Hello Memphis: Exciting Real Estate Developments You Might Have Missed!
Hey there, Memphis! Itโs always buzzing here, and while youโre busy enjoying the sights and sounds of our vibrant city, some significant happenings in the commercial real estate scene may have flown under your radar. Letโs dive into some of the latest news thatโs shaping our cityโs landscape!
A New Player in Town: Discovery Battery
First up, we have some electrifying news! Discovery Battery, a manufacturer specializing in both lithium and lead-acid batteries, has recently locked in a lease for a massive 33,600-square-foot warehouse. This new facility is located in the Memphis Distribution Center Building C at 4105 Hickory Hill Road. Thatโs quite the space!
The deal was brokered by the savvy team at CBRE, with Patrick Walton and Stephanie Allen representing the landlord, while Rives Moore and Jacque Beeson handled arrangements for the tenant. This venture clearly signals exciting times ahead for Memphis businesses and job seekers alike, as the demand for battery manufacturing continues to grow.
Changing Hands: Austin Peay Highway Properties
Now, letโs talk transactions! Three buildings located along Austin Peay Highway have found new owners after being sold for a cool $1.35 million. These properties encompass a combined total of 16,710 square feet. Itโs not just a sale; itโs revitalization for our community and a boost to local commerce.
The sale of these buildings indicates a thriving commercial market here in Memphis, where investors see potential in property development and business growth. Who knows what exciting enterprises could pop up in these spaces in the near future? Possibilities are endless!
Why Local Journalism Matters
Speaking of great news, have you ever thought about the importance of local journalism? When you support local journalism, youโre not just getting informed; youโre contributing to a significant part of our community. With nearly 40 local journalists and more than 20 freelancers working hard to keep you updated, subscriptions and donations make a huge difference. They help fund access programs, providing free resources to schools and community organizations. It really does create a ripple effect, doesnโt it?
Don’t Miss Out!
Curious to stay updated on business news and developments in Memphis? We understand how bustling life can be, and we want you in the know! Signing up for updates is easyโjust enter your email, and before you know it, youโll be receiving the latest happenings right in your inbox. If you donโt see an email in your inbox within 10 minutes, donโt forget to take a quick peek into your spam or junk folder!
Join the Conversation
Are you eager to voice your thoughts on the real estate market or any other local happenings? Weโd love to hear from you! Engaging with your community is just as vital as the news itself. Joining the conversation is simple, but remember, itโs exclusive to subscribers! Read through others’ comments, and donโt hesitate to add your take.
In Conclusion
Memphis, as you stroll through your neighborhoods and frequent your local businesses, keep your eyes peeled for more exciting developments! From ambitious newcomers like Discovery Battery to active real estate transactions on Austin Peay Highway, thereโs always something happening. Keep supporting each other and stay connectedโour city is only getting started!
Author: STAFF HERE MEMPHIS WRITER
The MEMPHIS STAFF WRITER represents the experienced team at HEREMemphis.com, your go-to source for actionable local news and information in Memphis, Shelby County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the areaโwith deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as Beale Street Music Festival, Elvis Week, and Memphis in May International Festival. Our coverage extends to key organizations like the Greater Memphis Chamber and the Memphis Convention & Visitors Bureau, plus leading businesses in logistics, healthcare, and music that power the local economy such as FedEx, St. Jude Children's Research Hospital, and AutoZone. As part of the broader HERE network, including HEREBristol.com, HEREChattanooga.com, HEREKnoxville.com, and HERENashville.com, we provide comprehensive, credible insights into Tennessee's dynamic landscape.
