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Memphis to Build Green Lanes; Student Hall Silver LEED Certified

Memphis to Build Green Lanes; Student Hall Silver LEED Certified

It has been a great week for Memphis green initiatives. One of the biggest news for those with environmentally friendly mindset, was Memphis Mayor AC Wharton’s announcing plans to implement a network of protected bike lanes in Memphis as part of the city’s commitment to the Green Lane Project.…

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IDI to to Add 650KSF to Distribution Center In Olive Branch, Miss.; Community College to Convert Kroger’s into Teaching Facilities

IDI to to Add 650KSF to Distribution Center In Olive Branch, Miss.; Community College to Convert Kroger’s into Teaching Facilities

Atlanta-based full-service industrial real estate company Industrial Developments International (IDI) has announced expansion plans for its Crossroads Distribution Center in Olive Branch, Miss.…

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Roxul Breaks Ground on $160M Manufacturing Facility

Roxul Breaks Ground on $160M Manufacturing Facility

Milton, Canada-headquartered Roxul, Inc. has officially broken ground on its first United States manufacturing facility.…

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$24M Chisca Hotel Redevelopment Has Official Groundbreaking

$24M Chisca Hotel Redevelopment Has Official Groundbreaking

The dilapidated Chisca hotel on busy South Main Street is officially in full redevelopment mode and has a strong new partner to boast as well.…

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Development Partners Plan 197-Unit Apartment Project for South Main Arts District

Development Partners Plan 197-Unit Apartment Project for South Main Arts District

Two heavyweights of the Memphis business world are looking to develop a new multifamily project in The Bluff City’s South Main submarket.…

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Community College Breaks Ground on 37KSF Facility; Hyatt Place Germantown Sold for $11M

Community College Breaks Ground on 37KSF Facility; Hyatt Place Germantown Sold for $11M

Northwest Mississippi Community College is keeping up with the Mid-South’s increase in manufacturing operations by the addition of a new Mechanical Technology Building, as part of the college’s Career-Technical facilities.…

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Compass Acquires 56K SF Storage Facility; Medical Office Building and Retail Centers Sold

Compass Acquires 56K SF Storage Facility; Medical Office Building and Retail Centers Sold

Amsdell Companies member Compass Self Storage LLC has purchased its sixth property in the Greater Memphis Area.…

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Panther Acquires Memphis Properties in $75M Portfolio Acquisition

Panther Acquires Memphis Properties in $75M Portfolio Acquisition

Panther Properties Investment, LLC, a Boston-based private equity multifamily investment firm has announced purchasing a three-property multifamily portfolio for $75 million…

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Entity Buys Class A Warehouse Space; CushWake Affiliate Lands 2.5M SF Management Contract

Entity Buys Class A Warehouse Space; CushWake Affiliate Lands 2.5M SF Management Contract

The industrial property market remains strong in the Memphis metro area, with industrial properties being transactioned on a weekly basis.…

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Gramercy Buys $24M Distribution Facility; Fortune 500 Company Signs 414KSF Lease

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.…

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FedEx HQ Sold for $22M; New Walgreens Coming to East Memphis

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.…

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Amstar, Huntington Buy 500K SF Industrial Portfolio in Memphis; Bull Realty Arranges Sale of $16M Medical Office Building

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.…

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