VOL. 130 | NO. 57 | Tuesday, March 24, 2015
East Raines Warehouse Sells to New Jersey-Based Investor
A New Jersey-based investor has acquired a Memphis industrial property for $1.1 million.
E. Raines 4949 LLC, which lists a mailing address in Lakewood, N.J., acquired the 182,136-square-foot warehouse at 4949 E. Raines Road from Missouri-based MHB LLC, according to a March 19 warranty deed.
The Class B warehouse was built on nearly 14 acres in 1971. The Shelby County Assessor of Property’s 2014 appraisal is $1.7 million.
Source: The Daily News Online & Chandler Reports
– Amos Maki
Grizzlies Players Hosting Read to Achieve Event Thursday
The Memphis Grizzlies are will host the 2015 Read to Achieve Celebration on Thursday, March 26, from 10:30 a.m. to 11:30 a.m. at FedExForum.
Grizzlies players Courtney Lee, Nick Calathes, Jordan Adams and JaMychal Green – along with representatives from event sponsors International Paper, Southern College of Optometry and KPMG – will be on hand to reward 3,000 elementary students who successfully completed the 2015 Memphis Grizzlies Reading Challenge. Students taking part in the annual celebration read at least six books in six weeks.
In total, 56 Mid-South schools participated and collectively read more than 20,000 books throughout the six-week period. All students who participate in this year’s Read to Achieve Celebration will receive an age-appropriate book courtesy of KPMG’s partnership with First Book. Participating students from Shelby County Schools, DeSoto County Schools, Collierville Schools and Millington Municipal Schools will be transported to FedExForum to celebrate their literary achievements.
The NBA’s Read to Achieve program, presented locally by International Paper, is a year-round campaign to help young people develop a life-long love for reading and to encourage adults to read regularly to children.
Supported by all 30 NBA teams, Read to Achieve reaches about 50 million children each year.
– Don Wade
Park Avenue Massage Parlor Closed As Public Nuisance
A Park Avenue business with a stripper pole in its waiting room has been closed since Friday, March 20, as a public nuisance.
The District Attorney General’s office sought a court order to shutter Lilly’s Spa. The owners of Lilly’s face prostitution charges from a connected investigation by the Memphis Police Organized Crime Unit.
The unit sent undercover officers into the business several times, according to court documents, with the undercover officers being “propositioned to pay money to the ‘massage therapists’ in return for sexual services.”
The District Attorney’s office also pointed to ads for Lilly’s online at pornographic websites as well as a help-wanted ad that said, “Background in exotic entertainment is a plus.”
The owner of the property at 3450 Park Ave. is due before General Sessions Environmental Court Judge Larry Potter Wednesday for a hearing on the temporary injunction and restraining order he granted last week that closed the business.
The property, originally built as a house in 1947, is owned by Al Mueed Enterprises LLC of Collierville which purchased it last June from Cadence Bank NA for $50,500, according to the Shelby County Assessor’s office. Al Mueed owns 13 other properties in Memphis, according to Assessor records.
In closing the business, Danielle Turner and Melanie Gibson were charged by police with promoting prostitution, prostitution, impersonating a licensed professional, money laundering and violating laws governing adult-oriented businesses
Prosecutors allege Turner is the owner of the business.
– Bill Dries
Enrollment Open for Job Training, Placement Program
The Memphis Clean and Green Job Training Program has opened enrollment for free job training and placement assistance to unemployed, under-employed and dislocated residents of Shelby County.
An Environmental Protection Agency grant partly funds the program. Weekly information sessions for interested participants take place on Tuesdays at 10 a.m. The meetings are held at Memphis Bioworks’ office, 20 Dudley St., on the first floor.
The program is administered by Bioworks in partnership with other area organizations. Its goal is to train 75 local workers in jobs such as environmental technician, emergency response technician, energy auditor and abatement specialist as well as various positions in the construction industry.
Training is provided at no cost to participants, and job placement assistance is provided upon successful completion of the program.
To qualify for the program, applicants must be Memphis residents and at least 18. Applicants must have a high school diploma or GED, and they must be unemployed or earning less than $15 an hour. Additional qualifications can be found on the Memphis Bioworks website at memphisbioworks.org.
– Andy Meek
Tigers Scrimmage to Prepare for Spring Football Game
The University of Memphis football team closed out a busy week of spring camp with a 100-play scrimmage March 22 in the team’s sixth practice of the 2014 spring camp.
“I think they continue to get better and continue to acknowledge that we’ve got work to do, which is kind of the first step: acknowledge that we’ve got a lot of work to do,” head coach Justin Fuente said.
The Tiger offense scored a pair of touchdowns through the air and a pair on the ground in the scrimmage. The first touchdown of the scrimmage was a 36-yard pass completion from Paxton Lynch to Frank Wims. Lynch also completed a 35-yard pass to Tevin Jones for a touchdown later in the scrimmage.
The Tigers’ ground game also put two scores in, one from three yards out and the second from five yards out. Jarvis Cooper scored one of the two rushing touchdowns with his offensive unit.
The Memphis defense, with a large contingent of newcomers this spring, forced a pair of fumbles, had three sacks and a trio of tackles for loss.
“They’re (the defense) continuing to find themselves too,” Fuente said. “Now it’s a whole cast of new guys, so you’ve got to continue to tweak the system and find out guys’ skill sets and try to play the best towards that.”
The spring camp will wrap up on Friday, April 10, with the spring game at Liberty Bowl Memorial Stadium.
– Don Wade
Haslam to Meet With School Districts on Funding Formula
Gov. Bill Haslam is scheduled to meet with representatives of the school districts in Tennessee’s four largest cities to discuss their grievances about state funding.
The Republican governor is hoping to avert a lawsuit seeking to direct more funding to urban areas. Haslam’s office confirmed the meeting was scheduled for Monday afternoon at the Capitol.
Nashville, Memphis, Chattanooga and Knoxville have argued that the state’s funding formula is not adequately funded, and they’re considering litigation against the state.
Haslam appointed a task force last year to study the funding formula.
Last month, the governor announced in his State of the State address that he’s putting $44 million into the Basic Education Program.
The program hasn’t been fully funded since it was overhauled about eight years ago under then-Gov. Phil Bredesen.
– The Associated Press