Former Johnny Rockets corner sold for $23 million
Grove Corner LLC, led by Peter Gardner (of the former PointeGroup) flipped the property after three years. He doubled the sale price from what he purchased the building for in 2013, so you can't deny he is a great businessman. It sold this week for $23 million.
There is talk of them building up, but a part of that building is historic or on an historic street, so that could be a problem. But there are also rumors of the Engle Building across the street building a hotel behind that building in the parking lot area, but nothing has been done yet. I think they did have surveyors out last year, but so far, nothing.
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