William Len Building
Category: Projects
William Len Building
110 Monroe Ave
Memphis, TN
Residential and commercial space. Became a Residence Inn hotel in 2004.
| Property Name | Residence Inn (William Len Building) |
|---|---|
| District | Core |
| Type | Renovation |
| Status | Completed |
| Year Opened | 1985 |
PILOT Details
| Lessee | Main Monroe Hospitality 2018, LLC |
|---|---|
| Lessee Address | 850 RIDGE LAKE BLVD STE 401, MEMPHIS, TN 38120-9450 USA |
| Term | 25 Years |
| Close Date | 12/31/1984 0:00:00 |
| Extension | 1 |
| Extension Term Years | 15 |
| Term Mos | 300.00 |
| Extension Term Mos | 180 |
| Status From Date | Active |
| Expected Term Date | 12/31/2024 0:00:00 |
| Remaining PILOT Years | 0.26 |
| Pilot Documents | Instrument #03135632 July 9, 2003 - Assignment of Lease Agreement (to Main/Monroe Partners) Instrument #X35298 December 17, 1985 - Assignment and Assumption Agreement to William Len, Ltd. Instrument #W11249 December 31, 1984 Instrument #JZ7429 January 20, 2000 - Assignment to Convey Leasehold (to Neve Yerushalayim, LLC) Instrument #JP3069 August 1, 1999 - Assignment of rents Instrument #JA3484 December 30, 1998 - Amendment to Lease Agreement Instrument #GB2181 April 17, 1997 - Assignment to Convey Leasehold to William Len Apartments, LLC Instrument #EG5956 April 1, 1994 - Assignment to Convey Leasehold to Canterbury Apts. Phase II, Inc. Instrument #16028205 March 23, 2016 - Assignment and Assumption of Lease from RI Downtown Hotel Partners LP to Memphis Hotel Propco LLC Instrument #16028204 March 23, 2016 - Third Amendment to Lease Instrument #06086698 April 25, 2006 - Assignment and Assumption of Lease (Moody to LLC interests) Instrument #06047703 March 24, 2006 - Assignment and Assumption of Lease (to Moody National Memphis) Instrument #03131885 June 23, 2003 - Second Amendment to Lease Agreement Instrument #06047704 March 24, 2006 - Leasehold Deed of Trust, Assignment of Leases and Rents and Security Agreement (Moody to MERS) |