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VOL. 130 | NO. 206 | Thursday, October 22, 2015

Daily Digest

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Boyle Sells Winchester Distribution Center

Delaware-based Olymbec USA LLC is the new owner of the Winchester Distribution Center at 444 Winchester Road.

Boyle Investment Co., acting as Winchester Distribution Center LP, sold the warehouse for $2.7 million.

According to the Shelby County Assessor of Property, the Class B warehouse is 362,500 square feet and appraised at $2.4 million.

Nickey Warehouses Inc. occupies 130,000 square feet.

Olymbec, an entity of Montreal-based Olymbec Corporate Group, has been an active buyer in the Memphis market in recent years. Among its holdings, Olymbec owns the 13-building, 1.8 million-square-foot Bellbrook Industrial Park, which it bought in late 2013 for $23.3 million.

– Madeline Faber

Pizza Chain Sets its Sights On Memphis for New Locations

A new pizza chain is coming to Memphis and says it wants to open as many as 10 restaurants in the area over the next few years.

Donatos Pizza says its growth will be driven by franchising and is part of an overall expansion in Tennessee that also includes the Nashville and Knoxville areas. The first Tennessee Donatos – a restaurant known for toppings that extend to the edge of the pizza – is opening in Nashville by the end of the year.

The restaurant serves strombolis, sub sandwiches and salads in addition to its “Edge-to-Edge” pizza. Donatos also offers delivery and catering services, along with 26 toppings for customizable and signature pizzas.

The company says its average store is about 2,000 square feet and the 2014 average volume nationwide, per store, was a little more than $1 million.

– Andy Meek

St. Jude Prepares to Launch Latest Fundraising Campaign

St. Jude’s annual “Thanks and Giving” campaign is a few weeks away from launch.

What began as a holiday-focused fundraising effort by St. Jude has now grown into an annual tradition that has raised more than $588 million, funds that support St. Jude’s mission to provide cutting-edge treatment and pursue visionary research. The campaign unites celebrities, media, retail and corporate partners in asking consumers to donate while they shop.

Beginning in November and running through the end of December, consumers can support St. Jude while they shop at a variety of businesses representing a cross-section of brands in retail, restaurant, travel, hospitality, media and more.

Top returning campaign partners include Kmart, Best Buy, Kay Jewelers, Domino’s, Williams-Sonoma and AutoZone, among others.

Among highlights from the partners, AutoZone, returning for its 10th year as a partner, will ask customers to donate at checkout via the credit pad. Customers will also be able to donate through a fully integrated online shopping cart at Best Buy, Ann Taylor, LOFT, Claire’s and ICING.

Customers will now be able to donate via the register’s pin pad at GameStop, The Limited, Crazy8 and Janie and Jack locations nationwide.

– Andy Meek

Sullivan Branding Adds Three New Hires

Sullivan Branding has added three new employees across its departments.

On the creative team, Chris O’Brien has joined as creative director and specializes in the design, development and implementation of creative campaigns. He previously worked as associate creative director at Archer Malmo.

Sullivan Branding’s account service team, meanwhile, has added account manager Alayna Brown and account coordinator Helena Kooi. They work directly with clients to plan, develop and implement branding and marketing strategies.

– Andy Meek

Fuente, Lynch Earn Weekly Honors

In the aftermath of the Saturday, Oct. 17, University of Memphis football win over Ole Miss, U of M coach Justin Fuente has been named the Dodd Trophy Coach of the Week.

And Tigers quarterback Paxton Lynch has been named offensive player of the week by the Tennessee Sports Writers Association.

The Dodd Trophy honors are based on scholarship, leadership and integrity as well as winning.

“Memphis has established itself as a team to keep an eye on for the rest of the season,” said Jim Terry, chairman of the Bobby Dodd Coach of the Year Foundation.

Lynch took the weekly sports writers honors for the second time this year. He was last honored by the group for last month’s Tiger victory over Kansas.

The sports writers noted Lynch’s passing for 384 yards and three touchdowns in the Tiger victory over Ole Miss, which was his fifth straight game passing for 300 yards or more and the ninth of his career.

Earlier this week, Lynch was selected as the American Athletic Conference Offensive Player of the Week and was again named one of eight “Stars of the Week” by the Manning Award, sponsored by the Allstate Sugar Bowl.

– Bill Dries

Bash for Adults Planned At Teen CLOUD901 Lab

For one night only, adults are taking over the teen lab space in the Benjamin L. Hooks Central Library.

The Memphis Library Foundation is hosting a party inside CLOUD901, the new lab that opened last month at 3030 Poplar Ave., on Nov. 7 starting at 7 p.m.

Food from multiple Memphis’ chefs will be served, as well as beer and wine.

Among other things, teens in the space get access to audio and video equipment, 3-D printers, Xboxes, PlayStation 4s, MacBook Pros and Airs, monitors, keyboards, microphones, headsets and more, all of which will be available to adult attendees of the party Nov. 7.

Event sponsors include Archer Malmo, Clarion Security, Diversified Trust, Grinder, Taber & Grinder and Ingram Content.

Tickets are available for $50 per person from now until Nov. 1, when the price rises to $65 per person. Visit memphislibraryfoundation.org for more information or to purchase tickets.

– Andy Meek

Halloween Benefit Set For Church Health Center

A Halloween bash to benefit the Church Health Center is set for Stop 345 at 345 Madison Ave. Oct. 31.

Partygoers for the Oct. 31 event, which starts at 9 p.m., will enjoy entertainment from Lord T & Eloise, DJ Witnesse and DJ Lil’ Eggroll. Guests also will enjoy an open bar, “zombified” gummy bears and food from local restaurants like the Double J, Pete & Sam’s and Molly’s La Casita.

The Amurica photo booth will be on hand to provide free photos for guests. A costume contest for Best Female, Best Male and Best Couples costumes will take place, and next door to Stop 345, Tad Pierson’s indoor trailer park will be open for people to hang out.

Tickets are $40 in advance and can be purchased at www.sinnersforsaintsball.com, or $50 at the door. Event proceeds will be donated to the Church Health Center.

– Andy Meek

PROPERTY SALES 74 196 20,828
MORTGAGES 86 244 23,989
BUILDING PERMITS 138 453 43,046
BANKRUPTCIES 64 174 13,354