The up-and-coming South City neighborhood is enjoying a resurgence of redevelopment activity lately, with the restoration of several historic properties, new multifamily construction and talk of bringing in a grocery store. The city and the Downtown Memphis Commission have been instrumental in the renewed interest, with noteworthy projects including the Clayborn Temple, the Universal Life Building and the demolition of Foote Homes.

2. Amid Retail and Industrial Successes, DeSoto Office Market Lags - Tuesday, August 22, 2017

In the last few years, DeSoto County has become a magnet not only for retail development, but also for the industrial market.

Numerous new retail ventures have opened, and several other companies have opened industrial locations there, including FedEx Supply Services, XPO Logistics and Sephora.

3. Two Portfolios Near Airport Sell for Combined $26M - Friday, August 18, 2017

Nearly 2 million square feet of industrial space near Memphis International Airport has switched hands for a combined $25.9 million in a pair of recently closed deals.

The larger of the two was a 70-acre, 13-property portfolio in the Airport Distribution Center and Delp Distribution Center that sold for $18.1 million.

4. Amid Retail and Industrial Growth, DeSoto County Office Market Lags - Saturday, August 19, 2017

In the last few years, DeSoto County has become a magnet not only for retail development, but also for the industrial market.

Numerous new retail ventures have opened, and several other companies have opened industrial locations there, including FedEx Supply Services, XPO Logistics and Sephora.

5. South City Redevelopment Heats Up With Renovations, New Construction - Saturday, August 19, 2017

The up-and-coming South City neighborhood is enjoying a resurgence of redevelopment activity lately, with the restoration of several historic properties, new multifamily construction and talk of bringing in a grocery store. The city and the Downtown Memphis Commission have been instrumental in the renewed interest, with noteworthy projects including the Clayborn Temple, the Universal Life Building and the demolition of Foote Homes.

6. Tax Breaks Broaden For Residential, Retail Deals - Tuesday, August 08, 2017

Some changes are coming in the rules surrounding incentives that the Economic Development Growth Engine for Memphis and Shelby County – or EDGE – can use for different kinds of development and for broader use of tax increment financing – or TIF – zones to sustain redevelopment.

7. MLGW Moving Forward With Relocation Plans - Monday, August 07, 2017

Officials with Memphis, Light, Gas and Water Division are continuing with plans to expand operations at its North Service Center, despite the concerns of some residents who feel like the industrial facility is encroaching on their neighborhood.

8. Developers Baking $73 Million Deal at Wonder Bread Plant - Wednesday, August 02, 2017

A development group wants to breathe new life into the former Wonder Bread plant that used to fill the Memphis Medical District with the smell of fresh bread before it closed in 2013.

A group of investors spearheaded by Chisca Hotel Developers – Development Services Group – has submitted a $73 million plan to create 286 upscale multifamily units, a 480-space parking garage and 150,000 square feet of office and retail space.

9. Wonder Bread Factory Rebirth Eyed by Chisca Hotel Developer - Wednesday, August 02, 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.

10. Memphis Music Initiative To Occupy Old Downtown Firehouse - Thursday, July 27, 2017

198 Dr. Martin Luther King Jr. Ave., Memphis, TN 38103

Tenant: Memphis Music Initiative

11. 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...

12. 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...

13. Last Word: Deeper on Beale, End of Session and Johnny Mathis - Thursday, May 11, 2017

Beale Street keeps its cover charge on Saturday nights during its Memphis In May peak. But the district has some complex questions to resolve about its future and who controls that future. If that wasn’t evident before, it became apparent at City Hall Tuesday. It wasn’t the council action on the Beale Street Bucks program that was significant as much as it was the council’s discussion.

14. New York Firm Pays $23M for 3 Germantown Hotels - Thursday, May 04, 2017

7750 Wolf River Blvd., 9314 Poplar Pike and 9320 Poplar Pike, Germantown, TN 38138 | Sale Amount: $23 million

Sale Date: April 28, 2017

15. Council Wants Railgarten Permit Delay as OPD Recommends Rejection - Wednesday, April 26, 2017

The Memphis City Council wants the Board of Adjustment to delay any decision Wednesday, April 26, on a special permit for Railgarten for a month while the council sorts out what the controversial resident had permission to open and what it didn’t have permission to open.

16. Events - Monday, April 17, 2017

Shelby County Real Estate Road Show, co-sponsored by Shelby County Trustee David Lenoir and Chandler Reports, will be held Monday, April 17, from 5:30 p.m. to 6:30 p.m. at Memphis Botanic Garden, 750 Cherry Road. Learn about the county’s tax sale process and anti-blight initiative, as well as how to bid on commercial, industrial and residential properties through the Civic Source online system. Cost is free. Register at rersmemphis42017.eventbrite.com or email kwhitaker@shelbycountytrustee.com.

17. Events - Saturday, April 15, 2017

The Dunavant Public Servant Awards luncheon, co-sponsored by The Rotary Club of Memphis East and The Daily News, will be held Tuesday, April 18, from 11:30 a.m. to 1 p.m. at the Hilton Memphis, 939 Ridge Lake Blvd. Awards will be presented to Collierville Mayor Stan Joyner and Memphis Public Library & Information Center director Keenon McCloy, and U.S. Sen. Bob Corker will give the keynote. Tickets are $50. Call 901-754-1615 or email lmhughes@costconsulting.net.

18. Tax Man Cometh - Saturday, April 15, 2017

After years of lagging behind other parts of the county, Memphis’ real estate market is finally coming into its own. But with a strong market comes an increase in property values, which in turn leads to higher taxes.

19. Events - Friday, April 14, 2017

SRVS Kids & Families will host the 21st annual 5K Bunny Run and 1-mile Family Fun Run/Walk on Saturday, April 15, at 9 a.m. at Independent Presbyterian Church, 4738 Walnut Grove Road. Registration begins at 7:30 a.m. The event includes a visit by the Easter bunny, egg hunt, music, food trucks and more. Visit bunnyrun.racesonline.com for registration fees and information.

20. Shops of Wolflake Near Wolfchase Sells for $4.8M - Thursday, April 13, 2017

2965 N. Germantown Parkway
Bartlett, TN 38133 

Sale Amount: $5 million

Sale Date: March 31

Buyer: WFL Retail LLC

21. Bartlett Weighs $60M Overhaul, Expansion of Bartlett High School - Monday, April 03, 2017

A four-word phrase that appeared on a Power Point presentation at Bartlett High School last week was when the audience of 500 people appeared to buy into a $60 million plan to reconfigure the high school campus over the next three to four years.

22. Binghampton Gateway Builds on Decade of Momentum - Friday, March 24, 2017

While construction recently began on the large-scale Binghampton Gateway Center and more development is on the way, the revitalization process to bring businesses and jobs back to the distressed Binghampton area began more than a decade ago.

23. Sector-by-Sector Highlights of the Commercial Property Forecast Summit - Monday, February 20, 2017

Many of the area’s best and brightest commercial real estate minds were on hand for the Memphis Area Association of Realtor’s Annual Commercial Property Forecast Summit at the Halloran Centre for Performance Thursday afternoon. 

24. Luxury Apartments Begin $17 Million Expansion - Thursday, February 16, 2017

3333 Hacks Cross Road, Memphis, TN 38125: Fieldstone Apartment Homes, a gated community in southeast Memphis, is in the process of another massive expansion.

Permit Amount: $9.7 million (combined)

25. Archived Article - Thursday, February 16, 2017

3333 Hacks Cross Road

Memphis, TN 38125

Permit Amount: $9.7 million (combined)

Project Cost: $17 million

26. Events - Thursday, February 09, 2017

Shelby County Real Estate Road Show, co-sponsored by Shelby County Trustee David Lenoir and Chandler Reports, will be held Thursday, Feb. 9, from 5 p.m. to 7 p.m. at the Memphis Area Association of Realtors, 6393 Poplar Ave. Learn about the county’s tax sale process and anti-blight initiative, as well as how to bid on commercial, industrial and residential properties through the Civic Source online system. Cost is free. Register at eventbrite.com or email kwhitaker@shelbycountytrustee.com.

27. Events - Wednesday, February 08, 2017

Talk Shoppe will meet Wednesday, Feb. 8, from 9 a.m. to 10 a.m. in NovaCopy’s conference room, 7251 Appling Farms Parkway. Leadership development coach Shelley Baur will present “Creating Honest Conversations to Build Better Relationships.” Cost is free. Visit talkshoppe.com.

28. Events - Tuesday, February 07, 2017

Shen Yun Performing Arts will perform in Tuesday and Wednesday, Feb. 7-8, at 7:30 p.m. at the Cannon Center for the Performing Arts, 255 N. Main St. The performance explores traditional Chinese culture and legends through a blend of classical dance and orchestral music. Tickets start at $70. Visit shenyun.com or call 888-974-3698.

29. Events - Saturday, February 04, 2017

The second We Mean Business Symposium, hosted by the City of Memphis Office of Business Diversity and Compliance, will be held Wednesday, Feb. 8, from 8 a.m. to 3:30 p.m. at the Tower Center at Clark Tower, 5100 Poplar Ave., 33rd floor. The primary focus is to share upcoming city bid opportunities for small and minority-owned businesses. Companies also will learn about the certification and registration process and how to leverage the city’s diversity programs. The first J.E. Walker Breaking Barriers Awards Luncheon will follow. Cost is free; RSVP required. Register at eventbrite.com.

30. Events - Monday, February 06, 2017

NAWBO Memphis will present “Selling for Business Owners” Tuesday, Feb. 7, from 11:30 a.m. to 1 p.m. at Seasons 52, 6085 Poplar Ave. Shawn Karol Sandy, chief revenue officer of The Selling Agency, will share the three-point plan that builds your own selling program and positions your company in front of your ideal customers. Register at nawbomemphis.org.

31. Opponents of Dairy Expansion To Host Community Meeting - Tuesday, January 10, 2017

A group of Midtown citizens who are opposed to the expansion of Turner Dairy’s Madison Avenue location will hold a public meeting Tuesday, Jan. 10, at 5:30 p.m. in the Hattiloo Theatre lobby, 37 S. Cooper St.

32. Avison Young Adds Four To Memphis Office Staff - Saturday, January 07, 2017

Commercial real estate firm Avison Young has announced four new additions to its Memphis office, including Greg deWitt, who will join as vice president.

DeWitt, a 23-year veteran of the commercial real estate market in Memphis, specializes in tenant and landlord representation for office and industrial properties.

33. Nordstrom Rack Files $1.5M Permit for Memphis Store - Thursday, January 05, 2017

4572 Poplar Ave.

Memphis, TN 38117

Permit Amount: $1.5 million

Project Cost: $25.2 million

Application Date: December 2016

34. Avison Young Adds Four To Memphis Office Staff - Wednesday, January 04, 2017

Commercial real estate firm Avison Young has announced four new additions to its Memphis office, including Greg deWitt, who will join as vice president.

DeWitt, a 23-year veteran of the commercial real estate market in Memphis, specializes in tenant and landlord representation for office and industrial properties.

35. Germantown Park Offices Sell for Nearly $48 Million - Saturday, December 31, 2016

A large office park near the intersection of Germantown Parkway and Walnut Grove Road in Cordova has been sold for nearly $50 million.

New York-based DRA Advisors LLC, acting as DRA CRT Germantown Center LP, sold six parcels to Real Capital Solutions, acting as EAT-1615 LLC, for $47.8 million.

36. Germantown Park Offices Sell for Nearly $48 Million - Friday, December 30, 2016

A large office park near the intersection of Germantown Parkway and Walnut Grove Road in Cordova has been sold for nearly $48 million.

New York-based DRA Advisors LLC, acting as DRA CRT Germantown Center LP, sold six parcels to Real Capital Solutions, acting as EAT-1615 LLC, for $47.8 million.

37. Midtown Retail Property Sells for $5 Million - Thursday, December 29, 2016

1625 Poplar Avenue

Memphis, TN 38104 

Sale Amount: $5 million

Sale Date: Dec. 21, 2016

38. Large Deals, Office Construction Among Memphis' Commercial Real Estate Trends - Wednesday, December 28, 2016

Coming off of a strong year in 2015, the commercial real estate market in the Memphis metropolitan area continued to do well in 2016.

Larry Jensen, president and CEO of Cushman & Wakefield/Commercial Advisors, said his company was tracking approximately 6 million square feet of net absorption in the industrial market headed into the last week of 2016, as compared to 8.4 million in 2015.

39. Developer Buys Former Merle Norman Warehouse - Thursday, December 22, 2016

3670 S. Perkins Road

Memphis, TN 38118

Sale Amount: $1.3 million

Sale Date: December 2016

Buyer: Farnsworth Investment Co.

40. Village Shops of Forest Hill Sells for $37.1 Million - Saturday, December 17, 2016

A 360,000-square-foot commercial retail center in Germantown recently was purchased by Epic Real Estate Partners acting as EREP Forest Hill I LLC for $37.1 million.

41. Memphis Chamber Announces Program to Assist Minority-, Women-Owned Businesses - Friday, December 16, 2016

At a press conference fittingly held at the National Civil Rights Museum, The Greater Memphis Chamber announced their newest pilot program Thursday, Dec. 15: the Ascend Memphis Business Development Pilot Program.

42. Village Shops of Forest Hill Sold for $37.1 Million - Thursday, December 15, 2016

9155 U.S. Highway 72

Germantown, TN 38138

Sale Amount: $37.1 million 

Sale Date: December 2016

43. Avison Young Names Director Of Property Management - Tuesday, December 13, 2016

Avison Young has named Tim Norwood the new director of property management for its Memphis office, the Toronto, Canada-based commercial real estate services firm announced Monday, Dec. 12.

44. Village Shops of Forest Hill Sold for $37.1 Million - Monday, December 12, 2016

A 360,000-square-foot commercial retail center in Germantown was recently purchased by Epic Real Estate Partners acting as EREP Forest Hill I LLC for $37.1 million.

45. Evolving PILOT Programs in Memphis Look to Restore Competitive Balance - Saturday, December 10, 2016

When the Memphis-Shelby County Economic Development Growth Engine approved its Fast Track payment-in-lieu-of-taxes (PILOT) program earlier this year, it was with the hopes of bringing back a competitive balance between Memphis and North Mississippi.

46. Kirk-Ivy Named 2016 Mississippi Commercial Realtor - Wednesday, November 30, 2016

Bambi K. Kirk-Ivy, a commercial Realtor and marketing director at Olive Branch-based Utley Properties, recently was recognized as the 2016 Mississippi Commercial Realtor of the Year at the annual Mississippi Realtors Convention and Expo.
As a landlord representative for all of Utley’s properties, most of Kirk-Ivy’s work has been in retail; however, she says the company is now focusing on light industrial-type flex spaces consisting of office, showroom and warehouse uses.
In 2017, she also will serve as the northern district director on the Mississippi Commercial Association of Realtors board of directors. 

47. Morris Auction Group Adds New Services in Destin, Fla. - Saturday, November 26, 2016

Six months after Memphis-based Morris Auction Group expanded into Destin, Florida, the company is expanding the scope of its services there.

Morris’ Destin branch, Luxury Estates Auction Co., has added a new arm focused on traditional real estate services. Called Luxury Estates Realty Group, the arm will focus on showcasing and selling high net worth properties in the Destin/30A area and the Northwest Florida region.

48. Morris Auction Group Adds New Services in Destin, Fla. - Thursday, November 24, 2016

Six months after Memphis-based Morris Auction Group expanded into Destin, Florida, the company is expanding the scope of its services there.

Morris’ Destin branch, Luxury Estates Auction Co., has added a new arm focused on traditional real estate services. Called Luxury Estates Realty Group, the arm will focus on showcasing and selling high net worth properties in the Destin/30A area and the Northwest Florida region.

49. Gill Seeks $25 Million Permit For New MAA Headquarters - Thursday, November 24, 2016

6815 U.S. 72

Germantown, TN 38138

Permit Amount: $25 million

Future Tenant: MAA

50. St. Jude Planning Renovation Of Tri Delta Place - Thursday, November 17, 2016

350 N. Third St.

Memphis, TN 38105

Permit Amount: $3.5 million

Application Date: November 2016

51. Auto Safety Supplier Autoliv Moves Into Memphis - Monday, November 14, 2016

Autoliv, the world’s largest auto safety supplier, has signed a lease to move into a 157,366-square-foot distribution facility in Olive Branch, Mississippi.

Hillwood Investment Properties announced the lease Monday, Nov. 14.

52. Cordova Flex Development Sells for $6.3 Million - Saturday, November 05, 2016

The Horizon Business Center, a flex warehouse development on the north side of Interstate 40 near Wolfchase Galleria, has sold for $6.3 million.

Three limited liability companies affiliated with Louisville, Colorado-based Real Capital Solutions bought the 23,750-square-foot building at 2525 Horizon Lake Drive and the 41,300-square-foot building at 2565 Horizon Lake Drive from MM Industrial Memphis LLC in an Oct. 25 warranty deed.

53. Local Real Estate Sectors Show Positive Absorption - Saturday, November 05, 2016

Vacancy in the Memphis MSA industrial market has hit a five-year low as 3.5 million square feet of space has been absorbed so far this year, according to the latest MarketView Report from CBRE.

In the third quarter, the Memphis MSA saw 843,827 square feet of positive net absorption, down about 27 percent from the previous quarter.

54. Memphis Real Estate Sectors All Show Positive Absorption - Friday, November 04, 2016

Vacancy in the Memphis MSA industrial market has hit a five-year low as 3.5 million square feet of space has been absorbed so far this year, according to the latest MarketView Report from CBRE.

In the third quarter, the Memphis MSA saw 843,827 square feet of positive net absorption, down about 27 percent from the previous quarter.

55. Cordova Flex Development Sells for $6.3 Million - Monday, October 31, 2016

The Horizon Business Center, a flex warehouse development on the north side of Interstate 40 near Wolfchase Galleria, has sold for $6.3 million.

Three limited liability companies affiliated with Louisville, Colorado-based Real Capital Solutions bought the 23,750-square-foot building at 2525 Horizon Lake Drive and the 41,300-square-foot building at 2565 Horizon Lake Drive from MM Industrial Memphis LLC in an Oct. 25 warranty deed. The seller had owned the properties since 2005.

56. McNeill Commercial Real Estate Thrives By Focusing on Flexibility - Saturday, October 29, 2016

McNeill Commercial Real Estate doesn’t focus on one discipline, location or product type.

While some developers focus on multifamily, retail or industrial properties, for example, McNeill dabbles in it all. That includes a hospitality group that started in 2014 to expand on its already present hotel focus.

57. Industrial Real Estate Competition Heats Up Between DeSoto, Marshall - Saturday, October 29, 2016

A North Mississippi industrial park more than 10 years in the making is reaching the finish line. By next May, Hillwood Investment Co. will wrap construction on a 947,000-square-foot warehouse on the final parcel in the DeSoto Trade Center.

58. Real Estate Awakening - Saturday, October 29, 2016

The year’s biggest office deal didn’t affect Memphis’ office absorption at all, but everyone in real estate has felt its reverberations.

When ServiceMaster Global Holdings announced its move to the shuttered Peabody Place Mall from Ridge Lake office park, it promised new life for a 328,000-square-foot black hole in Downtown’s retail market.

59. With MAA, TraVure Is Gateway To Germantown - Wednesday, October 26, 2016

The developer of Germantown’s mixed-use TraVure project is anxious to start work on the development’s centerpiece, a five-story Class A office building that now has an anchor tenant for most of the space – the headquarters of Memphis-based MAA, or Mid-America Apartment Communities Inc.

60. Germantown PILOT for MAA Headquarters Move to TraVure Approved - Tuesday, October 25, 2016

Memphis-based Mid-America Apartments LP has won approval from Germantown leaders of financial incentives for a new headquarters in the TraVure development in Germantown.

61. Germantown PILOT for MAA Headquarters Move to TraVure Approved - Tuesday, October 25, 2016

Memphis-based Mid-America Apartments LP has won approval from Germantown leaders of financial incentives for a new headquarters in the TraVure development in Germantown.

62. Southeast Memphis Portfolio Sells for $23.6 Million - Thursday, October 13, 2016

Multiple Properties

Memphis, TN 38118

Sale Amount: $23.6 million

Sale Date: Sept. 27, 2016

63. Trio of Industrial Properties Sells for $9.6 Million - Saturday, September 17, 2016

Three industrial properties in southeast Shelby County have sold for $9.6 million.

In a Sept. 8 warranty deed, Colfin Cobalt I-II Owner LLC sold its holdings at the Malone Distribution Park to O’Donnell Memphis E-Commerce Distribution Center LLC.

64. Last Word: Rallings on Protests, New Home Sales Numbers and Special Session Over - Thursday, September 15, 2016

$10 million goes a long way toward establishing a new school.

But Crosstown High School was not among the new high schools that garnered grants Wednesday from the XQ Super School Project.

65. Three Industrial Properties Sell for $9.6 Million - Thursday, September 15, 2016

Malone Distribution Park 

Memphis, TN 38118

Sale Amount: $9.6 million

Sale Date: Sept. 8

66. Trio of Industrial Properties Sells for $9.6 Million - Wednesday, September 14, 2016

Three industrial properties in southeast Shelby County have sold for $9.6 million.

In a Sept. 8 warranty deed, Colfin Cobalt I-II Owner LLC sold its holdings at the Malone Distribution Park to O’Donnell Memphis E-Commerce Distribution Center LLC.

67. Enoble Business Capital Offices Sell in Foreclosure - Thursday, September 08, 2016

813 Ridge Lake Blvd.

Memphis, TN 38120

Sale Amount: $9.6 million

Sale Date: Aug. 31, 2016

Buyer: Merchants Capital Real Estate LLC

68. Like a Troll Under Poplar and Union, Flicker Street Flourishing as Arts District - Tuesday, September 06, 2016

The Poplar/Union viaduct passes over a collection of half-moon shaped Quonset huts that look unlike any other building type in Memphis.

These mid-century warehouses on Flicker Street make up a modern-day artist enclave tucked between Chickasaw Gardens and Central Gardens.

69. Nonconnah Center Sale Could Boost Market - Friday, September 02, 2016

In what is sure to be one of the top commercial real estate transactions of the year, the majority of the 1.2 million-square-foot Nonconnah Corporate Center has sold. ReMark Trust, an out-of-town investment group, purchased the property for $57 million.

70. Much of Nonconnah Park Sells for $57 Million - Thursday, September 01, 2016

The majority of the Nonconnah Corporate Center has sold for $57 million.

New York-based Hampshire Properties, acting as Nonconnah Holdings LLC, sold the entirety of its portfolio at the Memphis International Airport-area office park.

71. Artspace Begins $17M Affordable Housing Project - Thursday, August 25, 2016

138 & 120 St. Paul Ave.

Memphis, TN 38103

Permit Amount: $10.5 million

Project Cost: $17 million

72. Events - Wednesday, August 17, 2016

Tennessee Small Business Development Center will host a workshop on how to get started in government contracting Thursday, Aug. 18, from 9 a.m. to 11 a.m. at the Renaissance Business Center, 555 Beale St. Learn about getting started in government contracting, types of contracts awarded, how to get one-on-one assistance and more. Cost is free; registration required. Visit tsbdc.org/training for details.

73. Events - Tuesday, August 16, 2016

Memphis Jewish Community Center will hold a Medicare informational meeting Tuesday, Aug. 16, at 6 p.m. at 6560 Poplar Ave. Larry L. Turner of Imagine Retirement will explain Medicare for those ages 60 to 64. Open to the public; reservations required. Call Jennifer Roberts at 901-761-0810.

74. Events - Monday, August 15, 2016

Tennessee Medical Association will bring its CME Summer Roadshow, “Dollars and Sense: Understanding State and Federal Healthcare Payment Reform,” to Memphis on Tuesday, Aug. 16, at Saint Francis Hospital-Memphis’ Longinetti Auditorium, 5959 Park Ave. Cost is $175 for TMA members and $275 for nonmembers. Visit tnmed.org/summerroadshow to register.

75. Events - Saturday, August 13, 2016

Memphis Botanic Garden will host Arts and Craft Beers on Friday, Aug. 19, from 6 p.m. to 9 p.m. at 750 Cherry Road. Grab a power tool and create take-home DIY art projects, sample local craft beers and challenge friends to a lawn game at this 21-and-older event. Tickets are $15 for MBG members and $18 for nonmembers and are available at memphisbotanicgarden.com or 901-636-4131.

76. TAG Expects Truck Facility to be Operational by Mid-2017 - Saturday, July 23, 2016

TAG Truck Center is moving forward with a $28 million trucking facility at the former site of the Mall of Memphis. Contractor Linkous Construction Co. recently filed two building permits for TAG’s new headquarters.

77. Chamber Names Simmons Director of Public Policy - Wednesday, June 29, 2016

Haley Simmons has joined the Greater Memphis Chamber as the director of public policy, a new position in the chamber’s community development department. In this role, Simmons will be focused on enhancing the chamber’s advocacy efforts to inform and engage its members on important policy issues, and he’ll also be responsible for growing the chamber’s role in education initiatives.

78. Collierville Sees Year’s Largest Multifamily Sale - Thursday, June 09, 2016

160 Madison Farms Drive
Collierville, TN 38017

Sale Amount: $34.3 million

Buyer: Spyglass-Collierville LLC

79. DMC Wants to Connect Successful South End to South City - Thursday, June 02, 2016

For the past 15 years, the Downtown Memphis Commission has concentrated its development efforts in the South Main area. The fruits of that labor, which turned an abandoned stretch of Main Street into a blossoming haven for retail and restaurants, is spilling over onto South Front Street.

80. Memphis MSA Industrial Sector Has A Strong First Quarter After Record 2015 - Saturday, May 07, 2016

The Memphis MSA industrial sector had a strong first quarter after a record-breaking year in 2015.

Last year saw a record absorption rate of 8.4 million square feet, which is 2 million square feet higher than 2006’s pre-recession levels.

81. RegionSmart Details How to Prevent Erosion of Talent, Population - Monday, May 02, 2016

During his three terms as mayor of Pittsburgh, Tom Murphy had to assume a great deal of risk in transforming the city’s economy from an industrial to an entrepreneurial base.

82. Moving Dirt - Saturday, April 09, 2016

The Memphis development community is looking inward and upward to increase density in the urban core. New construction is happening across all four commercial real estate sectors, with long-anticipated projects like Trader Joe’s and the redevelopment of Central Station finally coming to fruition. Construction and operating costs continue to be a challenge as new projects hit the top of their class to command higher rents.

83. Lawmakers Lure Us In With Momentary Sanity, And Then... - Thursday, April 07, 2016

Just when it appears the Tennessee Senate is made up of sensible people – as evidenced by the killing of de-annexation legislation – the body is changing course with a Bible-thumping measure.

84. ALSAC Buys Warehouse For $6 Million - Thursday, March 31, 2016

483 Manassas St.
Memphis, TN 38105

Sale Amount: $6 million

Sale Date: March 17, 2016

Buyer: ALSAC

Seller: Michael Nussbaum and Joyce Nussbaum

85. Memphis Fights Back: Senate Poised To Do Real Damage via De-Annexation - Thursday, March 24, 2016

Memphis Mayor Jim Strickland makes a persuasive argument against de-annexation legislation now being considered by the state Legislature, providing a long list of figures to show it would devastate the Bluff City.

86. Over $20M in Construction Headed to Brewery District - Thursday, March 24, 2016

495 Tennessee St.
Memphis, TN 38103

Permit Amount: $18.8 million

Owner: 495 Tennessee LLC

Tenant: Brewery Master Tenant

87. Airport-Area Industrial Sells for $1.2 Million - Thursday, March 10, 2016

1525 Three Place, 3365-3378 One Place
Memphis, TN 38116

Sale Amount: $1.2 million

Buyer: Gregory Realty

Seller: One Place Associates

88. Airport-Area Industrial Sells for $1.2 Million - Tuesday, March 08, 2016

A local investor has purchased four industrial buildings near Memphis International Airport. Gregory Realty bought 1525 Three Place and 3365-3378 One Place, totaling 85,631 square feet, from One Place Associates for $1.2 million.

89. Numbers Show Memphis’ Commercial Real Estate Market Stable in 2015 - Saturday, February 27, 2016

Across all sectors, the Memphis market was stable in 2015.

That’s according to the latest data from Integra Realty Resources, a national appraisal and advisory firm. At its annual Viewpoint local market presentation Wednesday, Feb. 24, local Integra leaders spoke on the industrial sector’s banner year, multifamily’s expansion cycle, what’s next for an office market without any remaining Class A space, and growth in the retail sector.

90. Work Begins On Brewery Development - Thursday, February 25, 2016

502 Tennessee St.
Memphis, TN 38103

Permit Amount: $4.5 million

Application Date: Feb. 18, 2016

Tenant: Brewery Master Tenant LLC

Architect: LRK Architects

Contractor: Montgomery Martin Contractors

91. Orleans at Walnut Grove Sells for $29.2 Million - Thursday, February 18, 2016

317 Royal Chartres Square E.
Cordova, TN 38018

Sale Amount: $29.2 million

Sale Date: Feb. 4, 2016

Buyer: PC Orleans LLC

92. New Numbers: Memphis Industrial Market Breaks Records - Friday, February 12, 2016

The Memphis industrial sector had a banner year in 2015. According to year-end data from Cushman & Wakefield/Commercial Advisors, last year’s absorption level came in at 8.4 million square feet, 2 million square feet higher than 2006’s pre-recession levels and a record for the market.

93. Save-A-Lot to Anchor New Sam Cooper Shopping Center - Tuesday, February 02, 2016

Southeast Corner of Sam Cooper
Boulevard and Tillman Street
Memphis, TN 38104

Tenant: Save-A-Lot

Size: 16,300 square feet

Tenant’s Agent: Frank Dyer, Loeb Realty Group

94. ProLogis Sells 90M Square Feet of Property - Saturday, January 30, 2016

ProLogis has unloaded nearly 90 million square feet of its industrial holdings in six separate deals.

ProLogis, working under a number of affiliated names, sold multiple properties – including two warehouses housing Cummins Inc.’s distributions operations – to Exeter Property Group, according to warranty deeds signed Dec. 29. They include:

95. ProLogis Sells 90 Million Square Feet of Property - Friday, January 29, 2016

ProLogis has unloaded nearly 90 million square feet of its industrial holdings in six separate deals.

ProLogis, working under a number of affiliated names, sold multiple properties – including two warehouses housing Cummins Inc.’s distributions operations – to Exeter Property Group, according to warranty deeds signed Dec. 29. They include:

96. Last Word: Kroger Disses Clarence Saunders, Mud Island Plans and The Australians - Tuesday, January 26, 2016

What is old has become new again. And judging by your reaction to Andy Meek’s story on the Kroger plans for online ordering of groceries, what is old has gone viral as well.
Here are the basics:
You order from a list of items and Kroger fills the order and has it waiting for you to pick up.
When you think about the idea of supermarkets, which originated here in Memphis with Piggly Wiggly, it’s enough to make the Piggly Wiggly founder himself, Clarence Saunders, spin in his grave.
Before he came up with the idea of taking store shelves from behind the counter and putting them out there for you to get your own stuff from them, you would tell your grocer what you wanted and he would write it down on a paper bag and get it for you, wrap it up and present it to you.
Saunders changed all of that as you know if you’ve seen the Pink Palace’s child-sized replica of a Piggly Wiggly store from the start of the 20th century.
A century later, no paper bags and you can still walk among the shelves if you wish.
Perhaps this isn’t that extreme. Maybe this is simply a swing of the pendulum, back toward the middle ground.
Saunders tried to push it even further with his Keedoozle stores that followed Piggly Wiggly. In those stores, the items were lined up in what amounted to vending machines with shoppers releasing an item from the vertical row with a key.
Here Saunders went too far. He mashed the bread.

97. Belz Sells Linden Camilla Towers for $14.4 Million - Tuesday, January 26, 2016

256 S. Camilla Street
Memphis, TN 38104

Sale Amount: $14.4 million

Sale Date: Dec. 6, 2015

98. International Real Estate Firms Find Purchase Potential in Memphis - Tuesday, January 26, 2016

International investors and developers are increasingly looking to Memphis because the market is stable and the returns are high, according to a variety of real estate professionals doing business locally.

99. Exeter Property Group Transfers 13 Properties - Saturday, January 23, 2016

Exeter Property Group has sold 13 Memphis industrial properties for a combined $143.3 million – all part of the massive deal in which Exeter sold its U.S. industrial portfolio for $3.2 billion.

100. Olymbec Compiling Airport-Area Office Park - Thursday, January 21, 2016

Olymbec USA LLC is gaining critical mass near Memphis International Airport with the planned purchase of a 133,600-square-foot office building at 2600 Nonconnah Blvd.