» Subscribe Today!
More of what you want to know.
The Daily News
X

Forgot your password?
Skip Navigation LinksHome >
VOL. 128 | NO. 156 | Monday, August 12, 2013

100 N. Main Sells for $5 Million

By Amos Maki

Print | Front Page | Email this story | Email reporter | Comments ()

100 N. Main building

The towering skyscraper at 100 N. Main St., the tallest building in Memphis, has been sold.

The Zimmerman Revocable Trust sold the building Friday, Aug. 9, to One Hundred North Main LLC, a Nevada-based limited liability company, for $5 million.

Myron Zimmerman acquired the 38-story office building, which was built in 1965, from Sidney Kohl in 1978 for $10 million.

The 430-foot-tall building, which has a large parking garage, sits on one acre at Main Street and Adams Avenue. The Shelby County Assessor of Property’s 2013 appraisal is $3.7 million.

The former Union Planters Bank building has been a popular spot for legal offices because of its proximity to the courts and has a number of long-term tenants.

Sign-Up For Our Free Email Edition
Get the news first with our daily email


 
Blog Get more from The Daily News
Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 69 311 15,028
MORTGAGES 83 338 19,668
FORECLOSURE NOTICES 0 43 3,838
BUILDING PERMITS 0 512 35,842
BANKRUPTCIES 61 243 14,277
BUSINESS LICENSES 16 120 5,111
UTILITY CONNECTIONS 70 316 21,749
MARRIAGE LICENSES 0 75 4,632

Weekly Edition

Issues | About

The Memphis News: Business, politics, and the public interest.