Malco Summer Drive-In sold for $2.3 million
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.
Dima Amro
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 63 articles by Dima Amro :
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May 2025
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Real Estate
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June 2025
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Real EstateAshlar Hall gets more time for renovations
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.
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Real EstateNew Crosstown Concourse office spaces go on the market for first time
“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.”
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Real EstateInked: Adventure park coming to former Wolfchase Sears
Plus, Burlington is moving its Bartlett store.
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Visual ArtsNew mural, furniture coming to Edge District alley
An Edge District alley is getting a glow-up.
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Real EstateNorthside Grill project moves forward
A vacant building in Klondike should soon undergo renovations to become the Northside Grill.
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Real EstateGreater Memphis Chamber to get sign on 100 Peabody Place
“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.”
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MusicMade in Memphis Entertainment office, recording studio for sale
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.
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Midtown Prairie Farms Dairy to close Memphis plant
The announcement said Prairie Farms will work with area manufacturers and employment agencies to support transitions.
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Business Memphis Chamber’s new council, execs will foster global biz, city workforce
“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.
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Real EstateInked: Former Germantown coffee spot becomes salon
Plus, a Bartlett shopping center gets a new owner.
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BusinessSign of the future: PURE, xAI teamup shows teens ‘what welding can do’
A decrepit cemetery sign sparked a partnership between a Memphis school and Elon Musk-founded xAI.
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Real EstateCarhartt opening first store in Memphis
The retailer will fill the last available space in Ridgeway Trace — making the 300,000-square-foot shopping center 100% leased.
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