HFF closes sale of Sheraton Suites Columbus in Columbus, Ohio
BOSTON, MA – May 11, 2017 – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has closed the sale of the 259-suite Sheraton Suites Columbus in Columbus, Ohio.
HFF represented the owner in the sale of the property to Regal Hospitality, based out of Columbus, Ohio. The hotel was sold unencumbered by management.
The Sheraton Suites Columbus comprises 259 oversized guest suites, 3,185 square feet of meeting space, The Grill and The Lounge food and beverage outlets, an outdoor pool and sundeck, an indoor pool, fitness center, gift shop, business center and club lounge. The property is situated on a 4.21-acre site at 201 Hutchinson Avenue directly off of and visible from Interstate 270, which provides access to the Port Columbus International Airport 16 miles away. Additional demand drivers in the area include downtown Columbus, Ohio State University and nearby major corporations such as JP Morgan Chase, Nationwide Insurance, Honda of America, Kroger and Cardinal Health.
The HFF investment sales team representing the owner was led by managing director Denny Meikleham and director Alan Suzuki.
Holliday Fenoglio Fowler, L.P., HFF Real Estate Limited (collectively, “HFF”), HFF Securities L.P. and HFF Securities Limited (collectively, “HFFS”) are owned by HFF, Inc. (NYSE: HF). HFF and its affiliates operate out of 24 offices and are a leading provider of commercial real estate and capital markets services to the global commercial real estate industry. HFF, together with its affiliates, offers clients a fully integrated capital markets platform including debt placement, investment sales, equity placement, funds marketing, M&A and corporate advisory, loan sales and loan servicing. For more information please visit hfflp.com or follow HFF on Twitter @HFF.