{"id":1004108542,"date":"2014-12-01T09:00:03","date_gmt":"2014-12-01T17:00:03","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=309928"},"modified":"2020-05-14T04:56:16","modified_gmt":"2020-05-14T12:56:16","slug":"mille-lacs-corporate-ventures-buys-embassy-suites-oklahoma-city","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/mille-lacs-corporate-ventures-buys-embassy-suites-oklahoma-city\/","title":{"rendered":"Mille Lacs Corporate Ventures Buys Embassy Suites Oklahoma City"},"content":{"rendered":"

By Ioana Neamt, Associate Editor<\/em><\/p>\n

\"\"<\/a><\/p>\n

Embassy Suites Oklahoma City<\/p>\n<\/div>\n

In an attempt to further diversify its business holdings and strengthen the tribal economy, Mille Lacs Corporate Ventures has purchased the 236-key Embassy Suites Oklahoma City. Denver-based Greenwood Hospitality Group has been selected to manage the property.<\/p>\n

\u201cWe are excited to enter the Oklahoma City market with one of the strongest-performing hospitality assets,\u201d said Joseph Nayquonabe, CEO of Mille Lacs, which is sponsored by the Mille Lacs Band of Ojibwe. \u201cThe quality of the suites and the proximity to key attractions around the city position this hotel for exceptional performance.\u201d<\/p>\n

\"\"<\/a><\/p>\n

Embassy Suites interior<\/p>\n<\/div>\n

Located at 1815 South Meridian in Oklahoma City, the Embassy Suites hotel is part of a chain of upscale, all-suite hotels trademarked by Hilton Worldwide and independently owned and operated. PropertyShark reports<\/a> that the 195,412-square-foot hotel was built in 1983 and is valued at approximately $11 million.<\/p>\n

The hotel consists of 236 two-room suites with a Western-style design, a six-story atrium, 9,968 square feet of meeting space, business center, fitness center, indoor heated pool, gift shop. Amenities include laundry and valet service, high-speed wireless internet access, flat screen TVs, room service, microwave, coffee maker, refrigerator, and the property is also pet-friendly.<\/p>\n

The Embassy Suites Oklahoma City hotel is located about six miles from attractions such as the Myriad Botanical Gardens, the Oklahoma City Museum of Art, the Oklahoma City National Memorial and Museum, Chicksaw Bricktown Ballpark, the Chesapeake Energy Arena, and Will Rogers World Airport.<\/p>\n

\u201cWe\u2019re very pleased to add the Embassy Suites Oklahoma City to our growing portfolio and we look forward to discovering our next great opportunity,\u201d said Nayquonabe.<\/p>\n

Other recent real estate acquisitions by Mille Lacs Corporate Ventures include 2020 Brand Solutions, the Crowne Plaza St. Paul Riverfront hotel and the DoubleTree by Hilton in St. Paul, Minn.<\/p>\n

Images courtesy of www.embassysuitesoklahomacity.com<\/a> <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

In an attempt to further diversify its business holdings, Mille Lacs Corporate Ventures recently announced the purchase of the 236-room Embassy Suites Oklahoma City hotel.<\/p>\n","protected":false},"author":192,"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],"tags":[],"class_list":["post-1004108542","post","type-post","status-publish","format-standard","hentry","category-latest"],"acf":[],"yoast_head":"\nMille Lacs Corporate Ventures Buys Embassy Suites Oklahoma City - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/mille-lacs-corporate-ventures-buys-embassy-suites-oklahoma-city\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mille Lacs Corporate Ventures Buys Embassy Suites Oklahoma City\" \/>\n<meta property=\"og:description\" content=\"In an attempt to further diversify its business holdings, Mille Lacs Corporate Ventures recently announced the purchase of the 236-room Embassy Suites Oklahoma City hotel.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/mille-lacs-corporate-ventures-buys-embassy-suites-oklahoma-city\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2014-12-01T17:00:03+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-05-14T12:56:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/11\/Embassy-OKC_HotelExterior_Dusk.jpg\" \/>\n<meta name=\"author\" content=\"Ioana Neamt\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/mille-lacs-corporate-ventures-buys-embassy-suites-oklahoma-city\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/mille-lacs-corporate-ventures-buys-embassy-suites-oklahoma-city\\\/\"},\"author\":{\"name\":\"Ioana Neamt\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/993af2799cdaf5162633d320cf63ff16\"},\"headline\":\"Mille Lacs Corporate Ventures Buys Embassy Suites Oklahoma City\",\"datePublished\":\"2014-12-01T17:00:03+00:00\",\"dateModified\":\"2020-05-14T12:56:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/mille-lacs-corporate-ventures-buys-embassy-suites-oklahoma-city\\\/\"},\"wordCount\":313,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/mille-lacs-corporate-ventures-buys-embassy-suites-oklahoma-city\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2014\\\/11\\\/Embassy-OKC_HotelExterior_Dusk.jpg\",\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/mille-lacs-corporate-ventures-buys-embassy-suites-oklahoma-city\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/mille-lacs-corporate-ventures-buys-embassy-suites-oklahoma-city\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/mille-lacs-corporate-ventures-buys-embassy-suites-oklahoma-city\\\/\",\"name\":\"Mille Lacs Corporate Ventures Buys Embassy Suites Oklahoma City - 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