{"id":1004170709,"date":"2017-03-29T09:13:13","date_gmt":"2017-03-29T17:13:13","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004170709"},"modified":"2022-12-09T01:54:54","modified_gmt":"2022-12-09T09:54:54","slug":"marriott-approves-new-fairfield-inn-suites-in-phoenix","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/marriott-approves-new-fairfield-inn-suites-in-phoenix\/","title":{"rendered":"Marriott Approves New Fairfield Inn &amp; Suites in Phoenix"},"content":{"rendered":"<p>By Evelina Croitoru<\/p>\n<div id=\"attachment_1004170711\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/03\/1-1.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004170711\" data-attachment-id=\"1004170711\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/marriott-approves-new-fairfield-inn-suites-in-phoenix\/1-1\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/03\/1-1.jpg\" data-orig-size=\"603,480\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"1 (1)\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/03\/1-1.jpg?w=603\" class=\"wp-image-1004170711 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/03\/1-1.jpg\" alt=\"The new  Fairfield Inn &amp; Suites hotel in Tolleson, Ariz.\" width=\"300\" height=\"239\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/03\/1-1.jpg 603w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/03\/1-1.jpg?resize=300,239 300w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004170711\" class=\"wp-caption-text\">The new Fairfield Inn &amp; Suites hotel in Tolleson, Ariz.<\/p><\/div>\n<p><strong>Phoenix<\/strong>\u2014Virtua Partners has announced that Marriott International approved plans for the development of a Fairfield Inn &amp; Suites hotel in Tolleson, Ariz. The project is set to rise on the southeast nexus of 91<sup>st<\/sup>\u00a0Avenue and McDowell Road. Quyp Hospitality LLC, an affiliate of Virtua, will develop\u00a0the new lodging facility, which calls for 120 guestrooms.<\/p>\n<p>&#8220;Market conditions in the West Valley are excellent and we expect growth to continue over the next few years.\u00a0 In addition, the\u00a0City of Tolleson\u00a0has been incredibly supportive of commercial development, which is one of the reasons we were attracted to this site,&#8221; Quinn Palomino, principal of Virtua Partners and Quyp Hospitality, said in a prepared statement.<\/p>\n<p>The project site along I-10 freeway will also include retail and multifamily uses. Atlanta-based Hotel Equities has been awarded the management assignment for the upcoming hotel. Virtua Capital Management teamed up with Versant Commercial Brokerage to raise debt and equity for the project. &#8220;This location is excellent due to its proximity to the freeway, surrounding sporting attractions, ease of accessibility, availability of utilities, and support from the local municipality,&#8221; Derek Uldricks, president of Virtua Capital Management, said in prepared remarks.<\/p>\n<p><em>Rendering courtesy of Virtua Partners<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hotel Equities will manage the 120-key hotel, which will rise in the City of Tolleson, Ariz. <\/p>\n","protected":false},"author":1055,"featured_media":1004170711,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,21751,21742,1601,15],"tags":[33587,33877,34670,34671,34669],"class_list":["post-1004170709","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-hotel","category-latest","category-phoenix","category-west","tag-hotel-equities","tag-marriott","tag-quyp-hospitality","tag-versant-commercial-brokerage","tag-virtua-partners"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Marriott Approves New Fairfield Inn &amp; 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