Trimark Property Group Acquires Two Hotels in Metro Phoenix for $22M

by Amy Works

GLENDALE, ARIZ. — Pacific, Wash.-based Trimark Property Group has purchased two hotels located in Glendale for $22 million. The properties are a Staybridge Suites at 9340 W. Cabela Drive and a Holiday Inn Express & Suites at 9310 W. Cabela Drive.

Constructed in 2007 and 2008, the two properties are situated on 4.5 acres and feature a total of 212 guest rooms.

James Meng and Jon Grantham of Colliers International Greater Phoenix represented the buyer in the deal. The seller was Columbus, Ohio-based Rockbridge Capital.

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