Rick in Nashville, TN is a local real estate investor and businessman, Sanjaybhai D. Patel, who recently purchased a 0.89-acre site in Midtown behind Hustler Hollywood for $1.6 million. With plans yet to be determined, the property, which includes vacant buildings and parking lots, is expected to be redeveloped into an office or hotel in the future.
Patel has enlisted the services of broker Jason Powell to assist with leasing and redevelopment of the property, which was previously owned by the Stansell family, founders of Stansell Electric Co. This acquisition adds to Patel's portfolio, which already includes a Days Inn hotel on Murfreesboro Road, and reflects the ongoing redevelopment and activity in the area.
Generated from the website