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Real Estate

  • Real Estate
  • Financial Services
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  • Real Estate

    Design board staff likes new building coming to historic site

    Few people if anybody wanted the demolition of Downtown’s historic Nylon Net Building. But the staff of the Design Review Board gives a thumbs-up to the proposed way that the replacement building would look.

    By Tom Bailey April 03, 2021
  • Real Estate

    NY developer proposes 5-story building on S. Main

    Developer Tom Intrator plans to fill a vacant lot in the heart of South Main with a relatively tall, mixed-use building.

    By Tom Bailey April 01, 2021
  • Real Estate

    Industrial property gets even hotter

    Last year was the second-strongest for for industrial real estate ever recorded by Cushman & Wakefield/Commercial Advisors. But in just the first three months of 2021, the net, new space absorbed by users has already reached 68% of last year’s total.

    By Tom Bailey April 01, 2021
  • Real Estate

    ‘The Walk’ steps up with first design submission

    The Design Review Board gets details about “Building G,” a massive structure of 400 apartments, 27,000 square feet of retail, a parking garage and much more.

    By Tom Bailey April 07, 2021
  • Real Estate

    Ice cream business, self-storage, Orleans Station among new zoning cases

    The new Board of Adjustment applications include a business that wants to produce ice cream in Whitehaven, a 3-acre self-storage business in South City and a 10-acre mixed-use development in the Medical District.

    By Tom Bailey March 31, 2021
  • Real Estate

    Junior Achievement sells Downtown headquarters for $2M

    Junior Achievement sold its two, attached buildings at 299-307 Madison, plus a 25-space parking lot, to ServiceMaster by Stratos. Junior Achievement now occupies a small office at the University of Memphis.

    By Tom Bailey March 31, 2021
  • Real Estate

    Resort, water park planned for old Harrah’s Tunica site

    The redevelopment will feature a 20-acre water park, two hotels with 1,168 rooms, a renovated golf course and more.

    By Tom Bailey March 31, 2021
  • Premium Real Estate

    MyCityRides hires like-minded Nickson contractors to build headquarters

    MyCityRides has raised about 85% of the $3 million it will spend to establish a new, larger headquarters at 3155 Summer Ave. The nonprofit still must raise about $400,000.

    By Tom Bailey March 31, 2021
  • Real Estate

    Fight for eviction moratorium, Cohen urges Justice Dept.

    U.S. Rep. Steve Cohen said he hopes landlords and tenants in Shelby County will “work together” – with the aid of an additional $8.6 million in federal emergency rental assistance – to prevent evictions.

    By Tom Bailey March 30, 2021
  • Premium Real Estate

    New funeral service finds sanctuary, savings in churches

    Former Memphis City Council member Brent Taylor for years has acquired and operated funeral homes in small towns near Memphis. But he recently innovated a relatively affordable funeral service in the heart of the bustling Poplar Corridor in East Memphis.

    By Tom Bailey March 30, 2021
  • Real Estate

    Building housing Hunter Fan’s logistics HQ is sold

    The distribution building that changed hands has been Hunter Fan’s logistics headquarters since 1996.

    By Tom Bailey March 25, 2021
  • Premium Real Estate

    Purchase expands development site to 12 acres where Racquet Club stood

    Property records show that developer Chance Carlisle’s RCM Devco has just added 2.7 acres to the 9.3 acres he plans to develop in East Memphis. The site at 5111 Sanderlin is where the Racquet Club of Memphis closed and was razed.

    By Tom Bailey March 25, 2021
  • Real Estate

    Smoke shop OK’d to open in ‘least favorite case’ ever

    A planned tobacco shop will be allowed to open near Snowden School, but the owner must provide sales documents after the first three months proving that he’s not running a vapor shop, the Board of Adjustment voted.

    By Tom Bailey March 25, 2021
  • Premium Real Estate

    CBIZ takes long view, renovates its Clark Tower perch

    The company that provides accounting, tax, insurance, auditing, and human resource services to businesses decided to stay and renovate its lofty place in Clark Tower.

    By Tom Bailey March 24, 2021
  • Real Estate

    Rhodes College to build new residence hall

    The future residence hall will have more than 61,000 square feet, single rooms, suites, common spaces and a lodge for the campus’ cultural organizations.

    By Tom Bailey March 23, 2021
  • Real Estate

    ‘Orleans Station’ to bring residents, new retail to Medical District

    A new, mixed-use development is designed to bring hundreds of new residents and new retail to a 10-acre area that touches the University of Tennessee Health Science Center campus, Victorian Village, the Edge District and the Medical District.

    By Tom Bailey March 24, 2021
  • Premium Real Estate

    Dispatches from the home front: Buyers battle for houses

    Two extreme lows have turned Memphis into a battleground for would-be homebuyers: Low mortgage interest rates that make borrowing so attractive, and a low number of “For Sale” signs that make finding and grabbing a house so difficult. Experts share their advice.

    By Tom Bailey March 22, 2021
  • Real Estate

    Arlington housing boom, commercial growth fuel Goodwin Homes’ success

    With generations of work as a foundation and decades of experience in the homebuilding business, David Goodwin Jr. is setting the residential landscape in Arlington.

    By Michael Waddell March 22, 2021
  • Real Estate

    Heights CDC unveils winning design to inspire developers, save building

    The first- and second-place designs adapt the vacant Highland Heights United Methodist Church buildings for residential, commercial and community event space. The third-place winner transforms the space into assisted living for seniors.

    By Tom Bailey March 22, 2021
  • Real Estate

    New West Memphis library could spur business along Broadway

    An overflow crowd came for the opening celebration for the new West Memphis Public Library & Innovation Center. Twice as large as the old library, the new place serves the community with much meeting spaces and as a potential catalyst for new development along Broadway.

    By Tom Bailey March 19, 2021
  • Real Estate

    Peabody Place gets a new tenant

    Peabody Place will soon be getting a new tenant. But not in the space that ServiceMaster Brands recently announced plans to vacate.

    By Blake Fontenay March 18, 2021
  • Real Estate

    Alphatec Spine receives incentive to open distribution and repair operation in Memphis

    The California-based medical device company plans to hire 95 employees and spend $3.5 million to open a distribution and repair operation in the city’s southeast industrial submarket.

    By Tom Bailey March 17, 2021
  • 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

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