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Editorial Results (free)

1. Snapshot: How Memphis-Based Public Companies are Faring -

Acquisitions have been a common theme among many Memphis-based public companies the past few quarters. Here is a roundup of those transactions and other business highlights from each of the companies.

2. St. Jude Pulls $84.5M Permit for Expansion -

St. Jude Children’s Research Hospital has applied for an $84.5 million permit for construction on its Downtown campus, part of a $9 billion strategic plan announced late last year.

Addition and alterations will take place at 262 N. Danny Thomas Blvd., according to the application, which lists W.G. Yates & Sons Construction Co. as the contractor.

3. Memphis-Area Tech Firm Acquired -

Massachusetts-based SmartBear software has acquired CrossBrowserTesting of Germantown.

SmartBear says the acquisition will help it further accelerate and scale the growing cloud testing platform.

4. Mortgage Market Up 31 Percent in April -

Shelby County’s mortgage market kicked off the second quarter by posting strong numbers for April, a continuation of where the mortgage market has been heading so far this year.

Last month’s total purchase mortgage volume stood at a little more than $168 million, up from April 2015’s total of a little more than $128 million, for a gain of 31 percent. That’s according to real estate information company Chandler Reports, www.chandlerreports.com.

5. Memphis-Area Tech Firm Acquired -

Massachusetts-based SmartBear software has acquired CrossBrowserTesting of Germantown.

SmartBear says the acquisition will help it further accelerate and scale the growing cloud testing platform.

6. The Week Ahead: May 2-8 -

So, you think this is the “off-week” of the Memphis In May International Festival – the gap between the Beale Street Music Festival and the World Championship Barbecue Cooking Contest. But, while Tom Lee Park gets a breather, there are plenty of cultural experiences to soak up across Memphis. Here's our weekly roundup of local happenings you need to know about...

7. Moving Dirt -

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.

8. SweetBio Reaches $1 Million in Secondary Funding -

The dust has settled after New Orleans Entrepreneurship Week, and several Memphis startups have returned home as winners.

“It’s like South by Southwest, but for entrepreneurs in the South,” said Kayla Rodriguez, co-founder and chief operating officer of SweetBio, of the week-long event.

9. Sugar Services, an Elephant in South End Room, Plans to Stay -

In operation since 1969, Sugar Services is one of the last vestiges of the South End’s legacy as a heavy industrial area. While the factory has continued to process bulk sugar into liquid sugar from its site at 15 W. G.E. Patterson, at the southeast corner of Tennessee Street, developers attracted to the South Main Arts District have built condos and apartments on either side.

10. Five to Watch -

“You can’t live in Memphis without some kind of side hustle, right?” That’s the way former WMC-TV reporter Lauren Squires Ready sees it. Her side hustle, the passion project she’s been pursuing in her free time separate from all the writing, reporting and live shots as an on-air news personality?

11. St. Louis Cardinals Sell Majority Stake in Memphis Redbirds -

Less than two years ago, the St. Louis Cardinals finalized their purchase of their Triple-A affiliate, the Memphis Redbirds. Now, the Cardinals, pending full approval from the Pacific Coast League, have announced on Monday, March 7, that they have reached an agreement to sell a majority interest in the Redbirds to Peter B. Freund, the Principal Owner of Trinity Baseball Holdings.

12. The Big Uh-Oh: Global Economy Shaky and Cavalry May Not Come -

WASHINGTON (AP) – Eight years after the financial crisis, the world is coming to grips with an unpleasant realization: serious weaknesses still plague the global economy, and emergency help may not be on the way.

13. Monsanto Pays $80 Million to Settle Accounting Charges -

Monsanto will pay an $80 million penalty and several executives will pay smaller amounts to settle federal allegations that the agribusiness giant misstated its earnings by not properly disclosing the costs of a rebate program for its Roundup weed-killer.

14. 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.

15. 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.

16. Ford's 2015 Pretax Profit Jumps on Stronger sales -

DEARBORN, Mich. (AP) — Higher sales in most of the world helped Ford Motor Co. achieve a record pretax profit in 2015, but investors remain skittish that the good news won't keep coming.

17. Roberts Elected to Baker Donelson Board -

Kristine Roberts, a shareholder in the Memphis office of the Baker Donelson law firm, has been elected to the firm’s board of directors.

18. Last Word: Tri-State's Deal With First Tennessee, Matt Barnes' Fine and The Grind -

It sounds strange to refer to this as a holiday weekend – the anniversary of the birth of Dr. Martin Luther King Jr.
Holidays suggest something different than the rededication to purpose so many of us stress as our definition of this day honoring the memory of a leader whose life made it difficult to imagine what our society would be like without his presence.
That we feel compelled to express the meaning of the day through actions and a recommitment to principles buffeted by reality reflects a hope that we wish to retain as first-hand memories of King’s life fade and his legacy endures.

19. Roberts Elected to Baker Donelson Board -

Kristine Roberts, a shareholder in the Memphis office of the Baker Donelson law firm, has been elected to the firm’s board of directors.

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

601 Wolf River Blvd.
Collierville, TN 38017

Sale Amount: $17 million

Sale Date: Dec. 29, 2015

21. Pilot Distribution Center Sells for $11.9 Million -

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

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

22. Pilot Distribution Center Sells for $11.9 Million -

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

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

23. 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.

24. iBank Tower Sells for $19.2 Million -

The iBank Tower, located at 5050 Poplar Ave., has sold for $19.2 million, and for the first time, the same owner controls both the iBank Tower and the nearby Clark Tower at 5100 Poplar Ave.

25. Steamship Supporters Seek Exemption to Resume Cruises -

HELENA-WEST HELENA, Ark. (AP) – Supporters of the Delta Queen say they'll continue working to get Congress to approve an exemption that would allow the historic steamship to resume cruises on the Mississippi River.

26. 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.

27. The Paper Source To Join Saddle Creek -

The Paper Source, a gift retailer offering fine paper, custom invitations and announcements and stationery, is the latest store to join the Shops of Saddle Creek.

Set to open summer 2016, the 2,391-square-foot store will be located at Saddle Creek South near Brooks Brothers.

28. The Paper Source To Join Saddle Creek -

The Paper Source, a gift retailer offering fine paper, custom invitations and announcements and stationery, is the latest store to join the Shops of Saddle Creek.

Set to open summer 2016, the 2,391-square-foot store will be located at Saddle Creek South near Brooks Brothers.

29. Corker Says Visa Waivers a Bigger Risk Than Refugees -

U.S. Sen. Bob Corker says he believes the nation needs to stop admitting Syrian refugees until security problems are solved, but the nation’s “bigger risk” in letting terrorists slip into the country lies with the nation’s Visa Waiver Program.

30. The Week Ahead: Dec. 14, 2015 -

How was your weekend, Memphis? Here’s our weekly rundown of local happenings you need to know about, from the annual AutoZone shareholder convergence Downtown to the new Star Wars movie...

31. A List of Mayor-Elect Jim Strickland’s Appointments So Far -

Memphis Mayor elect Jim Strickland still has some appointments to make, but he is methodically filling key positions in his administration ahead of taking office Jan. 1.

32. Scotts LawnService to Merge With TruGreen -

Memphis-based TruGreen Holdings Inc. is merging in a joint venture with the Scotts LawnService division of Scotts Miracle-Gro Co. of Marysville, Ohio.

33. Scotts LawnService to Merge With TruGreen -

Memphis-based TruGreen Holdings Inc. is merging in a joint venture with the Scotts LawnService division of Scotts Miracle-Gro Co. of Marysville, Ohio.

34. Shelby County Mortgage Market Up 18 Pct. in November -

When Sam Goff gets phone calls these days from prospective homebuyers wanting to start the mortgage loan process, the conversations tend to start the same way.

35. Shares of DuPont, Dow Soar on Reports of Merger Talks -

DOVER, Del. (AP) — Shares of Dow Chemical and DuPont were trading sharply higher Wednesday amid reports that the two chemical giants are in advanced merger discussions.

The Wall Street Journal reported Tuesday that the companies were planning to merge and then split into three companies focused on agriculture, specialty chemicals and materials.

36. Wharton Touts Memphis’ Emergence in Exit Interview -

He didn’t win re-election, but A C Wharton says he did change the city’s politics in his six years as mayor.

“It would be the epitome of naivete to say that there are not some folks who still try to thrive politically on dividing us. I guess that will always be,” Mayor Wharton said in a Tuesday, Dec. 8, exit interview with The Daily News. “But by and large, I am convinced that most people are set on saying, ‘Let’s get along.’ It’s tough enough out there with us working together. Imagine what it will look like if we don’t. … I believe we are on our way.”

37. The Week Ahead: Dec. 7, 2015 -

How was your weekend, Memphis? Here’s our weekly rundown of local happenings you need to know about, from gift shopping at the Memphis Indie Holiday Market to the latest Beale Street developments ...

38. Memphis, North Mississippi Competition Raises Questions -

When leaders of the city-county Economic Development Growth Engine didn’t grant developers a $24 million tax abatement to build an industrial park on the site of the former Mall of Memphis, some saw it as more kindling for competition between the industrial markets of North Mississippi and Southeast Shelby County.

39. 3 Trends for the Holidays -

NEW YORK (AP) — The holiday season is upon us. Here's what shoppers can expect if they're heading out to stores at any point during the holiday shopping season:

NO FIGHTING OVER MUST-HAVE GIFTS

40. 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

41. New Tech901 Expands City’s Tech Field -

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

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

42. Shelby County Mortgage Market Up 10 Percent in October -

Shelby County’s mortgage market is now mid-way through the final quarter of the year, but, judging from the market’s performance in October, the typical year-end slowdown hasn’t materialized yet.

43. Crosstown Developer: Complicated Projects Can Be Transformative -

The Memphis-area commercial real estate market continues to trend upward, industry leaders say. All asset classes are trending toward pre-Recession levels, and Memphis is taking on more complicated projects like the Crosstown Concourse redevelopment.

44. International Paper’s Q3 Off 38 Pct. From Previous Year -

International Paper Co. reported Wednesday, Oct. 28, that it earned $220 million, or 53 cents per share, in third quarter 2015.

45. Saddle Creek Announces New Store Openings -

Several tenants have been announced for the Saddle Creek shopping center in Germantown.

Clothing and lifestyle store Lily Rain will open its first Tennessee location in a 1,600-square-foot bay at Saddle Creek South, next to Michael Kors.

46. Saddle Creek Announces New Store Openings -

Several tenants have been announced for the Saddle Creek shopping center in Germantown.

Clothing and lifestyle store Lily Rain will open its first Tennessee location in a 1,600-square-foot bay at Saddle Creek South, next to Michael Kors.

47. International Paper's Third-Quarter Earnings Off 38 Pct. -

International Paper Co. reported Wednesday, Oct. 28, that it earned $220 million, or 53 cents per share, in third quarter 2015.

48. Bipartisan Brakes for Governor Haslam’s Privatization Push -

Plans to put Tennessee’s real estate and government operations in the hands of private business are much further along than Gov. Bill Haslam would like people to think.

A master of downplaying big issues, Haslam says he’s simply looking for ways to make government run more efficiently and save money.

49. 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.

50. New Tax Breaks Attract Grocers to Memphis Food Deserts -

Two of Memphis’ prominent food deserts are on the mend with possible tax breaks to attract grocery stores.

Binghampton and Uptown are set to receive Community Builder PILOTs, a new payment-in-lieu-of-taxes incentive granted by the Memphis and Shelby County Economic Development Growth Engine.

51. Design Thinking As Worldview -

Design thinking is considered a human-centered framework for problem solving, used in formal innovation work in many fields: health care, consumer products, software, medical devices, durable goods, services and city planning. Design thinking has been perhaps the most lauded innovation method. In brief, the phases include empathy, define, ideation, prototyping, testing and storytelling.

52. Dunavant Touts Direct Sales -

Woodson Dunavant and Don Lake are used to the question now that Dunavant Enterprises is through its non-compete with Dreyfus Commodities, the company that bought its global cotton operation in 2010.

53. Twitter Gives Co-Founder Jack Dorsey a 2nd Chance as CEO -

SAN FRANCISCO (AP) — Twitter is embracing Jack Dorsey as its CEO in hopes that its once-spurned co-founder can hatch a plan to expand the short messaging service's audience and end nearly a decade of financial losses.

54. Grizzlies Bites: October 2-8 -

FedExForum Increases Security for Grizzlies Games: Walk-through magnetometers (metal detectors) have been installed at all entrances to FedExForum, and will be standard practice for entering fans starting with the Memphis Grizzlies’ first preseason game Tuesday, Oct. 6, vs. the Houston Rockets.

55. City Divisions To Relocate As Memphis Trims Its Footprint -

The city of Memphis is trimming its footprint with plans to consolidate municipal departments in three buildings across the city.

The Donnelley J. Hill State Office Building in Civic Center Plaza soon will be home to several municipal organizations, including the Memphis Police Department, the division of Housing and Community Development and some human resources and law offices.

56. 3M, Subsidiary Sued in Circuit Court -

A machine used to warm patients in operating rooms is at the center of a $20 million lawsuit filed Monday, Sept. 21, in Shelby County Circuit Court.

John Forsythe, a FedEx employee who lives in Byhalia, Miss., is suing The 3M Co. and its subsidiary, Arizant Healthcare Inc., claiming a Bair Hugger forced-air warming machine used during his knee surgery at Saint Francis Hospital last year was responsible for an infection he developed after leaving the hospital.

57. 3M, Subsidiary Sued in Shelby County Circuit Court -

A machine used to warm patients in operating rooms is at the center of a $20 million lawsuit filed Monday, Sept. 21, in Shelby County Circuit Court.

John Forsythe, a FedEx employee who lives in Byhalia, Miss., is suing The 3M Co. and its subsidiary, Arizant Healthcare Inc., claiming a Bair Hugger forced-air warming machine used during his knee surgery at Saint Francis Hospital last year was responsible for an infection he developed after leaving the hospital.

58. Highland Row Developer Seeks Permit for Parking Garage -

Highland Row
Parking Garage
Permit Amount: $5 million

Application Date: September 2015
Completion: Late summer 2016
Owner: Poag Shopping Centers LLC
Architect: Looney Ricks Kiss
Contractor: Milhaus Development LLC
Details: Indianapolis-based developer Milhaus Development LLC and Memphis-based Poag Shopping Centers LLC have pulled a $5 million building permit as they continue developing the new Highland Row urban infill development.

59. New Restaurant Flying into Oak Court Mall -

A new eatery has spread its wings and landed at Oak Court Mall.

American Wing Co. is opening this fall in the mall, at 4465 Poplar Ave.

60. New Restaurant Flying Into Oak Court Mall -

A new eatery has spread its wings and landed at Oak Court Mall.

American Wing Co. is opening this fall in the mall, at 4465 Poplar Ave.

61. Soul Fish Cafe Expanding in Cooper-Young, Opening in Little Rock -

Memphis-based Soul Fish Cafe is cooking up an expansion, both in Memphis and beyond.

The restaurant, with three locations in Shelby County, is preparing to break ground on No. 4 next month. It’s set for downtown Little Rock, the company’s first location outside of the Memphis area as well as its first in a Downtown district.

62. $83.6 Million Rental-Home Deeds Filed With County Register -

Deeds related to New York-based Cerberus Capital Management’s purchase of more than 1,000 rental homes in Shelby County have been filed with the county Register’s Office.

Cerberus affiliate CSMA BLT LLC purchased 1,024 rental homes from BLTREJV3 Memphis LLC, an affiliate of BLT Homes, for a combined $83.6 million, according to five Aug. 31 special warranty deeds.

63. Health Care Suffers As Rural Hospitals Continue Slow Fade -

Fayette County is the latest victim of hospital closings in Tennessee as many rural health care facilities continue to struggle financially.

Methodist Healthcare-Fayette Hospital closed in late March, bringing to four the number of shuttered hospitals in West Tennessee after Gibson General, Humboldt General and Haywood Park Community called it quits in 2014.

64. $83.6 Million Rental-Home Deeds Filed With County Register -

Deeds related to New York-based Cerberus Capital Management’s purchase of more than 1,000 rental homes in Shelby County have been filed with the county Register’s Office.

Cerberus affiliate CSMA BLT LLC purchased 1,024 rental homes from BLTREJV3 Memphis LLC, an affiliate of BLT Homes, for a combined $83.6 million, according to five Aug. 31 special warranty deeds.

65. Google Forms a New Holding Company, 'Alphabet' -

SAN FRANCISCO (AP) — Google is creating a new company to oversee its highly lucrative Internet business and a growing flock of other ventures, including some — like building self-driving cars and researching ways to prolong human life — that are known more for their ambition than for turning an immediate profit.

66. Unlikely Path -

It all started on whim. Cassius Cash was on his way to band practice at the University of Arkansas when he decided to practice his interview skills instead.

“Someone informed me the (U.S.) Forest Service was doing recruitment, but I had no intention of going in there and landing the internship,” says Cash of that interview for a wildlife biologist internship. “I thought the interview was about as far as I was going to go to chase my dreams.”

67. Ford Surprises in 2Q With Record North American Profit -

DEARBORN, Michigan (AP) — Ford Motor Co.'s net income jumped 44 percent to $1.9 billion in the second quarter as global sales rose and customers paid more for new trucks and SUVs with premium features.

68. Google Shareholders Revel in Record 1-Day Windfall of $65.1 Billion -

SAN FRANCISCO (AP) – Google's stock roared out of a long slumber Friday to produce the biggest shareholder windfall in U.S. history as investors rewarded the Internet company for promising to curb its spending on risky projects.

69. Resurrection Health Expands With Whitehaven Clinic -

A faith-based, evangelical health service organization that’s only halfway through its first year of existence has opened a second clinic to help support its mission of addressing health care disparities in Memphis.

70. Wonder Bread Bakery Under Contract -

The former Wonder Bread bakery at 400 Monroe Ave. could soon have a new owner.

The bakery, idled by a labor strike before being sold in 2013, is under contract to a potential buyer, according to a commercial real estate broker.

71. Hillwood Pays $17.7 Million for FedEx SupplyChain Facility -

5050 E. Holmes Road and 0 Lamar Ave.
Memphis, TN 38118
Sale Amount: $17.7 million

72. Hops Growers Rush To Meet Rising Demand From Craft Brewers -

MOXEE, Wash. (AP) – These are good times for growers like Ben St. Mary. He stood at his family's farm in Washington state recently and watched as employees built trellises where a new field of hops, the key ingredient in the flavoring of beer, will grow.

73. Old Dominick Distillery Moving Forward -

D. Canale & Co. is moving forward with plans to build a $5 million distillery on Front Street Downtown.

74. Old Dominick Distillery Moving Forward -

D. Canale & Co. is moving forward with plans to build a $5 million distillery on Front Street Downtown.

75. MAA Outgrowing Its East Memphis Headquarters -

MAA has tapped Cushman & Wakefield/Commercial Advisors to explore its long-term corporate office needs.

The apartment-focused real estate investment trust says internal growth and the 2013 acquisition of Colonial Properties Trust means space at its East Memphis headquarters is getting tight.

76. Plans for Old Dominick Distillery Move Forward -

D. Canale & Co. is moving forward with plans to build a $5 million distillery on Front Street Downtown.

77. FedEx Boosts Dividend by 25 Percent -

FedEx Corp. is increasing its quarterly dividend by 25 percent as it inches closer to completing a deal that would make it one of the largest international package deliverers in Europe.

78. Making the Connection -

Archie Willis III had just earned his master’s degree in business at the University of North Carolina at Chapel Hill when he returned to Memphis in 1981 to help his father, A.W. Willis Jr., redevelop the Adler Hotel Annex.

79. Tesla Motors Co-Founder Wants to Electrify Commercial Trucks -

SAN JOSE, Calif. (AP) – Twelve years ago, Ian Wright and some fellow engineers launched Tesla Motors, a Silicon Valley company that has helped jumpstart the market for electric cars.

80. Salomon Joins Harkavy Shainberg -

Jason D. Salomon, one of the 25 lawyers in Tennessee certified as an estate planning specialist, has joined Harkavy Shainberg Kaplan & Dunstan PLC as a member of the firm.
Salomon focuses his practice primarily in the areas of estate planning, trust implementation and probate administration. He also addresses issues regarding disability planning, elder law, nonprofits and small-business succession.

81. Snapshot: Memphis-Based Public Companies -

Here's a look at what's going on at the dozen public companies headquartered in Memphis:

AutoZone Inc.

AutoZone Inc. is one of the largest auto parts retailers and distributors in the U.S., with a store count of 5,476 as of Feb. 14. Since 1998, the company has repurchased $15.7 billion worth of its own shares. At the end of March, AutoZone continued its share buyback program with the authorization to buy back another $750 million in company stock. The company followed that news with plans to pursue a $650 million debt offering to be used for “general corporate purposes.” – Andy Meek

82. TruGreen Inches Closer to New Memphis Headquarters -

TruGreen will move its 300 Memphis-area employees to a new corporate headquarters by the end of 2015, a move that will solidify the company’s spot in the Memphis business landscape.

“We are very close,” said Amy Simpson, spokesperson for TruGreen, adding that the company has “narrowed it down to a few places.”

83. Proveaux’s Fuel Cafe Brand Covers Multiple Platforms -

When Erik Proveaux opened Fuel Café, it was because he wanted to set up roots after traveling the country for years doing film production catering. Five years later those roots have spread, and now he operates a multimodal brand that covers the restaurant, catering, food truck and small-batch production industries.

84. Shelby County Commercial Sales Revenue Surges in First Quarter -

The number of commercial sales in Shelby County dipped in the first quarter when compared to last year but the average sale amount and total sales revenue surged ahead of 2014 levels, according to real estate information company Chandler Reports.

85. Midtown Momentum -

Kroger Co., buoyed by the Crosstown Concourse development and increased investment in Midtown as a whole, has purchased properties associated with the long-dormant Washington Bottoms project at Poplar Avenue and Cleveland Street.

86. Mobile Merchants Gets Retailers, Chefs Rolling -

Barry Lichterman and Blake Lichterman own a small fleet of retail and food trucks, but you won’t see their name on any of the vehicles.

87. Wal-Mart Moves Forward With New Supercenter -

6790 Raleigh Lagrange Road
Memphis, TN 38134
Permit Amount: $600,000

Permit Application Date: April 2015
Owner: Wal-Mart Stores Inc.
Tenant: Wal-Mart Stores Inc.
Architect: Carlos Perez
Details: Wal-Mart Stores Inc. is moving forward with plans for a new supercenter near Interstate 40 and Whitten Road.

88. Loeb Sees Activity at Executive Square -

Loeb Properties has picked up a new lease and a lease renewal inside the Executive Square development in East Memphis.

BoCo Health Services signed a new lease for 1,007 square feet in Suite 103 at 5575 Poplar Ave. In addition, Sunshine Corp. renewed its 1,075-square foot lease in Suite 420.

89. Highland Capital Management Merges With Florida Firm -

Memphis-based investment firm Highland Capital Management has merged with a Florida-based financial firm.

Highland Capital has acquired the assets of ICC Capital Management, a combination that increases client assets under management at Highland to $2.8 billion. As a result, Highland’s parent company, Louisiana-based wealth management firm Argent Financial Group, is now responsible for client assets of more than $11 billion.

90. Simon Property Group Launches $16 Billion Hostile Bid for Macerich -

INDIANAPOLIS (AP) – Simon Property Group has launched a $16 billion hostile bid for Macerich Co. after saying its rival refused to discuss a combination of two of the largest U.S. mall operators.

91. Highland Row Developer Approved for $11 Million Permit -

395 S. Highland St.
Memphis, TN 38111
Permit Amount: $11 million

Project Cost: $61 million
Permit Approval Date: March 2015
Owner: Highland Row LLC
Contractor: Milhaus Construction LLC
Details: The developer of the mixed-use Highland Row project won approval for an $11 million building permit from the city-county Office of Construction Code Enforcement.

92. Caesars Seeks to Demolish Part of Former Harrah's in Tunica -

JACKSON, Miss. (AP) – A division of Caesars Entertainment Corp. is asking a federal bankruptcy judge for permission to "dismantle and liquidate" part of its shuttered Harrah's casino complex in Mississippi's Tunica County.

93. Midtown Warehouses Fetch $1.2 Million -

Two Midtown warehouses have been sold for $1.2 million.

A group operating as BBC LLC bought the warehouses at 324 and 340 S. Hollywood Street, located on the east side of Hollywood just south of Milton Avenue near Liberty Bowl Memorial Stadium, from Hollywood Partners, according to Feb. 25 warranty deeds.

94. Midtown Warehouses Fetch $1.2 Million -

Two Midtown warehouses have been sold for $1.2 million.

A group operating as BBC LLC bought the warehouses at 324 and 340 S. Hollywood Street, located on the east side of Hollywood just south of Milton Avenue near Liberty Bowl Memorial Stadium, from Hollywood Partners, according to Feb. 25 warranty deeds.

95. Brewery Developers Buy Site for New Apartment Building -

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.

96. Flexing Its Muscles, LA Fitness Eyes Third Store -

LA Fitness is eyeing a property in the heart of East Memphis for its third Memphis-area location.

The California-based fitness center chain is considering opening its third store in the Memphis market at 1285 Ridgeway Road, according to sources.

97. County Home Sales Dip in January -

Fewer homes were sold in Shelby County in January when compared to last year, but pricing remained strong.

There were 1,018 homes sold in Shelby County in January, down 7.5 percent from 1,100 sales in January 2014, according to real estate information company Chandler Reports, www.chandlerreports.com.

98. Developer Charlie Ryan Focusing on Central-Cooper Intersection -

765 Tanglewood St.
Memphis TN 38104
Sale Amount: $27,000

Sale Date: Feb. 9, 2015
Buyer: Charles S. “Charlie” Ryan
Seller: Cowles Development Company LLC
Details: Developer Charles S. “Charlie” Ryan has acquired a key piece of Midtown property.

99. Napa Auto Parts Store Sells for $1.4 Million -

A Hickory Hill auto parts store has been sold for $1.4 million.

California-based El El Sea LLC, operating in care of Atlanta-based Genuine parts Co., acquired the Napa Auto Parts store at 3505 Ridgeway Road from GP Memphis TN Landlord LLC, according to a Feb. 3 warranty deed.

100. High Flyer -

She does not want to tell this first story, the one that could have meant there would be no more stories. There is fear in sharing the story about how two airplanes nearly collided because she never wants to say anything that might dissuade people from flying.