Popular athletic and lifestyle brand Nike just filled a building permit for the Memphis area. This permit was for a warehouse, and the project is estimated to cost almost $1.5 million. This warehouse will be about 707,000 square feet and will support the customer side of the business.
This southwestern Tennessee city has a growing and diverse economy. Memphis is home to several Fortune 500 companies including FedEx, International Paper, AutoZone, and others.
To learn more about the economic conditions driving the business and real estate markets in Memphis, download this report.