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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
60.0°F
Partly Cloudy
Wind: North at 3.5 mph
Humidity: 84%

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 115 195 6,134
MORTGAGES 107 214 7,306
FORECLOSURE NOTICES 8 37 1,152
BUILDING PERMITS 187 329 12,920
BANKRUPTCIES 55 113 4,460
BUSINESS LICENSES 33 61 2,424
UTILITY CONNECTIONS 32 73 2,613
MARRIAGE LICENSES 12 49 1,284

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