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<strong>International Paper's headquarters in East Memphis April 18, 2024.</strong> (Patrick Lantrip/The Daily Memphian file)Premium Real Estate

International Paper building sold

Highwoods Properties developed the building, all nine floors of which is occupied by International Paper, for $56 million in 2014.

By Dima Amro October 08, 2025
Premium Real Estate

Inked: Local industrial market leasing skyrockets, Intrator property sold in foreclosure auction

The former Downtown Royal Furniture Co. building, which was slated to become a Dream Hotel and mixed-use development, was sold in a foreclosure sale to the lender of the project.

By Dima Amro October 08, 2025
Premium Real Estate

The City hasn’t officially bought the Sheraton yet but it’s already repaid $4M on the bonds

“Before this actually gets signed, we will have paid $8 million that we don’t officially own yet,” said City Council member Jerri Green.

By Sophia Surrett October 07, 2025
Premium Real Estate

Inked: ‘Not your regular dentist office’ heads to East Memphis

Plus, a Germantown weight loss clinic that’s “about the inside out” opens, and a former Mexican restaurant could become and AutoZone. 

By Dima Amro October 04, 2025

  • Premium Real Estate

    Sheraton deal should close by early November, Mayor Young said

    Memphis Mayor Paul Young said the deal had taken longer than expected, but he was unsure about the specifics.

    By Sophia Surrett October 03, 2025
  • Premium Food News

    Food Files: First Watch poised to open second Memphis location

    First Watch submits a permit to look at a Wolfchase space. Raven & Lily in Collierville is now closed. Sanderlin’s Rise Southern Biscuits & Righteous Chicken is now open. 

    By Sophia Surrett October 03, 2025
  • Real Estate

    Google to invest $4B in West Memphis

    A Google representative said they would hire “hundreds of people for full-time operational jobs here on the site and thousands of construction jobs.”

    By Dima Amro October 03, 2025
  • Real Estate

    Gussied Up, Bar Limina get design approvals for Edge District

    Both Gussied Up and Bar Limina are a part of Cnct. design’s goal to make the Edge District a Memphis destination.

    By Dima Amro October 01, 2025
  • Real Estate

    Medical District ‘eyesore’ undergoes $3.8 million redevelopment

    Studios and one- and two-bedroom units are coming to a site right off of Union Avenue.

    By Dima Amro October 02, 2025
  • Premium Real Estate

    Downtown DoubleTree closing, impacting almost 90 workers

    “They, evidently, have come to the decision that they’ll lose less money if they close than if they stay open,” said an area hotel consultant. 

    By Sophia Surrett October 04, 2025
  • Health Care

    Who is the team behind the Regional One Health rebuild?

    “This isn’t about outside firms coming in, taking out dollars and leaving,” the Regional One president and CEO said. “This is about combining specialized health care expertise with Memphis proven capabilities, ensuring that Memphis business grows.” 

    By Lydia Williams October 04, 2025
  • Premium Food News

    Food Files: Chick-fil-A goes Uptown

    Also, Max’s Sports Bar hosts a grand opening for its new upsized patio space, Urban Consequence Brewing Co. has closed and Cafe Piazza is open in Collierville.

    By Sophia Surrett September 26, 2025
  • Premium Real Estate

    Inked: Midtown’s Krosstown Kleaners to have mental health clinic

    Krosstown Kleaners was built in 1910 with a bakery on the ground floor and a residence on the upper level. In 1944, the space became a dry cleaning business with the iconic neon sign. 

    By Dima Amro September 24, 2025
  • Real Estate

    Memphis Habitat for Humanity breaks ground on biggest development yet

    The nonprofit announced plans to build the semi-attached single-family homes on 3 vacant acres in Uptown within the next 24 months.

    By Dima Amro September 23, 2025
  • Premium Food News

    Food Files: Joe is ramblin’ on Sam Cooper

    Ramblin’ Joes to have grand opening on Sunday, Sept. 21. Sonic Drive-In is adding a location at the southwest corner of Poplar Avenue and Yates Road. 

    By Sophia Surrett September 19, 2025
  • Real Estate

    XAI subsidiary subleases 550+ acres for solar panel project

    The solar panel project is expected to include up to 100 megawatts, possibly more. 

    By Dima Amro September 17, 2025
  • Premium Real Estate

    Inked: Overton Park apartments prepare for residents

    Also, mother and son lease space at Regalia Shopping Center, and six multifamily complexes were sold in a foreclosure auction.

    By Dima Amro September 17, 2025
  • Food News

    Eat more chicken again on Union Avenue

    The Chick-fil-A, which opened in 2009, closed on May 29 for renovations of the 4,400-square-foot building at 1980 Union Ave. 

    By Sophia Surrett September 21, 2025
  • Business

    The latest on Google’s West Memphis data center? It could add water recycling.

    Google plans to limit its water usage to “domestic needs” and cover all the energy costs needed to power its West Memphis facility. 

    By Dima Amro September 15, 2025
  • Premium Food News

    Food Files: Caribbean restaurant launches vegan spin-off

    Trap Fusion closes its Cordova restaurant but launches Trap Vegan in its flagship eatery in Whitehaven. Wiseacre Brewing Co.’s new sandwich concept Panuzzo King will launch soon on Broad Avenue.

    By Sophia Surrett September 12, 2025
  • Premium Real Estate

    Inked: East Memphis gets hot then cold, Laurelwood gets new art gallery

    The East Memphis location is the first of multiple SweatHouzes planned for the Memphis area.

    By Dima Amro September 13, 2025
  • Premium Food News

    Hotel Napoleon’s bar reopens with same name, different operator

    Hotel Napoleon’s Archives Bar & Bistro has reopened and is being run by the founder of Sweet Magnolia Gelato Co.

    By Sophia Surrett September 09, 2025
  • Premium Education

    Old Bayer building could become a campus for kids aging out of foster care

    MSCS received one bid for the property on 3030 Jackson Ave. from New Day Tennessee, which seeks to create a workforce development training ground for teens aging out of foster care across the state.

    By Laura Testino September 09, 2025
  • Premium Germantown

    Is third time the charm for the 33 acres of ‘opportunity’ in Germantown?

    Time after time, proposals have stalled for the Arthur property land along Poplar Avenue. Now, a new plan is on the table, and “it’s an opportunity to give Germantown the town square it’s been looking for.”

    By Abigail Warren September 08, 2025
  • Premium Real Estate

    Google confirms West Memphis data center

    The Entergy Arkansas president and CEO said the utility company is “proud to be partnering with Google on this exciting new project bringing unprecedented economic opportunity to Arkansas.”

    By Dima Amro September 05, 2025
  • Premium Food News

    Food Files: Celtic Crossing is reopening

    Fox Ridge Pizza is opening in Top Gun, Sen Trang will have new owners and Dvour Desserts is expanding to Southaven.

    By Sophia Surrett September 05, 2025
  • Real Estate

    More Memphis area homes are on the market, but sales are down

    “We are past the spring rush, there is ample inventory, and so buyers have opportunities,” said MAAR President Greg Renfrow. 

    By Dima Amro September 04, 2025
  • Premium Real Estate

    Apartments, townhomes coming to Cooper-Young

    Carlisle Development Co. expects residential construction to begin early next year.

    By Dima Amro September 08, 2025
  • Premium Real Estate

    Inked: Plans for Southaven indoor golf simulator in full swing

    The Southaven facility will have three swing suites available for members and non-members to rent for unlimited tee times.

    By Dima Amro September 03, 2025

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