An entity affiliated with Nashville-based C.B. Ragland Co. has paid $4 million for a Gulch property offering a surface parking lot, according to a Davidson County Register of Deeds document.

CBR now owns the 0.29-acre property, which offers and an address of 109 12th Ave. S. and sits catty-corner from the company’s real estate holding at 118 12th Ave. S. Offering a building accommodating restaurant and bar Whiskey Kitchen, that property is being eyed for a 12-story hotel structure (read here).

Michael art

Michael Hayes