After successfully renovating the 29-story iBank Tower in Downtown Memphis, the work is done for a group of prominent Memphis investors as they prepare to sell the office building to a new owner with deeper pockets.

2. Commercial Appeal Looking at New Spot Downtown - Thursday, August 2, 2018

The Commercial Appeal building was a nexus of local news coverage for Memphis and the Mid-South for nearly a half-century, but The CA won’t be operating out of its 495 Union Ave. location for the first time since the Ford Administration.

3. The CA Looking at New Spot Downtown - Thursday, August 2, 2018

The Commercial Appeal building was a nexus of local news coverage for Memphis and the Mid-South for nearly a half-century, but The CA won’t be operating out of its 495 Union Ave. location for the first time since the Ford Administration.

4. CBRE: Memphis Industrial Set for Strong Second Half - Tuesday, July 10, 2018

After 20 consecutive quarters of positive absorption, Memphis’ industrial real estate market is poised for a strong finish to 2018, according to the second-quarter report from commercial real estate brokerage firm CBRE.

5. Office Vacancy, Asking Rents Both Rise - Wednesday, May 23, 2018

Despite an uptick in the vacancy rate, direct asking prices continued to rise in the Memphis office market during the first quarter of 2018, according to research complied by commercial real estate firm Avison Young.

6. AutoZone Expanding Downtown, One Commerce Square Hits Market - Monday, May 14, 2018

40 S. Main St.

Memphis, TN 38103

Property: One Commerce Square Building 

Seller: Memphis Commerce Square Partners LLC

Details: One Commerce Square, the fourth-largest building in Memphis, has hit the market.

7. One Commerce Square Office Tower Up for Sale - Saturday, May 12, 2018

One Commerce Square, the fourth-largest building in Memphis, has hit the market.

The 29-story high-rise office tower and four-story annex, located at 40 S. Main St., also comes with a leasehold interest in a roughly 500-space parking garage, according to real estate brokerage firm CBRE’s Deal Flow listing.

8. One Commerce Square Office Tower Up for Sale - Wednesday, May 9, 2018

One Commerce Square, the fourth-largest building in Memphis, has hit the market. The 29-story high-rise office tower and four-story annex, located at 40 S. Main St., also comes with a leasehold interest in a roughly 500-space parking garage, according to real estate brokerage firm CBRE’s Deal Flow listing.

9. CA Sells Land, CBRE Inks New Office Deal - Monday, April 23, 2018

597 Beale St., Memphis, TN 38103: Gannett Co. Inc., The Commercial Appeal’s parent company, has sold 5 acres adjacent to the CA’s 495 Union Ave. location to a New York-based investment company that specializes in acquiring underperforming and underutilized locations from legacy newspapers.

10. CBRE Moving Offices To Triad Centre III - Saturday, April 21, 2018

Real estate brokerage firm CBRE will be moving its Memphis offices as part of a companywide Workplace360 initiative.

CBRE will occupy 10,824 square feet in the Triad Centre III building located at 6070 Poplar Ave., which is almost half of its current 20,000-square-foot space at 2620 Thousand Oaks Blvd.

11. CBRE Moving Offices To Triad Centre III - Thursday, April 19, 2018

Real estate brokerage firm CBRE will be moving its Memphis offices as part of a companywide Workplace360 initiative.

CBRE will occupy 10,824 square feet in the Triad Centre III building located at 6070 Poplar Ave., which is almost half of its current 20,000-square-foot space at 2620 Thousand Oaks Blvd.

12. CBRE Moving Memphis Office to Triad Center - Wednesday, April 18, 2018

Real estate brokerage firm CBRE announced it will be moving offices as part of a company-wide Workplace360 initiative.

CBRE’s new Memphis office will occupy 10,824-square-feet in the Triad Centre III building located at 6070 Poplar Avenue, which is almost half of its current 20,000-aquare-foot space at 2620 Thousand Oaks Boulevard.

13. EPE Expansion in Limbo, Overton Square Restaurant Sets Opening Date - Monday, March 26, 2018

3734 Elvis Presley Blvd.
Memphis, TN 38116

Project Cost: $22 million

Owner: Elvis Presley Enterprises

Details: Elvis Presley Enterprises’ expansion plans have been put on hold for the second straight month as the Economic Development Growth Engine for Memphis and Shelby County board continues to sort out if any implications will stem from approving bond financing for the Whitehaven project.

14. Pinnacle Honored for Social Responsibility - Monday, March 19, 2018

Pinnacle Financial Partners has earned a spot on the “Honor Roll” for 2018 from the Center for Companies that Care, a ranking that celebrates U.S.-based companies with “outstanding workplace practices and active community involvement.”

15. DMC Hires Springer As Chief Financial Officer - Saturday, February 24, 2018

Former CBRE executive Penelope Springer has been hired as the new chief financial officer for the Downtown Memphis Commission. She replaces former CFO Jennifer Oswalt, who became the DMC’s interim president and CEO last July and was retained on a permanent basis in November.

16. DMC Hires Springer As Chief Financial Officer - Thursday, February 22, 2018

Former CBRE executive Penelope Springer has been hired as the new chief financial officer for the Downtown Memphis Commission. She replaces former CFO Jennifer Oswalt, who became the DMC’s interim president and CEO last July and was retained on a permanent basis in November.

17. Cooper Tire Taking 1 Million Square Feet in Gateway Global - Thursday, February 8, 2018

Ohio-based tire manufacturer Cooper Tire & Rubber Co. will lease a 1 million-square-foot warehouse in Gateway Global Logistics Center in Marshall County that Newport, California-based Panattoni Development Co. broke ground on Wednesday, Feb. 7. 

18. Memphis Hilton Sale, New FedEx Hub Building Highlight Busy Week - Monday, January 15, 2018

939 Ridge Lake Blvd.

Memphis, TN 38120

Sale Amount: $31 million

Sale Date: Jan. 3, 2018

Buyer: Linchris Hotel Corp.

Seller: Davidson Hotels and Resorts

19. Priam Purchases Primacy Parkway Property for $14M - Thursday, January 11, 2018

Nashville-based- Priam Capital has secured another East Memphis office property in a multimillion dollar deal.

In the deal, Priam Capital, doing business as Primacy III LLC bought the 130,000 square foot office building from Lone Star Funds doing business as LSREF2 Newtown for $14.1 million, according to a Jan. 9 warranty deed filed with the Shelby County Register.

20. Orion, LEO Buy Slice of Wonder Bread - Thursday, January 11, 2018

The Center City Revenue Finance Corp. approved a trio of sales on Tuesday, Jan. 9, including two involving the $73 million Bakery Development in the Medical District and the Beale Street Hampton Inn.

21. Last Word: Liberty Bowl Post Mortem, Confederate Protest Plans and Absorption - Wednesday, January 3, 2018

As soon as it was confirmed the Tigers would play in the AutoZone Liberty Bowl, there was some concern locally about the impact that would have on tourism at the holidays with only one of the bowl teams – Iowa State – being from out of town. The exact dollar figures aren’t in just yet. But the game was enough of a success out of the box that the executive director of the game is talking about a more constant presence in the bowl game for the Tigers now that they’ve made their first appearance in the 59-year history of the game which began in Philadelphia. And there is some precedent in college football for what Steve Ehrhart is talking about.

22. Industrial Market Closes 2017 With Strong Q4 - Wednesday, January 3, 2018

The Memphis industrial market finished the year strong by adding almost 1 million square feet of net absorption in the fourth quarter, bringing the 2017 total to more than 4.3 million square feet.

It also marked the 18th consecutive quarter of positive net absorption for the Memphis market, capping off a more than four-year span that has seen more than 23 million square feet of space absorbed, according to brokerage firm CBRE’s Q4 Industrial MarketView report.

23. 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.

24. Downtown Hotel Revival; Two Companies Look to Expand in Southwest Memphis - Monday, December 25, 2017

5050 E. Holmes Road
Memphis, TN 38118

Project Cost: $720,000

Application Date: Dec. 20, 2017

25. Southaven's Henry Schein Animal Facility Opens - Saturday, December 23, 2017

Henry Schein Animal Health, an Ohio-based distributor of animal health products, has opened its new Southaven facility.

The 50,000-square-foot distribution center was the result of a collaboration with the Mississippi Development Authority, according to Henry Schein Animal Health North America president Fran Dirksmeier.

26. Henry Schein Animal Health Opens Southaven Facility - Thursday, December 21, 2017

Henry Schein Animal Health, an Ohio-based distributor of animal health products, has opened its new Southaven facility.

The 50,000-square-foot distribution center was the result of a collaboration with the Mississippi Development Authority, according to Henry Schein Animal Health North America president Fran Dirksmeier.

27. Piece by Piece: Construction Projects Flourishing Throughout Mid-South - Saturday, December 9, 2017

With $11 billion spread out among more than 300 active projects in the Memphis area, according to data from brokerage firm Cushman & Wakefield/Commercial Advisors, it’s safe to say business in the region is good.

28. Collierville Industrial Market Poised for I-269 Benefits - Wednesday, November 29, 2017

The town of Collierville already has a solid, pro-business reputation, especially in the industrial real estate community, but as the completion of the outer Interstate 269 loop draws near, Collierville and its reputation are poised for even more growth.

29. Apocalypse Not - Saturday, November 25, 2017

Much has been said about the so-called “Retail Apocalypse,” a frightening term that conjures images of a desolate landscape littered with boarded-up malls and shopping centers representing the death of American capitalism. 

30. The Next Four Years - Saturday, November 18, 2017

A week before candidates for the 2018 Shelby County elections could pull qualifying petitions to run, Shelby County Commissioner David Reaves was thinking out loud on Facebook.

“Next four years,” was how it began.

31. Faropoint Buys 2 Properties After Trustmark Centre Sale - Saturday, November 11, 2017

Fresh off of the sale of Trustmark Centre, Faropoint Ventures has acquired two more substantial office assets.

The Israeli investment firm bought the Lipscomb & Pitts Building, 2670 Union Ave. Extended, and Poplar Towers, 6263 Poplar Ave., for a combined $19.3 million using capital from the Trustmark Centre sale. The purchase also includes the high-end restaurant Fleming’s, 6245 Poplar, and an AT&T store at 6267 Poplar, both outparcels to Poplar Towers.

32. Memphis Flexes Its Strengths In Improving Real Estate Market - Tuesday, November 7, 2017

The evolution of e-commerce and its transformative effects on the real estate market are not just limited to the retail sector, and while many trends and topics were discussed at The Daily News’ annual Commercial Real Estate Review & Forecast Seminar on Nov. 2, this was one of the overarching themes.

33. Iconic E. Memphis Office Building Sells for $19.7M - Monday, November 6, 2017

Nashville-based Magnolia Capital Investments has purchased the Trustmark Centre located at 5350 Poplar Ave. from Israeli investors, Faropoint Ventures. Faropoint intends to reinvest proceeds from the sale to buy other Memphis properties.

34. Faropoint Acquires Office Portfolio for $19.3M - Friday, November 3, 2017

Fresh off of the sale of the Trustmark Centre, Faropoint Ventures has acquired two more substantial office assets.

The Lipscomb Pitts Building, located at 2670 Union Ave. Ext.,  and Poplar Towers, located at 6263 Poplar Ave., were both purchased by the Israeli investment firm for $19.3 million using the capital they accrued from the aforementioned deal.

35. Real Estate Market In Focus At Seminar - Tuesday, October 31, 2017

The Daily News will host its annual Commercial Real Estate Review & Forecast Seminar on Thursday, Nov. 2, at the Memphis Brooks Museum of Art, 1934 Poplar Ave.

36. Gibson Plans to Sell Downtown Factory, Build a New One - Monday, October 30, 2017

145 Lt. George W. Lee Ave., Memphis, TN 38103: Nashville-based guitar maker Gibson Brands Inc. confirmed Friday, Oct. 20, it is putting its Downtown Memphis factory on the market and plans to build and lease a new facility nearby.

37. Clicking on All Cylinders - Saturday, October 28, 2017

Memphis is a city on the precipice of change as projects that were once deemed impossible – like ServiceMaster’s Downtown headquarters or Crosstown Concourse – have emboldened developers and city officials to shoot for the moon.

38. Effects Of E-commerce, Amazon Among Seminar Topics - Wednesday, October 25, 2017

The growth of e-commerce has been one of the most transformative trends in real estate over the past few years and Memphis’ unique geography has it poised to reap the benefits.

While the more traditional industrial projects like Amazon’s proposed 615,440-square-foot receiving center at 3292 Holmes Road or DHL’s planned 580,000-square-foot distribution facility less than a mile to the south come to mind, the ripple effects of this can be felt in other areas as well, such as in typical brick-and-mortar retail operations.

39. Gibson Confirms Plans for New Memphis Facility - Tuesday, October 24, 2017

Nashville-based guitar maker Gibson Brands Inc. confirmed Friday, Oct. 20, it is putting its Downtown Memphis factory on the market and plans to build and lease a new facility nearby.

40. Gibson Confirms Plans for New Memphis Factory - Saturday, October 21, 2017

Nashville-based guitar maker Gibson Brands Inc. confirmed Friday, Oct. 20, it is putting its Downtown Memphis factory on the market and plans to build and lease a new facility nearby.

The Gibson Beale Street Showcase and Guitar Factory opened more than 16 years ago at 145 Lt. George W. Lee Ave., across South B.B. King Boulevard from FedExForum.

41. Gibson Guitar Factory Looking For New Home - Friday, October 20, 2017

Nashville-based guitar maker Gibson Brands Inc. is putting its Downtown Memphis factory on the market as it looks for a new, smaller home.

The 18-year-old Gibson Beale Street Showcase and Guitar Factory – located on nearly six acres at 145 Lt. George W. Lee Ave., across South B.B. King Boulevard from FedExForum – clocks in at 127,620 square feet and has an adjacent 330-space parking lot. And it could be yours for $17 million.

42. Seminar To Feature ULI Emerging Trends Report - Thursday, October 19, 2017

For the second straight year, ULI Memphis is partnering with The Daily News to present its 2018 Emerging Trends Report on Thursday, Nov. 2, at the Memphis Brooks Museum of Art.

The report will immediately precede TDN’s Commercial Real Estate Review & Forecast Seminar, where a panel of local real estate experts will discuss how these trends will affect the Memphis area.

43. 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.

44. 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.

45. CBRE Chosen To Lease Southwind Office Center - Friday, October 6, 2017

Group RMC Corp., the new owners of Southwind Office Center, have tapped CBRE’s Ron Kastner and Patrick Reilly to handle leasing services for the recently acquired asset.

46. Last Word: Bonus For the Head Tiger, Brooks Downtown? and Harris Runs - Thursday, October 5, 2017

A $100,000 bonus from the University of Memphis board of trustees for U of M president David Rudd at Wednesday’s trustees meeting. The bonus is from private funds raised by the university foundation. The board also approved a paid parental leave policy – specifically the funding for that policy. And it reviewed scaled-back plans for the $30 million new rec center for students that will incorporate some of the existing rec center.

47. CBRE to Handle Leasing for Southwind Office Center - Wednesday, October 4, 2017

Group RMC Corp., the new owners of Southwind Office Center, have tapped CBRE’s Ron Kastner and Patrick Reilly to handle leasing services for the recently acquired asset.

48. Last Word: Las Vegas React, Moral Monday, Who Pays For Beale Security? - Tuesday, October 3, 2017

We open with reaction Monday to the mass shooting in Las Vegas:

Memphis Mayor Jim Strickland:

49. Positive Absorption Streak Continues in Industrial Market - Tuesday, October 3, 2017

For the 17th straight quarter, the Memphis area industrial market continued its positive absorption streak, as it wrapped up Q3 2017 with more than 800,000 square feet of positive net absorption, according to commercial real estate brokerage firm CBRE’s Memphis Industrial MarketView Report.

50. GPAC Planning New Open-Air Venue - Monday, September 25, 2017

1801 Exeter Road, Germantown, TN 38138

Owner: Germantown Performing Arts Center

51. Highwoods Sells Southwind Portfolio for $39M - Thursday, September 21, 2017

Highwoods Properties Inc. has sold a massive portion of its portfolio in Southwind to a New York-based investment group for $39 million.

52. Flee Joins Youth Villages To Lead Digital, Creative Strategy - Wednesday, September 20, 2017

Travis Flee has been named a director of Youth Villages’ marketing and communications department, where he serves as director of digital strategy and creative services. Flee comes to Youth Villages with nearly 20 years of marketing experience, serving most recently as the director of digital brand marketing for Hilton Worldwide.

53. 100-Year-Old Question - Wednesday, September 20, 2017

The Memphis Brooks Museum of Art was already more than 10 years old when Sears, Roebuck & Co. opened its nearby Crosstown store in 1927 and the rest of the neighborhood began to fill in, so it was shock for many Memphians to hear about the possibility of the iconic institution leaving the only home it’s ever known.

54. 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.

55. 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.

56. HealthChoice Promotes Henning To Director of Population Health - Wednesday, August 2, 2017

Sarah Henning has been promoted to director of population health programs at HealthChoice. Henning previously served as manager of the department. In her new role, Henning is responsible for designing, implementing and managing population health and wellness initiatives and programs for the HealthChoice network.
She also collaborates with stakeholders to promote and support these programs and to ensure they meet the needs of the affected populations and adapt with the changing health care environment.

57. Fully Loaded - Saturday, July 29, 2017

It’s almost like the first half of 2017 was a decade in the making, at least when it comes to commercial real estate. Throughout all four major sectors of the Memphis-area commercial real estate market – industrial, office, retail and multifamily – figures are consistently reaching or exceeding pre-recession marks.

58. Atlanta Retail Investor Makes $29M Purchase - Thursday, July 20, 2017

In this week’s Real Estate Recap, an 18-acre shopping center in the heart of Bartlett sells for $28.8 million, Ulta Beauty prepares to build out its space in Poplar Commons, and Dave & Buster’s continues work on its first Memphis location...

59. Workplace Law Firm Signs Downtown Memphis Lease - Wednesday, July 19, 2017

Constangy, Brooks, Smith & Prophete LLP, an Atlanta-based workplace law firm, has signed a 3,000-square-foot lease in the Peabody Place Office Tower in Downtown Memphis.

60. Bartlett Shopping Center Sells for Nearly $30M - Wednesday, July 19, 2017

An Atlanta-based real estate investment firm has made its first purchase in the Memphis market with the acquisition of a 198,103-square-foot shopping center in the heart of Bartlett.

The Bartlett Towne Centre, located at 6005 Stage Road, was acquired by Branch Properties LLC from Houston-based real estate investment trust Weingarten Realty for $28.8 million.

61. Memphis, Other Secondary Markets Poised for Industrial Growth - Monday, July 10, 2017

When it comes to logistics, the primary distribution center markets like Atlanta, Chicago and Los Angeles have led the way in terms of warehouse development. But as more companies look to tighten their supply chain, secondary markets – including Memphis; Louisville, Kentucky; and Cleveland, Ohio – have found themselves in a better position to absorb growth.

62. Ole Miss Buys Baptist Hospital in $22 Million Deal - Thursday, June 22, 2017

2301 S. Lamar Blvd.
Oxford, MS 38655

Sale Amount: $22 million

Sale Date: June 15, 2017

63. Sephora Hiring 400 for New Olive Branch Warehouse - Wednesday, June 21, 2017

Beauty retailer Sephora announced it will be looking to hire 400 workers at its distribution center in Olive Branch that is scheduled to open later this month, according to The Associated Press.

The subsidiary of French luxury goods house LVMH signed a lease for its 720,000-square-foot facility in the second quarter of 2016, according to real estate brokerage firm Cushman & Wakefield/Commercial Advisors’ Q2 2016 Industrial Snapshot. 

64. Commercial Appeal Will Seek New Office In Memphis With Digital Capabilities - Wednesday, June 21, 2017

The Commercial Appeal announced Monday, June 19, that it will be putting its iconic 495 Union Ave. property on the market and will begin the search for a new location.

65. Commercial Appeal to Sell Union Ave. Location, Search for New Office - Tuesday, June 20, 2017

The Commercial Appeal, announced Monday, June 19, that it will be putting its iconic 495 Union Ave. property on the market and will begin the search for a new location.

66. Commercial Appeal Plans to Move, To Sell Union Property - Monday, June 19, 2017

The Commercial Appeal building and site at 495 Union Avenue is for sale, the newspaper announced Monday, June 19, on its website.

67. Wunderlich Securities Moving Downtown - Friday, June 16, 2017

Wunderlich Securities Inc. is preparing to move its corporate headquarters from East Memphis, where the investment firm employs 110 people, to Downtown’s One Commerce Square.

68. Demand for Smaller Industrial Facilities Growing - Wednesday, May 31, 2017

Even though massive deals like Niagara Bottling’s 554,000-square-foot facility and McCormick & Co.’s 615,000-square-foot operation next door in Gateway Global Logistics Center often steal the spotlight, they only paint part of the picture of North Mississippi’s industrial market.

69. Mueller Approved for 10-Year Tax Abatement to Relocate to Collierville - Tuesday, May 23, 2017

The Collierville Board of Mayor and Aldermen approved Mueller Industries’ request for a 10-year tax abatement, paving the way for the company to begin the process of relocating its corporate headquarters to Collierville.

70. Memphis Retail Brokers Preparing for Largest Event of the Year in Vegas - Monday, May 22, 2017

This week more than 37,000 retail real estate professionals from 58 countries will gather in Las Vegas for the International Council of Shopping Centers’ annual RECon convention.

At the event, which will run May 21-24, there will be no shortage of representatives from the Bluff City who run the gamut from brokers, developers and landlords looking to attract the next big restaurant, hotel or store, to Memphis-based companies like AutoZone and FedEx Office looking to grow their global footprint.

71. Germantown Village Square Sells for $27.3 Million - Thursday, April 27, 2017

7694 Poplar Ave.
Germantown, TN 38138

Sale Amount: $27.3 million

Sale Date: April 24, 2017 

Buyer: PEBB Enterprises

72. Germantown Village Square Sells for $29.3 Million - Wednesday, April 26, 2017

A Boyle Investment Co. real estate investment fund has sold Germantown Village Square to PEBB Enterprises, a private equity firm based in Boca Raton, Florida, for $29.3 million.

73. Panattoni Moving Forward With Phase Two of Industrial Park - Wednesday, April 26, 2017

Since it first broke ground in 2014, Panattoni Development Co.’s Gateway Global Logistics Center has delivered 4.4 million square feet of industrial facilities, $276 million in investment and almost 700 jobs to a formerly vacuous tract of land spanning the Tennessee-Mississippi border.

74. Boyle Investment Fund Sells Germantown Village Square for $29.3M - Tuesday, April 25, 2017

A Boyle Investment Co. real estate investment fund has sold Germantown Village Square to PEBB Enterprises, a private equity firm based in Boca Raton, Florida, for $29.3 million.

75. East Memphis Office Sells for $17 Million - Thursday, April 20, 2017

6055 Primacy Pkwy.
Memphis, TN 38119

Sale Amount: $17 million 

Sale Date: April 11, 2017

76. Primacy II Office Building Sells for $16.6 Million - Friday, April 14, 2017

Primacy II, a 123,265-square-foot East Memphis office building at 6055 Primacy Parkway, has sold to Nashville-based Priam Capital for $16.6 million.

77. East Memphis Office Sells for $17M - Thursday, April 13, 2017

Primacy II, a 123,265-square-foot East Memphis office building, has a new owner thanks to a huge $17 million deal.

Nashville-based Priam Capital purchased the office building located at 6055 Primacy Parkway near the intersection Ridgway Road and Park Avenue from The Southland Companies for $16.6 million, according to a warranty deed filed with the Shelby County Register of Deeds April 11.

78. Memphis Industrial Market Continues Strength in Q1 - Tuesday, April 11, 2017

The Memphis area industrial real estate market closed the first quarter with positive net absorption, a strong start to 2017 that builds on a nearly four-year streak.

The market closed with 1.3 million square feet of positive net absorption and a total vacancy rate of 8 percent, according to commercial real estate company CBRE’s Q1 2017 Memphis Industrial MarketView report. It is the 15th consecutive quarter the market has closed with positive net absorption.

79. Last Word: Restless Off Season, Memphis Open Closes and Single-Family Rentals - Monday, April 10, 2017

This is proving to be a restless off-season for Tigers basketball and it is not even summer yet. Add freshman guard Keon Clergeot to the Tigers players exiting the program with word still to come from Markel Crawford. Meanwhile, the Tigers have signed their second junior college recruit – Kyvon Davenport -- at forward.

80. Memphis Industrial Market Continues Positive Trend in 2017 - Monday, April 10, 2017

The Memphis area industrial real estate market closed the first quarter with positive net absorption, a strong start to 2017 that builds on a nearly four-year streak.

The market closed with 1.3 million square feet of positive net absorption and a total vacancy rate of 8 percent, according to commercial real estate company CBRE’s Q1 2017 Memphis Industrial MarketView report. It is the 15th consecutive quarter the market has closed with positive net absorption.

81. Portfolio Featuring Highland Row for Sale - Saturday, March 18, 2017

A 13-property portfolio that includes the Highland Row mixed-use development near the University of Memphis has been put on the market for sale or recapitalization by CBRE Group Inc. on behalf of Indianapolis-based Milhaus.

82. Portfolio Featuring Highland Row Development Up for Sale - Tuesday, March 14, 2017

A 13-property portfolio that includes the Highland Row mixed-use development near the University of Memphis has been put on the market for sale or recapitalization by CBRE Group Inc. on behalf of Indianapolis-based Milhaus.

83. CRE Brokers Speculate on Future of Commercial Appeal Headquarters - Wednesday, March 1, 2017

When USA Today Network executive and president of The Tennessean newspaper Laura Hollingsworth came into town the day after The Commercial Appeal announced printing operations will be moving to Jackson, Tennessee, she told the staff that while no immediate plans were in place, selling the daily paper’s iconic building was certainly a possibility down the road.

84. 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. 

85. MAAR Commercial Council Hosting Forecast Summit - Saturday, February 11, 2017

The Memphis Area Association of Realtors’ Commercial Council will host its 15th annual Commercial Property Forecast Summit on Thursday, Feb. 16, at the Halloran Centre for the Performing Arts & Education, 225 S. Main St.

86. MAAR’s Commercial Council Hosts Property Forecast Summit - Friday, February 10, 2017

The Memphis Area Association of Realtors’ Commercial Council will host its 15th annual Commercial Property Forecast Summit on Thursday, Feb. 16, at the Halloran Centre for the Performing Arts & Education, 225 S. Main St.

87. Last Word: State of the State React, Reverse Logistics and Speed Limiters - Tuesday, January 31, 2017

As the work week began, U.S. Rep. Steve Cohen of Memphis joining House Democrats in sponsoring a bill that would bar the use of any federal funds to carry out President Trump’s order barring refugees from seven majority Muslim countries.

88. E-Commerce Return Shipments Spur Growth in Reverse Logistics Sector - Saturday, January 28, 2017

After the dust settled from the busiest time of the year for return shipments, commercial real estate services and investment firm CBRE Group Inc. released a report that outlined the methods retailers use to handle returned merchandise from e-commerce sales.

89. Short-Term Leases Help Retail Industry Navigate Busy Shopping Season - Thursday, December 1, 2016

With the holiday shopping season already in full swing, some companies in need of additional space to help alleviate their seasonal storage requirements are finding willing landlords as partners.

Because holiday retail sales are expected to significantly rise above the 10-year average and increase 3.6 percent to $655.8 billion nationally, according to the National Retail Federation, it’s no surprise local companies are looking to work out year-end deals with landlords trying to fill leftover space.

90. 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

91. Experts: Memphis Competitive on Commercial Real Estate Front - Saturday, November 5, 2016

Incentives are an indispensable tool for attracting major corporate tenants to Memphis. Memphis industrial real estate activity is hot, there’s something of a war for office sector talent and there’s been good absorption of multifamily space in Memphis this year.

92. Local Real Estate Sectors Show Positive Absorption - Saturday, November 5, 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.

93. Memphis Real Estate Sectors All Show Positive Absorption - Friday, November 4, 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.

94. Commercial Real Estate Market On Strong Run - Wednesday, November 2, 2016

When it comes to commercial real estate, Memphis is on a tear at the moment.

That’s according to Andy Cates, president and CEO of brokerage services for Colliers International in Memphis. Looking back on 2016, he’s ebullient about the abundant new construction that has characterized the year, as well as the large amount of capacity still in place and the promise of what’s to come in 2017.

95. Last Word: Election Impact, Fun with Election Cross Tabs and DeSoto vs. Marshall - Tuesday, November 1, 2016

Now, about the idea being discussed starting late last week that when the Feds are looking at someone running for office or holding office they have to take into consideration how close the next election is for that person.

96. Local Multifamily Market Continues To Log Higher Sales, Strong Demand - Saturday, October 29, 2016

Multifamily real estate sales have been strong in Memphis for a couple of years, and the 41 transactions posted in the third quarter mark the most recorded in a quarter in two years.

“The multifamily market continues to be very strong and has been the strongest real estate sector for the past several years,” said Mark Fogelman, president of Memphis-based Fogelman Management Group, a national multifamily property management company.

97. 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.

98. Spate of Big Deals Among CRE Trends In 2016 - Friday, October 28, 2016

Ask CBRE senior associate Gray Fiser to sum up the commercial real estate market in Memphis over the course of 2016, and he’s ready with a few quick bullet points by way of reply.

Fast forward, say, five years from now, he explains, and these are the things likely still being talked about:

99. Trustmark Centre Building Sells for $14.5 Million - Saturday, October 22, 2016

An office building at 5350 Poplar Ave. in the prime East Memphis office submarket has been sold.

The Trustmark Centre building, located between Valleybrook and West Suggs Drive, was purchased by Tennessee and New York investment companies doing business as 5350 Poplar Office Center LLC for $14.47 million.

100. Open and Shut - Saturday, September 24, 2016

The office of the future hacks down cubicle walls in favor of modular furniture that encourages collaboration. As many business sectors, from banking to legal services, move to a tech-first approach, companies are turning away from traditional office configurations to attract the next generation of talent.