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VOL. 121 | NO. 99 | Wednesday, May 10, 2006

Daily Digest

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Distribution Center Warehouses Sell for $30 Million

CRP Holdings B LP has purchased three buildings in Memphis Distribution Center from New York Life Insurance Co. for $30 million. The purchase includes Building B, a 218,924-square-foot warehouse built in 1996 on 12.54 acres on the west side of Hickory Hill Road; Building C, a 127,440-square-foot warehouse built in 1997 on 8.25 acres on the west side of Hickory Hill Road; and Building K, a 592,766-square-foot warehouse built in 1998 on 26.76 acres on Challenge Drive north of Raines Road.
See the full story Friday.

County Commission to Vote May 22 on District 29 Vacancy

In less than two weeks, the Shelby County Commission will hold a much-anticipated vote on who should temporarily fill the office of state senator for Tennessee's 29th District.
On May 22 at 1:30 p.m., commissioners will cast their votes from the commission chambers in the Shelby County Administration Building, 160 N. Main St.
The senate vacancy was created when the state senate voided the Sept. 15 special election in which Democrat Ophelia Ford defeated Republican Terry Roland by a mere 13 votes. The victory margin was marred by voting irregularities and questions about the legitimacy of some votes, leading the senate to void the election.

Snider & Horner Moves From East to Farther East

Snider & Horner PLLC is moving its law offices from 7700 Poplar Ave. to the Corporate Gardens of Germantown at 9056 Stone Walk Place by Monday of next week.
The newly constructed building will have 7,000 square feet, as well as a private elevator and a multimedia conference room. Snider and Horner will share the space with Covenant Escrow Services Inc., a real estate closing company.
Corporate Gardens is an office complex just south of the intersection of Poplar Avenue and Forest Hill-Irene Road. Snider and Horn was founded in 1996.

Junior League Receives Kudos From Local Foundation

The Junior League of Memphis has been presented the President's Volunteer Service Award by Nora's Life Gift Foundation. JLM is an organization committed to improving communities through action and volunteerism, and volunteers recently renovated rooms at Nora's Home, a hospital hospitality home for families traveling to Memphis to receive medical treatment.
In addition to remodeling eight family rooms and bathrooms, JLM donated $29,000 and spent more than 1,240 hours volunteering at Nora's Home.
The award was established in 2003 and is available to individuals, groups or families who have met or exceeded specific requirements for volunteer service and have demonstrated exemplary citizenship through volunteering.
To find out more, visit www.norashome.org and www.jlmemphis.org.
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 124 481 17,865
MORTGAGES 127 530 20,565
FORECLOSURE NOTICES 4 48 2,693
BUILDING PERMITS 195 891 36,836
BANKRUPTCIES 52 262 11,426
BUSINESS LICENSES 24 139 5,848
UTILITY CONNECTIONS 26 116 6,830
MARRIAGE LICENSES 26 133 4,049