Real Estate
Faropoint sells newly renovated Willow Lake warehouse
The 217,000-square-foot, newly renovated warehouse at 4049 Willow Lake sold this week to EK Realty LLC.
Tom Bailey
Reporter
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.
There are 1216 articles by Tom Bailey :
-
September 2020
-
Premium
Real Estate -
Real Estate Q&A with Roadside Senryu
The roadside poetry sign was removed by Memphis, but that sign and others live virtually at roadsidesenryu.com, complete with a soundtrack. The anonymous creator of the project engaged in an email Q&A with the Daily Memphian.
-
Real Estate No poetic license here: Memphis removes artist’s road sign
An anonymous artist has fabricated and erected — without permission — 12 road signs in 12 states. They look like official traffic signs, but display a short poem. Tennessee's sign was placed along North Parkway, but city crews this week removed it.
-
Midtown Crosstown Concourse tweaks parking to help its retailers
Visitors parking in the Concourse's closest 45 spaces – the "canyon" – are charged $3 an hour after the first 15 minutes, which remain free.
-
Real Estate Anshei Sphard-Beth El Emeth sells its historic synagogue
Real estate company Worldwide Property Hub buys congregation's East Memphis property for $1.5 million.
-
Premium
Real EstateU.S. search starts for ‘highest quality’ rebuild on Racquet Club site
The owners of the old Racquet Club property have recruited the JLL real estate brokerage firm to market the 9.3 acres to developers far and near.
-
Real Estate Cooper-Young apartments getting new owner, new name
The Center City Revenue Finance Corp. transferred a tax-break incentive for the building at 999 S. Cooper to Jeffrey Little, who plans to rename the mixed-use property The Flats at Cooper-Young.
-
Premium
Real EstateHilton’s hip Canopy opens on ‘happening’ Downtown corner
The 174-room luxury hotel — filled with design touches that are inspired by Memphis history and culture — helps anchor one of the city's most prominent intersections.
-
Real Estate Memphis-area home sales fall 5.3% in August, but prices rise
The average sales price for Memphis-area homes this August rose to $221,098, up 13.3% from $195,134 in August 2019.
-
Real Estate Varsity Spirit signs lease, moving headquarters to Snuff Factory
Despite being hurt by COVID-19, Varsity Spirit announced Wednesday it has signed a lease for 65,000 square feet for its new headquarters at the American Snuff Factory mixed-use development.
-
Real Estate Planning board approves 1 of 4 requests for new gas stations
The Land Use Control Board approved a gas station at Summer and Bartlett despite government planners' "rejection" recommendation. But the board unanimously rejected a truck stop in South Memphis, and held for a month two other gas station proposals that faced opposition.
-
Premium
Real EstateGill Properties taking self-storage to the (Germantown) limit
Storage Towne of America-Germantown will comprise about a dozen buildings totaling 130,000 square feet just outside the city that doesn’t allow construction of self-storage businesses.
-
Financial Services Raymond James lays off nearly 4% of its employees, cites COVID-19
Raymond James is not saying how many of the nearly 930 Memphis employees were laid off on Tuesday.
-
Business Empty chairs, stage demonstrate problems for live-events industry
The businesses that normally stage live events organized an “Empty Event” at Tom Lee Park. The idea: Bring attention to the harsh impact that COVID-19 has had on the industry.
-
Real Estate Memphis landlords sue U.S. over eviction moratorium
Seven Memphis plaintiffs who own or manage more than 5,000 rental units have sued the U.S. government, claiming the eviction moratorium essentially deprives them of the use of their property.
-
Visual Arts Downtown art museum’s veiled design: ‘It is exceeding our expectations’
A celebratory grand reveal of the design concept had been scheduled for March 25. The pandemic and social distancing put that event in long-term limbo, but the design work has continued.
-
Business Beer proof: Indigo Ag helps brewery make ale with wheat traceable to climate-friendly farm
Indigo, which has its North American commercial operations headquarters in Memphis, has partnered with one of the nation’s largest craft breweries. The wheat used in Dogfish Head’s new beer can be traced to a climate-friendly farm in Kansas.
-
Real Estate St. Michael Church grows against the grain, expands on Summer Ave.
While some churches nearby shrink or close, St. Michael Church on Summer Avenue will soon start construction on a new, $2 million parish office, has begun building two more soccer fields, and has plans for a new parish hall.
-
Real Estate U of M drops stance on need for apartment zoning after a neighbor — the mayor — weighs in
The University of Memphis had claimed it was not bound by local zoning for its plans to partner with a private developer to build student apartment buildings where houses now stand near campus. But the U of M changed its stance.
-
Health Care Crosstown Dental opens Highland Row office, changes name
Dental practice, among the first tenants in Crosstown Concourse, has renamed to avoid geographic confusion. Two dentists will swap weeks at both locations.
-
Public Safety ‘Legal legend’ Leo Bearman Jr. dies
He represented clients in high-profile and important cases, even until his death. His communication skills were so legendary that other lawyers would slip into the back of the courtroom just to watch him work.
-
Premium
Real EstateMuseum Lofts opens next to National Civil Rights Museum
Managers of the new, four-story apartment building at 138 Huling are leasing the 68 units in the South Main District.
-
Business Kushner Companies buys apartments bordering Shelby Farms Greenline
The same real estate company that was headed by Jared Kushner until he became President Trump’s senior legal adviser has bought a 256-unit apartment property in Memphis.
-
Real Estate Demolition to clear way for huge Link at Broad apartments
Heavy equipment is already in position on Broad to start demolishing an old warehouse next month. The work will clear 8.8 acres so vertical construction can start about April on the first, $50 million phase of the 350-unit Link at Broad Apartments.
-
Business Community-development funder opens Memphis office
Kathy Moore Cowan is executive director of the new Memphis office opened by Local Initiatives Support Corp., which has invested $22 billion to build or rehab affordable housing and develop retail, community and educational space.
-