Noble Investment Group has purchased Courtyard by Marriott Jacksonville Beach Oceanfront in Florida, US, for an undisclosed amount.
This hotel is set to enhance its guestrooms, suites, public areas, and event spaces.
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Situated on the shores of Jacksonville Beach, the property houses a range of rooms, some offering ocean views.
It offers 2,450ft² of event space spread across three venues, as well as four breakout rooms, a fitness centre, an outdoor pool, and a convenience store.
The hotel’s oceanfront location provides direct access to Jacksonville Beach Pier, Adventure Landing, and an array of dining and shopping options nearby.
Noble Investment Group senior vice president Dustin Fisher said: “The greater Jacksonville market continues to exhibit the key macro trends we look for in cities that we believe will continue to outperform the broader economy.
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By GlobalData“This high-quality asset will undergo a meaningful upgrade, enabling the hotel to capitalise on the market’s depth and breadth of leisure, healthcare, corporate, and government demand.”
This acquisition follows Noble Investment Group’s purchase of Holiday Inn Express Downtown Nashville in Tennessee.
The property is located in an area with eight million square feet of office space.
