Good News: Historic Building Sold, Record Hotel Sale, & New Midtown Restaurant!

This Week in Tennessee News

Historic Downtown Building Sells for $2.8M
The Nashville Post :: January 19, 2016
Historic 2nd Ave Building
A historic four-story office building located downtown at 227 Second Avenue North has changed ownership hands for $2.8 million.
According to a release, the buyers created 227 2nd Avenue North LLC for the purchase. The Tennessee-based investment group plans to redevelop the building as rental residential space with first-floor retail…

Midtown Courtyard by Marriott Fetches Near-Record Price
The Nashville Post :: January 25, 2016
Courtyard by Marriott
Texas investors have paid $71 million for the Courtyard by Marriott in Midtown, a near-record price for a hotel in Nashville, according to Metro documents.
Austin-based Summit Hotel Properties paid $314,000 per room for the hotel building, which is located at 19th and West End. For comparison…

Midtown Building Eyed for Restaurant Use
The Nashville Post :: January 27, 2015
Historic Midtown
The owner of what is one of the last remaining pre-World War II-constructed Midtown buildings once used as a residence is seeking a retail tenant to reinvent the structure.
Located at 1921 Broadway, the building was last home to a salon. The Nashville office of Avison Young is marketing the space for lease, with Rob Foss, director of…

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