Memphis retail market booms despite challenges
The outside of the $67-million mixed-use apartment complex at Orleans Station. The complex will have 13 buildings with 258 one-bedroom apartments, 43 bedrooms with an office space and 71 two-bedrooms units. (Neil Strebig/The Daily Memphian file)
Building permits, which traditionally take a week to process, are taking nearly a month now, causing delays in leasing and development in the retail market.
Topics
retail commercial Jones Aur Cushman and Wakefield Commercial Advisors Avison Young Gill Properties Downtown Memphis Commercial Real Estate Subscriber Only2025 is almost over. Now is the time to support your trusted local news source.
Will you help us reach more Memphians with quality, in-depth local news? Make a fully tax-deductible donation or other contribution to The Daily Memphian, a 501(c)3 nonprofit news organization, today.
Thank you for keeping up with what’s happening in Memphis. Thank you for investing in our community’s trusted local news source.
Neil Strebig
Neil Strebig is a chef turned journalist covering economic development and commercial real estate for The Daily Memphian. He grew up in Pennsylvania and has worked at media outlets including the York Daily Record/USA Today Network and most recently as Report for America Corps Member with Lookout Santa Cruz. He is a graduate of Point Park University in Pittsburgh.
Comments
Want to comment on our stories or respond to others? Join the conversation by subscribing now. Only paid subscribers can add their thoughts or upvote/downvote comments. Our commenting policy can be viewed here.