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Hotel Equities Selected to Manage 96-Key Courtyard by Marriot in East Memphis

Hotel Equities Selected to Manage 96-Key Courtyard by Marriot in East Memphis

Atlanta-based Hotel Equities has announced being appointed manager of the 96-key, three-story Courtyard Memphis East/Bill Morris Parkway, located on East Kirby Parkway.…

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Deal to Sell AutoZone Has $20M Price Tag and $20M Improvements Commitment

Deal to Sell AutoZone Has $20M Price Tag and $20M Improvements Commitment

Things are heating up the Bluff City with what could be the most high-impact deal for the city reaching the 11th hour: the sale of the AutoZone Park and Memphis Redbirds minor league baseball team and franchise.…

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Paramount Lodging Advisors Closes Sale of 118-Key Memphis Hotel

Paramount Lodging Advisors Closes Sale of 118-Key Memphis Hotel

Paramount Lodging Advisors (PLA) completed the sale of the 118-key Drury Inn & Suites Northeast Memphis on behalf of DSW Inns, LLC, announced the hospitality industry-centric brokerage and advisory firm.…

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Lodging Capital Partners and Lubert-Adler Team Up On Embassy Suites Memphis Acquisition

Lodging Capital Partners and Lubert-Adler Team Up On Embassy Suites Memphis Acquisition

Real estate investment banking firm RobertDouglas announced it has advised Chicago-based Lodging Capital Partners LLC and Philadelphia-based Lubert-Adler Management Co. on the $22.6 million acquisition financing of the 220-key Embassy Suites Memphis.…

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Olymbec Pays $23M for 1.8M SF Industrial Park

Olymbec Pays $23M for 1.8M SF Industrial Park

Olymbec USA, part of Canadian commercial and residential real estate owner and manager Olymbec, has announced the acquisition of Bellbrook, a 1.8 million square-foot industrial park located at the intersection of Brooks Road and I-55, next to the Olymbec-owned Space Center Industrial Portfolio, within the heart of the Memphis’ distribution…

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Growth Properties Hospitality Management to Manage Memphis Airport Hotel & Conference Center

Growth Properties Hospitality Management to Manage Memphis Airport Hotel & Conference Center

Bensalem, Pennsylvania-based Growth Properties Hospitality Management has announced striking a deal for providing management services to the Memphis Airport Hotel & Conference Center, a 374-key hotel near Memphis International Airport.…

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Memphis Partnership Pays $454K for 42-Unit Apt. Property

Memphis Partnership Pays $454K for 42-Unit Apt. Property

For some vintage is irresistible. That seems to be the case for a Memphis partnership that just purchased the 1936-built Alta Vista apartments.…

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80K SF FedEx Facility Breaks Ground; 451-Car Parking Opens in Overton Square

80K SF FedEx Facility Breaks Ground; 451-Car Parking Opens in Overton Square

FedEx Corp. subsidiary FedEx Express has announced commencing construction on the newest facility at the FedEx Express WorldHub in Memphis: an 80,000-square-foot state-of-the-art temperature controlled facility and heavyweight pickup and delivery operation.…

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PRG Real Estate Acquires 352-Unit Memphis Apartment Community

PRG Real Estate Acquires 352-Unit Memphis Apartment Community

Philadelphia-based PRG Real Estate Management Inc. has announced the acquisition of Church Lake Apartments, a 352-unit garden-style apartment community located in Southaven, MS.…

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600-Room Sheraton Memphis Downtown Opens After Reconversion

600-Room Sheraton Memphis Downtown Opens After Reconversion

The Sheraton Memphis Downtown has officially opened, hosting a grand opening ceremony with company, as well as local officials in attendance.…

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Unilever Announces $108M Expansion; Olive Branch Gets 25KSF HomeGoods

Unilever Announces $108M Expansion; Olive Branch Gets 25KSF HomeGoods

The Greater Memphis Area is about to be one retail option richer, with a HomeGoods store set to open in early October in the submarket if Olive Branch.…

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University of Memphis Breaks Ground on $53M Student Housing

University of Memphis Breaks Ground on $53M Student Housing

University of Memphis has taken a major step towards the future by breaking ground on a new residency hall.…

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