The Memphis Area Association of Realtors Commercial Council has renamed its annual tournament.

The restaurant will open a month early, while Kura House Asian Cuisine is closing and Downtown’s The Artist Table is looking for a new location. 

The historic venue launches the nearly $2 million artist lounge expansion to give artists “the experience they deserve.”

An anonymous local company bought a highly visible retail property in Cooper-Young with plans for an Asian restaurant in the former Alchemy space.

Also, a beauty-supply store is coming to Bartlett, and an electrical-supply company signed a lease in East Memphis.

The former longtime home of Downtown’s Bluff City Coffee will soon be home to coffee again, but this time, with cocktails, too. 

“Some sellers still want those 2021 and 2022 prices, but it’s not there. The houses that sell under 30 days, they’re priced just right,” the president of the Memphis Area Association of Realtors said.

The property was used as a hospital and stable by Union troops during the Civil War.

Habitat for Humanity recently hit a milestone in Uptown: Two homes it finished building in February had their appraisals match their costs, which isn’t a given when talking about affordable housing in Memphis.

HighTee is leaning into high tea, and Raymah Café opens in a long-vacant former Applebee’s.

Former restaurant and retail spots along Bartlett’s main corridors stand empty.

A newly formed company has taken over a Downtown tech-hub project that would combine computing infrastructure, office and residential space on one campus.

Also, the Carolina Watershed property has a new owner, and a Bartlett retail building sells for $1.4 million.

“We’re trying to combat loneliness,” said the operator of Second Helpings Cafe. 

After beloved, though gruff, businessman Jerry Gibson was murdered in his record store, his family sealed the place shut, leaving his hundreds of thousands of collectibles untouched for 10 years. Until now.

Giddy up, Memphis. The Stallion, which blends the hotel and Airbnb experience, will open in a former apartment complex in Downtown Memphis. 

Local rap legends Yo Gotti and 8Ball & MJG have recorded at Young Avenue Sound, and now the property is for sale. 

While Lausanne is growing its physical campus, adding nontraditional learning environments, officials say the East Memphis private school isn’t looking to increase enrollment.

The proposed Holiday Inn Express — visible to more than 3,200 drivers from State Route 385 — was approved in 2019.

The sale price, which comes down to $44,000 per room, is a deal for the market, leaving room for the new owners’ plans to upgrade the property.

ServisFirst Bank is doubling its office footprint, Painted Tree Marketplace closes and a shopping center on Stage Road has landed a couple of new tenants.

The deal is a vote of confidence for the Memphis industrial real estate market, observers said.

In 2021, the developer announced it was trying to convert the property into residential use. 

Foreclosure deals are rare in the Memphis multifamily market.

A firm tied to an industrial electrical contracting firm and a prominent drag racing operator has bought a Southeast Memphis warehouse.