VOL. 117 | NO. 114 | Thursday, June 12, 2003
Coco & Lillys brings
Coco & Lillys brings
high fashion Downtown
Peabody Place is home to the newest outlet of Coco &
Lillys, an East Coast clothier with eight stores between New York City and Miami.
The store on the Downtown malls lower level is tailored for
the cost-conscious consumer who has an eye toward the fashions seen on New
Yorks runways, said store manager David Amstel.
Hours are 10 a.m. to 10 p.m. Monday through Saturday, and
noon to 6 p.m. Sunday.
honor advertisings best
Memphis Advertising Federation hosts the Pyramid Awards
Friday at the Park Vista Memphis, 939 Ridge Lake Blvd. The ceremony starts with
a reception at 6 p.m., followed by a seated dinner and awards presentation at 7
The Pyramid Awards recognize those who have made notable
contributions to the advertising industry.
Tickets are $50 for MAF members, $70 for non-members and
$600 for tables of 10. For reservations, call 725-6231 or e-mail email@example.com.
Middle Tenn. bank buyout
First South Bancorp, FirstBanks holding company, finalized
the acquisition of the Bank of Murfreesboro, said board chairman James W.
The acquisition represents a step in FirstBanks long-term
plan to increase its Middle Tennessee presence.
Under the agreement, Murfreesboro Bancorp shareholders
received $21.25 per share. The deal was valued at $26.8 million.
gets new ownership
Four Crye-Leike Inc. representatives purchased the six-story
historic Winchester Building
at Third Street and Madison Avenue.
The company plans to open a nine-person office in the
101-year-old historic site. Crye-Leike will provide full real estate services
with an emphasis on property management from the Downtown location.
The company has management contracts with seven Downtown
owners associations and property owners. The building was purchased for $1.3
million from a limited partnership whose principals are Dean Jernigan and
According to Center City Commission officials, the ownership
group received approval in May to assume the remaining six years of the 25-year
payment-in-lieu-of-taxes issued by the Center City Revenue Finance Corp.
in 1984 when the building underwent extensive renovations.
The four investors in Scimitar LLC, the firm that purchased
the building, include Dick Leike, Crye-Leike Inc. co-founder and president;
Chet Whitsitt, a company vice president; Collins Mikell, property manager; and
Tony Fletcher, property management president. The firm is spending $60,000 to
finish its 1,500-square-foot office, as well as $160,000 on renovations of the
copper canopy, wrought iron exterior, elevators and lobby, CCC officials said.
The building was the original location of the Memphis Press
Creative Kitchens set
to open Miss. location
Southaven, Miss., Mayor Greg Davis will mark the official
opening of Creative Kitchens DeSoto County showroom at 3964 Goodman Road at 11
a.m. June 19.
Store owners Denson Ford and Mike Donovan said response to
the new showroom has been positive. Award-winning kitchen designer Nancy Miller
is store manager.
It is Creative Kitchens third location.
Entry deadline nears
for Beautiful entries
Entry deadline for Memphis City Beautiful Commissions 17th
annual Beautiful Business Awards is noon Friday.
For information, call 522-1135.