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International Paper building sold

By , Daily Memphian Updated: October 11, 2025 6:05 PM CT | Published: October 08, 2025 1:11 PM CT

The 238,600-square-foot International Paper IV in East Memphis has been acquired by a Los Angeles, California-based real estate firm.

AXS Opportunity Fund bought the building at 1740 International Drive from Peakstone Realty Trust, a Chicago-based real estate investment company.

Details of the sale were not disclosed.

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Dima Amro

Dima Amro is a native Memphian who covers commercial real estate and economic development for The Daily Memphian. She received her B.A. in journalism at the University of Memphis and M.A. in investigative journalism at American University.


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