According to the Memphis Business Journal, Christ Community Health Services has acquired the shopping center located at 3356-3364 S. Third Street for $1.76 million from Belz Investco GP. Christ Community Health, a federally qualified health center, currently occupies 10,000 sq ft of the total 90,000-sq-ft shopping center and hopes to either renovate the existing building or build new, according to COO Lance Luttrell. Part of the deal was an undisclosed donation toward the $1.76 million price from Belz for Christ Community to afford the entire property. Christ Community is working with architecture firm Archimania to reimagine the property, which could become part of the City of Memphis' 'Memphis 3.0' revitalization plan.
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