Monday, April 18, 2016

GLT Group Brokerage Arranged the Sale of Radisson Jacksonville Butler Boulevard in Jacksonville, FL for $6.5M

Radisson Jacksonville Butler Boulevard Hotel, 4700 Salisbury Road, Jacksonville, FL 
MIAMI BEACH, FL — Radisson Jacksonville Butler Boulevard on Salisbury Road was sold for $6.5M. The price equates to $38,922 per room.

 Miami Beach based GLT Group Brokerage represented the buyer, an out of state private individual. Built in 1989, the hotel is a 6-story, 167 room fully service hotel located on Salisbury Road, in proximity to Southpoint Corporate Park, Chamberlain College of Nursing and ITT Technical Institute Jacksonville Campus.

 The buyer is planning significant renovation plan to reposition the hotel.

For a complete copy of the company’s news release, please contact:

Ran Ziv
Office: 940 Lincoln Road Suite #302

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