Memphis
Kroger, Radians to Add New Jobs in Memphis
By Amalia Otet, Associate Editor Radians, a Bartlett-based supplier of personal protective equipment, recently announced plans to expand its business by acquiring a 92,000-square-foot facility in Memphis that would help consolidate all its functions, including warehousing and distribution. The project calls [...]…
Continue reading →The Pyramid to Receive Over $200M in Renovations
By Amalia Otet, Associate Editor The Pyramid is now one step closer to revitalization, as the Center City Revenue Finance Corp. recently approved the bond financing that would help kick off the much-awaited project on October 1. The City of Memphis plans [...]…
Continue reading →Waterford Place Apartments, Memphis Airport Hotel & Conference Center Bought Out of Foreclosure
By Amalia Otet, Associate Editor The Memphis housing market shows signs of a recovery as home sales improve month after month. Yet foreclosures still bring about the best investment opportunities, especially in the multifamily sector as the general economic trend continues [...]…
Continue reading →Outlet Mall Planned for Southaven; Mayfield Properties Invests $35.8M in Memphis Depot Business Park
By Amalia Otet, Associate Editor Much like the general trend recorded in Memphis commercial real estate recently, the Southaven retail submarket seems to be rather stable. One of the latest investors that acknowledged the great potential of the area is Poag [...]…
Continue reading →Renovations Underway at Cedar Hotel, Holiday Inn Select Memphis East and One Commerce Square
By Amalia Otet, Associate Editor The real estate industry in Memphis is undergoing a facelift these days, as it sees the renovation of several of its most illustrative pieces. The Cedar Hotel, located on East Brooks Road in Whitehaven, just 1.7 miles [...]…
Continue reading →Villas at Cordova in Memphis Sold for $14.2 Million; Gardenwood Apartments Refinanced
By Amalia Otet, Associate Editor Cordova continues to emerge as a premium Memphis submarket, bringing forward optimum investment opportunities in the multi-housing sector. LNR Property LLC, a market leader in commercial properties development headquartered in Miami Beach, Florida has recently acquired through [...]…
Continue reading →Memphis Housing Authority Opens Lyons Ridge Apartments; Legends at Wolfchase Sell for $27.8M
By Amalia Otet, Associate Editor The City of Memphis and the Memphis Housing Authority (MHA), assisted by The Memphis Land Bank, joined forces a few years back in an effort to rejuvenate long-dormant communities throughout the city. Their latest success was [...]…
Continue reading →French Village Apartments and Trinity Place Get New Owners
By Amalia Otet, Associate Editor While there is still a long way to recovery, Memphis real estate seems to be on the right track. The housing industry is finally going through some favorable times right now, considering the growing number of [...]…
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