Memphis Local, Sports, Business & Food News | Daily Memphian | Business - Real Estate

The AM/DM podcast: Prince Mongo, Minglewood and unleaseable space

mcashiola@dailymemphian.com (Mary Cashiola) — Tue, 14 Apr 2026 06:30:54 -0500

Today, commercial real estate reporter Andy Ashby takes us inside several property transactions as well as why commercial real estate is such a fun and interesting topic. For real.

Memphis commercial real estate awards honor Dunavant, Lightman

aashby@dailymemphian.com (Andy Ashby) — Wed, 15 Apr 2026 08:47:45 -0500

The Memphis Area Association of Realtors is recognizing William B. Dunavant III and Michael Lightman Sr. amid a night of other winners at its 25th annual Pinnacle Awards.

Board considers grants for Downtown improvements

aashby@dailymemphian.com (Andy Ashby) — Thu, 9 Apr 2026 12:00:40 -0500

The Downtown Memphis Commission’s Center City Development Corp. will consider several grants for Downtown projects at its April 15 meeting.

The Rambler hotel sold at auction

aashby@dailymemphian.com (Andy Ashby) — Thu, 9 Apr 2026 13:03:00 -0500

Marcus & Millichap, a commercial real estate brokerage, announced the sale but would not disclose the buyer or the sales price.

Burlington looking at Germantown location

awarren@dailymemphian.com (Abigail Warren) — Mon, 6 Apr 2026 19:51:17 -0500

Burlington is looking to fill an empty retail space in Germantown. It would be the brand’s sixth store in Shelby County.

City, county want input on new zoning plan

aashby@dailymemphian.com (Andy Ashby) — Fri, 10 Apr 2026 09:43:12 -0500

The new plan is a part of Memphis 3.0, which has received local pushback.

Heartsong Church sells 10 acres for $700,000

aashby@dailymemphian.com (Andy Ashby) — Wed, 1 Apr 2026 13:21:19 -0500

“There are a lot of churches who are trying to figure out how they leverage their real estate and do a better job of their mission and their ministry,” said a principal at Foundry Commercial.

Performance Properties buys Perkins Park in Southeast Memphis

aashby@dailymemphian.com (Andy Ashby) — Tue, 31 Mar 2026 18:21:07 -0500

Renovation plans include a new roof, parking lot repairs, LED lighting upgrades and interior renovation of vacant units.

Defense and space manufacturer could land in Memphis

ssurrett@dailymemphian.com (Sophia Surrett) — Tue, 31 Mar 2026 19:07:40 -0500

Founded in 2009, the company is a metallic additive manufacturer with products used in aerospace, ground vehicles/automotive, defense, medical and custom work.

XAI properties appraised at $3.5 billion, documents show

hardiman@dailymemphian.com (Samuel Hardiman) — Thu, 26 Mar 2026 16:20:10 -0500

The appraisals for the two data centers help to determine how much Elon Musk’s artificial intelligence company will pay in property taxes.

Rare office space in 'garden community' hitting the market later this year

aashby@dailymemphian.com (Andy Ashby) — Wed, 25 Mar 2026 14:49:01 -0500

A company is leaving its office space adjacent to Dixon Gallery & Gardens later this year, opening a rare opportunity in East Memphis.

Morgan Steel expanding locally, adding more than 100 jobs

aashby@dailymemphian.com (Andy Ashby) — Tue, 24 Mar 2026 16:51:39 -0500

“We’re serving customers in Ohio, Mississippi and Texas, so we could have started a steel distribution center anywhere in the Southeast,” Morgan Steel CEO said. “But we’re happy to continue to grow right here in Memphis.”

Downtown board backs incentives for law firm, church and former Puck Food Hall

aashby@dailymemphian.com (Andy Ashby) — Thu, 19 Mar 2026 06:30:45 -0500

Downtown Memphis Commission board approves incentives for a law firm, a church and a multi-tenant property.

February home sales up with a busy spring expected

ocyrus@dailymemphian.com (Olivia Cyrus) — Thu, 12 Mar 2026 11:02:09 -0500

Shelby County recorded 897 homes sold, followed by 68 in Fayette County and 46 in Tipton County.

Food hall space at 409 South Main could see new purpose

sbohnel@dailymemphian.com (Steve Bohnel) — Fri, 13 Mar 2026 12:15:38 -0500

Efforts to breathe new life into a former events venue at 409 S. Main St. could be on the horizon, as the building owner has requested $60,000 in funds for improvements.

DMC seeks new restaurant for old Cafe Keough building

echamberlain@dailymemphian.com (Ellen Chamberlain) — Fri, 13 Mar 2026 12:12:06 -0500

The Downtown Memphis Commission is once again looking for restaurateurs to bring new life to empty storefronts — like the former Cafe Keough — along the Main Street Mall.

Downtown apartments and mixed-use moving forward despite challenges

ssurrett@dailymemphian.com (Sophia Surrett) — Tue, 10 Mar 2026 15:09:18 -0500

The Downtown Memphis Commission’s COO said the DMC is excited about upcoming projects but noted development in the neighborhood is challenging.

Regional One Health gets green light for new Memphis hospital

sbohnel@dailymemphian.com (Steve Bohnel) — Tue, 10 Mar 2026 08:27:45 -0500

Officials say the hospital should generate millions in economic growth by 2027 and also add thousands of construction and secondary jobs.

Cook Out starting renovation for second Union Avenue location

aashby@dailymemphian.com (Andy Ashby) — Thu, 5 Mar 2026 15:14:31 -0600

Fresh off a favorable ruling, Cook Out is moving forward with its plans to convert the former Back Yard Burgers.

Mixed-use development planned for Edge District

aashby@dailymemphian.com (Andy Ashby) — Wed, 4 Mar 2026 15:54:25 -0600

An Arkansas developer moving forward with its second project in the Edge District.