Sheraton at St. Johns Town Center Purchased By Atlanta Group For $99/key

An Atlanta hotel investor and operator has purchased the Deerfield Park Sheraton Hotel near St Johns Town Center for about $15.8M and plans an additional $4M renovation.  The buyer, Peachtree Hotel Group now owns four JAX area hotels.  Jensen Werley of The JAX Business Journal has the story.

About scottrogersjax

30 years' in commercial real estate investment sales, banking, mortgage banking, and valuation. Trained and schooled in Atlanta, and now heading the Investment Sales Team in the Colliers Jacksonville office.

Posted on June 24, 2015, in Hotel-Restaurant-Tourism, JAX Business Journal, Transactions and tagged , , , . Bookmark the permalink. Leave a comment.

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