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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 56 308 6,247
MORTGAGES 58 345 7,437
FORECLOSURE NOTICES 8 45 1,160
BUILDING PERMITS 244 800 13,391
BANKRUPTCIES 49 202 4,549
BUSINESS LICENSES 34 120 2,482
UTILITY CONNECTIONS 0 110 2,650
MARRIAGE LICENSES 20 85 1,320

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