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Peabody Place Office

Category: Projects

Peabody Place Office

100 Peabody Pl
Memphis, TN

Multi-tenant office/retail/parking


Property NamePeabody Place Tower
Project Cost$17,412,125
DistrictCore
TypeRenovation
DeveloperBelz Enterprises
StatusCompleted
Office SF161,216
Parking Spaces700
Retail SF6,000
Year Opened1997

 

PILOT Details

LesseePeabody Office Tower GP
Lessee AddressClinton J. Gray, SPTC, CRA, Director of Property Tax, Belz Enterprises, 100 Peabody Place, Suite 140
Term25 Years
Close Date8/18/1994 0:00:00
Extension1
Extension Term Years15
Term Mos300.00
Extension Term Mos180
Status From DateActive
Expected Term Date8/18/2034 0:00:00
Remaining PILOT Years10.40
Pilot Documents
Instrument #GW2414
September 12, 1997 - First amended lease and restated lease agreement - Unit 1
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 #GW2415
September 12, 1997 - First amended lease and restated lease agreement - Unit 2
Instrument #FN5877
August 18, 1994 - Units 1 and 2
Instrument #GW2416
September 12, 1997 - First amended lease and restated lease agreement - Unit 4

PILOT Details

LesseePeabody Office Tower GP
Lessee AddressClinton J. Gray, SPTC, CRA, Director of Property Tax, Belz Enterprises, 100 Peabody Place, Suite 140
Term25 Years
Close Date8/18/1994 0:00:00
Extension1
Extension Term Years15
Term Mos300.00
Extension Term Mos180
Status From DateActive
Expected Term Date8/18/2034 0:00:00
Remaining PILOT Years10.40
Pilot Documents
Instrument #JP3069
August 1, 1999 - Assignment of rents
Instrument #FN5877
August 18, 1994 - Units 1 and 2
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
Instrument #GW2416
September 12, 1997 - First amended lease and restated lease agreement - Unit 4
Instrument #GW2421
September 12, 1997 - Assignment of leases and rents to Mass Mutual
Instrument #GW2424
September 12, 1997 - Assignment of leases and rents to Mass Mutual
Instrument #LD8976
February 8, 2001 - Amendment to lease agreement Unit 4
Instrument #06094421
May 12, 2006 - Quit Claim Unit 4 to Peabody Place