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Real Estate A Shreveport, Louisiana,-based commercial real estate and operating company has purchased 20 single-tenant distribution warehouse buildings near Memphis International Airport. -
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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.
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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.
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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).
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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%.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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Real Estate
Proposed industrial park near airport takes step forward
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.
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Google Operations Center may land at wooded site in Southaven
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.
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DeeO’s Seafood signs lease for 3rd site despite COVID-19
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.
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Real Estate
Kemmons Wilson Cos. plans move into Downtown historic building
The old Spaghetti Warehouse property on West Huling will become home to the new corporate headquarters for the company that began Holiday Inns.
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Racquet Club redevelopment stalls; acreage may shrink
And another residential subdivision is being proposed in Raleigh, this one comprising 11 lots near the intersection of James Road and Warford Street.
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Real Estate
Vo-tech training to include 3-D printing and production
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.
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Real Estate
Landlords choose ways to help business tenants during crisis
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.
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Highland Row sells for $65 million
A California-based private real estate investment and development company has bought the mixed-use development two blocks west of the University of Memphis.
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Boyle buys four Highwoods office buildings
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.
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Midtown shopping center sells
Gregory Realty has just purchased the Cooper-Young shopping center occupied by local and national tenants.
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Developers unfazed by COVID economy, forge ahead with construction
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.
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