Purchase of development of the market this week on 3.1 acres 780 frontage road near Wal-Mart Super Center in Memphis, W.Bank, and plans to build a 29,340 square meter center for retailers.
The market was held in Memphis Bank indeed AT & T Wireless, games movies, shoes, and fashion point, China Dragon, Royal Nails Lome Pueblo Mexican Restaurant. Three bays remain available for rent.
Said Sean Massey Group mall, which brokered the deal for the buyer, "We believe fully that it was the West Memphis Lower retail, and all that has expanded in the future for retailers, national and regional space is the lack of the quality on the market. "
Centre is scheduled to open next spring.
Hyde from FedEx
Has the Son "House," Hyde III, informed him of the Board of Directors of FedEx to retire before the next meeting of shareholders on September 26, 2011.
It was Hyde, chairman of the Hyde family foundations, and the founder of AutoZone, FedEx on a panel of over 30 years.
Hyde was one of 11 directors was reelected by the shareholders at their annual meeting on Monday.
The fund rural loans
Has three years old, Tennessee Rural Opportunity Fund, a private partnership between the Tennessee, 23 banks and credit of the track and fund loans in the first place to women, minorities and firms owned by minorities, "Award of excellence in economic development "of the International Economic Development Council.
The fund has over $ 9 million in loans to businesses in rural communities in all parts of Tennessee, and is credited with helping to create 200 jobs and retain 400 jobs.
"Governor (Phil) Bredesen and members of the General Assembly of Tennessee has nationwide fund these opportunities as an important strategy for the economy of our country to build in rural areas and give rural entrepreneurs access to capital seen," said Matt Kisber, commissioner of the Tennessee Department of Economic and Community Development.
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