Palmer Bros. Celebrates a century in business
By David Royer
Palmer Bros., Inc., a real estate firm with Cooper-Young roots, will mark a milestone this year that few Memphis companies can match: 100 years in business.
The family-owned company opened in Memphis in 1912 and moved from downtown into its current home, a renovated house at Cooper and Evelyn, in 1968.
Marvin H. Palmer Sr. joined the firm, opened by his father and uncle, in 1970 after serving in the Navy. At the time, he said, the location was convenient to the firm’s residential properties in Midtown.
Though the company has changed its main focus to commercial brokerage, management and development out east, Cooper Street remains home.
“This area has really blossomed since we’ve been here, so I think it’s a great place to be as far as a small family-owned company is concerned,” Palmer said.
The company’s roster of past clients includes St. Jude Children’s Research Hospital, First Tennessee Bank and Procter & Gamble. Palmer has remained an active owner over the years. Among his professional designations, he’s served on local and national boards of Realtors and the county’s land use control board.
In his early days with the firm, Palmer said his company was involved with property management for parts of Overton Square, which was the city’s first entertainment district in 1970. Though he’s proud of what that district achieved and optimistic about its current redevelopment efforts, Palmer said Cooper-Young’s current commercial and restaurant success probably eclipses its neighbor on the north end of Cooper.
When asked what business accomplishment he’s most proud of, Palmer’s answer is direct: “Well, keeping the doors open for 100 years is no small feat.
Palmer Bros. Inc, at 841 S. Cooper, can be reached at 726-1674.