Peabody Place Office
Category: Projects
Peabody Place Office
100 Peabody Pl
Memphis, TN
Multi-tenant office/retail/parking
| Property Name | Peabody Place Tower |
|---|---|
| Project Cost | $17,412,125 |
| District | Core |
| Type | Renovation |
| Developer | Belz Enterprises |
| Status | Completed |
| Office SF | 161,216 |
| Parking Spaces | 700 |
| Retail SF | 6,000 |
| Year Opened | 1997 |
PILOT Details
| Lessee | Peabody Office Tower GP |
|---|---|
| Lessee Address | Clinton J. Gray, SPTC, CRA, Director of Property Tax, Belz Enterprises, 100 Peabody Place, Suite 140 |
| Term | 25 Years |
| Close Date | 8/18/1994 0:00:00 |
| Extension | 1 |
| Extension Term Years | 15 |
| Term Mos | 300.00 |
| Extension Term Mos | 180 |
| Status From Date | Active |
| Expected Term Date | 8/18/2034 0:00:00 |
| Remaining PILOT Years | 9.20 |
| Pilot Documents | Instrument #FN5877 August 18, 1994 - Units 1 and 2 Instrument #LD8976 February 8, 2001 - Amendment to Lease Agreement (Unit 4) Instrument #GW2424 September 12, 1997 - Assignment of leases and rents to Mass Mutual Instrument #GW2421 September 12, 1997 - Assignment of leases and rents to Mass Mutual Instrument #GW2416 September 12, 1997 - First amended lease and restated lease agreement - Unit 4 Instrument #GW2414 September 12, 1997 - First amended lease and restated lease agreement - Unit 1 Instrument #GW2415 September 12, 1997 - First amended lease and restated lease agreement - Unit 2 |
PILOT Details
| Lessee | Peabody Office Tower GP |
|---|---|
| Lessee Address | Clinton J. Gray, SPTC, CRA, Director of Property Tax, Belz Enterprises, 100 Peabody Place, Suite 140 |
| Term | 25 Years |
| Close Date | 8/18/1994 0:00:00 |
| Extension | 1 |
| Extension Term Years | 15 |
| Term Mos | 300.00 |
| Extension Term Mos | 180 |
| Status From Date | Active |
| Expected Term Date | 8/18/2034 0:00:00 |
| Remaining PILOT Years | 9.20 |
| Pilot Documents | Instrument #GW2424 September 12, 1997 - Assignment of leases and rents to Mass Mutual Instrument #JP3069 August 1, 1999 - Assignment of rents Instrument #GW2421 September 12, 1997 - Assignment of leases and rents to Mass Mutual Instrument #GW2416 September 12, 1997 - First amended lease and restated lease agreement - Unit 4 Instrument #GW2415 September 12, 1997 - First amended lease and restated lease agreement - Unit 2 Instrument #GW2414 September 12, 1997 - First amended lease and restated lease agreement - Unit 1 Instrument #FN5877 August 18, 1994 - Units 1 and 2 Instrument #06094421 May 12, 2006 - Quit Claim Unit 4 to Peabody Place Instrument #LD8976 February 8, 2001 - Amendment to lease agreement Unit 4 |