Memphis
Gramercy Buys $24M Distribution Facility; Fortune 500 Company Signs 414KSF Lease
Gramercy Capital Corp., a self-managed, integrated commercial real estate investment and asset management company has announced closing on the acquisition of an Olive Branch, Mississippi distribution facility for $24.65 million in all-cash transaction.…
Continue reading →FedEx HQ Sold for $22M; New Walgreens Coming to East Memphis
Escondido, Calif.-based Realty Income Corp. has purchased the FedEx corporate headquarters, paying $22.6 million.…
Continue reading →Amstar, Huntington Buy 500K SF Industrial Portfolio in Memphis; Bull Realty Arranges Sale of $16M Medical Office Building
Denver-based real estate investment manager Amstar and Huntington Industrial Partner, a fully integrated industrial owner and operator have announced the purchase of over 500,000 square feet of industrial space in Memphis, TN.…
Continue reading →LNR Affiliate Picks Up Memphis Marriott for $12.4M; New Breed Logistics Announces $23M Expansion
The 315-key Memphis Marriott at 2625 Thousand Oaks Blvd has sold for $12.4 million in a foreclosure auction to an affiliate of LNR Partners LLC, the Miami Beach, Fla.-based special servicer.…
Continue reading →Self-Storage Complex Goes Green; Millstone Medical Moves to New 150,000-Sq.-Ft. Facility
Absolute Storage Management, a Memphis-based national self-storage company has taken another step down the eco-friendly road.…
Continue reading →Helen of Troy Announces $37M Distribution Facility
El Paso, TX-based Helen of Troy Limited has announced it will be expanding its presence in the greater Memphis area by constructing a new 1.3 million square feet distribution facility in Olive Branch, Mississippi, increasing its presence in the area by approximately 30 percent.…
Continue reading →Foxwood Apartments and Kensington Manor Apartments Sold in Memphis
The Greater Memphis Area’s multifamily experienced a fair amount of activity recently with two apartment communities trading in just a few days’ time.…
Continue reading →Downtown Structured Parking Goes Green
The Bluff City just got a little greener. Green Ballast Inc., a Memphis-based energy solutions company, has announced it will be upgrading the lighting system at one of Belz Enterprises’ structured parking facilities.…
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