JACKSONVILLE, FL-Tampa-based Liberty Group has bought the Holiday Inn Express & Suites by IHG situated on the St. Johns River in Jacksonville. The company acquired the 73-room hotel in a joint venture with Tampa-based DeBartolo Development.
The property has a 2,000-square-foot meeting room, an atrium-style great room, a fitness center and an outdoor pool. It was earlier sold for $6.5 million in 2006. Liberty Hospitality Management, the Liberty Group's affiliated entity, will manage the hotel. For the full story, go to Jacksonville Business Journal .
GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
