The four-story office building at Ridge Lake Boulevard that Enoble Business Capital spent $ 10 million to renovate has sold in foreclosure after its owner, Troika LLC , defaulted on a $ 9.8 million loan through First Tennessee Bank . The buyer, Merchants Capital Real Estate LLC , paid $ 9.6 million for the 55,676-square-foot Class B building, according to an Aug. 31 substitute trustee's deed.
