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Editorial Results (free)

1. New FESJC Director Hoping for Clear Skies, Big-Name Leaders -

Sometimes, the moments that determine your future are seemingly small. Only later can you put everything together and realize that’s when you really made your choice.

This is Darrell Smith’s first year as tournament director of the FedEx St. Jude Classic. Because he is only 33 years old, one could argue he got to this position quickly. But that’s not entirely true and does not take into account the fateful moment when he was 14 years old.

2. Bakers Whip Up New Downtown Business -

Mary Katherine Dunston and Courtney Lollar have built guitars, iPhones and motorcycles out of cake and icing.

This June, they’re getting out of their residential kitchens and setting up shop Downtown with a new bakery, Two Girls and a Whip.

3. Last Word: Barbecue Underground, Schools Budget Background and Bikes -

Tony Montana is angry. Never women and children, he’s telling the man controlling the car bomb.

He continues yelling at him even after he’s shot him. The close captioning confirms his ongoing anger.

4. Ikea Memphis to Install State’s Largest Solar Array -

Ikea’s Memphis location will have the largest rooftop solar array in Tennessee, the Swedish furniture retailer announced May 12.

The 250,675-square-foot solar array will produce approximately 2 million kilowatt-hours of electricity annually for the store. The 1.46-megawatt system, built with 4,424 solar panels, will harness enough energy to provide electricity for 205 homes yearly.

5. HealthLink’s Medical Device Logistics Business Poised to Grow -

A Netherlands-based medical device logistics company has moved into the Lamar Avenue corridor.

Building on proximity to FedEx Corp. and Memphis’ emerging biosciences hub, HealthLink Europe & International made Memphis its latest flagstaff operation.

6. Ikea Memphis to Install State's Largest Solar Array -

Ikea’s Memphis location will have the largest rooftop solar array in Tennessee, the Swedish furniture retailer announced May 12.

The 250,675-square-foot solar array will produce approximately 2 million kilowatt-hours of electricity annually for the store. The 1.46-megawatt system, built with 4,424 solar panels, will harness enough energy to provide electricity for 205 homes yearly.

7. Last Word: GMF Aftermath, Cop Counts and Budgets and Richardson Towers' Fall -

More on the move by Bank of New York to have a receiver appointed for the Warren and Tulane Apartments currently owned by Global Ministries Foundation.

GMF CEO Rev. Richard Hamlet responded Wednesday to the filing in Memphis federal court saying he agrees that a receiver for the property is a good idea. But he doesn’t agree – and in fact, strongly disagrees with the claims and reasoning behind the bank’s call for the receiver.

8. More Student Housing For University District -

3557 Mynders Ave. 
Memphis, TN 38111
Permit Amount: $15.5 million

Completion: Fall 2017
Owner: 908 Group
Tenant: The Nine
Architect: BDG Architects
Details: A student housing tower near the University of Memphis has taken a step forward nearly two years after a development on that site was first announced.

9. Impact of Low Housing Inventory Spreads to Home-Staging Business -

The low inventory of single-family homes means prices are higher and homes are selling quicker, but also that fewer people are dressing up their homes to make them more attractive to potential buyers in the market.

10. Last Word: The Airport and Hotels, Loans and Musicians and Underground in Town -

That didn’t take long. Fired one day, hired the next for Dave Joerger now formerly of the Grizz.

11. Olymbec Purchases TBC Warehouse -

Montreal, Canada-based Olymbec USA has purchased a Hickory Hill warehouse currently occupied by Tire & Battery Corp.

12. The Week Ahead: May 9-15 -

Alright, Memphis, grab your calendars! Whether you want to book it over to the Ruby Bridges Reading Festival or just baste in the scent of barbecue, there’s plenty to do this week. Here’s our roundup...

13. 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.

14. Last Word: Overt Acts, Fringe Element and Roller Derby -

Gang cases in Memphis Federal Court are fairly common. Federal gang cases in which murder or attempted murder to further a criminal enterprise is among the charges are not common.

The last case to surface was also the largest drug case ever brought in Memphis Federal Court. It was the 2008 case against Craig Petties and his multi-state drug operation with direct ties to the Sinaloa drug cartel.

15. Collierville Breaks Ground On $93.5M High School -

11605 E. Shelby Drive
Collierville, TN 38017

Project Cost: $93.5 million

Completion: August 2018

16. Dallas Firm Buys Warehouse for $7.5 Million -

A warehouse near McKellar Lake has sold for $7.5 million.

W.M. Barr & Co., Inc. sold the property at 2170 Buoy St. to STORE Master Funding X, an entity of Dallas-based investment firm Argenta Partners, in an April 11 warranty deed.

17. Hickory Hill Warehouses Sell for $27 Million -

Two industrial buildings in the Midway Distribution Center in Hickory Hill have sold for a combined price of $27 million.

The larger Building C warehouse went for $19.7 million. In an April 20 warranty deed, LBP Midway C LLC sold the property to Exeter 4550 S. Mendenhall LLC.

18. Ikea: 'Everything's on Track' for New Memphis Store -

A construction crew of nearly 500 is at work turning what is now a steel frame into Tennessee’s first Ikea store. This week, the crew began installing Ikea’s trademark cobalt-blue walls on the western edge of what will be a self-serve warehouse.

19. Artspace Lofts Gets $25,000 State Boost -

The Tennessee Arts Commission has donated $25,000 to support the South Main Artspace Lofts.

The $17 million project will convert a South Main warehouse into 58 affordable apartments for working artists. Rents will range from $450 to $770, and artists will have access to studios and shared gallery space.

20. Artspace Lofts Gets $25,000 State Boost -

The Tennessee Arts Commission has donated $25,000 to support the South Main Artspace Lofts.

The $17 million project will convert a South Main warehouse into 58 affordable apartments for working artists. Rents will range from $450 to $770, and artists will have access to studios and shared gallery space.

21. Hamilton & Holliman Bringing Mixed Upscale Housing to South Main -

What was once Downtown’s industrial and rail district is now one of the most densely populated residential neighborhoods in Memphis. Over 2,000 units are under development in the South End, and the current population is expected to double over the next two to three years, according to the Downtown Memphis Commission.

22. Memphis College of Art Making Moves to Consolidate Campuses -

Memphis College of Art has confirmed the consolidation of its Downtown campus with its Overton Park campus and will begin relevant construction over the summer.

That construction includes converting five MCA-owned apartment buildings around the Overton Park campus into studios for use in the graduate program.

23. Moving Dirt -

The Memphis development community is looking inward and upward to increase density in the urban core. New construction is happening across all four commercial real estate sectors, with long-anticipated projects like Trader Joe’s and the redevelopment of Central Station finally coming to fruition. Construction and operating costs continue to be a challenge as new projects hit the top of their class to command higher rents.

24. Nike Continues Renovations at Lamar Warehouse -

Renovations continue at Nike Inc.’s new home on Lamar Ave. Contractor American Material Handling Company Inc. recently filed a $1.7 building permit for “installation of an elevated platform structure.” Hillwood is listed as the owner of the 5155 Lamar Ave. warehouse.

25. Construction Continues At Cummins Warehouse -

Renovations continue at Cummins Inc.’s new distribution center. Jolly Roofing and Contracting Co. Inc. recently filed a $944,000 building permit application for the existing 400,000-square-foot warehouse at 5800 Challenge Drive.

26. Last Word: The Curtain Falls in Nashville, Political Cuneiform and Ramsey Talks -

And in less than a half hour Wednesday, the de-annexation drama that should qualify as the political equivalent of a Netflix binge-watchable television series made just for Memphis was done.

27. ALSAC Buys Warehouse For $6 Million -

483 Manassas St.
Memphis, TN 38105

Sale Amount: $6 million

Sale Date: March 17, 2016

Buyer: ALSAC

Seller: Michael Nussbaum and Joyce Nussbaum

28. Construction Continues on Cummins Warehouse -

Renovations continue at Cummins Inc.’s new distribution center. Jolly Roofing and Contracting Co. Inc. recently filed a $944,000 building permit application for the existing 400,000-square-foot warehouse at 5800 Challenge Drive.

29. New Mobile Stroke Unit Introduced in Memphis -

The University of Tennessee Health Science Center College of Medicine this week introduced a mobile stroke unit.

The device can conduct and produce advance quality imaging for stroke diagnosis and noninvasive CT-angiography with a Siemens SOMATOM Scope CT scanner. The college said it’s the first time CT capabilities of this magnitude have been available in a mobile setting, and that it creates the ability to diagnose and launch treatment, including tissue plasminogen activator treatment and the potent blood pressure drug nicardipine, within the critical first-hour timeframe.

30. Nike Starts Building Out New Warehouse on Lamar -

Nike Inc. has a new home on Lamar Avenue.

A $1.5 million building permit application recently filed with the Memphis-Shelby County Office of Construction Code Enforcement lists “install industrial storage racks” for a warehouse at 5155 Lamar Ave.

31. 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.

32. ALSAC Buys Warehouse For $6 Million -

ALSAC, the fundraising and awareness arm of St. Jude Children’s Research Hospital, has purchased a North Memphis warehouse for $6 million.

Michael Nussbaum and Joyce Nussbaum sold the property at 483 N. Manasses St. to ALSAC in a March 17 warranty deed.

33. Over $20M in Construction Headed to Brewery District -

495 Tennessee St.
Memphis, TN 38103

Permit Amount: $18.8 million

Owner: 495 Tennessee LLC

Tenant: Brewery Master Tenant

34. Bella Vita Opening ‘The Back Room’ -

Stephanie Singley’s Collierville-based home interior and design accessories shop Bella Vita is celebrating its 15th year in business with a good problem to have.

The enterprise is busting at the seams – maxed out on space with a growing e-commerce presence – and is preparing to expand. To do that, Bella Vita is relocating the warehouse, which has been the go-to location for merchandise that wouldn’t have had a home in the retail store, and carving out space within it for a new concept called The Back Room.

35. Last Word: D-Day, Opera Festival Returns and Buying GMF After the Bond Default -

This is what you might call D-Day in Nashville. The “D’ in this case stands for deannexation.
The bill to permit deannexation by referendum has in the course of two weeks become the city’s dominant political issue.

36. Nike Commences Build-Out of New Warehouse -

Nike Inc. has a new home on Lamar Avenue.

A $1.5 million building permit application recently filed with the Memphis-Shelby County Office of Construction Code Enforcement lists “install industrial storage racks” for a warehouse at 5155 Lamar Ave.

37. Last Word: Monday Vote, Beale's Search and Longview Heights -

Look for the state Senate to vote on the deannexation bill Monday in Nashville. At least that’s the date on the Senate calendar.

That could change as a member of the Shelby County legislative delegation has at last asked the Tennessee Attorney General for a legal opinion on the proposal. But it’s not a straight-up question about whether the proposal is constitutional. It’s a question about the specific characterization of past Memphis annexations as “egregious” – what has come to be the key legal term in this considerable political controversy.

38. Evergreen Packaging, Hollywood Feed Make Big HQ Moves -

At its March 16 meeting, the Memphis-Shelby County Economic Development Growth Engine Board approved tax incentives for two companies, creating 101 jobs and $8.1 million in local tax revenue.

A payment-in-lieu-of-taxes incentive went to Evergreen Packaging Inc., making Memphis the site of a global headquarters for a company with $5 billion in annual revenue.

39. Ikea Design Tells Unique Sales Story -

When Ikea opens its 271,000-square-foot store in Memphis later this year, it will bring a retail experience unlike any ever seen in the region.

The typical American retail setup is a big-box outlet with aisle after aisle of organized items displayed on neat shelves, usually with a row of check-out counters near the front.

40. Allen & Hoshall’s Legacy Spans Memphis -

To an outside observer, the building process might seem segmented with planning, architecture, engineering and consulting firms all providing necessary aspects to the finished project.

Allen & Hoshall tries to simplify the process with its comprehensive offering of all those services and more. Whether it’s mechanical or plumbing engineering for a building project or wastewater system engineering for a utility project, land surveying or construction management, Allen & Hoshall covers the gamut.

41. Old Dominick Built for Aging -

A block-wide warehouse at 301 S. Front St. is getting new life as the Old Dominick Distillery. When it opens to the public in December, the distillery will brew and bottle two kinds of vodkas and three kinds of whiskey. Plans for the historic 54,000-square-foot warehouse include two tasting rooms, a rooftop patio, restaurant and retail area in addition to best-in-class equipment.

42. Italian Bike Maker Opens Binghampton Service Shop -

The professional biking world is looking to put Memphis on the map. Victory Bicycle Studio has been tapped to serve as the first U.S. service center for 3T, a Milan, Italy-based manufacturer of high-end bike components.

43. Snapshots: Get an Early Taste of Old Dominick Distillery -

Construction is underway at the Old Dominick Distillery, located at 301 Front St. When it opens to the public later this year, the distillery will brew and bottle two kinds of vodkas and three kinds of whiskey. Planned for the 1920s warehouse are two tasting rooms, a rooftop patio, restaurant and retail area in addition to best-in-class distillery infrastructure.

44. Those Valentine's Day Flowers Might Just Be From Kenya -

NYAHURURU, Kenya (AP) — This Valentine's Day, there's a good chance your flowers came from Kenya.

"I know the flowers are for giving on Valentine's Day," said Phanice Cherop, a worker at a flower farm in Kenya. "They are very beautiful."

45. Roadrunner Transportation Expands in Memphis -

Wisconsin-based Roadrunner Transportation Systems Inc. is expanding its operations in Memphis.

46. New Numbers: Memphis Industrial Market Breaks Records -

The Memphis industrial sector had a banner year in 2015. According to year-end data from Cushman & Wakefield/Commercial Advisors, last year’s absorption level came in at 8.4 million square feet, 2 million square feet higher than 2006’s pre-recession levels and a record for the market.

47. Last Word: The First Surrogate, Parkside at Shelby Farms and Manilow Memories -

Here they come, fresh from Iowa and New Hampshire – first the surrogates and in the next two weeks the Presidential contenders themselves.

The nation’s “first surrogate” – former President Bill Clinton is at Whitehaven High School Thursday evening to rally early voters in the heart of a large reliably Democratic middle class community.
And it is that voter base that was integral to Barack Obama carrying Shelby County in the 2008 Democratic Presidential primary even as Hillary Clinton carried the state that year.
As mentioned here Tuesday, the local Bernie Sanders campaign opens its Memphis HQ over the weekend.
Hillary Clinton headquarters in Memphis and Nashville are on the way soon with the Nashville HQ opening Thursday as the former President is in Whitehaven and the candidate is preparing for another television debate Thursday in Milwaukee with Sanders.
And early voting opened Downtown Wednesday.
The first day's turnout Wednesday was 177 early and absentee voters. Combined with another 645 absentee votes cast before the early voting period, that makes 822 early or absentee votes.
Another Republican contender on the ballot in Tennessee is out of the race. New Jersey Gov. Chris Christie dropped out the day after his dismal finish in New Hampshire. He did not have a slate of delegates on the ballot here.

48. Roadrunner Transportation Expands in Memphis -

Wisconsin-based Roadrunner Transportation Systems Inc. is expanding its operations in Memphis.

49. Medical Center Apartments Sell for $9.7 Million -

810 Washington Ave.
Memphis, TN 38105

Sale Amount: $9.7 million

Sale Date: Jan. 29, 2016

50. 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.

51. 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.

52. 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.

53. 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.

54. 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

55. 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:

56. 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:

57. 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.

58. 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.

59. 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.

60. 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.

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

601 Wolf River Blvd.
Collierville, TN 38017

Sale Amount: $17 million

Sale Date: Dec. 29, 2015

62. 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.

63. 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.

64. 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.

65. 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.

66. 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.

67. 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.

68. 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.

69. 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

70. 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.

71. 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.

72. 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.

73. 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.

74. ‘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.

75. 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.

76. 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.

77. 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.

78. 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

79. 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.

80. 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.

81. 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

82. 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.

83. 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.

84. 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.

85. 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.

86. 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.

87. 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.

88. 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.

89. 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.

90. 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.

91. 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.

92. 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.

93. 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.

94. 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.

95. 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.

96. 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.

97. 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.

98. 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

99. 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.

100. 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.