South Florida Business Journal MCR Hotels has bought the Hilton Miami Airport Blue Lagoon for $118.25 million, or about $232,776/room. The Dallas company acquired the 508-room property, which sits on 20.6 acres at 5101 Blue Lagoon Drive, from Park Hotels & Resorts of Tysons, Va. The purchase price results in a capitalization rate of 6.2 […]
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