Daily Jigsaw: Office tower sells

By , Daily Memphian Published: May 03, 2026 4:00 AM CT

A local investor has bought a Midtown office tower, a move which also signals a national real estate firm’s departure from the market.

YH TN Brownsville LLC, a private investment company, bought the 55,356-square-foot building at 2714 Union Ave. Extended from Coastal Partners LLC for $5.5 million.

Dan Butler and Derek Guivehchi are partners in the local company.

“They got a really good building,” Coastal Partners CEO Brett Baumgarten said. “Everything’s been updated and they have a good tenant roster.”

Read the article here. 

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