The Plasencia Group Closes Sale of Hilton University of Florida Conference Center Hotel
February 15, 2016 11:06am
Tampa, Fla. (February 15, 2016) – The Plasencia Group is pleased to announce the sale of the Hilton University of Florida Conference Center Hotel, located in Gainesville, Florida. The firm represented the seller in the sale of the 248-room hotel to Arden Group, a real estate investment firm based in Philadelphia, Pennsylvania.
Dennis Reed, Senior Vice President of The Plasencia Group’s Southeast region commented, “This was an ideal exchange for both our client and the purchaser. The seller was able to execute on a key strategic initiative, and the buyer was able to acquire a prominent piece of real estate in a strong, university-anchored market.”
“The Hilton is of key importance in Gainesville, as the only nationally-branded full-service hotel in the market,” added Chris Plasencia, Vice President of the Plasencia Group and member of the disposition team. “Arden Group’s planned renovation of the hotel will allow the property to address the University community’s needs and attract a larger share of transient and group business.”
The Hilton is located directly on the campus of the University of Florida and just minutes from Interstate 75. The hotel’s unrivaled meeting facilities and status as one of only four International Association of Conference Centres-certified conference facilities in Florida make the Hilton the premier choice for group business affiliated with the University. The Plasencia Group has now advised on the sale of 75 hotels and resorts in Florida and 97 Hilton properties across the country.
Tags: the plasencia group,
hilton university of florida conference center hotel
The Plasencia Group is a full-service hotel investment and consulting firm offering Transaction Services, Capital Markets, and Consulting & Advisory Services throughout North America. For more information, visit www.TPGhotels.com.
Contact: Jodie Orozco, Vice President of Marketing & Partnerships
The Plasencia Group Facilitates Sale of Hotel Indigo San Antonio-Riverwalk
Sale of Sheraton Metairie - New Orleans Hotel Facilitated by The Plasencia Group
Sale of Courtyard Fort Lauderdale Beach Led by The Plasencia Group
The Plasencia Group Closes Sale of DoubleTree by Hilton Salt Lake City Airport Hotel
Hilton Garden Inn Dallas/Richardson Transaction Led by The Plasencia Group
The Plasencia Group Advises on Cleveland Marriott Downtown at Key Center
The Plasencia Group Advises on Sale of Aloft Leawood-Overland Park
Sale of Holiday Inn Orlando-Disney Springs Area Handled by The Plasencia Group
The Plasencia Group Represents Ashford Hospitality Trust in Sale of Hampton Inn & Suites Gainesville Downtown
Downtown Columbus Hotel Portfolio Transaction Led by The Plasencia Group
The Plasencia Group Advises on Sale of the Marriott San Diego Del Mar Hotel
The Plasencia Group Advises on Sale of the DoubleTree by Hilton Pittsburgh - Green Tree Hotel
The Plasencia Group Advises on Sale of the DoubleTree Denver-Westminster Hotel
The Plasencia Group Closes Sale of the Embassy Suites Chicago - Schaumburg/Woodfield Hotel
The Plasencia Group Represents FelCor in Sale of Embassy Suites San Antonio - Northwest I-10 Hotel
The Plasencia Group Advises on Sale of Marriott Baton Rouge
The Plasencia Group Represents FelCor in Sale of Embassy Suites San Antonio International Airport
The Plasencia Group Advises on Sale of The Former DoubleTree by Hilton Hotel Richmond Downtown
The Plasencia Group Completes Sale of DoubleTree by Hilton New Orleans
InterContinental Tampa Westshore Sale Led by The Plasencia Group
Please login or register to post a comment.