Loudon County Commission Agenda 2026-06-01
Entertainment tenant’s ground lease option assigned to new company
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Description
Loudon County and the City of Loudon previously leased 10.31 acres in Centre 75 Business Park to Loudon Entertainment, LLC under a 2021 ground lease with an option to purchase. In 2026, the parties executed an assignment transferring the purchase option to The Whitener Company, LLC and releasing Loudon Entertainment, LLC from further obligations under the lease.
Contract Details
Vendor
LOUDON ENTERTAINMENT LLC
Agency
Loudon County, TN
Contract Type
FACILITIES
Document Date
June 1, 2026
Renewal Info
Ground Lease with grant of option dated May 1, 2021; in 2026 the option to purchase and lease obligations were assigned to The Whitener Company, LLC via Affidavit of Assignment; Loudon Entertainment, LLC released from further obligations.
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