Real Estate
Inked: Bartlett building sold, new storage facility planned
An Asian restaurant leased out the former King of Spuds location at 5376 Knight Arnold Road, and the new tenant plans to start work on the site in the coming months.
Reporter
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.
There are 77 articles by Dima Amro :
An Asian restaurant leased out the former King of Spuds location at 5376 Knight Arnold Road, and the new tenant plans to start work on the site in the coming months.
“You got an idea? We want you to know that we have your back,” said Memphis Mayor Paul Young.
Three Memphis-area small businesses received thousands of dollars in loans to renovate and expand their companies. Plus, CEVA Logistics and Medtronic Logistics agree on a tax adjustment plan.
Airways Boulevard site will be the largest distribution center in Medtronic’s network.
Gresham Smith has 25 other offices across the Midwest and the South, and works with private and public companies.
The company, which is launching a 625,000-square-foot warehouse, signed a 12-year lease earlier this month.
“We want it to be a place that’s for Memphians, by Memphians,” said John Halford, founder of Cnct Design, about the Edge District.
The 18 S. Main St. building was formerly owned by developer Tom Intrator — and had been part of his plans for several Main Street properties — but was transferred during an April foreclosure sale.
Downtown business owners received money to renovate their properties with plans for a liquor store, cafe and possibly more.
The Ross I-40 industrial park sits roughly 40 minutes from Ford Motor’s BlueOval City in Stanton, Tennessee.
The retailer will fill the last available space in Ridgeway Trace — making the 300,000-square-foot shopping center 100% leased.
A decrepit cemetery sign sparked a partnership between a Memphis school and Elon Musk-founded xAI.
Plus, a Bartlett shopping center gets a new owner.
“I think one of our first orders of business is just super capitalizing on the word ‘innovation,’” said the Greater Memphis Chamber’s new executive director of the Greater Memphis Workforce Development Board.
The announcement said Prairie Farms will work with area manufacturers and employment agencies to support transitions.
The Chamber of the Year winners will be announced Wednesday, July 23, during an awards show, presented by Comcast Business at ACCE’s Annual Convention in Philadelphia.
Tony Alexander, president and director of MIME, said the entertainment group does not plan to leave the city, but is ‘testing the waters’ on selling its Union Avenue real estate.
“The sign is more than just the letters,” said Ted Townsend, president of the chamber. “It embodies that business is here in our Downtown core.”
A vacant building in Klondike should soon undergo renovations to become the Northside Grill.
An Edge District alley is getting a glow-up.
Plus, Burlington is moving its Bartlett store.
“This is the first time since the inception of the building that we’ve had any substantial or any availability beyond one or two suites. This building offers way more than any other building in this city.”
Ashlar Hall was approved for a use variance in 2023 to allow an event center on the property. However, that variance was set to expire in September.
Terms of the sale include a condition that the new owners will not operate a movie theater without the written consent of the seller and Malco for the next 20 years.
Local artist Andre LeMoyne Miller will open an art gallery Saturday, May 31, as part of the Downtown Memphis Commission’s Open on Main initiative.