Memphis real estate group sets sights on acquiring Oak Court Mall

November 14, 2023

Commercial Appeal

The Oak Court Mall may have new owners soon. On Tuesday, Memphis-based Poag Development Group announced it is working toward finalizing a deal to acquire the 35-year-old property. “I’ve had my eye on this property for more than 10 years and see such strong potential for its future,” Poag Development Group CEO Josh Poag said in a statement. “We are thrilled about the … of Deeds.

The acquisition includes the 3,000-vehicle parking garage, four parcels and 16.4 acres. The listed property addresses included are 4465 Poplar Ave., 530 Oak Court, 4445 Poplar Ave., and 0 Southern Ave. MANE STREET MEMPHIS:No gates for Chickasaw Gardens; 100 N. Main OK’d for hotel Poag Development Group was previously known as Poag Shopping Centers and rebranded in December 2022. Poag was founded by Dan Poag and Terry McEwen in the 1980s. The company owns and operates several lifestyle center and promenade malls around the country. Poag also developed the Shops of Saddle Creek in Germantown.