Investing

Investing
noid-memphis

JLL Selected to Market Former Bayer Campus in Memphis

Bayer U.S. has hired JLL to market for sale or lease its 43-acre, six building, 1 million-square-foot research and development center in Memphis. “The 43-acre former Bayer Research and Development campus represents an ideal redevelopment opportunity for healthcare corporations and other users seeking well-located sites in and around the Mid-South region,” said Jack Wohrman, SIOR, JLL Vice President. More...

The Boulder Group Arranges Sale of Single Tenant Net Leased Walgreens

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Walgreens property located at 5555 Edmondson Pike in Nashville, Tennessee for $6,926,345. The 15,680 square foot Walgreens building is strategically located at the signalized intersection of Old Hickory Boulevard and Edmondson Pike.

Governor Haslam, Commissioner Boyd Announce UBS to Expand Current Operations in Middle Tennessee

Tennessee Gov. Bill Haslam and Economic and Community Development Commissioner Randy Boyd along with UBS officials announced today the company will expand its current operations in Middle Tennessee by opening a new office in Williamson County at One Franklin Park. UBS will invest $11.2 million to outfit the space, which will accommodate the growth of the UBS Business Solution Center, as well as, a satellite branch office for Wealth Management Americas financial advisors, creating over 350 new jobs over the next several years.

Governor Haslam, Commissioner Boyd Announce Maplehurst Bakeries to Open New Manufacturing Facility in Wilson...

Tennessee Gov. Bill Haslam and Economic and Community Development Commissioner Randy Boyd along with Maplehurst Bakeries, LLC, a division of Weston Foods, officials announced the company will invest $102.8 million to build and equip a new 173,000 square foot manufacturing facility in Lebanon.

TNECD Launches Select Tennessee Property Evaluation Program

The goal of this new tool is to improve the inventory of industrial sites and buildings in Tennessee by evaluating potential properties and advising counties on where investment may be most beneficial and what steps may be needed to address issues.

Governor Haslam, Commissioner Boyd Announce Proper Polymers to Locate in Tennessee, Build New Manufacturing...

Tennessee Gov. Bill Haslam and Economic and Community Development Commissioner Randy Boyd along with Proper Polymers officials announced today the company will invest $13.1 million to build a new manufacturing facility in Pulaski.

Cummins, Inc. to Expand its Memphis Distribution Operations

Tennessee Department of Economic and Community Development Commissioner Randy Boyd along with Cummins, Inc. officials announced today the company will invest $6.7 million to expand its current parts and distribution center in Memphis, creating 70 new jobs for Shelby County.

Governor Haslam, Commissioner Boyd Announce Community Health Systems to Expand Current Operations, Build New...

Tennessee Gov. Bill Haslam and Economic and Community Development Commissioner Randy Boyd along with Community Health Systems Chairman and Chief Executive Officer Wayne T. Smith announced today that CHS will invest $66 million to expand its current operations in Tennessee by constructing a new Shared Services Center in Nashville.

Total Quality Logistics to Expand Current Operations, Open New Location in Memphis

Tennessee Department of Economic and Community Development Commissioner Randy Boyd along with Total Quality Logistics (TQL) officials today announced the transportation services company will expand its operations in Tennessee by opening a new location in Shelby County.

KHS America to Expand Current Operations in Wilson County

Due to the company’s success and increase in market share, KHS America will invest $3.7 million to add onto its location at 12020 Eastgate Blvd. in Mt. Juliet and create 67 new jobs.

Popular

MERCY LOAN FUND PARTNERS WITH NATIONAL CHURCH RESIDENCES TO PRESERVE MUCH-NEEDED...

Mercy Loan Fund (MLF), a leading Community Development Financial Institution (CDFI) based in Denver, Colo., has announced it has partnered with National Church Residences (NCR) to help preserve 55 affordable homes for seniors at Hickory Hollow Senior Apartments in Memphis, Tenn.

Recent

Corps Allocates $37 Million for Chickamauga Lock, Construction Continues for Third...

U.S. Sen. Lamar Alexander (R-Tenn.) says the Army Corps of Engineers Work Plan for Fiscal Year 2017 includes good news for all of East Tennessee – and everyone who benefits from river traffic passing through the Chickamauga Lock in Chattanoog