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