Long-vacant Holiday Inn, FedEx campus on Lamar gets new owner
A long-vacant office campus where Holiday Inn employees played racquetball and FedEx Corp. tracked planes has new ownership.
Malone EAT LLC, a local real estate holding company, bought the Commerce Center property at 3796 Lamar Ave. from San Jose, California-based TCLT LLC for $800,000.
Developed by Holiday Inn in the 1960s and leased at one time by FedEx, the 33.1-acre property has three buildings with a total of 331,705 square feet.
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Malone EAT LLC MalmoMemphis Real Estate FedEx Corp. Holiday Inn Kemmons Wilson Subscriber OnlyThank you for reading The Daily Memphian. Your support is critical.
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Andy Ashby
Andy Ashby is a veteran reporter with more than 14 years of journalism experience, including stops at the DeSoto County Tribune, the Daily News, and the Memphis Business Journal. He graduated from the University of Tennessee, where he photographed the 1998 National Championship game.
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