The three Memphis buildings were among 26 historic properties statewide chosen for the program, which aims to encourage investment in abandoned historic buildings. 

With the eventual removal of two rundown motels on the Lakeland landscape, the suburb wants more control over the design of commercial lodging in the future.

Hosted by the Memphis Area Association of Realtors Commercial Council, more than 160 people attended the event at the FedEx Event Center at Shelby Farms to recognize the top commercial real-estate professionals of 2023.

Grahamwood Crossing is 100% leased for the first time since opening. Plus, Archer’s Auto Care building on Mendenhall Road was sold. 

Shoot 360 Memphis will move to the 50,000-square-foot facility that previously housed Memphis Cheer and Reform Sports Training.

The U.S. Steel Building on Riverside Drive will be converted into a Hamilton Self Storage facility, including 400 climate-controlled self-storage units with a 100-space parking garage underneath. 

Mary’s B.O.T.E. and Duck Donuts at Almadale Crossing boost occupancy rates. 

The proposed Whataburger would include a drive-thru and outdoor patio, but the original, 2022 plan for the site said no drive-thru restaurants would be allowed there without approval from the Land Use Control Board and Memphis City Council. 

Presley was on hand for the announcement regarding the former Hard Rock Cafe site, which will house the Rock ‘n’ Soul Museum and Memphis Music Hall of Fame.

The Board of Adjustment approved a $220 million upgrade to a Wesson Oil facility and Memphis University School’s construction on an arts and sciences building and indoor sports facility. 

The Urology Group is working on its space along Wolf River Boulevard, while Poplar Towers gets a new tenant. Plus, a church is opening an event center.

The former Commercial Appeal facility was recently split into two entities: an office building and a warehouse.

Year-to-date home sales hit 2,344, up 18% from the same period a year ago. However, sales were down from last month.

The project, which received key approvals in 2019, ran into the buzzsaw of the pandemic, and then the developer blamed higher interest rates after the pandemic for delays. 

Uncle Lou’s Fried Chicken, Major Pieces Boutique and Glamour Grooming & Boarding received loans to help with hiring employees, renovating facades and other upgrades.

Plus, a Spa is moving into the Thornwood Development, and Grivet Outdoors secured a distribution center.

After receiving approval to use a Marriott brand, 100 N. Main developers are seeking the premium Autograph Collection for its $282 million redevelopment. 

Baby Grand moves into the Commonwealth Building; two tenants lease space in Elvis Presley Boulevard Shopping Center; and East Memphis Urgent Medical Clinic moves to Cordova.

One Memphis Place, a 15-story glass tower in the heart of Downtown, reaches a record occupancy rate thanks to recent renovations and listening to tenants’ concerns.

Tzoncalli Salon de Belleza expands into adjacent suite, 4.7 acres of vacant land sold in Collierville, Wastebox leases Mount Moriah Road warehouse and Century Express Carwash is coming to East Shelby Drive.

“We’re just continuing to grow,” said Paige Walkup, Caissa Public Strategies’ president, co-founder. “Our staff has exponentially grown over the last 18 months, and we anticipate probably adding another 20 employees within the next 10-12 months.” 

The 34-story tower in the heart of East Memphis has been renovated and brought back to life by local investors Clark Tower Owners LLC. 

BlueCross BlueShield of Tennesee is moving into the Commonwealth building, Fun City Adventure Park is coming to Cross Creek, and three multifamily buildings were bought for $1.28 million by Porch Tree LLC.

A Baptist Urgent Team clinic will open in Germantown in mid-March, The Onin Group is moving to Shelby County and Bernhard MCC will move into Shelby Oaks Industrial Park.

Crosstown Concourse might get an indoor event center on an unused surface parking lot following approval from the Land Use Control Board meeting on March 14.