Real Estate
Industrial real estate market continues blazing pace
New industrial market reports continue to highlight impressive growth, interest throughout greater Memphis region.
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.
There are 222 articles by Neil Strebig :
-
April 2022
-
Premium
Real Estate -
Premium
Real EstateInked: Mallory Logistics files plans for South Memphis warehouse, former Bhan Thai space up for $1.6M sale
Bhan Thai is up for sale, Minglewood Hall set to reopen and new 120,000-square-foot warehouse is in the works in South Memphis.
-
-
March 2022
-
Real Estate Final phase of One Beale set to begin this summer, Caption by Hyatt set to open
Carlisle Corp. will begin construction on the Grand Hyatt in May. The developer also announced the opening of Caption by Hyatt and plans for the former Nylon Net Building site.
-
Transportation & Logistics Raj Subramaniam to succeed Fred Smith as president and CEO of FedEx Corp.
FedEx announces the next president and CEO following founder Frederick W. Smith’s tenure.
-
Real Estate Board of Adjustment approves Butler Row project variance
The $65 million, 2.34-acre Butler Row development was previously awarded a 12-year payment-in-lieu-of-taxes in January.
-
Food News CCDC approves new outdoor patio for Soul & Spirits Brewery
The craft brewery will install a temporary patio this spring with plans for a permanent installation for future use.
-
Premium
Real EstateInked: Simmons Bank moves HQ to East Memphis
Simmons Bank opens new corporate HQ in East Memphis, Memphis Stone & Stucco relocate, former ICE building under review for demolition.
-
Business LPI Memphis to turn 22 Cooper into ‘Gateway to Overton Square’
“We want it to be inviting,” Jack Dawson of LPI Memphis said of the former home of Bari Ristorante e Enoteca. “This is the entrance to the space. It needs to be worthy of that sort of greeting.”
-
Premium
Real EstateMalone Park construction enters second phase
The Uptown development got underway last year with the first phase completing 11 cottages in June.
-
Business EDGE Board approves changes for Parkside at Shelby Farms Economic Impact Plan
EDGE board approves razing a building on Presidents Island, a PILOT extension for Thrive and updates to the Parkside at Shelby Farms development.
-
Premium
BusinessInked: South Main Trek Bicycle closes
Bite Ninja opens, Trek Bicycle closes and Memphis region employment recovers to pre-pandemic levels.
-
Business A guide: Making sense of economic development terms
Don’t know the DMC from the MLC, or the CCRFC from the CBID? Here’s a quick guide to some commonly used business and economic development terms and organizations.
-
Real Estate February home prices up over a year ago
The Memphis area saw a 15.5% increase in average sales price last month compared to a year ago, and Whitehaven’s increase was 80%.
-
Real Estate CCRFC approves six-month extension for $62M Conwood II Project in Snuff District
The CCRFC approved a six-month extension for the second phase of the $205M Snuff District development project. The first phase is expected to finish by fall 2022.
-
Premium
Financial ServicesMemphis loses last ‘Big Three’ bank with First Horizon acquisition
Like Union Planters, which was acquired by Regions in 2004, and National Bank of Commerce, also acquired in 2004 by SunTrust, First Horizon could not avoid industry consolidation forever.
-
Business Edge District art installation to be removed
Edge District’s mural “There’s More to be Proud Of” set to come down later this month.
-
Downtown Intrator makes progress on Pinch project; construction on South Main property underway
New York-based developer Tom Intrator has also secured funding for his separate, $1.1 billion project in the Pinch District.
-
Premium
Real EstateInked: South Point Grocery to open, Northside High School inks EDGE grant
A new grocery store ready to open in South Main. More funding has been arranged for several development projects in Uptown, Medical District.
-
Business HTL’s Mark Herbison visits Fayette County to speak about Blue Oval City
“(Ford) has not built an assembly plant in 50 years,” said Herbison, a key figure in the project’s development over the last several years. “And it’s the largest investment they’ve made as a company.”
-
Update
BusinessHollywood Feed expanding store count from 104 to 180
Memphis’ Hollywood Feed LLC is acquiring a Columbus, Ohio-based pet-supply store.
-
-
February 2022
-
Food DJ Devin Steel, WKND owners team up for Supper Club on 2nd
Adrian Granderson, Joe Johnson and Robert Higgins, all originally from Memphis, opened WKND Hang Suite in the South Main Historic District in 2018.
-
Real Estate Capital Square buys Downtown property that is part of the $65 million Butler Row project
Capital Square bought the Butler Row property at 509 S. B.B. King Blvd. from Drapac Capital. Construction on the mixed-use project is set to begin later this year.
-