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Retail Property Asking Price Index – Sale Trends

Retail Property Asking Price Index – Sale Trends

Jun 16 vs. 3 mo. prior Y-O-Y

State

$119.45 +4.9% +8.4%

Metro

$85.53 +1.8% +1.7%

County

$82.41 +1.1% +3.4%

City

$85.51 +3.9% +7.0%

Current Memphis market trends data indicates an increase of +3.9% in the median asking price per sq ft for Retail Commercial properties compared to the prior 3 months, with an increase of +7.0% compared to last year’s prices. County-wide, asking prices for Retail Commercial properties are 1.1% higher at $82 per sq ft compared to the current median price of $86 per sq ft for Retail Commercial properties in Memphis, TN.

Fast food giant to expand food delivery with UberEats

Fast food giant to expand food delivery with UberEats

 

http://www.bizjournals.com/memphis/news/2017/04/27/fast-food-giant-to-expand-food-delivery-with.html

Kageyama Challenges Citizens to Create ‘Lovable’ City

Kageyama Challenges Citizens to Create ‘Lovable’ City

 

https://www.memphisdailynews.com/news/2017/apr/27/kageyama-challenges-citizens-to-create-loveable-city/

Memphis News Economic Overview: Key Barometers Trending Upward

Memphis News Economic Overview: Key Barometers Trending Upward

 

https://www.memphisdailynews.com/news/2017/apr/28/memphis-economic-data-trends-upward/

Trump tax proposal includes chops, reductions and repeals

Trump tax proposal includes chops, reductions and repeals

 

http://www.bizjournals.com/memphis/news/2017/04/27/trump-tax-proposal-includes-chops-reductions-and.html

Russia-based pizza chain en route to Southaven, Memphis

Russia-based pizza chain en route to Southaven, Memphis

 

http://www.bizjournals.com/memphis/news/2017/04/27/russia-based-pizza-chain-en-route-to-southaven.html

The Seven Expanding Off-Price Chains

The Seven Expanding Off-Price Chains

 

http://www.nreionline.com/retail/eight-expanding-price-retailers

Nonprofit announces $1.2 million investment into 38126

Nonprofit announces $1.2 million investment into 38126

 

http://www.bizjournals.com/memphis/news/2017/04/27/local-nonprofit-announces-1-2-million-investment.html

Germantown Village Square Sells for $29.3 Million

Germantown Village Square Sells for $29.3 Million

 

https://www.memphisdailynews.com/news/2017/apr/27/germantown-village-square-sells-for-293-million/

How Sustainability Helps in Enhancing Property Values

How Sustainability Helps in Enhancing Property Values

 

http://www.nreionline.com/property-management/how-sustainability-helps-enhancing-property-values