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VOL. 128 | NO. 156 | Monday, August 12, 2013

100 N. Main Sells for $5 Million

By Amos Maki

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100 N. Main building

The towering skyscraper at 100 N. Main St., the tallest building in Memphis, has been sold.

The Zimmerman Revocable Trust sold the building Friday, Aug. 9, to One Hundred North Main LLC, a Nevada-based limited liability company, for $5 million.

Myron Zimmerman acquired the 38-story office building, which was built in 1965, from Sidney Kohl in 1978 for $10 million.

The 430-foot-tall building, which has a large parking garage, sits on one acre at Main Street and Adams Avenue. The Shelby County Assessor of Property’s 2013 appraisal is $3.7 million.

The former Union Planters Bank building has been a popular spot for legal offices because of its proximity to the courts and has a number of long-term tenants.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 61 163 906
MORTGAGES 88 212 1,138
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 180 180 1,693
BANKRUPTCIES 50 150 654
BUSINESS LICENSES 33 58 274
UTILITY CONNECTIONS 56 169 665
MARRIAGE LICENSES 14 32 167

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