» Subscribe Today!
More of what you want to know.
The Daily News
X

Forgot your password?
Skip Navigation LinksHome >
VOL. 128 | NO. 156 | Monday, August 12, 2013

100 N. Main Sells for $5 Million

By Amos Maki

Print | Front Page | Email this story | Email reporter | Comments ()

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.

Sign-Up For Our Free Email Edition
Get the news first with our daily email


 
Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 96 201 14,244
MORTGAGES 110 219 16,523
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 147 315 29,476
BANKRUPTCIES 54 117 9,440
BUSINESS LICENSES 22 44 4,647
UTILITY CONNECTIONS 47 101 10,336
MARRIAGE LICENSES 21 55 3,407

Weekly Edition

Issues | About

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