Memphis’ beleaguered, publicly traded retailer has a new office home in Memphis.
Fred’s Inc. signed a three-year lease for 18,700 square feet at 6625 Lenox Park Blvd. in early July. The lease occurred roughly concurrent with the company selling its longtime headquarters on Getwell Road.
The Getwell property holds a 758,000-square-foot warehouse, a 65,000-square-foot retail building, and two office towers totaling about 224,000 square feet. Montreal-based Olymbec bought it for $8.25 million.