Rentv.com HWC Hospitality has paid $19.5 million, or $153,543/room, for the 127-room Hyatt Place hotel in Gilbert, Ariz. The Branson, Mo., hospitality company purchased the property from Sethi Management, which was represented by Cushman & Wakefield. The six-story property was built in 2009 at 3275 South Market St., about 30 miles east of Phoenix. It […]

The post 127-Room Hotel in Gilbert, Ariz., Sold for $19.5Mln appeared first on Commercial Real Estate Direct.