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New shell and core permit filed for One Beale development Downtown
News 5 months ago
New shell and core permit filed for One Beale development Downtown

As this year nears its end, the massive Downtown development One Beale looks to a new one. On Dec. 23, The Landing Residences - the phase one...

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Here's how Kroger ranks among best grocery stores in every state
News 5 months ago
Here's how Kroger ranks among best grocery stores in every state

Kroger Co.'s stores rank as the best grocery stores in 13 states, according to a recent study. Data compiled by website 24/7 Tempo showed Kroger...

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Who Owns Memphis: Tutor Properties buys 680 Oakleaf Office Lane for $725,000.
News 5 months ago
Who Owns Memphis: Tutor Properties buys 680 Oakleaf Office Lane for $725,000.

"Do you know where the Spottswood Target is? Near Hilton's corporate offices? There's a small street over there called Oakleaf Office Lane." That's...

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Toronto-based Granite Real Estate Investment Trust has multiple DeSoto County facilities, including two it bought for $87.9 million.
News 5 months ago
Toronto-based Granite Real Estate Investment Trust has multiple DeSoto County facilities, including two it bought for $87.9 million.

Toronto-based Granite Real Estate Investment Trust (REIT) wrapped up the year with a big warehouse buy in DeSoto County. Including a deal in August...

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Massachusetts logistics company acquires 900,000 sq. ft. Memphis facility
News 5 months ago
Massachusetts logistics company acquires 900,000 sq. ft. Memphis facility

A Massachusetts-based terminals and logistics infrastructure company is expanding its Memphis operations. Enstructure LLC recently announced the...

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Inside the compensation for new Hibbett Sports CEO and Memphian, Michael Longo.
News 5 months ago
Inside the compensation for new Hibbett Sports CEO and Memphian, Michael Longo.

The appointment to CEO of Hibbett Sports doesn't just mean a new title for Memphian Michael Longo, it means a sizable payday. Formerly the...

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Highwoods Properties sells International Place IV, Atrium I and II in Memphis, plans to leave market.
News 5 months ago
Highwoods Properties sells International Place IV, Atrium I and II in Memphis, plans to leave market.

Nearly $90 million worth of property in Memphis was unloaded by Highwoods as the company begins its exit from the market. Raleigh, North Carolina...

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Pickering Firm signs lease at East Memphis' Centrum building at 6363 Poplar Ave. for headquarters
News 5 months ago
Pickering Firm signs lease at East Memphis' Centrum building at 6363 Poplar Ave. for headquarters

After 16 years in Lenox Park, the Pickering Firm Inc. is moving its headquarters to 6363 Poplar Ave. Pickering is the fourth-largest engineering...

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New Hibbett Sports CEO — Memphian Michael Longo — discusses plans, priorities, e-commerce
News 5 months ago
New Hibbett Sports CEO — Memphian Michael Longo — discusses plans, priorities, e-commerce

The new CEO of Birmingham-based Hibbett Sports Inc. said he plans to build on some of the strategies recently put in place at the retailer -...

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Who Owns Memphis: Atlantic Track & Turnout buys on Bodley Avenue in South Memphis.
News 5 months ago
Who Owns Memphis: Atlantic Track & Turnout buys on Bodley Avenue in South Memphis.

Delta adds first new nonstop route from MEM since it dehubbed in 2013 FedEx CFO: 'We are here at the bottom, but we can see a way out' B. S. Tuyu...

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Dexter Hospitality filed a WARN notice with the Tennessee Department of Labor and Workforce Development
News 5 months ago
Dexter Hospitality filed a WARN notice with the Tennessee Department of Labor and Workforce Development

A marketing agency will cease operations at its Memphis' office at the end of 2020, according to a notice filed with the State of Tennessee. Dexter...

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Cover story: PR icon Harold Burson of Burson-Marsteller, BCW Memphis office.
News 5 months ago
Cover story: PR icon Harold Burson of Burson-Marsteller, BCW Memphis office.

Memphis native Harold Burson in his office in 1978, with some of the many PRSA Silver Anvil Awards he won as cofounder of the Burson-Marsteller...

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Tom Intrator buys more Downtown, sells in southeast Memphis
News 5 months ago
Tom Intrator buys more Downtown, sells in southeast Memphis

Since unveiling massive development plans for the Pinch District and South Main Street last month, Tom Intrator and his partners have closed...

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Memphis public company enters asset purchase agreement, Dean Jernigan to retire
News 5 months ago
Memphis public company enters asset purchase agreement, Dean Jernigan to retire

As the company that carries his name enters into a transformational chapter, Dean Jernigan is set to retire. Memphis-based Jernigan Capital Inc. ...

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Memphis Real Estate Diversity Initiative: Urban Land Institute, City of Memphis, and Shelby County work to diversify developers.
News 5 months ago
Memphis Real Estate Diversity Initiative: Urban Land Institute, City of Memphis, and Shelby County work to diversify developers.

Development has long been an old boys' club type of industry. Generally, in Memphis and elsewhere, it is white men with means who decide what gets...

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Courier giant FedEx explored potential Paine Field facility near Seattle.
News 5 months ago
Courier giant FedEx explored potential Paine Field facility near Seattle.

Air cargo carrier FedEx Corp. has shown interest in leasing airport property at Paine Field outside of Seattle, public records show. The Memphis...

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Arthur Malkin buys Memphis College of Art dorms, plans to rent four-bedroom layouts to young adults
News 5 months ago
Arthur Malkin buys Memphis College of Art dorms, plans to rent four-bedroom layouts to young adults

The former Memphis College of Art dorms at 139 and 149 N. Barksdale St. are set to become some of the most unique apartments in Memphis. A group of...

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Clipper plans on hold but Richard Smith says multiple FedEx units will need Downtown space
News 5 months ago
Clipper plans on hold but Richard Smith says multiple FedEx units will need Downtown space

In August, FedEx Logistics was drawing close to leasing space in the proposed Clipper office building. "Hopefully, we will finalize [the lease] in...

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Amazon distribution facility in Raleigh, Memphis, pulls $124 million building permit.
News 5 months ago
Amazon distribution facility in Raleigh, Memphis, pulls $124 million building permit.

A rather massive building permit has been pulled for Amazon.com's sort facility in Raleigh. The permit, valued at $124 million, is for the e...

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Makowsky Ringel Greenberg apartments near Overton Park move forward; retail remodel for Sally Beauty
News 5 months ago
Makowsky Ringel Greenberg apartments near Overton Park move forward; retail remodel for Sally Beauty

Makowsky Ringel Greenberg recently finalized a loan for its Overton Park-adjacent apartment project. The development is set to include 176...

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Mayor John Cooper says Nashville is ‘in receivership’ with State of Tennessee, office later backtracks
News 5 months ago
Mayor John Cooper says Nashville is ‘in receivership’ with State of Tennessee, office later backtracks

At a breakfast event Tuesday, Mayor John Cooper said multiple times that Nashville is in receivership - which would mean the state had taken over...

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Orgels' Snuff District redevelopment in Uptown lands large tax break, will ask for more public help
News 5 months ago
Orgels' Snuff District redevelopment in Uptown lands large tax break, will ask for more public help

A Downtown Memphis Commission board approved PILOTs on Tuesday for a $12 million Midtown development, a $3.6 million Edge District project, and One...

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Cooper Young shop to celebrate milestone with holiday open house
News 5 months ago
Cooper Young shop to celebrate milestone with holiday open house

This is a love story. Love of the neighborhood. Love of good design. In 2013, Jenean Morrison's family bought a building at 889 Cooper St. Morrison...

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Market Share: Penny Hardaway on economic development; Cordova hotel near Ikea
News 5 months ago
Market Share: Penny Hardaway on economic development; Cordova hotel near Ikea

Optima Partnership recently purchased 6.5 acres from Ikea, just south of the retailer's Cordova store. Ikea sold it to Optima for $1.6 million,...

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Silver Tree Residential plans HQ move to 795 Ridge Lake Blvd. Embassy Properties building in East Memphis
News 5 months ago
Silver Tree Residential plans HQ move to 795 Ridge Lake Blvd. Embassy Properties building in East Memphis

Memphis-based affordable senior living firm Silver Tree Residential just bought 795 Ridge Lake Blvd. for $6.1 million, which is about $110 per...

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Why Tom Intrator is building 20-story buildings in the Pinch District and why it may work
News 5 months ago
Why Tom Intrator is building 20-story buildings in the Pinch District and why it may work

The Carlisle family tried for years to develop skyscrapers at the corner of Beale Street and Riverside Drive. They could never get the numbers to...

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Chestnut Funds wants to buy Memphis Cycle & Supply Co. building from PGK Properties in Edge District.
News 5 months ago
Chestnut Funds wants to buy Memphis Cycle & Supply Co. building from PGK Properties in Edge District.

The redeveloper of the old Wonder Bread factory is trying to sell the nearby Memphis Cycle & Supply Co. building to a Chattanooga-based developer....

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Amin Zaki wants to convert office building at 1750 Madison Ave. into apartments and retail.
News 5 months ago
Amin Zaki wants to convert office building at 1750 Madison Ave. into apartments and retail.

The prominent marble office building at 1750 Madison Ave. could soon be converted into apartments above ground-floor retail. Amin Zaki, who has...

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Tom Intrator recruits top-end brands, Dream Hotel Group, YogaSix.
News 5 months ago
Tom Intrator recruits top-end brands, Dream Hotel Group, YogaSix.

In recent weeks, Tom Intrator's 18 Main LLC has dominated local news coverage - with $1.1 billion Pinch District plans and $95 million of...

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Bad Timing, a vintage T-shirt store in Crosstown, opens up from Nate Packard and Nick Riley.
News 5 months ago
Bad Timing, a vintage T-shirt store in Crosstown, opens up from Nate Packard and Nick Riley.

When Nate Packard was studying at the University of Memphis, he got in the habit of hitting the area thrift stores. He was looking for nicer items...

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