Downtown’s Royal Furniture building may grow taller after sale

By , Special to the Daily Memphian Published: January 09, 2019 11:55 AM CT

The historic Royal Furniture building in Downtown Memphis has sold for $3.5 million, and the new owner may make the building taller for new commercial tenants.


Commercial Real Estate Downtown Memphis hotels retail development
Tom Bailey

Tom 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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