Made in Memphis Entertainment office, recording studio for sale
Made in Memphis Entertainment, which houses 4U Recording and Heavy Hitters Music Group, put its 16,500-square-foot office and recording studio on the market. The building at 400 Union Ave. was built in 1951. (Courtesy CBRE)
Made in Memphis Entertainment, which houses 4U Recording and Heavy Hitters Music Group, put its 16,500-square-foot office and recording studio on the market.
Kelly Truitt and Adam Stovall of CBRE, a commercial real estate company, listed the building for sale at $5.3 million.
The building is located at 400 Union Ave.
In a statement, MIME said it plans to sell the renovated building “to concentrate its focus on its publishing and artist empowerment business operations.”
Tony Alexander, president and managing director of MIME, said the entertainment group does not plan on leaving the Memphis area, but is “testing the market.”
“We’ve seen some properties adjacent to us selling for a pretty significant amount,” Alexander said. “It’s not an urgency to do anything, but we wanted to see what the market might bear.”
Alexander said the group is interested in seeing if a new owner will “take the mantle as it relates to recorded music and in-studio services.”
The three-story building includes a basement level, a recording and production studio on the first floor and executive and administrative offices on the second floor. (Courtesy CBRE)
The Memphis property was built in 1951 and renovated in 2017. The three-story building includes a basement level, a recording and production studio on the first floor and executive and administrative offices on the second floor.
Alexander also said if the building is sold, MIME and its affiliates would like to work out an arrangement with the new owners about using the building, but the deal “is negotiable.”
“There are other studios that we could partner with to continue to provide certain things, but we’d be able to stay in Memphis,” Alexander said. “Core operations for our business are here in Memphis.”
The Memphis property was built in 1951 and renovated in 2017. (Courtesy CBRE)
Alexander said MIME is prepared to continue its operations at the building if no buyer shows.
MIME also has a 4U Recording studio in Atlanta.
Alexander and legendary Stax Records producer and songwriter David Porter launched MIME in Memphis in 2015.
The company runs 4U Recording, Heavy Hitters Music Group, Beetroot Music, MIME Publishing and MIME Records.
Topics
Made in Memphis Entertainment 4U Recording Tony Alexander David Porter CBRE Subscriber OnlyAre you enjoying your subscription?
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Dima Amro
Dima Amro is a native Memphian who covers commercial real estate and economic development for The Daily Memphian. She received her B.A. in journalism at the University of Memphis and M.A. in investigative journalism at American University.
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