Author: magraham

IBM Application Development and Innovation Center

First National Bank is building at the corner of Hudson Lane and 18th Street in Monroe. Mann Construction is the contractor.

Regards,

Michael A. Graham, MAI

* Sent from my mobile device.

10/28/14

Seller:  Church Hill Company LLC

Buyer:  HRES Monroe, LLC (Hunt Real Estate / Tampa, FL

Price:  $385,000

Size of site:  1.084 acres /47,219 SF (+/-)

$ / SF:  $8.15 / SF (+/-)

Development plans:  Thought to be a Family Dollar development due to a lease also filed on the same day between HRES Monroe and Family Dollar.

Sold:  Land on Highway 165 (same buyer is developing a Dairy Queen in West Monroe)

Seller: Vicari Plaza LLC

Buyer:  Quarles Properties LLC

Price:  $280,000

Source:  OP Tax Assessor / The Legal Recorder, Inc.

Sold:  Lots 4 and 6 of Block B, Broadmoor, Unit 3

Seller:  Johnny T. Johnson / Dolores Johnson / LDJB Properties, LLC

Buyer:  Doctors’ Building West (Tonya Sheppard / Laurie Vaszily)

Price:  $725,000

Sold:   Former Pines Hills Golf Course

Seller:  Calvert Crossing Golf Club, LLC

Buyer:  Cruzn I, LLC (James Garland / Charles Burkett, III)

Date:  8/29/2014

Price:  $750,000

Area:  122.22 acres per conveyance record (most of the area is deed restricted for residential use)

Note:  The above information is for reference only and should not be relied upon without proper verification.

Source:  The Legal Recorder, Inc. / Conveyance Record:  Book 2388 / page 195

Memorandum of Lease and Competitor Exclusions

August 20, 2014 (Book 2387 / Page 407)

Landlord:  Peters Family Urban Properties, LLC

Tenant:  Whataburger Real Estate, LLC

What:  15 year ground lease / 1.28 acres on Louisville Avenue (next to Arby’s)

“Tenant intends to build a restaurant facing Louisville Avenue.”  Source:  memorandum of lease.

Source:  Conveyance record / Note:  this information is for reference only and should not be relied

upon without proper verification.  The information in this post is not guaranteed.

Sold:   Glenwood Trace Apartments

Date:  7/14/2014

Seller:  Glenwood Trace, LLC

Buyer:  LCP West Monroe, LLC

Price:  $5,000,000

Note:  The accuracy of the above information is not guaranteed.  Not for use without proper verification.

Source:  The Legal Recorder, Inc. / Conveyance records

Sold:   Towne Oaks Apartments

July 9, 2014

Seller:  Munimae Towne Oaks, LLC

Buyer:   Juniper McKeen, LLC

Price:  $6,000,000

Note:  The above information is for reference only and should not be relied upon without proper verification.  The accuracy of the above information is not guaranteed.

Source:  The Legal Recorder, Inc. / Conveyance Records