N'ville Med Trade Center fate

Well, having been in those shoes, we can't say we blame Nashville Medical Trade Center spokesman Cole Daugherty for stayin' on message. Here's our note.

Med Trade Center's China ties

Nashville Medical Trade Center developers Market Center Management Company (Crow Holdings) said in a release today Beijing-based Huida Investment Management Company will lead development of a "China pavillion" within the trade center, which MCMC still says will openin 2013, and which is to have 1.5 million square feet of space, eventually. NMTC here. The release will eventually be here.

Harbor development

Cameron Harbor, an $80MM mixed-use development, is the latest initiative enhancing the Chattanooga waterfront. The TFP reports.

e-Real Estate apps boom

Social Media and apps are heightening seller-buyer engagement, the Memphis Daily News reports.

Metro ousts State Fair

WSMV 4 (NBC) in Nashville is reporting tonight that Metro Nashville Mayor Karl Dean (at left) has decided that the Tennessee State Fair will no longer occupy a portion of the 117 acres near Bransford Avenue that is also home to a major flea market, the local roller-girls franchise and auto racing. We've long thought that the Metro's prime real estate would be a great place for a corporate sci-tech R&D and incubator campus, or a conference and exhibitions center. The mayor's decision follows a consultant's report and many years' debate.

Pat Emery now free agent

Our guess is Pat Emery, who for more than a decade has run Crescent commercial real-estate development in MidTN and who has been one of the city's 'usual civic suspects' in numerous initiatives -- though often outdone by mate Kitty Moon Emery -- will upon leaving Crescent quickly hookup with those developers who are looking to snatch-up distressed real-estate assets (See our latest Newsbits). Emery was elevated to handle all Crescent Resources commercial biz, just a year ago. The NBJ broke the news of Emery's departure from Crescent, this morning. Crescent, itself, has become something of a distressed property, losing deals, halting projects and now flirting with bankruptcy.