Southwest Value Partners has purchased JW Marriott Tucson Starr Pass Resort and Spa from Fortress Investment Group in a deal valued at $110m.
The acquired property has 575 rooms and is located at 3800 W. Starr Pass Blvd. in Tucson, Arizona. With a 4-Diamond rating from AAA, it is believed to be one of the top resorts in the state.
JW Marriott Tucson Starr Pass Resort and Spa has more than 80,000 square feet of adaptable indoor and outdoor meeting space. The property can host up to 3,300 guests.
The resort features the 27-hole Starr Pass Golf Club, designed by Arnold Palmer and offers seven dining and drinking establishments.
It also boasts three swimming pools and a 20,000ft² spa.
Managing Partners Mark Schlossberg and Cary Mack are the owners and operators of Southwest Value Partners, whose investment portfolio has hospitality assets both in Arizona and nationally.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData“Starr Pass is an iconic property in Arizona and we are pleased to add it to our growing portfolio. The well-appointed rooms and suites, luxury amenities and excellent service make for an unforgettable visitor experience,” Schlossberg and Mack said in a joint statement.
Along with Starr Pass, the investment corporation’s other Arizona properties include the 378-room Doubletree Resort by Hilton Hotel Paradise Valley – Scottsdale, the 235-key Hilton Resort and Villas in Scottsdale and the 487-room Westin La Paloma Resort and Spa in Tucson.