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Owner of grocery-anchored shopping center in Memphis, Tennessee, secures refinancing

Loan to support repositioning of multibay building in Poplar Plaza
Poplar Plaza, at 3450 Poplar Ave., is located about one-quarter of a mile from the University of Memphis in Tennessee. (JLL)
Poplar Plaza, at 3450 Poplar Ave., is located about one-quarter of a mile from the University of Memphis in Tennessee. (JLL)
By Mark Iovanisci
CoStar Research
August 7, 2025 | 2:40 P.M.

The owner of a 350,000-square-foot, grocery-anchored shopping center in Memphis, Tennessee, has secured $25.1 million for refinancing.

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