Springhill Suites by Marriott, Millenia

Springhill Suites by Marriott, Millenia 2019-08-27T13:50:10-04:00

Project Description

Brokers:
Andy Slowik

Client:
Prisa Group

Parcel Address:
5403 Millenia Lakes Blvd., Orlando, FL

Use:
Hospitality/Resort

Challenges Encountered:
Site was costly, as located at Orlando’s highest grossing mall, Millenia. Entitlements had to be revisited to put hotels on the site, as well as connectivity to the upscale mall.

Results Achieved:
Dual-branded Marriott hotels were constructed: 120 key Residence Inn and 134 key Springhill Suites and sold almost immediately after opening for $48.5 million.

For more information, please contact:
john.pellerito@cushwake.com

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