The sale price, which comes down to $44,000 per room, is a deal for the market, leaving room for the new owners’ plans to upgrade the property.

Baptist Memorial Health Care, The Armstrong Company and Patterson Bray Attorneys announce additions and promotions.

ServisFirst Bank is doubling its office footprint, Painted Tree Marketplace closes and a shopping center on Stage Road has landed a couple of new tenants.

Google announced the first $5 million of $25 million in funds meant to help with West Memphis utility bills. Another $1.25 million will be invested through a community council to help pay for projects throughout the region, including Shelby County.

The deal is a vote of confidence for the Memphis industrial real estate market, observers said.

In 2021, the developer announced it was trying to convert the property into residential use. 

Foreclosure deals are rare in the Memphis multifamily market.

A firm tied to an industrial electrical contracting firm and a prominent drag racing operator has bought a Southeast Memphis warehouse.

The Memphis-Shelby County Schools board is expected to vote Tuesday, April 28, on whether to sell the 2.3-acre former site of Orleans Elementary School at 1400 McMillan to The Works for $61,000.

The airline said it was pausing the route because of “routine network planning” and did not say how much money it would save by pausing the route during the summer.

The location in Southaven will remain open, they said.

During Keel’s tenure, St. Jude has been through two strategic plans both in the billions of dollars as officials have aimed to further improve and modernize the campus.

Ice cream and more on its American Way, Rotolo’s Lakeland grand opening and Roll With It in Whitehaven.

YH TN Brownsville LLC, a private investment company, bought the 55,356-square-foot building at 2714 Union Ave. Extended from Coastal Partners LLC for $5.5 million.

FedEx recently announced Network 2.0, a model meant to streamline package delivery across networks in the United States.

LBMC is already expanding at Clark Tower, and Southaven will get a little hotter and a lot colder with a Sweathouz location. And rent a business space at Crosstown Concourse.

Rhodes College, Jones Aur and The Game Table announce new positions.

Tennessee health leaders met in Memphis to talk about how to address rural health care needs.

The universities of Memphis, Arkansas, Mississippi and Tennessee Health Science Center will focus on five areas of research and development.

Stuck in neutral or still on track? If the renovation of the Memphis Motorsports Park is going to be ready for racing this fall, work on the property south of Millington will have to accelerate.

Germantown-based JX Investments LLC bought French Village Square at 4069-4111 Summer Ave. from MRS French Village LLC for $4.6 million.

OUTMemphis, the longest-running LGBTQ+ organization in Tennessee, is building a new regional headquarters in Midtown as part of a $12 million expansion to meet the growing demand for its services.

Locals David and Julie Yopp have joined Michael Muhlert, one of the original Flip Side owners, in ownership of the pinball bar.

As the Baptist Heart Institute reached 500 heart transplants recently, doctors and nurses say the science behind that procedure has changed.

When the Dorothy Day House started in 2006, it was run entirely by volunteers and helped three homeless families a year. Now it helps more than 20 a year.