Clark Tower goes to lender in foreclosure sale
Clark Tower in East Memphis is in foreclosure. (Patrick Lantrip/Daily Memphian file)
Wells Fargo offered the only bid — $43 million — to take ownership of the landmark building in East Memphis.
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Clark Tower Wells Fargo foreclosuresTom Bailey
Tom Bailey retired in January as a business reporter at The Daily Memphian, and after 40 years in journalism. A Tupelo, Mississippi, native, he graduated from Mississippi State University. He has lived in Midtown for 36 years.
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