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Real Estate

  • Real Estate
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  • Real Estate

    April home sales drop (only) 15%

    Yes, the pandemic pushed home sales down substantially. But the agents still completed 1,456 transactions under trying conditions. And this weekend, look for the return of open houses.

    By Tom Bailey May 08, 2020
  • Real Estate

    ‘Go-getters’ bringing tractor dealership to Memphis market

    Just 33 years old, twins Ron and Don Parks of Union City will soon start building their fifth dealership of farm and lawn equipment, and their first in the Memphis market.

    By Tom Bailey May 08, 2020
  • Real Estate

    Mid-America Apartments earnings tick up slightly despite COVID-19

    MAA reported revenues and expenses ticked up slightly, while the COVID-19 pandemic started to affect the multifamily rental business as the first quarter closed.

    By Wayne Risher May 06, 2020
  • Update Real Estate

    UPDATED: Revised plan changes parking for OaksEdge

    Developers of the upscale, senior-living development in East Memphis are dropping plans for underground parking and instead want to build a surface parking lot, eliminating 10 cottages but speeding up construction. 

    By Tom Bailey May 06, 2020
  • Real Estate

    Dual-branded hotel proposed for Union/I-240

    The owners of the old Econo Lodge near Union and Interstate 240 want to raze it and build a dual-branded hotel: Townplace Suites and Fairfield Inn & Suites. 

    By Tom Bailey May 05, 2020
  • Premium Real Estate

    Houses razed for Overton Square apartments

    LPI Memphis, the owner of Overton Square, plans to build a three-story, 18-unit apartment building in the entertainment and dining district.

    By Tom Bailey May 04, 2020
  • Premium Real Estate

    UPDATE: YMCA will make Goodlett Farms building its HQ and Resource Center

    The YMCA of Memphis & the Midsouth confirmed Saturday that it bought and will use as its resource center a 55,888-square-foot office building in Cordova's Goodlett Farms office park.

    By Tom Bailey May 02, 2020
  • Premium Real Estate

    St. Clair Foods keeps growing in Whitehaven

    A building permit application filed this week is part of a $20 million project to enlarge and upgrade St. Clair Foods, which makes potato salad and many other refrigerated or frozen side dishes and has an expanded deal with Sam's Club stores.

    By Tom Bailey May 01, 2020
  • Premium Real Estate

    Builders can now go online for construction permits

    The new online convenience is part of a new approach, called "Develop901," to make it easier to proceed through the planning, construction and development process. 

    By Tom Bailey May 01, 2020
  • Real Estate

    Barefoot Bride moves to Downtown’s historic Emerge Building

    The by-appointment-only bridal boutique shop started in Cooper-Young, moved to East Memphis, and now moves to the South Main District. 

    By Tom Bailey April 29, 2020
  • Real Estate

    It’s clear: Plastic sheets are in demand as virus barrier

    A Step Ahead Foundation is already preparing its office for when employees return. A construction crew this week is installing clear-plastic barriers between open desks, and that material is in high demand.

    By Tom Bailey April 29, 2020
  • Real Estate

    Industrial buildings change hands

    A Shreveport, Louisiana,-based commercial real estate and operating company has purchased 20 single-tenant distribution warehouse buildings near Memphis International Airport.

    By The Daily Memphian Staff April 29, 2020
  • Premium Real Estate

    Homing in on a home office that really works

    The kitchen table might function fine as a home office for a few hours, but eight hours a day for weeks at a time? Some Memphis architects share their experiences with their own home offices during the pandemic, and what they believe makes a home office work well.

    By Tom Bailey April 27, 2020
  • North Memphis

    A new Starbucks may be brewing for Raleigh

    Neither Starbucks nor the developer has confirmed it, but a building permit document suggests that Raleigh may soon have its own Starbucks coffee shop.

    By Tom Bailey April 24, 2020
  • Real Estate

    46 Downtown businesses given $260,000 to help survive pandemic

    Sixty-three percent of the 46 Downtown businesses receiving the forgivable loans were minority and women-owned business enterprises (MWBE).

    By Tom Bailey April 25, 2020
  • Premium Real Estate

    Memphis industrial activity ‘solid’ in early 2020

    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%.

    By Tom Bailey April 23, 2020
  • Real Estate

    A fence of shipping containers deters theft, violates zoning

    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.

    By Tom Bailey April 22, 2020
  • Real Estate

    $65,000 in forgivable loans approved for 13 Downtown businesses

    The Center City Development Corp. has now approved about $200,000 in forgivable loans for 33 Downtown businesses. 

    By Tom Bailey April 22, 2020
  • Real Estate

    Chick-fil-A coming to Summer Avenue

    The site is where the Grimes Memorial United Methodist Church building was closed and demolished last year.

    By Tom Bailey April 21, 2020
  • Real Estate

    Safe houses: Real estate agents adapt to COVID-19

    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. 

    By Tom Bailey April 21, 2020
  • Real Estate

    Space odyssey: Exploring the future of Memphis offices after COVID-19

    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.

    By Tom Bailey April 20, 2020
  • Real Estate

    Developers press on with apartments near Overton Park, airport

    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.

    By Tom Bailey April 15, 2020
  • Real Estate

    Forgivable loans approved for 8 Downtown businesses

    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. 

    By Tom Bailey April 13, 2020
  • Real Estate

    Logistics company DHL, countertop maker seek EDGE tax breaks

    A supply chain company and a countertop fabricator are seeking tax incentives from the Economic Development Growth Engine Wednesday, April 15.

    By Wayne Risher April 12, 2020
  • Premium Real Estate

    RDX grew from house in Bartlett to turning Mall of Memphis into HQ

    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.

    By Tom Bailey April 10, 2020

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