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Editorial Results (free)

1. US Businesses Post More Open Jobs; Quits Rise to 9-Year High -

WASHINGTON (AP) – U.S. companies advertised more available jobs in December and more Americans quit, trends that could lift wages in the coming months.

The number of job openings jumped 4.9 percent to 5.6 million, the most since July, the Labor Department said Tuesday. And quits increased 6.9 percent to nearly 3.1 million, the highest in more than nine years.

2. 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.

3. Southeast Memphis Warehouse Sold -

A warehouse in Southeast Memphis has sold for $1.6 million.

Alabama-based Westmoreland Co. Inc. sold its warehouse at 4521 Malone Road to RLF I B SPE LLC in a Jan. 25 warranty deed. Maryland-based NorthAmerican Terminals Management LLC, a real estate company that owns and manages transportation-related properties for domestic trucking markets, is listed in the deed as the buyer’s related entity.

4. Southeast Memphis Warehouse Sold -

A warehouse in Southeast Memphis has sold for $1.6 million.

Alabama-based Westmoreland Co. Inc. sold its warehouse at 4521 Malone Road to RLF I B SPE LLC in a Jan. 25 warranty deed. Maryland-based NorthAmerican Terminals Management LLC, a real estate company that owns and manages transportation-related properties for domestic trucking markets, is listed in the deed as the buyer’s related entity.

5. Save-A-Lot to Anchor New Sam Cooper Shopping Center -

Southeast Corner of Sam Cooper
Boulevard and Tillman Street
Memphis, TN 38104

Tenant: Save-A-Lot

Size: 16,300 square feet

Tenant’s Agent: Frank Dyer, Loeb Realty Group

6. ProLogis Sells 90M Square Feet of Property -

ProLogis has unloaded nearly 90 million square feet of its industrial holdings in six separate deals.

ProLogis, working under a number of affiliated names, sold multiple properties – including two warehouses housing Cummins Inc.’s distributions operations – to Exeter Property Group, according to warranty deeds signed Dec. 29. They include:

7. ProLogis Sells 90 Million Square Feet of Property -

ProLogis has unloaded nearly 90 million square feet of its industrial holdings in six separate deals.

ProLogis, working under a number of affiliated names, sold multiple properties – including two warehouses housing Cummins Inc.’s distributions operations – to Exeter Property Group, according to warranty deeds signed Dec. 29. They include:

8. Xedo Launches Memphis Distribution Center -

After setting up its U.S. headquarters and a 240,000-square-foot distribution facility in Memphis, as well as lining up a local tax incentive package in late 2014, a tuxedo company with an online rental platform has started taking its first orders.

9. DHL Triples Space in New Memphis Service Center -

International shipping provider DHL is undergoing a Memphis growth spurt and has expanded a service center to meet growing need.

This week, operations got fully underway at the new 30,000-square-foot facility at 3560 Air Center Cove, near the Memphis International Airport. Previously, DHL was housed at an 11,000-square-foot space at 4140 Getwell Road.

10. 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.

11. Ikea Brings Sustainability Practices to Memphis -

Sustainability at large businesses sometimes might seem to only focus on buzzwords such as solar panels, carbon footprints and LEED certification.

Those practices are good steps in today’s sustainable world. Sometimes, though, the little things go a long way.

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

601 Wolf River Blvd.
Collierville, TN 38017

Sale Amount: $17 million

Sale Date: Dec. 29, 2015

13. Dunavant Expands In Houston, Texas -

Dunavant is continuing to grow in Texas.

The Memphis-based company has expanded its Houston distribution presence with an additional 212,000 square feet of chemical warehousing space in Pasadena. The facility brings Dunavant’s Houston operations up to 577,000 square feet, and 20,000 square feet of the recent expansion space already has been leased.

14. Community Coffee Co. Expands Memphis Presence -

Community Coffee Co. has opened a new 15,500-square-foot Memphis sales and distribution center that will serve St. Louis, Nashville and surrounding areas.

15. 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.

16. Dunavant Expands In Houston, Texas -

Dunavant is continuing to grow in Texas.

The Memphis-based company has expanded its Houston distribution presence with an additional 212,000 square feet of chemical warehousing space in Pasadena. The facility brings Dunavant’s Houston operations up to 577,000 square feet, and 20,000 square feet of the recent expansion space already has been leased.

17. Community Coffee Co. Expands Memphis Presence -

Community Coffee Co. has opened a new 15,500-square-foot Memphis sales and distribution center that will serve St. Louis, Nashville and surrounding areas.

18. 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.

19. OSI Creative Initiative Brings Single Moms to Workforce -

OSI Creative has chosen Memphis to pioneer its Mothers and Jobs initiative, a program designed to provide employment for local single mothers.

The Irvine, Calif.-based company is a provider of global supply chain managed solutions for point of purchase displays, and like its other facilities, the Memphis plant depends on staffing agencies to fill its fluctuating needs. OSI’s leaders saw an opportunity to provide jobs to single mothers, who often need work flexibility to deal with their children’s constantly changing schedules.

20. Crestview Collection Makes New HQ in Oakhaven -

4300 Concorde Road
Memphis, TN 38118

Sale Amount: $6.9 million

Sale Date: Dec. 15

Buyer: CLI Inc.

Seller: Lester McMahan Partnership

Loan Amount: $6 million

21. Chattanooga Nonprofit's Store Filled With Items From Africa -

CHATTANOOGA, Tenn. (AP) – The delicate Nativity scene made from banana leaves folded origami style, the sparkling jewelry, clothes and art in Chattanooga's Amani ya Juu store are created by women in Kenya, Uganda and Rwanda.

22. Williams-Sonoma Distribution Center Sold for $6.9 Million -

The Williams-Sonoma distribution center in Oakhaven has sold for $6.9 million.

Tennessee-based CLI Inc. purchased the property at 4300 Concorde Road from California-based Lester McMahan Partnership, according to a Dec. 15 warranty deed.

23. Nike’s Global Expansion Connected to Memphis -

Name the earnings conference call this company CEO quote is from: “The success you see today and the opportunities ahead are driven by the strength of our portfolio.”

You could be forgiven for guessing it came from a FedEx Corp. call since Fred Smith, founder and CEO of the Memphis-based corporation, frequently speaks of the FedEx “portfolio.” He also frequently lectures analysts about the perils of judging FedEx by the performance of one part of the portfolio or looking at the portfolio a piece at a time.

24. Plans Forming for Memphis’ First Food Hall -

A norm on the East and West coasts – and an even older tradition in Europe and other international cities – indoor food markets are making their way to the Southeast in cities like Nashville, Atlanta, Little Rock and St. Louis.

25. ‘Entertainment Destination’ Planned for Downtown’s South End -

A local developer has plans to transform a city block in Downtown Memphis’ South End into an “entertainment destination” modeled after a popular New Orleans establishment.

Brad Barnett wants to turn the former Loflin Safe & Lock Co. building at 7 W. Carolina Ave. into a bar/restaurant with private residence on top. He also plans to redevelop a carriage house at 721 Florida St. into a 5,000-square-foot rentable event space.

26. Coca-Cola Opens $5M Memphis Hub -

Wednesday, Dec. 2, marked the grand opening of Coca-Cola Refreshments’ $5 million regional warehouse and distribution center.

The 270,000-square-foot facility is at 3014 Alaska Street in the Southpoint Business Park.

27. Versant Inks Office Lease at Germantown Park -

Memphis-based Versant Supply Chain is going corporate with a newly signed anchor tenant lease in the Germantown Park office development near Germantown Parkway and Walnut Grove.

The seven-year commitment is a big move for Versant, which has been operating out of built-in office space at its 4105 Mendenhall Road warehouse.

28. Coca-Cola Opens $5M Memphis Hub -

Wednesday, Dec. 2, marks the grand opening of Coca-Cola Refreshments’ $5 million regional warehouse and distribution center.

The 270,000-square-foot facility is at 3014 Alaska Street in the Southpoint Business Park.

29. St. Jude Files $10 Million Construction Permit -

650 St. Jude Place
Memphis, TN 38105

Permit Amount: $10 million

Application Date: Nov. 24, 2015

Owner: St. Jude Children’s Research Hospital

Tenant: St. Jude Children’s Research Hospital

30. Post Brands Signs Major Lease In Marshall County -

Memphis is home to a distribution facility for Post Consumer Brands thanks to a 677,160-square-foot lease recently signed at the Gateway Global Logistics Center.

The second-largest industrial lease for the third quarter is housed at Panattoni Development Co.’s speculative Building II.

31. Post Brands Signs Major Lease in Marshall County -

Memphis is home to a distribution facility for Post Consumer Brands thanks to a 677,160-square-foot lease recently signed at the Gateway Global Logistics Center.

The second-largest industrial lease for the third quarter is housed at Panattoni Development Co.’s speculative Building II.

32. TVA Begins Work On Memphis Natural Gas Plant -

2480 HENNINGTON AVE
Memphis, TN 38109

Permit Amount: $5 million; $1.4 million

Application Date: Nov. 17

Owner: Tennessee Valley Authority

Tenant: Tennessee Valley Authority

33. Memphis Distributor Doubles HQ, Signs New Lease -

DYK Automotive, a national aftermarket automobile parts and accessories distributor, will nearly double its current 150,000-square-foot headquarters at 4500 Malone Road.

34. Belz Investco Sells Southridge Warehouse -

Belz Investco GP has sold its warehouse in the Southridge Industrial Park for $16.5 million. The 640,000-square-foot warehouse at 4296 Southridge Blvd. is Belz’s last holding in the industrial park.

35. Dunavant Adds Fort Worth Warehouse -

Dunavant is expanding its distribution footprint with a new warehouse in Fort Worth, Texas.

The 148,000-square-foot, temperature-controlled space is in addition to the existing Dunavant Dallas container drayage terminal.

36. BPI Packaging Buys 291K Warehouse in Olive Branch -

BPI Packaging LLC has expanded its footprint with the purchase of a 291,000-square-foot building in Olive Branch, Miss.

37. BPI Packaging Buys 291K Warehouse in Olive Branch -

BPI Packaging LLC has expanded its footprint with the purchase of a 291,000-square-foot building in Olive Branch, Miss.

38. Events -

Nutcracker Ballet Ensemble & School will perform “Nut ReMix,” a new take on Tchaikovsky’s “The Nutcracker,” Friday through Sunday, Nov. 20-22, at the Cannon Center, 255 N. Main St. Visit newballet.org for times and tickets.

39. DunAn to Open Manufacturing Facility in Memphis -

A Chinese company has selected Memphis to be its first manufacturing site in the U.S., bringing more than 100 jobs and $4.2 million in local taxes.

At a Wednesday, Nov. 18, meeting of the Memphis-Shelby County Economic Development Growth Engine, the board approved an eight-year abatement in property taxes for DunAn Precision Inc. The tax break amounts to a total savings of $2.1 million.

40. Magic Light Wand Brings Wonder to Tree Lighting -

It started as a joke, an opportunity to see the happy smiles of grandchildren around the Christmas tree.

Gay Hammond’s grandsons came over for a visit and wanted to light the Christmas tree. She decided to have some fun with them, sharing a little magic of the season. She reached for a key fob she used to turn on the Christmas tree lights and as she secretly pushed the button, she also decided to wave a “magic wand,” making the children believe the lights came on magically.

41. SRVS Program Helps People With Disabilities and Employers Who Hire Them -

Mike Harris is production manager at American Stairways Inc. on Lamar Avenue. He has a warehouse full of employees and, just saying it like it is, some are happier to be there than others.

42. Dunavant Adds Fort Worth Warehouse -

Dunavant is expanding its distribution footprint with a new warehouse in Fort Worth, Texas.

The 148,000-square-foot, temperature-controlled space is in addition to the existing Dunavant Dallas container drayage terminal.

43. Belz Investco Sells Southridge Warehouse -

Belz Investco GP has sold its warehouse in the Southridge Industrial Park for $16.5 million. The 640,000-square-foot warehouse at 4296 Southridge Blvd. is Belz’s last holding in the industrial park.

44. Memphis Distributor Doubles HQ, Signs New Lease -

DYK Automotive, a national aftermarket automobile parts and accessories distributor, will nearly double its current 150,000-square-foot headquarters at 4500 Malone Road.

45. Design Board Approves New Peabody Place Facade -

The Downtown Memphis Commission’s Design Review Board approved a multitude of Downtown projects Wednesday, Nov. 4, including new Peabody Place Tower signage and Central Station plans that include an outdoor Malco movie screen.

46. Mayor’s Innovation Team Plans for Next Chapter -

Just because Memphis will soon have a new mayor, that doesn’t mean the Mayor’s Innovation Delivery Team is going anywhere.

The team, a collection of civic talent focused on innovative solutions to local challenges, was launched a few years ago and has been emblematic of the priorities and ambitions of outgoing Mayor A C Wharton’s administration. That has meant complementing city government’s core service delivery through projects that incubate businesses, activate city neighborhoods, address youth gun violence and combat blight.

47. Conference Aims to Spark Positive Change, One ZIP Code at a Time -

The world can be a big place, even within one city or a single ZIP code. But the world also can be made smaller when the right kinds of lines are crossed.

Steve Nash founded nonprofit Advance Memphis in 1999, beginning an ambitious project without end. His goal: bring economic sustainability to the people living in and around the Cleaborn/Foote Homes public housing developments in South Memphis’ 38126 ZIP code, the poorest urban ZIP in Tennessee.

48. Senses Nightclub Owner Renews Push to Reopen -

The owner of the former Senses nightclub again is seeking to reopen the establishment.

C & R Events Enterprise LLC, owned by Francisco Dasilva, has applied for a special-use permit to revive the club at 2866 Poplar Ave.

49. Summit Distribution Center Sells for $21.6 Million -

5155 U.S. 78
Memphis, TN 38118

Sale Amount: $21.6 million

Sale Date: Oct. 21, 2015

Buyer: Summit I Distribution Center LLC

50. Artspace Lands Grant, Seeks Design Approval -

Developers of the South Main Artspace Lofts are clearing major hurdles this week with final approval for the building design, a crucial tax incentive decision and a grant from a new-to-Memphis donor.

51. Summit Distribution Center Sells for $21.6 Million -

Hillwood Investment Properties, acting as Summit I Distribution Center LLC, bought a 706,802-square-foot warehouse off of Lamar Avenue for $21.6 million.

52. Office, Industrial Real Estate Enjoy Strong Third Quarter -

Memphis’ industrial and office sectors are seeing healthy activity, and some areas are experiencing record fundamentals.

At the Crescent Center building in East Memphis, prices per square foot have reached $30.50, a level that hasn’t been seen before in the Memphis market.

53. State Systems Inc. Buys New HQ -

One of the Economic Development Growth Engine’s latest payment-in-lieu-of-taxes recipients is expanding its market footprint and real estate holdings with the recent purchase of seven Memphis properties.

54. Summit Distribution Center Sells for $21.6 Million -

Hillwood Investment Properties, acting as Summit I Distribution Center LLC, bought a 706,802-square-foot warehouse off of Lamar Avenue for $21.6 million.

55. Trinity Ridge Business Center Sells for $16M -

7730, 7740, 7750, 7760, 7866 Trinity Road
Cordova, TN 38018
Sale Amount: $16 million

56. From Costumes to Candy, Halloween Means Green for Select Retailers -

Halloween is big business for the retail industry, whether it’s costumes, candy or party supplies.

The National Retail Federation reports more than 157 million Americans plan to celebrate Halloween this year. Its Halloween Consumer Spending Survey conducted by Prosper Insights & Analytics reports the average person will spend $74.34, with total Halloween spending expected to reach $6.9 billion.

57. Boyle Sells Winchester Distribution Center -

Delaware-based Olymbec USA LLC is the new owner of the Winchester Distribution Center at 444 Winchester Road.

58. Toshiba Warehouse Sold For $7.7 Million -

Toshiba America Inc.’s Hickory Hill home has changed hands for $7.7 million.

Delaware-based Net Magan Property Owner One LP sold the 207,472-square-foot industrial property at 5400 Distriplex Farms Drive to national real estate investment group Sealy & Company.

59. Toshiba Warehouse Sold For $7.7 Million -

Toshiba America Inc.’s Hickory Hill home has changed hands for $7.7 million.

Delaware-based Net Magan Property Owner One LP sold the 207,472-square-foot industrial property at 5400 Distriplex Farms Drive to national real estate investment group Sealy & Company.

60. Huge Memphis Industrial Lease Caps Busy Q3 -

The largest lease of the year has gone to a Fortune 500 Company.

TJX Cos., the parent company of T.J. Maxx, Homegoods and Marshalls, signed on with 800,000 square feet at Memphis Oaks III in Southeast Memphis.

61. Toshiba Warehouse Sold For $7.7 Million -

Toshiba America Inc.’s Hickory Hill home has changed hands for $7.7 million.

Delaware-based Net Magan Property Owner One LP sold the 207,472-square-foot industrial property at 5400 Distriplex Farms Drive to national real estate investment group Sealy & Company.

62. Boyle Sells Winchester Distribution Center -

Delaware-based Olymbec USA LLC is the new owner of the Winchester Distribution Center at 444 Winchester Road.

63. Developer Long on Downtown Memphis, Short on Specifics -

Three Downtown properties are now owned by an Atlanta-based affiliate of an Australian real estate investment and development company, which is giving little in the way of clues about its Memphis plans.

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

776 Ridge Lake Boulevard
Memphis, TN 38120

Sale Amount: $16.3 million

Sale Date: Oct. 15

65. Wal-Mart, Others Speed Up Deliveries to Shoppers -

BETHLEHEM, Pa. (AP) — Christmas won't come early this year, but the gifts might.

Just in time for the winter holiday shopping season, Amazon, Wal-Mart, Macy's and other retailers are working behind the scenes to make sure they can deliver online orders to shoppers faster.

66. Shiftgig Opens Memphis Office -

A company that runs a mobile marketplace for gig-type jobs has opened a Memphis office.

Shiftgig uses a smartphone app to connect people with “on-demand” jobs, including bartending, serving and retail warehouse work that come up suddenly and have to be filled quickly. That includes jobs at sporting events and festivals. The company also filled positions at the recent Janet Jackson concert at FedExForum.

67. Holmes Road Warehouse Gets $5M Expansion -

Panattoni Development Co. has filed a $5 million building permit for interior alterations to the Memphis Oaks III warehouse.

68. Downtown Memphis Artspace Project Wins $200K Grant -

The South Main Artspace Lofts got a big boost from the Downtown Memphis Commission in an “extraordinary” grant that went beyond the parameters of its established financial incentive programs.

69. Shiftgig Opens Memphis Office -

A company that runs a mobile marketplace for gig-type jobs has opened a Memphis office.

Shiftgig uses a smartphone app to connect people with “on-demand” jobs, including bartending, serving and retail warehouse work that come up suddenly and have to be filled quickly. That includes jobs at sporting events and festivals. The company also filled positions at the recent Janet Jackson concert at FedExForum.

70. Raines Road Warehouse Sells for $1.6 Million -

A warehouse at 5015 E. Raines Road has sold for $1.6 million, according to an Oct. 8 warranty deed.

71. Belz Sells Champion Hills Office Building for $7.8M -

3725 Champion Hills Drive
Memphis, TN 38125
Sale Amount: $7.8 million

Sale Date: Oct. 8, 2015
Buyer: Champion Hills Realty Holdings LLC
Seller: Belz Investco GP
Loan Amount: $5.5 million
Loan Date: Oct. 5, 2015
Lender: C-III Commercial Mortgage LLC
Details: Belz Enterprises made another big real estate deal on the tail of its recent announcement to redevelop the corner of McLean Boulevard and Union Avenue into a mixed-use development.

72. Wal-Mart Names Executive with International Wing as Next CFO -

NEW YORK (AP) — Wal-Mart named Brett Biggs, an executive in its international division, as its next chief financial officer Friday.

73. US Cold Storage Latest Growth For Tipton County -

Phil Coles remembers one job interview in particular as he was hiring for the new United States Cold Storage plant in Covington, Tenn.

The job applicant, who was from Covington, had questions for Coles, the plant’s general manager. Was the plant paid for? Or was U.S. Cold renting? The bottom line was job stability in a town and county that has had a rough recession.

74. Two Warehouses Acquired in Major National Deal -

Denver-based Northstar Commercial Partners, a privately held commercial real estate investment company, purchased two warehouse storage facilities in south Memphis for $5.2 million, according to a special warranty deed signed Sept. 29.

75. Two Warehouses Acquired In Major National Deal -

Denver-based Northstar Commercial Partners, a privately held commercial real estate investment company, purchased two warehouse storage facilities in south Memphis for $5.2 million, according to a special warranty deed signed Sept. 29.

76. Events -

Central Defense Staffing will host a recruitment event Thursday, Oct. 8, from 9 a.m. to 2 p.m. at Crowne Plaza Memphis East, 2625 Thousand Oaks Blvd. CDS is seeking to fill hundreds of open positions for large industrial accounts in Memphis and the area. For details on available positions, call 901-473-6385.

77. Events -

Remington College will hold the 3 Lives blood drive Wednesday, Oct. 7, from 8 a.m. to 12:30 p.m. and 5:30 p.m. to 8:30 p.m. at its Memphis campus, 2710 Nonconnah Blvd. The drive is part of a national effort to recruit minority blood donors and help supply local hospitals. Visit 3lives.com.

78. Covington US Cold Storage Plant Opens -

United States Cold Storage is formally opening a frost-free, but below freezing, $48 million expansion of the Unilever ice cream plant in Covington, Tenn.

The 336,500-square-foot facility, first announced in August 2014, opens Wednesday, Oct. 7, in the Rialto Industrial Park. A new freezer conveyor will move finished ice cream products from the Unilever plant to the storage facility, where the temperature is 20 degrees below zero.

79. Memphis College Prep Renovating Former Dunn Avenue Elementary -

1500 Dunn Ave.
Memphis, TN 38106

Permit Amount: $1.4 million

Application Date: Sept. 30

80. ConAgra Cuts 1,500 Jobs; Moving HQ From Omaha to Chicago -

OMAHA, Neb. (AP) — ConAgra will cut about 1,500 jobs, or approximately 30 percent of its global, office-based workforce, and move its headquarters to Chicago from Omaha, Nebraska, the company said Thursday.

81. 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.

82. ROCO Real Estate Buys Third Memphis Apartment Community -

2778 Pickering Drive
Memphis, TN 38115

Sale Amount: $5.5 million

Sale Date: Sept. 18, 2015

83. South Main Artspace Lofts Get Pushed to Finish Line -

South Main Artspace Lofts is getting closer to its fundraising goal, thanks to a $500,000 challenge grant.

The Artspace Lofts, to be located at 138 St. Paul Ave. in the old United Warehouse building, hopes to be the city’s first affordable live/work space for artists. The 58-unit development has been in the making for five years, and the Minneapolis-based developer is close to the finish line of the $15 million goal.

84. South Main Artspace Lofts Get Push Toward Finish Line -

South Main Artspace Lofts is getting closer to its fundraising goal, thanks to a $500,000 challenge grant.

The Artspace Lofts, to be located at 138 St. Paul Ave. in the old United Warehouse building, hopes to be the city’s first affordable live/work space for artists. The 58-unit development has been in the making for five years, and the Minneapolis-based developer is close to the finish line of the $15 million goal.

85. Tax Incentive Changes Causing Headaches for Memphis Mayoral Candidates -

The four major candidates for Memphis mayor all have some version of the same basic answer to questions about tax incentives for economic development.

The answer: Tax incentives, and particularly payment-in-lieu-of-taxes incentives, are not the best way to grow the city’s economy and perhaps should be examined and changed. All four agree that they can’t be done away with entirely, even though the candidates’ opinions on potential changes differ.

86. Pink Diva Opens on Florida Street, New DeJaVu in Binghampton -

It all started over tacos. Three years ago, Cassi Conyers was edging into a vegan lifestyle and stopped to try the vegan tacos at DeJaVu Restaurant’s 936 Florida St. location.

87. Buster’s Prepares to Open Major East Memphis Expansion -

Buster’s Liquors & Wines’ longtime East Memphis presence is about to get even bigger.

The third-generation family business, which began in 1954, has been in the University Center near the corner of Poplar Avenue and Highland Street since moving into its original 800-square-foot space in 1970.

88. Gescheit Joins Dunavant Logistics -

Rangi Gescheit has joined the Dunavant Logistics Group as logistics services & operations administrator, export. Gescheit, who served in the Israeli Defense Forces as a deputy in criminal special investigation, began his career at Port Elizabeth, N.J. Most recently he was a trade lane manager with DHL Global Forwarding.

89. Millstone Medical Bulks Up Olive Branch Warehouse -

An outsourcing company for the medical device industry is nearly doubling its Memphis-area presence with a warehouse expansion.

Millstone Medical Outsourcing is adding 120,000 square feet to its Olive Branch, Miss., facility, bringing its total footprint there to more than 270,000 square feet. The warehouse is located at 8836 Polk Lane in the Crossroads Distribution Center.

90. Metabolic CrossFit Owner Combines Physician Services With Exercise -

Dr. Jeremy Draper’s patient waiting room is a gym. Draper is the co-owner of Metabolic CrossFit, the only CrossFit affiliate in the city to offer training and a physician practice under the same roof.

91. Single-Family Home Rentals Strong in Memphis -

When New York-based Cerberus Capital Management closed Aug. 31 on its $440 million acquisition of 4,200 rental homes in five states – including 1,032 in Shelby County – it demonstrated a trend in local real estate.

92. Levy Restaurants Holding Job Fair at FedExForum -

Levy Restaurants, the official concessions provider of the Memphis Grizzlies and FedExForum, is set to host a two-day job fair at FedExForum on Friday, Sept. 4, from 4 p.m. to 8 p.m. and on Saturday, Sept. 5, from 10 a.m. to 2 p.m.

93. What’s Next for Memphis College of Art's Downtown Space? -

If the Memphis College of Art proceeds with consolidating its graduate school operations on its Overton Park campus, the South Main Historic Arts District would be left with a 48,000-square-foot opportunity in ready-to-lease space.

94. Millstone Medical Bulks Up Olive Branch Warehouse -

An outsourcing company for the medical device industry is nearly doubling its Memphis-area presence with a warehouse expansion.

Millstone Medical Outsourcing is adding 120,000 square feet to its Olive Branch, Miss., facility, bringing its total footprint there to more than 270,000 square feet. The warehouse is located at 8836 Polk Lane in the Crossroads Distribution Center.

95. Hotel Developer Moves On Scimitar Building Conversion -

179 Madison Ave.
Memphis, TN 38103

Permit Cost: $5.2 million

Permit Date: Applied August 2015

96. Students With Disabilities Complete Workforce Skills Program -

SMYRNA, Tenn. (AP) — More than 80 Tennesseans with disabilities have celebrated the completion of workforce development and pre-vocational skills programs meant to help them reach their employment goals.

97. New York Life Sells Warehouses for $13M -

New York Life Insurance Co. has sold two distribution centers in Southpark Distribution Center for a combined $13 million.

98. Pancakes & Booze Art Show Coming to Memphis -

More than 40 emerging artists will showcase their hottest work next month at the Pancakes & Booze Art Show at the Hi-Tone, 412 N. Cleveland St., in what will be a Warhol-style, anything-goes, massive warehouse environment.

99. Mallory Marks 90 Years With China Expansion -

Mallory Alexander International Logistics is preparing to expand and operate directly in China later this year with a highly coveted freight license from the Chinese government and the opening of the Mallory Asia Pacific division in Shanghai.

100. New York Life Sells Warehouses for $13M -

New York Life Insurance Co. has sold two distribution centers in Southpark Distribution Center for a combined $13 million.