Real Estate
Inked: Germantown Square heads for auction
The shopping center includes Incredible Pizza, the University of Memphis Kemmons Wilson Culinary Institute and The Tile Shop. Plus, an RV park is planned for Cordova.
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 177 articles by Dima Amro :
The shopping center includes Incredible Pizza, the University of Memphis Kemmons Wilson Culinary Institute and The Tile Shop. Plus, an RV park is planned for Cordova.
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.
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.
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.
“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.”
Plus, Burlington is moving its Bartlett store.
An Edge District alley is getting a glow-up.
A vacant building in Klondike should soon undergo renovations to become the Northside Grill.
“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.”
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 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.
The announcement said Prairie Farms will work with area manufacturers and employment agencies to support transitions.
“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.
Plus, a Bartlett shopping center gets a new owner.
A decrepit cemetery sign sparked a partnership between a Memphis school and Elon Musk-founded xAI.
The retailer will fill the last available space in Ridgeway Trace — making the 300,000-square-foot shopping center 100% leased.
The Ross I-40 industrial park sits roughly 40 minutes from Ford Motor’s BlueOval City in Stanton, Tennessee.
Downtown business owners received money to renovate their properties with plans for a liquor store, cafe and possibly more.
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.
“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 company, which is launching a 625,000-square-foot warehouse, signed a 12-year lease earlier this month.
Gresham Smith has 25 other offices across the Midwest and the South, and works with private and public companies.
Airways Boulevard site will be the largest distribution center in Medtronic’s network.
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.
“You got an idea? We want you to know that we have your back,” said Memphis Mayor Paul Young.