Residential tower eyed for SoBro site last home to brewery
Local investor group pays $15.9M for Lafayette Street property at which Czann’s once operated
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Local investor group pays $15.9M for Lafayette Street property at which Czann’s once operated
The SoBro property once home to Czann's Brewing Co. has been offered for sale for $15.9 million â almost twice the figure the owner paid for it four years ago. The three-parcel site spans 1.17 acres and offers two buildings (neither of which offers a tenant) and a main address of 500 Lafayette St. The offering is the equivalent of about $312 per foot based on acreage. A Brentwood-based LLC owns the property, having paid $8,165,000 for it in June 2017, according to Metro records. The LLC seemingly is affiliated with real estate investor Ashok Patel. In April 2018, Patel and Natvar Patel ...