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Amazon.com Services buys more land from Belz for warehouse in Raleigh.
News 22 hours ago
Amazon.com Services buys more land from Belz for warehouse in Raleigh.

Amazon.com Services LLC just bought more land for its Raleigh project, where it plans to employ more than 1,000 people. Amazon - the fifth-most...

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John Porter's huge Quinn Ridge residential development near Collierville defeated again
News 1 day ago
John Porter's huge Quinn Ridge residential development near Collierville defeated again

Developer John Porter may not have lost at Shelby County Commission Monday night if he had set up a prior meeting with Commissioner David Bradford....

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Local real estate experts discuss
News 5 days ago
Local real estate experts discuss "hipsturbias," empty nesters, and 100 North Main dynamite

Near the end of Thursday's Memphis Area Association of Realtors Commercial Summit the panel moderator asked the local real estate experts in front...

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The Central Station hotel was awarded the Project of the Year designation at the 2020 Building Memphis awards.
News 5 days ago
The Central Station hotel was awarded the Project of the Year designation at the 2020 Building Memphis awards.

It was fitting that a throng of people strolled across the stage to be a part of Central Station Hotel's win in the Memphis Business Journal's...

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Jernigan Capital shareholders approve transaction, giving company more typical corporate organization chart
News 5 days ago
Jernigan Capital shareholders approve transaction, giving company more typical corporate organization chart

In December, Jernigan Capital - a real estate investment trust (REIT) that finances self-storage developments with a goal to eventually own those...

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Guest column by John Paul Shaffer: CDCs can be so much more than affordable housing agencies
News 5 days ago
Guest column by John Paul Shaffer: CDCs can be so much more than affordable housing agencies

To some, community development corporations (CDCs) are all about affordable housing. But, they can be so much more. In a number of Memphis...

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Memphis-Shelby County Airport Authority approves UPS $216 million expansion project with updated lease.
News 6 days ago
Memphis-Shelby County Airport Authority approves UPS $216 million expansion project with updated lease.

The sixth amendment of a longtime UPS lease agreement with the airport will let it expand its Memphis distribution facility to the tune of $216...

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Building Memphis 2020 Best Renovation-Large category: Central Station Hotel, The Commonwealth, Orion Federal Credit Union HQ, and Sedgwick HQ
News 1 week ago
Building Memphis 2020 Best Renovation-Large category: Central Station Hotel, The Commonwealth, Orion Federal Credit Union HQ, and Sedgwick HQ

A 105-year-old transportation hub on South Main Street is now a luxury, eight-story, music-centric and design-driven hotel Downtown. In 2013, Henry...

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Toronto-based Romspen Investment Corp. gave Lakeland's Lake District development a $60 million loan
News 1 week ago
Toronto-based Romspen Investment Corp. gave Lakeland's Lake District development a $60 million loan

Lake District developer Yehuda Netanel now has the cash he needs for the massive suburban development's first phase. Toronto-based Romspen...

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TricorBraun was approved by DeSoto County Board of Supervisors for a 10-year partial property tax abatement
News 1 week ago
TricorBraun was approved by DeSoto County Board of Supervisors for a 10-year partial property tax abatement

A global packaging company just received a $10 million tax break for the relocation of its Memphis operations to Northwest Mississippi. St. Louis...

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Boyle kickstarts office building and apartments at Berry Farms in Franklin
News 1 week ago
Boyle kickstarts office building and apartments at Berry Farms in Franklin

A commercial bank will lease the top floor of an office building that, along with 328 apartments, kickstarts a mixed-use district in the center of...

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Downtown Sheraton owner Schulte shares details, renderings with City Council for upgrades to hotel.
News 1 week ago
Downtown Sheraton owner Schulte shares details, renderings with City Council for upgrades to hotel.

The owners of the Downtown Memphis Sheraton shared additional details about their renovation and development plans with the City Council economic...

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Building Memphis 2020 New Construction-Medium: University of Memphis pedestrian bridge, The Citizen, Forest Hill Elementary School in Germantown, Hilton Garden Inn Downtown.
News 1 week ago
Building Memphis 2020 New Construction-Medium: University of Memphis pedestrian bridge, The Citizen, Forest Hill Elementary School in Germantown, Hilton Garden Inn Downtown.

For decades, trains traveling along Southern Avenue notoriously caused University of Memphis students to be late to class. Thanks to the completion...

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Building Memphis 2020 New Construction-Small: Memphis Jewish Home & Rehab, Cooper Street Apartments, Jim Keras Subaru Hacks Cross, and Methodist Medical Group
News 1 week ago
Building Memphis 2020 New Construction-Small: Memphis Jewish Home & Rehab, Cooper Street Apartments, Jim Keras Subaru Hacks Cross, and Methodist Medical Group

What is now the Memphis Jewish Home & Rehab was founded in 1927 in Midtown. It moved to Cordova in 1992, and today, the skilled nursing care...

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Building Memphis 2020 Renovation-Small: Edge Motor Museum, Arcade Restaurant, Joseph's House/Dorothy Day House, and The Residences at Green Leaf/Knowledge Quest
News 1 week ago
Building Memphis 2020 Renovation-Small: Edge Motor Museum, Arcade Restaurant, Joseph's House/Dorothy Day House, and The Residences at Green Leaf/Knowledge Quest

With the Edge District in the midst of a revival, one of its newest tenants has helped return the area to its automotive roots. Located on Marshall...

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Kensington Manor apartments to receive $17M in improvements from Florida-based Structure Capital
News 1 week ago
Kensington Manor apartments to receive $17M in improvements from Florida-based Structure Capital

An apartment investment firm from Florida is planning to make $17 million worth of improvements to a southeast Memphis apartment complex. It is set...

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Jernigan Capital acquires six developer partners, continues to execute long-term strategy
News 1 week ago
Jernigan Capital acquires six developer partners, continues to execute long-term strategy

When Jernigan Capital finances a self-storage development, it doesn't just plan on being a lender - eventually, it wants to be the owner. Once...

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Alex Holtel, new CFO of the Community Foundation, talks plans for organization, why he chose the bluff city
News 2 weeks ago
Alex Holtel, new CFO of the Community Foundation, talks plans for organization, why he chose the bluff city

Originally, Alex and Kelly Holtel wanted to move to Phoenix. Alex's father lived just outside the city, and he had an offer to work at the Arizona...

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IMO US South sells Mt. Moriah Car Wash USA Express location near Flinn Broadcasting, Knox and Jerry Phillips property.
News 2 weeks ago
IMO US South sells Mt. Moriah Car Wash USA Express location near Flinn Broadcasting, Knox and Jerry Phillips property.

About a year ago, in December 2018, Net Lease Suds LLC bought a local car wash facility from IMO US South LLC. IMO is affiliated with Colorado...

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Wolfchase owner Simon acquires another major mall chain
News 2 weeks ago
Wolfchase owner Simon acquires another major mall chain

Simon Property Group Inc. (NYSE: SPG) will indeed acquire Taubman Centers Inc. in a deal foreshadowed by reports in early February. As the biggest...

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A view from out West: Retail developers look to arcades, bowling, food and more to bring in people
News 2 weeks ago
A view from out West: Retail developers look to arcades, bowling, food and more to bring in people

Customers watch sports and drink beer at the Dave & Busters location at Tempe Marketplace. Bowling alleys, arcades and movie theaters have been...

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Baptist Memorial Health Care Corp. spends $4 million to reacquire an office building and parking garage from the Memphis Bioworks Foundation.
News 2 weeks ago
Baptist Memorial Health Care Corp. spends $4 million to reacquire an office building and parking garage from the Memphis Bioworks Foundation.

Baptist Memorial Health Care Corp. has reacquired a Medical District office building and an adjacent parking garage for $4 million from the Memphis...

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Construction: Permit pulled for Burlington store near Wolfchase
News 2 weeks ago
Construction: Permit pulled for Burlington store near Wolfchase

A building permit was just pulled for 8044 Giacosa Place, near Wolfchase Galleria. The address is the former site of Value City Furniture. The...

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Multiline Furniture to open new store on Summer Avenue.
News 2 weeks ago
Multiline Furniture to open new store on Summer Avenue.

Memphis-based Multiline Furniture, an Ashley furniture retailer, is set to open its third Memphis-area store. Multiline offers discount furniture...

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Gestalt Community Schools' Yetta Lewis on the power of partnerships
News 2 weeks ago
Gestalt Community Schools' Yetta Lewis on the power of partnerships

A gestalt is a whole greater than the sum of its parts. For a community to become a true gestalt, it should aim to integrate all of its parts. For...

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Vince Smith's Poplar Art Lofts tabled by Design Review Board, Snuff District and One Beale approved.
News 2 weeks ago
Vince Smith's Poplar Art Lofts tabled by Design Review Board, Snuff District and One Beale approved.

The primary conflict at Wednesday's Design Review Board meeting was about the differences in the two photos below - both of which depict the Poplar...

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Macy's closing 96 additional stores, cutting 2,000 jobs
News 3 weeks ago
Macy's closing 96 additional stores, cutting 2,000 jobs

Retail giant Macy's Inc. is closing 125 stores and culling 10% of its corporate workforce, representing 2,000 jobs. Following closely on the heels...

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Announcing the contractors, architects, engineers, developers, and designers who will be recognized at the 2020 Building Memphis awards.
News 3 weeks ago
Announcing the contractors, architects, engineers, developers, and designers who will be recognized at the 2020 Building Memphis awards.

It takes a village to raise a building. OK, so that might not technically be how the adage goes. But, without a team of developers, architects,...

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Paris Adult Entertainment Center theater bought by Townsend Development.
News 3 weeks ago
Paris Adult Entertainment Center theater bought by Townsend Development.

The Paris Adult Entertainment Center was recently sold, according to the property's listing agent, Herbert Cochrane of Rasberry CRE. Details are...

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Highwoods sells Greensboro portfolio for $193.4 million in step toward buying Bank of America Tower at Legacy Union in Charlotte.
News 3 weeks ago
Highwoods sells Greensboro portfolio for $193.4 million in step toward buying Bank of America Tower at Legacy Union in Charlotte.

A $193 million portfolio in North Carolina has been sold, and another $40 million sale is in the works. Highwoods Properties (NYSE: HIW) of Raleigh...

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