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Shelby County to Acquire $16.5M Beale Street Properties

Shelby County
Disclosed value
$16,500,000.00
From meeting minutes
Document date
Jan 27, 2025

The 30-second brief

What it covers

Resolution approves a contract to purchase property located at 495 Union Avenue and 597 Beale Street, Memphis, TN 38104 from 495 Union Avenue, LLC and 597 Beale Street, LLC in the amount of $16,500,000.00, plus reasonable closing costs.

Who holds it

495 Union Avenue holds this purchase contract with Shelby County.

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Contract details

Contract type
Purchase
Amount
$16,500,000.00
Document date
January 27, 2025
Term
NA
Vendor
495 Union Avenue
Agency
Shelby County
Source document
shelby-county-meeting-minutes-2025-01-27_4de.txt (Meeting Minutes)

495 Union Avenue's other public contracts

Shelby County, MissouriShelby County approves $15.5M property purchase · Jan 27, 2025$15.5MShelby County, MissouriShelby County Buys Property from 495 UNION AVENUE · Jan 27, 2025$11.7MShelby County, MissouriShelby County approves another property purchase · Jan 27, 2025UndisclosedShelby County, MissouriProperty purchase approved from 495 UNION AVENUE, LLC · Jan 27, 2025$7MShelby County, MissouriShelby County Buys Property from 495 UNION AVENUE, LLC · Jan 27, 2025$18.1MAll 495 Union Avenue contractsVendor profile

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Questions about this contract

Who was awarded the purchase contract by Shelby County?

495 Union Avenue was awarded this purchase contract by Shelby County, as recorded on January 27, 2025. The contract value is $16,500,000.00.

How much is the 495 Union Avenue contract with Shelby County worth?

The 495 Union Avenue contract with Shelby County is valued at $16,500,000.00, covering purchase work.

What type of contract is this?

This is a Purchase contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in shelby-county-meeting-minutes-2025-01-27_4de.txt (Meeting Minutes), dated January 27, 2025 from Shelby County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does 495 Union Avenue hold?

495 Union Avenue may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Shelby County currently buying?

Explore Shelby County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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