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Editorial Results (free)

1. Trustmark Bank Pursuing Share Buyback Program -

The parent company of Trustmark Bank earned $27 million in net income in the first quarter.

On the heels of its earnings announcement, Trustmark’s board also declared a quarterly cash dividend of $0.23 per share, payable June 15.

2. Federal Regulators Close Memphis-Based Bank -

Trust Co. Bank of Memphis has failed, with state and federal regulators announcing Friday, April 29, they had closed all four branches of the West Tennessee financial institution and arranged a purchase agreement to protect depositors.

3. Health Alliance Prepares for Annual Meeting May 12 -

The Common Table Health Alliance’s annual meeting will take place on Thursday, May 12, honoring three health impact leaders from the community and addressing the topic “Childhood Obesity: Have We Finally Turned the Corner?”

4. LMCB Social Does the Marketing Many Small-Business Owners Can’t -

Any business has a lot of variables, unique variables that those not in the industry could never fully grasp.

But time is finite for all. So when Lisa Creswell Busby started her own one-woman shop, LMCB Social, she did so with a certainty of understanding:

5. Tennessee Legislature's 2016 Session: Unbelievable -

THE STATE OF UN. In this nadir of presidential elections with everyone awash in slimy sound bites, with Congress and a Supreme Court nominee stuck in the mud, it takes truly jaw-dropping state legislative idiocy to draw the attention of the national media, make the monologues of late-night hosts and inspire “Saturday Night Live” skits.

6. Common Table Health Alliance Prepping for Annual Meeting -

The Common Table Health Alliance’s annual meeting will take place on Thursday, May 12, honoring three health impact leaders from the community and addressing the topic “Childhood Obesity: Have We Finally Turned the Corner?”

7. Leaders Say No at Times -

Wise decision-making is a core function of leadership. Your job as a leader is to keep the main thing, the main thing. How do you achieve that goal knowing that there are times when everything seems like a good idea, everything seems important, achievable, a good decision.

8. Memphis Jewish Home's Bobby Meadows Wins National Honor -

Bobby G. Meadows III, executive director of Memphis Jewish Home & Rehab, has been awarded the 2016 Young Executive Award by the Association of Jewish Aging Services. The award honors an executive younger than 45 who demonstrates significant potential in health care management by virtue of his or her cumulative achievements or innovative results in management or administration.
As executive director of MJHR, Meadows is responsible for day-to-day operations of the only glatt (strict) kosher, rehab long-term care facility in Tennessee and surrounding states. Operations include the oversight of more than 300 staff members, 160 patients, and a kosher deli.

9. Legislature Votes to Strip Funding From UT Diversity Office -

NASHVILLE, Tenn. (AP) — State lawmakers voted to send a message that they don't agree with the sexually open and progressive views of the Office for Diversity and Inclusion on the University of Tennessee campus. So the Legislature on Thursday passed a bill stripping it of state funds — a total of nearly $337,000. The money will be used to fund minority scholarships instead.

10. Memphis Health Care Orgs Honored As Industry’s Best -

A few Memphis-based health care institutions have landed on the 2016 Best Workplaces in Health Care list, according to the global research and consulting firm Great Place to Work and Fortune Magazine.

11. Phone Numbers at Trustee’s Office Changing April 28 -

Starting April 28, the telephone numbers of the Shelby County Trustee’s offices at 157 Poplar Ave. will change to the 222 prefix used by most of Shelby County government.

12. Melzie Wilson Appointed To Commerce Advisory Committee -

Melzie Wilson, vice president of compliance at Mallory Alexander International Logistics, has been appointed to the U.S. Department of Commerce’s Advisory Committee on Supply Chain Competitiveness by secretary of commerce Penny Pritzker. In her role at Mallory Alexander, Wilson is responsible for all government regulations the company must comply with, both in the U.S. and globally.
She’s also responsible, along with a compliance team, for ensuring Mallory Alexander’s clients stay compliant.

13. Radical Team Dynamics for The Highly Productive -

Investing in people means the conventional and expected things. You can send high performers to leadership development, provide access and time for seminars and online learning. You can reward with money, praise and attention. Yet, three aspects of people investment tend to get overlooked, leaving the most driven and brightest unmotivated and rudderless, looking for the door.

14. Memphis Health Care Orgs Honored Among Industry’s Best -

A few Memphis-based health care institutions have landed on the 2016 Best Workplaces in Health Care list, according to the global research and consulting firm Great Place to Work and Fortune Magazine.

15. Omni Charter School Buys Permanent Home -

3385 Austin Peay Highway
Memphis, TN 38128

Sale Amount: $1.3 million

Sale Date: Feb. 26, 2016

16. Mortgage Market Up 3 Percent In March -

Shelby County’s mortgage market closed out the first quarter by posting March numbers that headed in the direction bankers and real estate professionals like to see.

Last month’s total purchase mortgage volume was a little more than $131 million, up by $3.4 million over March 2015’s total of almost $128 million, for a gain of about 3 percent. That’s according to real estate information company Chandler Reports, www.chandlerreports.com.

17. Aim for the Stars: How to Reach C-Level Decision Makers -

Getting a meeting with C-level decision makers is no easy task, but it can be done. As with any true success, it all starts with doing your homework.

First, target the right organizations. Make a list of 10 to 20 companies that would make an ideal customer. Once you do, you will want to spend some time researching those businesses. Use any online resource you can, from the website to social media to business journals.

18. Canadian Pacific Ends Bid to Buy Norfolk Southern -

OMAHA, Neb. (AP) – Canadian Pacific said Monday that it is ending its nearly $30 billion takeover bid for Norfolk Southern, less than six months after it offered to buy the rival railroad.

19. Time for Strunk to Become Titans' Most Valuable Player -

Quick question about the Titans: Who has the most to prove?

Is it Mike Mularkey, a two-time loser as a head coach?

Is it Jon Robinson, a first-time general manager?

20. Three Entities Pay $2.6M For Bartlett Apartments -

A Bartlett apartment community has sold for $2.6 million. In a March 30 warranty deed, Summereast, an affiliate of the Robert and Martha Fogelman Living Trust, sold the property at 776 Bartlett Road. Three entities – TN Summereast LLC, Garden View LLC and WI Memphis LLC – jointly purchased the property.

21. Memphis Baseball Trusting Young Pitchers -

University of Memphis baseball coach Daron Schoenrock looks at his freshmen pitchers and sees talent and promise, even if at times this season “the moments have been a little big for them.”

22. FTC Sues VW Over False 'Clean Diesel' Advertising Claims -

WASHINGTON (AP) – A federal consumer watchdog sued Volkswagen on Tuesday, charging the company made false claims in commercials promoting its "Clean Diesel" vehicles as environmentally friendly.

23. GOP Lawmaker Questions Haslam's Secret $30M Development Deal -

NASHVILLE, Tenn. (AP) – A state senator on Tuesday questioned fellow Republican Gov. Bill Haslam's proposal to earmark $30 million for an undisclosed economic development project in Tennessee.

24. New State Process Targets Unemployment Fraud -

The Tennessee Department of Labor & Workforce Development believes a recently implemented measure to prevent unemployment-benefits fraud could save the state millions of dollars in the first few months.

25. Dodging a Disaster With Volkswagen? -

Next month will mark five years since the first Passat rolled off the assembly line at Chattanooga’s Volkswagen plant. Most anniversaries are a cause for celebration.

But as Chattanoogans blow out the candles on this particular milestone they’ll be hoping that Volkswagen’s diesel emissions troubles will soon be extinguished, too, and that the new SUV model they’ll start producing this year will help VW emerge from the crisis a better and stronger company than before.

26. Tennessee Takes Steps to Prevent Unemployment Fraud -

The Tennessee Department of Labor & Workforce Development believes a recently implemented measure to prevent unemployment-benefits fraud could save the state millions of dollars in the first few months.

27. Bill Seeking to Strip UT Diversity Office Funding Withdrawn -

NASHVILLE, Tenn. (AP) – A bill seeking to strip funding from University of Tennessee's diversity office has been withdrawn in the Senate.

Republican Sen. Todd Gardenhire of Chattanooga withdrew the bill from consideration on Wednesday. Supporters had been upset at the state's flagship university for promoting an annual Sex Week and for recommending the use of gender-neutral pronouns on campus and advising against religious-themed parties and decorations.

28. How the BBB Fights Scams & Fosters Trust -

It all starts with trust. But whom do you trust? That’s what Samuel Dobbs, an executive with The Coca-Cola Co. in the early 1900s wanted to know as he sat in a courtroom listening to an attorney defend a claim of false advertising.

29. Bill: Swap UT Diversity Money For 'In God We Trust' Stickers -

NASHVILLE, Tenn. (AP) – A bill advancing in the state House would redirect money from the University of Tennessee's diversity office to pay for "In God We Trust" decals for law enforcement vehicles.

30. Be a Rock Star – Be a Resource -

Being a business professional is much like being a rock star. If you make great music, your audience is going to like you. However, if you give them much more than just the music – such as an engaging performance – chances are, they are going to love you. How does this apply in the business world?

31. Storytelling, The Brain & Work Culture -

I love the quote by the poet Muriel Rukeyser that says, “The universe is made of stories, not atoms.” Humans live for stories. We learn from stories at home, school, from friends and also very compellingly at work. 

32. Memphis Habitat Receives Statewide Grant Funds -

Memphis Habitat has received a $13,500 grant from the Tennessee Housing Development Agency through Habitat for Humanity of Tennessee to support the construction of a new home in Uptown.

The funds were part of a $500,000 grant Habitat for Humanity of Tennessee received from the THDA Housing Trust Fund to distribute among the 50 Habitat affiliates across Tennessee to aid in the construction of 20 homes statewide.

33. Memphis Habitat Receives Statewide Grant Funds -

Memphis Habitat has received a $13,500 grant from the Tennessee Housing Development Agency through Habitat for Humanity of Tennessee to support the construction of a new home in Uptown.

The funds were part of a $500,000 grant Habitat for Humanity of Tennessee received from the THDA Housing Trust Fund to distribute among the 50 Habitat affiliates across Tennessee to aid in the construction of 20 homes statewide.

34. Bill Would Require Students to Use Bathroom of Birth Sex -

NASHVILLE, Tenn. (AP) – A bill that would require transgender students to use bathrooms that match their sex at birth is gaining momentum in the Tennessee legislature after passing in a House subcommittee.

35. Cordova Apartments Sell for $31.1 Million -

555 Wood Arbor Parkway
Memphis, TN 38018
Sale Amount: $31.1 million

Sale Date: March 2, 2016
Buyer: CEAI Grove LLC
Seller: Trinity 464 LLC
Loan Amount: $4.2 million
Borrower: CEAI Grove LLC
Lender: CBRE Multifamily Capital Inc.
Details: The Grove at Trinity Point apartments have sold for $31.1 million.

36. Cordova Apartments Sell for $31.1 Million -

The Grove at Trinity Point apartments have sold for for $31.1 million.

In a March 2 warranty deed, Trinity 464 LLC sold the Cordova property to CEAI Grove LLC. In conjunction with the sale, CEIA Grove signed a certificate of joint venture with Fundrise Real Estate Investment Trust.

37. Elections Chief Finalists Have Political Histories -

The two finalists for the job of Shelby County Elections Administrator each told the Election Commission last week that if they get the job they will have some rebuilding work to do in how local elections are conducted.

38. Brewery Developer Inks $19M Construction Loan -

Tennessee Brewery momentum continues with a $19 million construction mortgage. In a construction deed of trust signed March 4, developer Billy Orgel signed two loans with Pinnacle Bank, with Brewery Master Tenant listed as borrower.

39. Ulta to Join Nordstrom Rack in Poplar Commons Retail Center -

Ulta Beauty will be a neighbor of Nordstrom Rack in the upcoming Poplar Commons shopping center, set to open in the fall of 2017.

This will be the third Ulta store in the Memphis market and the first in the East Memphis submarket.

40. Tennessee Brewery Developer Signs $19M Construction Loan -

Tennessee Brewery momentum continues with a $19 million construction mortgage. In a construction deed of trust signed March 4, developer Billy Orgel signed two loans with Pinnacle Bank, with Brewery Master Tenant listed as borrower.

41. Malaprop Revisitation -

“I’m uphauled!” read the note. “Anyone with a social conscious would be ashamed. People are always ready to blame things on an escape goat, but for all intensive purposes, it’s a doggy-dog world out there. The underline meaning is clear, but don’t take a fence; this is just my too cents worth. Anyway it’s a mute point.”

42. Airport-Area Industrial Sells for $1.2 Million -

1525 Three Place, 3365-3378 One Place
Memphis, TN 38116

Sale Amount: $1.2 million

Buyer: Gregory Realty

Seller: One Place Associates

43. Quince Road Walgreens Sells for $3.6 Million -

A Walgreens at 5121 Quince Road, at the corner of White Station Road, has sold for $3.6 million.

Florida-based Lease Fund I LLC sold the property to a conglomerate made up of four trusts and a limited partnership, according to a Feb. 17 warranty deed recently filed with the Shelby County Register’s Office.

44. How PR Can Help Your Small Business Grow -

Public relations is a great way for a small business to raise awareness. But when business owners put together marketing plans, they usually think advertising, not public relations.

Why? We see advertising everywhere we look. It’s top of mind. Not a lot of thought goes into the fact that PR drives many of the articles you read or stories you see on the evening news.

45. Nordstrom Will Lure More Class A Retailers to Memphis -

Nordstrom Rack is just the tip of the Class A iceberg. At least three more best-in-class retailers are headed for the newly-built East Memphis shopping center, and the fate of the Wolfchase Galleria Sears is to be decided.

46. Last Word: Hedgepeth Speaks, Josh Pastner's Future and Big Box Liquor -

Where else is there to begin but the Greensward controversy.
And we start with an email from Memphis City Council member Reid Hedgepeth in what is rapidly becoming a Last Word tradition and institution – the email in full.

47. Hedgepeth Defends Greensward Action, Conservancy Moves to Mediation -

Memphis City Council member Reid Hedgepeth says the body's Tuesday, March 1, vote to give the Memphis Zoo control of part of the Overton Park Greensward was an attempt to “rectify a mistake.”

48. Best-in-Class Retailers to Join Nordstrom Rack in East Memphis -

Nordstrom Rack is just the tip of the Class A iceberg. At least three more best-in-class retailers are headed for the newly built East Memphis shopping center, and the fate of the Wolfchase Galleria Sears is to be decided.

49. Still Tough to Play, Grizzlies Blending Old And New Ways to Keep Winning -

Coach George Karl’s Denver teams used to battle against this incarnation of the Memphis Grizzlies. Now, his Sacramento Kings come into FedExForum and engage in elbow-to-elbow and push-and-pull hardwood combat with the edited version of this era’s Grizzlies.

50. SunTrust Donates $100K to United Housing Efforts -

SunTrust Mortgage has donated $100,000 to United Housing Inc. to provide homeownership education and foreclosure prevention training to consumers in Memphis and Shelby County. 

SunTrust is one of eight organizations through SunTrust Mortgage’s NeighborWorks initiative to receive a grant and the only organization from Tennessee. 

51. Engineer Jonnye McElyea Joins Allen & Hoshall -

Jonnye McElyea has joined Allen & Hoshall as a structural engineer. McElyea, who designs structures such as buildings, bridges and retaining walls, is among the 19 percent of engineers who are women. Her previous experience includes time at Parsons Corporation and AFRAM Corp.

52. Birth of a Product Company, Part 3 -

Editor’s note: Part three of a four-part series. At this point in the dialogue, I felt the need to break down the conversation into helpful actions in two main categories: test marketing and business planning.

53. EdR Reports 34 Pct. Drop In Fourth-Quarter Earnings -

EdR wrapped up the fourth quarter of 2015 with an increase in funds from operations but a sharp drop in net income.

The Memphis-based real estate investment trust on Monday, Feb. 22, reported Q4 net income of $14.8 million, or 27 cents per share. That’s a 34 percent decrease from Q4 2015, when net income was $22.4 million, or 47 cents per share.

54. Diversified Trust Promotes Principals Clark and Davis -

Diversified Trust, a Southeast-based comprehensive wealth management firm with over $5 billion in client assets, has promoted two professionals.

Jo Len Clark has been named a principal, and Jay Davis has been named vice president.

55. Poplar Opens Up -

The prized retail stretch of Poplar Avenue between Perkins Road and Interstate 240 is shaking up in a way the area hasn’t seen in several decades. Within the next two years, more than 230,000 square feet will be made available in what has historically been a tight trade area.

56. Tennessee AD Dave Hart: Sexual Assault Unacceptable Act -

KNOXVILLE, Tenn. (AP) — Tennessee athletic director Dave Hart stood by his embattled football coach during a news conference Thursday at the university, two weeks after a federal lawsuit was filed Feb. 9 in Nashville alleging that Tennessee mishandles assault complaints against athletes.

57. Diversified Trust Promotes Two Principals -

Diversified Trust, a Southeast-based comprehensive wealth management firm with over $5 billion in client assets, has promoted two professionals.

Jo Len Clark has been named a principal, and Jay Davis has been named vice president.                     

58. Post-Gasol: Grizz Doing What They Have To Do, How They Have To Do It -

Marc Gasol has said it. Zach Randolph has said it. Tony Allen has said it ad nauseam.

“We hang our hats on the defensive end.”

59. Rare Wins for Democrats on Guns, Outsourcing -

Legislative Democrats got a chance to beat their chests a little bit after a proposal to allow guns in the state Capitol and Legislative Plaza failed, and they hope to do the same with outsourcing.

60. EdR Reports 34 Percent Drop in Q4 Earnings -

EdR wrapped up the fourth quarter of 2015 with an increase in revenue but a sharp drop in net income.

The Memphis-based real estate investment trust on Monday, Feb. 22, reported Q4 net income of $14.8 million, or 27 cents per share. That’s a 34 percent decrease from Q4 2014, when net income was $22.4 million, or 47 cents per share.

61. Baker and Swilley Partners at Wyatt Tarrant & Combs -

Attorneys Marjorie S. Baker and David L. Swilley have been named partners at Wyatt, Tarrant & Combs LLP law firm.

62. Baker and Swilley Partners at Wyatt Tarrant & Combs -

Attorneys Marjorie S. Baker and David L. Swilley have been named partners at Wyatt, Tarrant & Combs LLP law firm.

63. Meeting the Demands of a Rapidly Aging Population -

When Gov. Bill Haslam gave his annual State of the State address on February 1, he proposed a $34.8 billion plan providing new spending on colleges and universities, road projects and a large deposit into Tennessee’s emergency budget reserves.

64. Gasol Just Did What We Really Wanted – Played -

We want our pro athletes tough and, if possible, indestructible. Makes us feel like they’re actually entitled to their millions. It works out well for everyone. Player wins. Team wins. Fans win.

65. Gasol Just Did What We Really Wanted -- Played -

We want our pro athletes tough and, if possible, indestructible.

Makes us feel like they’re actually entitled to their millions.

It works out well for everyone. Player wins. Team wins. Fans win.

66. University of Memphis Notebook: Burrell Rebounds From Suspension, Hearn Sets Record -

No one much enjoyed the Tigers’ 20-point loss to Connecticut last Thursday, Feb. 4, at FedExForum. Senior Trahson Burrell perhaps suffered even more.

Suspended for what University of Memphis coach Josh Pastner has described as an “internal matter,” Burrell sat out the entire game after being left in the locker room for the second half of the game at SMU.

67. Last Word: Leaving Warren and Tulane, New Police Brass and Losing Housing -

Post Super Bowl edition of Last Word: Broncos 24 – Panthers 10 – Lady Gaga’s National Anthem kudos – Coldplay/Bruno Mars/Beyonce ambitious halftime extravaganza got lost in spots by bad sound.

68. Many See Cause for Optimism Despite Slower US Job Growth -

WASHINGTON (AP) — Consider looking past January's so-so job growth.

At first glance, Friday's government report on U.S. hiring was a downer — 151,000 added jobs, well below the pace of the previous few months.

69. Trust Fund Mentioned as Possible $1.1B Solution on School Benefits Liability -

A trust fund is one possibility that has surfaced early in the formal discussions of the Shelby County School system’s $1.1 billion benefits liability.

The first meeting of the ad hoc committee on the matter last week drew nine of the 13 Shelby County Commissioners, the administration of Shelby County Mayor Mark Luttrell and two of nine Shelby County Schools board members.

70. Accounting Firm Celebrates Centennial With Service -

The accounting firm of Reynolds, Bone & Griesbeck is celebrating its 100th anniversary this year by giving back.

Managing partner John Griesbeck said the firm had the community in mind when planning its centennial celebration. As a result, firm employees will volunteer and give back to several local organizations for 100 days straight starting this spring.

71. Memphis Symphony Receives $50K Grant -

The Memphis Symphony Orchestra has been awarded a grant from The Andrew W. Mellon Foundation for planning a musician diversity fellowship program.

The foundation, which invests in the arts and cultural heritage, has been a strong supporter of MSO innovation and community engagement work in the past.

72. Accounting Firm Celebrates Centennial With Service -

The accounting firm of Reynolds, Bone & Griesbeck is celebrating its 100th anniversary this year by giving back.

Managing partner John Griesbeck said the firm had the community in mind when planning its centennial celebration. As a result, firm employees will volunteer and give back to several local organizations for 100 days straight starting this spring.

73. Memphis Symphony Receives $50K Grant -

The Memphis Symphony Orchestra has been awarded a grant from The Andrew W. Mellon Foundation for planning a musician diversity fellowship program.

The foundation, which invests in the arts and cultural heritage, has been a strong supporter of MSO innovation and community engagement work in the past.

74. Last Word: New Minority Business Numbers, The House Affair and The Heights -

The recently revived discussion on minority business in Memphis is about to go back on the front burner again. Fueling the intensity are new U.S. Census numbers. They show the percentage of business receipts in Memphis produced by black-owned businesses has dropped since the 2007 census numbers showed a 1.08 percent share of those receipts by black-owned businesses. That in a city whose population is 63 percent African-American.
The drop to below one percent is even though the overall receipts in 2012 were higher than they were in 2007.
Madeline Faber is the first to report the new numbers as part of a cover story in our weekly, The Memphis News, that will be on the streets and in the racks Saturday, on-line Friday afternoon.
The numbers are such a telling story and such an important indicator that we broke it out as its own story in advance of the cover story.

75. Bank of Fayette County Looks To Grow Trust Services in 2016 -

There’s a reason The Bank of Fayette County’s still-growing trust division doesn’t carry the name of, well, the bank or its home county.

76. Fed Voices Concern About Global Economic Pressures -

WASHINGTON (AP) — The Federal Reserve sounded a note of concern Wednesday about how global pressures could affect the U.S. economy, while keeping a key interest rate unchanged.

Six weeks after it raised rates from record lows, the Fed took stock of a more perilous international picture that could alter its plans for further raising rates. The statement it issued after its latest policy meeting signaled that the Fed could slow future rate hikes if financial market losses and global weakness don't abate.

77. Last Word: The Big Fizzle, John Jay Hooker's Exit And "A Great Sports Town" -

Everybody talks about the weather but nobody does anything about it – isn’t that how the saying goes?
In our case, it might be better to say everybody talks about the television weather coverage but nobody does anything about it.
As we all know now, Memphis dodged the “blizzard” warning artfully and passive-aggressively teased by several television stations who shall go un-named here because they know who they are and you do too.
That’s because they spent much of the day of "the blizzard that wasn’t" whining about the reaction from viewers who complained about the hype and then the promos the stations ran the day of the big fizzle.
We didn’t get much in the way of snow in Memphis, but we got a couple of feet of hype.

78. Captain D’s Sells For $2 Million -

A Captain D’s location in Southeast Memphis has sold for $2 million, according to a Jan. 13 warranty deed.

The Gulla Fadia trust sold the property to California-based Treja Holdings. According to the Shelby County Assessor of Property, the building at 4209 Hacks Cross Roadwas built in 2004 and measures 2,443 square feet. It was most recently appraised at $667,300.

79. Captain D’s Sells For $2 Million -

A Captain D’s location in Southeast Memphis has sold for $2 million, according to a Jan. 13 warranty deed.

The Gulla Fadia trust sold the property to California-based Treja Holdings. According to the Shelby County Assessor of Property, the building at 4209 Hacks Cross Road was built in 2004 and measures 2,443 square feet. It was most recently appraised at $667,300. According to the LoopNet listing, the Captain D’s has more than 10 years remaining on its lease.

80. Morris Marketing Group Built on Strong Relationships -

In some respects, Valerie Morris’ career prepared her to open a PR and marketing agency, even if it didn’t always seem so obvious.

81. Main Event Entertainment Transferred in Sale-Leaseback -

Operators of the newly opened Main Event Entertainment complex at 7219 Appling Farms Parkway participated in an $8 million sale and leaseback transaction, according to a Dec. 17 special warranty deed.

82. Gastro One Sells Five Shelby County Properties -

A health care real estate investment trust has acquired five of Gastro One’s Shelby County property holdings in transactions totaling $15 million, according to deeds filed with the Shelby County Register’s Office.

83. EdR Selling 5.5M Shares In Public Offering -

Memphis-based real estate investment trust EdR plans to sell 5.5 million shares of common stock in an underwritten public offering, the company announced Monday, Jan. 12.

EdR, which is one of the nation’s largest owners, developers and managers of collegiate housing, priced the stock at $35.50 per share to the public, with the offering expected to close on or about Jan. 15. The company also plans to grant the underwriters a 30-day option to purchase up to 825,000 additional shares of common stock.

84. SunTrust to Air First Super Bowl Ad Next Month -

SunTrust Banks Inc. will air its first Super Bowl ad next month during Super Bowl 50.

The bank’s ad – to air during the game on Feb. 7 – will spotlight how financial stress is affecting the nation’s health and happiness. Its goal is to encourage Americans to talk openly about money and take steps to reclaim their financial confidence.

85. First Building Permit Pulled For Crosstown Concourse Build-Out -

495 N. Watkins St.
Memphis, TN 38104

Permit Amount: $15.6 million

Application Date: January 2016

86. 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.

87. School Guide Helps Parents Navigate Choices -

After five years of historic change in Shelby County public education, the traditional labels of “public” and “private” schools don’t adequately describe the range of options available to parents.

88. Gastro One Sells Five Shelby County Properties -

A health care real estate investment trust has acquired five of Gastro One’s Shelby County property holdings in transactions totaling $15 million, according to deeds filed with the Shelby County Register’s Office.

89. Volkswagen CEO Understands 'Impatience' On Emissions Fix -

CHATTANOOGA, Tenn. (AP) – Volkswagen CEO Matthias Mueller told workers at the German automaker's lone U.S. plant in Tennessee that recovering from a diesel emissions cheating scandal "won't be a walk in the park," but that the company is committed to turning around its prospects in what he called a core market.

90. Main Event Entertainment Transferred in Sale-Leaseback -

Operators of the newly opened Main Event Entertainment complex at 7219 Appling Farms Parkway participated in an $8 million sale and leaseback transaction, according to a Dec. 17 special warranty deed.

91. EdR Selling 5.5M Shares In Public Offering -

Memphis-based real estate investment trust EdR plans to sell 5.5 million shares of common stock in an underwritten public offering, the company announced Monday, Jan. 12.

EdR, which is one of the nation’s largest owners, developers and managers of collegiate housing, priced the stock at $35.50 per share to the public, with the offering expected to close on or about Jan. 15. The company also plans to grant the underwriters a 30-day option to purchase up to 825,000 additional shares of common stock.

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

601 Wolf River Blvd.
Collierville, TN 38017

Sale Amount: $17 million

Sale Date: Dec. 29, 2015

93. SunTrust to Air First Super Bowl Ad Next Month -

SunTrust Banks Inc. will air its first Super Bowl ad next month during Super Bowl 50.

The bank’s ad – to air during the game on Feb. 7 – will spotlight how financial stress is affecting the nation’s health and happiness. Its goal is to encourage Americans to talk openly about money and take steps to reclaim their financial confidence.

94. Pinnacle Financial Partners Adds to Ranks in Memphis -

Pinnacle Financial Partners is growing again at its Memphis headquarters on Quail Hollow Road.

Matt Buyer and Ashley Preskenis are the latest additions, from SunTrust and First Tennessee Bank, respectively.

95. Collierville Assisted Living Facility Sells for $17M -

Culpepper Place of Collierville, an assisted living facility at 601 Wolf River Blvd., has a new owner and a new name following its $17 million sale.

96. Graffiti Green Light -

Brandon Marshall is a full-time artist, making a living painting commissioned murals for clients. He’s also well-versed in the graffiti world of Memphis, a small but determined group of artists who tag properties around the city.

97. Pinnacle Financial Partners Adds to Ranks in Memphis -

Pinnacle Financial Partners is growing again at its Memphis headquarters on Quail Hollow Road.

Matt Buyer and Ashley Preskenis are the latest additions, from SunTrust and First Tennessee Bank, respectively.

98. Collierville Assisted Living Facility Sells for $17M -

Culpepper Place of Collierville, an assisted living facility at 601 Wolf River Blvd., has a new owner and a new name following its $17 million sale.

99. Memphis Legislators Sound Off On State-Run School District -

Armed with a Vanderbilt University study showing Shelby County schools that were taken over by the state’s Achievement School District are showing little to no improvement, Memphis legislators are nearly ready to kill the experiment.

100. 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.