Memphis *DO NOT USE*
Defunct Mall to Get Corporate Makeover in Memphis
ServiceMaster will convert the defunct Peabody Place retail center into its corporate headquarters.
Heartbreak Hotel Gets Classy Neighbor in Memphis, Reservations Open
The Guest House, already taking reservations for October 2016-February 2017, is the most important development within the Graceland area since the major tourist attraction opened to the public in June 1982.
CBRE Makes a Move in Memphis
CBRE | Memphis has assimilated into the CBRE family, becoming one with the global firm.
IKEA Memphis Store One Step Closer to Reality
One of the world’s leading furnishings retailers is coming to Tennessee.
Conor Takes a Trip to Memphis And Guess Where It Checks In
Real estate investment company Conor Acquisitions recently purchased the 96-key Courtyard by Marriott East Lenox Park.
French Quarter Inn Redevelopment to Go Under Review
In December 2013, NCE Realty and Capital Group L.L.C. acquired the long-vacant French Quarter Inn in Mid Town Memphis for $1.9 million. The development group initially planned to restore the hotel to its former glory; however, due to its decrepit state, finally decided against it.
Historic Chisca Hotel Nears Grand Opening as Apartments
A little over two years ago, Main Street Apartment Partners L.L.C. and Carlisle Corp. announced that they will be repositioning the century-old Chisca Hotel in Memphis as a multifamily project.
CCRFC to Decide on Tennessee Brewery’s Future Tomorrow
The 12th of May will be an important day for the developers behind the Tennessee Brewery—William Orgel, Jay Lindy and Adam Slovis. The Downtown Memphis Commission (DMC) will decide tomorrow on whether to grant the three developers a 20-year PILOT for the redevelopment of the historic brewery located at 495 Tennessee St. & 11 E. Butler Ave.
Pinnacle Financial Announces Acquisition of Memphis-Based Magna Bank
Pinnacle Financial Partners, Inc. recently announced that it has entered a definitive agreement to acquire Memphis-based Magna Bank. The proposed merger, which has been approved by each company’s Board of Directors, is expected to close sometime in Q4 2015.
USAA Real Estate Announces 25-Asset Industrial Portfolio Recapitalization
USAA Real Estate Co. announced recently the recapitalization of an industrial portfolio totaling more than 14 million square feet. The portfolio included 25 industrial assets scattered across 11 states as well as two excess land parcels.