Local industrial market booms with early-year sales, setting promising stage
“It’s just a super exciting time to be in real estate as our economy is going through this transformation,” said Kemp Conrad of Cushman & Wakefield.
“It’s just a super exciting time to be in real estate as our economy is going through this transformation,” said Kemp Conrad of Cushman & Wakefield.
The Texas-based wholesale egg distributor plans to operate near the Simmons Bank Liberty Stadium.
XAI’s first Memphis data center Colossus dwells in a former Electrolux plant in Southwest Memphis. It is arguably one of the most valuable machines in the world controlled by someone with unrivaled wealth and galactic ambitions.
The latest from the no-frills national grocery chain will be located at 785 Union Ave., in a building that once housed an Office Depot.
Malco says it will only sell if it’s “the right thing to do.”
The summit discussed affordable housing in Memphis as the summit theme centered around creating generational wealth in Black communities where systemic inequities halt homeownership.
The Midtown bar and entertainment space never reopened after it shut down suddenly in December with a social media post saying it was for renovations.
Also, a new Tractor Supply Co. will develop 7 acres of land for the new retail spot, and M.J. Funeral Homes is expanding.
For now, the Dollywood Foundation owns the former Pancho’s site in West Memphis, but if all goes according to plan, the site will be sold this summer with the proceeds going to the Foundation.
Sweet Eye Coffee House is open in Cordova, Teriyaki Madness will open this summer with plans to expand in the Memphis area and Walk-On’s Sports Bistreaux is open in Southaven.
The Downtown Memphis Commission’s Center City Development Corp. awarded the owner a $30,000 Retail Tenant Improvement Grant on Wednesday, March 19, for interior and exterior improvements.
A building in Memphis is trading church pews for stage cues, with Hattiloo Theatre tapped to run the theater program. Plus, a Nashville-based company takes the next steps for the Simmons Bank Liberty Stadium renovation.
Harmony at Morning Grove is accepting applications for the 55-and-older community that includes 196 units in a four-story building at 9525 U.S. 64.
Here’s some juicy info.
Plus, four new apartment buildings are slated for the Medical District along Poplar Avenue and MLGW’s North Service Center facility is expanding.
A Shelby Drive industrial building will be auctioned off, an insurance agency is expanding to East Memphis and a wholesaler moved to Pleasant View Road.
Frigid February weather stalled real estate sales, Memphis Area Association of Realtors’ President Greg Renfrow said. But a bounce back could be just around the corner.
A couple of new-home developments in Lakeland and Arlington have run into unexpected delays that are setting back completion by more than a year.
It sits a few hundred yards from the Tennessee Valley Authority Southaven Combined Cycle Plant. The plant will provide a power source for the energy-intensive data center.
Memphis is getting a new happy place. Plus, a local bakery is on pause after a fire broke out.
An inventory of available commercial spaces in Bartlett shows several significant spots open, some of which are on the verge of being occupied.
A new mailing and shipping center is headed to Jackson Avenue, and the Mid-South Paralyzed Veterans of American begins to develop its recently acquired property.
Independent record label Light in the Attic Records, which sells directly to hundreds of record stores and retailers worldwide, is set to open a warehouse facility in Memphis.
Former Jerry’s Sno Cones on Wells Station Road to become a convenience store; Home Dash furniture store moves into former American Freight space.
After both working at Cordelia’s Market on Mud Island, Robert and Erica Humphreys bought the business earlier this year.
Cost estimates total about $88 million, up from an estimate of about $84 million a year ago. It’s the first major expansion since the venue opened in 2000.
The Memphis office market is starting to gain momentum again since the pandemic. But the tenants are more picky.
Raising Cane’s will go in a former Red Lobster, Shawarma King is open for dine-in, to go and events and the Grecian Gourmet Kitchen opens to the public.
California-based Kal Freight Inc. occupies space in Whitehaven and Gossett Motors launches expansion on Covington Pike.