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Editorial Results (free)

1. Tribune Rejects Second Gannett Bid; Sets the Stage for Talks -

NEW YORK (AP) – Tribune Publishing rejected a second takeover bid from USA Today owner Gannett, but did say Monday that it was open to further talks.

Gannett last week raised its per-share bid for the owner of the Los Angeles Times, Chicago Tribune and other newspapers to $15, from $12.25. Gannett, based in McLean, Virginia, put the total value of the revised offer at about $864 million, which includes some $385 million in debt.

2. PFM Group Promotes Lowe To Managing Director -

Lauren Lowe has been promoted to managing director of The PFM Group, a leading provider of independent financial and investment advisory services to state and local governments and not-for-profit institutions. Based in PFM’s Memphis office, Lowe serves the firm’s municipal advisory clients. Her areas of expertise include debt transactions and structuring, strategic planning, pricing and cash flow analysis as well as advising many of her local government clients on policy development.

3. Bank Seeks Receiver for Warren, Tulane Apartments -

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

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

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

5. Poll: Age, Income Factors in Staying With Single Employer -

CHICAGO (AP) – A new poll says more than 40 percent of America's baby boomers stayed with their employer for more than 20 years. But it's unlikely that their children or grandchildren will experience the same job tenure.

6. Trustee’s Conference Meets in Memphis -

County trustees from across Tennessee will meet in Memphis for their annual conference on Tuesday through Thursday, May 10-12, at the Sheraton Memphis Downtown.

The trustees meet to exchanges ideas and practices, talk with state leaders, and take continuing education courses.

7. Memphis MSA Industrial Sector Has A Strong First Quarter After Record 2015 -

The Memphis MSA industrial sector had a strong first quarter after a record-breaking year in 2015.

Last year saw a record absorption rate of 8.4 million square feet, which is 2 million square feet higher than 2006’s pre-recession levels.

8. Last Word: BSMF Looks Up, Overton Park Respite and Slow Economic Growth -

The Beale Street Music Festival box office numbers won’t be in for a bit yet. But it looks like the three-day event that ended Sunday evening with Beck and Paul Simon weathered the weather very well, maybe better than usual.

9. 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.

10. 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:

11. 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.

12. 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.

13. 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.

14. 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?

15. 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.

16. 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.

17. 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

18. 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.

19. 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.

20. 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.

21. 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

22. 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.

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

601 Wolf River Blvd.
Collierville, TN 38017

Sale Amount: $17 million

Sale Date: Dec. 29, 2015

24. 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.

25. 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.

26. Legislature Not Playing Santa With Insure Tennessee -

It’s going to take a Christmas miracle for Insure Tennessee to make it into anyone’s stocking this year.

As the 2016 session of the General Assembly approaches in early January, Republicans are showing no support for the plan Gov. Bill Haslam offered for a special session in early 2015.

27. 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.

28. Holiday Inn Express Ready To Rise Near Graceland -

3411 Elvis Presley Blvd.
Memphis, TN 38116

Loan Amount: $4.8 million

29. Collierville Hotel Sells for $2.6M -

A Collierville Days Inn & Suites has sold for $2.6 million.

Kapil Lodging LLC, which lists an address in Oxford, Miss., purchased the hotel at 1230 W. Poplar Ave. from HIM Inc., according to a Dec. 4 warranty deed. HIM had purchased the property in 2000 for $2.3 million.

30. Collierville Hotel Sells for $2.6M -

A Collierville Days Inn & Suites has sold for $2.6 million.

Kapil Lodging LLC, which lists an address in Oxford, Miss., purchased the hotel at 1230 W. Poplar Ave. from HIM Inc., according to a Dec. 4 warranty deed. HIM had purchased the property in 2000 for $2.3 million.

31. Accelerate Growth By Integrating Research -

Stephanie Cunningham, Associate Director, Global Insights Business Lead – Specialty Division, The Clorox Co.; Jody McInerney, Senior Vice President, Burke Inc.

32. Ball to Lead New Division at Evolve Bank -

Thomas Ball has joined Memphis-based Evolve Bank & Trust as president of the newly formed Equipment Finance Division. In this role, Ball will create and grow a product line focused on equipment loans and leases to businesses across the U.S.

33. Business-Nonprofit Partnerships Crucial to Transforming Communities -

Whether in Memphis, Nashville or metro Denver, there are success stories. Businesses and nonprofits coming together not just to create jobs, but to forge life-changing opportunities that turn out to be positive for everyone involved.

34. 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.

35. Consolidation of Tennessee’s Newspapers Bad for Taxpayers -

The federal government isn’t likely to descend on Tennessee with trust-busting vengeance once three of the state’s four largest newspapers are owned by the same company.

Newspapers are too far down a virtual slippery slope of monopolism to retrieve from the hands of Gannett, which recently announced it plans to pay $280 million for Journal Media Group, the owner of The Commercial Appeal in Memphis and Knoxville News Sentinel.

36. McLean-Union Walgreens Sold for $5.2 Million -

A Midtown Walgreens changed hands for $5.2 million, according to an Oct. 9 warranty deed. Tennessee-based RMRTN LLC sold the pharmacy at 1863 Union Ave., on the southeast corner of McLean Boulevard, to Delaware-based Pharmacy Portfolio VIII DST.

37. Boyle Buys Vining Sparks HQ For $16.3M -

776 Ridge Lake Boulevard
Memphis, TN 38120

Sale Amount: $16.3 million

Sale Date: Oct. 15

38. McLean-Union Walgreens Sold for $5.2 Million -

A Midtown Walgreens changed hands for $5.2 million, according to an Oct. 9 warranty deed. Tennessee-based RMRTN LLC sold the pharmacy at 1863 Union Ave., on the southeast corner of McLean Boulevard, to Delaware-based Pharmacy Portfolio VIII DST.

39. Boyle Buys Ridgeway Center Office Building -

Boyle Investment Co. has purchased the Vining Sparks headquarters building in East Memphis.

The Memphis-based real estate development company bought the 120,000-square-foot structure at 775 Ridge Lake Boulevard for $16.3 million.

40. New Mayor in Town -

Jim Strickland has some big decisions to make.

At the top of the list: make sure the toilets are flushing, the lights are coming on at night and the stoplights are flashing red, yellow and green.

41. Boyle Buys Ridgeway Center Office Building -

Boyle Investment Co. has purchased the Vining Sparks headquarters building in East Memphis.

The Memphis-based real estate development company bought the 120,000-square-foot structure at 775 Ridge Lake Boulevard for $16.3 million.

42. Boyle Buys Ridgeway Center Office Building -

Boyle Investment Co. has purchased the Vining Sparks headquarters building in East Memphis.

The Memphis-based real estate development company bought the 120,000-square-foot structure at 775 Ridge Lake Boulevard for $16.3 million.

43. Mortgage Market Slips 3 Percent in September -

Though it’s been on a tear this year as rates have stayed low and supply remained somewhat thin, the Memphis-area mortgage market cooled a bit as the third quarter drew to a close.

But that’s generally to be expected, real estate professionals say, as the weather also cools and the end of the year draws near.

44. Mercedes-Benz Hires Heath Elliott as Sales Manager -

Heath Elliott has joined Mercedes-Benz of Collierville as general sales manager. In his new role, Elliott will manage the sales of all new and pre-owned cars sold at the dealership, which opened in 2014.

45. Shelby County Mortgage Market Up 27 Percent in August -

Lenders don’t just look forward to the summer months for the arrival of warmer weather.

At institutions like Evolve Bank & Trust, the local office of which president and CEO Scott Stafford said currently has the largest mortgage pipeline in its history, mortgage lending is heating up, too.

46. Use EQ vs. IQ to Recruit Sales Talent -

Hiring sales talent is tricky, as it can be difficult to distinguish between those who are merely strong at interviewing and those who will actually be strong on the job. Why?

Sales people are particularly good at reading people and delivering the desired response. The trick is to peel back the onion during an interview to ensure you are getting an unfiltered view of each candidate, which can be done by combining two techniques.

47. Hotel Developer Moves On Scimitar Building Conversion -

179 Madison Ave.
Memphis, TN 38103

Permit Cost: $5.2 million

Permit Date: Applied August 2015

48. Memphis Investment Professionals Preach Caution Amid Market Swings -

The 1,000-point drop at one point Monday, Aug. 24, in the Dow Jones Industrial Average – it ended the day down 588 points to close at an 18-month low – was a result of volatile trading that marked a stomach-churning start to the week for investors.

49. Memphis Search Marketing Firm Nabs Spot on Inc. 500 -

Search marketing firm HigherVisibility LLC was the highest-ranked Memphis company on the annual Inc. 5000 list, which ranks the nation’s fastest growing companies.

50. Memphis Firm HigherVisibility Nabs Spot on Inc. 5000 -

Search marketing firm HigherVisibility LLC was the highest-ranked Memphis company on the annual Inc. 5000 list, which ranks the nation’s fastest growing companies.

51. College Football Notebook: Nick Saban Needs a Quarterback -

Another season at Alabama and another battle for quarterback.

Last year’s runner-up, Florida State transfer Jacob Coker, returns for a second shot at the job after losing out to Blake Sims in 2014. Redshirt freshman David Cornwell showed enough last spring to become a contender, and the race may be wide enough open to go beyond these two if neither can assert himself as the leader of the offense.

52. Earnings Season Roundup -

International Paper Reports Q2 Earnings Growth: International Paper reports its second-quarter net earnings grew while net sales for the quarter decreased slightly.

The Memphis-based company, which released its quarterly financial results Wednesday, July 29, said second-quarter earnings totaled $227 million, or 54 cents per share. That’s up from $161 million, or 37 cents per share, in second quarter 2014, but down from $313 million, or 74 cents per share, in first quarter 2015.

53. Trustmark Corp. Reports Second-Quarter Profit -

Trustmark Corp., the parent company of Trustmark Bank, has reported a second-quarter profit of $30.6 million, which represents diluted earnings per share of 45 cents.

54. Speakers Set For Inaugural TEDxMemphis Event -

A few weeks from now, Memphians will have a chance to hear from Kimbal Musk, the brother of billionaire Tesla founder Elon Musk, about his plans for the restaurant and garden concepts he’s bringing to Memphis.

55. Gasol Back in Fold, Grizzlies Still In Thick of Tough Western Conference -

There were a few mildly uneasy days between the arrival of Grizzlies controlling owner Robert Pera in Spain and the news that, yes, All-Star center Marc Gasol would indeed re-sign with the team. And not just for a short-term deal, but a five-year max contract (about $113 million) with a player option after the fourth year.

56. Ikea Seeks $16 Million Permit For First Memphis Store -

Future Ikea Store
On 42 Acres In Cordova
Permit Cost: $16 million

Application Date: July 2015
Owner/Tenant: Ikea
Details: Ikea is moving forward with its massive retail store in Cordova.

57. Dog Daycare Bringing New Life to East Memphis Retail Center -

A new doggy daycare and camp is coming to East Memphis.

Becky and Tim Simcoe have leased 8,875 square feet at the Balmoral Shopping Center at Quince Road and Ridgeway Road in East Memphis to open a Camp Bow Wow franchise.

58. 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

59. 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.

60. Memphis Library Foundation Crowdfunds for Cloud901 -

This week, the Memphis Library Foundation launched its first crowdfunding campaign to raise $10,000 for needed equipment in its new teen learning lab Cloud901, opening this fall.

Thanks to donors Jack and Sandra Jones, that $10,000 will be doubled, with their commitment to match up to $10,000.

61. 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.

62. Graceland Nursing Center in Whitehaven Sells for $1.1M -

1250 Farrow Road LLC filed a $1.1 million special warranty deed for the Graceland Nursing Center located at 1250 Farrow Road in Whitehaven on May 21.

63. 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

64. Graceland Nursing Center in Whitehaven Sells for $1.1 Million -

1250 Farrow Road LLC filed a $1.1 million special warranty deed for the Graceland Nursing Center located at 1250 Farrow Road in Whitehaven on May 21.

65. University of Memphis Foundation Applies for $1 Million Building Permit -

1115 E. Getwell Loop
Memphis, TN 38111
Permit Amount: $1 million

Applicant: The University of Memphis Foundation
Project Cost: $40 million
Permit Application Date: April, 2015
Architect: Fleming Architects
Contractor: Grinder, Taber & Grinder Inc.
Details: The University of Memphis Foundation has applied for a $1 million building permit for a new facility at the university’s Park Avenue campus.

66. Medical Center Apartments Sell for $6.4 Million -

A Memphis investor has acquired a Memphis Medical Center apartment building for $6.4 million.

Thunderbird Towers LLC bought the 201-unit, Class C apartment building at 141 N. Manassas St., known as the Adams Place Apartments, from 750 Adams Place LLC, according to an April 13 warranty deed.

67. Investor Buys Medical Center Apartments for $6.4 Million -

A Memphis investor has acquired a Memphis Medical Center apartment building for $6.4 million.

Thunderbird Towers LLC bought the 201-unit, Class C apartment building at 141 N. Manassas St., known as the Adams Place Apartments, from 750 Adams Place LLC, according to an April 13 warranty deed.

68. 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.

69. IHeartMedia Sells Four Memphis Radio Towers -

IHeartMedia + Entertainment Inc. has sold four of its Memphis radio towers for $6.3 million as part of a national deal topping $300 million.

70. Germantown Mayor Hosts Inaugural CEO Roundtable -

Germantown Mayor Mike Palazzolo recently hosted a meeting of area CEOs as part of the city’s new CEO Roundtable.

Palazzolo said he recognizes “the need for the top level executives within the city of Germantown to meet peer-to-peer and discuss matters of mutual concern regarding the challenges and opportunities that face our organizations and the greater community.”

71. Bill Would Make Bible Official State Book of Tennessee -

NASHVILLE, Tenn. (AP) – Despite concerns that giving the holy Bible the same status as a salamander is a little tawdry and could be unconstitutional, Tennessee lawmakers are forging ahead with plans to make it the official state book – something at least two other states have failed to do.

72. Workforce Group Elects Downtown for Office -

The Greater Memphis Alliance for a Competitive Workforce has found a headquarters location Downtown, leasing 2,967 square feet at the One Commerce Square office tower.

The alliance aims to produce a united regional workforce development system by generating extensive workforce data, creating a pipeline of ready-to-work employees, crafting career roadmaps for workers and students and helping meet the near-term employment needs of local employers.

73. Shelby County Mortgage Market Grows 23 Percent in March -

The last month of the first quarter showcased a Shelby County mortgage market with abundant vitality, including evidence that plenty of demand exists among buyers eager to sign on the dotted line.

Mortgage volume countywide grew 23 percent in March compared to the same month a year ago, according to real estate information company Chandler Reports, www.chandlerreports.com. Year over year, volume last month rose to a little more than $126 million, up from $103.1 million in March 2014, and lenders say continued low rates are one reason why.

74. Germantown Mayor Hosts Inaugural CEO Roundtable -

Germantown Mayor Mike Palazzolo recently hosted a meeting of area CEOs as part of the city’s newly formed CEO Roundtable.

Palazzolo said he recognizes “the need for the top level executives within the city of Germantown to meet peer-to-peer and discuss matters of mutual concern regarding the challenges and opportunities that face our organizations and the greater community.”

75. 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.

76. Orion Acquires Medical Center Property for New Branch -

821 Poplar Ave.
Memphis, TN 38105
Sale Amount: $1.3 million

Sale Date: March 20, 2015
Buyer: Orion Federal Credit Union
Seller: Georgia Commercial Stores Inc.
Details: Orion Federal Credit Union has acquired a key piece of Memphis Medical Center real estate for a new branch.

77. Memphis-Area Homes Part of $553 Million Loan -

A total of 66 residential single-family rental properties in the Memphis area, including the cities of Memphis, Lakeland and Arlington, are part of a massive loan arranged by Goldman Sachs for a leading residential real estate investment trust.

78. Memphis-Area Homes Part of $553 Million Loan -

A total of 66 residential single-family rental properties in the Memphis area, including the cities of Memphis, Lakeland and Arlington, are part of a massive loan arranged by Goldman Sachs for a leading residential real estate investment trust.

79. Simon Property Raises Bid for Macerich to $16.8 Billion -

NEW YORK (AP) – Mall operator Simon Property boosted its hostile bid for rival Macerich by 5 percent to $16.8 billion and said it will be its best and final offer.

The proposed deal would combine two of the largest U.S. shopping mall operators.

80. Argent Financial Adds to Executive Ranks in Memphis -

Argent Financial Group and its Argent Trust Co. subsidiary have added David Franks to executive ranks as senior vice president and relationship manager.

81. Argent Financial Adds To Executive Ranks in Memphis -

Argent Financial Group and its Argent Trust Co. subsidiary have added David Franks to executive ranks as senior vice president and relationship manager.

82. Chicago-Based LivCor Snaps Up Memphis Apartment Community -

9230 Thornbury Boulevard
Memphis, TN 38125
Sale Amount: $51.3 million

Sale Date: Feb. 27, 2015
Buyer: BRE Piper MF Forest Creek TN LLC, an affiliate of Chicago-based LivCor LLC,
Seller: Forest Creek Apartment Associate LLC and Forest Creek Land Associates LLC, affiliates of Carter Hastin Real Estate Services Inc.
Loan Amount: $44.2 million
Loan Date: Feb. 27, 2015
Lender: Wells Fargo Bank
Details: The Preserve at Forest Creek Apartments in Southeast Memphis has been sold for $51.3 million.

83. Founding Fathers Brews Now Available in Tennessee -

Tennesseeans looking for a patriotic brew have a new option as Founding Fathers Brewing Co. lagers are now available throughout the state.

84. Founding Fathers Brews Now Available in Tennessee -

Tennesseeans looking for a patriotic brew have a new option as Founding Fathers Brewing Co. lagers are now available throughout the state.

85. 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.

86. 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.

87. Four Internal Benefits of Practicing Innovation -

Ultimately, innovation must be defined by the new value it creates for an organization.

Sure, there are many innovations that create nominal value by shaving costs at various points of the value chain. These incremental product or service adaptations are a positive by-product of having an innovation discipline. Sights need to be set higher to really change a category for the better and create a sustainable leadership position in the market.

88. The Value of Honesty -

I’m not going to lie; recently, I’ve been on the receiving end of dishonesty in a business setting. The person could have easily told the truth or apologized, and it would have been no big deal. But, they didn’t. In order to save face, they stepped right up and said something that was clearly and definitely not the truth.

89. Memphis Industrial Portfolio Sells for $86.3 Million -

A Minnesota-based real estate investment trust has acquired a large Memphis industrial portfolio for $86.3 million, one of the largest transactions ever recorded in the Memphis market.

Welsh Property Trust acquired the six-building, 2.3 million-square-foot portfolio from DCT Industrial Trust in a sale that was finalized last week. Built between 1998 and 2001, the six buildings are located in the Eastpark, Chickasaw and Southpoint Industrial Parks. The purchase price breaks down to about $37 per square foot.

90. Memphis Industrial Portfolio Sells for $82.6 Million -

A Minnesota-based real estate investment trust has acquired a large Memphis industrial portfolio for $82.6 million, one of the largest transactions ever recorded in the Memphis market.

Welsh Property Trust acquired the six-building, 2.3 million-square-foot portfolio from DCT Industrial Trust in a sale that was finalized last week. Built between 1998 and 2001, the six buildings are located in the Eastpark, Chickasaw and Southpoint Industrial Parks. The purchase price breaks down to about $37 per square foot.

91. 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.

92. 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.

93. Are You a Hack Waiting to Happen? Your Boss Wants to Know -

NEW YORK (AP) – The next phishing email you get could be from your boss.

With high-profile security breaches on the rise, from Sony Pictures to Anthem, companies are on the defensive. And they want to make sure their employees are not a hack waiting to happen.

94. UAM's Keri Wright to Keynote Women & Business Seminar -

At age 18, she had her flight instructor’s certification. By 23, she was a corporate vice president and by 25 a chief operating officer.

Now 32, Keri Wright is chairman and CEO of Universal Asset Management, which buys, sells, leases, manages, disassembles and recycles a variety of commercial aviation assets from all over the world.

95. Shelby County Mortgage Market Dips Slightly in January -

Even though total mortgage volume in Shelby County dipped slightly in January, Magna Bank – among the top lenders for the month – actually grew its volume in during the month.

96. Fogelman Company Launching Retail Center in East Memphis -

6544 Poplar Ave.
Memphis, TN 38118

Permit Amount: $3.2 million

Permit Application Date: February, 2015

97. Word of Mouth Still Crucial for Adding Sales -

Building the customer base of a small business is not the same challenge it was 10 years ago. As digital content grows and it becomes more affordable to access, business owners are competing with more voices to be heard by potential customers.

98. Shelby Farms Conservancy Seeks $7.2 Million in Permits -

6093 N Patriot Lake Blvd.
415 E. Patriot Lake Blvd.
Memphis, TN 38118
Permit Amount: $7.2 million

99. NFL Players Find Second Careers as Entrepreneurs -

As Eddie George neared the end of his nine seasons in the NFL, the running back began pondering his next play.

100. NFL Players Find Second Careers as Entrepreneurs -

As Eddie George neared the end of his nine seasons in the NFL, the running back began pondering his next play.