latest news in Commercial Real Estate
McKay’s Knoxville to Shutter Operations Following $4.25 Million Property Sale
Knoxville, Friday, 27 February 2026.
Closing May 3, the legacy bookseller’s site sold for $4.25 million—well above its $3.4 million appraisal—demonstrating how high commercial real estate valuations are displacing long-standing local businesses.