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| Wyndham Jacksonville Riverwalk Hotel, Jacksonville, FL |
MIAMI, FL, July 18, 2013 - Colliers International Hotels has
been retained to solicit offers for the purchase of a 322-room full service
hotel in Downtown Jacksonville's vibrant Riverwalk area.
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| Rich Lillis |
Rich Lillis
and Kent Schwarz of Colliers International are lead brokers for the
5.81-acre property at 1515 Prudential Drive, Jacksonville, Florida, 32207.
Currently operating as the Wyndham Jacksonville Riverwalk
Hotel, the lender-owned REO property is located on the Southbank of the St.
Johns River. Built in 1980, it includes 35,000 square feet of banquet and
meeting space. The hotel is convenient to I-95 and features easy access to
Jacksonville's Downtown Skyway monorail and water taxi services.
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| Kent Schwarz |
"Unencumbered by franchise license or management
agreements, Riverwalk Hotel offers an exceptional opportunity for repositioning
and rebranding with a major international hotel flag in a leading Southeast
U.S. city," said Rich Lillis, Executive Vice President for Colliers
International Hotels.
"The cost basis per room is favorable, and adjacent
riverfront parcels, available separately for acquisition through Colliers
International, create the potential for a major redevelopment on this
spectacular riverfront site."
For more information on the property, go to www.jaxriverwalkhotel.com and/or contact Rich Lillis, EVP for Colliers
International Hotels at rich.lillis@colliers.com
or Kent Schwarz, EVP for Colliers International Hotels at kent.schwarz@colliers.com.
For a complete
copy of the company’s news release, please contact:
Crystal Proenza
Vice President of Marketing
Colliers International South Florida
Commercial Real Estate Services
Tel: 305 476 7138
Email: crystal.proenza@colliers.com
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