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Editorial Results (free)

1. Cates Wants Detail on Downtown Agreements -

From Mud Island River Park across the Memphis harbor to The Pyramid and further east to St. Jude Children’s Research Hospital – there are a lot of connections as the areas head toward a new incarnation.

2. Survey: Growth at US Services Companies Slowed in January -

WASHINGTON (AP) — A private survey says U.S. services companies grew in January at the slowest rate in nearly two years, as global economic challenges are showing some signs of spreading to consumers.

3. Bourbon, Tennessee Whiskey Producers Toast More Strong Sales -

FRANKFORT, Ky. (AP) — Producers of Kentucky bourbon and Tennessee whiskey are toasting another year of strong sales and revenue growth, led by consumers increasingly ordering high-priced, super-premium brands.

4. Collaborative Aims to Enhance Memphis Medical District -

In 2016, the Memphis Medical Center will see $1.8 million in upgrades and enhancements aimed at creating a unified, livable district. That’s the annual budget for the newly established Medical District Collaborative, a nonprofit entity made up of the area’s stakeholders and executives.

5. 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

6. 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:

7. 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.

8. 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:

9. 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

10. 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.

11. Blight Authority of Memphis Convenes to Tackle Problem Properties -

“This is historic,” attorney Steve Barlow said at the inaugural meeting of the Blight Authority of Memphis, held Thursday, Jan. 21, at the Downtown Memphis Commission’s office.

12. Study: Transportation Issues Cost $5.6B in Tenn. -

A new study finds that traffic congestion and road deficiencies in Tennessee cost motorists in the state $5.6 billion a year.

The Washington-based transportation research group Trip conducted the study that calls for boosting investment in Tennessee roads, bridges and transit.

13. 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.

14. Some Funds Offer to Tame Market's Chaos, But at a Price -

NEW YORK (AP) — Freaked out by the stock market's big swings?

Then the investment industry has something it built just for you: funds that hope to offer a steadier ride. That sounds especially comforting after this year's jarring start for markets, in which drops of more than 1 percent have become typical. But be careful, the funds carry their own risks.

15. Study Finds $5.6B Cost of Transportation Issues in Tennessee -

NASHVILLE, Tenn. (AP) — A new study finds that traffic congestion and road deficiencies in Tennessee cost motorists in the state $5.6 billion a year.

The Washington-based transportation research group Trip conducted the study that calls for boosting investment in Tennessee roads, bridges and transit.

16. 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.

17. Faced With Array of Risks, CEOs Increasingly Pessimistic -

DAVOS, Switzerland (AP) — Facing a cocktail of risks from the economic slowdown in China to the rise of the Islamic State group, chief executives around the world are more pessimistic about the global economy than at any time in three years — a development that has the potential to seriously affect their investment and growth plans.

18. 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.

19. 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.

20. 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.

21. 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.

22. 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.

23. Tourism Goes Beyond Graceland, Beale Street -

This week, hundreds of investors, community builders and federal leaders gathered at the third annual Rural Opportunity Investment Conference, which ended with a discussion of spurring economic development through tourism.

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. 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.

26. St. Jude, Methodist, Le Bonheur Prep For a Year of Expansion -

Flush with updated master plans, plentiful resources and abundant cash to spend, the arrival of 2016 finds at least three Memphis hospitals with ambitious New Year’s resolutions.

A flurry of announcements over the past month has set the stage for a veritable building and investment boom Downtown and in the medical district between Methodist University Hospital, Le Bonheur Children’s Hospital and St. Jude Children’s Research Hospital. The activity will play out starting this year and beyond, resulting in everything from expanded campus footprints to the deployment of new cutting-edge equipment.

27. 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.

28. CBRE Acquires Memphis Affiliate -

CBRE Memphis has gone from being an affiliate of CBRE Group Inc. to becoming part of the Fortune 500 real estate service and investment firm.

29. East Memphis Retail Strip Sells for $5.3 Million -

An East Memphis retail center has sold for $5.3 million to an out-of-town group.

Orleans Place Retail Center LLC purchased the property at 1779 Kirby Parkway and 1789 Kirby Parkway from Cohen Orleans Place LLC in a Dec. 28 warranty deed.

30. 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.

31. East Memphis Retail Strip Sells for $5.3 Million -

An East Memphis retail center has sold for $5.3 million to an out-of-town group.

Orleans Place Retail Center LLC purchased the property at 1779 Kirby Parkway and 1789 Kirby Parkway from Cohen Orleans Place LLC in a Dec. 28 warranty deed.

32. Chinese Medicinal Herbs Provide Niche Market for US Farmers -

DELMAR, N.Y. (AP) – Expanding interest in traditional Chinese medicine in the United States is fostering a potentially lucrative new niche market for farmers who plant the varieties of herbs, flowers and trees sought by practitioners.

33. Varsity Brands Acquires Texas-Based Company -

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

34. Midway Point -

A quality, affordable neighborhood for low- to moderate-income Memphians. That’s developer Henry Turley’s ongoing vision for Uptown, a North Memphis neighborhood benefiting from $150 million in redevelopment efforts.

35. Varsity Brands Acquires Texas-Based Company -

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

36. Expect Less and Buy Antacid: 2016 Investment Forecasts -

NEW YORK (AP) — Investing is becoming more of a grind. Expect it to stay that way.

Analysts, mutual-fund managers and other forecasters are telling investors to expect lower returns from stocks and bonds in 2016 than in past years. They're also predicting more severe swings in prices. Remember that 10 percent drop for stocks that freaked investors out in August? It likely won't take another four years for the next one.

37. Last Word: More Medical Expansions, Norris & Harris and Christmas In Hell's Kitchen -

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.

38. 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.

39. Bioworks Broadens Focus On Agriculture -

The Memphis Bioworks Foundation is capping off another busy year as the city’s go-to organization for seeding and promoting bioscience companies and investment by expanding its executive team and incorporating a new division into the organization.

40. ‘Entertainment Destination’ Planned for Downtown’s South End -

A local developer has plans to transform a city block in Downtown Memphis’ South End into an “entertainment destination” modeled after a popular New Orleans establishment.

Brad Barnett wants to turn the former Loflin Safe & Lock Co. building at 7 W. Carolina Ave. into a bar/restaurant with private residence on top. He also plans to redevelop a carriage house at 721 Florida St. into a 5,000-square-foot rentable event space.

41. Bar, Event Space, Bocce Court Planned for South Main Block -

A local developer has plans to transform a city block in Downtown Memphis’ south end into an “entertainment destination” modeled after a popular New Orleans establishment.

Brad Barnett wants to turn the former Loflin Safe & Lock Co. building at 7 W. Carolina Ave. into a bar/restaurant with private residence on top. He also plans to redevelop a carriage house at 721 Florida St. into a 5,000-square-foot rentable event space.

42. Expand Sales Team Reach Without Headcount -

This column is the fourth in an 11-part series on the Top Ten 2016 Marketing Trends. Check back for the remainder of the series and a deep dive into each of these trends.

There is perhaps no shorter path to increased sales than shortening the sales cycle or improving your close ratio with prospects already interested in your brand. Recent tech advancements offer marketers a host of marketing automation tools that can do this heavy lifting for you.

43. Fight Over Net Neutrality Rules Returns to Appeals Court -

WASHINGTON (AP) – A key federal appeals court judge who thwarted the last push to make sure consumers get equal access to the Internet appeared open Friday to the government's revised plan.

44. 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.

45. Events -

ULI Memphis, the local Urban Land Institute chapter, will present its annual Emerging Trends in Real Estate event Thursday, Dec. 3, from 8 a.m. to 10:30 a.m. at Memphis Botanic Garden, 750 Cherry Road. National and local speakers will discuss a variety of emerging real estate trends. Visit memphis.uli.org/events to register.

46. Events -

Downtown Memphis Commission Design Review Board will meet Wednesday, Dec. 2, at 4 p.m. in the Downtown Memphis Commission conference room, 114 N. Main St. Visit downtownmemphiscommission.com.

47. St. Jude Files $10 Million Construction Permit -

650 St. Jude Place
Memphis, TN 38105

Permit Amount: $10 million

Application Date: Nov. 24, 2015

Owner: St. Jude Children’s Research Hospital

Tenant: St. Jude Children’s Research Hospital

48. Signs of Steady US Economy: Rising Pay and Solid Job Market -

WASHINGTON (AP) — Americans' pay is up, fewer people need unemployment aid, more are buying new homes and business spending is rebounding.

A flurry of data released Wednesday signaled that the fundamentals of the U.S. economy remain solid, if unspectacular, three weeks before the Federal Reserve will likely begin raising interest rates.

49. 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.

50. 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

51. 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.

52. Urban Planning Practice Shows How Design Can Combat Crime -

What if, instead of piling on security guards and higher fences, developers combatted crime through design?

That’s the theory behind Crime Prevention through Environmental Design, an urban planning practice that studies how the built environment impacts social behavior.

53. 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.

54. Medical Center Event Highlights New Vision -

Micro changes are making way for a new identity for the Memphis Medical District.

On Friday, Nov. 6, food trucks, live music and art installations came together at Health Sciences Park for a rare community-wide event.

55. 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

56. Lakeland Buys 94 Acres For New Middle School -

The Lakeland School System paid $1 million to purchase 94 acres, where it will build a new middle school expected to open in August 2018.

The school system’s leaders purchased the land Friday, Oct. 23. The site is north of U.S. 70, east of Canada Road and south of Old Brownsville Road.

57. Retail Market Boosted by Groceries, Small Business -

The third quarter of 2015 was a busy one for the retail sector with a lot of activity derived from grocery stores and small businesses.

Fundamentals are trending favorably with the total vacancy rate down to 12.6 percent compared to 12.9 percent in second quarter 2015. Net absorption rose from 134,251 square feet in second quarter to 160,229 square feet in the most recent quarter, and the rental rate increased from $8.62 to $8.72 per square foot, according to CB Richard Ellis Memphis data.

58. 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.

59. Lakeland Buys 94 Acres For New Middle School -

The Lakeland School System paid $1 million to purchase 94 acres, where it will build a new middle school expected to open in August 2018.

The school system’s leaders purchased the land Friday, Oct. 23. The site is north of U.S. 70, east of Canada Road and south of Old Brownsville Road.

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

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

61. Boyle Sells Winchester Distribution Center -

Delaware-based Olymbec USA LLC is the new owner of the Winchester Distribution Center at 444 Winchester Road.

62. 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.

63. 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.

64. Strickland: Expect Smaller Memphis City Hall Administration -

Several city division directors under outgoing Memphis Mayor A C Wharton have told Mayor-elect Jim Strickland they do not intend to seek reappointment in the new administration.

65. Binghampton, Uptown Grocery Projects Win Tax Breaks -

Two community development groups are the first recipients of Community Builder PILOTS, a payment-in-lieu-of-taxes incentive housed at the Memphis-Shelby County Economic Development Growth Engine.

Binghampton and Uptown are both USDA-Certified Food Deserts, and that could change with Community Builder PILOT incentives intended to attract grocery stores.

66. 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.

67. Boyle Sells Winchester Distribution Center -

Delaware-based Olymbec USA LLC is the new owner of the Winchester Distribution Center at 444 Winchester Road.

68. 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.

69. Memphis Retail Market Boosted by Groceries, Small Business -

The third quarter of 2015 was a busy one for the retail sector with a lot of activity derived from grocery stores and small businesses.

Fundamentals are trending favorably with the total vacancy rate down to 12.6 percent compared to 12.9 percent in second quarter 2015. Net absorption rose from 134,251 square feet in second quarter to 160,229 square feet in the most recent quarter, and the rental rate increased from $8.62 to $8.72 per square foot, according to CB Richard Ellis Memphis data.

70. 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.

71. EDGE Still Explaining Itself To Memphis, Shelby County Elected Leaders -

Four years into its existence, Reid Dulberger is still explaining the basics of a group created by Memphis Mayor A C Wharton and Shelby County Mayor Mark Luttrell to streamline local economic development efforts.

72. Fred Smith: Expect More M&A -

FedEx Corp. president and CEO Fred Smith made a rare public appearance Wednesday, Oct. 7, to talk about the global trading economy and the future of the logistics industry.

73. Former Highwoods COO Retires, Then Promptly Starts New Career in Memphis -

Mike Harris’ idea of retirement doesn’t involve the golf course, free time or carefree travel.

74. Root of Investor Anxiety: Uncertainty About China and Fed -

Fears about China's slowdown and a coming U.S. interest rate hike have sent global stock markets into a fidgety freefall.

But why? China's economy has been slowing for years. And the Federal Reserve has long been expected to raise short-term interest rates from near zero, where it's kept them since 2008. So what's sowing panic now?

75. Overton Square’s Future Tenants Could Be Residents -

With Overton Square reaching 100 percent occupancy, there’s nowhere else for the entertainment district to go but up. Loeb Properties currently is looking at possibly adding two multistory mixed-use buildings to complement the bustling arts and nightlife scene.

76. Memphis Bike Share on Track for Launch Next Year -

All signs are pointing to Memphis getting a bike-sharing program. Explore Bike Share has reached the end of the trail as the local initiative has sent out a request for proposals to take public bikes-for-hire to the next level.

77. Steve Harvey, Easy Bacon Partner With Monogram -

When Easy Bacon makes its October debut in supermarkets, it will be the latest meat snack venture by Memphis-based Monogram Foods.

Easy Bacon is a partnership between Monogram and HarCal, the company created by comedian and television host Steve Harvey and Montgomery businessman Greg Calhoun.

78. Easy Bacon Partners Steve Harvey With Memphis-Based Monogram Foods -

When Easy Bacon makes its October debut in supermarkets, it will be the latest meat snack venture by Memphis-based Monogram Foods.

Easy Bacon is a partnership between Monogram and HarCal, the company created by comedian and television host Steve Harvey and Montgomery businessman Greg Calhoun.

79. Memphis Poised to Become Regional Anchor for Entrepreneurs -

A federal agency’s attention to Memphis’ entrepreneurial ecosystem could bring stronger investment and resources for startups.

On Friday, Sept. 18, Memphis was the kick-off site of the Delta Challenge pitch competition, a six-city tour organized by federal-state partnership Delta Regional Authority to identify and support exceptional startups.

80. CBRE Opening Appraisal Office in Memphis -

Commercial real estate services and investment firm CBRE Group Inc. is opening valuation and advisory services divisions in Memphis and Louisville, Ky.

81. Indie Memphis Taps Watt as Executive Director -

This year keeps shaping up to be a milestone for the Indie Memphis Film Festival, which has tapped local filmmaker Ryan Watt to serve as its new executive director following the departure of Erik Jambor earlier this year.

82. CBRE Opening Appraisal Office in Memphis -

Commercial real estate services and investment firm CBRE Group Inc. is opening valuation and advisory services divisions in Memphis and Louisville, Ky.

83. Memphis Financial Advisers Talk the Psychology of Money -

Wunderlich Securities Inc. financial adviser Jason Fair got a call in recent days from a client spooked over the volatility in financial markets.

84. Duncan-Williams Launches Asset-Management Business -

A new standalone financial firm has launched out of Duncan-Williams Inc. that has its own name and website and will soon move into its own Poplar Avenue office space.

85. Gescheit Joins Dunavant Logistics -

Rangi Gescheit has joined the Dunavant Logistics Group as logistics services & operations administrator, export. Gescheit, who served in the Israeli Defense Forces as a deputy in criminal special investigation, began his career at Port Elizabeth, N.J. Most recently he was a trade lane manager with DHL Global Forwarding.

86. Preparation Enhances Chances for Small-Business Success -

The term “small business” is the ultimate misnomer.

In 2011, according to U.S. Census Bureau data, there were 5.68 million employer firms in the United States. And firms with fewer than 500 workers accounted for 99.7 percent of those businesses. Businesses with fewer than 20 workers made up 89.8 percent.

87. Yahoo Chief Mayer Says She's Pregnant With Twins -

SAN FRANCISCO (AP) — Yahoo CEO Marissa Mayer is pregnant with identical twins.

Mayer, 40, said on her blog that she and her husband are expecting twin girls in December.

"I have some exciting news to share — I'm pregnant!" wrote on Tumblr late Monday.

88. Proposal Prompts Closer Look at Tax Breaks -

In recent years, the tax incentives used to bring economic development and jobs to Memphis have been a lightning rod.

The debate’s volume grew as it became apparent that Memphis was emerging from the national recession at a slower pace than other major cities as well as some parts of rural west Tennessee and north Mississippi.

89. Demo Day Brings Together Start Co., ZeroTo510 Entrepreneurs -

The entrepreneurial ecosystem was more abundant than ever at Demo Day 2015, where Start Co. and ZeroTo510 worked in conjunction for the first time to present graduates of their business accelerator programs to investors and community leaders.

90. $9.5 Million Permit Filed For Downtown Hotel -

310 Union Ave.
Memphis, TN 38103

Permit Cost: $9.5 million

Permit Date: Applied August 2015

91. Wunderlich Taps New General Counsel -

Memphis-based investment firm Wunderlich Securities has named James Ritt as its new chief compliance officer and general counsel.

He has 30 years of experience in the securities industry, including serving as general counsel for Memphis-based Morgan Keegan from 1998 to 2012. More recently, he served as general counsel and chief legal officer for Birmingham-based Sterne Agee Group from 2012 to 2014.

92. Be Prepared for That Inevitable Computer Crash -

Editor’s note: This is the second part of a series on being nimble and proactive with technology in the small-business world.

Recently our team received a flood of support requests for failed hard drives. Users were frantic to salvage documents or key projects from their devices. Fortunately we were able to recover quite a few. But each instance serves as a reminder that success is 90 percent preparation and 10 percent perspiration.

93. Regions Wealth Executive Talks Expansion, Growth Opportunities -

Travis LeMonte has been on the job for a little more than two months, but the executive leading Regions Private Wealth Management in West Tennessee already is talking expansion and adding to his team’s wealth management firepower.

94. Wunderlich Taps New General Counsel -

Memphis-based investment firm Wunderlich Securities has named James Ritt as its new chief compliance officer and general counsel.

He has 30 years of experience in the securities industry, including serving as general counsel for Memphis-based Morgan Keegan from 1998 to 2012. More recently, he served as general counsel and chief legal officer for Birmingham-based Sterne Agee Group from 2012 to 2014.

95. Cadence Bank Supports Memphis Organizations with Direct, Indirect Aid -

Banks are important community institutions not just for the services they provide – consumer loans, small business financing, etc. – but also for the investment they make in communities.

Such investments include the one announced by Cadence Bank recently, a six-figure equity-equivalent investment to River City Capital to support its Small Business Loan Fund.

96. Improving Access -

With Hispanics expected to make up 31 percent of the nation’s population by 2060, Christian Brothers University is investing in its growing community by pledging $12.5 million to go toward scholarships for immigrant students whose legal residency status may be in question.

97. Earnings Season Roundup -

International Paper Reports Q2 Earnings Growth: International Paper reports its second-quarter net earnings grew while net sales for the quarter decreased slightly.

The Memphis-based company, which released its quarterly financial results Wednesday, July 29, said second-quarter earnings totaled $227 million, or 54 cents per share. That’s up from $161 million, or 37 cents per share, in second quarter 2014, but down from $313 million, or 74 cents per share, in first quarter 2015.

98. 'En Fuego' -

When Southaven Mayor Darren Musselwhite took office in June 2013, one of the first tasks that landed on his desk was a long-planned regional outlet mall.

The outlet mall, planned for a roughly 33-acre site at Church Road and Interstate 55 in the DeSoto County city, had been on the drawing board for some time, but the recession and its aftermath caused developers and Mississippi officials to put it on hold.

99. Warehouse At Perimeter Point Sells for $775,000 -

A Perimeter Point industrial building has been sold for $775,000.

Missouri-based Martabra Real Estate LLC acquired the flex warehouse building at 5055 Covington Way, just off Covington Pike south of Elmore Road, from CP Perimeter Point LLC, an affiliate of California-based Coastal Partners LLC.

100. Spending Every Dime – Is It Feasible? -

Ray’s Take In the good old days, when you retired you got a gold watch and a pension and didn’t worry about much else.

Investment management was somebody else’s problem. You watched the sunset, not CNBC. This gave way to more recent retirement planning where you worked 30 or 40 years, saving along the way and when you got to 67 (or older) you quit, and lived on your Social Security and 401(k) savings and sometimes some part-time work. If you did it “right” you withdrew a set percentage of the funds and lived comfortably until age 85, as long as you didn’t hit some kind of devastatingly expensive health event.