Changes approved for seniors’ subdivision
The Land Use Control Board approved applications Aug. 8 for a new senior-living subdivision southeast of Memphis and a Cordova apartment complex that could have up to 460 units.
Topic: Commercial Real Estate
RSSThere are 480 article(s) tagged Commercial Real Estate:
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August 2019
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Memphis College of Art has ‘potential buyer’ for Rust Hall in Overton Park
Whether the next user of Rust Hall buys the building from Memphis College of Art or leases it from the city, the city of Memphis has a strong say about who gets the keys.
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July 2019
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City’s first Blitz 45 gym to join with chiropractor
A Florida-based boutique gym called Blitz 45 will share space in University Place shopping center with the Midsouth Wellness Center clinic for chiropractic and neuropathy services.
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TRUE Sports moving headquarters to Downtown
True Temper Sports has rebranded itself as TRUE Sports and will move its 35 headquarters jobs from the suburbs into Downtown's One Commerce Square.
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Record low industrial vacancy rate reported
Industrial vacancy hit an all-time low of 5.4% in the second quarter in the Memphis area due to strong tenant demand for space, according to the CBRE Marketview report.
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Latest plan for The Clipper excludes hotel
The developers' news release states that brokers are already leasing space for the future Clipper office and retail space, but the original plans for a 250-room, full-service hotel are no longer mentioned.
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Four office buildings in Lenox Park sold
Occupancy rates have been rising for offices in the Tenn. 385 corridor since 2015.
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Nearby properties change hands with Square’s revival
The revival of Overton Square, coupled with its parking garage, has made nearby properties the target of acquisition by developers.
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Fred’s sells Memphis headquarters property to Olymbec USA
Financially troubled discount retailer Fred's Inc. has sold its 57-acre complex of industrial, office and retail space to a Canadian-based real estate company that is bullish on Memphis.
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Grimes Memorial church, mural will be demolished
Three potential tenants are talking with the new owner of the former Grimes Memorial UM Church property for a ground lease. The building and its well-known mural will be demolished.
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Jun Lee Trading Co. moving after three decades
After 32 years at the same location, Jun Lee Trading Co. will move farther east on Summer Avenue.
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June 2019
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Highland Heights church property draws interest from buyers
Methodist church officials will soon list for sale the just-closed Highland Heights United Methodist Church building. The property anchors a corner of two busy streets, which should draw interest from prospective buyers.
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Work resumes for SugaShack music club on Beale
New music club will serve soul music and Southern food in a simple, brick building on Beale, just east of the entertainment district.
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Mixed-use building coming to Cooper in Midtown
A planned, three-story building will house a restaurant or offices on the ground floor and three studio apartments on each of the top two levels.
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Highland Heights UM Church closing after Sunday’s service
Highland Heights United Methodist Church has anchored a corner of Summer and Highland for a century, but will close because of its shrinking, aging membership.
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Toyos Clinic owners sell Germantown office
The owners of Toyos Clinic have sold their Germantown office property to a pediatric dental practice.
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‘Cool area’ remark sparks massive investment in Edge District
The dam has broken and development projects are flooding through the Edge District.
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Wheels start turning for massive Snuff District
Developers will seek a single-site tax increment financing district for the 55-acre, mixed-use development along the Wolf River Harbor in Uptown.
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Orion celebrates move to the heart of Memphis
Orion Federal Credit Union and friends celebrate the move of its headquarters into the Edge District as the anchor to the larger Wonder Bread development.
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Lots of new windows proposed for Downtown historic building
The preservation and conversion of two historic Downtown buildings for apartments include a plan to create dozens of new windows.
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10-townhouse development proposed for Cooper-Young
Townhouses and a Goodwill retail store/donation center for Midtown are among the requests that the Land Use Control Board will consider in July.
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Pole fitness/dance studio coming to gritty intersection
An instructor in pole fitness and dancing – as well as yoga, Pilates and aerial hoop – has started a Kickstarter fundraiser to equip the modest building that will become her studio.
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May 2019
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More Summer Ave. color may fade with church closing
The final worship service for Grimes Memorial United Methodist Church is Sunday. A developer has bought the property that has featured a large, religious mural seen by Summer Avenue travelers for 37 years.
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Union Row getting real, fast
The financing and the land acquisition for Union Row's first phase have been accomplished, the developer says.
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Can you ignore a car vending machine along I-40?
Construction has started on Carvana's "car vending machine" along I-40 in Northeast Memphis.
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