Tower Investments sells the historic Merchants Restaurant on Broadway in Nashville-for $12.6 million

January 18, 2019

By Adam Sichko-Nashville Business Journal

“Tower Investments sells the historic Merchants Restaurant on Broadway in Nashville - for $12.6 million”

 New Yorker buys building home to Goldberg restaurant

A real estate investor from New York now owns an historic building in downtown's Lower Broadway tourist district, home to a restaurant owned by influential brothers Benjamin and Max Goldberg.

An entity linked to Morris Weintraub Associates paid more than $12.6 million for the building at 401 Broadway, according to newly filed public records. The roughly 120-year-old building is home to Merchants, a restaurant from the Goldbergs and their Strategic Hospitality company that also is responsible for Pinewood Social, The Catbird Seat and other trendy establishments. The Goldbergs recently extended their lease through 2028, according to multiple real estate listings.