
HFF marketed the distressed property exclusively on behalf of the seller. HEI Hospitality, LLC purchased the hotel for an undisclosed amount. This is the second purchase in the submarket for HEI, who bought the Le Méridien last year, which was also marketed by HFF.
Originally built in 1979, the property was renovated in 2009 and features 14,000 square feet of newly renovated meeting space, a full-service restaurant, 24-hour fitness center, indoor/outdoor swimming pools, a club lounge, the Link@Sheraton, dry cleaning service and shuttle service within the surrounding area.
Contacts:
Daniel Peek, HFF Senior Managing Director, (813) 870-1001,
John Bourret, HFF Director, (214) 265-0880, dpeek@hfflp.com
Kristen Murphy, HFF Associate Director, Marketing, (713) 852-3500
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