Clark Tower sold for $37 million
East Memphis’ Clark Tower was recently sold to Cicada Capital Partners. (Patrick Lantrip/Daily Memphian file)
At 50 years old, the 34-story office tower has a new owner that plans “substantial” improvements to the building.
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Clark Tower Avison Young Commercial Real Estate office real estateTom Bailey
Tom Bailey retired in January as a business reporter at The Daily Memphian, and after 40 years in journalism. A Tupelo, Mississippi, native, he graduated from Mississippi State University. He has lived in Midtown for 36 years.
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