Mid-South industrial market saw a record-breaking year
According to Cushman & Wakefield/Commercial Advisors, total new direct leasing activity for 2021 topped 19 million square feet.
Topic: Commercial Real Estate
RSSThere are 476 article(s) tagged Commercial Real Estate:
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January 2022
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Ford Megasite: Blue Oval City turns Haywood property red hot
Ford’s plans for a $5.6 billion auto plant campus with 6,000 workers has turned the spotlight on Haywood County property owners.
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December 2021
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First Horizon continues closing or rebranding Iberiabank branches
By late February, First Horizon will have closed six Memphis-area IberiaBank branches and rebranded another. One of the closed properties, near Saddle Creek in Germantown, just sold for $3.75 million.
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Join The Daily Memphian’s Commercial Real Estate Seminar
The seminar begins at 3 p.m. Dec. 2.
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November 2021
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Inked: Olive Branch lands distributor; Uptown renovation nearing completion
A California company opens a distribution center in Olive Branch, the renovation of Tri State Iron Works nears completion and the Hilton Garden Inn is bought for $36 million by a Virginia-based investor.
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October 2021
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Commercial brokers launch Memphis-centric real estate firm
Dustin Jones and Jonathan Aur want to create a company that is designed by-Memphis, for-Memphis.
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Local developers feel sting of high construction costs
The global supply-chain shortage, which first took its toll on automobile manufactures in need of semiconductor chips, eventually affected the cost of lumber. Developers like the Henry Turley Co. were left trying to keep construction projects on time and on budget.
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$30M South Front mixed-use development approved
The project on South Front would, according to the Design Review Board, fill in a missing piece of a vibrant and developing Downtown neighborhood.
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Board approves Downtown Mobility Center
The DMC hopes the transformative parking hub will solve most of Downtown’s parking needs.
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Permit filed for part of Orgel’s Snuff District redevelopment
The permit represents the beginning of the second phase of the Conwood project.
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Germantown Collection sells for $40.1 million
The shopping center’s anchor stores, Trader Joe’s and the Container Store, are the only locations for both retailers in the local market.
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September 2021
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South Main development secures increased density capacity requirement
Despite exceeding the density capacity for the South Main District, the Memphis and Shelby County Board of Adjustment granted approval of a new mixed-use development.
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Memphis-area’s first electric-car dealership partially open
The giant new Tesla Center at 3020 N. Germantown Parkway has been servicing electric cars for a few weeks.
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Restored marquee lights up Summer Avenue
Broadway-like lights of the Luciann Theater building’s newly restored marquee were turned on Thursday night.
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Olive Branch’s first mixed-use development breaks ground
Focal Point Investments also developed the mixed-use building at 999 S. Cooper St. in Midtown Memphis.
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Proposed nutrition store seeks loan to renovate Downtown property
Downtown Nutrition + Energy will be based on the business model of The Nutrition Hub, which is located in Germantown.
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Land Use Control Board approves widespread commercial rezoning
At its meeting Thursday, the board accepted requests for omission, including the Overton Square, Broad Avenue and Coro Lake areas to allow for further study.
Related story:
Design firm one step closer to moving into Annesdale mansion
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Design firm one step closer to moving into Annesdale mansion
After hearing from neighbors of the former residence on Lamar Avenue, the Land Use Control Board allowed the design firm to go forward with its request, but stipulated it must monitor the noise generated from live events at the space.
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Annesdale neighbors concerned over new owners, noise
Members of Annesdale-Snowden Historic Neighborhood have expressed concern for the continued use of the mansion as an event space.
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11 developers vying for iconic tower
Proposals include known names like Chance Carlisle and Tom Intrator, as well as ones new to Memphis like Aaron Mesner of Block Real Estate Services.
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Orleans Station to move forward with exterior renovations
Developers of Orleans Station, the proposed 10.2-acre mixed-use development in the Medical District, have the go-ahead to begin exterior renovations to the shopping strip that once housed the Trolley Stop restaurant.
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Orgel, partners make bid to redevelop 100 N. Main
The group intends, if its bid is accepted, to invest around $267 million to revitalize one of the city’s most alluring pieces of commercial real estate.
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August 2021
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Bayer Properties to manage Eastgate
The East Memphis shopping center will become Bayer’s third asset in Shelby County.
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Mixed-use development coming to Olive Branch
The Cascades will resemble developments like The Lake District in Lakeland and Silo Square in Southaven, a broker with the project said.
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Downtown office tower bought by Florida company
CBRE will handle management and leasing of the 15-story office tower at the intersection of Jefferson Avenue and Third Street.
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