's highest unemployment rate, long abandoned by textile mills and furniture plants, Wilcox County desperately needs jobs.

They're coming, and from a most unlikely place: Henan Province, China, 7,600 miles away.

70. Redmont Joins HORNE as Tax Consulting Manager -

Richard Redmont has joined HORNE LLP as a tax consulting manager. Redmont, a certified public accountant, has more than 25 years of tax and consulting experience with international firms in the accounting and insurance industries, and has served clients in the manufacturing, retail, distribution, health care and financial services industries. He also served on a national Sarbanes-Oxley team for an international firm.

71. Perkins Hotel Sells After Foreclosure -

2700 S. Perkins Road
Memphis, TN 38118
Sale Amount: $2.2 million

Sale Date: May 23, 2014
Buyer: HC Memphis LLC
Seller: Douglas M. Alrutz, successor trustee
Details: The Inn at Thousand Oaks hotel at 2700 S. Perkins Road in Parkway Village has sold for $2.2 million following a first-run foreclosure notice filed earlier this year.

72. Perkins Hotel Sells After Foreclosure -

The Inn at Thousand Oaks hotel at 2700 S. Perkins Road in Parkway Village has sold for $2.2 million following a first-run foreclosure notice filed earlier this year.

73. Ridge Lake Building Sold After Foreclosure -

756 Ridge Lake Blvd.
Memphis, TN 38120
Sale Amount: $2.9 million

Sale Date: May 8, 2014
Buyer: Life Insurance Co. of the Southwest
Seller: Brooks R. Smith, successor trustee
Details: The 38,472-square-foot Ridge Lake Office Building at 756 Ridge Lake Blvd. in East Memphis has sold back to the lender for $2.9 million following a foreclosure.

74. Lamar Avenue Motel Sells for $1.3 Million -

The former Best Western Travelers Inn at 5024 U.S. 78 (Lamar Avenue) in Oakhaven has sold for $1.3 million.

Radha Hospitality LLC bought the 24,864-square-foot motel in a May 2 warranty deed from Anil N. Shah and P.V. Shah, who acquired the property in 1991 for $210,000 and developed the land.

75. Owens Named MERI Executive Director -

Jason K. Owens has been named executive director of the Medical Education & Research Institute. Owens previously served as education/research planning manager of the nonprofit medical teaching and training bioskills laboratory, and has led cross-functional initiatives specific to the MERI’s strategic education and research planning, mobile education development and operational management.

76. Hilton Garden Inn Planned for Former Bus Station -

A Knoxville-based hospitality company has closed on the purchase of the vacant Greyhound facility Downtown and will transform the property into a Hilton Garden Inn.

Turkey Creek Hospitality completed the $1.7 million purchase of the 1.3-acre property Tuesday, March 18, and will bring a 140-room Hilton Garden Inn to the heart of Downtown Memphis. Hank Martin and Elliot Embry with NAI Saig Co. represented Greyhound Lines Inc. in the transaction.

77. Hilton Garden Inn Planned for Former Greyhound Station -

A Knoxville-based hospitality company has closed on the purchase of the vacant Greyhound facility Downtown and will transform the property into a Hilton Garden Inn.

Turkey Creek Hospitality completed the $1.7 million purchase of the 1.3-acre property Tuesday, March 18, and will bring a 140-room Hilton Garden Inn to the heart of Downtown Memphis.

78. Galvanizing Company Files Permit for Facility -

3328 Fite Road
Millington, TN 38053
Permit Cost: $1.9 million

Project Cost: N/A
Permit Date: Applied March 2014
Completion: N/A
Owner: 3328 Fite LLC
Tenant: 3328 Fite LLC
Architect: N/A
Contractor: N/A
Details: An affiliate of Columbus, Ohio-based “hot dip galvanizing” company Voigt & Schweitzer LLC plans to construct a 63,120-square-foot facility near Millington.

79. Nolan AV Files Loan on Shelby Oaks Facility -

Longtime audio-visual company Nolan AV has filed a $1 million loan on its industrial facility at 6225 Shelby Oaks Drive in Northeast Memphis.

80. Renovation on Tap for 100 N. Main Tower -

The owner of 100 N. Main St., the city’s tallest building, has plans to turn the Downtown skyscraper into a development featuring a hotel and apartments.

81. Groundbreaking Set For Local Hilton Garden Inn -

The groundbreaking for the first Hilton Garden Inn in Memphis was scheduled for Friday, Jan. 31, at 10 a.m.

Hilton Worldwide and Globus Partnership are hosting the groundbreaking at the site of the new hotel, 7955 Market Plaza Drive in Cordova.

82. Groundbreaking Set for Memphis' First Hilton Garden Inn -

The groundbreaking for the first Hilton Garden Inn in Memphis is scheduled for Friday, Jan. 31, at 10 a.m.

Hilton Worldwide and Globus Partnership are hosting the groundbreaking at the site of the new hotel, 7955 Market Plaza Drive in Cordova.

83. Former Motel 6 Sells for $1.4 Million -

1321 Sycamore View Road
Memphis, TN 38134
Sale Amount: $1.4 million

Sale Date: Jan. 13, 2014
Buyer: P & S Hospitality LLC
Seller: G6 Hospitality Property LLC
Loan Amount: $1.1 million
Loan Date: Jan. 14, 2014
Maturity Date: N/A
Lender: Argent Bank
Details: The former Motel 6 at 1321 Sycamore View Road in Northeast Memphis has traded hands for $1.4 million.

84. Former Motel 6 Sells for $1.4 Million -

The former Motel 6 at 1321 Sycamore View Road in Northeast Memphis has traded hands for $1.4 million.

85. Gold Strike Promotes Slade to PR Manager -

Elizabeth Slade has been promoted to public relations manager at Gold Strike Casino Resort. In her new role at the MGM Resorts International property, Slade will lead in developing and executing integrated marketing communication plans with components such as media relations, social media strategy, community partnerships and brand management.

86. New Hotel Planned for Downtown -

Memphis could be getting a new hotel at a prime Downtown location.

Turkey Creek Hospitality has signed a licensing agreement with Hilton Worldwide to develop a 140-room Hilton Garden Inn at 235 Union Ave., the site of a former structured parking facility at the corner of Union and Fourth Street. Knoxville-based Turkey Creek Hospitality would own and operate the new hotel.

87. New Hilton Garden Inn Planned for Downtown -

Memphis could be getting a new hotel at a prime Downtown location.

Turkey Creek Hospitality has signed a licensing agreement with Hilton Worldwide to develop a 140-room Hilton Garden Inn at 235 Union Ave., the site of a former structured parking facility at the corner of Union and Fourth Street. Knoxville-based Turkey Creek Hospitality would own and operate the new hotel.

88. Former Drury Inn Sells for $4.1 Million -

The 118-room former Drury Inn & Suites motel at 1556 Sycamore View Road in Northeast Memphis has sold for $4.1 million.

89. Holiday Inn Launches Brand Awareness Campaign -

Holiday Inn, the iconic hotel chain that launched in Memphis more than 60 years ago and went on to become an international mega-brand, wants customers to change their view.

That phrase has a literal and figurative connotation. It refers to a new generation of hotel guests becoming acquainted with the storied hospitality brand, and it also refers to Holiday Inn’s multimillion-dollar Change Your View campaign, a newly launched effort to remind people what’s special about the company.

90. Hotel REIT Transfers 3 Germantown Properties -

7750 Wolf River Parkway Germantown, TN 38138
9314 Poplar Pike Germantown, TN 38138
9320 Poplar Pike Germantown, TN 38138

91. Hotel REIT Transfers 3 Germantown Properties -

Austin, Texas-based hotel real estate investment trust Summit Hotel Properties Inc. has transferred three Germantown hotels to related affiliates for a combined $5.7 million.

92. Room Service -

Hilton Worldwide celebrates its second Global Week of Service this week, and more than 700 Hilton employees are working locally on community involvement projects, such as this year’s signature event at the Pilgrim’s Rest housing facility, 747 Court Ave.

93. Tax Zone Would Fund Fairgrounds Remake -

A 3-square-mile Tourism Development Zone would finance a $233 million renovation of the Mid-South Fairgrounds sought by the administration of Memphis Mayor A C Wharton Jr.

The city sent its 88-page application Sept. 13 to Tennessee Finance Commissioner Larry B. Martin. The application seeks state permission to use incremental sales tax revenue estimated at close to $12 million a year starting in 2016 to pay off the bonds to finance a project whose price tag is just below the $250 million FedExForum.

94. Visible Music College Files $3.2 Million Loan -

200 Madison Ave.
Memphis, TN 38103
Loan Amount: $3.2 million

Loan Date: Aug. 30, 2013
Maturity Date:
Borrower: Visible Music College
Lender: Renasant Bank
Details: Visible Music College has filed a $3.2 million loan on its Downtown campus at 200 Madison Ave.

95. Visible Music College Files $3.2 Million Loan -

Visible Music College has filed a $3.2 million loan on its Downtown campus at 200 Madison Ave.

The music and worship arts school filed the Tennessee deed of trust, assignment of leases and rents and security agreement Aug. 30 through Renasant Bank. Ken Dale Steorts signed the trust deed as president of Visible Music College.

96. Aerotropolis Manager Bowman Completes Delta Leadership Program -

Chad Bowman, aerotropolis project manager for the Memphis and Shelby County Division of Planning and Development, has graduated from the Delta Leadership Institute Executive Academy, a yearlong Delta Regional Authority program designed to foster collaborative initiatives across the Delta region.

97. Malco Theatres Opening New Locations -

Malco Theatres is in the midst of a growth spurt.

The Memphis-based movie chain has acquired a shuttered 10-screen movie theater and outdoor amphitheater in Oxford, Miss. It’s in Oxford Commons, a 480-acre mixed-use commercial, residential, hospitality and entertainment development in the North Mississippi town.

98. Lenox Park Courtyard Sells for $4.2 Million -

The Lenox Park Courtyard by Marriott at 3076 Kirby Parkway in East Memphis has sold for $4.2 million.

99. Swinnea Warehouse Sold in Lieu of Foreclosure -

4550 Swinnea Road, Memphis, TN 38118

Sale Amount: $4.2 million
Sale Date: March 7, 2013
Buyer: JPMCC 2007-LDP10 – 4550 SWINNEA RD LLC
Seller: Industrial Memphis International Owner LLC
Details: The Memphis International Distribution Center at 4550 Swinnea Road in Oakhaven has sold for $4.2 million in lieu of foreclosure.

100. Macon Cove Hotel Sells for $1.9 Million -

The 129-room hotel at 6068 Macon Cove near Sycamore View Road and Interstate 40 has sold for $1.9 million.