12South art

2301 12th Ave. S.

An investor group led by Elliott Kyle has paid $2.95 million for the 12South building previously home to Franklin Juice Company and fashion retailer Serendipity.

The seller of the property, located at 2301 12th Ave. S., was a partnership that included local real estate professional Mark Deutschmann. The partnership acquired the property in 1995 for $148,000.