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Memphis Gibson Guitar Factory Looks For New Location
Want to own the iconic Memphis, Tenn., location of one of Gibson's guitar factories? Now you can — for $17 million.
The 18-year-old Gibson Beale Street Showcase and Guitar Factory has no plans of leaving Memphis, but their current site of nearly six acres has become too large for what the plant needs. They are looking to downsize.
"They are definitely going to stay in Memphis, but when this venue was built it had a large entertainment venue [that] hasn't been utilized in a couple of years," said CBRE Executive Vice President Johnny Lamberson, who is handling the sale. "That's approximately half of the building."
One of three plants, including additional locations in Nashville, Tenn., and Bozeman, Mont., the Memphis is the only factory open to the public for tours. It produces semi-hollow electric guitars, including the ES line, along with custom instruments. The company's solid-body electric guitars are made in Nashville, and its acoustic guitars in Bozeman.
Gibson hopes to sell the current building with the option of staying on for 18 to 24 months while they determine what they are looking for in their new location.