Search
 

What's Really Going on With Memphis CRE?

MEMPHIS—Much can be said about the strength of Memphis' commercial real estate market—and now Xceligent is saying it. Get the latest metrics on Memphis.

By Jennifer LeClaire | Updated on June 04, 2014

MEMPHIS—Much can be said about the strength of Memphis’ commercial real estate market—and now Xceligent is saying it. In its first quarter Market Trends reports, the firm is looking at industrial, office, and retail trends in Memphis.

The Memphis office market had a great start to 2014, posting over 60,000 square feet of positive absorption, which dropped the overall vacancy rate below 21%. Meanwhile, the new owners of 100 North Main announced plans for the building’s new redevelopment project, turning the 400,000-square foot building into a hotel and residential use.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.