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Real Estate

  • Real Estate
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  • Real Estate

    New plan puts masonry apartments by Broad sidewalk

    North Carolina-based developer requests the Board of Adjustment to review its plan for Broad Avenue Arts District apartments on Nov. 20. 

    By Tom Bailey October 23, 2019
  • Real Estate

    Loeb revives Broad Ave. project with new developer and design

    Property owner Loeb Properties has gone back to the drawing board with a new developer, new architects and a new design for proposed apartment development under the Broad Avenue water tower.

    By Tom Bailey October 22, 2019
  • Real Estate

    Midtown residents lose appeal on design of Peabody Falls apartments

    The Downtown Memphis Commission voted 6-3 Friday, Oct. 18, to uphold its Design Review Board's approval of the design of Peabody Falls apartments in Midtown.

    By Wayne Risher October 18, 2019
  • Real Estate

    Raymond James seeks 8-year tax incentive for office consolidation

    The financial services company would vacate the office tower on Front Street Downtown that bears its name.

    By Terry Hollahan October 11, 2019
  • Spirit of Memphis

    Developers say momentum changing way Memphis sees itself

    Significant commercial real estate projects coming to the city have created a new Memphis cool and instilled more confidence in its future direction, developers say.

    By Jane Roberts October 22, 2019
  • Real Estate

    Building permit filed for former Sigma Alpha Epsilon house

    A building permit application valued at $12 million was filed Oct. 9 for the former Sigma Alpha Epsilon house near the University of Memphis.

    By Elle Perry October 10, 2019
  • Real Estate

    Real estate group eyes benefits of Opportunity Zone investor incentives

    The Memphis Area Association of Realtors Commercial Council on Tuesday presented a discussion of the investor potential of Opportunity Zones and how federal tax law might benefit distressed neighborhoods.

    By Wayne Risher October 09, 2019
  • Real Estate

    The Grove @ Avery, Eads tractor dealership among LUCB cases

    Cases set to go before the Memphis & Shelby County Land Use Control Board next month include a planned development near Christian Brothers University, a southeast Memphis car wash and a tractor sales dealership in Eads.

    By Elle Perry October 08, 2019
  • Transportation & Logistics

    $25M building permit filed for Memphis warehouse

    Patterson Warehouses received a six-year, payment-in-lieu-of-taxes (PILOT) incentive in July from the Economic Development Growth Engine for Memphis and Shelby County.

    By Elle Perry October 07, 2019
  • Real Estate

    Kings of the hill: Competing developers now teaming on Crosstown Mound

    The city has approved two development teams to work together on a plan for the undeveloped Crosstown Mound. The preliminary plan so far includes 80-100 residences, a public park and a building of shared office spaces.

    By Tom Bailey October 04, 2019
  • Real Estate

    HUD’s Ben Carson praises Union Row and Opportunity Zones

    The tax advantages of the new Opportunity Zone program motivate investors to stay involved in new developments for the long-term, which help make struggling areas thrive, HUD Secretary Ben Carson says.

    By Tom Bailey October 04, 2019
  • Real Estate

    Rare sites: New E. Memphis subdivision offers 21 lots

    The new Stockley subdivision in East Memphis offers a relatively rare number – 21 – of lots for luxury homes that will cost $600,000 to $800,000. 

    By Tom Bailey October 04, 2019
  • Premium Real Estate

    $4.5M redevelopment coming to blighted Park Avenue office building

    The University Park Flats project will convert a vacant, blighted office building in an economically distressed stretch of Park Avenue into apartments and a coffee shop.

    By Tom Bailey October 03, 2019
  • Real Estate

    Back taxes paid on Firestone plant site

    A private company has paid all back city and county property taxes on the main parcel of the Firestone Tire & Rubber Co. plant in North Memphis, indicating some possible movement toward new development on the long-dormant site.

    By Bill Dries, Tom Bailey October 02, 2019
  • Real Estate

    New hair salon fills a need in Concourse’s ‘vertical village’

    Hero & Sage salon opens in Crosstown Concourse as a result of one of those conversations that occurs while the stylist cuts a client's hair. 

    By Tom Bailey October 01, 2019
  • Real Estate

    Corner of Poplar at Holmes will soon be transformed

    Construction will start soon on a BP gas station/convenience store on the now-vacant northeast corner of Poplar and Holmes. And next door, the Century Building will soon be demolished to make room for Woodie's Wash Shack car wash.

    By Tom Bailey September 26, 2019
  • Real Estate

    Clothiers buy prime Germantown office building

    The Clothier family has paid $6.1 million for the two-story, 37,000-square-foot office building at 1900 Exeter, in the heart of Germantown. It will be headquarters for their company, Memphis Invest, soon to be called REI Nation.

    By Tom Bailey September 25, 2019
  • Real Estate

    Room to spare: Medtronic to renovate, lease part of its campus

    Medtronic plans to carry out a $5 million renovation of its large office campus in Memphis and to lease out excess space to a business tenant. 

    By Tom Bailey September 25, 2019
  • Real Estate

    Gill Properties lands veteran brokers Dyer, Maynard and their clients

    The 13-year-old Loeb Realty Group will soon cease to exist as its brokers, Frank Dyer III and Barry Maynard, switch over to Gill Properties.

    By Tom Bailey September 24, 2019
  • Real Estate

    Owners trot out plans for old mounted police station

    The long-vacant, long-ignored Barksdale Mounted Police Station still has jail cell bars, horse stable windows and the name of Tennessee’s most infamous politician etched into the ornate front wall. A renovation will soon breathe new life into the city's first “suburban” police station.

    By Tom Bailey September 19, 2019
  • Real Estate

    When developers seek incentives should officials check their backgrounds?

    Extra to our Special Report: Unlike Memphis, some cities dig deep into the backgrounds of developers seeking public incentives.

    By Marc Perrusquia September 18, 2019
  • Real Estate

    Special Report: Union Men, Part 2

    In Part Two of our series: How the Great Recession nearly flattened J. Kevin Adams before he rebounded to assemble possibly his greatest project yet. 

    By Marc Perrusquia September 18, 2019
  • Real Estate

    Union Row 101

    The Three 'R's of Union Row: In an extra to our Special Report, learn the reading, 'riting and 'rithmatic behind Memphis' largest mixed-use development.

    By Marc Perrusquia September 18, 2019
  • Premium Real Estate

    Special report: Union Men

    In Part One of our two-part series: How developers lassoed huge public incentives and millions of out-of-state dollars to redo the face of Downtown.

    By Marc Perrusquia September 17, 2019
  • Real Estate

    Renasant Bank plans new Memphis headquarters building

    Mississippi-based Renasant Bank is seeking a tax incentive for plans to build a new headquarters to serve its Memphis market. The $15.8 million development is to rise at 5575 Poplar, where the now-empty Executive Square office buildings stand.

    By Tom Bailey September 13, 2019

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