The number of retail and office property sales in Memphis and Shelby County was up more than 30 percent compared to the second quarter of 2017.

Comparing sales data from Q2 2017, office property sales are up 31 percent and retail property sales are up 39 percent, according to new data from Chandler Reports, a division of The Daily News Publishing Co.

2. U of M-Area Apartments Sold to Japanese Investor - Saturday, August 11, 2018

A Los Angeles-based company that owns University of Memphis-area apartments has sold its property to a Tokyo-based buyer, according to the Shelby County Register of Deeds.

Win Win Properties LLC sold the apartments at 3380 Spottswood Ave. to Masayuki Tsukada for $2.1 million on Aug. 7.

3. University-Area Apartments Sold to Japanese Investor - Friday, August 10, 2018

A Los Angeles-based company that owns University of Memphis-area apartments has sold its property to a Tokyo-based buyer, according to the Shelby County Register of Deeds.

Win Win Properties LLC sold the apartments at 3380 Spottswood Ave. to Masayuki Tsukada for $2.1 million on Aug. 7.

4. Q2 Retail, Office Sales Outpace Last Year - Thursday, August 9, 2018

The number of retail and office property sales in Memphis and Shelby County was up more than 30 percent compared to the second quarter of 2017.

Comparing sales data from Q2 2017, office property sales are up 31 percent and retail property sales are up 39 percent, according to new data from Chandler Reports, a division of The Daily News Publishing Co.

5. Last Word: Cops Stay Put, Day One at SCS and Barry Gibb Comes To Town - Tuesday, August 7, 2018

Memphis Police are staying put in their recent move to 170 North Main from the CJC. There has been some question about the former state office building the city bought possibly becoming the site of a second convention center hotel. And that’s where this gets complex.

6. MCA Closing On a Dozen Properties Near Park - Tuesday, August 7, 2018

Memphis College of Art has either sold or accepted offers on all 12 of the properties it owns just south of Poplar Avenue and Overton Park where the school is headquartered.

The financially strapped college is disposing of its apartment buildings, single-family homes, office and studio/class space, and dormitories in preparation for closing by spring 2020.

7. Police HQ No Longer in Running for Second Convention Center Hotel - Tuesday, August 7, 2018

The Civic Center Plaza building that is currently Memphis Police Department headquarters is out of the running to be the site of a second convention center hotel.

“That site was contemplated in the beginning. It’s no longer in the running,” Downtown Memphis Commission president Jennifer Oswalt said of 170 N. Main St. on the WKNO/Channel 10 program “Behind The Headlines.”

8. Kimball Cabana Apartments Sold - Monday, August 6, 2018

Lehi, Utah-based Kimball Cabana Apartments LLC sold the Kimball Cabana apartments in Memphis to Kimball LLC for $5.4 million on Aug. 1, according to deeds on file with the Shelby County Register of Deeds.

9. College of Art Closing on a Dozen Properties it is Selling Near Overton Park Site - Friday, August 3, 2018

Editor's Note: An earlier version of this story indicated the Womack House at 152 N. Tucker was sold. The transaction was for an easement, not the entire property.

Memphis College of Art has either sold or accepted offers on all 12 of the properties it owns just south of Poplar Avenue and Overton Park where the school is headquartered.

10. Mississippi Boat Shop Owners Buy Oakshire Apartments - Thursday, August 2, 2018

An apartment and townhouse community across from Oakshire Elementary School has a new owner.

Santa Monica LLC bought the circa-1970s Oakshire Downs Apartments and Townhouses property for $5.7 million from Crimson Circle LLC on July 27, according to deeds on file with the Shelby County Register.

11. University of Memphis, Slider Inn Projects Move Forward - Monday, July 30, 2018

1115 E. Getwell Loop St., Memphis, TN 38152 - Turner Construction Co. is beginning the first phase of a $10.6 million expansion and renovation of the University of Memphis’ athletic training facility on its Park Avenue campus. 

12. Last Word: Sunflowers, Poplar-Ridgeway TIF and Meet The Developer of The Bucc - Thursday, July 26, 2018

You wait for it all year but it always comes as a surprise when you see them by the side of the road beckoning with their bright colors and their solid stance on the horizon as early voters head for Agricenter in search of a bit of scenery before making their choices. The sunflowers – What did you think I was talking about? -- began blooming on Walnut Grove Tuesday, the first of two phases from more than 78,000 sunflower seeds planted at Agricenter. They last a few weeks and with the staggered plantings, the new crop should be in its full glory about a month from now. Please don’t pick the sunflowers. Agricenter has designated parking areas after you enter on Timber Creek Drive. Just follow the signs.

13. Affordable Housing Management Firm Buys Two Memphis Apartment Complexes - Monday, July 23, 2018

One of the fastest-growing affordable housing property management companies in the U.S. has entered Tennessee with the purchase of two Memphis apartment properties.

Denver-based Monroe Group bought the 150-unit Keystone Landing Apartments, located at 4266 Ridgestone Drive in Raleigh, from Keystone Landing Apartments LLC for $6.5 million. It purchased the 120-unit Pendleton Apartments, located at 1764 Pendleton St. near Cherokee Park, from Pendleton Apartments LLC for $6 million.

14. Lake District’s Newest Tenant, New Medical District Apartments - Monday, July 2, 2018

3536 Canada Road,
Lakeland, TN 38002

Tenant: Gould’s Salon and Spa

15. Editorial: Multifamily Development About More Than Numbers - Saturday, June 30, 2018

Finding a place for multifamily development across Memphis and into the suburbs is essential not only to the growth of Memphis and Shelby County by population.

It is essential to how we manage and shape the growth of Memphis and Shelby County.

16. Country Squire Apartments Sells for $62M - Monday, June 25, 2018

The Country Squire Apartments complex, located on the northeastern edge of Shelby Farms, has sold for $62 million.

17. Last Word: Draft Day, EDGE's Busy Plate and The Day After In D.C. - Thursday, June 21, 2018

There are two ways – at least -- to look at Thursday’s NBA draft. This could be the day that Hasheem Thabeet’s symbolic legacy, which has endured much longer than he was actually on Memphis soil, is put to rest or it could be the day he becomes a permanent part of Memphis basketball culture.

18. Binghampton Apartments, Parkside TIF Get EDGE Greenlight - Thursday, June 21, 2018

Several hundred new apartments, a South Memphis grocery store and a new TIF district were all given the green light by the Economic Development Growth Engine for Memphis and Shelby County during a busy Wednesday, June 20, board meeting. 

19. New York Firm Acquires SE Memphis Apartments - Thursday, June 21, 2018

New York City-based Triangle Capital Group, doing business as TCG Ridgeway Crossing Apartments LLC, has acquired a southeast Memphis apartment complex for $7 million in a substitute trustee’s sale.

20. Lake District Lands Malco Theater, Former Benchmark Seeks New Life - Monday, June 11, 2018

3536 Canada Road,
Lakeland, TN 38002

Tenant: Malco Theatres Inc.

Tenant’s Agent: Michael Lightman, Michael Lightman Realty

Landlord: The Lake District

21. Last Word: Firestone's Legacy, Malco In Lakeland and Alexander on Cell Phones - Friday, June 8, 2018

What about Firestone? That’s the quick way of getting into the latest turn in our ongoing civic discussion about whether there should be changes to how Memphis approaches economic development and the growth it brings. Eric Robertson, the president of Community LIFT, which works with community development corporations across the city, says the definition of economic development should be broader and the approach to it should go beyond answering the questions of site consultants to keep them from walking away to the next city on their list.

22. Malco Planning Theater For Lakeland’s Lake District - Saturday, June 9, 2018

More good news for Lakeland residents as Malco Theatres Inc. has signed a letter of intent to construct a “state-of-the-art” movie theater in The Lake District.

23. Malco Planning New 'State-of-the-Art' Theater for Lake District - Thursday, June 7, 2018

More good news for the residents of Lakeland as Malco Theatres Inc. has signed a letter of intent to construct a “state-of-the-art” movie theater in The Lake District.

The news of Malco’s 38,000-square-foot theater comes several months after the 160-plus-acre mixed-use Lake District project announced its first tenant would be The Stock Market, an upscale grocery store operated by independent retailer Jeff Burkhead.

24. Inner Fortitude - Saturday, May 5, 2018

Amid a teacher shortage attributed partly to economic opportunities luring away candidates, local educators are creating urban teaching programs and adopting new recruitment strategies.

Rhodes College is launching a master’s program in urban education in June and is offering a $10,000 scholarship to each student. If the student receives a Stafford federal loan of $15,000 and commits to teaching at a “high-need” school, the degree essentially will be free.

25. Council Starts Process Of Crosstown Overlay - Saturday, April 28, 2018

Memphis City Council members approved on the second of three readings Tuesday, April 24, a Crosstown historic overlay district similar to the Cooper-Young district it approved two weeks ago.

Councilman Kemp Conrad moved for and the council approved pulling the approval of the Cooper-Young district off the minutes of the body’s most recent meeting until June at the earliest.

26. Council Starts Process Of Crosstown Overlay - Thursday, April 26, 2018

Memphis City Council members approved on the second of three readings Tuesday, April 24, a Crosstown historic overlay district similar to the Cooper-Young district it approved two weeks ago.

Councilman Kemp Conrad moved for and the council approved pulling the approval of the Cooper-Young district off the minutes of the body’s most recent meeting until June at the earliest.

27. Strickland Proposes City Property Tax Rate Change After Windfall - Wednesday, April 25, 2018

Memphis Mayor Jim Strickland is proposing a change in the city property tax rate from the current $3.27 to a $3.19 rate as part of his third budget proposal.

28. Mayor Strickland Takes Third Budget Proposal to City Council - Tuesday, April 24, 2018

Memphis Mayor Jim Strickland takes his third budget proposal to the Memphis City Council Tuesday, April 24, opening City Hall’s budget season with what is expected to be a budget that keeps the city property tax rate stable.

29. Last Word: Graceland Responds, The Hustle's First Season and Memphis Rent - Wednesday, March 28, 2018

Sun Studio getting a fresh coat of paint Tuesday as city road crews were redoing some lines on Downtown streets including turning arrows in the left curb lane that always need pointing out to visitors baffled by the Memphis enigma that is one-way streets.

30. Last Word: Shutdown Round Two, The Pastner Charges and 1968 Virtual Reality - Friday, February 9, 2018

The federal government technically shutdown at midnight in Washington, D.C., Friday for the second time in 17 days. But the House and Senate were still going for a vote on a two-year budget compromise before dawn Friday morning as this is posted.

31. Council Talks With Head of TVA, Votes on Two More Ballot Questions - Tuesday, January 23, 2018

Memphis City Council members talk with Tennessee Valley Authority president Bill Johnson Tuesday, Jan. 23, meet Mayor Jim Strickland’s nominee to replace retiring Memphis Light, Gas and Water Division president Jerry Collins and may renew discussions of electric and gas rate hikes proposed by MLGW that it voted down two weeks ago.

32. Last Word: The Snow Split, Amazon Post-Mortem and Intermodal Comeback - Friday, January 19, 2018

A split verdict on Snow Day 4. Some school systems and colleges and universities are out again Friday, others are not and still others are opening later in the day. Shelby County Schools, which is out, says it has 13 extra days built into its schedule for just such an event or events – that is 13 days extra beyond the 180 days the state requires as the bare minimum for a school year.

33. Memphis Experts See Economic Growth Building Off 2017 Into 2018 - Saturday, January 6, 2018

With resolutions made and the new year now, another annual exercise rises to the forefront – predictions on what Memphis and its economy can expect in 2018.

If 2017 taught us anything, it’s that there’s so much we won’t be able to even remotely see coming, from Memphis bidding to become the potential home for Amazon’s second headquarters to action finally being taken on the Confederate monuments in city parks and so much more.

34. Mixed-Use Defines Retail Real Estate in 2017 - Friday, December 29, 2017

In many ways, the world of retail real estate was tied to the rise of massive mixed-use projects that continued to grow in both scope and popularity in 2017.

Perhaps no other project in Memphis embodies this concept more than Crosstown Concourse, which held its grand opening in August in the former Sears Crosstown building.

35. Council Preparing Plan to Provide Pre-K Funding - Thursday, December 21, 2017

The Memphis City Council has been out of the school funding business for just under a decade.

And there doesn’t seem to be a consensus among council members to change that by committing continuous funding from the city property tax rate, but they are about to meet with Shelby County commissioners, nonprofits, foundations and philanthropy groups about mapping out funding for pre-kindergarten classrooms.

36. Health Department Seeking Variance for New Building - Thursday, November 30, 2017

The Shelby County Health Department is seeking a variance from the Board of Adjustment for a new facility at its current 814 Jefferson Ave. location.

37. Last Word: Change at the Top, Real Estate Action on Bellevue and Produce History - Tuesday, November 28, 2017

Welcome back to the work week and however much this is a grind, you are probably having a better work week than David Fizdale who suddenly got the ax from the Grizz front office Monday afternoon. This was not altogether unexpected following a vocal post-game dissent from Marc Gasol after Big Spain came out of what wound up being a Sunday loss to Brooklyn in the fourth quarter – the latest in a string of losses after a strong start to the season by the Grizz.

38. Shelby Farms Draws $142 Million, 71-Acre Development - Monday, November 13, 2017

Elmington Capital Group has submitted plans for a 71-acre senior housing, apartment and single-family development next to Shelby Farms Park. Dwell at Shelby Farms is a new $142 million development to be located on the north side of Raleigh-LaGrange Road near the intersections of Trinity and Fischer Steel roads.

39. Cooper Street Apartments Sell for $2.6 Million - Saturday, November 11, 2017

The Hermitage Apartments, located at 1103 S. Cooper St., sold for $2.6 million, according to a Nov.3 warranty deed.

40. Shelby Farms Draws New 71-Acre, $142M Development - Friday, November 10, 2017

In a joint venture with Charles Crews of Crews Investment Holdings, Nashville-based Elmington Capital Group has submitted plans to the Office of Planning and Development for a 71-acre senior housing, apartment and single-family development next to Shelby Farms Park.

41. Last Word: Rape Kits Deposition, Pre-K Kickoff and Parkside Gets Company - Thursday, November 9, 2017

A retired Memphis Police Lieutenant was deposed Wednesday in East Memphis as part of the ongoing civil lawsuit in Circuit Court over the city’s 12,000 untested rape kits. Cody Wilkerson had been a detective in the police sex crimes unit and said Wednesday in the deposition that police brass, including Col. Marcus Worthy – his supervisor in sex crimes – oversaw cases in which rape kits were routinely shelved and forgotten about.

42. Nashville Developers Planning Massive 71-Acre Project Near Shelby Farms - Wednesday, November 8, 2017

Nashville-based Elmington Capital Group has submitted plans to the Office of Planning and Development for a 71-acre senior housing, apartment and single-family development next to Shelby Farms Park.

43. Cooper Street Apartments Sell for $2.6 Million - Wednesday, November 8, 2017

The Hermitage Apartments, located at 1103 S. Cooper St., sold for $2.6 million, according to a Nov.3 warranty deed.

44. Block Party Slated At MBCC Oct. 28 - Friday, October 27, 2017

Mississippi Boulevard Christian Church (MBCC) will host a free community block party in conjunction with Crump Police Station at University Place Apartments from 9 a.m. to 1 p.m. on Saturday, Oct. 28.

45. Demolition Begins at Mall to Make Way for Lake District Development - Friday, October 27, 2017

With so much uncertainty surrounding the Lake District development recently, there was a noticeable sense of relief in the air Wednesday, Oct. 25, developers, curious onlookers and Lakeland officials were on hand to witness the project take its first visible steps forward.

46. Greenway’s Mud Island Segment Opens - Tuesday, October 24, 2017

When Henry Turley was developing Harbor Town and building homes and apartments on Mud Island, he remembers marketing the view of the Wolf River.

47. Shelby County to Overhaul Criminal Justice Center - Monday, October 16, 2017

201 Poplar Ave.
Memphis, TN 38103

Permit Amount: $17 million

Application Date: October 2017

48. Apartment Community Sells for $50 Million - Saturday, October 14, 2017

One of Memphis’ largest apartment communities, the 1,002-unit Madison Cypress Lakes Apartments, has sold for $47.8 million, or $47,704 per unit.

Rockville, Maryland-based CAPREIT, working as Tilden Fundamental Cypress Lakes Apartments LLC, bought the East Memphis property Friday, Oct. 6, from Water Grove Investors LLC, an affiliate of Philadelphia-based Madison Apartment Group LP.

49. Investor Buys Quince Road Apartments for $47.8 Million - Tuesday, October 10, 2017

One of Memphis’ largest apartment communities, the 1,002-unit Madison Cypress Lakes Apartments, has sold for $47.8 million, or $47,704 per unit.

Rockville, Maryland-based CAPREIT, working as Tilden Fundamental Cypress Lakes Apartments LLC, bought the East Memphis property Friday, Oct. 6, from Water Grove Investors LLC, an affiliate of Philadelphia-based Madison Apartment Group LP.

50. Outdoors Retailer REI Plans First Memphis Store - Tuesday, October 10, 2017

In this week's Real Estate Recap, outdoors retailer REI eyes Ridgeway Trace for its first local store, Hilton Worldwide prepares to upgrade its Memphis campus, and several proposed Midtown projects seek financial incentives.

51. Outdoors Retailer REI Planning First Memphis Store - Monday, October 9, 2017

5895 Poplar Ave.
Memphis, TN 38119

Permit Amount: $900,000

Owner: Weingarten Realty

Tenant: REI

Details: Seattle, Washington-based sporting and camping goods retailer REI has filed a $900,000 building permit application for tenant improvement in the former Sports Authority building at 5895 Poplar Ave. in the Ridgeway Trace shopping center.

52. 2 Cooper St. Projects In Midtown Seek Incentives - Friday, October 6, 2017

Two separate Midtown projects, both located on Cooper Street, are seeking 11-year tax abatements from the Downtown Memphis Commission’s Center City Revenue Finance Corp. board.

53. Two Midtown Projects Apply for Tax Incentives - Wednesday, October 4, 2017

Two separate Midtown projects, both located on Cooper Street, are seeking 11-year tax abatements from the Downtown Memphis Commission’s Center City Revenue Finance Corp. board.

The first project, located at 663 and 673 Cooper St., is an office/residential mixed-use development submitted by filament LLC, the development wing of local architectural firm, archimania.

54. Hickory Hill Apartments Sell for $9 Million - Saturday, September 30, 2017

The Stonebrook Apartments, located at 6371 Winchester Road, have switched hands for $9.7 million.

55. DHL Planning New Memphis Distribution Facility - Monday, October 2, 2017

0 Tchulahoma Rd.
Memphis, TN 38118

Tenant: DHL Supply Chain

Landlord: Belz Enterprises

56. Last Word: Pantographs & Catenaries, Grizz Uncertainty and Tuesdays Without Morrie - Monday, September 25, 2017

After three years off the rails, the first significant indications that the trolleys are about to return. It was just a two-block ride that includes the Memphis Area Transit Authority trolley barn on North Main and one very new trolley. But it is a start through what is a very technical and bureaucratic process involving lots of safety vests, clipboards and video cameras.

57. Hickory Hill Apartments Sell for $9M - Monday, September 25, 2017

The Stonebrook Apartments, located at 6371 Winchester Road, have switched hands for $9.7 million.

58. Last Word: HOT, Post Secondary Meets High School and Downtown Home Prices - Monday, September 18, 2017

Even a power outage Downtown didn’t stop the Bruno Mars show at FedExForum Sunday that capped an eventful and HOT weekend around the city. The forum was not affected by the outage.

59. Downtown Home Sales Prices Improving - Monday, September 18, 2017

Average home sales prices in downtown Memphis have seen significant improvements the past several years as we slowly crawled our way out of the worst housing crisis in recent history.

Through the first eight months of this year, average prices downtown have reached just over $275,000, up 6% from the same period of 2016. While downtown’s home sales only comprise 4% of the total home sales in the city of Memphis, average prices downtown are 129% higher than the city’s average of $120,298, which is up 3% from last year.

60. Southeast Shelby County Apartments Sell for $56M - Friday, September 15, 2017

Preserve at Forest Creek, a sprawling southeast Shelby County apartment complex, has switched hands for more than $56 million.

In the deal, Blackstone, a New York City investment firm doing business as BRE Piper MF Forest Creek TN, sold the roughly 36-acre property to Columbus, Ohio-based investment management firm Coastal Ridge Real Estate doing business as PFC Memphis Borrowers for $56.6 million, according to a warranty deed filed on Sept. 14 with the Shelby County Register of Deeds.

61. The Week Ahead: Sept. 11-18 - Monday, September 11, 2017

Hey, Memphis! This week we’re gearing up for the Cooper Young Festival and a packed house at the Tigers vs. UCLA game. Plus, Uptown Funk heads Downtown and The Joker hits East Memphis. Here’s what else you need to know about in The Week Ahead…

62. Tennessee Taco Opens in Former Los Compadres Space - Monday, September 11, 2017

3295 Poplar Ave.
Memphis, TN 38111

63. Two Apartment Complexes Sell for $11 Million - Monday, September 4, 2017

Two apartment complexes in northern Shelby County have been purchased by a Arkansas realty group for nearly $11 million, according to a pair of warranty deeds filed with the Shelby County Register.

64. Pottery Studio/Coffee House to Open on Highland Strip - Monday, August 28, 2017

549 S. Highland St.
Memphis, TN 38122

Lease Size: 2,788 square feet

65. Emerald Park Apartments To Get $7 Million Upgrade - Saturday, August 26, 2017

The Emerald Park Apartments in Southeast Memphis are undergoing nearly $7 million in renovations.

Crane Contractors LLC is handling a $6.9 million “general repair” of the property at 5958 Hickory Hill Square, according to a building permit application filed with the Office of Construction Code Enforcement.

66. Editorial: Memphis Still on Road To Becoming ‘Bike Community’ - Saturday, August 26, 2017

The Shelby County Board of Adjustment this week approved a proposed multifamily development in the Cooper-Young Historic District, a small project by many standards on a 0.4-acre tract near the neighborhood’s namesake, the intersection of Cooper Street and Young Avenue.

67. Emerald Park Apartments To Get $7 Million Upgrade - Friday, August 25, 2017

The Emerald Park Apartments in Southeast Memphis are undergoing nearly $7 million in renovations.

Crane Contractors LLC is handling a $6.9 million “general repair” of the property at 5958 Hickory Hill Square, according to a building permit application filed with the Office of Construction Code Enforcement.

68. New Cooper-Young Apartments Receive Green Light - Friday, August 25, 2017

A contentious apartment complex slated for the heart of the Cooper-Young Historic District is moving forward after receiving the green light from the Memphis & Shelby County Board of Adjustment. But the board’s approval of the project Wednesday, Aug. 23, wasn’t a quick process.

69. Parking at Crux of Cooper Street Plan - Wednesday, August 23, 2017

It’s no secret that adding density in core areas like Midtown and Downtown has become one of the city’s more high-profile developmental goals, which is why more plans for multifamily projects have been popping on the agendas of governing bodies recently.

70. Remaking Crosstown - Saturday, August 19, 2017

As he was leading tours through Crosstown Concourse this month, Todd Richardson took a small group to a set of windows for a balcony view of an addition being constructed on the north side of the property.

71. Orion Federal Credit Union Looks to Move HQ to Edge District - Thursday, August 17, 2017

Orion Federal Credit Union is in talks to move its corporate headquarters to the former Wonder Bread bakery building.

That’s according to Orion CEO Daniel Weickenand, who said Thursday, Aug. 17, the credit union saw an opportunity to relocate its headquarters from 7845 U.S. 64 in the Wolfchase area “to transition a visibly neglected neighborhood in Memphis.”

72. Midtown Gated Community, Shelby Farms Hotel Approved by Planning Officials - Thursday, August 10, 2017

A plan to replace the former Red Cross building in Midtown with a 12-unit luxury gated community was approved by the Shelby County Land Use Control Board at its Thursday, August 10 meeting.

Last month, developers Lee Askew and Martin Edwards presented their plans to nearby residents at a public meeting where it was received with mostly favorable results.

73. Cordova Apartment Community Sells for $27.9M - Thursday, August 10, 2017

The Charleston, a 284-unit apartment community on the east side of Houston Levee Road just south of U.S. 64, has sold for $27.9 million, marking a new chapter for a property that was built just last year.

74. Last Word: The Orange Mound Way, Midtown Apartments and 'I Am A Man' Plaza - Tuesday, August 8, 2017

First day of school redux on Tuesday for students in Memphis Catholic Schools and it is a half-day. The first day of classes in most of the county’s other schools Monday went smoothly. Shelby County Schools reports more than 6,000 students registered on the first day of school despite another concerted effort at numerous events to register students in advance. That’s in a school system of approximately 96,000 students.

75. Cordova Apartment Community Sells for $27.9M - Friday, August 4, 2017

The Charleston, a 284-unit apartment community on the east side of Houston Levee Road just south of U.S. 64, has sold for $27.9 million, marking a new chapter for a property that was built just last year.

76. Last Word: St. Jude School, More Gannett Moves and Maida Pearson Smith - Thursday, August 3, 2017

For most, the school year starts next week. But classes are already underway at St. Jude’s new Graduate School of Biomedical Sciences, an idea 15 years in the making, according to the physician who had that idea. The school is a big step in higher education in Memphis and its road to research center status.

77. First Alliance Bank Inks 10-Year Lease to Move to Clark Tower - Thursday, August 3, 2017

Memphis-based First Alliance Bank has signed a 10-year lease to relocate its Poplar Avenue branch into the recently remodeled Clark Tower office building.

5100 Poplar Ave.
Memphis, TN 38137

78. Cordova Apartment Community Sells for $27.9M - Wednesday, August 2, 2017

The Charleston, a 284-unit apartment community on the east side of Houston Levee Road just south of U.S. 64, has sold in a $27.9 million deal.

In the transaction, Peak Capital Partners, doing business as PC Charleston LLC, purchased the 24-acre parcel from local developer Wesscorp Communities, doing business as Charleston HL Apartment Community LLC. Charles W. Misenhelter, signed the deed on behalf of the sellers.

79. Wonder Bread Factory Rebirth Eyed by Chisca Hotel Developer - Wednesday, August 2, 2017

A new plan submitted to city officials would breathe new life into the former Wonder Bread factory that used to fill the Memphis Medical District with the smell of fresh bread before it closed in 2013.

80. Developer Pursues New Cooper-Young Apartment Complex - Thursday, July 27, 2017

A Los Angeles-based developer has submitted plans to construct a 25-unit apartment complex in the heart of Cooper-Young.

Focal Point Investment wants to develop a two-building apartment complex with 25 studio apartments on the 0.4-acre vacant lot located across the street from First Congregational Church at 999 S. Cooper St., according to an application submitted to the Shelby County Board of Adjustment.

81. Last Word: ICE Raids, Who's Buying Afton Grove and Malco Powerhouse Plans - Monday, July 24, 2017

A protest Sunday evening at the Prescott Place Apartments after federal ICE agents – Immigration and Customs Enforcement – took people into custody there and at Emerald Ridge and Corner Park apartments Sunday morning. The group of organizations protesting the federal action – Memphis Coalition of Concerned Citizens, Cosecha and SURJ Memphis -- say Memphis Police assisted in the immigration operation. Memphis Police deny they were involved in any way. No estimate from ICE on how many people were detained.

82. Last Word: Closing the Door, Midtown Rents and Red West's Many Roles - Thursday, July 20, 2017

It didn’t take the Shelby County Commission very long Wednesday to close the door on its budget season – about 20 minutes in the day’s special meeting to approve a county property tax rate of $4.11 on third and final reading. That’s not a quick up or down vote. And it took just a bit longer because there is still some discussion about whether this was a reduction in the tax rate or a tax cut in the sense that a homeowner in Shelby County would understand the term.

83. Malco Pulls Additional Building Permit for Downtown Theater - Thursday, July 13, 2017

Malco Theatres’ Downtown movie theater continues to take shape, with the Memphis-based cinema chain seeking its second multimillion-dollar building permit for the project in recent months.

45 E. G.E. Patterson Ave.
Memphis, TN 38103
Permit Amount: $5 million

84. Malco Pulls Additional Building Permit for Downtown Theater - Thursday, July 13, 2017

45 E. G.E. Patterson Ave.

Memphis, TN 38103

Permit Amount: $5 million

Project Cost: $55 million

Application Date: July 2017

Owner: Henry Turley Co. and Community Capital

85. Shelby Farms Boutique Hotel; Midtown Gated Community on Latest LUCB Agenda - Friday, July 7, 2017

Two proposed developments in two of the city’s high-profile areas – a 130-room boutique hotel near Shelby Farms and a new gated community in Midtown – will headline the Land Use Control Board’s Aug. 10 agenda.

86. $18.5 Million Permit Filed for Central Station Project - Thursday, June 29, 2017

In this week’s Real Estate Recap, developers pull an $18 million permit for the Central Station overhaul, another new Downtown hotel is in the works and the new Laurelwood bookstore gets a restaurant...

87. Golden India Seeks New Location Near Square - Friday, June 9, 2017

The owners of Golden India restaurant in Overton Square want to move from their Madison Avenue storefront of 20 years to the site of a circa-1912 duplex on North Cooper Street where they intend to build a new restaurant.

88. Last Word: Easy Fishing on Big River, Competing City Priorities and Durham's Fine - Thursday, June 8, 2017

The Arkansas side of the Big River Crossing opened Wednesday for the first time since May 2 when a rising Mississippi River prompted its closing while the crossing proper on the north side of the Harahan Bridge remained open. There is still some of the muddy river left on the Arkansas flood plain and several dozen cranes stopping in Wednesday afternoon for some easy fishing in the shallow waters.

89. Golden India Makes Relocation Plans Near Overton Square - Thursday, June 8, 2017

The owners of Golden India restaurant in Overton Square want to move from their Madison Avenue storefront of 20 years to the site of a circa 1912 duplex on North Cooper Street north of Madison where they intend to build a new restaurant.

90. Jerry’s Sno Cones Files Permit for Cordova Shop - Thursday, June 8, 2017

In this week’s Real Estate Recap, one of the most iconic dessert spots in Memphis gets ready to expand, Crosstown Concourse is getting ready for its official grand opening and FedEx Ground upgrades its diesel facility...

91. Last Word: Grade Tampering, The Tom Lee Storm and Fred's Strategy - Wednesday, June 7, 2017

There are indications that allegations of grade-tampering at Shelby County Schools are not going to recede as rapidly as they did late last year when the allegations first came up. The first indication was word late last week that the state department of education will audit the grade transcripts of all SCS high schools. But there are still some fuzzy points in that about whether that is a new move or whether it is something that has been underway since last year.

92. The Buying And Selling Of Memphis - Saturday, May 27, 2017

Even before he went to federal prison for 25 years on a racketeering conviction in 1995, Danny Owens had a real estate portfolio. The strip-club kingpin who defined the industry in Memphis across a 20-year period owned the old Memphian movie theater and made possible its 1986 sale to Playhouse on the Square by donating $160,000 toward its purchase.

93. Medical District Apartments Sell for $5.2 Million - Thursday, May 25, 2017

A medical district apartment switches hands in a multimillion-dollar deal, a Downtown developer plans an apartment complex near FedExForum, and a California investor buys a local industrial portfolio. Details in this week’s Real Estate Recap...

94. Last Word: Minority Business Mic Drop, Truckers & Taxes and Confederate Statues - Tuesday, May 23, 2017

Quite the buzz around the minority business discussion on “Behind The Headlines” – notably the progress report from Greater Memphis Chamber board chair Carolyn Hardy about what’s working and, more to the point, what is not working. In Hardy’s view that would be general minority business goals that she said amount to black-owned businesses being left out some three years into the renewed push for minority business growth – in government contracts and private business-to-business contracts.

95. Medical District Apartments Sell for $5.2 Million - Tuesday, May 23, 2017

A 128-unit apartment high-rise in the Memphis Medical District has sold for $5.2 million.

Axon LLC, which has ownership based both in Memphis and California, bought the Park Tower Apartments, located at 57 N. Somerville St., from California-based Memphis Medical Redevelopment Group LLC.

96. Faropoint Acquires Massive Industrial Portfolio for $33.1M - Thursday, May 18, 2017

Looking to continue its recent trend of bullish activity in the Memphis market, Faropoint Ventures has acquired a 1.1-million-square-foot industrial portfolio for $33.1 million. Details on that and more commercial real estate news in this week's Real Estate Recap...

97. Philadelphia Investor Buys Memphis Portfolio for $6M - Monday, May 15, 2017

Philadelphia-based real estate investment firm Odin Properties, doing business as Medley Apartments, has purchased four multifamily properties from Asia Capital Real Estate for a combined $6 million, according to paperwork filed with the Shelby County Register of Deeds.

98. Last Word: End of The Season, Honoring Forrest and MATA's Coming Campaign - Friday, April 28, 2017

It’s over. No Game 7 for the Grizz and the off-season begins. Spurs advance after beating the Grizz at the Forum Thursday 103 – 96. But in the process, the Grizz created a chapter in Memphis basketball lore where it is about more than winning on the court.

99. Mayors Say Region Needs New Mindset, More Density - Tuesday, April 18, 2017

When Hernando West first surfaced in 2007, it was going to be a different kind of development south of the state line. But the recession that followed put the plans for the city’s first mixed-use development on hold – until recently.

100. Last Word: Busy Council Day, County Property Tax Cut Call and Gas Tax Vote Nears - Tuesday, April 11, 2017

The Lawsons – K.J. and Dedric – are on their way to Kansas after leaving University of Memphis basketball they announced Monday. And Markell Crawford confirmed Monday that he will be transferring too. Crawford is the sixth Tiger player to head for the door since the season’s end. What will Tigers basketball look like by the next season?