HOTEL PORTFOLIO SELLS

by admin

ROCKY MOUNT, N.C. — Columbus, Ohio-based RockBridge Capital has purchased a 461-room portfolio, including a conference center and vacant land parcel, in Rocky Mount, from Rocky Mount Tectel, for an undisclosed amount. The portfolio is comprised of a Doubletree Hotel, a Residence Inn, a Comfort Inn and a Courtyard by Marriott. Ronald Muzii of HREC Investment Advisors’ Boca Raton, Fla., office and Scott Stephens of its Tampa, Fla., office represented the seller, the buyer was represented in-house by Jim Merkel.

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