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The 600-room Sheraton Downtown Memphis at 250 N. Main St. was listed for sale about three weeks ago, according to Wayne Tabor, president of the Metropolitan Memphis Hotel & Lodging Association.
Electrolux Group announced the sale of the Memphis property on Dec. 22. The facility, which closed in June 2022, sold for $35 million. The facility, which closed in June 2022, sold for $35 million.
Due to limited demand for commercial office space in downtown Memphis, much office space began to decline in value. In January 2012, only 30% of the building was occupied. [2] In February 2014, the building's new owners revealed plans to convert the building into apartments and a hotel at a cost of almost $100 million. Construction began in ...
The developer plans to turn Underground Atlanta into a mixed-use development with more retail options and above ground apartments, with total investments of $150–$200 million. [29] [30] The sale was completed in March 2017, [31] and the lower level closed to the public on August 13, 2017. [32]
The house was sold for a price of $309,750 on August 24, 2011, to an individual by the name of Gholam Bakhtiari at an auction held by the real estate firm Williams & Williams. [ 7 ] Vacant since 2001, the house was sold in 2020 to Inman Park Properties before being sold again to UC Asset, an Atlanta-based real estate investment firm, in 2021.
This week's Mane Street Memphis provides updates on two notable groundbreakings, two retail openings and significant updates at Lehman-Roberts. Mane Street Memphis: Memphis Stone & Gravel sold ...
The 1946/1948 Store for Homes addition, to the southeast of the 1924 building across Forsyth Street, was one of Atlanta's earliest examples of International Style architecture. [ 7 ] In 1929, the company was reorganized and the retail portion of the business became simply Rich's , while a new, separate venture named M. Rich & Bros. Co. would ...
Southland Mall is a regional shopping mall in the Whitehaven neighborhood of South Memphis, Tennessee. It was built in 1966, becoming the first enclosed mall in the Mid-South. It is managed and owned by Namdar Realty Group. There are over 60 stores. There are two vacant anchors last occupied by Macy's and Sears.
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