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Lodgco Mgmt Acquires Hyatt Place Sarasota

Area: sqft BHK:  Price: 
City:  Location: 

White Lodging Services Corporation sold the 114-room Hyatt Place Sarasota at 950 University Pky in Sarasota, FL to Lodgco Management for $ 16.1 million, or approximately $ 141,000 per room. The 100,000-square-foot hotel delivered in 2008 on three acres in Sarasota County. Teague Hunter of Hunter Hotel Advisors represented the seller. The buyer handled the sale in-house. Please see CoStar COMPS #3658405 for more information on this transaction.
Tampa/St. Petersburg Commercial Real Estate News From CoStar Group

Post Tagged with Acquires, Hyatt, Lodgco, Mgmt., Place, Sarasota

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Recent Posts

  • Irene Sandiego, Tampa4u Realtor — Past Home Sales
  • Compare the 4 Most Popular Low-Down-Payment Home Loans
  • It’s March! The Best Month for Tampa Home Sellers to List
  • Builders Fulfill Homebuyers’ Desire for Large Open-Floor-Plan Homes
  • The Most Expensive Existing Condos for Sale in Tampa Are on Bayshore Blvd

General Tampa Area

Today, Tampa is part of the metropolitan area most commonly referred to as the Tampa Bay Area. For U.S. Census purposes, Tampa is part of the Tampa-St. Petersburg-Clearwater, Florida Metropolitan Statistical Area. The four-county area is composed of roughly 2.9 million residents, making it the second largest metropolitan statistical area (MSA) in the state, and the fourth largest in the Southeastern United States, behind Miami, Washington, D.C. and Atlanta.[14] The Greater Tampa Bay area has over 4 million residents and generally includes the Tampa and Sarasota metro areas.

Tampa Areas

The city is divided into many neighborhoods, many of which were towns and unincorporated communities annexed by the growing city. Generally, the city is divided into the following areas: Downtown Tampa, New Tampa, West Tampa, East Tampa, North Tampa, and South Tampa. Well-known neighborhoods include Ybor City, Forest Hills, Ballast Point, Sulphur Springs, Seminole Heights, Tampa Heights, Palma Ceia, Hyde Park, Davis Islands, Tampa Palms, College Hill, and non-residential areas of Gary and the Westshore Business District.

Categories

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