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Editorial Results (free)

1. Germantown Medical Office Sells for $16M -

1325 Wolf Park Drive, Germantown, TN 38138

Sale Amount: $15.9 million

Buyer: Global Medical REIT

2. Memphis Industrial Center Sells for $3.7 Million -

Boston-based real estate investment firm Plymouth Industrial REIT has expanded its local portfolio with the acquisition of a 132,000-square-foot industrial center in southeast Memphis.

In the deal, Plymouth purchased the property from Huntington Industrial Partners for $3.7 million.

3. Last Word: The Monument Letter, Soulsville Gateway and Gas Tax Hike Regrets -

The Redbirds take Game 1 of the Pacific Coast League Championship series Wednesday evening with a 6-4 win over El Paso at AutoZone Park. Game 2 is noon Thursday at B.B. King and Union.

4. SE Memphis Industrial Center Sells for $3.7 Million -

Boston-based real estate investment firm Plymouth Industrial REIT has expanded its local portfolio with the acquisition of a 132,000-square-foot industrial center in southeast Memphis.

In the deal, Plymouth purchased the property from Huntington Industrial Partners for $3.7 million.

5. Plymouth REIT Expands Memphis Portfolio -

Boston-based real estate investment firm Plymouth Industrial REIT has expanded its local portfolio with the acquisition of a 132,000-square-foot industrial center in southeast Memphis.

In the deal, Plymouth purchased the property from Huntington Industrial Partners for $3.7 million.

6. Is Business Killing Our Creative Sprits? -

This week there was an article in Inc. magazine that was wildly popular on social media. Elon Musk named his favorite books and there was only one business book out of 10. The rest were science fiction, classics, great books. Many were surprised to learn that Musk finds inspiration in the arts and other fields and finds the canon of management literate uninspired, clichéd, even boring.

7. Last Word: Southern Heritage Recap, Funky Week Ahead and the Amazon Contest -

The 28th annual Southern Heritage Classic is in the books with a close game at the Liberty Bowl Saturday and the kind of attendance that if sustained through our civic football season – Southern Heritage, Tigers home schedule and AutoZone Liberty Bowl – promises continued growth and changes in our development. Whether there is that growth or not, 47,407 came, tailgated and saw Tennessee State beat Jackson State 17-15.

8. Tennessee Taco Opens in Former Los Compadres Space -

3295 Poplar Ave.
Memphis, TN 38111

9. Developer: Lake District Project 'Moving Forward' -

Developer Yehuda Netanel said you can’t measure a development by how many bumps in the road it has, but by how many bumps in the road it overcomes, which is a fitting summary of his company's ambitious Lake District project over the last few weeks.

10. Honeywell Inks Lease At Airport Industrial Park -

Honeywell International Inc., a Fortune 100 software-industrial company based in New Jersey, has signed a lease to occupy 100,000 square feet inside the Airport Industrial Park.

11. Last Word: Back From Jury Duty, ASD Changes and Southern Heritage Classic Is Here -

Back from a very short-lived jury duty on a short week for the courts – criminal and civil. Even a slow week at the Criminal Justice Center is a learning experience about not only our criminal justice system but also the Constitutional framework that puts those notices in the U.S. mail and results in several hundred citizens at a time showing up in a jury assembly room after the adventure of trying to find parking Downtown.

12. US Job Growth Slowed in August But Economy Still Looks Solid -

WASHINGTON (AP) – The U.S. job market hit a lull in August, with employers adding a solid but less-than-robust 156,000 jobs and holding back on meaningful pay raises for most workers.

Friday's jobs report from the government pointed to an economy that is still steadily generating jobs, though more slowly than it did earlier in its recovery from the Great Recession. With the economy now in its ninth year of expansion and unemployment near a 16-year low, fewer people are looking for work and fewer jobs are being filled.

13. New Union Ave. Bank Branch, Whitehaven Wastewater Facility Seek Design Variances -

Pinnacle Bank is seeking a set of variances from the Memphis and Shelby County Board of Adjustment to build a new branch at the corner of Union Avenue and Rozelle Street.

14. Last Word: Game Day, Corker at Southwind on Taxes and Trump and Hotel Stats -

The game is on rain or shine at the Liberty Bowl Thursday. And the start of the Tigers football season could be a very soggy start with remnants of Hurricane Harvey arriving. So while tailgating on Tiger Lane may involve umbrellas, none are allowed in the Liberty Bowl itself. Ponchos it is for your face time on CBS Thursday evening.

15. Environmental Services Company Seeks Approval for Whitehaven Facility -

A Michigan-based environmental services company is seeking a variance with the Memphis and Shelby County Board of Adjustment to bring a wastewater reclamation and recycling facility to Whitehaven.

In its application, Valicor Environmental Services is seeking a special-use permit to allow for the refining of petroleum, liquefied petroleum gas and coal products.

16. Pottery Studio/Coffee House to Open on Highland Strip -

549 S. Highland St.
Memphis, TN 38122

Lease Size: 2,788 square feet

17. Appliance Company Inks Memphis Industrial Lease -

CE North America, a subsidiary of appliance maker CEM Global, recently signed a lease to occupy a 45,000-square-foot facility in Southeast Memphis.

Hank Martin, NAI Saig Co. vice president and business manager, represented the tenant in the deal, while Tim Mashburn, vice president of Collier International’s Industrial Division, represented the landlord, DP 73 LLC.

18. A Puzzle for Central Bankers: Solid Growth But Low Inflation -

JACKSON HOLE, Wyoming (AP) – Against a backdrop of strengthening growth but chronically low inflation, Federal Reserve Chair Janet Yellen and other central bankers are taking their measure of the global economy at their annual conference in the shadow of Wyoming's Grand Teton Mountains.

19. Appliance Company Inks Lease in Southeast Memphis -

CE North America, a subsidiary of appliance maker CEM Global, recently signed a lease to occupy a 45,000-square-foot facility in Southeast Memphis.

Hank Martin, NAI Saig Co. vice president and business manager, represented the tenant in the deal, while Tim Mashburn, vice president of Collier International’s Industrial Division, represented the landlord, DP 73 LLC.

20. Avison Young’s Memphis Office Uses Diversified Approach -

Eighteen months ago, real estate brokers Shane Soefker and Jacob Biddle decided they wanted to do things a little differently, so they left their jobs at a local brokerage firm and set off on their own.

21. South City Redevelopment Activity Heating Up -

The up-and-coming South City neighborhood is enjoying a resurgence of redevelopment activity lately, with the restoration of several historic properties, new multifamily construction and talk of bringing in a grocery store. The city and the Downtown Memphis Commission have been instrumental in the renewed interest, with noteworthy projects including the Clayborn Temple, the Universal Life Building and the demolition of Foote Homes.

22. Amid Retail and Industrial Successes, DeSoto Office Market Lags -

In the last few years, DeSoto County has become a magnet not only for retail development, but also for the industrial market.

Numerous new retail ventures have opened, and several other companies have opened industrial locations there, including FedEx Supply Services, XPO Logistics and Sephora.

23. Last Word: Crosstown & Forrest, Eclipse Day and The Problem With Day Care -

As an organizer of Saturday’s “Take Them Down” rally at Health Sciences Park walked toward Union Avenue where Memphis Police had taken one of the protesters arrested there, he looked at another organizer and said, “It’s time to make the call.” The call was bail money for the five, soon to be six people arrested. These were the first arrests of the last week of new momentum for an issue that has risen and subsided for decades now in our city.

24. Southaven Planning Industrial Job Fair -

The DeSoto County Economic Development Council, Colonial Hills Church, and Trinity Church have come together to host the Southaven Industrial Job Fair.

The event will be held Sept. 14 from 9 a.m. to 2 p.m. at 7701 U.S. 51 North in Southaven.

25. Two Portfolios Near Airport Sell for Combined $26M -

Nearly 2 million square feet of industrial space near Memphis International Airport has switched hands for a combined $25.9 million in a pair of recently closed deals.

The larger of the two was a 70-acre, 13-property portfolio in the Airport Distribution Center and Delp Distribution Center that sold for $18.1 million.

26. Avison Young’s Memphis Office Finds Strength In Diversified Approach -

Eighteen months ago, real estate brokers Jacob Biddle and Shane Soefker decided they wanted to do things a little differently, so they left their jobs at a local brokerage firm and set off on their own.

27. Amid Retail and Industrial Growth, DeSoto County Office Market Lags -

In the last few years, DeSoto County has become a magnet not only for retail development, but also for the industrial market.

Numerous new retail ventures have opened, and several other companies have opened industrial locations there, including FedEx Supply Services, XPO Logistics and Sephora.

28. South City Redevelopment Heats Up With Renovations, New Construction -

The up-and-coming South City neighborhood is enjoying a resurgence of redevelopment activity lately, with the restoration of several historic properties, new multifamily construction and talk of bringing in a grocery store. The city and the Downtown Memphis Commission have been instrumental in the renewed interest, with noteworthy projects including the Clayborn Temple, the Universal Life Building and the demolition of Foote Homes.

29. Lakeland's Lake District on Hold after 'Surprise' Foreclosure Notice -

Despite unveiling a new look and layout for the proposed Lake District development at a special meeting late Thursday, developer Yehuda Netanel’s plans were put on ice by Lakeland’s Industrial Development Board. That is at least until the matter of a “surprise” foreclosure notice could be sorted out.

30. SBA Head Sees Businesses Held Back by Lack of Loans, Workers -

NEW YORK (AP) – Six months into her tenure as head of the Small Business Administration, Linda McMahon sees a split among small business owners – they are increasingly optimistic, she says, but many are held back by their inability to get loans or find the right workers for jobs that are staying open.

31. Southaven Planning Industrial Job Fair -

The DeSoto County Economic Development Council, Colonial Hills Church, and Trinity Church have come together to host the Southaven Industrial Job Fair.

The event will be held Sept. 14 from 9 a.m. to 2 p.m. at 7701 U.S. 51 North in Southaven.

32. Beware at the Pump: Black Market Fuel is Making Millions -

TALLAHASSEE, Fla. (AP) – A black market for diesel and gasoline has rapidly spread around the nation, with organized crime gangs using fraudulent credit cards to syphon millions of dollars in fuel from gas stations into large tanks hidden inside pickup trucks and vans.

33. Inviting a New Vision for Memphis Region -

Memphis has been blessed to give birth to the modern grocery store, rock ‘n’ roll, and such corporate category leaders as Holiday Inn, FedEx and AutoZone. These native inventions became the basis of our regional economy after the slow demise of the agrarian culture when cotton was king.

34. Tax Breaks Broaden For Residential, Retail Deals -

Some changes are coming in the rules surrounding incentives that the Economic Development Growth Engine for Memphis and Shelby County – or EDGE – can use for different kinds of development and for broader use of tax increment financing – or TIF – zones to sustain redevelopment.

35. MLGW Moving Forward With Relocation Plans -

Officials with Memphis, Light, Gas and Water Division are continuing with plans to expand operations at its North Service Center, despite the concerns of some residents who feel like the industrial facility is encroaching on their neighborhood.

36. August 4-10, 2017: This week in Memphis history -

1927: Sears Crosstown opens. The catalog order plant and retail store is 53,000 square feet of retail that can process 45,000 orders a day in its catalog center. More than 1,000 people work at the store. Memphis Mayor Rowlett Paine cuts a red ribbon at the North Watkins entrance.
Over the next 40 years there will be five additions, bringing the total square footage to 1.5 million square feet. The distribution center – which could fill orders for everything needed to build a house as well as all of the items to furnish it – shuts down in 1993 after the store closes, leaving the landmark vacant.

37. TCAT Students See the Future, Get Prepared -

Bryan Rippy, 38, chuckles when he says he’s in the prime of his life. But sharpening his skills is no laughing matter, and he understands the importance of raising his value in the job market.

38. Next Big Leap for Apple? – Augmented Reality -

SAN FRANCISCO (AP) – Apple's iPhone may be ready for its next big act – as a springboard into "augmented reality," a technology that projects life-like images into real-world settings viewed through a screen.

39. Developers Baking $73 Million Deal at Wonder Bread Plant -

A development group wants to breathe new life into the former Wonder Bread plant that used to fill the Memphis Medical District with the smell of fresh bread before it closed in 2013.

A group of investors spearheaded by Chisca Hotel Developers – Development Services Group – has submitted a $73 million plan to create 286 upscale multifamily units, a 480-space parking garage and 150,000 square feet of office and retail space.

40. Wonder Bread Factory Rebirth Eyed by Chisca Hotel Developer -

A new plan submitted to city officials would breathe new life into the former Wonder Bread factory that used to fill the Memphis Medical District with the smell of fresh bread before it closed in 2013.

41. Last Word: 'Secular Stagnationists', CRE's Big Year in Memphis and Lakeland Prep -

Protests over the weekend in Martyr’s Park and at the federal prison facility in Mason, Tennessee for those rounded up in the ICE – Immigration and Customs Enforcement -- raids here in Memphis that began a week ago. Latino Memphis is also offering legal advice to those who believe they may be caught up in the new push. There are also several efforts to support families that find mothers and/or fathers in federal custody in the sweeps. And over the weekend, Memphis Police issued an arrest warrant for a bounty hunter who turned up on YouTube video in an apartment complex with a large Latino tenant base wearing some kind of badge and vest.

42. $14M Industrial Park Approved for Eastern Mississippi County -

STARKVILLE, Miss. (AP) – Leaders in a northeast Mississippi county have issued a combined $14 million in bonds to pay for a nearly 400-acre (162-hectare) industrial park.

Local news outlets report that Oktibbeha County and City of Starkville leaders passed the bond issuance in a special meeting on Thursday. The park will go in the northern part of Starkville on land near U.S. Route 82 and Mississippi Highway 389.

43. Mueller Posts Stable Second-Quarter Earnings -

Memphis-based Mueller Industries Inc. posted net income of $27.6 million for the second quarter of 2017, or 48 cents per diluted share. The figure released Tuesday, July 25, compares to net income of $27.8 million for the second quarter of 2016.

44. Last Word: More Intermodals, 20 Years After the Oilers In Memphis and New Path -

The "skinny" repeal of Obamacare comes up short in the U.S. Senate in an after midnight Friday vote in D.C. And it appears U.S. Senators Bob Corker and Lamar Alexander of Tennessee voted for the repeal measure that came up short. Here are the basics early Friday morning from The New York Times.

45. International Paper Sees Record Fluff Pulp Sales -

Memphis-based International Paper Co. reported second-quarter net earnings of $80 million, or 19 cents per share, Thursday, July 27. That compares to $40 million in net earnings for the second quarter of 2016.

46. Editorial: Culture of Planning Comes With Questions -

We don’t have all the cranes that Nashville has. But there’s a lot of construction and movement underway in the Memphis region’s various commercial real estate sectors.

And that activity is another reminder of the need for what some have called “a culture of planning” within the city of Memphis itself.

47. Fully Loaded -

It’s almost like the first half of 2017 was a decade in the making, at least when it comes to commercial real estate. Throughout all four major sectors of the Memphis-area commercial real estate market – industrial, office, retail and multifamily – figures are consistently reaching or exceeding pre-recession marks.

48. International Paper Sees Record Fluff Pulp Sales in Q2 -

Memphis-based International Paper Co. reported second-quarter net earnings of $80 million, or 19 cents per share, Thursday, July 27. That compares to $40 million in net earnings for the second quarter of 2016.

49. Remember Memphis? Titans Would Rather Not -

Time flies, doesn’t it? A lot can happen in 20 years. Think about it: In 1997, Bill Clinton was sworn in for his second term as president. Princess Di was killed in a car crash. The Dow Jones Industrial Average closed above 8,000 for the first time. And the Tennessee Oilers played their home games in Memphis.

50. Textile Company to Bring 1K Jobs to Eastern Tennessee -

PIKEVILLE, Tenn. (AP) – A textile company will bring 1,000 jobs to a rural town in eastern Tennessee.

Local news outlets report Gov. Bill Haslam announced on Monday that Textile Corporation of America will move its headquarters and manufacturing facility to Pikeville, a 1,600-person town north of Chattanooga.

51. Memphis Music Initiative To Occupy Old Downtown Firehouse -

198 Dr. Martin Luther King Jr. Ave., Memphis, TN 38103

Tenant: Memphis Music Initiative

52. Mueller Posts Stable Earnings For Second Quarter -

Memphis-based Mueller Industries Inc. posted net income of $27.6 million for the second quarter of 2017, or 48 cents per diluted share. The figure released Tuesday, July 25, compares to net income of $27.8 million for the second quarter of 2016.

53. City Master Plan Development Aims To Reverse Random Development -

Not too far past a new generation of civic plans is the filter of reality – what is possible by a business bottom line.

At the outset of the still-forming Memphis 3.0 master development plan, the reality without a plan is striking.

54. Initial Public Offerings Scheduled to Debut This Week -

NEW YORK (AP) — The following is a list of initial public offerings planned for the coming week. Sources include IPO ETF manager Renaissance Capital, and SEC filings.

Week of July 24:

55. Steel Company Buys Southeast Memphis Industrial Facility -

Steel fabrication and construction company Edwards Steel Solutions has acquired a 207,995-square-foot industrial building at 1700 Third St. in a $1.1 million deal.

56. NexAir Inc. Acquires Moore Oxygen Supply -

Memphis-based nexAir has closed on its acquisition of Moore Oxygen Supply Inc. of Georgia.

Founded in 1965 in LaGrange, Georgia, Moore Oxygen Supply supplies industrial, medical and specialty gases, welding supplies and bulk liquid gas to customers in western Georgia and eastern Alabama. NexAir began servicing Moore customers Monday, July 17.

57. Remington Seeks Students For New HVAC Program -

Remington College’s Memphis campus is now enrolling students for its new Heating, Ventilation and Air Conditioning degree program.

The new program is an extension of the existing HVAC diploma program. Students will have the option of taking some additional classes to receive their Associate of Occupational Studies Degree in heating, ventilation and air conditioning.

58. Editorial: Take the Riverfront Plan From Concept to Action -

The Riverfront concept plan now in the hands of the Mayor’s Riverfront Task Force is easy to be cynical about if you have even a casual acquaintance with the dozen or more riverfront studies the city and others have conducted since 1980.

59. Remington Enrolling Students For New HVAC Program -

Remington College’s Memphis campus is now enrolling students for its new Heating, Ventilation and Air Conditioning degree program.

The new program is an extension of the existing HVAC diploma program. Students will have the option of taking some additional classes to receive their Associate of Occupational Studies Degree in heating, ventilation and air conditioning.

60. Haslam Awards TCAT Grants During West Tennessee Visit -

On the road in West Tennessee Wednesday, July 19, Tennessee Gov. Bill Haslam made stops at Tennessee College of Applied Technology, or TCAT, campuses in Ripley and Covington to announce federal block grants for each of the schools.

61. Made-In-USA Goods Can Be Pricey and Elusive. Just Ask Trump -

WASHINGTON (AP) – President Donald Trump's push this week to get Americans to buy goods "made in America" is harder than it might seem.

Even for Trump.

The gold-plated pens the president uses to sign laws are assembled in Rhode Island but lacquered and engraved in China. The Boeing jet he posed with to showcase America's industrial might is 30 percent foreign-made. The firetruck the administration parked at the White House this week to promote U.S.-made goods gets about 10 percent of its parts from abroad.

62. NexAir Inc. Acquires Moore Oxygen Supply -

Memphis-based nexAir has closed on its acquisition of Moore Oxygen Supply Inc. of Lagrange, Georgia.

63. Last Word: Fifth Wave, Hidden Gem in OB and the Freeze Filibuster -

There is one less contender in the crowded field of potential and declared candidates for the Republican nomination for Governor in 2018. State Senate Majority Leader Mark Norris of Collierville was nominated for federal court judge Thursday by President Donald Trump who also nominated Memphis attorney and former federal prosecutor Tommy Parker to the U.S. District Court for the Western District of Tennessee as well. Both are part of what The White House described as a “fifth wave” of judicial nominees.

64. Yellen Calls Risks of Inflation 'Two-Sided' -

WASHINGTON (AP) – Federal Reserve Chair Janet Yellen on Thursday said she believed the risks concerning inflation are "two-sided," stressing that price gains could both accelerate or slow down.

65. Agracel Transforms DeSoto County Industrial Site -

With massive speculative buildings popping up all over North Mississippi and a direct vacancy rate lower than 6 percent for DeSoto County industrial sites, it’s hard to imagine a developer would still be able to find a hidden gem among the existing inventory. But that’s exactly what Agracel Inc. did.

66. Enough Expectations to Go Around as SEC Football Season Approaches -

HOOVER, Ala. – The countdown to the start of the next college football season is now measured in weeks, not months. But at an event such as SEC Media Days, the future is always framed by the past.

67. Canadian Delegation Hears Border Concerns During Memphis Visit -

Business crossing the U.S.-Canadian border and the uncertainty about U.S. immigration policy six months into President Donald Trump’s administration dominated a meeting last week between about 30 Memphis business leaders and the head of the Canadian Chamber of Commerce.

68. IP Donates $200,000 to RISE Foundation -

Memphis-based International Paper, a longtime supporter of RISE Foundation, has made a $200,000 donation to support the nonprofit's Goal Card program, specifically designed to encourage academic excellence for students in the inner city.

69. Memphis, Other Secondary Markets Poised for Industrial Growth -

When it comes to logistics, the primary distribution center markets like Atlanta, Chicago and Los Angeles have led the way in terms of warehouse development. But as more companies look to tighten their supply chain, secondary markets – including Memphis; Louisville, Kentucky; and Cleveland, Ohio – have found themselves in a better position to absorb growth.

70. Patterson Resignation Comes as Council Examines DMC’s Role -

Terence Patterson exited the Downtown Memphis Commission last week as the Memphis City Council is about to discuss replacing or restructuring not only the DMC, but the Riverfront Development Corp.

71. 3 Modes of Innovation: A New Strategic Framework -

Every client assumes they have to disrupt or be disrupted, but that is often the wrong innovation recipe for them. Disrupting their culture at times of growth may be the worst advice you could offer.

72. Soy 'Milk'? Even Federal Agencies Can't Agree on Terminology -

NEW YORK (AP) – Dairy farmers want U.S. regulators to banish the term "soy milk," but documents show even government agencies haven't always agreed on what to call such drinks.

The U.S. Department of Agriculture "fervently" wanted to use the term "soy milk" in educational materials for the public, according to emails recently released in response to a lawsuit. That irked the Food and Drug Administration, the agency that oversees the rule defining milk as coming from healthy cows.

73. IP Donates $200,000 to RISE Foundation -

Memphis-based International Paper, a longtime supporter of RISE Foundation, has made a $200,000 donation to support the nonprofit's Goal Card program, specifically designed to encourage academic excellence for students in the inner city.

74. Ukraine Security Expert Fears for 'Whole World' -

NEW YORK (AP) — The Latest on a widespread cyberattack that is affecting companies and government systems (all times local):

3 p.m.

The head of a top Ukranian cybersecurity firm says it's too early to say if his country was singled out as the prime target but that its institutions, long a target of Russian hackers, may have been compromised through attrition.

75. Sephora Hiring 400 for New Olive Branch Warehouse -

Beauty retailer Sephora announced it will be looking to hire 400 workers at its distribution center in Olive Branch that is scheduled to open later this month, according to The Associated Press.

The subsidiary of French luxury goods house LVMH signed a lease for its 720,000-square-foot facility in the second quarter of 2016, according to real estate brokerage firm Cushman & Wakefield/Commercial Advisors’ Q2 2016 Industrial Snapshot.

76. Resource Label Group Paved a Road From Lamar to New Bartlett Facility -

After more than 20 years at their facility near Lamar Avenue, Resource Label Group officials wanted to move to a bigger and better place.

After looking around Shelby County, they settled on Bartlett, largely due to the suburban town’s atmosphere and family nature.

77. Strickland Pushes Economic Breakthrough Outside City's Current Hot Spots -

The city of Memphis has to grow economically outside of the Poplar Avenue corridor of East Memphis, Midtown and Downtown if the city is to prosper, and Memphis Mayor Jim Strickland said that economic breakthrough can start in Whitehaven.

78. Ole Miss Buys Baptist Hospital in $22 Million Deal -

2301 S. Lamar Blvd.
Oxford, MS 38655

Sale Amount: $22 million

Sale Date: June 15, 2017

79. Midtown Medical Facility Sells for $9.5 Million -

Southern California-based Majestic Realty Co. has purchased a Midtown medical facility from Vanguard of Memphis LLC for $9.5 million, according to paperwork filed with the Shelby County Register of Deeds.

80. Sephora Hiring 400 for New Olive Branch Warehouse -

Beauty retailer Sephora announced it will be looking to hire 400 workers at its distribution center in Olive Branch that is scheduled to open later this month, according to The Associated Press.

The subsidiary of French luxury goods house LVMH signed a lease for its 720,000-square-foot facility in the second quarter of 2016, according to real estate brokerage firm Cushman & Wakefield/Commercial Advisors’ Q2 2016 Industrial Snapshot. 

81. CCL-Korsini Opens $25M Collierville Plant -

One of the first things several Collierville civic leaders did when they toured CCL-Korsini LLC’s $25 million label-printing facility Wednesday, June 14, was look beyond the loading dock to the adjacent open land.

82. Last Word: Your Neighbor Has Power, City Budget Wrap Take One and BBQ -

We are at the point in our storm recovery where the novelty and sense of adventure have reached the end of their very short lives in areas where the power is still out. And the restoration of that service is at a point where you now have people on one side of a street with power and those on the other side may still be in the dark and the heat.

83. Demand for Smaller Industrial Facilities Growing -

Even though massive deals like Niagara Bottling’s 554,000-square-foot facility and McCormick & Co.’s 615,000-square-foot operation next door in Gateway Global Logistics Center often steal the spotlight, they only paint part of the picture of North Mississippi’s industrial market.

84. CEO Pay By the Numbers: How Big Were Last Year's Raises? -

The typical big-company CEO raked in $11.5 million last year in salary, stock and other compensation, according to a study by executive data firm Equilar for The Associated Press. That's an 8.5 percent raise from a year earlier, the biggest in three years.

85. Medical District Apartments Sell for $5.2 Million -

A medical district apartment switches hands in a multimillion-dollar deal, a Downtown developer plans an apartment complex near FedExForum, and a California investor buys a local industrial portfolio. Details in this week’s Real Estate Recap...

86. Mueller Approved for 10-Year Tax Abatement to Relocate to Collierville -

The Collierville Board of Mayor and Aldermen approved Mueller Industries’ request for a 10-year tax abatement, paving the way for the company to begin the process of relocating its corporate headquarters to Collierville.

87. IDI Gazeley Adding Two Spec Buildings -

IDI Gazeley, Memphis’ leading industrial developer, has announced it will be adding two new buildings totaling nearly 2 million square feet to its Crossroads Distribution Center in Olive Branch.

88. Warehouse Portfolio Sells for $8.6 Million -

Huntington Industrial Partners, doing business as Artemis HIP Corporate Park LLC, has sold three warehouses in Southeast Memphis to a pair of West Coast investors for a combined $8.6 million.

89. Memphis Retail Brokers Preparing for Largest Event of the Year in Vegas -

This week more than 37,000 retail real estate professionals from 58 countries will gather in Las Vegas for the International Council of Shopping Centers’ annual RECon convention.

At the event, which will run May 21-24, there will be no shortage of representatives from the Bluff City who run the gamut from brokers, developers and landlords looking to attract the next big restaurant, hotel or store, to Memphis-based companies like AutoZone and FedEx Office looking to grow their global footprint.

90. Inner City Health Care Company Earns PILOT for Expansion -

A health care company serving lower-income areas of South Memphis with a limited range of services has been granted a 15-year payment-in-lieu-of-taxes (PILOT) incentive by the Economic Development Growth Engine board to provide more expansive service.

91. IDI Gazeley Adding Two Spec Buildings -

IDI Gazeley, Memphis’ leading industrial developer, has announced it will be adding two new buildings totaling nearly 2 million square feet to its Crossroads Distribution Center in Olive Branch.

92. Warehouse Portfolio Sells for $8.6 Million -

Huntington Industrial Partners, doing business as Artemis HIP Corporate Park LLC, has sold three warehouses in Southeast Memphis to a pair of West Coast investors for a combined $8.6 million.

93. View From the Hill: Haslam Credits GOP ‘Experiment’ for Tennessee’s Success -

If you ask Gov. Bill Haslam, Republican government is the best thing since sliced bread.

Not only is GOP leadership responsible for a myriad of tax cuts leading to record surpluses and a $37 billion budget funding better K-12 and higher education, shoring up the rainy day and TennCare funds, shrinking state debt and building an economic environment for job creation, Haslam says. It’s even bringing us the cleanest air since before the industrial revolution.

94. Faropoint Acquires Massive Industrial Portfolio for $33.1M -

Looking to continue its recent trend of bullish activity in the Memphis market, Faropoint Ventures has acquired a 1.1-million-square-foot industrial portfolio for $33.1 million. Details on that and more commercial real estate news in this week's Real Estate Recap...

95. Last Word: Issues or Elections, City Impasse Decisions and Memphis Sk8s -

Those active in the Republican and Democratic parties at the local, state or national level will tell you their job is to elect candidates of their party to office at all levels of government. It's even in writing in just about any party's mission statement. And the inability of the local Democratic party to do that in countywide partisan elections is one of several factors that led to the state party disbanding the local party last year.

96. IDI Adding Two Spec Buildings Totaling Nearly 2 Million Square Feet -

IDI Gazeley, Memphis’ leading industrial developer, has announced it will be adding two new buildings totaling nearly 2 million square feet to its Crossroads Distribution Center in Olive Branch.

97. MLGW Urges Conservation In Peak Water-Use Hours -

Memphis Light, Gas and Water Division is voluntarily requesting commercial, industrial and residential customers, primarily in southwest Memphis, to conserve water during the peak water usage hours of 5 a.m. to 9 a.m. and 6 p.m. to 10 p.m. as maintenance work continues at its Davis Water Treatment Plant this week.

98. Last Word: Deeper on Beale, End of Session and Johnny Mathis -

Beale Street keeps its cover charge on Saturday nights during its Memphis In May peak. But the district has some complex questions to resolve about its future and who controls that future. If that wasn’t evident before, it became apparent at City Hall Tuesday. It wasn’t the council action on the Beale Street Bucks program that was significant as much as it was the council’s discussion.

99. Faropoint Acquires Massive Industrial Portfolio for $33.1M -

Looking to continue its recent trend of bullish activity in the Memphis market, Faropoint Ventures has acquired a 1.1 million-square-foot industrial portfolio for $33.1 million.

The seller was Greenfield Partners LLC, a Connecticut-based private equity firm. 

100. MLGW Urges Conservation During Peak Water Use Hours -

Memphis Light, Gas and Water Division is voluntarily requesting commercial, industrial and residential customers, primarily in southwest Memphis, to conserve water during the peak water usage hours of 5 a.m. to 9 a.m. and 6 p.m. to 10 p.m. as maintenance work continues at its Davis Water Treatment Plant this week.