Real Estate
IKEA property hits the market
IKEA is listing its 29.3-acre property at 7900 Ikea Way in Cordova for sale.
Andy Ashby
There are 119 articles by Andy Ashby :
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June 2026
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Real EstateIn the shadow of the Sterick, Memphis Public Market reviving long-vacant Downtown corner
The $30 million Memphis Public Market would turn two buildings into a 24-stall public market with vendor spaces for farmers, grocers, butchers, bakers, prepared-food operators, artisans and specialty retailers.
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Real EstateHistoric Marine Residence gets new owner, fresh upgrades ahead
The property has won several awards, including recognition from the Apartment Association of Greater Memphis for “Best Adapted Reuse Community” over multiple years.
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Real EstateMahaffey pitching its tent in Southeast Memphis
Mahaffey Tent and Event Rentals is relocating its operations after buying office and warehouse buildings from another company with a long local history.
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Real EstateInked: Mini golf, mini go-karts and many properties sold in Flicker Street Arts District
Three properties in Midtown’s Flicker Street Arts District have changed hands, Urban Air has renewed their lease at the Trinity Commons shopping center and Monster Mini Golf is expanding its Mid-South footprint.
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Real EstateFrom greenfield to gravel: Truck yards hiding in plain sight in Memphis
Industrial Outdoor Storage sites are secure open-air sites typically used to park commercial vehicles, stage shipping containers or store heavy equipment, and they’re scattered throughout Memphis's major industrial areas.
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Real EstateInked: Sonic Drive-In coming to East Memphis
Another fast-food location is coming to Poplar Avenue. Plus, the Memphis Fire Fighters Association is building a new space.
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Real EstateWinchester Commons snapped up for $17.1 million
DLC Management Corp., in partnership with a fund managed by DRA Advisors, bought six properties in five states, including the shopping center at Winchester Road and Hacks Cross Road.
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Real EstateMidtown senior facility gets financing, small businesses get loans
A 93-unit senior housing project is moving forward, and a local board awards $43,000 in small business loans.
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Real EstateEthnos Coffee Roasters eyes fall opening in Downtown Memphis
The Downtown Memphis Commission board talked coffee, new hires and beer at its meeting.
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Real EstateDevelopers line up funding for Midtown senior housing project
The project will have 93 units, with 72 for assisted living and 21 for memory care, plus restaurant-style dining, fitness amenities, memory care programming, entertainment spaces, salon and spa services and resident support services.
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Real EstateFour Memphis-area Wendy’s getting an update
Wendelta, a subsidiary of Carlisle Corp., has acquired four local Wendy’s restaurants and plans “to make sure they’re running really, really well.”
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Real EstateCoffee company brewing up Harbor Town location
The project is an 800-square-foot retail bay between Cocozza American Italian Restaurant and Cordelia’s Market.
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Real EstateA $30M renovation turned an apartment complex into a fresh start for 200+ families
“We sometimes say that we make our money in complexity,” said Sarah Jemison, head of ALCO, which just cut the ribbon on new affordable-housing units in Memphis.
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Real Estate‘Positive momentum’ in area fuels North Mississippi industrial development
Hillwood Investment Properties has broken ground on a 1.15 million-square-foot building, the first speculative building in the area in three years, which is a positive signal for the local industrial market.
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Real EstateNew York firm acquires former Memphis chemical manufacturer facility
Perdomo Worldwide plans to open a developable site in an older industrial submarket that’s seeing a slight resurgence.
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Real EstateInked: Cordova Creek Apartments, Townsend Insurance and Memphis Goodwill
Graybel Investments and Quad Property Group bought Cordova Creek Apartments. Townsend Insurance Group bought the former Regency Realty office. Memphis Goodwill Inc. is leasing the former Big Daddy Pawn building in Southeast Memphis.
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Real EstateCanada-based company buys former Fred’s HQ for $25 million
5C Data Centers bought the former Fred’s Inc. headquarters as part of its plan for a $152.1 million artificial intelligence data center.
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Real EstateProjects planned in Parkway Village, North Memphis, Cooper-Young and Covington Pike
If approved, these projects could add residential units and commercial property across the city.
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Real EstateOutdoors Inc. building hits market for almost $2 million
Location, location, location: The two buildings that housed the former Outdoors Inc. are near one of the busiest intersections in the city, seeing more than 29,000 vehicles daily.
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Real EstateWork starts on $70M Smokey City Market in North Memphis
The Community Redevelopment Agency is moving forward with the first phase of Smokey City Market, an estimated $70 million project aiming to bring affordable housing, senior care, retail and green space to the area.
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Real EstateNorth Memphis is about to have Jazz and Blues
Memphis Jazz, a residential community of 249 homesites, will be across the street from the Memphis Blues neighborhood.
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Real EstateInked: Dunkin', Tolteca and Welltower do deals
Dunkin’ crosses Union Avenue for a new location, Tolteca Foodservice buys a Southeast Memphis distribution center and Welltower buys a pair of local senior-housing facilities.
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Real EstateFrom ashes, a Mapco Express will rise on Poplar and Highland — with a patio
In January 2024, the Exxon/Hop-In on one of the most visible retail corners in the city was destroyed in a fire.
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Real EstateLong-vacant Holiday Inn, FedEx campus on Lamar gets new owner
The property was well-maintained for years but started to decline after FedEx left. Weeds have grown around the property, and the air conditioning gave out years ago.
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