Memphis retail market booms despite challenges
Building permits, which traditionally take a week to process, are taking nearly a month now, causing delays in leasing and development in the retail market.
Topic: Commercial Real Estate
RSSThere are 476 article(s) tagged Commercial Real Estate:
-
November 2022
-
-
Inked: YogaSix to open Downtown; Sephora coming to Cordova
YogaSix plans to open at 372 S. Main St. next year, and Sephora is headed to the Kohl’s at 2335 N. Germantown Parkway in Cordova.
-
Inked: Trading a Family Dollar for apartment lofts, Memphis home sales sink
This week’s Inked covers the October 2022 real estate report, new PILOT for 47 S. Main St. and updates on Vic on Union and 280 Vance Ave.
-
Inked: Grilled cheese and new name headed to Ferraro’s Pizza site
This week’s Inked covers updates and potential road closures in the Pinch District and a partnership between Poag Shopping Centers and Jones Lang LaSalle.
-
-
October 2022
-
‘Young Rock’ awarded 4-season PILOT, similar to ‘Bluff City Law’
And if “Young Rock” shooting is moved to another city, NBC can use the local tax incentive for a different television production.
-
Inked: Crunch Fitness in Cordova, Hobby Lobby coming to Millington
This week’s Inked shares updates on a new Crunch Fitness location, new Hobby Lobby site and a $2.2 million remodel for Best Buy in the Market at Wolfcreek.
-
Daily Memphian to host Developing Memphis seminar
The seminar will highlight ongoing projects from the three panelists, including updates from developer Adam Slovis on 100 N. Main and the Snuff District.
-
Downtown board discusses additional transparency for PILOTs
Eligibility requirements for PILOTs may change.
-
Borda Towers and Venson Center part of $58M renovation project
Louisiana-based developer partners with Memphis Housing Authority on $58 million renovation project for 421 units at the Borda Towers and Venture Center in Downtown.
-
Inked: Construction begins on BluffCakes in Germantown, second Scooter’s Coffee location
This week’s Inked includes updates on BluffCakes new Germantown location and a second Scooter’s Coffee site.
-
Inked: Residential real estate dips, industrial real estate remains red hot
This week’s Inked highlights the Memphis Area Association of Realtors' September real estate report and CBRE’s third-quarter industrial and office report.
-
Inked: Q3 Industrial report ‘solid,’ Rumble Boxing comes to Midtown
This week’s Inked covers news on Cushman & Wakefield’s industrial estate report, the new Rumble Boxing location and Drapac Capital leaving Memphis.
-
Boutique apartments spring from old mattress factory
A $4 million restoration project has transformed the old the National Rose Spring and Mattress Co. building into a mixed-use development Downtown at 80 W. Virginia Ave.
-
-
September 2022
-
Demolition plans set for Williamsburg Village, Dory gets a new patio
On Wednesday, Sept. 28 Memphis and Shelby County Board of Adjustment approved plans for demolition and redevelopment at Williamsburg Village, a new outdoor patio at Dory Restaurant and an update on the Lowenstein Mansion.
-
Inked: Nothing Bundt Cakes on the move, an ICED loan, Friends for Life gets new HQ
This week’s Inked covers news on a new ICED loan recipient, Friends for Life headquarters update and a new location for Nothing Bundt Cakes in East Memphis.
-
Inked: Ivory Closet for sale, Dory looking to build new outdoor patio
This week’s Inked shares news on a new 80-acre mixed-use development in Eads, Dory Restaurant’s new outdoor patio and a change in ownership for Ivory Closet in Overton Square.
-
New owners ready to recapture Hotel Pontotoc’s former glory
Developers Joseph Lewis and Tony Kuhn plan to begin $3.2 million restoration this fall.
-
Malone Park Commons receives $150,000 development grant
Uptown’s Malone Park Commons sought the special grant after rising construction costs increased the budget, according to staff reports.
-
Inked: Emerge building to be rebranded, Monster Mini Golf coming to Cordova
New Memphis moving to Emerge Building. Number of homes sold drops but August home prices up 5.2% over a year ago. Monster Mini Golf coming to Cordova.
-
Downtown board approves PILOTs for Greyhound Complex, Crump Blvd. development
Discussion of $226 million Sheraton renovation project was delayed to Oct. 11.
-
EDGE expected to approve eco-friendly, federal incentive this month
To qualify, developers would have to invest at least $1 million in energy efficiency improvements or projects to reduce lead in drinking water.
-
Slider Inn to expand South Main patio space
On Sept. 8, Memphis and Shelby County Land Use Control Board members approved plans for an outdoor patio and entertainment space for Slider Inn at 363 Mulberry St.
-
-
August 2022
-
Boyle names new president and CEO
The president and CEO will oversee management and operations with Boyle, Boyle Insurance Agency and Nashville-based Boyle Nashville LLC.
-
Inked: Historic Downtown building for sale, plus Storage World, Gordon Food coming
This week’s Inked covers news on Gordon Food Service opening in Midtown; pending sale of 44 S. Front St., and plans for a Storage World at 1699 Airways Blvd.
-
Cordova complex part of over $245M in acquisitions by Fogelman this year
The Memphis-based real estate and investment firm has acquired six properties so far in 2022, including two in Shelby County.
-