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Real Estate

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  • Real Estate

    Bartlett passes ordinance to lower development bond requirements

    Changes to the bonding formula for new projects in Bartlett should result in savings for developers.

    By Michael Waddell July 29, 2020
  • Premium Real Estate

    Big warehouse near FedEx home office, TPC Southwind is sold

    A South Carolina real estate investment firm just bought the Southwind area's 817,000-square-foot warehouse that had been used for decades by Nike.

    By Tom Bailey July 25, 2020
  • Premium Real Estate

    MLGW pole blocks Grind City from opening taproom

    Owners have spent nearly $11 million building Grind City Brewery Co. near Uptown. They are frustrated that the taproom's opening has been delayed for months while they wait for MLGW to move a power pole from the middle of the access drive. 

    By Tom Bailey July 24, 2020
  • Real Estate

    New Downtown grant would help with pre-construction costs

    The proposed "Pre-Development Assistance Grant" would provide up to $5,000 for such costs as marketing studies, architecture, engineering and environmental assessments. 

    By Tom Bailey July 23, 2020
  • Premium Real Estate

    C-store/gas stations fuel American dream for hard-working couple

    Rooziman and Nighat Shah have just bought 45 acres at Hacks Cross and Shelby Drive, with plans to build a convenience store/gas station as well as a 16,000-square-foot shopping center on the corner. They own more than 100 C-stores in and around the Memphis area.

    By Tom Bailey July 23, 2020
  • Real Estate

    210 units for Nylon Net Building, Oakhaven warehouse approved

    The current plan for the adaptive reuse of the Nylon Net Building is to build 199 apartments and a two-level parking structure with 230 spaces.

    By Tom Bailey July 22, 2020
  • Premium Real Estate

    Amazon locating sixth Memphis-area facility in Horn Lake

    The e-commerce giant will now operate more than 4 million square feet of facilities in the Memphis area.

    By Tom Bailey July 21, 2020
  • Premium Real Estate

    Proposed C-store on Broad draws 93 opposition emails

    Opponents' reasons can be grouped into about 10 categories, from traffic congestion to environmental concerns over underground gas tanks. Still, the Office of Planning Development has recommended the C-store be approved because the area around it has become more commercial. But now the case may be delayed until late August.

    By Tom Bailey July 21, 2020
  • Premium Real Estate

    Pandemic boosts Memphis-style industry: Distribution

    Strong industrial real estate activity happened in the Memphis market during April, May and June, in part because of the pandemic, not despite it. 

    By Tom Bailey July 17, 2020
  • Premium Real Estate

    Father and son team aim to transform building near Medical District

    A two-story commercial building at the seam of Central Gardens and the Medical District will soon become 18 units of luxury apartments.

    By Tom Bailey July 16, 2020
  • Premium Real Estate

    Cordova snags a Hook & Reel

    Yet another seafood boil restaurant is coming to Memphis. The Hook & Reel will breathe new life into a building where an O'Charley's Restaurant closed recently.

    By Tom Bailey July 14, 2020
  • Premium Real Estate

    Chick-fil-A in Wolfchase district among state’s largest

    Chick-fil-A's unusually short but expensive move seems to affirm the Wolfchase shopping district has still got 'it': The power to draw customers from far and wide.

    By Tom Bailey July 13, 2020
  • Real Estate

    Sellers rule as home listings keep shrinking

    The number of houses for sale in the Memphis area has dropped by a third over the past year.

    By Tom Bailey July 10, 2020
  • Real Estate

    Planning board - again - approves Elvis Presley manufacturing site and Cooper-Young four-plex

    After the City Council sent the cases back, the Land Use Control Board for a second time approved two development proposals over the stiff opposition of neighbors.

    By Tom Bailey July 09, 2020
  • Real Estate

    Google taps Southaven for first center of its kind in U.S.

    Google's goal is to hire 100 people by the end of 2020 and open its operations center at 5665 Airways by summer 2021.

    By Tom Bailey July 09, 2020
  • Real Estate

    Senior living, warehouse projects will total $85M, documents show

    Building permit applications have been filed for a $35 million senior living facility in southeast Memphis and a $50 million warehouse near the airport.

    By Tom Bailey July 09, 2020
  • Real Estate

    Event center proposed near Summer Ave. Corridor

    The applicant proposing The Stratford event center plans several measures to prevent the commercial activity from affecting residences nearby.

    By Tom Bailey July 07, 2020
  • Real Estate

    Raymond James takes another step from Downtown toward E. Memphis

    Building permit applications show Raymond James plans to spend $7.25 million renovating the 1100 Ridgeway Loop building and $6.33 million renovating the 889 Ridge Lake building.

    By Tom Bailey July 07, 2020
  • Premium Real Estate

    Mixed-use development proposed for Poplar Plaza’s corner at Poplar & Highland

    Finard Properties has filed requests with the planning board to transform Poplar Plaza's southeast corner into a mixed-use development. A rendering indicates existing buildings on the corner will be replaced with six- or seven-story structures.

    By Tom Bailey July 07, 2020
  • Premium Real Estate

    5.11 Tactical aims for Memphis

    The retail chain that serves civilian and professional gun shooters, law enforcement and other first responders has signed a lease in the Market at Wolfcreek, across from Wolfchase Galleria.

    By Tom Bailey July 06, 2020
  • Real Estate

    Soybean field turned Square starts to take shape

    Two of Silo Square's mixed-use buildings, each three stories, are effectively designed as illusions, with a nod to the past. The presence of a kitchen-appliance delivery truck nearby signals that completion of those buildings is within the near future. 

    By Tom Bailey July 06, 2020
  • Premium Real Estate

    Gregory Realty buys Bartlett Station Plaza shopping center

    Hulet and Jackie Gregory this week bought the 85,000-square-foot Bartlett Station Plaza shopping center. Gregory Realty now has about 30 commercial properties and is hunting for more.

    By Tom Bailey July 02, 2020
  • Real Estate

    Nashville-based Gorney Realty buys 2 more E. Memphis office buildings

    Gorney Realty Partners just bought the Centrum and Colonnade office buildings in East Memphis from Highwoods Properties.

    By Tom Bailey July 02, 2020
  • Real Estate

    City moves forward on larger Leftwich Tennis Center

    The estimated $19 million project will provide 12 indoor courts, 24 outdoor courts and other amenities for both public tennis players and the University of Memphis Tiger tennis teams. 

    By Tom Bailey July 02, 2020
  • Premium Real Estate

    Southwest community college plans expansion, new ‘front door’ on Union

    Southwest Tennessee Community College plans to convert the closed Office Depot building near Downtown for its performing arts programs, for an array of student services, for a bit of retail to serve students and for a more prominent presence along busy Union Avenue.

    By Tom Bailey July 01, 2020

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