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VOL. 133 | NO. 140 | Monday, July 16, 2018

Daily Digest

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Faropoint Sells Germantown Retail Center for $13M

Faropoint Ventures, doing business as Germantown Square Retail LLC, has sold a 142,000-square-foot retail building to Florida investor Nash Fields LLC for $12.6 million.

Located at 1245 N. Germantown Parkway, the retail center was 93 percent occupied at the time of the sale and is anchored by Incredible Pizza Co., Tile Shop, and L’ecole Culinaire.

NAI Saig Co. executive vice president Brian Califf represented Faropoint in the deal.

In May, Faropoint sold two Olive Branch retail centers for combined $9.2 million. At the time, Califf said Faropoint was looking to reinvest the proceeds from the sales into more Memphis properties as it gradually shifts its focus to buying exclusively office and industrial properties in the area.

– Patrick Lantrip

Paul Finebaum Staying at ESPN

ESPN has reached a multiyear contract extension with radio personality and Memphis native Paul Finebaum to remain a key player on ESPN and SEC Network. Finebaum will continue his presence across a number of network shows and programming, including as the host of “The Paul Finebaum Show” and as an analyst on “SEC Nation.”

Finebaum, long the most recognizable voice of the SEC, launched his show on ESPN Radio in August 2013. Complementing his daily hosting duties on “The Paul Finebaum Show” and weekly appearances on “SEC Nation” throughout the fall, Finebaum is featured on a variety of additional ESPN programming, including “Get Up!,” “First Take,” “SportsCenter,” “College Football Live,” “Finebaum Film Room” and “College GameDay.”

“Paul is one of the most compelling personalities on SEC Network and ESPN,” said Stephanie Druley, senior vice president, ESPN events and studio production. “His passion for the SEC and its fan base is evident every day. ...”

– Don Wade

‘Bizarre Foods’ Host Films Episodes in Memphis

A celebrity chef was spotted with a film crew in Downtown’s Court Square Thursday afternoon, July 12.

Andrew Zimmern, co-creator, host and contributing producer of “Bizarre Foods with Andrew Zimmern,” is in Memphis filming two shows – one for the Food Network and one for the Travel Channel, a member of the production crew confirmed.

The crew filmed Zimmern eating at Soi No. 9, which serves authentic Thai street food, including rice bowls, noodle dishes and curries, during the Downtown Memphis Commission’s weekly Food Truck Thursday event from 10 a.m. to 2 p.m. in Court Square.

In July, the Food Network announced a new series “Big Food Truck Tip” set to premiere Wednesday, Aug. 29, at 10 p.m., in which Zimmern will travel the U.S. in search of passionate food truck owners who are pursuing the American dream of being their own boss while sharing their culinary creations with the public.

Zimmern will reward one entrepreneur with $10,000 to help them take their food truck business to the next level.

Wednesday Zimmern tweeted a photo of Jerry’s Sno Cones, tagging Intuitive Content, a Minneapolis-based full-service production company founded by Zimmern in 2014.

“I love my @in2itivecontent family, both crews in Memphis make my heart flutter,” the tweet said.

Zimmern sat down with chef Kelly English for the Travel Channel show on Thursday. Afterward, English tweeted, “When the cameras turned away, @andrewzimmern and I stopped talking about food and spoke instead about where our industry is and how to help guide it to where it needs to go and how we can and must be stewards of our trade and our people. Good talk, thanks for the time AZ.”

On Instagram, Zimmern shared a video of a meal he shared on Thursday with Stax legend David Porter, who opened local recording studio Made in Memphis Entertainment last year, at Charles Vergos’ Rendezvous.

Other stops included the free summer concert series at the Levitt Shell, sponsored by Orion Federal Credit Union, and chef Kelly English's second restaurant, The Second Line, where Zimmern celebrated National French Fry Day, Friday, July 13, by ordering the andouille, crawfish and pimento cheese fries.

– Daily News staff

Louisville’s Goodwood Brewing Expands Distribution to Memphis

Chattanooga-based Athens Distributing Co. is bringing Goodwood Brewing Co. barrel-aged and wood-touched beers to the Bluff City.

Beers from the Louisville-based brewery have been available in other Tennessee cities since 2007, according to CEO Ted Mitzlaff.

“Memphis is a wonderful city and has a growing craft beer scene,” Mitzlaff said, in a release. “Our portfolio spectrum will appeal to all segments, ranging from session beers for the volume drinker to high gravity brews for the serious craft beer lover.”

Memphians will have a choice of seven Goodwood Brewing products: Bourbon Barrel Ale, Louisville Lager, Walnut Brown Ale, Hemp Gose, Spruce Tip IPA, Brandy Barrel Honey Ale and Walnut Brown Ale.

Goodwood plans launch events at Memphis establishments in the future.

– Daily News staff

RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 51 223 1,152
MORTGAGES 55 189 861
FORECLOSURE NOTICES 25 45 144
BUILDING PERMITS 149 541 2,593
BANKRUPTCIES 24 120 581
BUSINESS LICENSES 14 65 264
UTILITY CONNECTIONS 0 0 0
MARRIAGE LICENSES 0 0 0