Iconic Crescent Center fetches $67.5 million
The Crescent Center’s new owner said he was impressed by both the building and its East Memphis neighborhood.
There are 7 article(s) tagged Highwoods Properties Inc.:
The Crescent Center’s new owner said he was impressed by both the building and its East Memphis neighborhood.
Healthcare Realty Trust has purchased the six-story, 135,000-square-foot medical office building at 6401 Poplar.
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.
Sale puts real estate investment trust one step closer to leaving the Memphis market.
After Highwoods Properties announced last summer it would sell its Memphis office buildings, its local leader took some time off, traveled and decided to join Colliers International Memphis.
A Nashville-based real estate firm led a group of Memphis and Nashville investors in buying two of the 15 buildings that Highwoods Properties is selling off in Memphis.
More Memphis office properties could change hands by mid-2020 before Highwoods eventually exits the Memphis market altogether.
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