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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 55 55 20,821
MORTGAGES 44 44 24,405
FORECLOSURE NOTICES 0 0 8,610
BUILDING PERMITS 196 196 42,533
BANKRUPTCIES 55 55 13,957
BUSINESS LICENSES 22 22 6,423
UTILITY CONNECTIONS 56 56 13,567
MARRIAGE LICENSES 23 23 5,092

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