{"id":1004071764,"date":"2013-04-25T08:25:20","date_gmt":"2013-04-25T16:25:20","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=121533"},"modified":"2020-05-13T23:00:52","modified_gmt":"2020-05-14T07:00:52","slug":"looking-to-expand-mig-real-estate-buys-hilton-garden-inn","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/looking-to-expand-mig-real-estate-buys-hilton-garden-inn\/","title":{"rendered":"Looking to Expand, MIG Real Estate Buys Hilton Garden Inn"},"content":{"rendered":"<p style=\"text-align: justify\"><em>By Georgiana Mihaila, Associate Editor<\/em><\/p>\n<p style=\"text-align: justify\"><a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/04\/hilton-garden-inn.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-medium wp-image-121534\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/04\/hilton-garden-inn.jpg\" alt=\"\" width=\"300\" height=\"167\" \/><\/a>MIG Real Estate closed on its fourth Florida hotel, adding the Hilton Garden Inn Tampa East\/Brandon to its 11-property hotel portfolio.<\/p>\n<p style=\"text-align: justify\">The Newport Beach, Calif.-based firm is currently pursuing an aggressive expansion strategy, seeking core-plus, value-add and opportunistic investments in select-service hotels, grocery-anchored shopping centers, and office, industrial and multi-family properties.<\/p>\n<p style=\"text-align: justify\">&#8220;We are pleased to add the first Hilton Garden Inn to our hotel portfolio, furthering our relationship with the Hilton family of brands,&#8221; said Greg Merage, CEO of MIG Real Estate. &#8220;This is a very high-quality product featuring an outstanding location in a mature business park with direct accessibility to other nearby East Tampa employers, amenities and attractions.&#8221;<\/p>\n<p style=\"text-align: justify\">Built in 2002, the Hilton Garden Inn sits on a 3.53-acre property at 10309 Highland Manor Drive and consists of 152 guestrooms. The property features approximately 4,500-square feet of flexible indoor and outdoor meeting space, outdoor swimming pool, exercise room, business center, restaurant and guest laundry.<\/p>\n<p style=\"text-align: justify\">The location places the Hilton Garden Inn within the Highland Oaks business park, adjacent to an Interstate 75 off-ramp and approximately 18 miles east of the Tampa International Airport. Nearby attractions include Florida State Fairgrounds, 1-800-Ask Gary Amphitheatre, the Bob Thomas Equestrian Center and the Seminole Hard Rock Hotel &amp; Casino, all within three miles of the hotel.<\/p>\n<p style=\"text-align: justify\">Hodges Ward Elliot represented the seller in the transaction and MIG Real Estate represented itself. The property is being operated by Raleigh-based Concord Hospitality Enterprises. The financial details of the transaction have been disclosed.<\/p>\n<p style=\"text-align: justify\">Image: <a href=\"https:\/\/hiltongardeninn3.hilton.com\/en\/hotels\/florida\/hilton-garden-inn-tampa-east-brandon-TPAEBGI\/index.html\" rel=\"nofollow\" >Hilton Garden Inn Official Website<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>MIG Real Estate has just closed on its fourth Florida hotel, adding the Hilton Garden Inn Tampa East\/Brandon to its 11-property hotel portfolio.<\/p>\n","protected":false},"author":33,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21742,1612],"tags":[],"class_list":["post-1004071764","post","type-post","status-publish","format-standard","hentry","category-latest","category-tampa"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - 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