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Education Realty Trust and NewSouth Capital Management to Occupy Ridgeway Center

Education Realty Trust and NewSouth Capital Management to Occupy Ridgeway Center

By Amalia Otet, Associate Editor Boyle Investment Co. has recently closed on two new long-term office leases that will bring Ridgeway Center’s occupancy to 95 percent. Education Realty Trust and NewSouth Capital Management are to join other notable tenants of the [...]…

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Poplar Plaza Boasts New Tenants; Greyhound Terminal on Sale for $2.3M

Poplar Plaza Boasts New Tenants; Greyhound Terminal on Sale for $2.3M

By Amalia Otet, Associate Editor Poplar Plaza is currently undergoing several changes that are expected to boost its occupancy up to 98 percent from the current 88 percent, according to the Daily News. The 360,000-square-foot outdoor strip mall sits on 28 [...]…

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Magnolia Homes boasts new community in Collierville

Magnolia Homes boasts new community in Collierville

By Amalia Otet, Associate Editor Collierville emerges once more as one of Memphis’ strongest submarkets as new housing projects are coming to fruition. Germantown, Tenn.-based Magnolia Homes is currently working on its newest development in the heart of Collierville, called Village Park. [...]…

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Beale Street Landing Project Brings the American Queen to Memphis

Beale Street Landing Project Brings the American Queen to Memphis

By Amalia Otet, Associate Editor The Riverfront Development Corp., a non-profit organization committed to reshaping the Memphis riverfront and turning it into an outdoor recreational venue, is making efforts to keep the Beale Street Landing project on track. With financing coming from [...]…

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Methodist to Break Ground on Olive Branch Hospital; International Paper to Buy Rival in $4.3B Deal

Methodist to Break Ground on Olive Branch Hospital; International Paper to Buy Rival in $4.3B Deal

By Amalia Otet, Associate Editor With seven hospitals, several home health agencies and outpatient clinics to serve the Mid-South, Methodist Le Bonheur Healthcare is set on further expansion. Its latest plans include the opening of a new hospital in Olive Branch [...]…

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Kroger, Radians to Add New Jobs in Memphis

Kroger, Radians to Add New Jobs in Memphis

By Amalia Otet, Associate Editor Radians, a Bartlett-based supplier of personal protective equipment, recently announced plans to expand its business by acquiring a 92,000-square-foot facility in Memphis that would help consolidate all its functions, including warehousing and distribution. The project calls [...]…

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The Pyramid to Receive Over $200M in Renovations

The Pyramid to Receive Over $200M in Renovations

By Amalia Otet, Associate Editor The Pyramid is now one step closer to revitalization, as the Center City Revenue Finance Corp. recently approved the bond financing that would help kick off the much-awaited project on October 1. The City of Memphis plans [...]…

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Waterford Place Apartments, Memphis Airport Hotel & Conference Center Bought Out of Foreclosure

Waterford Place Apartments, Memphis Airport Hotel & Conference Center Bought Out of Foreclosure

By Amalia Otet, Associate Editor The Memphis housing market shows signs of a recovery as home sales improve month after month. Yet foreclosures still bring about the best investment opportunities, especially in the multifamily sector as the general economic trend continues [...]…

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Outlet Mall Planned for Southaven; Mayfield Properties Invests $35.8M in Memphis Depot Business Park

Outlet Mall Planned for Southaven; Mayfield Properties Invests $35.8M in Memphis Depot Business Park

By Amalia Otet, Associate Editor Much like the general trend recorded in Memphis commercial real estate recently, the Southaven retail submarket seems to be rather stable. One of the latest investors that acknowledged the great potential of the area is Poag [...]…

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Renovations Underway at Cedar Hotel, Holiday Inn Select Memphis East and One Commerce Square

Renovations Underway at Cedar Hotel, Holiday Inn Select Memphis East and One Commerce Square

By Amalia Otet, Associate Editor The real estate industry in Memphis is undergoing a facelift these days, as it sees the renovation of several of its most illustrative pieces. The Cedar Hotel, located on East Brooks Road in Whitehaven, just 1.7 miles [...]…

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Villas at Cordova in Memphis Sold for $14.2 Million; Gardenwood Apartments Refinanced

Villas at Cordova in Memphis Sold for $14.2 Million; Gardenwood Apartments Refinanced

By Amalia Otet, Associate Editor Cordova continues to emerge as a premium Memphis submarket, bringing forward optimum investment opportunities in the multi-housing sector. LNR Property LLC, a market leader in commercial properties development headquartered in Miami Beach, Florida has recently acquired through [...]…

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Memphis Housing Authority Opens Lyons Ridge Apartments; Legends at Wolfchase Sell for $27.8M

Memphis Housing Authority Opens Lyons Ridge Apartments; Legends at Wolfchase Sell for $27.8M

By Amalia Otet, Associate Editor The City of Memphis and the Memphis Housing Authority (MHA), assisted by The Memphis Land Bank, joined forces a few years back in an effort to rejuvenate long-dormant communities throughout the city. Their latest success was [...]…

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