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Editorial Results (free)

1. Stanford Financial Doc Accepted to UK Festival -

A documentary about the rise and fall of a financier who had prominent ties to Memphis has been accepted to the UK Screen One Film Festival.

The film’s title is, “Where’s the Money? The Rise and Fall of Stanford Financial.” The downfall of Stanford was the second biggest financial scam in U.S. history after that of Bernie Madoff’s.

2. Financial Steps for Executors -

Ray’s Take The death of a spouse is high on the list of the most stressful events in life. But, as bad as the emotional trauma can be, the financial fallout can be equally traumatic – and can last much longer. Most spouses name each other as their executor, which makes sense. But the job is not an easy one, and few are fully prepared for the responsibility.

3. EDGE Grants Development Loans to 4 Inner-City Businesses -

Memphis’ inner-city neighborhoods garnered $79,000 in business development loans at the Feb. 3 meeting of the Memphis-Shelby County Economic Development Growth Engine’s finance committee.

4. FedEx Targets $200M in Giving By Decade’s End -

Memphis-based FedEx has decided to approach its corporate giving in a new way, one focused on figuring out how to use its assets to make the biggest possible impact in communities.

The company announced this week it’s planning to invest $200 million in more than 200 communities by the end of the decade, part of a new global giving platform – FedEx Cares – the logistics giant has unveiled.

5. Stanford Financial Doc Accepted to UK Festival -

A documentary about the rise and fall of a financier who had prominent ties to Memphis has been accepted to the UK Screen One Film Festival.

The film’s title is, “Where’s the Money? The Rise and Fall of Stanford Financial.” The downfall of Stanford was the second biggest financial scam in U.S. history after that of Bernie Madoff’s.

6. Exxon's 4Q and Annual Profit Plunge With Oil Prices -

DALLAS (AP) — The big plunge in crude prices is taking a toll on Big Oil.

Exxon Mobil Corp. said Tuesday that fourth-quarter profit fell 58 percent to $2.78 billion. It was the oil giant's smallest profit since the third quarter of 2002.

7. Save-A-Lot to Anchor New Sam Cooper Shopping Center -

Southeast Corner of Sam Cooper
Boulevard and Tillman Street
Memphis, TN 38104

Tenant: Save-A-Lot

Size: 16,300 square feet

Tenant’s Agent: Frank Dyer, Loeb Realty Group

8. ProLogis Sells 90M Square Feet of Property -

ProLogis has unloaded nearly 90 million square feet of its industrial holdings in six separate deals.

ProLogis, working under a number of affiliated names, sold multiple properties – including two warehouses housing Cummins Inc.’s distributions operations – to Exeter Property Group, according to warranty deeds signed Dec. 29. They include:

9. Q&A: U of M’s Dan Pallme Points to Shipping Changes, Challenges in 2016 -

Dan Pallme is heavily involved in the University of Memphis’ logistics industry departments. He runs the Freight Transportation Leadership Academy, a program that consists of technical tours, sessions with industry experts, and overviews of historic and current trends to encourage leadership in Memphis’ primary modes: rail, river, road and runway.
He is also the senior associate director and freight industry liaison for the U of M’s Intermodal Freight Transportation Institute and the private-sector coordinator for the Southeast Transportation Workforce Center. He has worked with air, rail and trucking companies over the past 25 years.

10. Fenced Out -

There’s a major problem in Memphis when it comes to minorities: African-Americans make up 63 percent of the population but garner less than 1 percent of total business receipts within Memphis, according to the most recent U.S. Census data.

11. ProLogis Sells 90 Million Square Feet of Property -

ProLogis has unloaded nearly 90 million square feet of its industrial holdings in six separate deals.

ProLogis, working under a number of affiliated names, sold multiple properties – including two warehouses housing Cummins Inc.’s distributions operations – to Exeter Property Group, according to warranty deeds signed Dec. 29. They include:

12. Memphis CFO Brian Collins 'Constantly at 50,000 Feet' -

If you think about the city’s chief financial officer at all, you might imagine a robotic figure forever tethered to numbers and a desk, taking a microscopic view of life in search of where to squeeze out a few more dollars here, a few more dollars there.

13. Medical Startup Trades Texas for Germantown -

David Leon’s medical device startup is the latest addition to a rapidly expanding health care, biotech and life sciences landscape in the Memphis area.

14. Belz Sells Linden Camilla Towers for $14.4 Million -

256 S. Camilla Street
Memphis, TN 38104

Sale Amount: $14.4 million

Sale Date: Dec. 6, 2015

15. Logistics Startup Exec: Amazon Gunning for FedEx -

The number of voices in the technology world convinced that Amazon has stuck a target on the back of FedEx – as well as its larger competitor, UPS – continues to grow.

The latest is Matthew Hertz, director of operations at package shipment startup Shyp. He took to social networking service LinkedIn in recent days to pen a commentary about why Amazon’s emergence as a significant logistics alternative appears to be a matter of when, not if.

16. International Real Estate Firms Find Purchase Potential in Memphis -

International investors and developers are increasingly looking to Memphis because the market is stable and the returns are high, according to a variety of real estate professionals doing business locally.

17. Exeter Property Group Transfers 13 Properties -

Exeter Property Group has sold 13 Memphis industrial properties for a combined $143.3 million – all part of the massive deal in which Exeter sold its U.S. industrial portfolio for $3.2 billion.

18. Olymbec Compiling Airport-Area Office Park -

Olymbec USA LLC is gaining critical mass near Memphis International Airport with the planned purchase of a 133,600-square-foot office building at 2600 Nonconnah Blvd.

19. DHL Triples Space in New Memphis Service Center -

International shipping provider DHL is undergoing a Memphis growth spurt and has expanded a service center to meet growing need.

This week, operations got fully underway at the new 30,000-square-foot facility at 3560 Air Center Cove, near the Memphis International Airport. Previously, DHL was housed at an 11,000-square-foot space at 4140 Getwell Road.

20. Exeter Property Group Transfers 13 Properties -

Exeter Property Group has sold 13 Memphis industrial properties for a combined $143.3 million – all part of the massive deal in which Exeter sold its U.S. industrial portfolio for $3.2 billion.

21. Delta Posts $980 Million 4Q Profit on Lower Fuel Prices -

DALLAS (AP) — Cheaper jet fuel thanks to falling oil prices helped Delta Air Lines earn $980 million in the fourth quarter despite lower revenue than a year ago.

Delta shares rose almost 5 percent in midday trading Tuesday, recovering some of their January losses.

22. Insider Q&A: Allianz Strategist Hooper on Market Turmoil -

WASHINGTON (AP) — Last year was the stock market's first down year since 2008, and this year has opened with a thud. The market is down 8 percent in the first two weeks of trading, the worst start to a year ever.

23. EdR Selling 5.5M Shares In Public Offering -

Memphis-based real estate investment trust EdR plans to sell 5.5 million shares of common stock in an underwritten public offering, the company announced Monday, Jan. 12.

EdR, which is one of the nation’s largest owners, developers and managers of collegiate housing, priced the stock at $35.50 per share to the public, with the offering expected to close on or about Jan. 15. The company also plans to grant the underwriters a 30-day option to purchase up to 825,000 additional shares of common stock.

24. CCRFC Approves $1.7M For Convention Center Work -

The Center City Revenue Finance Corp. approved up to $1.7 million in revenue bonds Tuesday, Jan. 12, for Memphis Cook Convention Center improvements.

25. Wright CEO: Merger Fuels Growth -

In the wake of the closing of its merger with Tornier N.V., a global medical device company headquartered in Amsterdam that makes and markets joint replacement and soft tissue repair devices, Wright Medical Group Inc. has transformed itself into a high-growth extremities and biologics company.

26. Outside the Box -

Southwest Tennessee Community College is opening its new Whitehaven Center on Tuesday, Jan. 19. The building, which accommodates nearly 2,000 students at 1234 Finley Road off Elvis Presley Boulevard, is seeing new life following its run as a Kroger store that closed in 2011.

27. Tennessee Startups Chasing Greater Opportunities -

When it comes to launching startup companies, Tennessee is best described as “early stage.”

The less than $200 million in venture capital invested in Tennessee businesses in 2014 is a rounding error compared to the $30 billion invested in California. And when the final tally for 2015 comes out later this month, the disparity won’t be much smaller.

28. Ikea Brings Sustainability Practices to Memphis -

Sustainability at large businesses sometimes might seem to only focus on buzzwords such as solar panels, carbon footprints and LEED certification.

Those practices are good steps in today’s sustainable world. Sometimes, though, the little things go a long way.

29. US Stocks Rebound a Day After Plunge, Led by Energy Sector -

The major U.S. stock indexes veered higher in afternoon trading, recovering from an early slide. Energy companies led the rally, climbing along with the price of crude oil. The gains came a day after the market had its worst drop since September. Exxon Mobil and Chevron each jumped about 5 percent, by far the largest gains in the Dow Jones industrial average.

30. RVC Outdoor Submits Ambitious Mud Island Plan -

RVC Outdoor Destinations, the Memphis-based company headed by Andy Cates, is proposing a conservancy for Mud Island River Park similar to the Overton Park Conservancy. And its proposal seeks an agreement directly with the city for his company to develop the park, bypassing the Riverfront Development Corp.

31. CCRFC Approves $1.7M For Convention Center Work -

The Center City Revenue Finance Corp. approved up to $1.7 million in revenue bonds Tuesday, Jan. 12, for Memphis Cook Convention Center improvements.

32. EdR Selling 5.5M Shares In Public Offering -

Memphis-based real estate investment trust EdR plans to sell 5.5 million shares of common stock in an underwritten public offering, the company announced Monday, Jan. 12.

EdR, which is one of the nation’s largest owners, developers and managers of collegiate housing, priced the stock at $35.50 per share to the public, with the offering expected to close on or about Jan. 15. The company also plans to grant the underwriters a 30-day option to purchase up to 825,000 additional shares of common stock.

33. US Stocks Veer Lower Following Another Drop in Price of Oil -

A slump in crude oil prices and other commodities weighed on stocks in afternoon trading Monday. Energy companies were among the biggest decliners as the price of crude oil sank to the lowest level in more than a decade. Investors also weighed the implications of another drop in China's stock market.

34. Collierville Assisted Living Facility Sells for $17 Million -

601 Wolf River Blvd.
Collierville, TN 38017

Sale Amount: $17 million

Sale Date: Dec. 29, 2015

35. Last Word: El Chapo and Memphis, First Filers for August and Origins in Graffiti -

The Mississippi River at Memphis crested and then it rained.
The weekend rain added about two-tenths of an inch by Saturday to Friday’s crest.
But by Sunday, the river had dropped to 39.12 feet, which is still more than five feet above flood stage.

36. Innova’s Bouten Talks Growing Health Care Hub -

When Jan Bouten looks out his office window at 20 S. Dudley St., he can count no less than five medical institutions in his field of view.

37. Shelby County Tax Property Sale Features Two Firsts -

When the Shelby County Trustee’s office puts a set of tax delinquent properties up for auction Jan. 19-21, it will be a first in several ways.

The auction will be the first such sale in Tennessee online and it will be the first tax sale with shorter redemption periods for some of the property, depending on how far behind the original owner is on their property taxes.

38. Collierville Assisted Living Facility Sells for $17M -

Culpepper Place of Collierville, an assisted living facility at 601 Wolf River Blvd., has a new owner and a new name following its $17 million sale.

39. Pilot Distribution Center Sells for $11.9 Million -

The 605,000-square-foot Pilot Distribution Center in Southeast Memphis has sold for $11.9 million.

Sealy Strategic Equity Partners LP, working as Sealy Pilot LLC, purchased the industrial warehouse at 4221 Pilot Drive from Pilot Distribution Center Inc. on Dec. 22, according to a warranty deed.

40. Back to Basics: Investing 101 -

Ray’s Take Learning how to invest your money is one of life’s more important lessons. You don’t need to be Warren Buffet to start investing. But you do need to have a basic understanding of investment and investment terms along with the confidence to make a plan.

41. Collierville Assisted Living Facility Sells for $17M -

Culpepper Place of Collierville, an assisted living facility at 601 Wolf River Blvd., has a new owner and a new name following its $17 million sale.

42. Pilot Distribution Center Sells for $11.9 Million -

The 605,000-square-foot Pilot Distribution Center in Southeast Memphis has sold for $11.9 million.

Sealy Strategic Equity Partners LP, working as Sealy Pilot LLC, purchased the industrial warehouse at 4221 Pilot Drive from Pilot Distribution Center Inc. on Dec. 22, according to a warranty deed.

43. Mall of Memphis Property Bought by Trucking Company -

113-Acre Former
Mall of Memphis Site
Sale Amount: $3.9 million

Sale Date: Dec. 29, 2015
Buyer: TAG Real Estate Holdings LLC
Seller: Memphis Industrial Properties LLC (Johnson Development Associates Inc.)
Loan Amount: $23 million
Loan Date: Dec. 29, 2015
Lender: Mercedes-Benz Financial Services USA LLC
Details: The 113-acre former Mall of Memphis property has a new owner. TAG Real Estate Holdings, an affiliate of Memphis-based TAG Truck Enterprises LLC, paid $3.9 million, or $34,513 an acre, to buy the property from Johnson Development Associates Inc., acting as Memphis Industrial Properties LLC.

44. Tennessee Looks for Returns From Investment Program -

NASHVILLE, Tenn. (AP) – After six years, an investment program in Tennessee has become a sparkplug for startups and spurred job creation. It has put private investors on track to make millions and yielded millions in tax savings for insurance companies.

45. The Good and Bad of Memphis’ Fortune 500 -

During a breakfast meet-and-greet with young professionals earlier this fall at International Paper’s newly opened building on its Poplar Avenue campus, IP chairman and CEO Mark Sutton recalled attending an investor day event during his first month on the job.

46. Memorable Events of 2015 will Spill Into 2016 -

When you really get down to it, history is a collection of moments, moments that, when they fall one after the other over the long arc of time, eventually form the tapestry representing who we are.

47. Varsity Brands Acquires Texas-Based Company -

Memphis-based Varsity Brands has acquired Allgoods LLC of Grand Prairie, Texas, an apparel school fundraising company.

48. Varsity Brands Acquires Texas-Based Company -

Memphis-based Varsity Brands has acquired Allgoods LLC of Grand Prairie, Texas, an apparel school fundraising company.

49. Nike’s Global Expansion Connected to Memphis -

Name the earnings conference call this company CEO quote is from: “The success you see today and the opportunities ahead are driven by the strength of our portfolio.”

You could be forgiven for guessing it came from a FedEx Corp. call since Fred Smith, founder and CEO of the Memphis-based corporation, frequently speaks of the FedEx “portfolio.” He also frequently lectures analysts about the perils of judging FedEx by the performance of one part of the portfolio or looking at the portfolio a piece at a time.

50. The Titans Will Be Sold. Soon. Here’s Why -

Anybody got a spare $2 billion lying around? If so, the Tennessee Titans could be yours. Despite statements to the contrary by Titans management, there is growing sentiment locally and around the NFL that the team soon will be available to the highest bidder.

51. Last Word: The Force Reawakens, Methodist Expands and Setting Up 2016 -

Last Word is a new daily online column that offers an overview of what’s happened at the end of shift, so to speak. Picture a dimly lit newsroom in the Downtown night and the last person in the place leaving a memo for the morning shift and you have a pretty good idea of what we are aiming for.

52. Bridgestone Inks Deal to Acquire Pep Boys for $863M -

Pep Boys has agreed to be acquired by Bridgestone for $863 million in cash after the tires and auto service company sweetened its offer following a bid from Carl Icahn's investment firm.

Bridgestone and Pep Boys said late Friday that the new offer amounts to $15.50 for each Pep Boys share, an increase from its previous offer of $15 per share.

53. MAA Board Hikes Dividend 6.5 Percent -

MAA’s board of directors has approved a 6.5 percent hike in the company’s dividend for fiscal year 2016, the dividend’s sixth consecutive annual increase.

The quarterly reward to shareholders will grow from 77 cents to 82 cents per share of common stock and will be effective for quarterly dividends payable after Jan. 1. The increase also raises the annualized dividend payout to $3.28 per share of common stock, up 20 cents.

54. Main Event’s ‘Eat. Bowl. Play’ Opens -

Main Event Entertainment looks at dozens of metrics when deciding where to bring its sprawling family entertainment centers next – everything from an area’s growth trajectory to the mix of households with children as well as young singles.

55. MAA Board Hikes Dividend 6.5 Percent -

MAA’s board of directors has approved a 6.5 percent hike in the company’s dividend for fiscal year 2016, the dividend’s sixth consecutive annual increase.

The quarterly reward to shareholders will grow from 77 cents to 82 cents per share of common stock and will be effective for quarterly dividends payable after Jan. 1. The increase also raises the annualized dividend payout to $3.28 per share of common stock, up 20 cents.

56. MAA Board Hikes Dividend -

MAA’s board of directors has approved a 6.5 percent hike in the company’s dividend for fiscal year 2016, the dividend's sixth consecutive annual increase.

The quarterly reward to shareholders will grow from 77 cents to 82 cents per share of common stock and will be effective for quarterly dividends payable after Jan. 1. The increase also raises the annualized dividend payout to $3.28 per share of common stock, up 20 cents.

57. Medtronic Tops Q2 Profit Forecasts, Narrows Outlook -

NEW YORK (AP) – Medical device maker Medtronic Inc. on Thursday reported a drop in fiscal second-quarter profit on higher costs, but the results topped Wall Street expectations. The company narrowed its profit outlook for the year.

58. Makowsky Ringel Greenberg Buys 8 Acres Near Broad Avenue -

The bids have been opened. Memphis-based multifamily housing manager and developer Makowsky Ringel Greenberg won the eight acres of vacant Sam Cooper right-of-way announced for sale early last month.

59. Methodist Forms Partnership to Improve Health Care Quality in China -

Methodist Healthcare is known as one of Memphis’ leading health care institutions, but it’s also working to spread its institutional knowledge related to things like training and health care management across the globe.

60. Memphis Guitar Spa Carves Unique Place in City -

In a city known for music and a hard-working, gritty vibe, Memphis Guitar Spa in the heart of the Broad Avenue Arts District personifies that attitude.

Owner Kevin Ferner opened the business in 2013 at 2561 Broad, where he and partner Hans Hilboldt are luthiers, specializing in guitar repairs, custom builds and custom finishes. The shop’s repair and restoration department handles everything from broken tops to finish work and broken necks. While there are other technicians in town, Ferner said Memphis Guitar Spa is a rarity in that it also provides complete reconstruction of acoustic and electric guitars, including working on finished instruments.

61. Ready for Launch -

Five hundred new companies in 10 years. That’s the idea that founded EPIcenter, short for Entrepreneurship-Powered Innovation Center, an organization looking to catalyze the entrepreneurial movement in Memphis.

62. Best Buy Reports Weak 3Q Sales, Cautious Outlook -

NEW YORK (AP) — Best Buy shares plunged Thursday after reporting disappointing quarterly sales and a cautious outlook for the key holiday shopping season as it faces price pressures and tougher competition from online stores.

63. Target Profit Climbs as Customer Traffic Increases -

MINNEAPOLIS (AP) — Target says its sales rose 1.9 percent at established locations in the third quarter as it worked to revive its business by strengthening flagship categories like clothing and children's products.

64. Wal-Mart Tops 3Q Profit Forecasts, Narrows Full-Year Outlook -

NEW YORK (AP) — Walmart reported improved customer traffic and an uptick in a key sales figure for the third quarter, even as a stronger dollar pressured its performance overseas.

The world's largest retailer also issued a forecast for the holiday shopping season that largely topped Wall Street expectations, and narrowed its full-year outlook after cutting it in August.

65. D1 Sports Training Facility Sells for $4.1 Million -

85 Market Center Drive
Collierville, TN 38107

Sale Amount: $4.1 million

Sale Date: Nov. 5, 2015

66. Hamlet Offers Plan For Global Ministries Foundation's Inner-City Apartments -

Global Ministries Foundation founder Richard Hamlet has a multi-million dollar recapitalization plan to make extensive renovations at three inner-city apartment complexes his company owns.

67. Cole Carves Community Role At Duncan Williams Asset Management -

The idea of “to whom much was given, much is required” comes from scripture.

It’s a philosophy for a number of organizations and individuals, and one that is important to Roland Cole, associate vice president of Duncan Williams Asset Management. He has served on boards of various nonprofit organizations in Memphis and served as a mentor to community youth.

68. Rings and Pacifiers: Health Gadgets Get Sophisticated -

HELSINKI (AP) — After the smartphone and fitness bracelet, here comes the smart ring. And the smart pacifier, and smart rollator.

"Wellness" computers that monitor your pulse, temperature and other health indicators are becoming increasingly sophisticated and varied to cover every aspect — and age — of human life.

69. RVC's Cates Speaks Out on Mud Island Plan -

Keep the Riverwalk and amphitheater. Maybe extend Greenbelt Park into Mud Island River Park with camping on the southern end of the island. Bring in food trucks instead of restaurants.

Those are some of the ideas Andy Cates has for Mud Island, which he talked about in detail for the first time Thursday, Nov. 12.

70. LEDIC to Open New Headquarters in East Memphis -

LEDIC, a Memphis-based manager, owner and developer of multifamily properties around the country, is building a new $10.2 million state-of-the-art headquarters facility in Memphis.

The company will create 300 new Tennessee jobs in the process, LEDIC announced Wednesday, Nov. 11. About 100 of the new jobs will be based at the new national headquarters at 555 S. Perkins Rd. The remaining 200, which include management, construction, maintenance and leasing positions, will be distributed throughout the state.

71. McDonald's Won't Pursue Real Estate Investment Trust -

OAK BROOK, Ill. (AP) — McDonald's says it will not pursue spinning off its real estate assets.

The world's largest hamburger chain, which is in the midst of a turnaround plan, had been considering forming a real estate investment trust partly because of the potential tax advantages it could provide.

72. New Tech901 Expands City’s Tech Field -

A new nonprofit has launched in Memphis to help guide technology job growth, while showing outside companies advantages of doing business in the Bluff City.

Tech901’s mission is to train current and potential Memphians for a variety of technology jobs while working with employers to increase the local technology job base.

73. Killing Keystone XL, Obama Says Pipeline Not in US Interests -

WASHINGTON (AP) — President Barack Obama killed a Canadian energy giant's application to build the Keystone XL pipeline on Friday, declaring the proposed project wouldn't serve U.S. national interests and would have undercut America's global leadership on climate change. The decision capped a seven-year saga that spiraled into one of the biggest environmental flashpoints of Obama's presidency.

74. ‘Musical Mob’ Explained, Readers Invited to Showcase -

For a couple more months the I Swear Crossword and this column will have something in common. Starting Jan. 1, 2016, the connection between the two will be lost.

The good news is that both will still be around, thanks to the dozens, maybe one dozen, of you who expressed your sentiments on that topic. I’m much appreciative for the votes of confidence.

75. Summit Distribution Center Sells for $21.6 Million -

5155 U.S. 78
Memphis, TN 38118

Sale Amount: $21.6 million

Sale Date: Oct. 21, 2015

Buyer: Summit I Distribution Center LLC

76. SEC Opens Door to Startup Investing For All -

WASHINGTON (AP) — A new form of crowdfunding is coming soon that will allow startups to raise money by selling stock to Main Street investors.

The Securities and Exchange Commission on Friday adopted rules implementing a 2012 law that opened the door to securities crowdfunding. The vote was 3-1 at a public meeting.

77. $200M Silicon Plant Opens in North Miss. -

The first silicon metal manufacturing facility built in the U.S. in more than 40 years is now up and running in the North Mississippi town of Burnsville, a little more than 100 miles southeast of Memphis.

78. MAA Sees Growth In Third Quarter -

Mid-America Apartment Communities Inc. has reported core funds from operations at $1.38 per diluted common share for the third quarter ended Sept. 30, the company announced this week.

79. MAA Sees Growth In Third Quarter -

Mid-America Apartment Communities Inc. has reported core funds from operations at $1.38 per diluted common share for the third quarter ended Sept. 30, the company announced this week.

80. ESPN Announces Layoff -

With the NBA basketball season just starting up, ESPN has made an announcement that may seem quite shocking. They are planning to lay off 300 employees, or 4 percent of their 8,000-person workforce. Given that ESPN is a worldwide authority in sports, this news seems a bit jarring at first.

81. Musistic Brings Musicians Together -

Imagine being an artist who wants to collaborate with another musician who lives five states away or even on another continent.

The logistics of recording together is a nightmare at best, and impossible to get together at worst. Jimbo Lattimore and the other founders of Musistic saw the problem firsthand and realized a solution was possible.

82. VW Affirms Commitment to Chattanooga Plant Despite Scandal -

FRANKFURT, Germany (AP) — Volkswagen is sticking with planned investments at its plant in Chattanooga, Tennessee — including production of a new SUV there next year — despite the uncertainty caused by its emissions scandal.

83. Orgill to Build New World HQ in Collierville -

Orgill Inc. is going to build its new world headquarters in Collierville, bringing a $15 million investment and 115 new jobs.

Memphis-based Orgill is the world’s largest independently owned hardlines distributor, according to the Tennessee Department of Economic and Community Development.

84. Orgill to Build New World HQ in Collierville -

Orgill Inc. is going to build its new world headquarters in Collierville, bringing a $15 million investment and 115 new jobs.

85. State Systems Inc. Buys New HQ -

One of the Economic Development Growth Engine’s latest payment-in-lieu-of-taxes recipients is expanding its market footprint and real estate holdings with the recent purchase of seven Memphis properties.

86. Trinity Ridge Business Center Sells for $16M -

7730, 7740, 7750, 7760, 7866 Trinity Road
Cordova, TN 38018
Sale Amount: $16 million

87. LendMed Wants to Track Health Care Sharing -

Through conversations with health care industry professionals, Ryan Freiden saw a need he thought he could fill.

88. Toshiba Warehouse Sold For $7.7 Million -

Toshiba America Inc.’s Hickory Hill home has changed hands for $7.7 million.

Delaware-based Net Magan Property Owner One LP sold the 207,472-square-foot industrial property at 5400 Distriplex Farms Drive to national real estate investment group Sealy & Company.

89. International Paper CEO: 'Find a Way to Be Relevant' -

International Paper chairman and CEO Mark Sutton, who’s been the top executive at the Memphis-based paper and packaging products giant for almost a year now, has some pretty basic guideposts for being a good leader.

90. Toshiba Warehouse Sold For $7.7 Million -

Toshiba America Inc.’s Hickory Hill home has changed hands for $7.7 million.

Delaware-based Net Magan Property Owner One LP sold the 207,472-square-foot industrial property at 5400 Distriplex Farms Drive to national real estate investment group Sealy & Company.

91. Huge Memphis Industrial Lease Caps Busy Q3 -

The largest lease of the year has gone to a Fortune 500 Company.

TJX Cos., the parent company of T.J. Maxx, Homegoods and Marshalls, signed on with 800,000 square feet at Memphis Oaks III in Southeast Memphis.

92. Record Q3 Profit at United Fueled by Cheap Fuel -

DALLAS (AP) — Helped by lower jet fuel prices, United Airlines posted a record third-quarter profit even with lower revenue and airfares.

The airline's new acting CEO renewed his predecessor's pledge to improve service and boost profit margins.

93. Toshiba Warehouse Sold For $7.7 Million -

Toshiba America Inc.’s Hickory Hill home has changed hands for $7.7 million.

Delaware-based Net Magan Property Owner One LP sold the 207,472-square-foot industrial property at 5400 Distriplex Farms Drive to national real estate investment group Sealy & Company.

94. Developer Long on Downtown Memphis, Short on Specifics -

Three Downtown properties are now owned by an Atlanta-based affiliate of an Australian real estate investment and development company, which is giving little in the way of clues about its Memphis plans.

95. Videographer to Release Stanford Documentary -

One night several years ago, while he was watching Alex Gibney’s film, “Enron: The Smartest Guys in the Room,” Houston-based videographer Dave Henry got an idea.

96. Boyle Buys Vining Sparks HQ For $16.3M -

776 Ridge Lake Boulevard
Memphis, TN 38120

Sale Amount: $16.3 million

Sale Date: Oct. 15

97. Boyle Buys Ridgeway Center Office Building -

Boyle Investment Co. has purchased the Vining Sparks headquarters building in East Memphis.

The Memphis-based real estate development company bought the 120,000-square-foot structure at 775 Ridge Lake Boulevard for $16.3 million.

98. Boyle Buys Ridgeway Center Office Building -

Boyle Investment Co. has purchased the Vining Sparks headquarters building in East Memphis.

The Memphis-based real estate development company bought the 120,000-square-foot structure at 775 Ridge Lake Boulevard for $16.3 million.

99. Boyle Buys Ridgeway Center Office Building -

Boyle Investment Co. has purchased the Vining Sparks headquarters building in East Memphis.

The Memphis-based real estate development company bought the 120,000-square-foot structure at 775 Ridge Lake Boulevard for $16.3 million.

100. Twitter Purging Workers as New CEO Slashes Costs -

SAN FRANCISCO (AP) — Twitter is laying off up to 336 employees, signaling CEO Jack Dorsey's resolve to slash costs while the company struggles to make money.