Premium

LPI buys trio of medical-office buildings

By , Daily Memphian Updated: November 04, 2026 8:50 PM CT | Published: November 04, 2026 11:27 AM CT

LPI Memphis has bought a trio of medical office buildings, adding to its holdings in East Memphis.

Operating as Commerce Center LP, the commercial real estate company bought properties at 5190 Park Ave., 5200 Park Ave. and 5220 Park Ave. for $5.4 million from a group of family trusts.

This is an excerpt of this story. To read more, please click here and subscribe. 

Topics

LPI Memphis Ciara Neill NAI Saig Co. Colliers International Memphis Subscriber Only

Thank you for reading The Daily Memphian. Your support is critical.

Did you know we are a 501(c)3 nonprofit news organization? We rely on a mix of revenue from subscriptions (50%), advertising, events and other earned income (25%) and fundraising (25%).

Please consider making a fully tax-deductible donation or other contribution to The Daily Memphian today. 

👉🏽 Your subscription pays for you to read all our journalism.

👉🏽 Your donation powers the work we do to reach everyone else with the news.

We believe an informed Memphis is a better Memphis. If you agree, join our growing list of donors now.

Andy Ashby

Andy Ashby

Andy Ashby covers commercial real estate and economic development. He has worked locally at the Germantown News, the DeSoto County Tribune, the Daily News and the Memphis Business Journal. He graduated from the University of Tennessee, where he photographed the 1998 National Championship game. Email tips or story ideas to aashby@dailymemphian.com


Comments

Want to comment on our stories? If you’re a subscriber, scroll down to the comments. If you’re not a subscriber, only paid subscribers can add their thoughts, so subscribe now. Our commenting policy can be viewed here.