Real Estate
Projects 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.
There are 119 articles by Andy Ashby :
If approved, these projects could add residential units and commercial property across the city.
5C Data Centers bought the former Fred’s Inc. headquarters as part of its plan for a $152.1 million artificial intelligence data center.
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.
Perdomo Worldwide plans to open a developable site in an older industrial submarket that’s seeing a slight resurgence.
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.
“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.
The project is an 800-square-foot retail bay between Cocozza American Italian Restaurant and Cordelia’s Market.
Wendelta, a subsidiary of Carlisle Corp., has acquired four local Wendy’s restaurants and plans “to make sure they’re running really, really well.”
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.
The Downtown Memphis Commission board talked coffee, new hires and beer at its meeting.
A 93-unit senior housing project is moving forward, and a local board awards $43,000 in small business loans.
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.
Another fast-food location is coming to Poplar Avenue. Plus, the Memphis Fire Fighters Association is building a new space.
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.
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.
Mahaffey Tent and Event Rentals is relocating its operations after buying office and warehouse buildings from another company with a long local history.
The property has won several awards, including recognition from the Apartment Association of Greater Memphis for “Best Adapted Reuse Community” over multiple years.
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.
IKEA is listing its 29.3-acre property at 7900 Ikea Way in Cordova for sale.