27 JUNE 2024

HUNTER HOTEL ADVISORS ANNOUNCES SALE OF SPRINGHILL SUITES GREENSBORO

Hunter Hotel Advisors ("HUNTER") today announced the successful sale of the SpringHill Suites Greensboro. The North Carolina property was sold for an undisclosed price on May 22, 2024. HUNTER’s Mayank Patel, senior vice president, represented the institutional seller.

The 82-key SpringHill Suites Greensboro serves the third largest city in North Carolina, expanding the hotel’s reach to diverse guests visiting for business, education and leisure alike. The exponentially growing region offers hearty infrastructure that is home to distinctive brands, including VF Corporation, Columbia Forest Products and Qorvo. With its array of higher education campuses drawing over 39,000 students and the presence of the Atlantic Coast Conference Headquarters, Greensboro stands as a vibrant epicenter for college sports. Visitors are reputed to enjoy the Sedgefield Country Club, North Carolina Folk Festival and Greensboro Coliseum.

Built in 2004, the SpringHill Suites Greensboro sits directly along the retail and residential corridor of I-40, welcoming guests with king and double suites. Patrons are met with complimentary breakfast, access to the 24/7 fitness center and an indoor pool.