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VOL. 117 | NO. 198 | Tuesday, November 4, 2003

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Parcels located in

ProLogis-Macquarie Finances Four Parcels

 

Parcels in two

distribution centers

Cost: $27.5 million

Borrower: ProLogis-Macquarie Tennessee II LLC

Lender: Allstate Life Insurance Co.

Trustee: Wesley D. Turner of Williamson County

Property: Parcels at the following addresses: 20.3 acres at 4834 Mendenhall Road in Hickory Hill Distribution Center No. 1; 28.3 acres at 4155 Quest Way in Memphis Distribution Center Building F; 17 acres at 5800 Challenge Drive in Memphis Distribution Center Building H; and six acres at 5600 Challenge Drive in Memphis Distribution Center Building P.

 

Property near Kirby

and Winchester

Cost: $20.3 million

Borrower: Hickory Ridge Pavilion LLC, an Ohio limited liability company

Lender: Greenwich Capital Financial Products Inc.

Trustee: Mark Lee

Property: Property near Winchester Road and Kirby Parkway and the Deer Creek Subdivision.

 

Land located near

Jackson Avenue

Cost: $8 million

Borrower: Harrison Creek LLC, a Missouri limited liability company

Lender: Bank of America N.A.

Trustee: Vance Smith of Shelby County

Property: Land on Jackson Avenue near the Francis O. Pullen Subdivision.

 

2303 Democrat Road

and 2731 Airways Road

Cost: $5.7 million

Borrower: Parking Co. of America Airports LLC, a Delaware limited liability company

Lender: GMAC Commercial Mortgage Co.

Trustee: Rhonda C. Bundy

Property: Parcels at 2303 Democrat Road and 2731 Airways Road in Memphis.

 

61 lots on 27.3 acres

in Rockyford Subdivision

Cost: $2 million

Borrower: Rockyford Development 1st Addition Section E2 LLC

Lender: BancorpSouth Bank

Trustee: Larry A. Butler of Jackson, Tenn.

Property: 61 lots on 27.3 acres in Section E2 of the Rockyford Subdivision in Bartlett.

 

11 lots in

Summer Meadows

Cost: $1.7 million

Borrower: Summit Homes LLC

Lender: Bank of Bartlett

Trustee: B.R. Hester

Property: 11 lots in the Summer Meadows Subdivision, Phase IV.

 

314 Mt. Pleasant Road

Collierville, TN 38017

Cost: $1.6 million

Borrower: G & G Mini-Storage LLC

Lender: Patriot Bank

Trustee: Charles M. Ennis of Shelby County

Property: Resubdivision of two lots at 314 Mt. Pleasant Road in the TMC Subdivision in Collierville.

 

Two parcels in the

Beale Street Renewal Area

Cost: $1.5 million

Borrower: Hunt-Phelan LLC

Lender: Enterprise National Bank

Trustee: Lancelot L. Minor III of Shelby County

Property: Two parcels totaling 1.3 acres near Beale and Lauderdale streets in the Beale Street Renewal Area.

 

Five lots in

Summer Meadows

Cost: $1.3 million

Borrower: Reeves-Williams

Lender: AmSouth Bank

Trustee: FMLS Inc.

Property: Five lots in the Village of Summer Meadows Planned Development, Phase IV.

 

Seven lots in

Buckingham Farms

Cost: $1.2 million

Borrower: Vintage Homes LLC

Lender: AmSouth

Trustee: FMLS Inc.

Property: Seven lots in Section H-1, Phase 21 of the Buckingham Farms Planned Development.

 

3.6 acres near

Center Street in Collierville

Cost: $1.1 million

Borrower: Retirement Partners GP

Lender: First Trust Bank for Savings

Trustee: Frank Stallworth of Shelby County

Property: 3.6 acres located near Center Street in Township 1, Range 6 West in Collierville.

 

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 119 482 10,051
MORTGAGES 119 497 11,811
FORECLOSURE NOTICES 29 82 1,716
BUILDING PERMITS 268 1,056 21,366
BANKRUPTCIES 50 263 6,700
BUSINESS LICENSES 28 151 3,584
UTILITY CONNECTIONS 33 172 4,155
MARRIAGE LICENSES 20 111 2,290

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