Shaner Hotels Announces Grand Opening of 105-Room Fairfield Inn & Suites Daytona Beach Speedway/Airport

    

Fairfield Inn & Suites Dayona Beach Speedway/Airport, Daytona Beach, FL

Daytona Beach, FL –The Shaner Hotel Group, one of the hospitality industry’s leading owner-operators of full- and select-service hotels, announced the grand opening of the 105-room Fairfield Inn & Suites Daytona Beach Speedway/Airport.  The hotel is owned by a joint venture comprised of Prime Hospitality Group, the International Speedway Corporation (ISC) and Shaner.  Shaner also will operate the property.

“With its prime location across the street from Daytona International Speedway and its premier selection of dining, entertainment and shopping options, ONE DAYTONA has become the destination of choice for race fans and area visitors,” said Lance Shaner, chief executive officer, The Shaner Hotel Group.

Lance Shaner

  “The Fairfield Inn & Suites Daytona Beach Speedway/Airport caters to everyone from business travelers seeking the latest amenities to families who prefer the added space our suites provide. 

"This marks our 13^th Fairfield hotel, and we are confident our familiarity with the brand will allow us to ramp up quickly as the hotel takes its rightful place as the destination of choice for Daytona Beach’s midscale travelers.”

Located at 1820 Checkered Flag Blvd., the four-story property is one of two hotels to anchor ONE DAYTONA, a premier mixed-use destination located across from Daytona International Speedway. 

 The Fairfield is convenient to the Richard Petty Race Experience, Daytona Beach, Embry Riddle Aeronautical University, and Boardwalk Amusement Center.  

The hotel features Fairfield’s signature expanded lobby with spaces designed for entertainment, socializing and working.  The hotel also offers 2,000 square feet of meeting space, as well as a 24/7 market, indoor pool, fitness center, business center and flexible work spaces.  All guest rooms are furnished with high-speed Wi-Fi internet access, mini-refrigerators and microwaves.  Suites provide separate living and working spaces.

ONE DAYTONA leasing efforts are managed by Legacy Development, a firm intensely focused on creating innovative destination retail and mixed-use projects. With a national footprint and asset management expertise, Legacy is the ideal consultant to represent this unique address. 

For leasing inquiries, please contact Kristen Tremonti at ktremonti@legacydevelopment.com or 816-777-3500.

 For more information on this news release, please contact:

Chris Daly, Shaner Hotels  

Mike Oates, Bellefield Development Partners

  (703) 435-6293   

moates@bellefielddevelopment.com          

                                                     

chris@dalygray.com          

www.internationalspeedwaycorporation.com.

http://www.PrimeHospitalityGroupUS.com

www.bellefieldhydepark.com/.             

HFF announces sale of 2400 Augusta Place in Houston’s West Loop/Galleria submarket

2400 Augusta Place, West Loop/Galleria Submarket, Houston, TX

HOUSTON, TX –– Holliday Fenoglio Fowler, L.P. (HFF) announces the sale of 2400 Augusta Place, a 124,543-square-foot office building in Houston’s West Loop/Galleria submarket.

The HFF team represented the seller, Interra Capital Group, and procured the buyer.

2400 Augusta Place is located near the intersection of Augusta and Westheimer, minutes from the prestigious neighborhoods of Tanglewood and the Memorial Villages and just one mile west of the Houston Galleria.

Marty Hogan

 The 4.184-acre site is convenient to many of the city’s major thoroughfares, including Loop 610, U.S. Highway 59, Interstate 10, Westheimer, San Felipe and Woodway, and has a Walk Score® of 78, being situated near many shopping, dining, recreation and entertainment venues.

 Currently 84.8 percent leased, the four-story property has a well-diversified tenant base across a broad range of industries, including engineering, legal, healthcare, communications, energy and consulting.

The HFF investment advisory team representing the seller included senior director Marty Hogan.

Holliday GP Corp. ("HFF") is a Texas licensed real estate broker.

For more information on this transaction, please contact:

KRISTEN MURPHY

HFF Director, Public Relations

(617) 338-0990

krmurphy@hfflp.com

JLL arranges $115 million sale of Las Vegas multifamily portfolio

 

John Cunningham

LAS VEGAS, NV --JLL’s Capital Markets experts  announced the company arranged the sale of two multifamily communities in Las Vegas on behalf of a partnership between AEW Capital Management, on behalf of one of its separate account clients, and Alliance Residential Company.

 LivCor purchased the portfolio, which includes Broadstone Talavera and Broadstone Flamingo West, for $115 million.

Executive Vice Presidents John Cunningham and Charles Steele led the JLL team on the transaction.

“The portfolio offered investors well-maintained, ideally located assets with value-add potential,” said Cunningham. “This transaction demonstrates further institutional investment into the Las Vegas Metro market fueled by economic and employment growth.”

Broadstone Talavera includes 350 units, a fitness center, two pools and a spa. It is located near a number of restaurants and retail outlets and is less than eight miles from the Las Vegas Strip. 

Broadstone Flamingo West features 324 units, a fitness center, two pools and a dog park area. The community is located near some of the largest employers in the area and less than seven miles from the Las Vegas Strip.

JLL delivers multifamily investors a full range of solutions through one diverse, integrated platform. The division employs over 200 professionals who provide comprehensive investment sales and disposition services with access to thousands of domestic and foreign investors. 

Charles Steele

JLL is also one of the nation’s largest affordable and conventional multifamily and seniors housing lenders with comprehensive loan underwriting, asset management and loan servicing capabilities.

For more, please visit The Investor, an online and mobile app news source providing real-time commercial real estate news to asset buyers and sellers around the world.

For more content, including videos and research resources on JLL, please visit the firm’s U.S. media center web page: http://bit.ly/18P2tkv.

For more information on this transaction, please contact:

Stacey Hershauer

focusAZ

Marketing & Public Relations

(480) 600-0195

www.focusaz.com