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Posts from April 14th, 2026

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April 14th, 2026 by

The $12M Bank Heist (Legally): Luxury Condos are Taking Over Downtown Knoxville's Old U.S. Bank Building

Luxury Condo Interior Knoxville

If you have walked past 607 Market Street lately, you might have noticed the air smells a bit more like opportunity and high-end finishes. The secret is out: LawlerWoods, LLC has officially closed a massive $12 million deal to purchase the former U.S. Bank building in the heart of downtown Knoxville. But they aren't looking to store gold bars in the basement. Instead, they are turning this iconic structure into a gold mine for residential living.

As a Realtor with an MBA, I look at real estate through two lenses: the emotional "I love this view" lens and the analytical "what is the capitalization rate and long-term appreciation potential" lens. This purchase is a textbook example of high-value adaptive reuse in a market that is currently screaming for more invento...

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CONTACT ME

Vidal Fonseca

(423) 380-9244 Cell
vidal.fonseca@crye-leike.com

Vidal Fonseca, Broker Associate TN/GA
1510 Gunbarrel Road
Chattanooga, TN 37421
(423) 380-9244 Cell
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