News

Top’s Bar-B-Q has big plans. The Memphis barbecue chain is selling a portfolio of 11 properties in order to free up cash to grow the brand. “This is a sale leaseback,” said Brown Gill of Gill Properties. Gill represents the … Continued

By Tom Bailey On the west end of Silo Square in Southaven on Thursday, construction crews worked on the foundations for the first single-family houses. On the east end near the entrance on Getwell Road, crews focused on finishing the … Continued

By JACK WEATHERLY The Blackburn Group has announced the completion of the Terrace at Oxford Commons, with 100 percent of the 16,000-square-foot retail center preleased. The Oxford Commons is a projected mixed-use traditional neighborhood of 1,500 to 1,600 residences – free-standing, condominiums, townhouses and apartments … Continued

New office buildings are like the raw material necessary for bringing in more high-wage jobs. But the TraVure development in Germantown is likely to be one of the last big offices going up until the COVID-19 era passes Ever since … Continued

The Blackburn Group announced recently that 100 percent of its new retail center in Oxford Commons is leased and residents should expect businesses to open this summer.   The Terrace at Oxford Commons, a 16,000 square foot neighborhood retail center … Continued

Something else is going viral because of the pandemic: New language in commercial real estate leases that acknowledges the potential effect of occurrences like COVID-19 on the contract between a landlord and tenant. It’s basically putting in writing something that … Continued

Gill Properties is one of 49,000 real estate companies that had been approved for the Paycheck Protection Program (PPP), as of April 13. While principal Brown Gill said the company is doing fine so far, he said the subsidy will … Continued

Many commercial landlords in Memphis have been telling this to their small-business tenants struggling during the pandemic: Pay neither rent nor triple net (tax, insurance and common-area maintenance expenses) for the next month or so, but gradually repay that amount … Continued

With a number of large commercial spaces sitting open along the busy U.S. 64/Stage Road corridor in Bartlett and the Wolfchase area, and new commercial development underway at the southwest corner of Stage and Germantown Road, the race is on … Continued

Just minutes after news hit Thursday morning that a record 3.3 million workers applied last week for unemployment benefits, building officials emailed the daily batch of Shelby building permits. Unemployment crisis: State jobless numbers jump, 4,355 claims in greater Memphis … Continued