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Business

  • Real Estate
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  • Real Estate

    Probiotic pair grows commercial kitchen, other entrepreneurs

    OtherFoods Kitchen now serves 25 small businesses that make everything from take-home meals to bagels to gluten-free dog treats. The shared commercial kitchen rents its facilities by the hour, allowing startup businesses to avoid big overhead costs.

    By Tom Bailey January 06, 2021
  • Real Estate

    Canadian firm buys Olive Branch industrial building

    The Quebec-based Quint Group paid $8.75 million to Illinois-based Agracel Inc. for a 258,000-square-foot industrial building. Kemp Conrad, a principal with Cushman & Wakefield/Commercial Advisors, will represent Quint Group in leasing the building.

    By Tom Bailey January 06, 2021
  • Business

    IP to sell packaging business in Turkey

    IP owns a little more than 90% of the Turkish company.

    By The Daily Memphian Staff January 05, 2021
  • Business

    Two CPA firms merge

    Memphis-based Vawter Gammon Norris & Company specializes in serving clients in automotive, truck and motorcycle dealerships, with clients in more than 20 states.

    By The Daily Memphian Staff January 04, 2021
  • Update Real Estate

    Carlisle envisions a defining development for East Memphis, if stakeholders want that

    The 9.3-acre site, now cleared by demolition, sold for $7.7 million to RCM Devco LLC, which lists developer Chance Carlisle of One Beale as its agent.

    By Tom Bailey January 04, 2021
  • Real Estate

    Designers share vision for Overton golf on walking tour

    So far, $2 million of the $2.5 million goal has been raised to rebuild Overton Park golf course and renovate its Abe Goodman Clubhouse. 

    By Tom Bailey January 04, 2021
  • Lakeland

    Lakeland gets proactive with economic development strategy

    With Lakeland Commons and The Lake District mixed-use projects under construction, Lakeland is adopting a proactive approach to its economic development strategy, targeting a number of properties for redevelopment.

    By Michael Waddell January 01, 2021
  • Transportation & Logistics

    Cobblestone landing bids under review by city

    The City of Memphis is evaluating bids ranging from $9.4 million to $10.1 million for restoration of and other improvements to the historic Memphis cobblestone landing.

    By Wayne Risher December 31, 2020
  • Bartlett

    Longtime friends propose cigar lounge in Bartlett

    The location for Sticks X Stones would be 2965 N. Germantown Parkway Suite 111 in the Shoppes of Wolflake. The plaza is located near one of the city’s busiest intersections.

    By Omer Yusuf March 10, 2021
  • Financial Services

    U of M mulls future of business research unit after chief’s retirement

    University of Memphis officials say they’re mulling over the future of Sparks Bureau of Business and Economic Research to see if it can continue serving business, government and community organizations.

    By Wayne Risher December 30, 2020
  • Real Estate

    Lamar Ave. funeral home seeks second cremation furnace

    A funeral home on the recently down-zoned section of Lamar wants to add a second cremation furnace, but now must seek a zoning variance to do it.

    By Tom Bailey December 30, 2020
  • Lakeland

    Entrepreneur expands Olive House concept for The Lake District

    As new outparcels become available in The Lake District, Adams Jacobs is bringing a new concept of restaurant and grocery store featuring international foods.

    By Michael Waddell January 04, 2021
  • Transportation & Logistics

    Crude oil pipeline opponents seek broader review

    Protect Our Aquifer and other environmental groups have asked the U.S. Army Corps of Engineers not to fast-track approval for the Byhalia Connection crude oil pipeline.

    By Wayne Risher December 30, 2020
  • Real Estate

    Memphis Country Club plans to expand tennis facilities

    Memphis Country Club in 2016 purchased the New Olivet Baptist Church property and other properties, got the city to close a street bisecting the 4.1 acres, and now has unveiled plans to expand its tennis and pickle ball courts.

    By Tom Bailey December 29, 2020
  • Real Estate

    New retail building coming to East Memphis

    Construction could start by March on a new retail building on Poplar at Humes, just east of the Poplar Viaduct.

    By Tom Bailey December 30, 2020
  • Business

    Pipeline donates $1M to Mid-South organizations

    The proposed pipeline running through portions of Shelby County would connect two existing crude oil pipelines running from the Midwest to the Gulf Coast.

    By The Daily Memphian Staff January 04, 2021
  • Business

    BlueCross Foundation adds to Mid-South Food Bank donation

    Foundation has given $1.2 million to the local food bank since the pandemic hit in March. 

    By The Daily Memphian Staff December 29, 2020
  • Real Estate

    Commercial space, townhouses planned for Cooper-Young

    The firm’s plans for 2197 Central is just a block east of a much larger mixed-use development that is planned by another developer.

    By Tom Bailey December 30, 2020
  • Premium Transportation & Logistics

    ShopRunner brings e-commerce in-house at FedEx

    FedEx said Monday, Dec. 28, it had closed on the acquisition of ShopRunner, a membership-based online shopping platform. A purchase price wasn’t disclosed.

    By Wayne Risher December 30, 2020
  • Financial Services

    Withdrawing from retirement plans may have tax implications

    Among other things, the CARES Act eliminated the 10% early withdrawal penalty for individuals under the age of 59½. But one-third of any money withdrawn will be included as income on taxes for each of the next three years

    By Christin Yates December 28, 2020
  • Premium Spirit of Memphis

    ‘A heckuva engineering project’ — boardwalk, cable bridge connect greenway, Greenline

    Wolf River Conservancy is almost halfway home in a decades-long quest to build 26-mile Wolf River Greenway spanning Memphis. Next up: completing connection to Shelby Farms Greenline by next summer.

    By Wayne Risher December 29, 2020
  • Business

    Shelby County Health Department instructs movie theaters to close

    Movie theaters are not mentioned in the most recent health directive, but Malco was told it would have to close. DeSoto County locations remain open.

    By Abigail Warren December 27, 2020
  • Business

    COVID-19 vaccines offer hope amid surges, but it’s months away for many

    The COVID-19 vaccines now becoming available offer the hope of curtailing the pandemic, but may not be available to the masses for months — and not all automatically trust that the vaccine will be safe. 

    By Don Wade December 27, 2020
  • Business

    Pandemic stokes demand for firewood

    Memphis is lit. Well, at least its fireplaces and backyard fire pits are. More people are staying home for longer periods of time during the pandemic, and that has created demand for seasoned firewood.

    By Tom Bailey December 26, 2020
  • Business

    Shelby County hospital capacity reflects post-holiday surge

    Shelby County’s hospital beds are filling up even though the county has one of the lowest new case rates in Tennessee, according to a New York Times database.

    By Daja E. Henry December 26, 2020

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