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VOL. 132 | NO. 138 | Thursday, July 13, 2017

Daily Digest

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Royal Studio Marks 60 Years With Studio Concert, Dinner

Royal Studio, the South Memphis recording studio where Al Green recorded his hits of the 1970s and Bruno Mars recorded “Uptown Funk” more recently, is kicking off its 60th anniversary with a July 28 concert and “soul food dinner” at the studio.

The event is the first of a three-part anniversary celebration for the studio that was also home to the Hi Records label. The limited-seating concert will feature the Bo-Keys and Don Bryant. Bryant was among the Hi Records recording artists of the 1970s and recently released a new album that has garnered critical acclaim.

Early bird tickets are $200 through July 28.

– Bill Dries

Aaron Thomas Co. Expands Memphis Footprint

Los Angeles-based packing company Aaron Thomas Co. is growing its Mid-South footprint with the recent purchase of a 400,000-square-foot facility at 4834 S. Mendenhall Road from Glencore Cotton Storage USA.

Brad Murchison of Colliers International represented Aaron Thomas in the $6.1 million transaction, while Preston Thomas, also with Colliers International, represented the seller.

“The acquisition of 4834 S. Mendenhall by Aaron Thomas Co. was strategic in the fact that the building is in close proximity to their current operation located at 5649 Distribution Drive consisting of 240,000 square feet,” Murchison said. “The additional 400,000 square feet will provide Aaron Thomas the ability to meet the contract packaging demands of its current and future customer base that have the need to be serviced out of Memphis.”

Founded in 1973, Aaron Thomas is a full-service contract packaging company with offices in Los Angeles, Chicago and Memphis. The Memphis office opened in 1988, according to its website.

“Already with locations in Chicago and Los Angeles, the newly expanded Memphis packaging location completes a strategic triad of contract packaging service facilities,” its website goes on to say.

Built in 1978, the 400,000-square-foot distribution facility includes a 150-foot-deep truck court, 22-foot clear height and 6,500 square feet of office space.

– Patrick Lantrip

Butch Pierre Joins U of M Men’s Basketball Staff

Longtime college assistant coach Butch Pierre has been hired as director of player personnel at the University of Memphis.

“He is someone that I have known of for many years, having coached against him at almost every one of his stops,” said Tigers head coach Tubby Smith. “He has a deep knowledge of how major basketball programs are run, and will be able to add a lot to our program.”

Pierre most recently served as an assistant head coach at North Carolina State during the 2016-17 season. At N.C. State, he helped coach recent NBA lottery pick Dennis Smith Jr., who was drafted with the No. 9 overall selection by the Dallas Mavericks.

“I’m excited to be here,” Pierre said. “I know about the program’s rich tradition, and what the people around the city and the country think of the program.”

Before his season with the Wolfpack, Pierre spent eight seasons on the staff at Oklahoma State, where he was the associate head coach. The Cowboys made five NCAA Tournament appearances with Pierre on staff.

Prior to his eight seasons with the Cowboys, he spent 11 seasons at LSU, first as assistant coach and later associate head coach. Among his time at LSU, he helped lead the program to the NCAA Final Four following a Southeastern Conference (SEC) Championship in 2005-06, and the program had four NCAA Tournament berths in his time there. He was the interim head coach at LSU for the final 10 games of the 2007-08 season, leading the team to a 5-5 record during his brief stint.

He also worked as an assistant coach at Charlotte (1996-97) and led the program to the NCAA tournament and a Conference USA title. At Louisiana-Lafayette (1989-96), he spent his final six seasons with the Ragin’ Cajuns as the associate head coach. While at Louisiana, the school won its first-ever still-recognized NCAA Tournament game, while winning the Sun Belt Conference.

He made his assistant coaching debut in 1984-85 as a graduate assistant at his alma mater of Mississippi State before accepting his first full-time coaching position in 1986 with Kentucky State, where he stayed for two seasons.

– Don Wade

Council OKs New Homes, Sets Overton Gateway Vote

The Memphis City Council approved Tuesday, July 11, a set of three single-family homes by Richmark Homes LLC on the southeast corner of East Irvin Drive and Park Avenue.

Council members also delayed for two weeks a vote on a used car dealership on the site of the old Platinum Plus strip club at 2514 Mount Moriah Road at American Way.

And the council set a July 25 hearing and vote on the Overton Gateway multifamily apartment development proposed for both corners of Sam Cooper Boulevard at East Parkway.

Other items approved Tuesday included acceptance of Shelby County government’s $4.9 million share of the Crosstown Concourse project, as agreed to in 2014. City government’s share of funding for the $180 million project is $15 million. The council also approved a $70,695 change order increase to Wagner General Contractors’ repairs and improvements to the Memphis Zoo’s “Once Upon A Farm” exhibit.

– Bill Dries

Dominion Partners to Lease Space in Crye-Leike HQ

Memphis-based Dominion Partners Wealth Management has signed a five-year lease to occupy just under 2,000 square feet in the Crye-Leike Regional Headquarters building, 6525 Quail Hollow Road

Bill Caller with Crye-Leike Commercial negotiated the lease on behalf of the tenant, while Eric Fuhrman, also with Crye-Leike Commercial, represented the landlord.

Dominion Partners’ suite will be located on the third floor of the 96,000-square-foot office building, which also is occupied by Crye-Leike Realtors, its related affiliated companies and Pinnacle Bank.

– Patrick Lantrip

Developer Sells Pair of Bartlett Office Buildings

Freestanding office buildings at 6590 and 6591 Summer Ave. in Bartlett have sold for just less than $1 million.

Brian Califf, executive vice president with NAI Saig Co., represented the seller, Den Con Partnership, who originally developed the properties.

According to Califf, the buyer, Jeffery Hedwall, bought the properties for investment purposes after completing a 1031 exchange.

Both properties were fully occupied at the time of the sale.

– Patrick Lantrip

Ford Enters Alford Plea On Domestic Assault

Shelby County Commissioner Justin Ford was at committee sessions Wednesday, July 12, the day after entering an Alford plea to misdemeanor aggravated assault in General Sessions Criminal Court.

Ford was originally charged with felony aggravated assault and false imprisonment in April after allegedly attacking his girlfriend while she was driving Downtown and he was a passenger in the car. She then pulled into the parking lot of a fast food restaurant where the attack allegedly continued.

The false imprisonment charge was later voided and the assault charge was reduced to a misdemeanor.

In return for the Alford plea, in which Ford maintained his innocence but acknowledged there was enough proof for a jury to possibly convict him, Ford agrees to 11 months and 29 days on probation and to pay a total of $295.50 in various court fees that are due by Aug. 11.

– Bill Dries

PROPERTY SALES 57 280 1,209
MORTGAGES 55 244 916
BUILDING PERMITS 158 699 2,751