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Memphis


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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LNR Affiliate Picks Up Memphis Marriott for $12.4M; New Breed Logistics Announces $23M Expansion

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.…

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Self-Storage Complex Goes Green; Millstone Medical Moves to New 150,000-Sq.-Ft. Facility

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.…

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Helen of Troy Announces $37M Distribution Facility

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.…

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Foxwood Apartments and Kensington Manor Apartments Sold in Memphis

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.…

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