SoBro bldg art

504 Fourth Ave. S.

 Assessor of Property

The owner of SoBro’s Peabody Corner Marketplace has paid $8.51 million for an adjacent property, according to a Davidson County Register of Deeds document.

A partnership that includes Spencer Wang and other members now owns the 0.61-acre property located at 504 Fourth Ave. S. and near multiple hotels, including Holiday Inn, The Joseph and SoBro Guest House. The sellers were four entities, a related entity of which paid $650,000 for the property in 2006, Metro records show.