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IN RE SOUTHMARK STORAGE ASSOCIATES LTD.

Bankruptcy No. 90-51469.

130 B.R. 9 (1991)

In re SOUTHMARK STORAGE ASSOCIATES LIMITED PARTNERSHIP, Debtor.

United States Bankruptcy Court, D. Connecticut.

August 6, 1991.

Attorney(s) appearing for the Case

Leighton Aiken, Joyce W. Lindauer, Johnson, Bromberg & Leeds, Dallas, Tex., for debtor.

Lisa J. Paris, Mary Anne B. Tillona, Murtha, Cullina, Richter and Pinney, Hartford, Conn., for Southmark Prime Plus, L.P.

MEMORANDUM AND ORDER ON MOTION FOR VALUATION OF PROPERTY UNDER CODE § 506(a)

ALAN H.W. SHIFF, Bankruptcy Judge.

I.

The debtor, a Texas limited partnership, was formed on November 23, 1987, for the purpose of, inter alia, purchasing for $3,375,000.00 the A-Quality Mini-Warehouse Storage Facility ("the property"), located in Stone Mountain, DeKalb County, Georgia. On December 4, 1987, the debtor executed a $2,327,242.00 promissory note...

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