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Editorial Results (free)

1. In Midst of Changes, ArchInc Becomes Woman-Owned Biz -

The Memphis-based architecture firm formerly known as Architecture Inc. is in the midst of some major changes. The 23-year-old firm has rebranded as ArchInc; promoted Valentina Puppione Cochran to president and majority shareholder; and added preservation architect and urban designer Charles “Chooch” Pickard as a partner.
Cochran has been with ArchInc for 13 years, and her promotion makes the firm a woman-owned small business, which ArchInc says will boost the firm’s minority participation on projects.

2. Memphis Office Market Off to Good Start -

Though small to mid-sized leases comprised the majority of leasing activity, the Memphis area office market got off to a healthy start in 2017, according to Cushman & Wakefield/Commercial Advisors’ first quarter Marketbeat report.

3. Tapping Young Donors -

Amelia Thompson is everything a nonprofit is looking for now and in the future. A 30-year-old Memphian who graduated White Station High School, she has worked with a nonprofit in Washington, D.C. and been a buyer for Macy’s in New York.

4. Bank Seeks Receiver for Warren, Tulane Apartments -

The Bank of New York Mellon Trust Co. wants a federal judge to appoint a receiver for the Warren and Tulane Apartments owned by Global Ministries Foundation, citing “an appearance of fraud” by GMF in a memorandum filed with the call for a receiver.

5. Bank of New York Seeks Receiver for Warren and Tulane Apartments -

The Bank of New York Mellon Trust Co. wants a federal judge to appoint a receiver for the Warren and Tulane Apartments owned by Global Ministries Foundation citing “an appearance of fraud” by GMF in a memorandum filed with the call for a receiver.

6. $12.6M Building Permit For New Ballet Memphis HQ -

2144 Madison Ave.
Memphis, TN 38104
Permit Amount: $12.6 million

Owner: Ballet Memphis
Tenant: Ballet Memphis
Architect: Archimania
Contractor: Grinder, Taber & Grinder
Details: Ballet Memphis is setting the stage for its Overton Square headquarters as Grinder, Taber & Grinder recently applied for a $12.6 million building permit for new construction.

7. LEDIC Founder Buys Metro 67 Apartments -

The Metro 67 Apartments in Downtown Memphis has been sold by a Dallas equity firm to Scott Ledbetter, founder and chairman-emeritus of LEDIC Management Group in Memphis, and members of his family.

8. Metro 67 Apartments Bought by LEDIC Founder -

The Metro 67 Apartments in Downtown Memphis has been sold by a Dallas equity firm to Scott Ledbetter, founder and chairman-emeritus of LEDIC Management Group in Memphis, and members of his family.

9. 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.

10. Memphis Chamber Names ‘10 to Watch’ in 2016 -

The Greater Memphis Chamber has released its “10 to Watch” in 2016 list, recognizing companies and organizations that over the past year showed outstanding leadership, growth and commitment to success.

11. Memphis Chamber Names ‘10 to Watch’ in 2016 -

The Greater Memphis Chamber has released its “10 to Watch” in 2016 list, recognizing companies and organizations that over the past year showed outstanding leadership, growth and commitment to success.

12. 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.

13. University of Memphis to Focus on Drone Research in 2016 -

The FedEx Institute of Technology in 2016 will roll out heavy programming, research and community engagement in drones and other unmanned vehicles as these emerging technologies continue to mature.

14. Ikea PILOT Extension Approved -

Nearly 10 months after the Memphis-Shelby County Development Growth Engine approved tax breaks for Ikea, it returned to the board with a new plan.

The Swedish retail giant requested EDGE extend its property tax abatement by 11 months to make up for a dispute over the property tax appraisal on the Cordova land.

15. 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.

16. Trane Signs Lease on Tradeport Drive -

Trane U.S. Inc. has finalized its 625,000-square-foot industrial lease in Southeast Memphis after the deal process initially began in January 2011.

17. Multifamily Comeback -

With signs of resurgence in the commercial real estate industry, the multifamily sector looks to bounce back at an impressive clip.

So far this year, Memphis has seen a handful of big-ticket multifamily sales, including Preserve at Forest Creek ($45.5 million), Lynnfield Place ($22.4 million), Legends at Wolfchase ($27.8 million) and Orchards at Collierville ($15.7 million).

18. MAAR Commercial Council Names 2010 Officers -

The Memphis Area Association of Realtors Commercial Council announced Friday that Wyatt Aiken of Commercial Advisors will serve as 2010 president and Ron Riley of In-Rel Management will serve as 2010 president-elect.

19. No Gloom Here -

Memphis' multifamily industry enjoyed one of the most dynamic years in recent memory, as 2007 saw increased occupancy, rental rates and even construction, according to the fourth quarter and 2007 "Memphis Multi-Housing Marketview" report by the local office of CB Richard Ellis (CBRE).

20. Centennial Development AddsJCPenney, Luxury Apartments -      A JCPenney department store, along with a 256-unit apartment complex, will be the newest additions to Michael Lightman Realty Co.'s group of Centennial developments at Winchester Road and Tenn. 385.
  &nbs

21. Remember the Main -

In the midst of guiding the development partnership he helped assemble to create what could become the largest African-American-led project ever in Downtown Memphis, Darrell Cobbins heard from an old friend recently.

22. Archived Article: Lead - By Andy Meek

TIC Group Buys Appling Lakes Complex

Memphis a growing market for tenant-in-common deals

ANDY MEEK

The Daily News

A Colorado real estate firm has purchased Appling Lakes Apartments in Cordova under a co-ownership arrangem...

23. Archived Article: Memos - Charlotte Kelley was named marketing assistant for the Bartlett Performing Arts and Conference Center Charlotte Kelley was named marketing assistant for the Bartlett Performing Arts and Conference Center. She had worked as community relations/market...

24. Archived Article: Real Review Lj - Jitney Jungle closes doors Jitney Jungle closes doors in Little Rock, Memphis markets Jitney Jungle Stores of America Inc. on Monday announced the sale of six stores and the closure of three grocery stores and two companion gas stations in the Memph...

25. Archived Article: Real Review - Real Review 02-15-00 Management company once again locally owned LEDIC Management Group is again under Memphis ownership. A group of local real estate veterans, led by David L. Shores, has repurchased LEDIC from Residential Co. of America, the New Y...

26. Archived Article: Real Briefs - Equity Inns Completes Sale of Two Gardenwood, a 152-unit property at 4787 Garden Grove Cove in the Raleigh/Bartlett area, sold May 7 for $4.7 million or $30,920 per unit. TVO Realty Partners, a limited partnership based in Chicago, purchased the pro...

27. Archived Article: Real Briefs - Mid-America <MAA Parkway Properties Inc. has purchased one office building and initiated a historic renovation of another office building in Downtown. Parkway bought the Falls Building, which has 11 stories and 150,000 net rentable square feet, f...

28. Archived Article: Dogwood Chg - Dogwood Creek Apartments, a newly developed 278-unit property located at 1969 Dogwood Creek Drive in Collierville, was sold Thursday for $18 Virginia REIT buys Dogwood Creek apartments United Dominion becomes second largest apartment REIT with prese...

29. Archived Article: Orchards Of C'ville Lj - lj 10/5 cates Collierville apartments sold for $11 million By LAURIE JOHNSON The Daily News A California corporation has purchased a Collierville apartment complex for $11 million its first property to acquire in the Memphis multifamily market. Lead...

30. Archived Article: 3rd Qtr Apart Chg - Third quarter apartment Third quarter apartment starts highest since 1980s By CAMILLE H. GAMBLE The Daily News New apartment construction in Shelby County peaked in the third quarter compared to third quarters for the past five years, with building ...

31. Archived Article: Back - 03-13 Back New apartments will be constructed in Southaven Church Lake Apartments, a 352-unit property, is planned for the northeast quadrant of Church Road and E. W. Ross Parkway in Southaven. The site is adjacent to the new Northwest Mississippi C...

32. Archived Article: Real Estate Back - 12/11 Real estate (back) Local LP Buys Aspenwood Square Apartments for $2.2 million By ED RAINS The Daily News Aspenwood Square apartments, a 120-unit complex built in the early 1970s and located on Mendenhall Road south of Knight Arnold Road, sold ...