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VOL. 9 | NO. 42 | Saturday, October 15, 2016

Daily Digest

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Crosstown Concourse Gets New Restaurant Concept

A new start-up organic vegetarian restaurant concept is launching in Memphis, debuting at Crosstown Concourse in early 2017.

The concept is Mama Gaia, from restaurateurs Philipp and Cru Peri von Holtzendorff-Fehling. It’s a fast-casual dining experience offering an exclusively organic vegetarian menu. The restaurant signed a lease for its debut location at 1350 Concourse Ave., Suite 137, with plans to open early next year.

The concept will offer a fresh, artisanal vegetarian menu for breakfast, lunch and dinner, as well as several vegan and gluten-free options. Menu items, created by Chef Cru Peri, will be handmade to order using organic ingredients. Mama Gaia will also offer grab-and-go options, as well as on- and off-site catering.

Shawn Massey, broker for The Shopping Center Group, represented Crosstown Concourse on the lease. Danny Buring of The Shopping Center Group represented Mama Gaia in the deal for the 2,400-square-foot space.

– Andy Meek

Avery Earns Defensive Honor From Sports Writers

University of Memphis junior linebacker Genard Avery has been named the Tennessee Sports Writers Association’s (TSWA) Defensive Player of the Week after he tied his career-high with nine tackles in a comeback 34-27 win over American Athletic Conference defending East Division champion Temple on Oct. 6.

With the score tied at 13 with 1:17 remaining in the third quarter, Avery picked off a pass jarred loose by teammate Shareef White and returned it 23 yards for his second pick-six interception of the season.

Avery, who was also named to the American Athletic Conference honor roll for Thursday night’s performance, leads Memphis with 35 tackles. He leads Memphis with five tackles for loss, two interceptions and three quarterback hurries. This is the first career honor for Avery from the TSWA and is also the first honor for a Tiger this season from the organization.

Memphis plays its next two games on the road in conference play, traveling to New Orleans for a Friday, Oct. 14, game at Tulane. That game will be broadcast on ESPNU beginning at 7 p.m. Memphis then plays at Navy on Saturday, Oct. 22, at 2:30 p.m. (CT) in a game that will be carried on the CBS Sports Network.

– Don Wade

Bradley Jackson to Lead TN Chamber of Commerce

Tennessee’s most prominent statewide business advocacy and trade association has named Bradley Jackson, a well-known business insider on Capitol Hill, as the new president and CEO of the Tennessee Chamber of Commerce & Industry.

“He has demonstrated beyond any doubt his ability to effectively run a complex organization, and we are excited about his vision for the chamber,” said Greg Martz, chairman of the Tennessee Chamber board of directors in a statement. “After a number of conversations with elected officials and business leaders across Tennessee, we came to the unanimous conclusion that, based on Bradley’s vision and the respect that he carries with legislative and business leaders, he is the right choice to lead the Chamber long term.”

The Tennessee Chamber also serves as the Tennessee Manufacturers Association and counts the state’s most prominent businesses as members.

Jackson has more than a decade of experience in leading some of the business community’s most successful initiatives. He previously served as the chamber’s vice president for government affairs, heading up the implementation of its annual legislative agenda. During his tenure, the chamber achieved a number of successes in the areas of workers’ compensation reform, business taxes and workforce initiatives. The chamber has accomplished more than 90 percent of its legislative goals during the time Jackson steered Government Affairs.

Prior to joining the Chamber, Jackson worked in a variety of roles in Tennessee state government. He was on the research staff of the Senate and House Finance Ways & Means Committees, headed up lobbying for the Tennessee Department of Financial Institutions, and played a strategic role on behalf of the Governor’s office in a number of operational and strategic initiatives.

“The Tennessee Chamber has a bright future, and I am honored to be selected to this position,” Jackson said. “I will work to continue our tradition of strong legislative advocacy and government affairs, and growing relationships with business leaders. I look forward to focusing on the needs of our member companies as we work to develop programs that benefit them and continue to make Tennessee a great state for business.”

A native of Lawrenceburg, Jackson is a graduate of the University of Tennessee-Knoxville.

– Daily News staff

UTHSC Professor Wins $270,000 Research Grant

Dr. Hongsik Cho, an assistant professor in the Department of Orthopaedic Surgery at the University of Tennessee Health Science Center, has received a $270,000 grant from the Arthritis Foundation to research new treatment options for osteoarthritis.

The purpose of Cho’s research is to develop a drug delivery system using small packets called nanosomes to enclose drugs, and a fluorescent dye to repair damaged cartilage in the knee. The research team is testing a therapeutic drug called TPCA-1 that will hypothetically hinder the activation of the main controller of induced inflammation in the body, reducing pain and inflammation that can lead to osteoarthritis.

According to Cho, the project has the potential to help with early diagnosis of the issue.

– Andy Meek

LeMoyne-Owen Hosts Talk With Local Women Leaders

The Brian Clay Chronicles is set to present “The Golden Renaissance of Women in Memphis Leadership” at LeMoyne-Owen College on Wednesday, Oct. 19, beginning at noon. The event, which is free and open to the public, will be held in Brownville Hall on campus, 807 Walker Ave.

The discussion will feature four Memphis women who have made great strides in the community and business: State Rep. Raumesh Akbari; Rose Flenorl, manager of social responsibility at FedEx, Shelby County Commissioner Heidi Shaefer; and Sheila Whalum, author and first lady of New Olivet Baptist Church.

The discussion will center on their accomplishments, what women can do to assist in the future growth of the Bluff City and how the community can support their efforts. The afternoon will also include a tribute to the late Lois DeBerry, former speaker pro tempore of the Tennessee House, who served in the state Legislature from 1972 until her death in 2013.

– Don Wade

Campaign for School Equity Founder Up for Award

Campaign for School Equity, a local nonprofit education advocacy organization, has been selected as a finalist for Forbes’ Under 30 Summit Change the World Competition. The competition was open to social entrepreneurs from around the country who are younger than 30 and are leading initiatives to improve education outcomes across.

CSE founder and executive director Mendell Grinter, who is 25, is one of the finalists selected by Forbes. Grinter and members of his organization’s team will travel to Boston on Tuesday, Oct. 18, to compete on stage at the Forbes Under 30 Summit, where the eight finalists – four for-profit companies and four nonprofits – will split $1 million in prize money. The grand prize winner in the nonprofit competition will receive a cash grant of $50,000, while the runners-up will each receive $25,000. Forbes also is offering an in-kind media grant worth $375,000 in the nonprofit competition.

“We know that our work to address the inequities that exist in Memphis schools is essential, and the Forbes announcement is further motivation and validation,” Grinter said in a statement. “We look forward to elevating our efforts to be a voice for students in the months and years to come.”

More than 1,000 social-based entrepreneurs under the age of 30 entered the Forbes Change the World competition. Fewer than 20 were selected as semifinalists. Campaign for School Equity received news of its selection as one of the final four on Saturday, Oct. 8.

The mission of Campaign for School Equity is to ensure that all children, especially those of color, and families in Tennessee have access to high quality education choices.

– Don Wade

The Orpheum Holding Auction, Raffle Nov. 5

The Orpheum Theatre Group is presenting Glitter & Gold – the 38th Annual Auction on Nov. 5. The event is The Orpheum’s largest fundraiser of the year, and proceeds benefit The Orpheum Theatre Group’s community and education programming.

The 38th annual auction will kick off with a two-week online auction beginning Oct. 17 that features experiences like the FedEx St. Jude Classic, season tickets, hotel stays and more at auction.orpheum-memphis.com. The auction season will culminate on Nov. 5 at 6:30 p.m. with a silent and live auction at The Orpheum Theatre, 203 S. Main St. Guests will enjoy food, an open bar and hundreds of items on which to bid.

In addition to the auction festivities, The Orpheum will host a live drawing at the event for its Annual Raffle. This year’s grand prize is a 1966 Ford Mustang convertible donated by The Mustang Fund. Raffle tickets are $100 per entry, and are available for purchase now through the drawing on the night of the auction.

Raffle entrants do not have to be present to win.

Visit orpheum-memphis.com/raffle for a complete list of rules. Admission to the 38th annual auction is $125 per person.

Tickets for both the auction and raffle are on sale now online at orpheum-memphis.com, by calling 901-525-7800, and at the ticket counter at The Booksellers at Laurelwood.

Tickets may also be purchased at the door.

– Andy Meek

Uptown Flats Sees $9.8M in Construction

Construction continues on the Uptown Flats apartment project backed by Nashville-based Elmington Capital Group.

The contractor, Patton & Taylor Enterprises LLC, filed a $5.2 million building permit for a three-story multifamily building at 626 N. Front St. Patton & Taylor also filed a $4.6 million building permit for new multifamily construction at 661 N. Main St.

In August, Elmington Capital Group applied for a $9.8 million building permit for new construction at 645 N. Main St.

Overall, The Uptown Flats development will bear 155 units at the northwest corner of North Main Street and Saffarans Avenue.

– Madeline Faber

Mallory Alexander Expands in Miami

Mallory Alexander International Logistics of Memphis has opened a new office and warehouse in Miami that includes a Foreign Trade Zone designation, a container freight station, bonded warehouse and In-Bond Export Consolidator warehouse.

Mallory Alexander executives said Tuesday, Oct. 11, the new facility will focus on liquor, consolidated freight, clothing and electronics.

The Miami facility will be managed by Alberto Martino Jr. and Alberto Martino Sr. The senior Martino is the former chief executive officer of Interport Logistics, a freight forwarder.

The new warehouse will be able to store and handle cargo to and from South America, Central America and the Caribbean, as well as global locations for importing and exporting.

Mallory Alexander opened a new location in Houston this summer and officially opened its Shanghai office.

– Bill Dries

Canada Road Ramp Closing for 3 Months

The eastbound Canada Road ramp onto Interstate 40 in Lakeland will close for three months starting Wednesday, Oct. 12, after the afternoon rush hour.

The ramp will close at around 9 p.m., according to the Tennessee Department of Transportation, which is building a new entrance ramp as part of a $28.2 million new interchange to be completed at the end of May.

The detour for the closing of the east ramp is to head south on Canada Road and east on U.S. 64, then north on state route 385 and take Interstate 40 eastbound. There will be signage marking the detour.

– Bill Dries

Germantown Retail Strip Sells for $1.8 Million

A Germantown shopping strip has sold for $1.8 million in a Sept. 30 warranty deed.

Kneeland Downs Properties LLC, which lists an address in Fort Myers, Florida, purchased the property at 9435 Poplar Ave. from Patton & Taylor Properties, a Memphis-based general partnership,

The 10,080-square-foot Class A shopping strip names Bikes Plus, Green China and State Farm among its tenants. The center was built in 2003 on 1.3 acres on the south side of Poplar southeast of Johnson Road. The Shelby County Assessor of Property’s 2016 appraisal is $1.3 million.

In conjunction with the purchase, the buyer filed a $835,250 trust deed through Paragon Bank that matures Oct. 2, 2036. Rosaria C. Ditter and Richard E. Ditter signed the loan documents as members and co-administrators of the borrower.

– Madeline Faber

Elvis Auction Going Live At Guest House

The latest auction of Elvis Presley-related memorabilia hosted by Graceland went online Tuesday, Oct. 11. And it will move to a live auction setting as one of the first events in the 464-seat theater at the Guest House at Graceland hotel-resort during its opening weekend.

The Oct. 29 auction at Guest House starts at 3 p.m. with viewing of the items at the Guest House the day before and the day of the auction.

The public can attend along with bidders on a first-come, first-served basis.

The auction items include items from Sun Records as well as Presley’s ex-wife and daughter.

Among the items are an “Aqua Blue Vine” jumpsuit Presley wore on stage in 1973 and 1974; a collection of Sun Records artifacts from Presley as well as Jerry Lee Lewis, Carl Perkins and Roy Orbison – The Million Dollar Quartet; the 1954 record stampers for the Sun Records singles “That’s All Right” and its flip side, “Blue Moon of Kentucky”; three checks drawn on Sun Record Co. to Presley, Scotty Moore and Bill Black, paying them for a November 1954 recording session; and a 10-carat diamond Bulgari engagement ring given to Lisa Marie Presley by actor Nicolas Cage.

The online and in-person auction includes four pieces of jewelry once owned by Presley’s ex-wife, Priscilla Presley, with a portion of the proceeds from that sale going to the Elvis Presley Charitable Foundation, which makes donations to Memphis-based charitable organizations.

Participants in the Graceland Auctions events can also contribute to the foundation.

As with past auctions hosted online and in person by Graceland, none of the items in the latest auction are from the Graceland Archives. They are all owned by third-party collectors and are each authenticated by Graceland Authenticated LLC. The archives are owned by Lisa Marie Presley, the entertainer’s daughter, and are not for sale.

– Bill Dries

Hotel Developer Closes On MCA Grad School

A California-based investor has closed on his purchase of the former Memphis College of Art graduate school at 477 S. Main St.

As The Daily News previously reported, Wessman Holdings LLC plans to turn the former Nesin Graduate School into an Arrive hotel.

This will be the fourth location for the boutique hotel brand. (For more details, see The Daily News’ Oct. 6 edition at memphisdailynews.com.)

The 48,000-square-foot building went for $2.5 million in an Oct. 6 warranty deed. Memphis College of Art purchased the building in 2010 for $400,000.

– Madeline Faber

Memphis Grizzlies Sign Forward Vince Hunter

Memphis has signed forward Vince Hunter, who was a member of the Grizzlies’ 2016 NBA Summer League team in Las Vegas. Per team policy, terms of the deal were not disclosed.

Hunter (6-10, 208) appeared in five games (one start) and averaged 11.8 points, 7.0 rebounds, 1.2 assists and 1.80 steals in 21.8 minutes while shooting 57.1 percent from the field.

The 22-year-old Detroit native began his professional career last season, joining the Sacramento Kings for training camp and splitting the season with the NBA Development League’s Reno Bighorns and Panathinaikos in Greece.

Hunter went undrafted in the 2015 NBA Draft following two seasons at the University of Texas-El Paso.

– Don Wade

Chef Kelly English to Join Culinary Event in NOLA

Chef Kelly English of Restaurant Iris is joining the Emeril Lagasse Foundation’s sixth annual Boudin, Bourbon & Beer in New Orleans next month.

English is one of two Tennessee chefs and the only chef from Memphis participating in the annual culinary event, which has grown into one of the Gulf Coast’s top food and music festivals.

Boudin, Bourbon & Beer, set for Nov. 4, features more than 60 local and national chefs preparing their own styles of boudin sausage.

Guests will also enjoy open bars featuring a selection of craft beers, premium cocktails, fine wines, as well as cigars, a silent auction and merchandise from sponsors.

Tickets are on sale for $99 and can be purchased at ticketmaster.com, and that price includes all food, beverage and live entertainment.

All proceeds from the event benefit the Emeril Lagasse Foundation. For more information, visit BoudinBourbonandBeer.com.

– Andy Meek

2016 Liberty Bowl Honoring The Commodores

The Commodores, a Grammy Award-winning group with seven No. 1 hits, have been selected for the 2016 AutoZone Liberty Bowl Outstanding Achievement Award.

Each year, the award is presented in recognition of excellence in the field of music and entertainment. The Commodores will be honored at the President’s Gala on Dec. 29 at 6:30 p.m. at The Peabody hotel, 149 Union Ave.

Past recipients include Danny Thomas, Elvis Presley, B.B. King, Lou Rawls, Clint Black, Little Richard, Alabama, The Beach Boys, LeAnn Rimes, The O’Jays, KC & The Sunshine Band, The Temptations and Big & Rich.

The Commodores will also star in the AutoZone Liberty Bowl’s halftime show on Dec. 30. The game kicks off at 11 a.m. For tickets to the gala or the game, call the AutoZone Liberty Bowl at 901-795-7700 or visit AutoZoneLibertyBowl.org.

– Don Wade

Memphis Sisters to Appear On ABC’s ‘Shark Tank’

Memphis “kidpreneurs” Madison Star and Mallory Iyana will pitch their body-care products to a panel of wealthy business owners and investors on this week’s episode of “Shark Tank”.

The sisters own Angels and Tomboys (angelsandtomboys.com), a tween-focused body-care company that creates lotions and body sprays that are natural, vegan-friendly and paraben-free. Angels and Tomboys’ products come in scents with names such as “Peanut Butter Jelly Time,” “Deep Fried Ice Cream” and “Monkey Farts.”

Star and Iyana were one of 100 selected entrepreneurs from over 45,000 entrepreneurs that submitted applications to pitch to the “sharks.” The sisters hope to dance their way into the sharks’ hearts as they pitch their idea through song and dance.

The sharks are a group of tough, self-made multimillionaire and billionaire tycoons who give budding entrepreneurs the chance to potentially secure lucrative business deals.

They include Mark Cuban, owner and chairman of AXS TV and owner of the Dallas Mavericks; real estate mogul Barbara Corcoran; “Queen of QVC” Lori Greiner; technology innovator Robert Herjavec; fashion and branding expert Daymond John; and venture capitalist and frequent CNBC guest Kevin O’Leary.

“We are thrilled to have this opportunity and what this may mean for our business,” said Madison Star, the older of the two sisters, in a statement. “We are proud to be an inspiration to girls everywhere and super-excited to represent our hometown of Memphis on the show.”

Star and Iyana, accompanied by their mother, Viara, will appear on the “Shark Tank” episode that airs Friday, Oct. 14, at 8 p.m. on ABC.

– Daily News staff

600 Memphis Students Take Manufacturing Tours

Six-hundred students from Shelby County Schools toured local manufacturing companies on Friday, Oct. 7, to explore advanced manufacturing careers in Memphis.

Students from 12 high schools participated in the National Manufacturing Day event, with each school touring a different facility.

Those included Steel Warehouse, Gibson Guitar, Flextronics, Barnhart Crane, Competition Cams, Jordan Aluminum, Mitsubishi Electric Power Products, Smith & Nephew, National Guard Products, SFI of Tennessee, Coca-Cola and Medtronic. On the tours, students received information on possible careers within the industry and the education needed to get there.

“Since 2010, Tennessee has gained more than 45,400 net new manufacturing jobs, the largest increase in the U.S.,” Tennessee Department of Economic and Community Development Commissioner Randy Boyd said in a statement.

“We need to let young people know that there are high-quality and high-paying jobs that are in very high demand in manufacturing, but they need to get the necessary skills and education,” Boyd said.

– Madeline Faber

U of M Shares $3 Million Cybersecurity Grant

The Center for Information Assurance at the University of Memphis will share a $3 million grant from the Department of Homeland Security and Federal Emergency Management Association with four other universities.

On Sept. 23, the DHS/FEMA awarded a Cyber Security Grant to the National Cybersecurity Preparedness Consortium, in which the U of M’s Center for Information Assurance is a core member.

The other partner universities for this project are the University of Texas at San Antonio (UTSA), Texas A&M University, Norwich University in Vermont and the University of Arkansas.

Administered by FEMA, the competitive grant is awarded annually to entities that play an important role in implementing the National Preparedness System.

FEMA provides the funding via cooperative agreements with partners like UTSA to develop and deliver training to prepare communities to prevent, protect against, mitigate, respond to, and recover from acts of terrorism and natural, manmade and technological hazards.

The U of M will receive a sub-award of $503,000 for three years to develop research-based best practices for cyber-identity and authentication.

– Don Wade

UTHSC Professor Wins Colorectal Cancer Grant

Dr. Subhash Chauhan of the University of Tennessee Health Science Center has received a $1.8 million grant to study colorectal cancer.

Colorectal cancer affects more than 1 million people every year, according to UTHSC. It also disproportionately affects African-Americans and people of Native American descent.

The university notes that a recent study identified three main hot spots in the U.S. for the disease, one that includes Tennessee, Mississippi and Arkansas.

The grant is from the National Cancer Institute.

– Andy Meek

Raleigh Apartments Sell for $1.8 Million

A Raleigh apartment complex has sold for $1.8 million.

Mundell Land and Livestock Co. Inc. of Wilton, California, purchased the 112-unit property on 8.4 acres at 4141 James Road from Pine James Road Holdings LLC, an affiliate of California-based Sabal Financial Group LP.

The 99,767-square-foot apartment complex was built in 1973 on James at Water Street.

Pine James Road Holdings bought the complex at a 2014 foreclosure sale for $2.3 million.

– Madeline Faber

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 128 183 20,949
MORTGAGES 130 174 24,535
FORECLOSURE NOTICES 4 27 8,637
BUILDING PERMITS 163 359 42,696
BANKRUPTCIES 61 116 14,018
BUSINESS LICENSES 24 46 6,447
UTILITY CONNECTIONS 29 85 13,596
MARRIAGE LICENSES 24 47 5,116

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