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The Saddlery Lofts

Category: Projects

The Saddlery Lofts

505 Tennessee St
Memphis, TN

Multi-family apartment and office complex


Project Cost$11,732,000
DistrictSouth CBID
TypeRenovation
StatusCompleted
Approval Date1998-08-18
Year Opened2000

 

PILOT Details

LesseeTHOB, LLC
Lessee Addressc/o Henry Turley Company, 65 Union Avenue, Suite 1200, Memphis, TN 38103
Term25 Years
Approval DateAugust 18, 1998
Close Date5/6/1999 0:00:00
Extension0
Term Mos300.00
Status From DateActive
Expected Term Date5/6/2024 0:00:00
Remaining PILOT Years0.10
Pilot Documents
Instrument #11097613
September 2, 2011 - Fourth lease amendment
Instrument #20062429
June 16, 2020 - Sixth lease amendment
Instrument #17010143
January 25, 2017 - Fifth lease amendment - reduces PILOT asssessment and minimum payment
Instrument #09118307
September 24, 2009 - Third lease amendment
Instrument #09005989
November 26, 2008 - Assignment and assumption of lease from THOB, LLC to Tenn Street Partners LLC (Units 112-113)
Instrument #06099221
May 30, 2006 - Second lease amendment
Instrument #05211402
December 28, 2005 - First lease amendment

PILOT Details

LesseeTenn Street Partners, LLC
Lessee Address505 Tennessee Street Suite 108, Memphis, TN 38103
Term25 Years
Approval DateAugust 18, 1998
Close Date5/6/1999 0:00:00
Extension0
Term Mos300.00
Status From DateActive
Expected Term Date5/6/2024 0:00:00
Remaining PILOT Years0.10
Pilot Documents
Instrument #09005989
November 26, 2008 - Assignment and assumption of lease from THOB, LLC to Tenn Street Partners LLC (Units 112-113)