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Memphis property sales reach highest first-half total since 2022

Industrial and office transactions help push overall sales above long-term average
SpaceX purchased 3231 Paul R Lowry Road in May from Phoenix Investors (CoStar).
SpaceX purchased 3231 Paul R Lowry Road in May from Phoenix Investors (CoStar).
CoStar Analytics
August 14, 2026 | 7:58 P.M.

Memphis, Tennessee, recorded its highest first-half property sales volume since 2022, as gains in industrial and office transactions offset declines in the retail and multifamily sectors.

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