Editorial Results (free)
1.
Corky’s BBQ to Partner with Dobbs Equity to Fund Expansion -
Friday, June 8, 2018
Longtime Memphis mainstay Corky’s BBQ has announced a partnership with Dobbs Equity Partners LLC, a company founded by local businessman John H. Dobbs Jr., to further accelerate the worldwide growth of the hometown barbecue brand.
2.
Last Word: Mud Island Changes, Zoo Parking and Capitol Hill Revolt On UT Board -
Friday, April 13, 2018
This could be your last chance to see the Mississippi River Museum at Mud Island River Park as it has been for about the last 30 years. The park on the southern half of Mud Island opens for the season Saturday. The museum will be open only through July 4 is what is billed as a “limited run” followed by a public engagement process for “reimagining how we tell the story of the Mississippi River in a 21st century way,” according to park general manager Trey Giuntini in a Thursday press release.
3.
Raymond James Sues Landlord Over Elevators -
Friday, April 13, 2018
Raymond James & Associates Inc., the name tenant of the Raymond James building at 50 North Front St., is suing its landlord at the building over elevator problems in a lawsuit first filed in Chancery Court in February that has since been transferred to Memphis federal court.
4.
Trey Carter Honored Among Top 35 Millennial Influencers -
Wednesday, March 7, 2018
Patrick “Trey” Carter III has been named one of the Top 35 Millennial Influencers in the Country by the Next Big Thing Movement, a global network of more than 20,000 young professionals and creatives. Carter, president of Olympic Career Training Institute and an active community volunteer, is the only Tennessean to be included on the list. He will be honored Saturday, March 10, at NBTM’s Forward Conference in New York City alongside other influencers, including “The Daily Show” host Trevor Noah, Teen Vogue editor Elaine Welteroth and YouTube vlogger Tyler Oakley.
5.
US Begins Reducing Troops in Iraq After Victory Over IS -
Tuesday, February 6, 2018
AL-ASAD AIRBASE, Iraq (AP) – The U.S. has started to reduce the number of its troops in Iraq following Baghdad's declaration of victory over the Islamic State group last year, an Iraqi government spokesman and Western contractors said Monday.
6.
Jernigan Capital Launches Preferred Stock Offering -
Saturday, January 27, 2018
Memphis-based Jernigan Capital Inc. has launched a public offering of Series B preferred stock.
The company – which provides debt and equity capital to private developers, owners and operators of self-storage facilities – said it expects to grant the underwriters a 30-day option to purchase additional shares of Series B preferred stock.
7.
Jernigan Capital Launches Preferred Stock Offering -
Tuesday, January 23, 2018
Memphis-based Jernigan Capital Inc. has launched a public offering of Series B preferred stock.
The company – which provides debt and equity capital to private developers, owners and operators of self-storage facilities – said it expects to grant the underwriters a 30-day option to purchase additional shares of Series B preferred stock. And Jernigan Capital is planning to use the net proceeds from the offering to fund an investment in bridge financing related to five self-storage facilities in the Miami, Florida, metro area.
8.
Analysis: AutoZone May Be Set Up for Stronger 2018 -
Friday, December 22, 2017
Analysts who cover the stock of AutoZone Inc. are split into two sizable camps at the moment. Some 44 percent think the stock is worth rating a “buy,” while more than 50 percent think investors that already own shares should hold on to them and do nothing for now.
9.
AutoZone Posts Positive Q1 2018 Results -
Wednesday, December 6, 2017
A few weeks ahead of its annual meeting here set for Dec. 20, Memphis-based auto parts retailer AutoZone Inc. has kicked off its fiscal 2018 with better-than-expected earnings for the first three months of the year.
10.
AutoZone Closing Book on Unusual 2017 Performance -
Tuesday, November 7, 2017
A new Raymond James analyst report covering the auto parts industry suggests a few slightly concerning trends for retailers like AutoZone Inc., including a decrease in the growth rate of vehicle miles driven and an uptick in gas prices.
11.
AutoZone Reports Mild Fiscal Fourth Quarter -
Wednesday, September 20, 2017
Memphis-based auto parts retailer AutoZone Inc. continues to find itself in an environment that’s unusual for the company and one that it’s not accustomed to, with the company’s fiscal fourth quarter sales bearing that out.
12.
AutoZone’s Engine Starting to Stall -
Thursday, July 20, 2017
AutoZone’s stock price is pointed in the opposite direction it’s been accustomed to for years now. Shares of the Memphis-based auto parts retailer are down more than 30 percent since the end of January. Needless to say, that’s an unusual place for the company, which continues to open new stores at a steady clip.
13.
Gladney’s Career Path Leads to New Role at Commercial Bank & Trust -
Tuesday, June 6, 2017
When she was a freshman in high school, an English teacher identified Andrea Gladney’s writing talent and encouraged it. She loved to read and write, so it only seemed logical to start her college life at Ole Miss as an English major.
14.
Gladney’s Career Path Leads Her To New Role at Commercial Bank & Trust -
Saturday, June 3, 2017
When she was a freshman in high school, an English teacher identified Andrea Gladney’s writing talent and encouraged it. She loved to read and write, so it only seemed logical to start her college life at Ole Miss as an English major.
15.
The Week Ahead: May 29-June 4 -
Monday, May 29, 2017
Hello, Memphis! Memorial Day is the unofficial start of summer, and there’s no shortage of activities to get you outside to celebrate. Whether you’re looking for something to do with the kids or already need a break to chill with other adults, we’ve got you covered in The Week Ahead…
16.
Last Word: Sticker Shock Questions, Council Day Recap and Mueller's Move -
Wednesday, May 24, 2017
It’s not the final vote on the county property tax rate. But Monday’s acceptance by the Shelby County Commission of the state-certified property tax rate is an important insight into how the state and local governments get together on setting a tax rate that takes into account changes in overall property values from the countywide property reappraisal to set a tax rate that produces the same amount of revenue as the current rate.
17.
AutoZone Downgraded After Disappointing Q3 -
Tuesday, May 23, 2017
Analysts downgraded shares of auto parts retail giant AutoZone on Tuesday, May 23, after the company reported a second straight quarter of weaker earnings and sales for its fiscal third quarter.
Raymond James Financial Inc. lowered its rating on AutoZone’s stock from “strong buy” – which it attached to AutoZone back in September 2007 – to “market perform.”
18.
Commercial Bank & Trust Taps Community President -
Saturday, April 29, 2017
Commercial Bank & Trust Co. has tapped Andrea Gladney as its new community president for the Memphis market.
19.
Revolution Partners Quietly Growing But Holding On to Client-First Mindset -
Saturday, April 29, 2017
A conversation with Revolution Partners CEO Brian Fowler about the wealth management firm he and his team have been quietly growing since its launch in 2014 eventually turns philosophical, to encompass ideas like time, values, how to identify the things that matter.
20.
Commercial Bank and Trust Names Community President -
Friday, April 28, 2017
Commercial Bank and Trust Co. has tapped Andrea Gladney as its new community president for the Memphis market.
21.
Investing Costs Fall Again: Fidelity, Schwab Cut Commissions -
Wednesday, March 1, 2017
NEW YORK (AP) – It keeps getting cheaper to invest.
Fidelity on Tuesday became the latest company to cut its fees in an ongoing industry battle that's helped mom-and-pop investors keep more of their own dollars. Rival Charles Schwab matched the price cut in a matter of hours.
22.
AutoZone Reports ‘Challenging’ Q2 Results -
Wednesday, March 1, 2017
AutoZone’s results for the second quarter represented a bit of a slowdown for the auto parts and accessories retailer, with the company’s CEO using adjectives like “challenging” to describe the three-month period in which earnings and same-store sales were somewhat muted.
23.
Moorman Named Chief Scientist at Ducks Unlimited -
Wednesday, February 8, 2017
Tom Moorman has been named chief scientist of Memphis-based Ducks Unlimited, the world’s largest nonprofit dedicated to conserving North American waterfowl habitats. Moorman, who will take over from retiring chief scientist Scott Yaich on March 1, has worked for DU for more than 25 years, most recently serving as head of its 13-state Southern Region.
As chief scientist, Moorman will serve as DU’s leader on waterfowl and habitat science, provide vision and direction in addressing DU’s science needs and ensure it maintains its standing and credibility as a top-notch science-based organization.
24.
Final Goodbye: Roll Call of Some of Those Who Died in 2016 -
Monday, January 2, 2017
Death claimed transcendent political figures in 2016, including Cuba's revolutionary leader and Thailand's longtime king, but also took away royals of a different sort: kings of pop music, from Prince and David Bowie to George Michael.
25.
Fred's, A Small Drugstore Chain, May Become National Player -
Monday, December 26, 2016
NEW YORK (AP) – Fred's, a small regional drugstore chain from Memphis, Tennessee, had a very good week last week.
It all started Tuesday, Dec. 20, when Fred's said it would pay $950 million to buy 865 stores that Rite Aid needed to sell in order to appease anti-trust regulators and close its $9.4 billion buyout deal with Walgreens Boots Alliance Inc.
26.
Renasant Corp. Kicks Off Common Stock Offering -
Friday, December 16, 2016
For the parent company of Renasant Bank, now looked like the perfect time to kick off a common stock offering that will bring more than $75 million into the company’s coffers.
27.
AutoZone Revs Up Net Income By 8 Percent -
Wednesday, December 7, 2016
The first significant cold snap of the season is at hand, something that might leave most people resigned to the corresponding inconveniences but nonetheless excites AutoZone chairman, president and CEO Bill Rhodes.
28.
AutoZone Grows Quarterly Profit 6.4 Percent -
Friday, September 23, 2016
For 40 straight quarters now, Memphis-based auto parts retailer AutoZone has delivered double-digit earnings per share growth.
The company during its just-ended quarter grew its net income 6.4 percent over the year-ago period to $426.8 million. Earnings per share grew 12.2 percent to $14.30 per share.
29.
OB-GYN Shweta Patel Joins Adams Patterson Gynecology -
Wednesday, September 21, 2016
Dr. Shweta Patel has joined Adams Patterson Gynecology & Obstetrics as a board-certified obstetrician and gynecologist. Patel, who’s a lieutenant commander of the Medical Corps of the United States Navy, comes to Adams Patterson after serving as a naval medical officer and sexual assault response liaison at Walter Reed National Military Medical Center.
30.
Brooks Museum Celebrates Artist Carroll Cloar -
Tuesday, September 13, 2016
The Memphis Brooks Museum of Art is celebrating artist Carroll Cloar with the opening of a new gallery, a bike ride called the Tour de Cloar and a new giving level.
It stems in part from the museum seeing the success of the 2013 exhibition “Crossroads of Memory: Carroll Cloar and the American South.” The new Carroll Cloar Gallery opens to the public Sept. 24. The museum is also hosting Tour de Cloar for museum members that same day.
31.
Mallory Alexander Adds To Executive Team -
Saturday, September 3, 2016
Robert “Bob” E. Mallory has been appointed chief administrative officer for Memphis-based supply chain specialist Mallory Alexander International Logistics.
Mallory will be based in Memphis and will focus on developing programs to drive company growth through expansion and acquisitions. He is a member of the fifth-generation family that owns the Mallory Alexander company, and he has more than 20 years of international sales experience in former positions at Morgan Keegan & Co. and Raymond James Financial.
32.
Mallory Alexander Adds To Executive Team -
Thursday, September 1, 2016
Robert “Bob” E. Mallory has been appointed chief administrative officer for Memphis-based supply chain specialist Mallory Alexander International Logistics.
Mallory will be based in Memphis and will focus on developing programs to drive company growth through expansion and acquisitions. He is a member of the fifth-generation family that owns the Mallory Alexander company, and he has over 20 years of international sales experience in former positions at Morgan Keegan & Co. and Raymond James Financial.
33.
Pinnacle Financial Forms Local Investment Group -
Saturday, August 27, 2016
Pinnacle Financial Partners has formed an investment management group in Memphis.
The firm has hired two investment management professionals to advise clients as part of that new group. They are Pinnacle Asset Management senior vice president and financial consultant Brooks Fowler and registered sales assistant Robbin Gibson.
34.
Pinnacle Financial Launches Investment Group in Memphis -
Friday, August 26, 2016
Pinnacle Financial Partners has formed an investment management group in Memphis.
The firm has hired two investment management professionals to advise clients as part of that new group. They are Pinnacle Asset Management senior vice president and financial consultant Brooks Fowler and registered sales assistant Robbin Gibson.
35.
Downtown Office Market Picking Up, Industrial Market Could Get Hotter -
Saturday, August 20, 2016
Memphis’ office and industrial markets saw strong second quarters, with increased absorption and positive outlooks for the rest of the year.
The quarter was dominated by ServiceMaster Global Holdings’ announcement that it was moving its headquarters from East Memphis to the shuttered Peabody Place mall. The home services and tech company will transform the former mall into a $27 million, Class A office building.
36.
Humane Society Seeks New Leader After Terminating Director’s Contract -
Friday, July 8, 2016
The Humane Society of Memphis and Shelby County has terminated executive director Andrew Jacuzzi’s contract and retained Amy Howell as consulting interim director.
37.
The Week Ahead: June 6-12 -
Monday, June 6, 2016
Time to get this week started, Memphis! There’s plenty to keep you busy in this week’s roundup of need-to-know happenings, from the 50th anniversary of a seminal civil rights moment to a blast from the '80s-movie past...
38.
AutoZone Third-Quarter Results Miss Expectations -
Wednesday, May 25, 2016
Memphis-based auto parts retailer AutoZone Inc. knows how to grow its net sales, manage its balance sheet, handle shareholder capital and do a host of other things that have helped it generate an unbroken string of double-digit earnings per share growth the past 39 quarters.
39.
Last Word: $4.8 Billion of TNT, North Parkway Complications and Graceland West -
Thursday, May 19, 2016
FedEx sets a date next week for its acquisition of TNT Express – a $4.8 billion deal that was approved by TNT shareholders Wednesday.
40.
Raymond James Fined $17M for Anti-Money Laundering Lapses -
Thursday, May 19, 2016
WASHINGTON (AP) – Industry regulators have fined Raymond James $17 million, accusing the financial services firm of widespread failures in its controls against money laundering.
41.
Raymond James Tower Rappel to Benefit Orphanos -
Saturday, April 2, 2016
An upcoming fundraiser is giving thrill-seekers the chance to rappel down the 289-foot Raymond James Tower while supporting orphans and children around the world.
Memphis nonprofit Orphanos and Madison Realty, which owns the 21-story Downtown tower, have partnered for Over the Edge Memphis, scheduled for April 22-23.
42.
Raymond James Tower Rappel Will Benefit Orphanos -
Tuesday, March 29, 2016
An upcoming fundraiser is giving thrill-seekers the chance to rappel down the 289-foot Raymond James Tower while supporting orphans and children around the world.
Memphis nonprofit Orphanos and Madison Realty, which owns the 21-story Downtown tower, have partnered for Over the Edge Memphis, scheduled for April 22-23. The event encompasses four fundraising rappel challenges open to adults 18 and older who weigh 110 to 300 pounds.
43.
FedEx CEO Downplays Amazon ‘Industry Disruption’ -
Thursday, March 17, 2016
FedEx Corp. founder and CEO Fred Smith never said the word “Amazon,” but the e-commerce giant was clearly on his mind Wednesday.
Smith addressed speculation about “industry disruption” by Amazon from the outset of Memphis-based FedEx’s quarterly earnings conference call. He also defended the Trans-Pacific Partnership trade agreement, noting that both of the frontrunners for the Democratic and Republican presidential nominations are opposed to it.
44.
AutoZone Sees 8 Percent Gain in Second-Quarter Profit -
Tuesday, March 1, 2016
When gas prices are low and falling, consumers who have more money in their wallet to spend on other things than fueling up aren’t the only ones who are happy.
It’s also a data point that makes its way into presentations by AutoZone Inc. executives, as it did when the company walked through its second quarter results Tuesday, March 1, which reflected another period of gains in profit, net sales, store count and earnings per share for the company.
45.
Murphy Joins Paragon’s Aircraft Lending -
Wednesday, February 10, 2016
Ronald Murphy has joined Paragon Bank as vice president, aircraft lending. Murphy – who worked at Paragon from 2005 to 2008 as senior vice president, aircraft lending – will originate and service aircraft loans for the bank by developing relationships with dealers, brokers and end users of business aircraft.
46.
Gourmade Food Truck a Labor of Love for Creator -
Thursday, January 7, 2016
Jared Richmond admits he’s one of “those” kinds of restaurant patrons, a lover of food and of the food experience who sweats the details at places he visits and constantly has an eye for things that could be improved and that he’d have done differently.
47.
AutoZone Profit, Sales Up in Latest Quarter -
Tuesday, December 8, 2015
Ahead of its annual meeting in Memphis next week, AutoZone’s fiscal first-quarter results for the period ended Nov. 21 showed the car parts retailer working to deliver on its 2016 operating mantra: “Yes, we’ve got it.”
48.
Memphis to Host Back-to-Back Transportation Conferences -
Saturday, December 5, 2015
On Thursday, Dec. 10, Memphis’ status as a logistics hub and its future in inner-city transportation will be debated.
The University of Memphis will be hosting two back-to-back free conferences at the FedEx Institute of Technology. The Intermodal Freight Transportation Institute will host its ninth annual conference, dubbed The State of Freight, from 7:30 a.m. to noon, and the newly established University of Memphis Design Collaborative will host the Workforce to Work Transportation Summit from noon to 4:30 p.m.
49.
Analysis: AutoZone Firing on All Cylinders, But Still Room for a Tune-Up in Places -
Wednesday, October 28, 2015
AutoZone finds itself in a position at the moment that any retailer would surely envy.
One of Memphis’ most successful, industry-leading homegrown companies, it’s also one of the largest auto parts retailers in the country and something of a Wall Street darling with a stock price that’s tended to consistently move up and to the right.
50.
Why Optimism About the US Economy's Strength Has Dimmed -
Wednesday, October 21, 2015
WASHINGTON (AP) — Consumers, fueled by job growth, cheaper gas and higher home values, would drive the U.S. economy through a global slump.
That was the widespread hope just a few months ago. Now, doubts are growing that the United States can withstand economic pressures flowing from overseas. Economies in China, Canada, Brazil and Europe are struggling. Canada, the largest U.S. trading partner, is in recession.
51.
Komen Race for the Cure Finalizes Downtown Course -
Saturday, October 3, 2015
The Memphis-MidSouth Susan G. Komen Race for the Cure, slated for Oct. 31, has finalized the route for its first Downtown 5K race, certified by the Road Running Technical Council.
Starting and finishing at AutoZone Park, the route will lead more than 15,000 participants to Front Street, passing the University of Memphis Cecil C. Humphreys School of Law and Raymond James tower. It then will continue to Riverside Drive and up Beale Street, passing Beale Street Landing, The Orpheum Theatre, the new Hard Rock Cafe and BB King’s Blues Club.
52.
Komen Race for the Cure Finalizes Downtown Course -
Tuesday, September 29, 2015
The Memphis-MidSouth Susan G. Komen Race for the Cure, slated for Oct. 31, has finalized the route for its first Downtown 5K race, certified by the Road Running Technical Council.
Starting and finishing at AutoZone Park, the route will lead more than 15,000 participants to Front Street, passing the University of Memphis Cecil C. Humphreys School of Law and Raymond James tower. It then will continue to Riverside Drive and up Beale Street, passing Beale Street Landing, The Orpheum Theatre, the new Hard Rock Cafe and BB King’s Blues Club.
53.
AutoZone Profit Up 7.4 Percent in Fiscal Fourth Quarter -
Tuesday, September 22, 2015
Memphis-based auto parts retailer AutoZone Inc. has been scoring double-digit earnings-per-share growth every quarter for nine years running, a trend that predates Apple’s introduction of the first iPhone in 2007.
54.
Raymond James Hosting Dunk-for-the-Cure Fundraiser -
Thursday, August 20, 2015
Raymond James will host a Susan G. Komen Memphis-MidSouth fundraiser in Downtown Memphis Friday, Aug. 21.
The public Dunk-for-the-Cure event will offer participants a chance to bid on dunk-tank attempts. Special guests on tap for the tank include Downtown Memphis Commission president Paul Morris, Memphis Grizzlies general manager Chris Wallace and St. Jude AutoZone Liberty Bowl executive director Steve Ehrhart.
55.
Wunderlich Taps New General Counsel -
Saturday, August 8, 2015
Memphis-based investment firm Wunderlich Securities has named James Ritt as its new chief compliance officer and general counsel.
He has 30 years of experience in the securities industry, including serving as general counsel for Memphis-based Morgan Keegan from 1998 to 2012. More recently, he served as general counsel and chief legal officer for Birmingham-based Sterne Agee Group from 2012 to 2014.
56.
Wunderlich Taps New General Counsel -
Wednesday, August 5, 2015
Memphis-based investment firm Wunderlich Securities has named James Ritt as its new chief compliance officer and general counsel.
He has 30 years of experience in the securities industry, including serving as general counsel for Memphis-based Morgan Keegan from 1998 to 2012. More recently, he served as general counsel and chief legal officer for Birmingham-based Sterne Agee Group from 2012 to 2014.
57.
Salomon Joins Harkavy Shainberg -
Wednesday, June 3, 2015
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.
58.
Stock-Buyback Programs Hit Record Pace -
Saturday, May 30, 2015
If this was a poker game, it could be said that American companies are doubling down – repurchasing their own stock at a record pace instead of betting on new, outside investments.
TrimTabs Investment Research calculated that companies had announced plans to buy back $133 billion of their own stock in April. That was a new monthly high.
59.
AutoZone Reports Quarterly Revenue, Earnings Increase -
Monday, May 25, 2015
AutoZone Inc. reported Tuesday morning a 35th consecutive three-month period of double-digit earnings per share growth.
60.
AutoZone Executives Talk Up Growth Prospects -
Monday, April 27, 2015
AutoZone chairman, president and CEO Bill Rhodes doesn’t often participate in investor roadshows.
The meetings between a company’s executives and analysts who cover that company’s stock can serve up insights not always found during the more formal question-and-answer sessions that accompany earnings presentations.
61.
Analyst Downgrades Apple Shares as Smartwatch Goes on Sale -
Monday, April 13, 2015
NEW YORK (AP) – As consumers trekked to Apple stores to try on the company's smartwatch for the first time, a Raymond James analyst downgraded shares of the tech giant, saying its first product launch under CEO Tim Cook poses "more risk than reward."
62.
Race For the Cure Moving to Downtown Memphis -
Saturday, April 4, 2015
The annual Susan G. Komen Memphis-MidSouth Race For the Cure is moving Downtown in October.
The race – which was held in Collierville last year – will start and end at AutoZone Park October 31 and take in Riverside Drive as well as the Beale Street entertainment district. Sponsorships from Raymond James, AutoZone and the Memphis Redbirds are behind the move.
63.
Susan G. Komen Race Moving To Downtown Memphis -
Friday, April 3, 2015
The annual Susan G. Komen Memphis-MidSouth Race For the Cure is moving Downtown in October.
The race – which was held in Collierville last year – will start and end at AutoZone Park October 31 and take in Riverside Drive as well as the Beale Street entertainment district. Sponsorships from Raymond James, AutoZone and the Memphis Redbirds are behind the move.
64.
Komen Race Moves Downtown -
Thursday, April 2, 2015
The annual Susan G. Komen Memphis-MidSouth Race For the Cure is moving Downtown in October.
The race – which was held in Collierville last year – will start and end at AutoZone Park October 31 and take in Riverside Drive as well as the Beale Street entertainment district. Sponsorships from Raymond James, AutoZone and the Memphis Redbirds are behind the move.
65.
Memphis Industrial Portfolio Sells for $86.3 Million -
Monday, March 2, 2015
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.
66.
Memphis Industrial Portfolio Sells for $82.6 Million -
Monday, March 2, 2015
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.
67.
Raymond James Tower Fetches $20 Million -
Friday, January 23, 2015
How much is a 21-story skyscraper overlooking the Mississippi River worth? About $1 million a floor.
New York-based investor Jacob Sofer will pay Parkway Properties around $20 million for the Raymond James Tower at 50 N. Front St. Downtown, according to several people with knowledge of the transaction. The Shelby County Assessor of Property’s 2014 appraisal for the 340,000-square-foot building is $24 million.
68.
Fairgrounds TDZ Agreement Getting Closer -
Thursday, January 22, 2015
The deal to win Shelby County government’s backing of Memphis Mayor A C Wharton’s plan for a Fairgrounds Tourism Development Zone is getting more complex.
The latest version outlined Tuesday, Jan. 20, at City Hall still includes a city guarantee to make up any sales tax revenue that would normally go to fund local public schools that might be lost to financing the reconfiguration of the Fairgrounds.
69.
Council Approves Schools Deal, Appoints Boyd -
Wednesday, January 21, 2015
Two weeks after they ignored a proposed $43.1 million settlement of the six-year old schools funding legal standoff, Memphis City Council members Tuesday, Jan. 20, approved a $41.8 million settlement with Shelby County Schools.
70.
New York Investor to Buy Raymond James Tower -
Tuesday, January 13, 2015
A New York-based investor is under contract to purchase the Raymond James tower on Front Street Downtown, one of the most recognizable office buildings in the city.
71.
Commercial Success -
Saturday, January 10, 2015
If, as the saying goes, everyone gets 15 minutes of fame, Bart Durham’s has come in 15- and 30-second spurts – the length of the commercials that depict him as a lawyer everyman, ever-ready to tilt at windmills for the sake of justice for the working class.
72.
AutoZone Net Income Up 9.3 Percent -
Tuesday, December 9, 2014
AutoZone kicked off its new fiscal year with another quarter of growth, posting increases in same-store sales and earnings per share that are typical of earning announcements from the Memphis-based auto parts retailer.
73.
KPMG Signs Lease In East Memphis -
Saturday, November 22, 2014
After a year-long study of different options, audit, tax and advisory firm KPMG has made its move from Downtown to East Memphis official with its announcement today of the signing of a 10-year 3-month lease at Highwoods Properties’ Triad Centre III at 6070 Poplar Ave.
74.
KPMG Signs Lease in East Memphis -
Thursday, November 20, 2014
After a year-long study of different options, audit, tax and advisory firm KPMG has made its move from Downtown to East Memphis official with its announcement today of the signing of a 10-year 3-month lease at Highwoods Properties’ Triad Centre III at 6070 Poplar Ave.
75.
KPMG Signs Lease in East Memphis, Leaving Downtown -
Tuesday, November 18, 2014
After a year-long study of different options, audit, tax and advisory firm KPMG has made its move from Downtown to East Memphis official with its announcement today of the signing of a 10-year 3-month lease at Highwoods Properties’ Triad Centre III at 6070 Poplar Ave.
76.
15 Apply to Fill Chancery Vacancy -
Saturday, August 30, 2014
A field of 15 Memphis attorneys applied to become the newest Chancery Court judge as Chancellor Kenny Armstrong moves to a seat on the state appeals court in a week.
77.
AP Survey: Fed's Outlook Correct but Not Solution -
Wednesday, August 27, 2014
WASHINGTON (AP) – Economists appear to be of two minds about the Federal Reserve.
They agree with the Fed that the job market still isn't healthy. Yet the latest Associated Press survey of economists finds that most fear the Fed will wait too long to raise interest rates and thereby risk stoking inflation or creating asset bubbles.
78.
15 Apply to Fill Chancery Court Vacancy -
Wednesday, August 27, 2014
A field of 15 Memphis attorneys applied to become the newest Chancery Court judge as Chancellor Kenny Armstrong moves to a seat on the state appeals court in a week.
79.
Field of 15 Apply for Chancery Court Judge -
Tuesday, August 26, 2014
A field of 15 Memphis attorneys applied to become the newest Chancery Court Judge as Chancellor Kenny Armstrong moves to a seat on the state appeals court in a week.
80.
Bull Market -
Saturday, August 23, 2014
From his office on the 21st floor of the Raymond James tower Downtown, John C. Carson Jr. has a sweeping view of the Mississippi River as it rolls by the Bluff City.
81.
‘Significant Headwinds’ -
Saturday, July 5, 2014
When Gov. Bill Haslam joined local economic development and civic officials at FedExForum in January to announce that Conduit Global would open a call center in Shelby County that would employ 1,000 people over the next three to five years, it provided a much-needed boost to the local office real estate sector.
82.
Raymond James Recommits to Downtown -
Thursday, June 26, 2014
Raymond James is extending its commitment to Downtown Memphis, where the investment firm will remain a key part of the city’s skyline for at least another decade.
The firm has reached a deal with Parkway Properties to extend its lease on the Raymond James Tower at 50 N. Front St. until March of 2024.
83.
FedEx Seeks Office Space as Needs Shift -
Friday, May 30, 2014
FedEx Corp. is currently looking for 25,000 square feet of office space in the Memphis market, according to several real estate brokers.
84.
AutoZone Quarterly Profit Rises 7.4 Percent -
Monday, May 26, 2014
Memphis-based AutoZone Inc. has enjoyed double-digit earnings per share growth every quarter since the latter part of the administration of President George W. Bush – 31 straight quarters, to be precise.
85.
Shelby Farms Files $25 Million Permit for Lake Expansion -
Monday, May 26, 2014
500 Pine Lake
Memphis, TN 38134
Permit Cost: $25 million
Project Cost: $52 million
Permit Date: Applied May 2014
Completion: June 2016
Owner: Shelby Farms Park Conservancy
Tenant: Shelby Farms Park Conservancy
Architect: james corner field operations
Contractor: Montgomery Martin Contractors LLC
Details: The Shelby Farms Park Conservancy has filed a $25 million permit with the city-county Office of Construction Code Enforcement to expand Patriot Lake.
86.
FedEx Consolidates Office Space -
Tuesday, May 6, 2014
For months, commercial real estate brokers have been watching closely for any signs that might hint at what FedEx Corp. and its subsidiaries will do with the hundreds of thousands of square feet of commercial space the Memphis-based company leases across the area.
87.
Harris Files Ford Challenge at Deadline -
Thursday, April 3, 2014
Memphis City Council member Lee Harris is challenging Democratic state Sen. Ophelia Ford in the August primary for District 29, the Senate seat held by a member of the Ford family since 1975.
88.
Events -
Wednesday, March 26, 2014
B.I.G. for Memphis, a business interest group that connects Memphis Police colonels and business leaders, will meet Wednesday, March 26, from 9:45 a.m. to 11:30 a.m. at Phelps Security, 4932 Park Ave. Laura Vaughn, community chapter executive for the American Red Cross, will present “Creating Resiliency Through Preparedness.” Visit phelpssecurity.com.
89.
Events -
Tuesday, March 25, 2014
The Memphis Challenge will kick off its Power Lunch Series, which connects young professionals with peers and industry leaders, Wednesday, March 26, from 11:30 a.m. to 1 p.m. at EmergeMemphis, 516 Tennessee St. Leanne Scull, vice president, investments for Raymond James, will present “What is Your Financial Well-Being.” Tickets are $25. Visit memphischallenge.org.
90.
Events -
Monday, March 24, 2014
Rhodes College will host Maud Manzel for a Communities in Conversation lecture titled “Muslims and Jews in France: History of a Conflict,” Monday, March 24, at 6 p.m. in the McCallum Ballroom of the Bryan Campus Life Center on campus, 2000 North Parkway. Reception begins at 5:30 p.m. Cost is free. Visit rhodes.edu.
91.
Eddleman Joins Family Safety Center -
Wednesday, March 5, 2014
Vernetta Eddleman has joined the Family Safety Center, Memphis and Shelby County’s center for victims of domestic violence, as director of client services.
In her new role, Eddleman will be responsible for the planning, design, development and management of client services, and will also supervise and train staff and partner agency providers in delivering quality care to victims and their families.
92.
AutoZone Grows Sales, Net Income in 2nd Quarter -
Wednesday, March 5, 2014
Whenever AutoZone Inc. chairman, president and CEO Bill Rhodes presents the company’s quarterly earnings to analysts, it’s never long before he starts talking about the weather.
93.
Buzz Around Spec Office Space Starts to Swirl -
Saturday, March 1, 2014
International Paper Co.’s new office tower in East Memphis is under construction now, but it’s been four years since the last speculative office building opened its doors in Memphis.
94.
For Love of the Game, Indeed -
Friday, February 21, 2014
“I’ve never been humbled by anything like baseball. And I’ve been humbled more coaching than playing.” – Jonathan Lyons, former college and minor-league pitcher and now a coach of a 12-and-under competitive team
95.
Butler Sevier Law Firm Expands Downtown -
Friday, February 21, 2014
Butler, Sevier, Hinsley & Reid PLLC law firm has expanded its presence at 88 Union Ave.
96.
Microsoft Names Cloud Computing Chief as Next CEO -
Wednesday, February 5, 2014
LOS ANGELES (AP) – Microsoft has named the head of its cloud computing business as the company's next CEO, tapping a longtime insider to lead efforts to catch rivals in mobile devices and offer more software and services over the Internet.
97.
New Life -
Saturday, January 18, 2014
When Rob Clark and his wife moved into their home in the historic Evergreen neighborhood in 1993, catalog and distribution operations were still active at the Sears Crosstown building.
That soon changed, and for roughly two decades the hulking property stood as a towering, painful reminder of the area’s faded glory.
98.
New Life -
Monday, January 20, 2014
When Rob Clark and his wife moved into their home in the historic Evergreen neighborhood in 1993, catalog and distribution operations were still active at the Sears Crosstown building.
That soon changed, and for roughly two decades the hulking property stood as a towering, painful reminder of the area’s faded glory.
99.
KBM Group Growing at Clark Tower -
Friday, January 17, 2014
A digital marketing agency is expanding at Clark Tower in East Memphis.
KBM Group, which is part of Wunderman/WPP, one of the world’s largest marketers, is expanding at Clark Tower less than a year after moving into the East Memphis office building, 5100 Poplar Ave.
100.
Midtown Medical Office Building Sells for $2.6 Million -
Friday, January 10, 2014
A partnership of two Utah-based companies has acquired a medical office building on Union Avenue near Overton Square.
Trivalis LLC and Novalis LLC, both based in Utah, acquired the medical office building built in 1967 at 2076 Union Ave., next door to the IHOP restaurant, for $2.6 million. The property, at the corner of Union Avenue and Florence Street, was appraised at $1.3 million in 2013, according to the Shelby County Assessor of Property’s office. The sellers, Missouri-based Roundabout Real Estate LLC and Visual Projects LLC, acquired the property in 2008 for $2 million.