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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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Downtown Structured Parking Goes Green

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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Performa Free to Transfer Beale Street Lease to City

Performa Free to Transfer Beale Street Lease to City

Performa Entertainment Real Estate Inc. has cleared the final roadblock in the way of finalizing a lease transfer agreement with the City Of Memphis for the Beale Street Entertainment District.…

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$301M Expansion at Nike’s Memphis Operations

$301M Expansion at Nike’s Memphis Operations

Sports apparel giant Nike Inc. has announced it will be expanding its Memphis operations, investing $301 million…

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LEED Silver Certification for Airways Transit Center

LEED Silver Certification for Airways Transit Center

The U.S. Green Building Council recently awarded the Leadership in Energy and Environmental Design (LEED) Silver Certification to the Memphis Area Transit Authority’s (MATA) Airways Transit Center.…

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Affordable Housing and Midtown High-Rise Sold

Affordable Housing and Midtown High-Rise Sold

A private investor has purchased a 13.1-acre, low-income housing complex near Memphis International Airport…

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Historic Multifamily Property Becomes Dorm

Historic Multifamily Property Becomes Dorm

The National Cotton Council of America’s building at 1918 North Pkwy. has received a new lease on life.…

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Sears Crosstown Building to Be Reborn, Uplift Neighborhood

Sears Crosstown Building to Be Reborn, Uplift Neighborhood

Crosstown LLC, developer and current owner of the historic Sears Crosstown Building in Center City, has announced via a press release the signing of individual memorandums of understanding with nine founding partners…

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Peabody Memphis to Go Under the Knife; Luxury B&B Planned

Peabody Memphis to Go Under the Knife; Luxury B&B Planned

The Peabody Memphis, also referred to as South’s Grand Hotel, is expecting a major facelift. The 464-room hotel will begin a six-month renovation on Nov. 1, one that has been planned for the last few years and in design for one year.…

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