Past Project Details
CP UNION, BEALE
REDEVELOPMENT INVESTMENT
Coastal Partners, on behalf of 480 Beale Street, LLC, purchased this asset from a lender in February 2013. The vacant property suffered from extensive deferred maintenance and a specialized build-out. Coastal Partners gutted the asset, made extensive repairs and ultimately leased the space to the City of Memphis/State of Tennessee. The asset was eventually sold.
- LOCATION – Memphis, TN
- PROPERTY TYPE – Single Story Office
- RENOVATED – 2008
- SIZE – 25,546 SF
- ACQUIRED – February 2013
- SOLD – May 2018