Editorial Results (free)
1.
Last Word: Transition Time, Two Years of Heart and Eads De-Annexation Growth -
Thursday, August 9, 2018
Here comes the transition in the county mayor’s office. Shelby County Mayor-elect Lee Harris announced Wednesday that the transition team will be co-chaired by former Downtown Memphis Commission president Paul Morris and former Grizz coach Lionel Hollins. Harris’s campaign manager Danielle Inez will be executive director of the transition team. They are soliciting applications to be on the transition team and the resumes have to be in soon. Harris takes office as outgoing mayor Mark Luttrell leaves at the end of this month.
2.
Bank of Bartlett Eyes An Expanded Footprint to Meet Consumer Demand -
Wednesday, July 11, 2018
Bank of Bartlett will soon consolidate its two Germantown branches into one enhanced location at Poplar and Kirby, and is eyeing Midtown and Arlington as areas for additional brick-and-mortar branches.
3.
Stage Stop Retail Center Switches Hands -
Saturday, April 28, 2018
A Raleigh retail bay containing a long-time music venue has switched hands.
Prewitt Andrews LLC sold the retail strip center that contains longtime tenant and popular music venue The Stage Stop to Land Mark Retail LLC for $365,000. The strip center is located at 4336 Stage Road.
4.
Stage Stop Retail Center Switches Hands -
Friday, April 27, 2018
A Raleigh retail bay containing a long-time music venue has switched hands.
Prewitt Andrews LLC sold the retail strip center that contains longtime tenant and popular music venue The Stage Stop to Land Mark Retail LLC for $365,000. The strip center is located at 4336 Stage Road.
5.
Luttrell Vetoes One Resolution, Refuses to Sign Another -
Wednesday, April 18, 2018
Shelby County Mayor Mark Luttrell has vetoed a resolution for attorney and former County Commissioner Julian Bolton to continue in his role as legislative policy adviser to the commission.
6.
Luttrell Vetoes One Resolution, Refuses to Sign Another -
Tuesday, April 17, 2018
Shelby County Mayor Mark Luttrell has vetoed a resolution for attorney and former county commissioner Julian Bolton to continue in his role as legislative policy advisor to the commission.
7.
Digest -
Tuesday, March 6, 2018
Memphis Grizzlies Suffer 15th Consecutive Loss
The Grizzlies lost their 15th straight game, 119-110 at Chicago, on Wednesday, March 7.
The team has not won since defeating the Phoenix Suns at FedExForum on Jan. 29.
8.
Last Word: A New Majority, A Plan After Kroger and Cold Cases -
Friday, January 12, 2018
Shelby County elections administrator Linda Phillips has been watching the ebb and flow of petitions for the 2018 elections and has found what she believes is a link to the weather. “Apparently when the dreaded ‘snow’ word is mentioned in the forecast, not only do people go out and clear the shelves of milk, bread and eggs. They also decide to pick up a petition,” she wrote in an email with the list of who has pulled and who has filed in the last two days.
9.
Memphis Experts See Economic Growth Building Off 2017 Into 2018 -
Saturday, January 6, 2018
With resolutions made and the new year now, another annual exercise rises to the forefront – predictions on what Memphis and its economy can expect in 2018.
If 2017 taught us anything, it’s that there’s so much we won’t be able to even remotely see coming, from Memphis bidding to become the potential home for Amazon’s second headquarters to action finally being taken on the Confederate monuments in city parks and so much more.
10.
Final Goodbye: Roll Call of Some Who Died in 2017 -
Monday, January 1, 2018
They made music that inspired legions of fans. Rock 'n' roll founding fathers Chuck Berry and Fats Domino, rockers Tom Petty and Gregg Allman, grunge icon Chris Cornell, country superstar Glen Campbell and jazz great Al Jarreau were among the notable figures who died in 2017, leaving a void in virtually every genre of music.
11.
WA -
Monday, December 11, 2017
Good morning, Memphis! Dust off your robes and lightsabers, because the latest “Star Wars” movie hits theaters this week. Of course, there’s plenty more to keep you busy in the coming days. Here’s what you need to know about in The Week Ahead – no Jedi powers required.
12.
Week Ahead -
Monday, December 11, 2017
Good morning, Memphis! Dust off your robes and lightsabers, because the latest “Star Wars” movie hits theaters this week. Of course, there’s plenty more to keep you busy in the coming days. Here’s what you need to know about in The Week Ahead – no Jedi powers required.
13.
The Week Ahead: Dec. 11-17 -
Monday, December 11, 2017
Good morning, Memphis! Dust off your robes and lightsabers, because the latest "Star Wars" movie hits theaters this week. Of course, there's plenty more to keep you busy in the coming days. Here's what you need to know about in The Week Ahead - no Jedi powers required.
14.
Sawyer, Goff Kick Off Commission Campaigns -
Thursday, November 30, 2017
Tami Sawyer and Sam Goff may be seeing each other on the August county general election ballot. But between now and May, they have separate primary races for the District 7 seat on the Shelby County Commission.
15.
Last Word: Fairgrounds Surprises, Aquarium Reprise and Six Open Commission Seats -
Tuesday, November 7, 2017
There are lots of renderings and blueprints floating around this city of ours these days. Land opening up, locations changing, possibilities revealed, new uses for old places and old places giving way to new. So it’s not surprising to see some smaller changes that are nevertheless highly visible. Thus comes word with the new week that Spin City, the corner tenant at Poplar and Highland in Poplar Plaza, will close with the new year and Spaghetti Warehouse, on Huling Downtown, will close later this month in the week before Thanksgiving.
16.
Crosstown Crossroads -
Saturday, September 30, 2017
For the past 90 years, Crosstown has seen its share of ups and downs. In the beginning, it was a shining beacon for the city’s eastward expansion; at its height, it anchored several vibrant and diverse neighborhoods; and at its lowest, Crosstown became the poster child for once-great inner-city areas of Memphis that had deteriorated.
17.
Last Word: Health Care Plan React, Treasury Footprint and Tom Bowen - Take Two -
Friday, June 23, 2017
It’s like they aren’t even looking at the same legislation. That’s one explanation of the very different reviews the Senate health care bill got Thursday as it was unveiled in Washington. Illustrating the contrast, the reactions of Republican U.S. Senator Lamar Alexander of Tennessee and Democratic U.S. Rep. Steve Cohen of Memphis.
18.
Ole Miss Buys Baptist Hospital in $22 Million Deal -
Thursday, June 22, 2017
2301 S. Lamar Blvd.
Oxford, MS 38655
Sale Amount: $22 million
Sale Date: June 15, 2017
19.
Last Word: 'Take That For Data', Gas Tax Wednesday and Corker in Memphis -
Wednesday, April 19, 2017
“Take That For Data” may be the rallying cry for the rest of the NBA playoffs around here. And look for an off-the-chart crowd reaction Thursday when Grizz coach David Fizdale takes his place courtside. The Grizz' loss to the Spurs in Game 2 Monday in San Antonio prompted a post-game statistics-laden tirade by Fizdale about officiating of the game that concluded with Fizdale saying “take that for data” –the closest thing to profanity in the entire rant.
20.
Malco Moving Forward With Downtown Theater -
Thursday, April 6, 2017
45 E. G.E. Patterson Ave.
Memphis, TN 38103
Permit Amount: $5 million
Project Cost: $55 million
Application Date: March 2017
21.
Germantown Town Center Gets First OK -
Thursday, April 6, 2017
Even as nearby large mixed-use developments like TraVure and Thornwood rise from the ground, a proposed 32-acre town center-style mixed-use development west of Saddle Creek could be Germantown’s most transformative project in recent memory when it’s all said and done.
22.
Last Word: The CA Marks A Year, Bike Lanes and Nicole Miller for Fashion Week -
Wednesday, March 29, 2017
The city of Memphis is in a two-front legal fight in federal court over alleged surveillance of protesters that landed several dozen of them on the City Hall list – according to each of the two lawsuits filed this past month.
23.
Last Word: The Overton Park Split, Democrats Help The Gas Tax Bill and LaVar Ball -
Thursday, March 23, 2017
The city's tallest building, the fenced-off, derelict, 38-story 100 N. Main Building, cited in the past by fire officials for code violations including fire alarms that don't work -- had a small fire Wednesday 34 floors up.
24.
Last Word: Lakeland Date Set, Silos in South Main and Trespassing in Apartments -
Thursday, March 16, 2017
Here comes the Governor’s race with Randy Boyd doing the honors here in Memphis Wednesday at the top of the second day of his fly-around. Boyd’s opening sounds very much like he is running as the heir apparent to Gov. Bill Haslam – although there are no heirs in politics, at least not without an election. He talked a lot about hitting workforce development and job goals of the Haslam administration if he is elected Governor in 2018.
25.
Sector-by-Sector Highlights of the Commercial Property Forecast Summit -
Monday, February 20, 2017
Many of the area’s best and brightest commercial real estate minds were on hand for the Memphis Area Association of Realtor’s Annual Commercial Property Forecast Summit at the Halloran Centre for Performance Thursday afternoon.
26.
Last Word: Beale's Status Quo, The ASD and Change and Tri-State Bank's Big Year -
Monday, December 26, 2016
Here comes the AutoZone Liberty Bowl … specifically the pre-game festivities. The day after Christmas will find both teams – Georgia and TCU – at Bass Pro Shops at the Pyramid for some food and some entertainment and probably some shopping. The game itself is Friday at 11 a.m.
27.
Trader Joe’s Developer Seeks $2.5M Permit -
Thursday, December 8, 2016
2130 Exeter Road, Germantown, TN 38138 • Permit Amount: $2.5 million
Future Tenant: Trader Joe’s
Developer: CAP Germantown LLC
28.
Last Word: Timing The Recovery, The Problem With Car Lots and UT Bricks -
Wednesday, November 2, 2016
The recovery from the worst national economic downturn since the Great Depression has been slow and long. Any optimism about the growth we are seeing, particularly in commercial real estate, is tempered by thoughts about when the recovery might take another inevitable dip – even if it’s not as bad as what we saw starting in 2008 and 2009.
29.
Last Word: Election Impact, Fun with Election Cross Tabs and DeSoto vs. Marshall -
Tuesday, November 1, 2016
Now, about the idea being discussed starting late last week that when the Feds are looking at someone running for office or holding office they have to take into consideration how close the next election is for that person.
30.
With MAA, TraVure Is Gateway To Germantown -
Wednesday, October 26, 2016
The developer of Germantown’s mixed-use TraVure project is anxious to start work on the development’s centerpiece, a five-story Class A office building that now has an anchor tenant for most of the space – the headquarters of Memphis-based MAA, or Mid-America Apartment Communities Inc.
31.
Shelby Farms Park Formally Debuts $70 Million Improvements -
Friday, September 2, 2016
Opening a park that looks $70 million different isn’t a matter of lifting a curtain.
For two years, Shelby Farms Park has remained open to visitors with roads in the park changing dramatically as the landscape changed too. Tens of thousands of daily motorists traveling Walnut Grove Road on the park’s southern border have also seen the work in progress.
32.
Whitehaven’s Big Week Moves Needle on Long-Held Development Plans -
Monday, August 15, 2016
The land has been cleared for quite a while where apartment complexes once stood and a big back parking lot was. You can see parts of it from the steps of Graceland.
On Monday, Aug. 15, the day that Elvis fans mark the anniversary of his death with a candlelight vigil, leaders of Elvis Presley Enterprises will announce more details of the $45 million, 200,000-square-foot Graceland West project.
33.
Last Word: The Sound of Dominoes, Brexit Anxiety and Schilling Farms Backstory -
Tuesday, July 26, 2016
The Memphis Newspaper Guild makes it official – filing grievances against Gannett, the new owner of The Commercial Appeal, over the first significant changes in how the paper is put out. Those changes involve abolishing copy editing positions and making them part of the new job of digital producers.
34.
Boyle Completing Key Quadrant At Schilling Farms, Eyeing More Retail -
Saturday, July 23, 2016
Boyle Investment Co. is wrapping up construction on a critical corner of Schilling Farms that will bring more retail and encourage more office users to consider the development. The three adjacent projects fill in the southern quadrant of Schilling Boulevard and Winchester Road, a small part of the sprawling 443-acre, city-within-a-city in Collierville.
35.
$21.6 Million in Construction Headed to Graceland -
Thursday, May 26, 2016
1064 Craft Road
Memphis, TN 38116
Permit Amount: $18.1 million
Project Cost: $21.6 million
36.
Elvis Presley Enterprises Readying for Expansion -
Saturday, May 21, 2016
Elvis Presley Enterprises has applied for three building permits totaling $21.6 million for its Graceland West expansion.
The largest permit, at $18.1 million, is designated for core and shell construction at 1064 Craft Road. The other permits for $2.3 million at 1116 Craft Road and $1.1 million at 1126 Craft Road also are for core and shell work without any specific indication.
37.
Elvis Presley Enterprises Readying for Expansion -
Thursday, May 19, 2016
Elvis Presley Enterprises has applied for three building permits totaling $21.6 million for its Graceland West expansion.
The largest permit, at $18.1 million, is designated for core and shell construction at 1064 Craft Road. The other permits for $2.3 million at 1116 Craft Road and $1.1 million at 1126 Craft Road also are for core and shell work without any specific indication.
38.
The Week Ahead: May 9-15 -
Monday, May 9, 2016
Alright, Memphis, grab your calendars! Whether you want to book it over to the Ruby Bridges Reading Festival or just baste in the scent of barbecue, there’s plenty to do this week. Here’s our roundup...
39.
City Council Approves Parkside Development -
Thursday, April 21, 2016
The Memphis City Council has approved the concept of Parkside at Shelby Farms Park, a $200 million mixed-use development on the northern border of Shelby Farms Park.
40.
Parkside Development Gets Green Light -
Wednesday, April 20, 2016
Parkside at Shelby Farms Park, a $200 million mixed-use development on the northern border of Shelby Farms featuring three six-story apartment buildings, won the approval Tuesday, April 19, of the Memphis City Council.
41.
Hamilton & Holliman Bringing Mixed Upscale Housing to South Main -
Saturday, April 16, 2016
What was once Downtown’s industrial and rail district is now one of the most densely populated residential neighborhoods in Memphis. Over 2,000 units are under development in the South End, and the current population is expected to double over the next two to three years, according to the Downtown Memphis Commission.
42.
Moving Dirt -
Saturday, April 9, 2016
The Memphis development community is looking inward and upward to increase density in the urban core. New construction is happening across all four commercial real estate sectors, with long-anticipated projects like Trader Joe’s and the redevelopment of Central Station finally coming to fruition. Construction and operating costs continue to be a challenge as new projects hit the top of their class to command higher rents.
43.
Graceland West Moves Forward With $6.8M Permit -
Thursday, March 3, 2016
1116 Craft St.
Memphis, TN 38116
Permit Amount: $6.8 million
Owner: Elvis Presley Enterprises
Architect: Hnedak Bobo Group
44.
Ikea Memphis to Break Ground Next Week -
Tuesday, December 1, 2015
Ikea will break ground on its new Memphis-area store next week.
The Thursday, Dec. 10, event will take place at 11 a.m. at the site of the future Ikea store in Cordova off Germantown Parkway.
45.
Graceland West Gets LUCB’s Green Light -
Friday, October 9, 2015
Graceland is getting another expansion with a recently approved planned development dubbed Graceland West.
On Thursday, Oct. 8, the Shelby County Land Control Use board unanimously approved rezoning the area on the west side of Elvis Presley Boulevard to accommodate an entertainment complex with limited commercial mixed use.
46.
‘Graceland West’ to Cover 46 Acres -
Monday, September 7, 2015
With construction underway on its $90 million resort hotel north of Graceland, Elvis Presley Enterprises Inc. has filed paperwork for its plan for the plaza area across Elvis Presley Boulevard from the mansion itself.
47.
'Graceland West' to Cover 46 Acres, Include Museums and Restaurants -
Friday, September 4, 2015
With construction underway on its $90 million resort hotel north of Graceland, Elvis Presley Enterprises Inc. has filed paperwork for its plan for the plaza area across Elvis Presley Boulevard from the mansion itself.
48.
Council Gives Final Approval To Forrest Statue Removal -
Wednesday, August 19, 2015
Memphis City Council members gave final approval Tuesday, Aug. 18, to an ordinance setting the stage for removal of the Nathan Bedford Forrest statue in Health Sciences Park
49.
Gulch Approaching 50 Percent Buildout -
Saturday, July 4, 2015
Nashville’s storied Gulch, originally the home of the downtown railway terminal, is approaching another milestone in its long history.
Revitalization of the area began in the early 2000s, and The Gulch Improvement District was formed in 2006. Since that time, developers have found great success in luring in upscale residential, commercial and mixed-use tenants.
50.
Commission Begins to Wind Down Budget Season -
Monday, June 1, 2015
Shelby County Commissioners take the first of three votes Monday, June 1, on a county property tax rate for the new fiscal year, and the discussion could begin to tie up the loose ends remaining in the county’s budget season.
51.
Pinnacle Awards Honor Commercial Real Estate Standouts -
Monday, April 13, 2015
The local commercial real estate community gathered at the Memphis Botanic Garden Thursday, April 9, for the 14th annual Pinnacle Awards. Every year, the Memphis Area Association of Realtors Commercial Council honors its members based on their transactional volume, merit and community activity.
52.
EDGE Developing Guidelines for Destination Retail Incentives -
Saturday, March 21, 2015
When Swedish furniture retail giant Ikea announced it wanted to build one of its destination retail centers in Memphis, the company was greeted with open arms.
Mayor A C Wharton Jr. even held a City Hall press conference to announce the news in December.
53.
Brewery Developers Buy Site for New Apartment Building -
Tuesday, March 3, 2015
11 Butler Ave.
Memphis, TN 38103
Sale Amount: $1.25 million
Sale Date: Feb. 23, 2015
Buyer: 495 Tennessee LLC
Seller: BCH Investments LLC
Details: The team behind the development of the historic Tennessee Brewery has acquired a key piece of property adjacent to the long-vacant structure as plans for the new Tennessee Brewery: The Revival series of events there move forward.
54.
Gestalt Renews Plans for Hickory Hill School -
Saturday, February 28, 2015
A new Power Center Academy middle school in Hickory Hill near or on the footprint of the old Marina Cove Apartments moved a step closer to reality with Gestalt Community Schools applying for a $7 million building permit to build a 40,147-square-foot middle school at 5449 Winchester Road.
55.
Gestalt Renews Plans for Hickory Hill School -
Wednesday, February 25, 2015
A new Power Center Academy middle school in Hickory Hill near or on the footprint of the old Marina Cove Apartments moved a step closer to reality with Gestalt Community Schools applying for a $7 million building permit to build a 40,147-square-foot middle school at 5449 Winchester Road.
56.
Gestalt Renews Hickory Hill School Plans -
Tuesday, February 24, 2015
A new Power Center Academy middle school in Hickory Hill near or on the footprint of the old Marina Cove Apartments moved a step closer to reality with Gestalt Community Schools applying for a $7 million building permit to build a 40,147-square-foot middle school at 5449 Winchester Road.
57.
More Tax Incentive Changes Likely -
Monday, February 9, 2015
Shelby County Mayor Mark Luttrell made the argument last week in his State of the County speech that local economic development and economic recovery is not the singular pursuit of jobs.
58.
Wharton Administration No Show At Fairgrounds Forum -
Friday, January 30, 2015
No one from the administration of Memphis Mayor A C Wharton Jr. showed up Wednesday, Jan. 28, for a public forum on Wharton’s still-developing plan for the redevelopment of the Mid-South Fairgrounds.
59.
EDGE Approves Ikea Incentives -
Friday, January 23, 2015
Swedish furniture retailer Ikea has been awarded an 11-year tax break to develop a $64 million store near Interstate 40 and Germantown Parkway that is expected to employ 175 people.
The board of the city-county Economic Development Growth Engine on Wednesday, Jan. 21, approved the controversial payment-in-lieu-of-taxes incentive on an 8-1 vote. Larry Jackson voted against the measure.
60.
The Preserve at Southwind Sells for $28 Million -
Tuesday, January 6, 2015
7991 Capilano Drive
Memphis, TN 38125
Sale Amount: $28 million
Sale Date: Dec. 22, 2014
Buyer: Southwind Apartments LP
Seller: G&I VII Preserve at Southwind Apartments LP
Loan Amount: $18 million
Loan Date: Dec. 18, 2014
Maturity Date: Oct. 31, 2020
Lender: Jackson National Life Insurance Co.
Details: A team that includes Memphis-based Foegelman Venture Partners has sold The Preserve at Southwind apartment community for $28 million.
61.
Target Bringing 400-Job Project to Memphis -
Thursday, December 11, 2014
Memphis is poised to land hundreds of new jobs and retain several hundred more. Target will seek incentives from Memphis and Shelby County as early as next week for an online fulfillment center that will create over 400 new jobs.
62.
Local Golf Courses Change Hands, Undergo Improvements -
Wednesday, November 5, 2014
Mirimichi is a Native American word that means “place of happy retreat.”
Now that global entertainment icon Justin Timberlake and his family have sold their happy local retreat, Mirimichi Golf Course, to a local group for $500,000, the new owners have an opportunity to increase the number of holes and tournaments played at the course, which underwent a massive $16 million renovation.
63.
Schools, Development Dominate Germantown Races -
Tuesday, October 28, 2014
Germantown will have a new mayor once all of the votes are counted Nov. 4 in the city’s municipal elections on the ballot.
But the race between former Germantown Community Services director George Brogdon and alderman Mike Palazzolo likely won’t completely settle the community’s discussion and debate about development and the future of the Germantown Municipal Schools district.
64.
Commission Approves Budgets and Dueling Tax Rates Without PreK Amendment -
Tuesday, June 3, 2014
Shelby County Commissioners signed off Monday, June 2, on a $1.1 billion consolidated operating budget for all of Shelby County government as well as a $75 million capital budget, both for the fiscal year that begins July 1.
65.
County Commission Weighs Fairgrounds Opposition -
Monday, January 27, 2014
The relationship between city and county governments long has included overlapping interests with sometimes opposing positions on those interests.
Throw in years-old agreements involving real estate, and you have a recipe for uncertainty about how to resolve the differences to meet new arrangements.
66.
Four-Way Self Storage Facility Sells for $1.3 Million -
Tuesday, April 23, 2013
6780 Country Park Drive Memphis, TN 38134
Sale Amount: $1.3 million
Sale Date: April 9, 2013
67.
Boyle Celebrates 80 Years, Sponsors Art Exhibit -
Monday, March 18, 2013
Boyle Investment Co. turns 80 this year, and has partnered with the Memphis Brooks Museum of Art to celebrate.
68.
Highpoint Church Buys Briarcrest’s East Memphis Campus -
Friday, November 9, 2012
After seven years of leasing space for its worship services, Highpoint Church has acquired Briarcrest Christian School Systems Inc.’s property at 6000 Briarcrest Ave. for $7.25 million.
69.
Soul Map -
Monday, October 22, 2012
The Soulsville arrows beneath the Bellevue Boulevard railroad overpasses near Walker Avenue point north and south. It is the first indication that you are in an area where several possibilities can coexist.
70.
Grassroots Effort -
Thursday, October 4, 2012
Approaching the second anniversary of “New Face for an Old Broad” and the Historic Broad Avenue Business Association’s painting of its own bike lanes, the Binghampton district has seen activity increase exponentially on several fronts.
71.
Weak Hiring Shows Economy Still Hurting -
Monday, July 9, 2012
WASHINGTON (AP) – A third straight month of weak hiring shows the U.S. economy is still struggling three years after the recession officially ended.
U.S. employers added just 80,000 jobs in June, and the unemployment rate was unchanged at 8.2 percent, the Labor Department said Friday.
72.
Another Round -
Monday, July 9, 2012
The revitalization of Overton Square can perhaps be best summed up with a famous quote often attributed to Mark Twain: “History does not repeat itself, but it does rhyme.”
The history of the Midtown entertainment district dates back to late 1970, when T.G.I. Friday’s opened its first franchised location on Madison Avenue near Cooper Street following the passage of a referendum vote allowing liquor by the drink citywide a year prior.
73.
Saving the Haven -
Monday, June 25, 2012
With lush vegetation and a smattering of homes on large lots, Northaven is reminiscent of neighboring Shelby Forest.
But the community that sits north of Memphis and south of Millington also contains plenty of homes on smaller lots with the traditional layout of a 1970s-era suburban neighborhood. Northaven isn’t Shelby Forest. It isn’t Memphis, either. The unincorporated Shelby County neighborhood is where rural and suburban meet – and the combination hasn’t aged well.
74.
Mall Makeover -
Wednesday, June 20, 2012
Over the years, it has become harder and harder to tell that Whitehaven has two shopping malls.
Southbrook Mall was built across East Shelby Drive from Southland Mall, the city’s first shopping mall, which preceded Southbrook by five years.
75.
New Owner For Bartlett Car Wash Property -
Friday, May 4, 2012
A former car wash site in Bartlett has traded hands. Nyan Jaf acquired the 0.71-acre lot at 5960 Summer Ave. from Mr. Carwash LLC for $65,000.
76.
Price Increase Coming to Wine, Other Liquors -
Monday, March 26, 2012
Gazing into my crystal ball, I see that prices for a liquid near and dear to your heart are going to increase in 2012.
Oh, sure, gasoline, but what I’m speaking of is wine. In retails stores and in restaurants, your favorite brand will probably cost more, even to the glass of wine you order at a bar or with a meal.
77.
Grinding it Out -
Monday, February 6, 2012
After most recessions, real estate bounces back.
But the Great Recession has been notably different – long, deep and very prolonged.
That’s the message Dr. John Gnuschke, director of the Sparks Bureau of Business and Economic Research and co-director of the Center for Real Estate at the University of Memphis, delivered in December at the Urban Land Institute’s Real Estate Outlook for the Mid-South.
78.
CRE Activity Stays Strong During 2011 -
Friday, December 30, 2011
Despite hard times, local commercial real estate firms were able to ink plenty of deals in the past 12 months.
Memphis’ industrial leasing activity kicked off in January when Buena Park, Calif.-based Pacific Logistics Corp. signed a 60,000-square-foot lease in ProLogis Park DeSoto for its first Memphis-area location.
79.
Prolonged Recession -
Monday, December 26, 2011
In the words of Phil Woodard, an owner of multiple residential and commercial properties in Downtown Memphis, breaking even is the new profit.
Or as national real estate expert Jonathan Miller said earlier this month at the Urban Land Institute’s Real Estate Outlook for the Mid-South, “We cannot expect to make money the way we did a few years ago.”
80.
In the US, Two Housing Markets and Two Directions -
Thursday, September 22, 2011
In America, it's starting to feel as if there are two housing markets. One for the rich and one for everyone else.
Consider foreclosure-ravaged Detroit. In the historic Green Acres district, a haven for hipsters, a pristine, three-bedroom brick Tudor recently sold for $6,000 – about what a buyer would have paid during the Great Depression.
81.
Market Changes -
Monday, May 30, 2011
With the local commercial real estate industry showing signs of a rebound, it still appears the bounce back has a ways to go to a full recovery.
Shelby County’s commercial sales during the past 12 months – May 2010 through April 2011 – totaled 698, up 19 percent from 585 sales during the previous 12-month period, according to the latest data from real estate information company Chandler Reports, www.chandlerreports.com. Commercial real estate sales numbers reflect office, industrial and retail real estate.
82.
Pinnacle Awards Honor City’s Best Brokers -
Monday, April 11, 2011
As emcee Dan Conaway noted in his opening address Thursday night at the 10th annual Pinnacle Awards, “OK is the new great.”
83.
Pinnacle Awards Honor City's Best Brokers -
Friday, April 8, 2011
As emcee Dan Conaway noted in his opening address Thursday night at the 10th annual Pinnacle Awards, “OK is the new great.”
84.
Brand Strategy -
Tuesday, April 5, 2011
It was two years ago at a Five Guys Burgers and Fries franchisee conference when license rights to Memphis were up for grabs.
Mark Moseley, director of franchising for the Lorton, Va.-based burger chain and friend of FedEx Corp. founder Fred Smith, approached Alabama franchisee Seth Hargett about putting together a package and asked him if he wanted Memphis.
85.
Family Dollar Signs 2 Leases for Stores -
Friday, February 11, 2011
Family Dollar has signed a 12,000-square-foot lease at 2754 Lamar Ave. Shawn Massey, partner with The Shopping Center Group LLC, represented the tenant. Harold Blockman with Keller Williams Realty Inc. represented the landlord, Chong K and Dul S. Pae.
86.
Shifting Gears -
Monday, February 7, 2011
Memphis has long been a real estate town.
Family names like Belz, Boyle, Clark, Fogelman, Loeb, Snowden and Wilkinson – to name a few – have become synonymous not only with local commercial and industrial development but also with the city’s business fortunes and cultural identity.
87.
Retail Rebound? -
Monday, December 27, 2010
Retail sales are looking bright this year, a sign that the pendulum of consumer confidence is swinging back in the right direction.
Holiday sales are anticipated to increase a modest 3.3 percent this year – adjusted from 2.3 percent in November – according to the National Retail Federation (NRF). This year’s uptick follows 2008’s 3.9 percent decline and also tops the 10-year average holiday sales increase of 2.5 percent.
88.
Moving Forward -
Monday, December 27, 2010
As the commercial real estate market remained soft in 2010, a handful of major deals – including some to close the year – indicated light at the end of the tunnel.
The year ended with the top retail investment sale of the year when Loeb Properties Inc. bought Park Place Centre from Belz Enterprises Inc. for $10.3 million.
89.
Skyline Grows Local Footprint on Vantech Dr. -
Friday, December 10, 2010
Skyline Exhibits MidSouth is expanding its presence at East Pointe Business Center.
The St. Paul, Minn.-based tradeshow exhibits company renewed its 9,958-square-foot lease at 3895 Vantech Drive, Suite 9, and expanded into an additional 3,524 square feet. The additional space will enable Skyline to assemble and store exhibits for clients.
90.
ULI: Recovery to Begin in 2011 -
Thursday, December 9, 2010
The real estate market is projected to turn around next year, but the industry will have to settle for baby steps in all markets and property sectors.
That was the message more than 250 bankers, investors and real estate professionals heard Wednesday at the Urban Land Institute’s fourth annual Real Estate Outlook for the Mid-South where they learned about the “era of less.”
91.
Construction Slated for Solana Senior Facility -
Tuesday, November 23, 2010
8199 Poplar Ave.
Germantown, TN 38053
Permit Amount: $19 million
Project Cost: $30 million
Permit Date: Applied November 2010
Completion: Spring 2012
Owner: Formation Development Group LLC
Tenant: Dogwood Ridge Senior Living
Contractor: three
Architect: Rogers Construction
92.
Downtown Touchdown -
Monday, October 11, 2010
Many of the dominoes that fell into place in advance of Pinnacle Airlines Corp. deciding to move its Memphis corporate headquarters to the landmark Downtown tower One Commerce Square happened in the public eye.
93.
Pinnacle Chooses One Commerce -
Thursday, October 7, 2010
Pinnacle Airlines Corp. has decided to shift its Memphis headquarters from Memphis International Airport to a landmark Downtown tower, capping months of study by Pinnacle and intense lobbying of the regional air carrier by state and local governments.
94.
Pinnacle Chooses One Commerce Square -
Wednesday, October 6, 2010
Pinnacle Airlines Corp. has decided to shift its Memphis headquarters from Memphis International Airport to a landmark Downtown tower, capping months of study by Pinnacle and intense lobbying of the regional air carrier by state and local governments.
95.
Lasting Legacies -
Monday, September 27, 2010
Consider the continent as it was when Memphis was founded in 1819. No railroads crisscrossed the land and Tennessee roads would not be paved until after World War I.
For a city to thrive and prosper, transportation would be paramount. For Memphis, the Mississippi River, an integral artery of commerce and communication in America, would be its gateway to greatness.
96.
Realizing Dreams -
Tuesday, July 6, 2010
William Adair’s quad-cab, four-wheel-drive pickup truck is splattered with mud. The office where he parks it out back, a converted country home at the corner of Tenn. 196 and U.S. 72, is littered with maps.
97.
Midtown Target -
Tuesday, June 1, 2010
Two years ago this month, awed silence greeted real estate developer Tom Marsh as he clicked through slides and walked a neighborhood group through his team’s plan.
98.
Local CRE Market Falters in February -
Tuesday, March 16, 2010
All the talk about commercial real estate’s doldrums is bolstered by Shelby County’s latest numbers, which underscore how much the sector is still hurting.
Because of tightened lending guidelines and companies’ hesitance to make real estate moves, the numbers continue to shrink with each month of the recession.
99.
Commercial Real Estate Hits Doldrums -
Friday, December 18, 2009
When it comes to trends, commercial real estate usually lags residential real estate, sometimes by as much as a year. So with the housing market showing its first signs of improvement during the last month or so, the commercial sector needs to prepare itself for a long, bumpy road to recovery.
100.
Mud Island Makeover -
Monday, November 30, 2009
In August 1976, Roy Harrover, the Memphis architect who designed such landmarks as Memphis International Airport, Memphis College of Art and the NBC Bank Building wrote a six-page description of a project then known as Volunteer Park.