An affiliate of Highline Hospitality Partners, which owns The Lowline Hotel at 560 King, paid $19.5 million for four commercial buildings between 550 and 570 King, buying them from Charlotte-based Asana Partners. Tenants include Felix Cocktails et Cuisine, Lamar's Sporting Club and Bourbon N' Bubbles. Managing partner Chuck Pomerantz says there are no immediate plans for the properties.
Why this matters here
Upper King now has a single landlord across four storefronts and a 197-room hotel. For the operators in those buildings, and for everyone nearby, who owns the block is suddenly worth knowing.
First reported by postandcourier.com.
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