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VOL. 119 | NO. 151 | Tuesday, August 23, 2005

Commercial Sales Maintain Steady Pace

Memphis-area retail transactions lead real estate sector

International Paper's recent decision to relocate its global headquarters to Memphis could be viewed as an overall reflection of the city's commercial real estate sector. Memphis is experiencing a steady level of commercial investment activity, led by a surge in retail transactions.

Underutilized Downtown Properties Await Development

The 29-story Sterick Building at 8 S. Third St. was once the city's premier office building - and was the tallest structure in the region for several decades.

BNSF Buys Cargill Site as Part of Expansion

4943 Stepherson Road, Memphis, TN 38118, Cost: $16 million -

Local Weather
Currently
Memphis, TN
80.0°F
A Few Clouds
Wind: Calm mph
Humidity: 79%

EVENTS

The government relations committees of the Collierville, Bartlett and Germantown Area Chambers of Commerce host a lunch with U.S. Sen. Lamar Alexander from 11:30 a.m. to 1 p.m. Wednesday at Ridgeway Country Club, 9800 Poplar Ave. Call 372-9457, 853-1949 or 755-1200 for more information.

more events »

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 96 173 11,698
MORTGAGES 95 174 13,601
FORECLOSURE NOTICES 0 0 1,858
BUILDING PERMITS 0 96 24,260
BANKRUPTCIES 60 113 7,586
BUSINESS LICENSES 29 60 3,972
UTILITY CONNECTIONS 0 49 4,730
MARRIAGE LICENSES 18 38 2,582

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