File:Exchange Building, Madison Avenue and 2nd Street, Memphis, TN 07.jpg

English: Built in 1910, this Beaux Arts-style skyscraper was designed by Neander Montgomery Woods to house the Cotton Exchange and Merchants Exchange of Memphis, replacing an earlier building on the same site. The building housed both exchanges until 1925, when the Cotton Exchange moved to a new building on Front Street. The building stands 20 stories and 264 feet (80 meters) tall, and was the tallest building in Memphis from the time of its completion until 1924, when the Lincoln American Tower was completed. The building features a red brick exterior, a mansard roof with gabled dormers, one-over-one windows, a stone base, stone trim, bracketed cornices, arched windows on the second and third floors of the exterior facade, a rusticated base, pilasters flanking the entrance bays on the 2nd Street facade, and large plate glass windows in the bays on the first floor. The building was listed on the National Register of Historic Places in 1979. In 1996, the building underwent rehabilitation for adaptive reuse as an apartment building and hotel, which is known as the Exchange Suites at Court Square.