Two years after opening, Starbucks on Covington to close
Starbucks is planning to close about 1% of its 18,000 North America locations.
Andy Ashby
There are 198 articles by Andy Ashby :
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September 2026
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Real Estate‘Colossus is the biggest thing that happened to Memphis since FedEx — and it may only get bigger’
“Because of the energy infrastructure that (Elon Musk is) getting, not just from Tennessee but also from Mississippi, you could see the greatest boom since FedEx in this town. You need to double down here.”
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Real EstateAfter nearly 200 years, First Pres seeks to sell historic Downtown property
The second oldest church in Memphis, First Presbyterian Church has been at the corner of Poplar Avenue and B.B. King Boulevard since 1832. After 194 years, its flock is searching for a new home.
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Real EstateDevelopers buy historic Downtown Memphis building
At the corner of Second and Madison, four stories of an 116-year-old building have remained vacant. A local investment team plans to open it up to residents and business once more.
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Real EstateInked: ProSuites, East Pointe Business Center and former Family Dollar
“I would say that the repurposing of former retail spaces to owner-occupants or local investors has kind of been our sweet spot,” said one of the brokers in this week’s transactions.
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Real EstateChapter 11 filing triggers jockeying for Memphis Wendy’s sites
Grand Rapids, Michigan-based Meritage Hospitality Group vows uninterrupted operations for employees and suppliers while Carlisle Corp. positions for additional acquisitions.
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Real EstateCordova apartment complex sells for $56.6M
A Pennsylvania-based company adds a Cordova apartment complex to its local portfolio.
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Real EstateCordova Countrywood development gets $47M
The Economic Development Growth Engine of Memphis and Shelby County increased its funding for the development that includes single family homes near Colonial Country Club.
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Real EstateAfter years idle, Central Avenue hotel project set to start
The 112‑room Hilton Tapestry will feature meeting space, a restaurant, lobby bar and a 114‑seat rooftop bar.
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Real EstateInked: Heard of a bar crawl? Well, this is a property crawl.
Also in this edition of Inked: A new Academy Sports + Outdoors is opening in Millington, and a South Memphis shopping center has sold.
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Real EstateCleaner streets aim to boost Downtown’s appeal
With more staff, new equipment and expanded outreach, the Downtown Memphis Commission reports record levels of cleanup and maintenance, thanks in part to a bike-mounted street sweeper named after a blues legend.
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Real EstateInked: Nashville medical company buys second local property
Also in this edition of Inked: August homes sales go down while prices go up, Los Angeles firm buys in Southeast Memphis and Litchfield buys on Senator Street.
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Real EstateBelmont Grill building has new owner
The new owner hopes to bring the Belmont Grill concept back to the space.
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Real EstateThe Lobbyist bringing patio in from the cold
The Lobbyist is advancing to the next phase of a more than $200,000 renovation.
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Real EstateLocal company buys Sycamore View Plaza
A local private investment company bought Sycamore View Plaza, a retail center on Summer Avenue for more than $3 million.
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Real EstateMemphis interior designers reunite to launch studio
Interior designers Cameron Howell and Greg Baudoin are turning a Racine Street building into showroom, with plans to develop it into a resource center for the city’s design community.
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DowntownDowntown exterior refreshes and new apartment complex to go before board
The Downtown Memphis Commission Design Review Board will review three projects at its Sept. 9 meeting.
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Real EstateVisible Music College building bought
The main building includes a 200-seat performance hall and office space. The other part is a studio-apartment building.
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Real EstateIn-N-Out Burger targets second site
With one location in the works, the California-based fast-food chain may have found a second spot in the Memphis area.
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Real EstateMillington mobile-home park sells for almost $16M
The property has 285 lots, 60 of which are unoccupied. Of those, 30 have no homes on them at all while the other 30 have houses that have been vacant for years.
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Real EstateA2H grows Collierville presence with SpiritArchitecture acquisition
The combined firms have completed more than 100 justice-related projects valued at more than $1.5 billion.
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Real EstateGermantown’s TraVure development will soon add new office and retail building
“We need a really nice white-tablecloth restaurant, but not too expensive,” Gill Properties’ president said.
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Real EstateDate set for Poplar and Highland gas station construction
Construction of a gas station convenience store at the former Exxon Hop-In is expected to begin this month.
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Real EstateInked: High-end apartments coming to Bartlett mixed-use project
Also, Montecito Medical Real Estate bought the Conrad Pearson Clinic property in Germantown for $24.5 million, and Birmingham, Alabama-based Hoar Construction has opened an office in East Memphis.
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Real EstateNew Memphis data center shuns tax incentives
“We have got to come up with some means of keeping our tax base steady and, likewise, growing and developing our city,” the incoming Shelby County property assessor said. “Otherwise, we’re going to look like Gary, Indiana.”
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