Agency may increase grants for South City businesses because of pandemic
The Downtown Memphis Commission staff recommends that grants for exterior improvements to South City businesses start covering 90% of the costs instead of 75%.
Topic: Commercial Real Estate
RSSThere are 480 article(s) tagged Commercial Real Estate:
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June 2020
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Avenida’s plan for active seniors: No food service, no medical care, lots of fun
The soon-to-open "active adult rentals" development eliminates food and medical services but packs in resort-style amenities and programming.
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Downtown draft plan: Build vertical, include everyone, enforce standards, make it walkable
The Downtown Memphis Commission has just unveiled a draft master plan that could guide Downtown development for the next decade. The DMC will seek public response through June.
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City sells former vehicle inspection station
The newest inspection station at 2355 Appling City Cove had been open only three years before the city closed them all seven years ago.
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Crosstown’s curved, former flea market to become medical clinic
The space that formerly housed the Cleveland Street Flea Market at 438 N. Cleveland is to become a medical clinic with a variety of services, a building document shows.
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May 2020
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Demand grows for Southwest Memphis industrial space
Southwest Memphis' warehouses may be older and shorter, but a lot of logistics companies like their quick access to interstates and their affordability.
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COVID-19 puts its stamp on commercial leases
Across the Memphis area, new and amended commercial real estate leases are reflecting the pandemic and what such a "force majeure" can do to a business's ability to pay rent.
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Raymond James files more allegations against landlord
Raymond James wants to go another legal round against its Downtown Memphis landlord. The company also reveals that six years ago it negotiated to be anchor tenant for what is likely the planned One Beale office tower.
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Graceland-linked production plant wins planning board’s OK
Despite a “rejection” recommendation from the Office of Planning & Development, the Land Use Control Board voted 6-4 to approve construction of a production facility, using 3-D printing, in the middle of single-family homes in Whitehaven.
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Commercial real estate offers first clues of life in a pandemic
Two Memphis CRE executives talk on "Behind The Headlines" discuss the challenges, opportunities and changes behind the pandemic.
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‘Go-getters’ bringing tractor dealership to Memphis market
Just 33 years old, twins Ron and Don Parks of Union City will soon start building their fifth dealership of farm and lawn equipment, and their first in the Memphis market.
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Houses razed for Overton Square apartments
LPI Memphis, the owner of Overton Square, plans to build a three-story, 18-unit apartment building in the entertainment and dining district.
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UPDATE: YMCA will make Goodlett Farms building its HQ and Resource Center
The YMCA of Memphis & the Midsouth confirmed Saturday that it bought and will use as its resource center a 55,888-square-foot office building in Cordova's Goodlett Farms office park.
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April 2020
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Barefoot Bride moves to Downtown’s historic Emerge Building
The by-appointment-only bridal boutique shop started in Cooper-Young, moved to East Memphis, and now moves to the South Main District.
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Farm/lawn equipment dealer building in Eads
A new building document shows plans for a new Kubota tractor dealership in Eads on U.S. 64, near the Fayette County line. -
Industrial buildings change hands
A Shreveport, Louisiana,-based commercial real estate and operating company has purchased 20 single-tenant distribution warehouse buildings near Memphis International Airport. -
Space odyssey: Exploring the future of Memphis offices after COVID-19
Will demand for space in office buildings go up or down as a result of COVID-19? How does a company balance teamwork and social distancing in designing its floor plan? We picked the brains of several leaders in the world of Memphis office buildings.
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Landlords choose ways to help business tenants during crisis
Many commercial landlords in Memphis are using a range of options to help business tenants that have little or no income to pay rent during the COVID-19 pandemic.
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Highland Row sells for $65 million
A California-based private real estate investment and development company has bought the mixed-use development two blocks west of the University of Memphis.
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Boyle buys four Highwoods office buildings
Boyle Investment Co. has purchased four of the city’s premier office buildings in East Memphis as seller Highwoods Properties continues to divest itself from Memphis.
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March 2020
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Midtown shopping center sells
Gregory Realty has just purchased the Cooper-Young shopping center occupied by local and national tenants.
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Developers unfazed by COVID economy, forge ahead with construction
Taking the long view, Gill Properties is forging ahead with construction of a $3.9 million commercial center in East Memphis despite the recent economic disruption caused by COVID-19.
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New Starbucks may rise by iBank, Clark towers
A new, 2,100-square-foot Starbucks coffee shop would rise along Poplar in front of the iBank Tower in East Memphis, according to a new building permit application.
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Pittsburgh firm strikes again, buys Luther Towers
Pittsburgh-based Alpha Capital Partners has just purchased the 196-unit Luther Towers apartments in East Memphis for $8.45 million.
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Annesdale Mansion for sale, with ‘ample’ acreage for more housing
For sale: A grand, carefully restored, 165-year-old mansion on 7 acres.
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