Shoeleather Journalism in the Digital Age

Shoeleather Journalism
in the Digital Age

Residence Inn by Marriott hotel brand changes hands in north Scottsdale

Photo of Residence Inn by Marriott that was recently sold
Residence Inn by Marriott features an outdoor pool, 24-hour fitness center, and on-site parking. It is also close to many amenities including popular restaurants, outdoor recreation such as golf and parks and other attractions. (File Photos/DigitalFreePress.com)
Marriott property sold for undisclosed sum, Cushman & Wakefield officials say
Staff Reports | Digital Free Press

Cushman & Wakefield brokered the undisclosed sale of a 120-key Residence Inn by Marriott hotel in north Scottsdale.

Found at 17011 N. Scottsdale Road, the property was built in 2002 but renovated in 2018. The buyer was Austin-based Summit Hotel Properties, which acquired the property for an undisclosed price, those close to the matter say.

Bill Murney with Cushman & Wakefield’s hospitality team in Phoenix represented the seller in the transaction.

“This is a strong, modern branded hotel asset very well located in the heart of North Scottsdale’s premier dining, shopping, and business district,” said Executive Managing Director Bill Murney.

“The Residence Inn by Marriott property adds to the buyer’s North Scottsdale hospitality portfolio, which also includes a Courtyard by Marriott hotel and SpringHill Suites by Marriott hotel that are both located across the street. The buyer will complex operations of the properties with Aimbridge managing all three assets.”

Residence Inn by Marriott features an outdoor pool, 24-hour fitness center, and on-site parking. It is also close to many amenities including popular restaurants, outdoor recreation such as golf and parks and other attractions.

The property is also near major healthcare facilities and is close proximity to Loop 101.

Category Sponsor

Learn About the Author

Published On:

Category Sponsor

Golf Chamber

Newsletter Sign Up

Scottsdale Daily Beat - Logo

Could we interest you in Community Updates? How about Enterprise Business Reporting & Real Property & Homes?

Western Museum image
MS Golf 1300 x 1620 px
Experience Scottsdale September 2024
Cover_Spring-2024-SUSD-Showcase-magazine
Experience Scottsdale September 2024