VOL. 127 | NO. 129 | Tuesday, July 3, 2012
Memphis City Council members have worked out just about all of the questions about changes to the Unified Development Code.
Subleasing hits record high amid continuing economic uncertainty
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.
A Canadian real estate investment group has purchased a 157,000-square-foot industrial warehouse in South Memphis for $1.5 million, marking the firm’s second Memphis acquisition in 18 months.
In 1987, Dr. Scott Morris, a physician and United Methodist minister, founded the Church Health Center, a health care ministry that serves the working poor and their families.
For more than a year and a half, the reformation of public schools in Shelby County has followed a flow chart all sides in the historic movement agreed were likely moves before everything was decided.
Tuition increases for the fall approved last week by the Tennessee Board of Regents come as years of tight funding by the state for colleges, universities and community colleges may be about to ease.
The Memphis City Council will meet Tuesday, July 3, at 3:30 p.m. in the Council chambers in City Hall, 125 N. Main St. Click on the meeting icon for a full agenda.
REAL ESTATE RECAP
160 Madison Farms Drive, Collierville, TN 38017 -
Arenda Capital Management, a Los Angeles-based private real estate investment firm, has bought the 324-unit Madison at Schilling Farms apartment complex in Collierville for $32 million.
Last week we shared opportunities to enjoy the weekend while easily and affordably giving back to our community. This week let us spotlight a Memphis City Beautiful program that is empowering citizens to become more proactive in keeping our streets clean and curbing litter: 52-CLEAN.
LITTLE ROCK, Ark. (AP) – Arkansas Gov. Mike Beebe said Monday he'll decide before next year's legislative session whether to expand Medicaid under the federal health care overhaul that was upheld by the U.S. Supreme Court last week, but said he's inclined to move forward with the plan.
NEW YORK (AP) – Lending to small businesses is recovering after a four-month decline.
WASHINGTON (AP) – U.S. manufacturing shrank in June for the first time in nearly three years, adding to signs that economic growth is weakening.
ATLANTA (AP) – SunTrust Banks Inc. announced Monday that David Stevens will not join the company's mortgage business as previously announced.
WASHINGTON (AP) – A surge in homebuilding pushed U.S. construction spending up by the largest amount in five months, the latest indication that the housing sector is slowly recovering.
WASHINGTON (AP) – GlaxoSmithKline LLC will pay $3 billion and plead guilty to promoting two popular drugs for unapproved uses and to failing to disclose important safety information on a third in the largest health care fraud settlement in U.S. history, the Justice Department said Monday.