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1. Snyder’s-Lance Signs Deal In Southaven -

A well-known snack food company has boosted its distribution presence in the Memphis area.

Snyder’s-Lance Inc. signed a 26,757-square-foot lease at Airways Distribution Center Building F, 8425 Airways Blvd., in Southaven.

2. StyleCraft Signs Lease At Airways Building E -

Home decor company StyleCraft Home Collection Inc. has signed a 167,600-square-foot lease at Industrial Developments International’s Airways Distribution Center Building E.

3. CRE Activity Stays Strong During 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.

4. Mississippi Muscle -

Since the 1950s, Memphis has been building industrial space for users to benefit from the city’s transportation amenities, which now includes five Class 1 railroads, several interstate highways, the nation’s fourth-busiest inland waterway port and the world’s second-largest cargo airport.

5. Q1 Commercial Landscape Sees Slow Start -

Memphis’ commercial real estate landscape was off to a slow start during the first quarter of 2011, according to the latest CB Richard Ellis MarketView report.

Memphis’ office market saw very little change from the end of Q4 2010 for the office market.

6. WPG Americas Signs Lease in Southaven -

A San Jose, Calif.-based worldwide electronics distributor is entering the Memphis area with full force.

WPG Americas Inc. has signed a 54,000-square-foot lease at Airways Distribution Center, 481 Industrial Drive, in Southaven. The project – a relocation of the WPG America’s New York facility – represents a $1.5 million investment by the company and will create 60 jobs over the next three years.

7. UTHSC to Cut 200 Jobs -

Memphis businesses and institutions are continuing to shed jobs, with 200 job cuts on the way at the University of Tennessee Health Science Center and 18 jobs cuts at Memphis Mill Services.

The UTHSC is cutting 200 jobs between Jan. 7 and March 31, according to a notice filed with the state Department of Labor and Workforce Development. Memphis Mill Services instituted its own job cuts earlier this month, according to the notice.

8. Hundreds of Local Job Cuts on the Way -

The recession is now taking a toll on Memphis’ core industries – logistics and distribution. Plano, Texas-based PFSweb Inc., which manages more than 2 million square feet of space in Memphis and Southaven, is cutting 218 local jobs after losing a lucrative contract here.

9. PFSweb ExpandsMemphis Call Center -      PFSweb Inc. announced Monday it has expanded the customer call center capacity at its Memphis and Plano, Texas, facilities by a total of about 170 seats.
     PFSweb Inc., which has a distrib

10. PFSweb Garners More Business -      Riverbed Technology Inc. has selected PFSweb Inc. to provide its international logistics and product assembly services. The contract was signed in November 2006 and the terms have not been disclosed.

11. Lego to ShipFrom Memphis -      Beginning in April, online orders from Connecticut-based LEGO Brand Retail Inc. will be filled from its partner company's Memphis location.
     The company announced Wednesday that it will

12. PFSweb AnnouncesPlans for Merger - PFSweb Inc. announced that it has entered into a non-binding letter of intent to merge with online discount retailer eCOST.com. PFSweb, which warehouses and distributes orders outsourced by its clients, relocated two distribution facilities to Southa

13. PFSweb WinsgreenMango Contract - Dallas-based PFSweb has won a three-year contract with greenMango, a direct-to-consumer catalog that offers home furnishings from manufacturers and exporters from The Philippines. Under the agreement, PFSweb will provide custom order management, dist

14. Archived Article: Lead - ANDY MEEK

DeSoto Incentives Lure More Business

Growth comes at Memphis expense, some owners say


The Daily News

When Gary Moores annual membership renewal came due from the Memphis Regional Chamber, he decided he wasnt going ...

15. Archived Article: Daily Digest - Ethan Allen Buys

Ethan Allen Buys

Land Near Wolfchase

Ethan Allen Inc. has purchased vacant land in phase three of The Galleria of Memphis from TomBo Properties Inc. for $1.2 million, according to The Daily News Public Records Database, www...

16. Archived Article: Daily Digest - Serenity Finances

Serenity Finances

Properties for $1.9 Million

Serenity Recovery Centers Inc. has financed properties at 1080-1094 Poplar Ave. and 217-233 N. Waldran Blvd. for $1.9 million, according to The Daily News Public Records Databa...

17. Archived Article: Daily Digest - Hacks Cross Property

Hacks Cross Property

Financed for $1.3 Million

Steele-Guiltner Inc. has financed property near Hacks Cross and Lowrance roads for $1.3 million, according to The Daily News Public Records Database, www.memphisdailynews.c...

18. Archived Article: Daily Digest - Peppermill Properties

Peppermill Properties

Finances 3.21 Acres

Peppermill Properties has financed 3.21 acres near Winchester and Ross roads for $1.2 million, according to The Daily News Public Records Database, www.memphisdailynews.com. Wi...

19. Archived Article: Daisytek P.2 - Daisytek finalizes deal for Memphis hub Daisytek finalizes deal for Memphis hub Daisytek International, the $1.2 billion wholesale distributor of computer and office supplies and provider of marketing and demand-generation services, has completed th...

20. Archived Article: Benchmark - IRS clears Daisytek IRS clears Daisytek facility purchase Computer and office supply distributor Daisytek International Corp. said the U.S. Internal Revenue Service has cleared its acquisition of a Memphis distribution center owned by spin-off PFSwe...

21. Archived Article: Daisytek P.2 - Daisytek, PFSweb ink Memphis hub deal Daisytek, PFSweb ink Memphis hub deal Daisytek International Corp. signed a non-binding letter of intent with PFSweb Inc. to acquire the Memphis distribution center used to provide distribution and fulfillment s...