Fred’s sells Memphis headquarters property to Olymbec USA

By Updated: July 12, 2019 9:42 AM CT | Published: July 09, 2019 1:25 PM CT

Financially troubled discount retailer Fred's Inc. has sold its 57-acre complex of industrial, office and retail space to a Canadian-based real estate company that is bullish on Memphis.


Commercial Real Estate Fred's Inc. Olymbec USA
Tom Bailey

Tom Bailey

Tom Bailey covers business news for The Daily Memphian. A Tupelo, Mississippi, native, he graduated from Mississippi State University. He's worked in journalism for 40 years and has lived in Midtown for 36 years.

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