One Commerce Square
Category: Projects
One Commerce Square
40 S Main St
Memphis, TN
Renovation of a 29-story office tower.
| Property Name | One Commerce Square |
|---|---|
| Project Cost | $25,200,000 |
| District | Core |
| Type | Renovation |
| Developer | Memphis Commerce Square Partners, LLC; Historic Square Partners, LLC |
| Total MWBE | $3,962,855 |
| EBO Percent CTD | 1.00 |
| Status | Completed |
| Office SF | 475,000 |
| Approval Date | 2010-10-12 |
| Year Opened | 2012 |
PILOT Details
| Lessee | One Commerce Square Memphis Realty |
|---|---|
| Lessee Address | One World Trade Center, Suite 83G, New York, New York 10007, Attn: Alexander Massa |
| Term | 20 Years |
| Approval Date | October 12, 2010 |
| Close Date | 12/23/2010 0:00:00 |
| Extension | 0 |
| Term Mos | 240.00 |
| Status From Date | Active |
| Expected Term Date | 12/23/2030 0:00:00 |
| Remaining PILOT Years | 6.24 |
| 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 |