Memphis *DO NOT USE*
South Main building to be redeveloped into affordable community; Joint venture buys Cordova multifamily for $21.9 million
By Amalia Otet, Associate Editor
Minneapolis-based Artspace, a national nonprofit group thatworks to create, foster and preserve affordable live/work space for artists and arts organizations in cities across the country, has chosen Memphis for its latest project. The organization plans to buy and redevelop an old South Main building owned by Phil Woodard, a downtown developer. […]
LNR Property Buys Memphis Multifamily for $17.1M; IberiaBank Opens New HQ on Poplar Ave.
By Amalia Otet, Associate Editor
An entity affiliated with LNR Property LLC, a market leader in commercial property development headquartered in Miami Beach, Fla., recently acquired an Oakwood temporary housing apartment complex, a 252-unit community located at 7455 Wolf River Blvd. […]
Mid-South Community College to Name $9M Renewable Energy Center after Congressman Marion Berry; Serenity Towers at Midtown Memphis to Get Makeover
By Amalia Otet, Associate Editor
Mid-South Community College recently announced it will name its newest facility in honor of retired Congressman Marion Berry, as an acknowledgment of his efforts to direct more than $55 million to Eastern Arkansas for educational and […]
Downtown Historic Building Redeveloped into Mixed-Use Community
By Amalia Otet, Associate Editor
Henry Turley Co. is preparing to deliver a new mixed-use complex, the latest addition to its 214-unit portfolio known as the Downtown Memphis Flats.
Downtown Memphis Flats consists of five unique properties, all situated on or near […]
Elvis Presley Boulevard Could Benefit From $50M Revitalization Project
By Amalia Otet, Associate Editor
Southland Park Gaming & Racing in West Memphis, Ark. has announced it will kick off a $10 million renovation project in December, as part of a plan to expand its gaming and hospitality facilities.
Southland Park Gaming […]
Education Realty Trust to Break Ground on Student Housing Adjacent to CU-Boulder
By Amalia Otet, Associate Editor
Education Realty Trust Inc., one of America’s largest owners, developers and managers of collegiate housing, announced the closing of three deals including two acquisitions and one collegiate housing development, according to the Memphis Business Journal. EDR […]
National Cotton Council of America to be Redeveloped into Apartments
By Amalia Otet, Associate Editor
The National Cotton Council of America headquarters on North Parkway is one step closer to being redeveloped into a multi-housing community. Standard Builders Inc., a Memphis-based company dealing with commercial and industrial construction, has filed a […]
The Preserve at Southwind Sold for $22.2M; FAA/Memphis International Airport Complete $72M High-Tech Tower
By Amalia Otet, Associate Editor
Memphis-based Fogelman Venture Partners has teamed up with DRA Advisors LLC, a New York company holding over $9 billion in assets under management, to purchase the Preserve at Southwind for $22.2 million.
The 306-unit residential community is […]
Loeb Properties Reveals New Redevelopment Plans for Overton Square
By Amalia Otet, Associate Editor
Loeb Properties, a Memphis-based commercial real estate firm, recently revealed new plans for the revitalization of Overton Square, designed to transform a once-vibrant area into a theater, art and entertainment district.
Overton Square is an area of […]
Education Realty Trust and NewSouth Capital Management to Occupy Ridgeway Center
By Amalia Otet, Associate Editor
Boyle Investment Co. has recently closed on two new long-term office leases that will bring Ridgeway Center’s occupancy to 95 percent. Education Realty Trust and NewSouth Capital Management are to join other notable tenants of the […]