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Editorial Results (free)

1. Mixed-Use Project Looms for Former Lakeland Mall -

Get used to the name Lake District. You’ll probably be hearing more about it in the near future. Lake District is the new name for the revamped project being planned at the old Lakeland Factory Outlet Mall site.

2. Net Leases – Explained -

Many retail and industrial leases are structured as net leases, but what does “net lease” mean?

A “net lease” is a lease transaction in which the landlord receives a monthly payment composed of two items: first and foremost is the rent, net of the property operating expenses and secondarily a portion of real estate taxes upon the property, casualty/liability insurance upon the property and common area expenses for the property.

3. Riley Poised to Lead MAAR Commercial Council in 2011 -

Ron Riley launched his sales career by selling copiers and printers at Xerox Corp. shortly after receiving his bachelor’s degree in business from the University of Memphis.

4. Former ServiceMaster Exec Sues Company -

A former senior vice president and general counsel of The ServiceMaster Co. has filed a class action complaint in Shelby County Chancery Court against the Memphis-based company, asking for what could amount to millions in damages related to cancelled stock options, according to The Daily News Online, www.memphisdailynews.com.