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Real Estate

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    Raymond James files more allegations against landlord

    Raymond James wants to go another legal round against its Downtown Memphis landlord. The company also reveals that six years ago it negotiated to be anchor tenant for what is likely the planned One Beale office tower. 

    By Tom Bailey May 19, 2020
  • Real Estate

    Pandrol, Ampro plan to invest more in manufacturing

    Pandrol plans to increase its capital investment in Memphis from $9.3 million to $12.9 million, and Ampro plans to invest $6 million to manufacture a new product line at its plant in Frayser.

    By Tom Bailey May 15, 2020
  • Real Estate

    Developer proposes apartments next to Fairgrounds, designed by LRK

    A four-story, 127-unit apartment building is proposed for the east edge of the Fairgrounds.

    By Tom Bailey May 15, 2020
  • Real Estate

    Graceland-linked production plant wins planning board’s OK

    Despite a “rejection” recommendation from the Office of Planning & Development, the Land Use Control Board voted 6-4 to approve construction of a production facility, using 3-D printing, in the middle of single-family homes in Whitehaven.

    By Tom Bailey May 14, 2020
  • Real Estate

    Longtime South City businesses plan renovations

    Both founded in South City in the 1960s, Paradise Entertainment Center and Tom Martin's Body Shop plan to improve the exterior of their buildings.

    By Tom Bailey May 13, 2020
  • Premium Real Estate

    Lululemon coming to Midtown

    The athletic-apparel chain will open its second, Memphis-area store at the southwest corner of Central and Cooper. The 111-year-old building last housed Toad Hall Antiques. 

    By Tom Bailey May 12, 2020
  • Premium Real Estate

    Grind City Brewing beers hitting local shelves this coming week

    The first 500 cases of beer from the city's newest craft brewery rolled away Monday toward groceries, liquor stores and bars. The taproom will open once a power pole is moved so the city can restore access to the site. 

    By Tom Bailey May 12, 2020
  • Real Estate

    As art school winds down, what’s next for Rust Hall, Brooks buildings?

    The pandemic may be delaying the city's process for selecting the next users of Rust Hall and the Brooks Museum of Art building in Overton Park.

    By Tom Bailey May 08, 2020
  • 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
  • Real Estate

    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

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