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One Commerce Square

Category: Projects

One Commerce Square

40 S Main St
Memphis, TN

Renovation of a 29-story office tower.

Property NameOne Commerce Square
Project Cost$25,200,000
DeveloperMemphis Commerce Square Partners, LLC; Historic Square Partners, LLC
Total MWBE$3,962,855
EBO Percent CTD1.00
Office SF475,000
Approval Date2010-10-12
Year Opened2012


PILOT Details

LesseeOne Commerce Square Memphis Realty
Lessee AddressOne World Trade Center, Suite 83G, New York, New York 10007, Attn: Alexander Massa
Term20 Years
Approval DateOctober 12, 2010
Close Date12/23/2010 0:00:00
Term Mos240.00
Status From DateActive
Expected Term Date12/23/2030 0:00:00
Remaining PILOT Years6.74
Pilot Documents
Instrument #18115497
November 5, 2018 - Assignment to One Commerce Square Memphis Realty
Instrument #10134336
December 23, 2010 - DPA sublease
Instrument #10134333
December 23, 2010