Rutledge Pike property tops commercial sales

During the week ending May 10, 2024, the office recorded 1,364 documents. Trust Deeds (loans) accounted for 302 of those documents with an aggregate value of $141.78 million. The highest value loan was $35.81 million backed by Barclays’s Capital Real Estate. CTR Partnership LP funded the second largest for $26.67 million. There were nine other mortgages valued at $1 million or more, as follows:

Property sales, recorded via warranty deed, made up 227 of the total documents. Six were priced over $1 million, but only one of those was a commercial transaction. That property, located at 8724 Rutledge Pike, sold for $1.25 million. C&K Equipment Company Inc. sold to 11W Properties Inc.

The chart below compares year-to-date sales and loans recorded through May 11.

Please, visit our updated website. While you are there, take the opportunity to sign up for the FREE Property Fraud Alert program available to all Knox County homeowners. Go to: https://rod.knoxcounty.org/ where you can find the link to sign up for the program, as well as recording stats and other information pertaining to our office.

Congratulations to the Knox County Schools’ 2024 graduating class!           – Nick

Nick McBride is Knox County register of deeds