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VOL. 129 | NO. 167 | Wednesday, August 27, 2014

New Office Building Park in Works

By Amos Maki

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A Memphis contractor is planning a new office building park in the city, according to a news report.

Memphis-based construction contractor Dan Walker Associates Inc. plans to develop up to 240,000 square feet in seven buildings on nearly eight acres at 3923 Forest Hill Irene Road, according to the report in the Memphis Business Journal.

Dan Walker Associates will start work on its own 10,500-square-foot, $1.2 million headquarters within two months, according to the report. The company will relocate to the building in early spring from its current location at 5350 Poplar Ave.

Dan Walker Associates bought the property, which is between Winchester Road and Tennessee 385, from Clark Metcalf for $350,000 and had it rezoned to commercial.

The Dan Walker Associates office complex would be the first new speculative office space in Memphis since Highwoods Properties opened the doors of the Triad Centre III building in East Memphis four years ago.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 65 366 17,721
MORTGAGES 70 417 23,068
FORECLOSURE NOTICES 15 91 4,519
BUILDING PERMITS 210 932 42,157
BANKRUPTCIES 62 299 16,691
BUSINESS LICENSES 19 80 5,781
UTILITY CONNECTIONS 49 305 25,174
MARRIAGE LICENSES 16 96 5,381

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