A newly formed company has taken over a Downtown tech-hub project that would combine computing infrastructure, office and residential space on one campus.

Also, the Carolina Watershed property has a new owner, and a Bartlett retail building sells for $1.4 million.

“We’re trying to combat loneliness,” said the operator of Second Helpings Cafe. 

After beloved, though gruff, businessman Jerry Gibson was murdered in his record store, his family sealed the place shut, leaving his hundreds of thousands of collectibles untouched for 10 years. Until now.

Giddy up, Memphis. The Stallion, which blends the hotel and Airbnb experience, will open in a former apartment complex in Downtown Memphis. 

Local rap legends Yo Gotti and 8Ball & MJG have recorded at Young Avenue Sound, and now the property is for sale. 

While Lausanne is growing its physical campus, adding nontraditional learning environments, officials say the East Memphis private school isn’t looking to increase enrollment.

The proposed Holiday Inn Express — visible to more than 3,200 drivers from State Route 385 — was approved in 2019.

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.

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.

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.

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.

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.

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.

Cushman & Wakefield released its first quarter industrial report, showing the overall market has some positive trends such as vacancy rate decreasing while net absorption and asking rental rates increased.

The Realtors council also inducted William B. Dunavant III into its Commercial Hall of Fame and honored Michael Lightman Sr. with its Legacy Award.

Stix Express Downtown will close Friday, April 24. Meanwhile, two coffee locations have made progress toward opening. 

The office park includes numerous amenities along with walking trails, an on-site deli and a conference center.