State Building Commission AgendaPacket Executive Subcommittee Meeting 2026-05-26
UT Knoxville Authorized to Buy Cherokee Mills Complex
Trusted by teams at
Description
The State Building Commission authorized the University of Tennessee Knoxville to purchase the Cherokee Mills Complex at 2200 Sutherland Avenue from TUFF 2200 Sutherland Avenue, LLC for $25.1 million under an exercised lease purchase option. The acquisition will convert a largely leased 192,117‑square‑foot facility into a fully controlled campus asset for educational, operational, research, and technology uses.
Contract Details
Contract Amount
$25,100,000.00
Vendor
TUFF 2200 SUTHERLAND AVENUE LLC
Agency
Grundy County, TN
Contract Type
FACILITIES
Document Date
May 26, 2026
Renewal Info
Acquisition executes an early purchase option contained in an existing lease; no ongoing renewal terms once purchased.
More from Grundy County
State Building Commission AgendaPacket Executive Subcommittee Meeting 2026-05-26
State Building Commission AgendaPacket Executive Subcommittee Meeting 2026-05-26
State Building Commission AgendaPacket Executive Subcommittee Meeting 2026-05-26
State Building Commission AgendaPacket Executive Subcommittee Meeting 2026-05-26
State Building Commission AgendaPacket Executive Subcommittee Meeting 2026-05-26
Want to learn more?
Get alerts on contract renewals, new awards, and vendor activity.
Bring us your territory.
We'll show you what is forming.
See live SLED buying signals, source docs, decision-makers, contract context, and the next step into your CRM or pipeline.