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Real Estate

  • Real Estate
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  • Real Estate

    Tax incentive approved for first Memphis automaker in 63 years

    Mullen Technologies received tax break in return for hiring 434 people, investing $362 million and becoming the first company to make cars in Memphis since the Ford plant closed in 1958.

    By Tom Bailey March 18, 2021
  • Real Estate

    State Supreme Court tells all West Tennessee judges: Eviction ban lifted

    The state court’s general counsel emailed notice to judges and courts at all levels in 22 West Tennessee counties stating that the eviction ban is now lifted.

    By Tom Bailey March 16, 2021
  • Real Estate

    Judge strikes down eviction halt order

    The Centers for Disease Control exceeded its authority in imposing an order prohibiting landlords from evicting renters during the pandemic, U.S. District Judge Mark Norris ruled Monday. 

    By Tom Bailey March 16, 2021
  • Real Estate

    VECA seeks historic overlay as Greenview Circle seeks inclusion

    The Vollintine-Evergreen Community Association’s effort to become the 17th neighborhood with historic-overlay protections was delayed when an adjoining neighborhood asked to be included. The application now goes back to the Landmarks Commission.

    By Tom Bailey March 11, 2021
  • Real Estate

    Behind on mortgage? New COVID program can help

    The application process for the $7,500 in home-loan payments starts March 15. United Housing will host a free, online workshop on Thursday, March 11, to guide homeowners through that process, but also will counsel anyone struggling to keep current on their mortgage payments.

    By Tom Bailey March 10, 2021
  • Real Estate

    Fox-Greenberg named chief executive of Memphis Heritage

    Leah Fox-Greenberg has a deep history with both preservation work and nonprofit organizations. She will start her job as chief executive of Memphis Heritage in April.

    By Tom Bailey March 09, 2021
  • Premium Real Estate

    Young associate broker confidently embarks on career in retail real estate

    Twenty-six-year-old Hurston Reed has just launched his career at TSCG despite the challenges to retail real estate caused by COVID and e-commerce. “People want to get out of the house and be socially interactive. … I’m very confident in it,” he says.

    By Tom Bailey March 09, 2021
  • Real Estate

    Poplar rezoning moves to public hearing in Germantown

    The Board of Mayor and Aldermen approved a rezoning on the first of three readings. Multiple aldermen said the approval was part of “due process.”

    By Abigail Warren March 08, 2021
  • Real Estate

    State investigating death of Downtown construction worker

    A 36-year-old construction worker fell to his death while helping renovate a building in the Cotton Row National Historic District.

    By Tom Bailey March 08, 2021
  • Premium Real Estate

    Real estate prodigy: Buy, renovate, sell, rent, repeat

    Cameron Ellis is just 27 years old, but his real estate business called WeOffr buys and renovates about 100 houses a year in Memphis and 20 to 40 annually in Nashville. Plus, Ellis is rapidly buying and renovating multifamily properties in the core city.

    By Tom Bailey March 08, 2021
  • Premium Real Estate

    Borja/Petrauskas: Building a world of new ideas in Midtown

    Eduardo Sanchez Borja came here from Mexico at age 14. Laurynas “LP” Petrauskas arrived from Lithuania at 13. Now partners in development, they may help change how Memphians see their built environment.

    By Tom Bailey March 07, 2021
  • Real Estate

    Veteran real estate broker takes leadership role at Avison Young

    Pat Gamble is now senior vice president at Avison Young after spending 24 years with CBRE. Gamble also is broadening his focus to include industrial as well as office real estate.

    By Tom Bailey March 07, 2021
  • Real Estate

    Minglewood owner plans to resume concerts after restrictions lift

    Minglewood Plaza owner Richard Roberts also is looking for someone to manage Minglewood Hall concert venue. Other businesses inside Minglewood Plaza continue to operate.

    By Tom Bailey March 05, 2021
  • Real Estate

    Apartments, commercial space proposed for old Holiday Inn HQ site

    New applications to the Land Use Control Board also include plans for a 156-lot subdivision on Walnut Grove, a 129-lot subdivision near Tenn. 385, and a gated, nine-lot subdivision in East Memphis on White Station Road.

    By Tom Bailey March 04, 2021
  • Real Estate

    Memphis homes on market dip below 2,000; average sales price tops $200,000

    The number of houses sold in Shelby, Fayette and Tipton counties in February dropped 5.2% from a year earlier. But the week of snowy weather was likely a factor.

    By Tom Bailey March 04, 2021
  • Real Estate

    Tax incentive sought for another big Snuff District building

    The developers of the Historic Snuff District plan a second, mixed-use building of six stories, 292 apartments, 420 parking spaces and 10,000 square feet of commercial space. They seek a tax incentive valued at $19 million over 20 years.

    By Tom Bailey March 03, 2021
  • Premium Real Estate

    Court Square Center could change hands

    The existing PILOT on the center runs through December 2026.

    By Blake Fontenay March 02, 2021
  • Real Estate

    Tops Bar-B-Q sells part of its real estate

    The owners of Tops Bar-B-Q have sold at least seven of their 15 restaurant buildings to a Phoenix firm that buys the real estate of businesses and leases it back to them.

    By Tom Bailey March 01, 2021
  • Real Estate

    Residence for veterans, seniors would be part of large U.S. network

    Veterans Services (USA) plans to transform the East Memphis Crowne Plaza into a mixed-use development marketed to veterans and other seniors. The organization’s goal is to operate such a facility in all 50 states.

    By Tom Bailey February 28, 2021
  • Real Estate

    Sold Burger: Earnestine & Hazel’s changes hands

    A new ownership group has bought Earnestine & Hazel’s for $900,000 and and a nearby warehouse for $200,000. The old bar will reopen soon, and the new owner promises to keep those Soul Burgers sizzling.

    By Tom Bailey, Jennifer Biggs February 27, 2021
  • Real Estate

    Interest growing in 74-acre vacant Bartlett property, mayor says

    The former Tennessee Baptist Children’s Home site is considered a prime location in Bartlett due to its high acreage and its proximity to both U.S. Highways 64 and 70.

    By Omer Yusuf March 04, 2021
  • Real Estate

    Board blocks quick-loan business in Whitehaven

    The applicants argued unsuccessfully to the Board of Adjustment that their flexible-loan business is not as financially punishing to customers as payday or title loan shops.

    By Tom Bailey February 24, 2021
  • Premium Real Estate

    Dumpster ire: Landlord cuts tree, installs garbage bin at front sidewalk

    The new owner of an apartment building near the Highland Strip applied for a variance allowing a dumpster to be placed near Walker Avenue. The retroactive request will require the owner to make significant changes for approval amid significant opposition. 

    By Tom Bailey February 24, 2021
  • Real Estate

    Salad restaurant tossed into the mix near URBN on Union

    Salad Expressions will be wedged between the new URBN on Union buildings. The restaurant will open at 1308 Union, which formerly housed E’s 24 Hour Café.

    By Tom Bailey February 24, 2021
  • Real Estate

    Hyatt Centric embraces ‘sights & sounds of Memphis’

    The sales director for the Hyatt Centric offered journalists an early, sneak peek of the $75 million, 227-room luxury hotel that is nearly finished at 33 Beale.

    By Tom Bailey February 24, 2021

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