Memphis retail market booms despite challenges
The outside of the $67-million mixed-use apartment complex at Orleans Station. The complex will have 13 buildings with 258 one-bedroom apartments, 43 bedrooms with an office space and 71 two-bedrooms units. (Neil Strebig/The Daily Memphian file)
Building permits, which traditionally take a week to process, are taking nearly a month now, causing delays in leasing and development in the retail market.
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retail commercial Jones Aur Cushman and Wakefield Commercial Advisors Avison Young Gill Properties Downtown Memphis Commercial Real Estate Subscriber OnlyWe’re in the final countdown of 2025. ⌛🪩🎉
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Neil Strebig
Neil Strebig is a chef turned journalist covering economic development and commercial real estate for The Daily Memphian. He grew up in Pennsylvania and has worked at media outlets including the York Daily Record/USA Today Network and most recently as Report for America Corps Member with Lookout Santa Cruz. He is a graduate of Point Park University in Pittsburgh.
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