Elmington Capital Buys Downtown Parking Garage for $7M
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The L&C Garage at 144 Fifth Ave. N. has been sold to Elmington Capital Group for about $7 million.
The Tennessean reports that Elmington bought the 305-spot garage from Armand Lasky, a minority owner of L&C Tower.
Elmington has been busy in Nashville recently. It is currently pursuing a mixed-use development in Midtown, and it bought the office space atop downtown’s Renaissance Hotel last year.
Tony Giarratana’s Premier Parking will manage the L&C Garage, according to The Tennessean.