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VOL. 119 | NO. 156 | Tuesday, August 30, 2005

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30 units in
Lexington Condominiums
Cost: $22.9 million

     Borrower:      Lexington Partners LLC

     Lender:      SunTrust Bank

     Trustee:      Southland Associates Inc.

     Property:      30 units in The Lexington Condominiums, along with all additional units of the future development phase.

5295-5305 Logistics Drive
Memphis, TN 38118
Cost: $13.4 million

     Borrower:      Prologis-Macquarie Tennessee II LLC

     Lender:      Teachers Insurance and Annuity Association of America

     Trustee:      T. Mark Lee

     Property:      Buildings 200 and 300 of Memphis Industrial Park at 5295 and 5305 Logistics Drive.

426 N. Front St.
Memphis, TN 38105
Cost: $5.1 million

     Borrower:      The Blue Group II LLC

     Lender:      Merchants & Farmers Bank

     Trustee:      L. Scott Pickle

     Property:      One lot at 426 N. Front St. This is a construction loan with a condominium rider attached.

2879 Farrisview Blvd.
Memphis, TN 38118
Cost: $4 million

     Buyer:      Moore Family Properties and Roy Enterprises LLC

     Seller:      Farrisview Industrial Park Inc., Gary C. Collins and Susan M. Collins

     Property:      Property at 2879 Farrisview Blvd. near Nonconnah Creek.

200 S. Collierville-Arlington Road
Collierville, TN 38017
Cost: $2.1 million

     Buyer:     Spring Creek Ranch Club LLC

     Seller:     SCR Golf House LLC

     Property:     Property located at 200 S. Collierville-Arlington Road near Raleigh LaGrange Road.

990 N. Germantown Parkway
Cordova, TN 38018
Cost: $2.3 million

     Buyer:      Kapree Germantown LLC

     Seller:      Gill Enterprises

     Property:      Property at 990 N. Germantown Parkway.

990 N. Germantown Parkway
Cordova, TN 38018
Cost: $1.9 million

     Borrower:      Kapree Germantown LLC

     Lender:      LaSalle Bank NA

     Trustee:      Philip G. Kamisky

     Property:      Property at 990 N. Germantown Parkway.

3918 Winchester Road
Memphis, TN 38118
Cost: $1.1 million

     Buyer:      The Charles Ross LLC

     Seller:      Tennessee Entertainment Concepts Inc.

     Property:      One lot at 3918 Winchester Road.

RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 56 437 16,061
MORTGAGES 76 508 18,556
FORECLOSURE NOTICES 8 56 2,461
BUILDING PERMITS 241 876 33,390
BANKRUPTCIES 64 301 10,314
BUSINESS LICENSES 15 125 5,303
UTILITY CONNECTIONS 17 125 6,273
MARRIAGE LICENSES 19 98 3,511