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EPE Buys Out BLVD Souvenirs Property

 

Elvis Presley Enterprises Inc. has bought a property that sits next to Graceland and houses a souvenir shop whose owners sued EPE last year for conspiracy to eliminate competitors.

 

EPE paid $465,000 for 3706 Elvis Presley Blvd. from the Jefan Trust of Boca Raton, Fla., with Susan Sandelman as trustee.

 

Formerly an auto service garage, the 4,000-square foot store was built in 1975 and sits on approximately one-third of an acre due north of Graceland. The Shelby County Assessor of Property's 2008 appraisal is $168,200.

 

The space is now leased by Boulevard Souvenirs, which is owned by Rick and Renae Roberts. Boulevard Souvenirs had leased the property from Global Real Estate LLC until EPE bought the assignment of rents and leases from Global Real Estate earlier this year. Those assignments state that the tenant's lease is $1,178.33 per month.

 

Calls to EPE were not returned by press time.

 

Not a big shock

When reached by phone Friday morning, Renae Roberts wasn't surprised to hear EPE finally succeeded in acquiring the real estate. "That doesn't surprise me because of all the appraisers that were coming through (in recent months)," Roberts said. "I mean, come on, they're bigger than us. We're not exactly dumb."

 

"I mean, come on, they're bigger than us. We're not exactly dumb."

- Renae Roberts

Proprietor, Boulevard SouvenirsEPE has been acquiring properties surrounding Graceland and beyond as part of its plans for a $250 million Tourist Development Zone. The company in 2006 offered to buy the Roberts' business and assume the roughly 13 years remaining on the lease. The Roberts declined. The couple even reached out to the previous owner about acquiring the site themselves, efforts that were repeatedly rebuffed.

 

"We've been trying to buy this property ever since we moved in it," Renae Roberts said. "They just kept telling us it's not for sale."

 

Tension builders

EPE's attempt to buy the Boulevard Souvenirs business and Rick and Renae Roberts' refusal to move created tension among the parties. The situation heated up last fall when EPE revised its distribution contracts so distributors were no longer allowed to sell licensed merchandise to vendors not approved by EPE within a five-mile radius of Graceland. That included Boulevard Souvenirs.

 

A claim was filed in federal court last year on behalf of Boulevard Souvenirs - a non-EPE-approved vendor - that EPE and vice president of international licensing Carol Butler were conspiring to eliminate all independently owned retail competitors near Graceland, but that lawsuit was eventually dismissed.

 

Since the brouhaha, Boulevard Souvenirs has had a sign hanging in its window affirming the 12 years remaining on its lease at the store - something Roberts said they plan to honor.

 

"We have no intention of vacating, we have no intention of leaving," she said. "We have intentions of being there, not only for the 12 years, because we also have a stipulation in our lease that we can request a five-year extension.

 

"Right now we're sitting tight."

 

Source: Elvis Unlimited / Updated: Aug 24, 2008

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Major Elvis websites blocked in China: :o

 

One of the things EIN learnt as a result of the Beijing Olympics is that a number of Elvis websites are "off limits" according to the Chinese Internet Police.

Visitors to China could not access both EIN and FECC!!

Meanwhile, a number of other well known Elvis websites, including Elvis News, Elvis Australia and Elvis In Norway were/are freely available.

It appears the blocking of EIN and FECC is ongoing policy (for reasons currently unknown).

 

(News, Source: EIN)

Major Elvis websites blocked in China: :o

 

One of the things EIN learnt as a result of the Beijing Olympics is that a number of Elvis websites are "off limits" according to the Chinese Internet Police.

Visitors to China could not access both EIN and FECC!!

Meanwhile, a number of other well known Elvis websites, including Elvis News, Elvis Australia and Elvis In Norway were/are freely available.

It appears the blocking of EIN and FECC is ongoing policy (for reasons currently unknown).

 

(News, Source: EIN)

 

 

Very weird, i wonder what the reasons were for that? :unsure:

 

Major Elvis websites blocked in China: :o

 

One of the things EIN learnt as a result of the Beijing Olympics is that a number of Elvis websites are "off limits" according to the Chinese Internet Police.

Visitors to China could not access both EIN and FECC!!

Meanwhile, a number of other well known Elvis websites, including Elvis News, Elvis Australia and Elvis In Norway were/are freely available.

It appears the blocking of EIN and FECC is ongoing policy (for reasons currently unknown).

 

(News, Source: EIN)

 

Wierd, the chinese have blocked many sites in the past.

Wierd, the chinese have blocked many sites in the past.

 

 

Thats because they don't know a good thing when they see it.

Thats because they don't know a good thing when they see it.

 

True

Mark, is that you? :unsure:

 

Yes, i changed my account earlier, just felt like it.

How many different names have you had now?

 

This is the first time i've changed my account.

This is the first time i've changed my account.

 

 

Oh right, i thought you have had a few different names.

Oh right, i thought you have had a few different names.

 

A lot of people have had different names, if you go to edit profile you will find the

change name option, it's unlimited.

I think there are plenty of people on Buzzjack who have had more name changes than me.

A lot of people have had different names, if you go to edit profile you will find the

change name option, it's unlimited.

I think there are plenty of people on Buzzjack who have had more name changes than me.

 

 

I know, i can't keep a track on who os who these days, i don't know who i am chatting to most of the time. :lol:

I know, i can't keep a track on who os who these days, i don't know who i am chatting to most of the time. :lol:

 

Same here, on their profile, you need to click display name history and it will tell you who they are.

 

Same here, on their profile, you need to click display name history and it will tell you who they are.

 

 

Oh right, i will do that next time i am not sure who it is but they know me. :lol:

 

I use the same username everywhere. :thumbup:

Oh right, i will do that next time i am not sure who it is but they know me. :lol:

 

I use the same username everywhere. :thumbup:

 

I noticed, to be honest i wish i hadn't deleted my account now.

I just felt like a whole fresh start and that's why i did it.

I very nearly didn't come back.

 

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