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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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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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