Despite the beginnings of what will likely be a pandemic-caused recession, the industrial vacancy rate for the first three months in the Memphis area was 6.5%. That is below the five-year average of 7.8%.
The owner of a Whitehaven tire and repair shop is searching for a way to store and protect his inventory from theft in a way that does not violate zoning.
The Center City Development Corp. has now approved about $200,000 in forgivable loans for 33 Downtown businesses.
The site is where the Grimes Memorial United Methodist Church building was closed and demolished last year.
The real estate industry is deemed an essential business and is still operating during the pandemic. But agents are taking such safety precautions as hosting live, virtual open houses and arranging drive-by closings.
Will demand for space in office buildings go up or down as a result of COVID-19? How does a company balance teamwork and social distancing in designing its floor plan? We picked the brains of several leaders in the world of Memphis office buildings.
Applications were filed this week to build two different kinds of apartment developments, one for the working poor and the other for tenants who will have good views of Overton Park.
Acting with a sense of urgency, the Center City Development Corp. board approved the first forgivable loans for eight Downtown businesses that have been disrupted by COVID-19.
A supply chain company and a countertop fabricator are seeking tax incentives from the Economic Development Growth Engine Wednesday, April 15.
A trucking firm's co-owner realized his new business was no longer an experiment when employees started feeling secure enough to buy bigger and better houses. That's when RDX started looking for a place to build a bigger headquarters.
The Land Use Control Board endorsed rezoning from residential to light-industrial uses 66 acres just north of Memphis International Airport. The site is where 258 homes were removed decades ago as part of a noise-abatement program.
Sources say Google has homed in on undeveloped land fronting Interstate 55, just north of Tanger Outlets, for a customer-support center that will employ more than 350 people.
So much of DeeO's Seafood restaurants' business is takeout or delivery anyway, the owners decided to sign a long-term lease for their third restaurant in the Memphis area.
The old Spaghetti Warehouse property on West Huling will become home to the new corporate headquarters for the company that began Holiday Inns.
And another residential subdivision is being proposed in Raleigh, this one comprising 11 lots near the intersection of James Road and Warford Street.
Joel Weinshanker's Made in Memphis LLC is set to move into the old Graves Elementary building in Whitehaven. Job training will be linked to Shelby County Schools.
Many commercial landlords in Memphis are using a range of options to help business tenants that have little or no income to pay rent during the COVID-19 pandemic.
A California-based private real estate investment and development company has bought the mixed-use development two blocks west of the University of Memphis.
Boyle Investment Co. has purchased four of the city’s premier office buildings in East Memphis as seller Highwoods Properties continues to divest itself from Memphis.
Gregory Realty has just purchased the Cooper-Young shopping center occupied by local and national tenants.
Taking the long view, Gill Properties is forging ahead with construction of a $3.9 million commercial center in East Memphis despite the recent economic disruption caused by COVID-19.
Members of a Downtown Memphis Commission board used a teleconference to keep their social distance and to approve a $30,000 grant to bring the healthy food business to Peabody Place.
Two river bluff buildings will be converted into 112 apartment units and 5,300 square feet of commercial space on Front Street.
Realtors say they intend to tell potential homebuyers to remain in their cars if too many of them show up to open houses at the same time.
Construction is expected to start on Oaks Edge in three to four months now that the Health, Educational and Housing Facility Board has approved a tax incentive for the senior-living development in East Memphis.