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| Seaside Amelia Inn, 900 Atlantic Avenue, Fernandina Beach, FL |
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| Alexandra Lalos |
HFF marketed the property on behalf of the seller, TRU Hotels & Resorts, LLC. Innisfree Hotels purchased the asset free and clear of debt and unencumbered of management.
Located at 2900 Atlantic
Avenue, Seaside Amelia Inn is located steps away from the Atlantic Ocean and
Fernandina Beach, one of Florida’s most pristine coastal destinations and off
the coast of Jacksonville.
The hotel is situated along AIA Beach
Boulevard less than two miles from the Fernandina Beach Historic District and
proximate to top Amelia Island destinations, including the Amelia Island
Historic District, Fernandina Beach Golf Club, Amelia Island Lighthouse and
Fort Clinch State Park.
The Seaside Amelia Inn features a daily southern
home-style breakfast, outdoor swimming pool, oceanfront roof top sun deck and
meeting space and activity corner.
Completed in 2008, the hotel is adjacent to The Sandbar & Kitchen, a
new restaurant opening this spring.
The HFF investment sales
team representing the seller was led by associate directors Preston Reid and Alexandra Lalos and senior managing director Michael Weinberg.
“Opportunities to acquire assets in markets like Amelia Island, where the majority of the assets are privately owned by long term investors, are rare,” Reid said.
“Northeast Florida has
shown strong performance growth in last 12 months, emerging as a new highly
desirable Florida beachfront market,” Lalos added.
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| Preston Reid |
TRU Hotels & Resorts, LLC is the successor
company to The Prairie Group, LLC, which was founded in 1995 to take over the
management of a group of hospitality assets for an international investment
firm and to pursue global opportunities in the hotel and resort industry.
Since that time, the company and its founders have been actively involved in the development, acquisition and management of numerous hotels, resorts, restaurants and spas.
Since that time, the company and its founders have been actively involved in the development, acquisition and management of numerous hotels, resorts, restaurants and spas.
Innisfree Hotels is a
hotel company delivering exceptional service, guest satisfaction and return on
investment since 1985. The company
embraces its motto of “creating fun, memorable experiences,” while cultivating
innovation and excellence in everything it does.
For a
complete copy of the company’s news release, please contact:
Kristen M. Murphy
Director, Public Relations
HFF | One Post Office
Square, Suite 3500 | Boston, MA 02109
Main: 617-338-0990 |
Direct: 617-848-1572 | Cell: 617-543-4873 | www.hfflp.com
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