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Clayton Homes was founded in 1956 by Jim Clayton. [9] [10] The business began by refurbishing and reselling used mobile homes.[11] [12] In 1966, Jim Clayton opened a Clayton Homes store location in Knoxville, Tennessee, on Clinton Highway. [13]
Here's a look at the top 10 largest commercial property sales in Knox County as of Dec. 18, according to the Knox County property assessor's office. 1. One Riverwalk - $124.1 million
[39] [40] It entered the timeshare sales and management business by buying Fairfield Communities for $690 million, [41] [42] and Trendwest Resorts for $980 million. [43] [44] In 2002, Cendant bought Budget Rent a Car out of bankruptcy for $110 million plus $2.8 billion in assumed debt. [45]
Opened in August 1972, this one-level mall is located in the western portion of Knoxville in the West Hills community. West Town Mall is located along Interstates 40/75 and Kingston Pike . The mall has 1,339,000 square feet (124,397 m 2 ) of gross leasable area , making it the largest of any enclosed shopping mall in Tennessee.
The Turkey Creek development project started in 1995 when a group of investors and developers who called themselves Turkey Creek Land Partners led by John Turley and Kerry Sprouse paid $7 million to buy 410 acres (170 ha) of undeveloped land south of the interstate highway.
The property owner in this case signs a property management agreement with the company, giving the latter the right to let it out to new tenants and collect rent. The owners don't usually even know who the tenants are. The property management company usually keeps 10-15% of the rent amount and shares the rest with the property owner.
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