Tower at Peabody — Lease in Memphis, TN

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: Memphis, TN 38103

Photos

Tower at Peabody — Lease in Memphis, TN, photo 1 of 1

Description

Class A Office Space Available in the heart of Downtown Memphis Part of the Peabody Place Master Planned Development. Attached covered parking along with access to the common rooftop deck and conference facility on the top of Pembroke Square.

Market Context

This office in Memphis, TN is listed for lease. Compare it against other office listings for lease in Memphis, TN — view the full market.

As of Q2 2026, the Memphis office market showed an 18.0% vacancy rate, and average asking rents near $20.47/SF/yr. Source: Cushman & Wakefield Q2 2026 market report.

Above-average vacancy gives tenants leverage and a wide set of comparables.

Office market FAQ

Is the Memphis office market tightening or softening?
Vacancy is around 18.0% (Q2 2026).

Estimated Market Rate

$1.54/SF/mo – $2.00/SF/mo

Mid: $1.70/SF/mo

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