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Editorial Results (free)

1. Lawmakers Blast Haslam Administration for Process Toward JLL Contract -

The Tennessee Department of General Services is set to award a statewide contract for facility management services to Jones Lang LaSalle, a company that already handles 10 percent of state office space and estimates a 15.9 percent savings if all higher education institutes participate.

2. Is College Worth The Investment? -

I’ve met a number of people lately who have said something that’s surprised me. They’ve told me that they aren’t sure if college is really worth it. They believe it would be a waste of money to pay for something they might never use, especially if they change their mind on their career path later.

3. Trump's SEC Pick, an Ex-Goldman Lawyer, to Face Skepticism -

WASHINGTON (AP) – Goldman Sachs may be about to get another friend in Washington.

Jay Clayton, a well-connected Wall Street lawyer who is President Donald Trump's pick to lead the Securities and Exchange Commission, is sure to face sharp questions from Democrats at his confirmation hearing Thursday over his years of work for Goldman and other financial giants.

4. FedExFamilyHouse Breaks Ground on $12M Expansion -

918 Poplar Ave.
Memphis, TN 38105

Project Cost: $12 million 

Owners: Le Bonheur Children’s Hospital and FedEx

5. Lehman-Roberts’ Moore Lauded By Asphalt Industry Group -

Rick Moore, who is retiring as chairman of Lehman-Roberts Co. March 31 after 46 years with the company, has been named the National Asphalt Pavement Association’s Man of the Year. 

6. Hickory Hill Home Depot Site Sells for $15 Million -

3469 Riverdale Road
Memphis, TN 38115 

Sale Amount: $15.7 million

Sale Date: March 3, 2017

Buyer: Spirit Realty Capital

7. City Seeks Convention Center Hotel Planning Consultant -

The Memphis Cook Convention Center renovation is about to get a construction manager and soon to follow will be a price estimate – how much an upgrade to the 40-plus-year-old facility can the city get for its money.

8. $12 Million Permit Filed For Hickman Building -

240 Madison Ave.
Memphis, TN 38103

Permit Amount: $12 million

Project Cost: $16 million

Application Date: February 2016

9. $12 Million Permit Filed for Hickman Building -

Montgomery Martin Contractors has filed a $12 million building permit application with the city-county Office of Construction Code Enforcement to renovate the historic Hickman Building into a mixed-use development that will include the new headquarters of Memphis-based investment firm, SouthernSun Asset Management.

10. $12M Building Permit Pulled for Hickman Building -

Montgomery Martin Contractors has filed a $12 million building permit application with the city-county Office of Construction Code Enforcement to renovate the historic Hickman Building into a mixed-use development that will include the new headquarters of Memphis-based investment firm, SouthernSun Asset Management.

11. SouthernSun Converting Historic Downtown Building to New HQ -

SouthernSun Asset Management is preparing to convert part of a historic but long-vacant Downtown building into its new headquarters.

The $16 million project seeks to turn the nine-story Hickman Building, 240 Madison Ave., into a mixed-use project that houses the Memphis-based investment firm's headquarters as well as 40 apartments, 5,000 square feet of street-level retail and a connected parking structure.

12. SouthernSun Converting Historic Downtown Building to New HQ -

SouthernSun Asset Management is preparing to convert a historic but long-vacant Downtown building into its new headquarters.

The Memphis-based investment management firm plans to invest around $16 million to turn the nine-story Hickman Building, 240 Madison Ave., into a mixed-use project that houses its headquarters as well as 40 apartments, 5,000 square feet of street-level retail and a connected parking structure.

13. SouthernSun Converting Historic Downtown Building to New HQ -

SouthernSun Asset Management is preparing to convert a historic but long-vacant Downtown building into its new headquarters.

The Memphis-based investment management firm plans to invest around $16 million to turn the nine-story Hickman Building, 240 Madison Ave., into a mixed-use project that houses its headquarters as well as 40 apartments, 5,000 square feet of street-level retail and a connected parking structure.

14. SouthernSun Converting Historic Downtown Building to New HQ -

SouthernSun Asset Management is preparing to convert a historic but long-vacant Downtown building into its new headquarters.

The Memphis-based investment management firm plans to invest around $16 million to turn the nine-story Hickman Building, 240 Madison Ave., into a mixed-use project that houses its headquarters as well as 40 apartments, 5,000 square feet of street-level retail and a connected parking structure.

15. SouthernSun Converting Historic Downtown Building to New HQ -

SouthernSun Asset Management is preparing to convert a historic but long-vacant Downtown building into its new headquarters.

The Memphis-based investment management firm plans to invest around $16 million to turn the nine-story Hickman Building, 240 Madison Ave., into a mixed-use project that houses its headquarters as well as 40 apartments, 5,000 square feet of street-level retail and a connected parking structure.

16. Waddell: 2017 a Year for ‘Shifting Gears’ -

David Waddell will be in Florida this week for a meeting with the very first client of his namesake Memphis-based investment firm, Waddell & Associates. On the same trip down there a year ago, Waddell recalls being encouraged to “be bold” in his decisions and leadership of the firm.

17. Binghampton Gateway Comes to Food Desert -

The groundbreaking of a shopping center doesn’t always attract a large crowd of city officials and TV cameras, but then again not every shopping center is an oasis in the middle of a food desert.

18. Binghampton Gateway Center Spells End for Inner City Food Desert -

The groundbreaking of a shopping center doesn’t always attract a large crowd of city officials and TV cameras, but then again not every shopping center is an oasis in the middle of a food desert.

19. Yahoo Salvages Verizon Deal With $350 Million Discount -

SAN FRANCISCO (AP) – Yahoo is taking a $350 million hit on its previously announced $4.8 billion sale to Verizon in a concession for security lapses that exposed personal information stored in more than 1 billion Yahoo user accounts.

20. Attorney Harkavy Named To Wyatt’s Executive Committee -

Lee A. Harkavy is one of two attorneys from the Memphis office of Wyatt, Tarrant & Combs LLP to be named to the regional law firm’s executive committee. Harkavy is a commercial transactional attorney focused primarily on representing businesses in their external growth endeavors or exit strategies. In that capacity, he advises clients on mergers, acquisitions and dispositions, and capital-raising transactions.

21. City Council to Take First Vote on Impasse Changes -

Memphis City Council members take their first vote Tuesday, Feb. 21, on changes to the city’s impasse ordinance.

The ordinance is a set of rules governing how the council settles deadlocked contract talks between the city administration and municipal labor unions without the council venturing into negotiations between the two sides.

22. Critical Focus Plan Gets Good Initial Reviews -

The 19 low-performing, low-enrollment schools in Shelby County Schools’ “critical focus” group would share in 20 new behavioral specialists SCS plans to put in its budget proposal.

23. View From the Hill: Legislators Feel Free to Work Against Haslam -

Democrats appear delighted about division within Republican ranks concerning Gov. Bill Haslam’s proposed fuel-tax increase, detecting a possible chink in the armor.

“How many times does the supermajority have to stab the governor in the back and undermine his core proposals before the people of the state of Tennessee wonder whether they need a different group up here?” asks Mike Stewart, House Minority Caucus chairman.

24. DMC Explores Long-Term Planning for Beale -

The leader of the Downtown Memphis Commission wants to start working toward a long-term approach to day-to-day management of the Beale Street entertainment district.

That’s what DMC president Terence Patterson told Memphis City Council members Tuesday, Feb. 7, at the council’s second discussion in three weeks about Beale Street.

25. Rewrite of City Impasse Ordinance Draws Fire from Unions -

The unions representing city of Memphis employees gave a rough reception Tuesday, Feb. 7, to a proposal to revamp the city’s impasse proceedings for stalled contract talks between the unions and the city administration.

26. Trump Moves to Scale Back Financial Regulations -

WASHINGTON (AP) – President Donald Trump is taking his first steps aimed at scaling back financial services regulations, and the Republican-run Congress cast a vote early Friday signaling that it's eager to help.

27. Cost-Containment Strategies for Employers -

After wages, health care is the No. 1 cost for most employers. So, it’s no surprise that health insurance and health care costs have been making headlines for nearly 25 years. Hillarycare was introduced in 1993 and the topic has not moved out of the spotlight since. Current health care spending is over $3.2 trillion per year, which is equal to around 18 percent of our GDP.

28. View From the Hill: Haslam Plan Tilts Broadband Playing Field -

State Reps. Pat Marsh and Art Swann emerged from a meeting underwhelmed by Gov. Bill Haslam’s legislation to spread broadband internet access across Tennessee.

“I thought there would be a lot more to it,” says Marsh, a Shelbyville Republican, calling the proposal “a drop in the bucket” financially but at least a starting point.

29. Stanifer Takes On Creative Role at Hollywood Feed -

Hollywood Feed has promoted Katherine Stanifer to graphic art manager, a role that includes serving as the lead graphic designer for brand assets for the retailer’s 50 locations across the Southeast. Stanifer works closely with Hollywood Feed’s director of advertising & creative, Billie Claire Darby, on a variety of projects ranging from internal training videos to monthly sales catalogs.

30. E-Commerce Return Shipments Spur Growth in Reverse Logistics Sector -

After the dust settled from the busiest time of the year for return shipments, commercial real estate services and investment firm CBRE Group Inc. released a report that outlined the methods retailers use to handle returned merchandise from e-commerce sales.

31. Through Banking and More, Williams Invests in Memphis -

Duncan Williams runs his investment bank the way others might run a family. “We do things differently around here,” he concedes. “When I walk out on the floor, nobody calls me ‘Mr. Williams.’ Mostly it’s, ‘What’s up, D.?’”

32. DMC President Patterson Talks About ‘Tough’ Downtown Walk -

Downtown Memphis Commission president Terence Patterson keeps imagining a walk from the Pyramid to the National Civil Rights Museum as a test of where Downtown is and where he wants it to be.

33. Raiders File Papers to Move From Oakland to Las Vegas -

LAS VEGAS (AP) – The Oakland Raiders have filed paperwork to move to Las Vegas.

The NFL and officials in Nevada confirmed Thursday that the team is asking league owners to approve the move, although the team made no immediate comment and a group that wants to keep the team in Oakland vowed it was still in the game and "playing to win."

34. View From the Hill: Cooperatives Ready to Fill Broadband Void -

Rural broadband backers such as Misty O’Beirne in Rutherford County can take heart. Legislation to spread high-speed internet into cyberspace deserts is making the right connections.

35. Rerouting Regulations -

With every new administration comes some degree of uncertainty when it comes to federal regulations.

But after an especially unpredictable campaign season, all eyes are now on the president-elect to see what he’ll do next. 

36. Strickland: Core Services Strategy Sustaining Momentum -

Memphis Mayor Jim Strickland said his core services or “brilliant at the basics” strategy is working a year into his four-year term of office. But he told the Memphis Kiwanis Club Wednesday, Jan. 11, that the strategy will take some time and patience toward what he termed a “renaissance.”

37. McDonald's Sells China Business in Deal Worth Up to $2.1B -

HONG KONG (AP) – Fast-food giant McDonald's is selling a controlling stake in its China business to a group of investors led by state-owned Chinese conglomerate Citic in a deal worth up to $2.1 billion, the companies said Monday.

38. Scenarios Emerge to Keep Booksellers at Laurelwood Going -

For sale: One beloved, 32-year-old independent bookstore. Asking price? $800,000. That’s what Booksellers at Laurelwood owner Neil Van Uum says he’d accept to unload the store, days after announcing its impending closure and a liquidation sale that begins on Friday, Jan. 6.

39. Ford Cancels Plan to Build New Mexican Plant, Adds US Jobs -

FLAT ROCK, Mich. (AP) – The auto industry's relationship with President-elect Donald Trump took a dramatic turn Tuesday as Ford Motor Co. decided to shift investment dollars targeted for Mexico to the U.S., while Trump threatened General Motors with a tax on some imported small cars.

40. Memphis Bioworks Surpasses Goals of Labor Department Job-Training Grant -

The Memphis Bioworks Foundation is serious about workforce development and job training, along with the other high-profile work for which it’s known, like investing in companies related to bioscience and sustainability.

41. Riding Momentum -

Around this time each year, everyone tends to start fetishizing the blank slate a bit, with its attendant allure of reinvention and that sweeping away of the old order to make way for what comes next.

42. Last Word: Change at the Top, Legislature New Year's Resolution and Election Selfies -

It’s the Grizz and the Thunder Thursday at the Forum followed by the Tigers and South Carolina at the Forum Friday. And yes there are still people in town watching football. They are here for the AutoZone Liberty Bowl earlier in the day Friday between Georgia and TCU. You should join them.

43. Midtown Retail Property Sells for $5 Million -

1625 Poplar Avenue

Memphis, TN 38104 

Sale Amount: $5 million

Sale Date: Dec. 21, 2016

44. Large Deals, Office Construction Among Memphis' Commercial Real Estate Trends -

Coming off of a strong year in 2015, the commercial real estate market in the Memphis metropolitan area continued to do well in 2016.

Larry Jensen, president and CEO of Cushman & Wakefield/Commercial Advisors, said his company was tracking approximately 6 million square feet of net absorption in the industrial market headed into the last week of 2016, as compared to 8.4 million in 2015.

45. FTB Advisors Honored For Customer Service -

FTB Advisors, the wealth and investment group of First Tennessee Bank, has been recognized by Greenwich Associates in the 2016 Greenwich Excellence Awards for Wealth Management and Personal Investment Services.

46. Taxable or Tax-Deferred? -

Ray’s Take Tax planning is an essential part of any budgeting or investment management decision. Generally there are two types of accounts to consider: taxable and tax-deferred. But which one will work best for you? The answer is usually both, but there are definite strategies to consider when choosing.

47. Avoid Pitfalls as Retirement Distribution Deadline Nears -

The IRS defers taxes on many retirement accounts. But at a certain point, the agency wants to start collecting its due.

The way it does so can feel like an abrupt change, especially if you've spent decades considering those accounts off limits. You must start taking required minimum distributions, or RMDs, at age 70 1/2.

48. Developer Buys Former Merle Norman Warehouse -

3670 S. Perkins Road

Memphis, TN 38118

Sale Amount: $1.3 million

Sale Date: December 2016

Buyer: Farnsworth Investment Co.

49. FTB Advisors Honored For Customer Service -

FTB Advisors, the wealth and investment group of First Tennessee Bank, has been recognized by Greenwich Associates in the 2016 Greenwich Excellence Awards for Wealth Management and Personal Investment Services.

50. Ethics Experts: Trump Invites Trouble If He Keeps Businesses -

NEW YORK (AP) – Donald Trump says he will step away from managing his business empire while he's in office – but he's not going to sell it off. If he follows through, he will shatter a presidential precedent on conflicts, and ethics experts say he will open the door to investigations and lawsuits that could hobble his administration.

51. Last Word: St. Jude Dollar Amounts, Fred's On The Move and The Treble Clef -

Grizz over the Trailblazers 88 – 86 Thursday evening at the Forum. At the end of the first half, Grizz coach David Fizdale had to be restrained by players on the way off the court after a technical was called on him. And welcome to Memphis, Toney Douglas. We love what you are doing with the fourth quarter.

52. ‘MemphisWorks’ Jobs, Training App Launches -

A new “MemphisWorks” app unveiled Wednesday, Dec. 7, at the Greater Memphis Chamber’s Annual Chairman’s Luncheon is a comprehensive jobs and training effort that took nine months to get in one digital place, with help from an anonymous donor.

53. Diversity and Inclusion -

Nonprofits are ahead of the game when it comes to diversity. Is that true? We may tell ourselves that, but diversity – and most importantly inclusion – requires we take an honest look at our organizations. 

54. Trump Forms an Advisory Group of CEOs for Input on Jobs -

NEW YORK (AP) – President-elect Donald Trump on Friday announced the formation of an advisory group of more than a dozen CEOs and business leaders who will offer input on how to create jobs and speed economic growth.

55. Last Word: Fire Recovery, Justice Department Work Begins and Rocky Top Angst -

The death toll in the East Tennessee wildfires goes to 10 Thursday as the recovery effort moves beyond a search for those missing. The count of buildings burned in Sevier County is estimated at more than 700 – 300 just in Gatlinburg. And 47 people are injured by the latest count. The count of those who died in the fires includes confirmation that Jon and Janet Summer of Memphis are among the dead recovered so far.

56. Three CRE Firms Join to Improve Connectivity at Busy Poplar Corridor -

Three Memphis real estate companies with significant assets in the Poplar Avenue/Ridgeway Road area are making plans to improve connectivity and walkability there.

Boyle Investment Co., Highwoods Properties Inc. and Loeb Properties Inc. are forming the Shady Grove/Ridgeway Business Owners Association (BOA), an advocacy organization focused on pedestrian/streetscape enhancements for the East Memphis business district, particularly at Poplar and South Shady Grove Road.

57. Morris Auction Group Adds New Services in Destin, Fla. -

Six months after Memphis-based Morris Auction Group expanded into Destin, Florida, the company is expanding the scope of its services there.

Morris’ Destin branch, Luxury Estates Auction Co., has added a new arm focused on traditional real estate services. Called Luxury Estates Realty Group, the arm will focus on showcasing and selling high net worth properties in the Destin/30A area and the Northwest Florida region.

58. Morris Auction Group Adds New Services in Destin, Fla. -

Six months after Memphis-based Morris Auction Group expanded into Destin, Florida, the company is expanding the scope of its services there.

Morris’ Destin branch, Luxury Estates Auction Co., has added a new arm focused on traditional real estate services. Called Luxury Estates Realty Group, the arm will focus on showcasing and selling high net worth properties in the Destin/30A area and the Northwest Florida region.

59. Gill Seeks $25 Million Permit For New MAA Headquarters -

6815 U.S. 72

Germantown, TN 38138

Permit Amount: $25 million

Future Tenant: MAA

60. Seeing Needs Beyond Good Teachers, Teacher Town Memphis Changes its Approach and Name -

A Memphis philanthropic collaborative is revising its public image as its leaders rethink the ways they want to help the city’s schools change.

Teacher Town is becoming the Memphis Education Fund and adopting the goal of improving the lowest-scoring 10 percent of schools in the city, the group announced this month.

61. Gill Seeks $25M Permit For Future MAA Headquarters -

The future home of Memphis-based MAA has taken another step forward.

Developer Gill Properties, working as Gill Poplar GP, has applied for a $25 million building permit for a five-story office building and five-story parking garage – two main components of the $90 million TraVure development in Germantown’s western gateway.

62. Transcript: CBU to Transform Campus, Transition to Project-Based Learning -

Christian Brothers University is not only changing the look of its campus at Central Avenue and East Parkway. Leaders of the institution are embarking on the second phase of a $70 million capital campaign that includes plans to “blow up” the university’s department of education to include Crosstown High School and the neighboring Middle College High School, extend internships to all students and to create a new library that is more than “air conditioning for books.”

63. Demand for Long-Term Care Insurance Expected to Rise -

With the youngest of the country’s 70 million baby boomers now in their 50s and the average life expectancy for Americans having increased to nearly 80 years, the need for long-term illness care either at home or in assisted living facilities is on the rise. Rates for long-term care insurance have spiked in the past several years, making the decision tougher for many considering the coverage.

64. Gill Seeks $25M Permit for Future MAA Headquarters -

The future home of Memphis-based MAA has taken another step forward.

Developer Gill Properties, working as Gill Poplar GP, has applied for a $25 million building permit for a five-story office building and five-story parking garage – two main components of the $90 million TraVure development in Germantown’s western gateway.

65. Congress Urged to Bar US Acquisitions by China State Firms -

WASHINGTON (AP) – As Chinese investment in the United States keeps setting records, congressional advisers suggest changing U.S. law so Chinese state-owned companies can be barred from buying or gaining control of American businesses.

66. Unfinished Nuclear Plant Sold, Buyer Vows to Get It Running -

BIRMINGHAM, Ala. (AP) – A development company that purchased an unfinished nuclear power plant from the Tennessee Valley Authority for $111 million on Monday said it plans to spend as much as $13 billion to make the nuclear generator operational.

67. Specialized Lending Teams Helping Banks Build Business Relationships -

Standing apart from the competition in banking is not necessarily the simplest thing to do, given that key aspects of the industry – making loans, taking deposits and the like – look so similar from one institution to the next.

68. Last Word: The Long Count, Bigger Than Boutiques and God's View of the NBA -

It's Veterans Day with the annual Downtown parade starting at 10 a.m. Friday and a wreath-laying ceremony an hour later at the Doughboy Statue in Overton Park.

The long local vote count since Tuesday is still underway as Thursday becomes Friday. It should wrap up Friday with the provisional ballot count completed.

69. Fund Managers: No, the Election Won't Wreck Your 401(k) -

NEW YORK (AP) – Worried that the election will ruin your 401(k)?

Don't be, fund managers say, no matter who wins the White House. As long as you're a long-term investor willing to ride through whatever market bumps occur after Election Day, and there certainly could be scary ones, presidential elections historically haven't had much impact on stocks over the long term. Other factors, such as how expensive stocks are relative to their earnings and what the Federal Reserve is doing with interest rates, are more important factors for the market than who sits in the White House.

70. Thomson Reuters to Cut 2,000 Jobs, Spares Newsroom -

NEW YORK (AP) – Thomas Reuters said Tuesday that it plans to cut 2,000 jobs and take a charge of up to $250 million as the news and financial information company seeks to streamline its business.

71. Local Multifamily Market Continues To Log Higher Sales, Strong Demand -

Multifamily real estate sales have been strong in Memphis for a couple of years, and the 41 transactions posted in the third quarter mark the most recorded in a quarter in two years.

“The multifamily market continues to be very strong and has been the strongest real estate sector for the past several years,” said Mark Fogelman, president of Memphis-based Fogelman Management Group, a national multifamily property management company.

72. Industrial Real Estate Competition Heats Up Between DeSoto, Marshall -

A North Mississippi industrial park more than 10 years in the making is reaching the finish line. By next May, Hillwood Investment Co. will wrap construction on a 947,000-square-foot warehouse on the final parcel in the DeSoto Trade Center.

73. Real Estate Awakening -

The year’s biggest office deal didn’t affect Memphis’ office absorption at all, but everyone in real estate has felt its reverberations.

When ServiceMaster Global Holdings announced its move to the shuttered Peabody Place Mall from Ridge Lake office park, it promised new life for a 328,000-square-foot black hole in Downtown’s retail market.

74. $92M Graceland Hotel Expected to Be a Catalyst for Whitehaven -

The Heartbreak Hotel on Elvis Presley Boulevard was full Wednesday, Oct. 26 – its final night as a hotel.

By the time the $92 million, 450-room Guest House at Graceland resort opened across the boulevard Thursday morning, many of the doors at the Heartbreak Hotel were missing their room numbers – taken as souvenirs by guests who filled the circa-1980s hotel in its final days.

75. Outlook Weighs on Hilton -

MCLEAN, Va. (AP) – Hilton cut its expectations for a key revenue figure, overshadowing an otherwise solid third-quarter performance.

Hilton had previously expected its revenue per-available room to rise between 3 percent and 4 percent for 2016. On Wednesday, it trimmed those expectations to just a 1.5 percent to 2 percent increase compared with last year, and flat to 1 percent for the current and final quarter of 2016.

76. TD Ameritrade to Buy Scottrade in $4B Cash-and-Stock Deal -

OMAHA, Neb. (AP) – Online brokerage TD Ameritrade is buying Scottrade in a $4 billion cash-and-stock deal that would significantly expand its branch network at a time when many financial firms are expanding automated adviser programs.

77. Accredo Health Expanding Facility in Century Center -

Accredo Health Group is renovating its offices in Bartlett. Corna Kokosing Construction Co. recently filed a $15 million building permit for the site at 1640 Century Center Parkway. The company was acquired by St. Louis-based Express Scripts in 2012 and added 50 employees to its Century Center campus in 2015.

78. Trustmark Centre Building Sells for $14.5 Million -

An office building at 5350 Poplar Ave. in the prime East Memphis office submarket has been sold.

The Trustmark Centre building, located between Valleybrook and West Suggs Drive, was purchased by Tennessee and New York investment companies doing business as 5350 Poplar Office Center LLC for $14.47 million.

79. Trustmark Centre Building Sells for $14.5 Million -

An office building at 5350 Poplar Ave. in the prime East Memphis office submarket has been sold.

The Trustmark Centre building, located between Valleybrook and West Suggs Drive, was purchased by Tennessee and New York investment companies doing business as 5350 Poplar Office Center LLC for $14.47 million.

80. Trustmark Centre Building Sells for $14.5 Million -

An office building at 5350 Poplar Ave. in the prime East Memphis office submarket has been sold.

The Trustmark Centre building, located between Valleybrook and West Suggs Drive, was purchased by Tennessee and New York investment companies doing business as 5350 Poplar Office Center LLC for $14.47 million.

81. US Factory Production Rebounded in September -

WASHINGTON (AP) — U.S. manufacturers boosted output modestly last month, led by greater production of construction supplies, autos and petroleum products.

Factory production rose 0.2 percent in September, following a decline of 0.5 percent in the previous month, the Federal Reserve said Monday. The broader industrial production category, which includes mining and utilities, ticked up 0.1 percent.

82. Accredo Health Expanding Facility in Century Center -

Accredo Health Group is renovating its offices in Bartlett. Corna Kokosing Construction Co. recently filed a $15 million building permit for the site at 1640 Century Center Parkway. The company was acquired by St. Louis-based Express Scripts in 2012 and added 50 employees to its Century Center campus in 2015.

83. Big River -

Jim Jackson had it planned. At the third annual Arkansas Delta Flatlander bicycle ride, the 100-kilometer bike ride would become what it was intended to be – a ride across the Mississippi River from West Memphis to Memphis across the northern side of the Harahan Bridge.

84. Last Word: Mud Island Round 3, Newsmakers Notes and North Midtown -

Cue the organ. You know, the one from those old soap operas or radio dramas. And prepare for the latest episode of Island of Mud. When last we looked in on Mud Island River Park, the city had two finalists to redevelop all or a part of the southern half of the island that is really a peninsula.

85. Last Word: Memphis-Temple, Southwest's Remake and Death Penalty Arguments -

Memphis 34 –Temple 27 Thursday evening at the Liberty Bowl and on ESPN. Whatever happened during halftime, the Tigers were a very different team from the first half when they emerged.

86. New York Investment Group Buys 6 Memphis Warehouses -

Six warehouses and a parcel of vacant land in southeast Memphis have sold for a combined $20 million. The seller, Gateway McKinley Inc., purchased the seven properties in 2000 for $23.6 million.

87. Skilled Nursing Facility In Bartlett Sells for $13 Million -

1150 Dovecrest Road

Bartlett, TN 38134

Sale Amount: $13 million

Sale Date: Sept. 30, 2016

88. East Memphis Office Changes Hands for $2.4M -

An East Memphis office building has sold for $2.4 million to a local investment group.

BC Commercial Properties LLC, which is managed by Bridge Capital Asset Management LLC, purchased the office building at 1669 Kirby Parkway from Kirby Parkway Building Partnership in a Sept. 30 warranty deed.

89. Indie Memphis Festival Promises To Be ‘Eclectic and Uncompromising’ -

Brandon Harris, a New York City-based writer and editor, loves the “eclectic and uncompromising nature” of the annual Indie Memphis Film Festival, which he’s attended three times now.

90. Just City Expungement Fee Fund Awaits Grants -

One of the city’s two funds to pay expungement fees for first-time offenders who have served their time and stayed out of trouble for five years is out of money for now in a grant-to-grant existence.

91. Infrastructure, Attitude Shifts Could Decrease Medical District Parking Needs -

The Memphis Medical District has 16,000 employees, 8,000 students – and 250 acres of surface parking lots. National experts say the district’s parking footprint could hinder further growth.

92. Private Equity Firm Pays $13M for Retirement Community -

950 Cherry Road

Memphis, TN 38117

Sale Amount: $13 million

Sale Date: Sept. 7, 2016

93. Chicago Investors Buy Local Retirement Community -

A Chicago-based private equity fund has purchased the 176-unit Town Village Audubon Park retirement community in East Memphis for $13 million, or $73,864 per unit.

TV-Ten LP, an entity affiliated with Chicago Pacific Founders, bought the two-story facility from GFTV Audubon Owner LLC in a Sept. 7 special warranty deed. GFTV, an affiliate of New York-based Garrison Investment Group, had purchased Town Village Audubon Park in 2014 for $12.9 million.

94. Last Word: RVC Drops Mud Island Proposal, Fizdale on Kaepernick and Carroll Cloar -

The Riverfront Development Corporation got a one-line email Thursday from Andy Cates, the RVC Outdoor Destinations CEO.

95. Memphis Drawing More Out-of-Town Retailers -

Second- and third-tier retail markets are seeing a resurgence nationally, and Memphis’ own economic recovery is garnering attention from out-of-town retailers.

Among the higher-end retailers preparing for their first local store are Ikea, which is set to open in the next few months, and Trader Joe’s and Nordstrom Rack, both of which are in their early stages and are expected to open by the end of 2017.

96. Economists: Growth Expected for At Least 2 More Years -

Business economists still think the economy will continue to grow for the next two years, but they again have scaled back their expectations for just how much.

The median estimate from economists surveyed by the National Association for Business Economics calls for gross domestic product growth of 1.5 percent this year, down from the 1.8 percent they forecast in June. The outlook for next year calls for 2.3 percent growth.

97. US Stocks Slump As Traders Fear Higher Interest Rates -

Investor jitters over the possibility the Federal Reserve is ready to raise interest rates this year roiled Wall Street Friday, handing the stock market its worst day in more than two months.

The Dow Jones industrial average sank nearly 400 points, its worst single-day loss since June. The broad slump wiped out two months of gradual gains, jolting the market out of a mostly flat course over the past several weeks.

98. US Services Firms Register Slowest Growth Since 2010 -

WASHINGTON (AP) – U.S. services companies grew last month at the slowest pace in more than six years, a private survey finds.

The Institute for Supply Management said Tuesday that its services index fell to 51.4 last month from 55.5 in July. The August reading was the lowest since February 2010, and last month's 4.1-point drop was the biggest since November 2008 when the U.S. economy was in a recession. Still, anything above 50 signals growth, and services firms have now expanded for 79 straight months.

99. Last Word: Hyde Lake, Global Ministries Exits and Another Big 12 Rumor -

A big day at Shelby Farms Park Thursday as the Heart of the Park renovations were formally opened. And it was also a cause to look back on where the park has come from.

100. US Factory Activity Shrinks for First Time in 6 Months -

WASHINGTON (AP) – U.S. manufacturing contracted last month for the first time since February, as new orders and output plummeted and factories cut jobs.

The Institute for Supply Management said Thursday that its manufacturing index dropped to 49.4 in August from 52.6 in July. Any reading below 50 signals contraction.