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Editorial Results (free)

1. EDGE Board Approves Master Plan Study for Port of Memphis -

The Memphis & Shelby County Port Commission and Economic Development Growth Engine board have awarded a $327,500 contract to the Pickering Firm to develop a comprehensive mas-ter plan for the Port of Memphis.

2. Tesla Wants to Electrify Big Trucks, Adding to Its Ambitions -

DETROIT (AP) – After more than a decade of making cars and SUVs – and, more recently, solar panels – Tesla Inc. wants to electrify a new type of vehicle: big trucks.

3. Shelby Farms Draws $142 Million, 71-Acre Development -

Elmington Capital Group has submitted plans for a 71-acre senior housing, apartment and single-family development next to Shelby Farms Park. Dwell at Shelby Farms is a new $142 million development to be located on the north side of Raleigh-LaGrange Road near the intersections of Trinity and Fischer Steel roads.

4. Faropoint Buys 2 Properties After Trustmark Centre Sale -

Fresh off of the sale of Trustmark Centre, Faropoint Ventures has acquired two more substantial office assets.

The Israeli investment firm bought the Lipscomb & Pitts Building, 2670 Union Ave. Extended, and Poplar Towers, 6263 Poplar Ave., for a combined $19.3 million using capital from the Trustmark Centre sale. The purchase also includes the high-end restaurant Fleming’s, 6245 Poplar, and an AT&T store at 6267 Poplar, both outparcels to Poplar Towers.

5. Shelby Farms Draws New 71-Acre, $142M Development -

In a joint venture with Charles Crews of Crews Investment Holdings, Nashville-based Elmington Capital Group has submitted plans to the Office of Planning and Development for a 71-acre senior housing, apartment and single-family development next to Shelby Farms Park.

6. Surgical Distribution Company Finds New Home in the Memphis Medical District -

Whether it’s in large chucks, like the Wonder Bread bakery redevelopment, or in smaller increments, like the Edge Alley and Shab Chic Marketplace, more and more once forgotten pockets of the Memphis Medical District are finding new life.

7. Memphis Flexes Its Strengths In Improving Real Estate Market -

The evolution of e-commerce and its transformative effects on the real estate market are not just limited to the retail sector, and while many trends and topics were discussed at The Daily News’ annual Commercial Real Estate Review & Forecast Seminar on Nov. 2, this was one of the overarching themes.

8. Iconic E. Memphis Office Building Sells for $19.7M -

Nashville-based Magnolia Capital Investments has purchased the Trustmark Centre located at 5350 Poplar Ave. from Israeli investors, Faropoint Ventures. Faropoint intends to reinvest proceeds from the sale to buy other Memphis properties.

9. Exeter Closes on Fifth Major Purchase in October -

Pennsylvania-based real estate investment management firm Exeter Property Group made its fifth significant local investment within a month with the $13.8 million purchase of a 400,000-square-foot industrial property in southeast Memphis.

10. Faropoint Acquires Office Portfolio for $19.3M -

Fresh off of the sale of the Trustmark Centre, Faropoint Ventures has acquired two more substantial office assets.

The Lipscomb Pitts Building, located at 2670 Union Ave. Ext.,  and Poplar Towers, located at 6263 Poplar Ave., were both purchased by the Israeli investment firm for $19.3 million using the capital they accrued from the aforementioned deal.

11. November 3-9, 2017: This week in Memphis history -

1933: The Tennessee Brewing Co. reopens for the first time in 15 years with the first bottles of Goldcrest beer, brewed and bottled in Memphis, delivered to stores by the Tennessee Brewing Co.

12. Events -

Mama Gaia will donate 25 percent of all sales made at both its locations Thursday, Nov. 2, to St. Jude Children’s Research Hospital. The Crosstown Concourse location (1350 Concourse Ave., suite 137) is open from 7 a.m. to 7 p.m.; the Overton Square location (2144 Madison Ave.) is open 8:30 a.m. to 8 p.m. Visit mamagaia.net for details.

13. Trustmark Centre Sells for Nearly $20M -

An iconic East Memphis office building has switched hands for $19.7 million.

Nashville-based Magnolia Capital Investments has purchased the Trustmark Centre located at 5350 Poplar Ave. from Israeli investment group Faropoint Investments.

14. Trustmark Centre Sells for Nearly $20M -

An iconic East Memphis office building has switched hands for $19.7 million.

In the deal, Nashville-based Magnolia Capital Investments purchased the Trustmark Centre located at 5350 Poplar Ave. from Israeli investors, Farpoint Investments.

15. Exeter Closes on Fifth Major Purchase in October -

Pennsylvania-based real estate investment management firm Exeter Property Group made its fifth significant local investment within a month with the $13.8 million purchase of a 400,000-square-foot industrial property in southeast Memphis.

16. Events -

The Indie Memphis Film Festival 2017 takes place Wednesday through Monday, Nov. 1-6, featuring a wide selection of screenings at multiple venues; MLK50, a special program of films to commemorate the upcoming 50th anniversary of Dr. Martin Luther King’s assassination and highlight civil rights issues; special guest appearances; panels and talks; and a three-day Midtown block party. Festival passes and single tickets available. Visit indiememphis.com for a schedule.

17. Events -

Memphis Botanic Garden wraps up its 2017 Vine to Wine wine-tasting series with “Spooky Spirits” Tuesday, Oct. 31, from 6 p.m. to 8 p.m. at MBG, 750 Cherry Road. Indulge in adult “spirits” and frighteningly delicious hors d’oeuvres – and come in costume, if you dare. Tickets are $30 for members and $45 for nonmembers. Visit memphisbotanicgarden.com/winetastings for details.

18. Real Estate Market In Focus At Seminar -

The Daily News will host its annual Commercial Real Estate Review & Forecast Seminar on Thursday, Nov. 2, at the Memphis Brooks Museum of Art, 1934 Poplar Ave.

19. Gibson Plans to Sell Downtown Factory, Build a New One -

145 Lt. George W. Lee Ave., Memphis, TN 38103: Nashville-based guitar maker Gibson Brands Inc. confirmed Friday, Oct. 20, it is putting its Downtown Memphis factory on the market and plans to build and lease a new facility nearby.

20. Events -

New Memphis will host the Celebrate What’s Right: Urban Renaissance luncheon and panel discussion Monday, Oct. 30, from noon to 1:30 p.m. at the Holiday Inn University of Memphis, 3700 Central Ave. The panel features four local leaders and experts who have been catalysts for the city’s urban renaissance. Tickets are $30. Register at newmemphis.org.

21. Pennsylvania Investor Buys More Memphis Property -

Exeter Property Group has made its second significant splash in the Memphis market with the combined $34.5 million acquisition of two industrial properties.

In the first purchase, Exeter Property Group, doing business as Exeter 4755 Southpoint LLC, purchased a 700,000-square-foot Class A warehouse located at 4755 Southpoint Drive from New York-based Treeview Real Estate Advisors LP for $17.3 million.

22. Events -

The 2018-Model Memphis International Auto Show takes place Friday through Sunday, Oct. 27-29, at Memphis Cook Convention Center, 255 N. Main St. Experience the latest in-car technology, research your next vehicle and test drive more than a dozen vehicles on site. Buy discount e-tickets at memphisautoshow.com.

23. Commercial Developers See Bright Future With Collierville's Growth -

The town of Collierville has been enjoying strong development activity in all sectors over the past several years, fueled by the area’s strong schools, low crime rate, plentiful amenities and an abundance of developable land.

24. Clicking on All Cylinders -

Memphis is a city on the precipice of change as projects that were once deemed impossible – like ServiceMaster’s Downtown headquarters or Crosstown Concourse – have emboldened developers and city officials to shoot for the moon.

25. UPS Predicts Record Holiday Deliveries, Defends Price Hike -

DALLAS (AP) — UPS expects another record holiday season, with deliveries up 5 percent over last year, as online shopping continues to grow.

The company said Thursday that it expects to deliver more than 750 million packages between Thanksgiving and Dec. 31. It expects to haul at least 30 million packages on 17 of the last 21 delivery days before Christmas.

26. Tennessee's Corker Doubles Down on His Criticism of Trump -

NASHVILLE, Tenn. (AP) — Taking on a crowd of jeering union workers, standing up to a charismatic Democratic opponent on the man's home turf or lecturing upper management of one of the world's largest corporations, Tennessee Sen. Bob Corker has rarely backed down from a fight.

27. Montgomery Martin Builds an Urban Renaissance -

Montgomery Martin has Memphis grit on his feet. He’s spent the afternoon walking through the Tennessee Brewery building, a 125-year-old South Bluff structure being reimagined and renovated with the help of Montgomery Martin Contractors. In other cities, an aging giant like the Brewery might be seen as condemned – too daunting to be granted new life. But Martin says, “We’re not afraid of old buildings – we figure out how to get it done.” And, he adds, “all this is coming together to draw people back into the city.”

28. Effects Of E-commerce, Amazon Among Seminar Topics -

The growth of e-commerce has been one of the most transformative trends in real estate over the past few years and Memphis’ unique geography has it poised to reap the benefits.

While the more traditional industrial projects like Amazon’s proposed 615,440-square-foot receiving center at 3292 Holmes Road or DHL’s planned 580,000-square-foot distribution facility less than a mile to the south come to mind, the ripple effects of this can be felt in other areas as well, such as in typical brick-and-mortar retail operations.

29. Pennsylvania Investment Group Makes $34.5M Splash -

Exeter Property Group as make its second significant splash in the Memphis market with the combined $34.5 million acquisition of two industrial properties.

In the first purchase, Exeter Property Group, doing business as Exeter 4755 Southpoint LLC, purchased a 700,000-square-foot Class A warehouse located at 4755 Southpoint Drive from New York-based Treeview Real Estate Advisors LP for $17.3 million.

30. Rockfon Opens $40M Miss. Manufacturing Plant -

Acoustic ceiling panel manufacturer Rockfon opened its $40 million, 30,000-square-foot manufacturing facility in Marshall County, Mississippi, on Wednesday, Oct. 18.

Located on a 100-acre site at 4594 Cayce Road in the Chickasaw Trail Industrial Park, the new facility is the company’s first North American manufacturing facility.

31. U of M Files $33.5M Permit for Land Bridge -

570 Houston St. 

Memphis, TN 38111

Permit Amount: $33.5 million

Owner: University of Memphis

Details: The University of Memphis has filed a $33.5 million building permit application with the Office of Construction Code Enforcement to move forward with a parking garage and a long-awaited land bridge over the Southern Avenue railroad track.

32. Editorial: Not All PILOTs Should Be Cleared for Takeoff -

In our long civic discussion about tax incentives to boost economic development, an often-repeated refrain is that these incentives – specifically payment-in-lieu-of-taxes, aka PILOTs – should be strategic in nature.

33. Last Word: Bredesen's Note, Serious Sewer Talks and Protest Vs. Process -

Another lively week in state politics as former Tennessee Gov. Phil Bredesen says he is considering a run for the U.S. Senate seat Bob Corker is giving up. This came Monday in a note to the Associated Press in which Bredesen said he will make his decision quickly about an entry into the Democratic primary.

34. Rockfon to Open $40M Miss. Manufacturing Plant -

Acoustic ceiling panel manufacturer Rockfon will open its $40 million, 30,000-square-foot manufacturing facility in Marshall County, Mississippi, on Wednesday, Oct. 18.

Located on a 100-acre site at 4594 Cayce Road in the Chickasaw Trail Industrial Park, the new facility will be the company’s first North American manufacturing facility.

35. Amazon, Pfizer Seek Incentives for Projects -

While Memphis has been working to win the nod from Amazon in the company’s highly publicized decision on where it will put its second headquarters, the city is poised to get a major unrelated investment from the e-commerce giant.

36. Last Word: Tigers Make Top 25, Pfizer's Next Tax Break and Shepherds Creek -

The Tigers make the top 25 ESPN Power Rankings for college football with the Liberty Bowl victory Saturday over Navy 30 – 27. And Tigers coach Mike Norvell responds to the pre-game arrest of a player on a rape charge.

37. Pfizer Seeks Incentives to Retain Financial Services Operations in Memphis -

Admitting that its workforce in Memphis has been declining due to technology and business changes, pharmaceutical company Pfizer Inc. is seeking a 14-year payment-in-lieu-of-taxes incentive from the city and county to retain its finance and accounting operations in Memphis with a “stabilized” workforce of about 250 workers.

38. Prologis Sells 2 Industrial Buildings for $23.8 Million -

San Fransisco-based Prologis Inc. has sold two parcels of its Memphis portfolio for a combined $23.8 million.

39. Nostalgic Space -

Frank Roberts has a passion for recapturing pieces of history. And while a 65-year-old Quonset hut on the outskirts of Tobey Park may not be have the elegant art deco accents of Crosstown Concourse, it certainly captures the essence of its post-war industrial beginnings the same way the former Sears building did in the 1920s.

40. Using Innovation Inside the Enterprise -

Increasingly people with job functions that serve an enterprise but have no customer-facing roles are filling up our Innovation Bootcamps. They are being sent to learn new methods, mindsets and approaches to problem solving. They don’t know what to expect when they arrive, but have plans to apply what they learned to create value for their firms upon leaving.

41. Prologis Sells Two Industrial Buildings for $23.8M -

San Fransisco-based Prologis Inc. has sold two parcels of its Memphis portfolio for a combined $23.8 million.

42. Last Word: Las Vegas React, Moral Monday, Who Pays For Beale Security? -

We open with reaction Monday to the mass shooting in Las Vegas:

Memphis Mayor Jim Strickland:

43. Positive Absorption Streak Continues in Industrial Market -

For the 17th straight quarter, the Memphis area industrial market continued its positive absorption streak, as it wrapped up Q3 2017 with more than 800,000 square feet of positive net absorption, according to commercial real estate brokerage firm CBRE’s Memphis Industrial MarketView Report.

44. IP Investing $300M In Change at Alabama Mill -

International Paper plans to invest around $300 million to convert a paper machine at its Selma, Alabama, mill, which the company says will position it to grow its industrial packaging business.

Memphis-based IP will convert its No. 15 machine at the Riverdale Mill from uncoated freesheet to whitetop linerboard and containerboard. The investment will add 450,000 tons of annual capacity, with flexibility to shift between containerboard products.

45. Morris Realty, Auction Combine Forces -

Morris Realty Group and Morris Auction Group have launched a new brand identity: Morris Realty & Auction. Buyers and sellers now can access each company’s services in one place.

“In today’s marketplace, buyers and sellers desire a one-stop shop for their real estate marketing and auction needs, and Morris Realty & Auction is now positioned to offer that comprehensive experience as we drive successful results for our clients,” Jeff Morris, founder and president of Morris Realty & Auction, said in a statement.

46. T&B Parent Company ABB To Buy GE Unit for $2.6B -

Swiss robotics and industrial machinery maker ABB is buying the electrification services unit of U.S. conglomerate General Electric in a deal valued at $2.6 billion, boosting its presence in its crucial North American market.

47. DHL Planning New Memphis Distribution Facility -

0 Tchulahoma Rd.
Memphis, TN 38118

Tenant: DHL Supply Chain

Landlord: Belz Enterprises

48. US Economic Growth Revised Up to 3.1 Percent Rate in Q2 -

WASHINGTON (AP) – The U.S. economy grew at an upgraded annual rate of 3.1 percent in the spring, the fastest pace in more than two years. But growth is expected to slow sharply this quarter in the wake of a string of devastating hurricanes.

49. Morris Realty, Auction Groups Merge Into One Company -

Morris Realty Group and Morris Auction Group have launched a new brand identity: Morris Realty & Auction. Buyers and sellers now can access each company’s services in one place.

“In today’s marketplace, buyers and sellers desire a one-stop shop for their real estate marketing and auction needs, and Morris Realty & Auction is now positioned to offer that comprehensive experience as we drive successful results for our clients,” Jeff Morris, founder and president of Morris Realty & Auction, said in a statement.

50. DHL Planning New Memphis Distribution Facility -

International shipping giant DHL Supply Chain is planning a massive new development just north of the Tennessee-Mississippi state line.

The global logistics division of Germany’s Deutsche Post DHL Group is looking to build a 580,000-square-foot distribution facility on 55 acres of vacant land east of Tchulahoma Road and west of Meltech Boulevard on the northern border of the state line.

51. T&B Parent Company ABB To Buy GE Unit for $2.6B -

Swiss robotics and industrial machinery maker ABB is buying the electrification services unit of U.S. conglomerate General Electric in a deal valued at $2.6 billion, boosting its presence in its crucial North American market.

52. Dayco Inks Lease In Airport Industrial Park -

Dayco Products Inc. has signed a lease to occupy 45,700 square feet in the Airport Industrial Park at 4292 E. Raines Road.

53. International Paper Investing $300M in Change at Alabama Mill -

International Paper plans to invest around $300 million to convert a paper machine at its Selma, Alabama, mill, which the company says will position it to grow its industrial packaging business.

Memphis-based IP will convert its No. 15 machine at the Riverdale Mill from uncoated freesheet to whitetop linerboard and containerboard. The investment will add 450,000 tons of annual capacity, with flexibility to shift between containerboard products.

54. GPAC Planning New Open-Air Venue -

1801 Exeter Road, Germantown, TN 38138

Owner: Germantown Performing Arts Center

55. The Week Ahead: Sept. 25-Oct. 1 -

Are you ready to ride into the coming week, Memphis? There are some big two-wheel events and races to take in along with performances, fine dining, even a vintage antique market at Agricenter International. Check out more you need to know about in The Week Ahead...

56. Massachusetts Investor Buys Warehouse on Delp -

Wellesley, Massachusetts-based Trident Capital Group has purchased a 150,000-square-foot industrial facility in the airport submarket for $3.5 million.

Trident, doing business as TCG 4290 Delp LLC, bought the warehouse at 4290 Delp St. from a group of investors comprised of three individual entities, according to a warranty deed filed with the Shelby County Register Sept. 19. Ronald Baumgarten with RNB Interests controlled 55 percent of the selling entity, while Brett Baumgarten with BRB Interests and Brett Keeshin with BAK Interests controlled 22.5 percent each.

57. Massachusetts Investor Buys Airport-Area Facility -

Wellesley, Massachusetts-based Trident Capital Group has purchased a 150,000-square-foot industrial facility in the airport submarket for $3.5 million.

Trident, doing business as TCG 4290 Delp LLC, bought the warehouse at 4290 Delp St. from a group of investors comprised of three individual entities, according to a warranty deed filed with the Shelby County Register Sept. 19. Ronald Baumgarten with RNB Interests controlled 55 percent of the selling entity, while Brett Baumgarten with BRB Interests and Brett Keeshin with BAK Interests controlled 22.5 percent each.

58. Germantown Medical Office Sells for $16M -

1325 Wolf Park Drive, Germantown, TN 38138

Sale Amount: $15.9 million

Buyer: Global Medical REIT

59. 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.

60. 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.

61. 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.

62. 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.

63. 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.

64. 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.

65. Tennessee Taco Opens in Former Los Compadres Space -

3295 Poplar Ave.
Memphis, TN 38111

66. 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.

67. 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.

68. 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.

69. 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.

70. 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.

71. 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.

72. 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.

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

549 S. Highland St.
Memphis, TN 38122

Lease Size: 2,788 square feet

74. 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.

75. 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.

76. 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.

77. 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.

78. 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.

79. 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.

80. 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.

81. 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.

82. 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.

83. 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.

84. 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.

85. 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.

86. 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.

87. 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.

88. 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.

89. 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.

90. 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.

91. 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.

92. 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.

93. 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.

94. 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.

95. 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.

96. 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.

97. 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.

98. 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.

99. $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.

100. 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.