(Save the date: RealShare Industrial 2012 comes to The Bankers Club, Miami, December 5 - 6.)
TAMPA, FL—MIG Real Estate has grabbed three hotels in the Tampa Bay area, its first move into Florida. The Newport Beach, CA-based real estate investment company purchased the Courtyard and Residence Inn in Oldsmar and Residence Inn in Lutz.
“We are entering the Tampa market because we believe it has excellent mid- and long-term growth prospects and because it has a diverse demand base including business, conference, leisure, university and medical related demand,” Greg Merage, CEO of MIG Real Estate, tells GlobeSt.com. “We found these hotels appealing because of their accessible locations, ability to compete effectively within their submarkets, and surrounding businesses and attractions.”
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