7 April 2025

JALARAM SLEEPY HOLLOW, LLC ACQUIRES FAIRFIELD INN & SUITES MEMPHIS SOUTHAVEN IN TRANSACTION BROKERED BY HUNTER HOTEL ADVISORS

Hunter Hotel Advisors (Hunter) announced the sale of the Fairfield Inn & Suites Memphis Southaven. Jalaram Sleepy Hollow LLC (Jalaram Hotel Group) purchased the property from Helix Hospitality on March 25, 2025. Hunter’s Tim Osborne, senior vice president, and Chase Perry, vice president, facilitated the transaction.

Located off I-55, the Fairfield Inn & Suites Memphis Southaven offers convenient access to major demand drivers. Southaven, 15 miles south of downtown Memphis, is one of the fastest-growing cities in Mississippi and the Southeast. The area has a strong industrial market and is recognized as one of the top 10 emerging business hubs. Major employers in DeSoto County’s manufacturing and distribution sectors include Amazon, Milwaukee Electric Tool, Williams-Sonoma and FedEx. Additionally, xAI recently established a supercomputer site nearby with plans for expansion.

Renovated in 2023, the 91-key Fairfield Inn & Suites Memphis Southaven features spacious accommodations designed for work and relaxation. Guests enjoy complimentary breakfast and amenities including a fitness center, meeting space and outdoor pool.

“Southaven is our home and a strategic market for our company’s growth,” said Rohan Patel of Jalaram Hotel Group. “It was a pleasure to work with Hunter and Helix on the acquisition.”