Last week Park-Equities announced the sale of the iconic 117-unit Mining Exchange Hotel. Taylor Grant with the firm represented sellers, attorneys Perry Sanders and John Goede, and procured family-run buyer, Kemmons Wilson.
The Mining Exchange was opened in 1901 as a stock exchange for mining corporations, later becoming an office building, before Sanders gutted it to the brick and granite and transformed it into a boutique hotel.
“We managed to preserve one of the coolest historic buildings that’s ever been built in this city,” Sanders said. “When so many buildings have been torn down, we really took this back to its core, and preserved everything in it that could be preserved.”
The property boasts a brass staircase, massive safes left over from the mining exchange, 12-foot ceilings, solid-core privacy doors, separate sleeping areas, granite-topped desks, double-headed bathroom showers, recording studio-quality walls to prevent noise between rooms, 10