Reeder Chevrolet property sells for $15.25 million

The second week of April we recorded 1,199 documents; 272 were loans and 198 were property transfers. Five loans hit the million-dollar mark. The largest loan of the week was an $18.35 million loan from RGA Reinsurance Company. The second largest was backed by Toyota Motor Credit Corp for $12.6 million. The other three include:

The property transfers for the week had a combined value of $114.86 million. Four residential and three commercial properties came in over $1 million dollars. The highest-value commercial property transferred this week was a prominent building on Parkside Drive next to South College. SJW Land Company sold the Westrock warehouse building at 440 Goody’s Lane to BRI Parkside for $27 million.

Westrock warehouse sold for $27 million.

The second largest property transfer was Reeder Chevrolet at 4301 Clinton Hwy. Quinlan Motors LLC sold the 12-acre property to Doherty Holdings Forty Seventh LLC for $15.25 million.

Taco Bell at Grassy Creek sold for $2.82 million

CGP Knoxville (Malone Creek) TB LLC sold the Taco Bell in the new Grassy Creek lifestyle center off Schaad Road to a private trust for $2.82 million.

The comparison chart has been updated through Friday, April 12.

If you need a speaker for your upcoming private, civic or homeowners’ meetings, I have availability and would be happy to present. Just give me a call at the office at 865-215-2330.

If you haven’t already, check out our website and take the opportunity to sign up for the FREE Property Fraud Alert program. This program is available to all Knox County homeowners and can give you peace of mind knowing that anything recorded in your name will generate an email notification for you.

Have a great weekend! – Nick

Nick McBride is register of deeds for Knox County