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NASHVILLE-Local developer Tony Giarratana and Atlanta-based Novare Group Holdings are selling off a host of properties they jointly own, starting with a downtown parking lot, the Nashville Business Journal reports. The partners sold the lot at 210 Fourth Ave. South to Ridgefield Properties for $1.4 million, $200,000 more than Giarratana paid for the property five years ago.

Other properties owned by Giarratana and Novare in Downtown Nashville include the Cohen Building, the H.G. Hill retail space in the Viridian, a retail space in Bennie Dillon Lofts and a parking lot at Eighth Avenue and Church Street. The sales are part of an overall Novare strategy to unload its Southeast assets.

Click here to read more from the Nashville Business Journal.

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