Real Estate
Memphis office market sees a ‘flight to quality’
The Memphis office market is starting to gain momentum again since the pandemic. But the tenants are more picky.
There are 522 articles by Sophia Surrett :
The Memphis office market is starting to gain momentum again since the pandemic. But the tenants are more picky.
Built in 1925 and reopened in 1981 after Belz Enterprises restored the hotel, The Peabody’s general manager said they are constantly renovating and upgrading all elements of the historic building.
Newly appointed chairman of the Greater Memphis Chamber Chairman’s Circle Mike Keeney said he believes if Memphians can work together, “we can create a place where people want to live.”
Raising Cane’s will go in a former Red Lobster, Shawarma King is open for dine-in, to go and events and the Grecian Gourmet Kitchen opens to the public.
Memphis hospitality industry professionals said they hope for a more positive 2025.
Though Lucchesi’s used to sell its products in grocery stores, a USDA rule change several years ago forced the company to pull its casseroles from stores. But now they are back with a full line, new partners and plans for growth.
The hotel attached to the Renasant Convention Center might become a Marriott once renovations are complete.
Andy Ticer and Michael Hudman’s Enjoy A|M Restaurant Group is expanding again.
The Broad Avenue Gateway development first phase has started construction and second phase is in the design phase. A Whitehaven warehouse has been sold.
Last year, xAI agreed to lease 552 acres from the Economic Development Growth Engine. For months, it has been unclear what plans xAI had for the land.
Crews are focusing on preventing ice and snow buildup on runways and taxiways while also clearing ramps, service roads, terminal roadways and more.
The Front Porch will be an interfaith center at Second Baptist Church.
Plus, Kura House opens in the former Bhan Thai restaurant and where in Memphis to get a plate of baby shower eats.
The new restaurant will be able to seat up to 200 guests, and chefs Michael Hudman and Andy Ticer said it will differ from their former New Orleans restaurant of the same name.
Charms, a subsidiary of Tootsie Roll Industries, will employ almost 500 employees after the expansion is complete.
An office building is being converted in the East submarket. Dollar Fulfillment expands, and Daniels Sharpsmart comes to Memphis.
When advertising agency Archer began downsizing its Cotton Exchange office space by almost a third, it presented building owner Henry Turley Co. with a challenge — and an opportunity.
Watertower Place at Forest Hill to open in Germantown, First Congregational Church to sell two buildings and Oteka Technologies relocates.
The vacant lot between FedExFamilyHouse and Quimby Plaza could be filled with a new apartment complex.
Two hot Memphis restaurants are opening new locations. Plus, incoming Raising Cane’s project is underway, and Jeremiah’s Italian Ice isn’t leaving Memphis.
In-N-Out Burger’s vice president of store development said there are no specific plans for the Memphis-area yet.
A seafood restaurant has plans for the former Jerry Lee Lewis’ Cafe & Honky Tonk space on Beale Street.
Regional One Health’s new billion-dollar hospital, which will be built on The Commercial Appeal’s former campus, could forge a new gateway to Downtown and help generate more business and residential activity.
Mike Keeney, a lifelong Memphian, will lead a group of executives in promoting economic development, growing the workforce and improving the business climate.
Wolfchase Galleria has a burger joint, and new-look Pizza Hut opens. Plus, something sweet is blooming in the former Flame Ramen.