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Global CRES Acquires Industrial Property in Memphis, Tennessee

Commercial Real Estate Services Firm Buys the More Than 151,000-Square-Foot Complex for $3.73 Million
The industrial complex at 495 Union Ave. in Memphis was on the market for 10 months before its acquisition by Global CRES. (CoStar)
The industrial complex at 495 Union Ave. in Memphis was on the market for 10 months before its acquisition by Global CRES. (CoStar)
By Meatwaun Braswell
CoStar Research
April 16, 2024 | 4:37 P.M.

A sprawling industrial complex in Memphis, Tennessee, spanning 151,476 square feet changed hands in a deal late last month worth $3.73 million, or $24.59 per square foot.

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