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South Florida

Courtyard Marriott in Broward sells for $7M

Courtyard Marriott in Coral Springs
Courtyard Marriott in Coral Springs

A Courtyard Marriott hotel in Coral Springs has traded hands for $7 million.

An affiliate of New York-based Garrison Investment Group bought the 110-room hotel from a New York-based real estate investment company on Jan. 9, Broward County records show. The 61,305-square-foot hotel was last sold for $6 million in June 2007 to Rockwood Capital-affiliate OpRock Coral Springs Fee.

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The four-story building, built in 2001, sits on a 124,954-square-foot lot at 620 North University Drive. It’s located south of West Atlantic Boulevard and west of North University Drive. The hotel has a fitness center, outdoor pool, whirlpool and restaurant.

In June 2014, a company tied to Garrison Investment Group sold a Hialeah Ramada Inn for $13.5 million.

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Real Estate CompaniesReal Estate GroupsRockwood Capital