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VOL. 129 | NO. 167 | Wednesday, August 27, 2014

New Office Building Park in Works

By Amos Maki

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A Memphis contractor is planning a new office building park in the city, according to a news report.

Memphis-based construction contractor Dan Walker Associates Inc. plans to develop up to 240,000 square feet in seven buildings on nearly eight acres at 3923 Forest Hill Irene Road, according to the report in the Memphis Business Journal.

Dan Walker Associates will start work on its own 10,500-square-foot, $1.2 million headquarters within two months, according to the report. The company will relocate to the building in early spring from its current location at 5350 Poplar Ave.

Dan Walker Associates bought the property, which is between Winchester Road and Tennessee 385, from Clark Metcalf for $350,000 and had it rezoned to commercial.

The Dan Walker Associates office complex would be the first new speculative office space in Memphis since Highwoods Properties opened the doors of the Triad Centre III building in East Memphis four years ago.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 75 478 6,463
MORTGAGES 105 658 8,142
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 147 914 14,637
BANKRUPTCIES 61 307 5,449
BUSINESS LICENSES 27 133 2,407
UTILITY CONNECTIONS 97 523 7,785
MARRIAGE LICENSES 27 131 1,663

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