Editorial Results (free)
1. The Week Ahead: May 9-15
- Monday, May 09, 2016
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...
2. Moving Dirt
- Saturday, April 09, 2016
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.
3. New Liquor Store Opens at Carrefour on Poplar
- Thursday, June 11, 2015
A new, 9,000-square-foot liquor store is opening this week in Germantown.
Doc’s Wine, Spirits & More will host its grand opening Saturday, June 13, at noon. It is located at 6685 Poplar Ave. in the Carrefour at Kirby Woods retail center.
4. Buster's Boom: Popular Liquor and Wine Store Expanding
- Friday, June 05, 2015
Buster’s Liquors & Wines is expanding its footprint. The popular wine and liquor store near the University of Memphis is taking over the space occupied by La Hacienda Mexican Restaurant in the University Center retail development at Poplar Avenue and Highland Street.
5. Curtains Up
- Tuesday, August 12, 2014
As counterintuitive as it might sound, the more digitized and interconnected people get, the more they seem to appreciate the handiwork of Dan McCleary and the fellow live theater proponents who work with him.
6. Fresh Market, Whole Foods Seek Approval From Boards
- Thursday, November 28, 2013
Two planned high-profile grocery stores will be seeking regulatory approval in the coming weeks.
The Fresh Market is applying for a special-use permit from the Land Use Control Board Dec. 12 to convert the existing Ike’s store on Union Avenue into one of the chains upscale grocery stores.
7. Sickle Cell Foundation Considers Hunt-Phelan House
- Wednesday, October 30, 2013
The Hunt-Phelan house would become a campus for the Sickle Cell Foundation of Tennessee under a plan the foundation announced Tuesday, Oct. 29, on the steps of the 175-year-old home at 533 Beale St.
8. Highpoint Church Buys Briarcrest’s East Memphis Campus
- Friday, November 09, 2012
After seven years of leasing space for its worship services, Highpoint Church has acquired Briarcrest Christian School Systems Inc.’s property at 6000 Briarcrest Ave. for $7.25 million.
9. History for Sale
- Wednesday, August 01, 2012
Three historic properties in the Midtown and Downtown areas are on the market, all listed with major Memphis commercial real estate firms.
The most recent listing is the Hunt-Phelan house at 533 Beale St., priced at $2.9 million with Henry Stratton and Andy Cates of Colliers International Memphis. The mansion has hosted guests including Ulysses S. Grant, Jefferson Davis, Andrew Jackson and Andrew Johnson.
10. ‘Perfect Storm’
- Tuesday, July 03, 2012
Office sublease space reached a record high in the first quarter, and local experts are forecasting even more leases from one lessee to another to hit the market prior to year-end.
Office subleasing totaled 600,664 square feet during the first three months of the year, according to Cushman & Wakefield/Commercial Advisors LLC’s Q1 office market report. That’s nearly 14 percent of total available space.
11. Pickering Projects Show Activity on Upswing
- Friday, May 18, 2012
If an uptick in engineering services is an economic indicator of recovery and stability, Memphis is progressing fairly well.
That’s the message Bob Pitts, principal at Pickering Firm Inc., shared to the Appraisal Institute of Memphis Wednesday, May 16, at Chickasaw Country Club. Pickering employs 150 engineers, scientists, architects and surveyors across six offices from its Memphis headquarters to the Gulf Coast.
- Wednesday, April 25, 2012
The Memphis Social Media Club will meet Wednesday, April 25, from noon to 1 p.m. in the Glankler Brown PLLC conference room, 6000 Poplar Ave., suite 400. Eric Proseus will discuss communicating via social media during bad weather and other crises. Email email@example.com or call 521-1453 for details.
13. Fed Survey: No Movement in Area Lending
- Monday, April 16, 2012
The local economy is inching toward improvement. A newly released report from the Federal Reserve shows the central bank’s regional district that includes Memphis saw modest improvement in residential real estate as well as the commercial real estate market since the Fed’s last survey.
14. Valentine Joins Regions Insurance
- Friday, April 13, 2012
Chalmers Valentine, owner and principal of Peyton Financial Group, has joined Regions Insurance of Tennessee.
She’s worked for Peyton Financial Group for the past 23 years specializing in insurance and financial services, estate coordination, executive compensation, employee benefits and retirement planning. Her focus at Regions Insurance will be to help build out a life insurance and executive compensation practice.
- Thursday, April 12, 2012
The Association of Fundraising Professionals will host its monthly luncheon Thursday, April 12, from 11:30 a.m. to 1 p.m. at Christian Brothers University’s Thomas Center. The topic is “The Role of Communications in Fundraising Campaigns.” Cost is $15 for members and $25 for nonmembers. Visit afpmemphis.org to register.
16. Cargill Files $1.4M Permit App For Pres. Island Storage Bldg.
- Tuesday, April 03, 2012
2615 Channel Ave.
Memphis, TN 38113
Permit Cost: $1.4 million
Permit Date: Applied March 2012
17. Covenant Dove Finances Two Area Nursing Homes
- Friday, March 30, 2012
Bartlett-based Covenant Dove – an operator of skilled nursing facilities in 12 states – has filed two leasehold loans totaling $16.5 million for nursing homes in Bartlett and Collierville, part of an aggregate $165 million loan through The PrivateBank and Trust Co.
18. Social Media Club To Meet Thursday
- Thursday, February 23, 2012
The Memphis chapter of the Social Media Club will host a meeting Thursday, Feb. 23, from noon to 1 p.m. in the Glankler Brown PLLC conference room, 6000 Poplar Ave., suite 400.
- Thursday, January 26, 2012
The Memphis alumnae association of Kappa Kappa Gamma will hold a luncheon titled “Literacy is Key: A Book and Author Affair” Thursday, Jan. 26, at 11 a.m. at the Holiday Inn University of Memphis, 3700 Central Ave. Authors Kim Edwards and Lisa Patton will speak, and book-signings will follow. Tickets are $45 per person, which benefits Literacy Mid-South. For more information, visit www.memphiskkg.org.
20. Bluff City Coffee Inks New Space
- Friday, January 20, 2012
Bluff City Coffee, the coffee and snack shop in Downtown’s South Main Historic Arts District, has recently unveiled some aggressive expansion plans.
The local eatery has leased a 3,000-square-foot kitchen in the Pembroke Building, 119 S. Main St., in the space behind the Center for Southern Folklore.
21. Social Media Club to Meet Thursday
- Thursday, January 19, 2012
The Memphis chapter of the Social Media Club will host its first meeting of the year on Thursday, Jan. 19, from noon to 1 p.m. in the Glankler Brown conference room, 6000 Poplar Ave., suite 400.
22. City Closes Books on Dynamic Year
- Thursday, December 29, 2011
If there’s one thing 2011 proved about the legal profession in Memphis, it’s how intrinsic it is to the daily ebb and flow of life in the city and how deeply enmeshed it is in the big news stories of the day, from politics to business.
23. Distinctions, Honors Roll In for Glankler Brown
- Thursday, November 10, 2011
A lot has been going on over the last few months at Glankler Brown PLLC – one of the largest law firms in the city.
- Friday, October 28, 2011
The Small Business Chamber Breakfast Club will meet Friday, Oct. 28, from 7:30 a.m. to 9 a.m. at Office Suites Plus, 6000 Poplar Ave., suite 250.For more information, call 212-7424.
- Thursday, October 27, 2011
Hutchison School will host an Upper School Visitor Day for girls entering grades nine through 12 in the fall of 2012 Thursday, Oct. 27, from 8:30 a.m. to 1 p.m. at Hutchison, 1740 Ridgeway Road. For more information, call 762-6672 or visit www.hutchisonschool.org.
- Friday, October 07, 2011
The annual Barrister’s Breakfast benefiting Susan G. Komen for the Cure foundation will be held Friday, Oct. 7, from 7 a.m. to 9 a.m. at Calvary Church, 102 N. Second St. Cost is $10 per person and includes the full breakfast.
- Wednesday, October 05, 2011
Highwoods Properties Inc. is about two weeks away from completing more than $1 million in parking lot renovations and building improvements at the East Memphis office complex Triad Centre, bringing its three developments into a cohesive, campus-style environment.
- Thursday, September 22, 2011
The Memphis chapter of the Society for Information Management will present its 24th edition of the Strategy Series for Executives, titled “Unleashing the Power of IT for Innovation and Growth,” Thursday, Sept. 22, from 7:30 a.m. to 4:30 p.m. at the Westin Memphis Beale Street Hotel, 170 Lt. George W. Lee Ave. The event is free for qualified corporate executives. To register, visit www.hmgstrategy.com.
- Friday, September 09, 2011
Literacy Mid-South, Memphis City Schools and The United Way will present an Advanced Tutor Training Brown Bag Lunch Series Friday, Sept. 9, from 11:30 a.m. to 1 p.m. at Memphis City Schools Teaching & Learning Academy, 2485 Union Ave. Dr. Beverly Cross, Lillian Morrie Moss Chair of Excellence in Urban Education at the University of Memphis, will speak on the topic “Building Effective Tutor/Student Relationships.” For more information or reservations, contact Marilyn Rabinowitz at firstname.lastname@example.org or 327-6000, ext. 1009.
30. LensRentals.com Moves Into Trinity Ridge
- Friday, July 22, 2011
A local camera- and lens-rental company is expanding into a significant amount of space in the already tight Northeast submarket.
LensRentals.com has signed a 16,800-square-foot lease in Cordova’s Trinity Ridge Business Center, 7730 A Trinity Road, suite 110.
- Thursday, July 21, 2011
Baker, Donelson, Bearman, Caldwell & Berkowitz PC will present “Dealing With Guns in the Workplace” Thursday, July 21, from 8:30 a.m. to 9:30 a.m. at the firm’s office, 165 Madison Ave., 20th floor. Jonathan Hancock will speak. To register, email email@example.com.
- Wednesday, July 20, 2011
Talk Shoppe will present “Your Image of Excellence” Wednesday, July 20, from 9 a.m. to 10 a.m. at the Better Business Bureau, 3693 Tyndale Drive. For more information, call Jo Garner at 482-0354.
- Tuesday, July 19, 2011
The Memphis Rotary Club will meet Tuesday, July 19, at noon at the University Club of Memphis, 1346 Central Ave. R.C. Johnson, University of Memphis athletic director, will speak. Cost is $18 per person. Advanced reservations are required. For reservations, email Taylor Hughes at firstname.lastname@example.org.
- Friday, June 24, 2011
The Small Business Chamber Breakfast Club will meet Friday, June 24, from 7:30 a.m. to 9 a.m. at Office Suites Plus, 6000 Poplar Ave., suite 250. Cost is free to members and first-time guests and $10 for returning guests. For more information, call Melody Douglas at 261-5400.
- Thursday, June 23, 2011
Methodist North Hospital will host a free seminar on congestive heart failure Thursday, June 23, from 11 a.m. to1 p.m. at the hospital, 3950 Covington Pike, suite 250. Dr. Claro Diaz, cardiologist with Sutherland Cardiology Clinic, will speak. The event is free and open to the public. To register, call 888-777-5959.
- Wednesday, June 22, 2011
The Small Business Chamber Breakfast Club will meet Wednesday, June 22, from 7:30 a.m. to 9 a.m. at Office Suites Plus, 6000 Poplar Ave., suite 250. For more information, call Melody Douglas at 261-5400.
- Tuesday, June 21, 2011
The Levitt Shell will hold free concerts as part of its summer kids concert series Tuesday, June 21, at 10:30 a.m. and 7 p.m. at the Levitt Shell in Overton Park, 1930 Poplar Ave. The New Ballet Ensemble will perform.
- Monday, June 20, 2011
Visible Music College and the Cooper Young Business Association will present Visible Live, a free concert featuring Visible students, alumni and staff, Monday, June 20, from 6 p.m. to 8 p.m. at the corner of Cooper Street and Young Avenue. Josh Smith will perform. For more information, visit www.cooperyoung.biz.
- Friday, May 27, 2011
The Small Business Chamber Breakfast Club will meet Friday, May 27, from 7:30 a.m. to 9 a.m. at Office Suites Plus, 6000 Poplar Ave., suite 250. For more information, call Melody Douglas at 261-5400.
- Thursday, May 26, 2011
Methodist North Hospital will hold a stroke support group for stroke survivors and caregivers Thursday, May 26, at 5 p.m. in meeting room one, basement level, 3960 New Covington Pike. This month’s topic is “Dealing with Life After a Stroke.” The group will meet every fourth Thursday of the month. Light refreshments will be served. For more information, call 516-5646 or visit www.methodisthealth.org.
- Wednesday, May 25, 2011
A Belgian Beer Dinner will be held Wednesday, May 25, at 7 p.m. at Mesquite Chop House, 88 Union Ave. The dinner will be presented by Steve Barzizza of Southwestern Beverages. For more information, call 527-5337 or visit www.mesquitechophouse.com.
- Thursday, April 28, 2011
Baker, Donelson, Bearman, Caldwell & Berkowitz PC will hold a breakfast briefing titled “Wage and Hour Investigations: What to Do When the Department of Labor Comes Knocking” Thursday from 8:30 a.m. to 9:30 a.m. at the Holiday Inn Southaven, 280 Marathon Way in Southaven. For more information or to register, contact Nicolette Thomas at 577-2328 or email@example.com.
- Friday, April 22, 2011
The Small Business Chamber Breakfast Club will meet Friday from 7:30 a.m. to 9 a.m. at Office Suites Plus, 6000 Poplar Ave., suite 250. Cost is free to members and first-time guests and $10 for returning guests. For more information, call Melody Douglas at 261-5400.
- Thursday, April 21, 2011
The Germantown Area Chamber of Commerce will hold a general membership luncheon Thursday at 11:15 a.m. at the Germantown Country Club, 1780 Kimbrough Road. Andrew Clarksenior of News Radio 600 WREC will speak. For reservations, call 755-1200.
- Friday, March 25, 2011
The Small Business Chamber Breakfast Club will meet Friday from 7:30 a.m. to 9 a.m. at Office Suites Plus, 6000 Poplar Ave., suite 250. For more information, call Melody Douglas at 261-5400.
46. Prevention Through Awareness
- Wednesday, December 01, 2010
World AIDS Day will be commemorated in Memphis Wednesday with a public ceremony to remember all Shelby County residents who’ve lost the battle to AIDS over the last 25 years.
First Baptist Church and Greater Lewis Street Missionary Baptist Church, adjacent houses of worship at the busy corner of Poplar Avenue and East Parkway, have dedicated their front lawns for a World AIDS Day Marker Project.
47. Menlo Bolsters Local Presence With New Lease
- Friday, November 26, 2010
Menlo Worldwide Logistics LLC is expanding its Memphis-area operations with a new 181,000-square-foot lease in ProLogis Park DeSoto in Olive Branch.
48. Glankler Brown’s Eastbound Move Starts Friday
- Thursday, November 11, 2010
The long-planned relocation of Glankler Brown PLLC’s Downtown office to East Memphis, which resulted in one of the most significant commercial real estate deals inked this year, gets under way Friday.
- Friday, October 29, 2010
The Small Business Chamber Breakfast Club will meet Friday from 7:30 a.m. to 9 a.m. at the Office Suites Plus, 6000 Poplar Ave., suite 250. The meeting will include a costume contest. For more information, visit www.smallbusinesschamber.com.
- Thursday, October 28, 2010
The Memphis Lawyers’ Chapter and University of Memphis Law Student Chapter of the Federalist Society will present a lecture by Wall Street Journal columnist and author John Fund titled “A Visitor’s Guide to an Alien Planet: Washington, D.C.” Wednesday from 11:45 a.m. to 12:45 p.m. in Wade Auditorium at the law school, 1 N. Front St. The event is free and open to the public.
- Wednesday, October 27, 2010
Talk Shoppe will present “Speed Networking: Book Yourself on the Supersonic Flight to Referrals!” Wednesday from 9 a.m. to 10 a.m. at the Better Business Bureau, 3693 Tyndale Drive. For more information, call 482-0354.
- Friday, October 22, 2010
The Small Business Chamber will hold a breakfast club meeting Friday from 7:30 a.m. to 9 a.m. at Office Suites Plus, 6000 Poplar Ave., suite 250. For more information, call 748-8889.
- Thursday, October 21, 2010
Saint Francis Hospital Center for Surgical Weight Loss will host a free information seminar on bariatric surgery Thursday at noon at the hospital, 5959 Park Ave. Seating is limited. To reserve a seat, call 765-1849.
54. Kent H. Landsberg Co. Doubles Space
- Friday, October 08, 2010
Kent H. Landsberg Co. has finally inked a deal that had been in the works for quite some time.
Landsberg, a packaging, janitorial and food service shipping supply company, stayed in Memphis and expanded when it purchased Wurzburg Inc., a Memphis-based provider of supply-chain logistics and packaging.
55. Millennium Expands, Eyes Additional Growth
- Monday, October 04, 2010
Times are tough in the furniture industry, but at least one Memphis-area furniture retailer has been scaling up during the recession rather than scaling back.
This summer, Millennium Home Furnishings opened a 12,000-square-foot showroom at 3164 S. Forest Hill-Irene Road, just south of Poplar Pike in Germantown. The new store replaces Millennium’s former 4,500-square-foot store at The Avenue Carriage Crossing in Collierville.
- Friday, September 24, 2010
The Small Business Chamber Breakfast Club will meet Friday from 7:30 a.m. to 9 p.m. at the Office Suites Plus, 6000 Poplar Ave., suite 250. For more information, visit www.smallbusinesschamber.com.
- Thursday, September 23, 2010
The Alliance for Nonprofit Excellence will hold a workshop Thursday from 8:30 a.m. to noon at its office, 5100 Poplar Ave., suite 502. Daniel Moore, audit manager at Watkins Uiberall PLLC, will speak on the topic “Understanding Nonprofit Accounting.” Cost is $60 for members, $110 for nonmembers and $55 for those in the Program for Nonprofit Excellence. For more information, call 684-6605 or visit www.npexcellence.org.
58. Vaco Banks on City’s Logistics Strength
- Wednesday, September 01, 2010
Vaco, a specialized upper-management and executive staffing and consulting firm based in Nashville with 24 offices around the country, including Memphis, has seen tremendous growth since its founding in 2002.
59. Historic Restaurant to Begin New Chapter in New Locale
- Monday, August 02, 2010
Jim’s Place restaurant was founded Downtown in 1921. Eighty-nine years later, the Taras family still owns Jim’s Place East, on Shelby Oaks Drive, and Jim’s Place Grille, in Collierville, though a major change is coming for Jim’s Place East in the next few months.
60. Helmers Opens Law Practice
- Monday, July 12, 2010
H. Thomas Helmers has announced the opening of his new independent law practice at 6000 Poplar Ave.
In his practice, Helmers – who has dealt as an underwriter with real estate title issues for residential and construction transactions – plans to focus on residential real estate, secured lending and curing real estate title issues.
61. New Germantown Building Will Have Retro Look
- Wednesday, June 30, 2010
Officials broke ground on a new development in Germantown Tuesday that will combine turn-of-the-century architecture with state-of-art medical imaging technology.
The Salvaggio Group LLC held a ceremonial ground-breaking in a lot on Poplar Pike next to Germantown High School, the future site of the Brownstone building, which will house the corporate and clinical offices of Memphis Radiological PC.
62. Deal 'Huge' For Office Real Estate Market
- Thursday, June 10, 2010
The lease that sent Glankler Brown PLLC from Downtown to East Memphis was one of the most significant commercial real estate deals inked all year, even in a city known for its abundance of large industrial transactions.
- Thursday, March 04, 2010
The Greater Memphis Chamber will hold a breakfast forum titled “Business of Film & Music in Memphis: It’s Not Just Entertainment” today from 7:30 a.m. to 9 a.m. at the Memphis Cook Convention Center, 255 N. Main St. Cost is $25 for members and $35 for prospective members. To register, contact Erick Milford at 543-3518 or firstname.lastname@example.org.
- Wednesday, March 03, 2010
Talk Shoppe will present “Tax Free Growth & Income For Life” today from 9 a.m. to 10 a.m. at the Better Business Bureau of the Mid-South, 3693 Tyndale Drive. For more information, call 482-0354.
- Tuesday, December 01, 2009
The Germantown Area Chamber of Commerce will hold a seminar series for business owners and executives today from 7:45 a.m. to 9:30 a.m. in the Community Room of Baptist Rehabilitation Germantown, 2100 Exeter Road. Cost is $10. Breakfast will be provided. For reservations, call 755-1200.
66. Attorney Sees Opportunities Ahead For New Practice
- Thursday, September 17, 2009
Stephen H. Biller took the risk in a down economy of going off on his own and forming The Biller Law Firm – a risk that appears to have paid off as he has hired a new attorney and other staff members since opening June 1.
- Tuesday, August 11, 2009
The National Association of Women Business Owners Memphis Chapter will hold a luncheon mixer today at 11:30 a.m. at Jason’s Deli, 3473 Poplar Ave., Suite 102. Lynn V. Evans will speak on “Tips for Increasing Cash.” For reservations, e-mail email@example.com or call 413-1315.
- Monday, August 10, 2009
The Memphis Chapter of the International Association of Administrative Professionals will meet today at 6 p.m. at the Holiday Inn Select East, 5795 Poplar Ave. Dr. Ron Davis, campus dean at Strayer University, will present “Emotional Intelligence and Servant Leadership.” Cost is $20. For reservations, contact Dianne Cordaro at firstname.lastname@example.org or 287-6009.
- Friday, June 19, 2009
The Center for Southern Folklore will host a free performance by Tempeh Four today at noon at the center, 123 S. Main St. The performance is part of the center’s Brown Bag Lunch Series. For more information, call 525-3655.
70. Biller Forms Solo Practice
- Friday, June 12, 2009
Stephen H. Biller, formerly of counsel with Luckett Pinstein Ridder PC, has established The Biller Law Firm. The new firm is at 6000 Poplar Ave., Suite 250. ...
Biller practices in labor and employment law, including wage and hour and equal employment opportunity law, as well as immigration law, the National Labor Relations Act, Americans with Disabilities Act and business litigation.
Biller will practice solo with the help of one paralegal and one staff member.
71. Office Suites PLUS Opens Memphis Location
- Wednesday, February 18, 2009
Office Suites PLUS has opened its first location in Memphis in Suite 250 at 6000 Poplar Ave.
The 15,538 square feet of space includes individually furnished offices, meeting rooms, high-speed Internet access and administrative support services.
- Thursday, August 21, 2008
Women on the Move will hold a luncheon today at 11:30 a.m. at The Crescent Club, 6075 Poplar Ave. Stefanie Barrett of Barrett Creative will share tips on how to market your business. For reservations, call 684-1010.
73. Apperson Crump, Gary K. Smith to Merge
- Monday, July 28, 2008
Two Memphis law firms are planning to merge their practices effective Friday.
Apperson, Crump & Maxwell PLC and Gary K. Smith & Associates PLLC announced last week their plans to merge their practices and relocate the Smith firm from Peabody Place to Apperson Crump offices at 6000 Poplar Ave.
74. Founders of Grand Events Sell Company’s Warehouse
- Tuesday, June 24, 2008
3347 Pearson Road
Memphis, TN 38118
Sale Amount: $2.5 Million
Sale Date: June 13, 2008
Buyer: Schwarz Properties LLC
Seller: Hoyt Mark White and John Stanley White
Loan Amount: $2.1 million
Loan Date: June 12, 2008
Maturity Date: N/A
Details: Asheboro, N.C.-based Schwarz Properties LLC has bought the 130,925-square-foot warehouse that houses Grand Events and Party Rentals, which now will lease the space.
75. Oak Hall Renovation Begins Monday
- Thursday, June 19, 2008
After lengthy financing delays from a shaky real estate market, the group planning to renovate the old Oak Hall building at 555 S. Perkins Road Extended is finally ready to move forward.
Glen Bascom Jr., Glen Bascom Sr. and Chris Montesi – the trio who comprise the entity 555 Perkins LLC – have secured a $5.2 million construction loan with U.S. Bank NA to overhaul the 54,265-square-foot office building just south of the intersection at Poplar Avenue and Perkins Road Extended.
The renovation financing was orchestrated by Rick Wood, senior vice president for Financial Federal Savings Bank.
Construction on the 1966 property begins Monday, more than four months after the initial building permit was filed, although the partners’ interest in the property goes back much further. The group bought the ground lease of the building for $1.2 million from LaSalle Bank NA in December 2006, and Bascom Sr. had owned the land since the late 1980s.
Bascom Jr. has been champing at the bit to get the project under way, but he understood the hesitance of lenders, in these tight credit times, to front money for a building that’s only 15 percent preleased.
“I think a lot of big players are like that,” Bascom Jr. said. “Nobody wants to finance a spec building – either an apartment building, condo building or office building. They want to have tenants in place, and that was the hard part with us – we want to build it first and then get tenants.”
Looking for warm bodies
Getting tenants is the company’s goal over the next six months during redevelopment of the building, which will be renamed First Capital Center after the anchor tenant.
Germantown-based First Capital Bank will occupy 6,000 square feet on the ground floor with a branch that includes a drive-thru. The bank joins two existing tenants that are remaining in the four-story building, leaving about 45,000 square feet available for lease.
That task is being handled by Joe Steffner, president of the Memphis office of Grubb & Ellis Co. Steffner said he believes the renovated space of a well-known building along Poplar will make it a desirable locale for office users.
“When you compare the price with the amenities and the brand-new space in the building, it will be a relatively easy sell,” he said. “The Poplar corridor is where everyone has wanted to be. Over the past 15 years the market has grown and people have gone to the 385 corridor as kind of the second choice. Over the past several years, the tenants that either couldn’t find space on Poplar or didn’t want to be on Poplar for whatever reason have tended to come back to Poplar.”
Bascom Jr. agreed that the location along the high-density Poplar Avenue corridor should keep the First Capital Center insulated from what has been a generally soft market.
“Of all the deals that we have out there now, it’s a no-brainer,” Bascom Jr. said. “This one’s going to be successful. It’s a lot of money and time involved over the year or two, but it’s the one I feel most comfortable with of all the projects we’ve got going on.”
New and improved
Renaissance Group is architect and Montgomery Martin Contractors LLC is contractor for the project. Chris Ybos of Montgomery Martin said the expected completion date is about six months away.
Once the building is finished by the end of the year, it won’t look anything like the structure that formerly housed an Oak Hall clothing store. Upgrades include new HVAC, new roof, new shell, new windows, plus plenty of parking for tenants.
Steffner said pricing will be lower than other office space nearby because it’s an older building, but it will recapture the feel of a new product.
“It’s hard to take an older building and make it Class A, and yet they’re doing everything possible to make it A,” Steffner said. “It’s hard to argue with the amenities in the building, plus the bank on site. We think it will be an A-minus building with B prices. That will make it competitive.
“It’s exciting because it’s like having a brand-new building to lease on a speculative basis at below-market rates. We’ve never had an opportunity like this before. It will have a new name, but it’s a location everyone knows.”...
76. Rhea & Ivy MergesWith N.C. Firm
- Thursday, January 31, 2008
The accounting firms of Rhea & Ivy PLC and Dixon Hughes PLLC are merging effective Friday, the companies announced this week.
Rhea & Ivy opened in Memphis in 1954; today it employs 70 wo
77. Halle Investment Sees Sales Potential in Collierville
- Tuesday, August 14, 2007
Halle Investment Co. needed just one day to sell all 56 lots at its latest development, the Hartwell subdivision in Collierville - further proof that while the housing market is soft elsewhere, it remains strong in the affluent suburb of about 40,000 people.
- Wednesday, December 06, 2006
The Memphis chapter of the Tennessee Small Business Development Center hosts "Business Start-Up" today from 10 a.m. to noon at Renaissance Business Center, 555 Beale St. The free seminar will outline the first steps in starting a business. For information, call Yolanda Handy at 333-5085.
79. Highwoods Properties Plans $27 Million Project
- Thursday, August 03, 2006
Highwoods Properties plans to launch a $27 million office building on its 10-acre campus at Poplar Avenue and Shady Grove Road.
The company, which is based in Raleigh, N.C., is set to c
80. Dixon Teapot Exhibit Neither Short nor Stout; Runs Through Sept. 24
- Monday, May 15, 2006
The Dixon Gallery and Gardens hosts "The Artful Teapot: 20th Century Expressions from the Kamm Collection" through Sept. 24 at 4339 Park Ave. The exhibit examines the teapot as an inventive vehicle for artistic expression in the 20th century. All the works in the exhibit have been chosen from the celebrated Kamm collection, husband and wife Gloria and Sonny Kamm's person trove of more than 6,000 teapots. For more information, call 761-5250 or visit www.dixon.org.
81. Local Leaders Bulk Up Public Health Reserve Corps
- Friday, December 30, 2005
It's anyone's guess how widespread the damage would be to Memphis in the wake of a powerful earthquake, a natural disaster whose destructive power could kill and injure thousands, wreck un-reinforced buildings and leave the metropolitan area in shambles, based on researchers' predictions.
82. Archived Article: Lead
- Thursday, June 30, 2005
By Andy Meek
Baptist Plans Minor Med With a Twist
Consolidated Poplar center to offer new service options
The Daily News
Baptist Memorial Health Care Corp. is trying a different way of caring for patients in a new minor medi...
83. Archived Article: Real
- Tuesday, February 15, 2005
Custom Home Building Thriving in Memphis
Low Rates Trigger Surge in Custom Building
The Daily News
With the ongoing boom in new home construction, many areas of Metro Memphis are seeing a flood of starter and first-time move-...
84. Archived Article: This Week
- Monday, May 24, 2004
CONGRESSMAN HAROLD FORD DISCUSSES NEW DISCOUNT CARD
HUD Presents Session on HOME Program
The U.S. Department of Housing and Urban Development presents Basic HOME Training from 8 a.m. to 4:30 p.m. through May 26 at the Renaissance Cen...
85. Archived Article: New Main (lead)
- Wednesday, March 31, 2004
Developers Work Toward a New Main
City marks first opening on revitalized Downtown block
The Daily News
Cities typically dont designate a roadway Main Street for the heck of it theres usually some significance to ...
86. Archived Article: Events
- Thursday, January 22, 2004
The Memphis Area Association of Realtors holds a class on the Tennessee Association of Realtors Sales & Purchase agreement fro
The Memphis Area Association of Realtors hosts a class on the Tennessee Association of Realtors Sales & Purchas...
87. Archived Article: Calendar
- Monday, April 07, 2003
Calendar of events April 7-13
Calendar of events April 7-April 13
Trinity United Methodist Church, 1738 Galloway Ave., hosts a support group for the families of military service personnel from 7 p.m. to 8:30 p.m. Morgan Keegan and W...
88. Archived Article: Calendar
- Monday, March 24, 2003
Calendar of events March 24-30
Calendar of events March 24-March 30
The Metropolitan Inter-Faith Association presents its RSVP Lunch and Learn Series from 10 a.m. to 1:30 p.m. at Evergreen Presbyterian Church, 613 University St. Co...
89. Archived Article: Marketplace
- Monday, April 15, 2002
Glankler Brown stronger after merger Nine months later, mega merger a happy union By SUE PEASE The Daily News Attorney Bill Frulla spent 23 years with Waring Cox law firm and loved every minute of it. "It was not like going to work. It was just...
90. Archived Article: Comm Briefs
- Friday, March 08, 2002
The Le Bonheur Clubs Gold Tag Drive, an annual fund-raising event, is underway with organizers hoping to surpass past campaig Cossitt Branch Library, 33 S. Front St., hosts the Friends of the Library book sale from 10 a.m. to 5 p.m. through Saturday...
91. Archived Article: Memos
- Wednesday, February 13, 2002
Martin W Martin W. Brown and Richard J. Myers have become members of Apperson, Crump & Maxwell PLC, 6000 Poplar Ave., Suite 400. Brown earned a bachelors degree from Rhodes College and a law degree from Washington University in St. Louis. Myers,...
92. Archived Article: Lead (wargl)
- Friday, July 13, 2001
Waring Cox and Glankler Brown happy with joint venture Glankler Brown, Waring Cox happy with joint venture By SUE PEASE The Daily News Since news leaked out of law firm Waring Cox PLC joining with Glankler Brown PLLC, both firms office phones have b...
93. Archived Article: Real Review
- Tuesday, January 02, 2001
Quantum House goes on auction block Quantum House goes on auction block Jan. 21 The high-tech Quantum House, located in Midtown, goes up for absolute sale this month when John Roebuck and Associates offers the property at auction. Hayes-Wright Const...
94. Archived Article: Real Briefs
- Tuesday, December 05, 2000
The U The U.S. Department of Housing and Urban Development awarded $6.5 million in housing counseling assistance grants to 12 national, regional and multi-state intermediary agencies, including $324,000 to West Tennessee Legal Services Inc. in Jacks...
95. Archived Article: Walgreens (lead)
- Friday, July 14, 2000
Walgreens starts Holmes/Riverdale store Walgreens investment growing in Memphis By LAURIE JOHNSON The Daily News Walgreens this week is continuing its press into the Memphis retail drug market, launching construction of one store and opening the doo...
96. Archived Article: Calendar
- Monday, June 12, 2000
Calendar of events: June 5 11 Calendar of events: June 12-18 June 13 The Tennessee Department of Environment and Conservation will host a water supply public meeting from 7 p.m. to 8:30 p.m. at the Big Foot Community Center, 23 Henry Ave. The meetin...
97. Archived Article: Comm Briefs
- Friday, June 09, 2000
Adults can get an advance look at the new Central Library at a Topping Off ceremony from 5 p Adults can get an advance look at the new Central Library at a Topping Off ceremony from 5 p.m. to 8 p.m. June 22 at 3030 Poplar Ave. The ceremony will incl...
98. Archived Article: Comm Focus
- Friday, April 07, 2000
By Stacey Wiedower Activities abound as spring arrives By Stacey Wiedower The Daily News Spring is finally here. The sunshine lasts a little longer, the weathers nice every other day or so, and Mid-Southerners from all corners of Shelby County and b...
99. Archived Article: Comm Briefs
- Friday, March 31, 2000
More than 100 clergy and elected officials are expected to gather for a prayer breakfast beginning at 8 a More than 100 clergy and elected officials are expected to gather for a prayer breakfast beginning at 8 a.m. Saturday in the Peabody Hotel Skyw...
100. Archived Article: Real Briefs
- Tuesday, January 11, 2000
Shelby County Mayor Jim Rout will install new officers and board members at the Associated Builders and Contractors annual mee Shelby County Mayor Jim Rout will install new officers and board members at the Associated Builders and Contractors annual...