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| SOLD: The 117-room SpringHill Suites by Marriott Voorhees Mt. Laurel/Cherry Hill located at 1031 Voorhees Drive, Voorhees Township in New Jersey |
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| Ketan Patel |
JLL represented the seller and procured the buyer.
Located
at 1031 Voorhees Drive, Voorhees Township, the hotel is a four-story,
117-suite, select-service hotel featuring a well-equipped fitness center,
heated indoor pool and business center.
The property also features 375 square feet of
flexible meeting space, which is highly attractive for corporate and leisure
accounts.
The JLL Capital Markets Investment
Sales and Advisory team was led by Managing Director Ketan
Patel and Directors Phil White and Vasilis Halakos.
JLL’s Hotels & Hospitality Group has completed
more transactions than any other hotels and hospitality real estate advisor
over the last five years, totalling $83 billion
worldwide.
Phil White
The group’s 370-strong global team in over 20
countries also closed more than 7,350 advisory, valuation and asset management
assignments.
Our hotel valuation, brokerage, asset
management and consultancy services have helped more hotel investors, owners
and operators achieve high returns on their assets than any other real estate
advisor in the world.
For more news, videos and research
resources, please visit JLL’s newsroom.
CONTACT:
Alli Stent
PR, Hotels & Hospitality
Capital
Markets
Chicago | JLL
M +1 330 329 6750
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