Gilmore of Howell Marketing Named Top 50 Social Media Influencer

Thursday’s edition of The Daily News previewed the paper’s upcoming Social Media seminar featuring keynote Glen Gilmore.

The globally recognized social media expert is principal at Gilmore Business Network in New Jersey, but he’s also a consultant, professor and an attorney. What’s more, Gilmore serves as the senior social media advisor to Amy Howell of Howell Marketing Strategies LLC, who’s also on the panel for the Thursday, Feb. 9 seminar.

@GlenGilmore has more than 100,000 followers on Twitter but said engagement beats quantity every time.

And he has the credentials to prove it. This week, Forbes even named him as a top 50 social media power influencer, based on popularity among his substantial online followings.

Drexel Chemical Expands Presidents Island Presence

The lead deal in Friday’s Inked column was about Drexel Chemical Co., which recently purchased a 137,526-square-foot manufacturing/distribution facility on Presidents Island.

Drexel is already headquartered on Presidents Island and has four warehouses there, among other facilities. The local agricultural chemical provider is one of the two main industrial users of the island that borders Downtown Memphis, along with Cargill Inc.

The warehouse at 2070 and 2071 Channel Ave. had been vacant for awhile, and Drexel was able to snatch it up for only $5.89 per square foot.

At this time, Drexel has not decided what all it will do with the building other than warehousing, said company spokeswoman Leigh Shockey.

“We are in the cleanup/remodeling stage but are excited to have an even larger presence on Presidents Island,” Shockey said. “We think it’s a fantastic location given the accessibility to rail and road transportation.”

Morgan Keegan advisers heading to Florida next week

Raymond James delivered details of proposed retention packages to eligible Morgan Keegan advisers Wednesday.

According to Raymond James, the awards will be paid within two weeks of the closing date of the merger with Morgan Keegan. The company expects that to occur on or about April 1.

On Monday and Tuesday, more than 75 top advisers and management officials from Morgan Keegan will be visiting the Raymond James Financial headquarters in St. Petersburg.

Raymond James isn’t publicly talking about the retention payout details yet. One source told The Daily News, and a trade publication is also reporting, that advisers producing more than $1 million will get up to 70 percent of their trailing 12-month production as part of the retention payouts.

Advisers producing less than $300,000 aren’t expected to be offered retention payments. Advisers producing between half a million and $1 million will get up 50 percent; 40 percent for those producing between $400,000 and $500,000 and 30 percent for those between $300,000 and $400,000.

Will Barton and Tarik Black Won’t be Suspended

Will Barton and Tarik Black should be eligible to play in Saturday’s home game against Marshall despite coming off the bench in Wednesday night’s 73-51 win over Rice at FedExForum.

Black, Will Barton and Trey Draper were ejected – along with Rice’s Tamir Jackson – from the game. Tamir Jackson made a hard – flagrant – foul on the Tigers’ Joe Jackson as he was going in for what would have been an easy basket late in the second half.

Had the Tiger players become directly involved in the situation on the court – there was some pushing and grabbing but no punches were thrown – they likely would be suspended for at least a game. Tigers coach Josh Pastner also left the bench. Pastner said a player not leaving the bench is something they’ve stressed.

“We have gone over that as a team,” he said. “We’ve shown film on that. It’s a normal reaction to want to help your teammates, and they took a step or two out. But they were not involved in the altercation.

“I was a little upset because it was a hard foul. I wanted to make sure Joe was OK.”

Old French Quarter Inn to Become Comfort Suites, Owner Says

The site of the abandoned French Quarter Suites Hotel is under contract to be purchased by a different ownership group than those that had recently planned to develop an upscale five-star hotel, the Memphis Regional Design Center announced to its members via email and Facebook Wednesday, Jan. 25.

Built in 1984, the 77,866-square-foot hotel at northeast corner of the Cooper-Madison intersection closed its doors in July 2008. There are five owners, including local attorney Donald Pemberton.

“I don’t really know what (the new owners’) plans are for the site,” Pemberton said. “We have a contract with them, I can’t tell you their names. It’s two individuals whose family is in the hotel business and it’s my understanding they’re going to convert it into a Comfort Suites, and that’s basically all I know at this point.”

Ron Kirkpatrick, another one of French Quarter’s owners, vowed in December to redevelop the vacant building into “a four- or five-star hotel and day spa,” contingent upon Memphis City Council’s approval of $16 million in city funds for a parking garage and detention pond in Overton Square. He said the $10 million to $12 million project would alone create 125 jobs.

Save Overton Square and the Midtown Action Coalition have asked for a public meeting to meet the new owners and hear the plans for the site. The new prospective buyers have agreed to meet at Memphis Heritage’s Howard Hall, 2282 Madison Ave., on Wednesday, Feb. 1 at 6:00 pm.

The Memphis Regional Design Center “urged” all those interested in the future of Overton Square and its surrounding Midtown neighborhoods to attend.