Memphis Local, Sports, Business & Food News | Daily Memphian | Andy Ashby

IKEA property hits the market

aashby@dailymemphian.com (Andy Ashby) — Fri, 26 Jun 2026 14:58:24 -0500

IKEA is listing its 29.3-acre property at 7900 Ikea Way in Cordova for sale.

In the shadow of the Sterick, Memphis Public Market reviving long-vacant Downtown corner

aashby@dailymemphian.com (Andy Ashby) — Fri, 26 Jun 2026 08:56:58 -0500

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.

Historic Marine Residence gets new owner, fresh upgrades ahead

aashby@dailymemphian.com (Andy Ashby) — Thu, 25 Jun 2026 21:50:29 -0500

The property has won several awards, including recognition from the Apartment Association of Greater Memphis for “Best Adapted Reuse Community” over multiple years.

Mahaffey pitching its tent in Southeast Memphis

aashby@dailymemphian.com (Andy Ashby) — Thu, 25 Jun 2026 21:37:30 -0500

Mahaffey Tent and Event Rentals is relocating its operations after buying office and warehouse buildings from another company with a long local history.

Inked: Mini golf, mini go-karts and many properties sold in Flicker Street Arts District

aashby@dailymemphian.com (Andy Ashby) — Wed, 24 Jun 2026 04:00:03 -0500

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.

From greenfield to gravel: Truck yards hiding in plain sight in Memphis

aashby@dailymemphian.com (Andy Ashby) — Mon, 22 Jun 2026 04:00:04 -0500

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.

Inked: Sonic Drive-In coming to East Memphis

aashby@dailymemphian.com (Andy Ashby) — Fri, 19 Jun 2026 14:43:57 -0500

Another fast-food location is coming to Poplar Avenue. Plus, the Memphis Fire Fighters Association is building a new space.

Winchester Commons snapped up for $17.1 million

aashby@dailymemphian.com (Andy Ashby) — Fri, 19 Jun 2026 14:43:16 -0500

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.

Midtown senior facility gets financing, small businesses get loans

aashby@dailymemphian.com (Andy Ashby) — Wed, 17 Jun 2026 17:49:01 -0500

A 93-unit senior housing project is moving forward, and a local board awards $43,000 in small business loans.

Ethnos Coffee Roasters eyes fall opening in Downtown Memphis

aashby@dailymemphian.com (Andy Ashby) — Wed, 17 Jun 2026 16:47:51 -0500

The Downtown Memphis Commission board talked coffee, new hires and beer at its meeting.

Developers line up funding for Midtown senior housing project

aashby@dailymemphian.com (Andy Ashby) — Wed, 17 Jun 2026 12:56:27 -0500

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.

Four Memphis-area Wendy's getting an update

aashby@dailymemphian.com (Andy Ashby) — Tue, 16 Jun 2026 11:05:36 -0500

Wendelta, a subsidiary of Carlisle Corp., has acquired four local Wendy’s restaurants and plans “to make sure they’re running really, really well.”

Coffee company brewing up Harbor Town location

aashby@dailymemphian.com (Andy Ashby) — Tue, 16 Jun 2026 06:54:26 -0500

The project is an 800-square-foot retail bay between Cocozza American Italian Restaurant and Cordelia’s Market.

A $30M renovation turned an apartment complex into a fresh start for 200+ families

aashby@dailymemphian.com (Andy Ashby) — Mon, 15 Jun 2026 04:00:02 -0500

“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.

'Positive momentum' in area fuels North Mississippi industrial development

aashby@dailymemphian.com (Andy Ashby) — Fri, 12 Jun 2026 12:43:40 -0500

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.

New York firm acquires former Memphis chemical manufacturer facility

aashby@dailymemphian.com (Andy Ashby) — Thu, 11 Jun 2026 04:00:08 -0500

Perdomo Worldwide plans to open a developable site in an older industrial submarket that’s seeing a slight resurgence.

Inked: Cordova Creek Apartments, Townsend Insurance and Memphis Goodwill

aashby@dailymemphian.com (Andy Ashby) — Wed, 10 Jun 2026 19:19:43 -0500

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.

Canada-based company buys former Fred's HQ for $25 million

aashby@dailymemphian.com (Andy Ashby) — Tue, 9 Jun 2026 22:18:37 -0500

5C Data Centers bought the former Fred’s Inc. headquarters as part of its plan for a $152.1 million artificial intelligence data center.

Projects planned in Parkway Village, North Memphis, Cooper-Young and Covington Pike

aashby@dailymemphian.com (Andy Ashby) — Tue, 9 Jun 2026 19:04:49 -0500

If approved, these projects could add residential units and commercial property across the city.

Outdoors Inc. building hits market for almost $2 million

aashby@dailymemphian.com (Andy Ashby) — Mon, 8 Jun 2026 18:21:56 -0500

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.