Lowe Enterprises Investors Acquires Two Hampton Inns in Ann Arbor, Michigan and Jacksonville, Florida

Lowe Enterprises Investors | June 9, 2016

LOS ANGELES- June 9, 2016 -Lowe Enterprises Investors (LEI), in joint venture with a foreign investment client, has acquired the 149‐room Hampton Inn Ann Arbor – South, located at 925 Victors Way in Ann Arbor, Michigan, and the 118-room Hampton Inn Jacksonville Downtown I-95, located at 1331 Prudential Drive, Jacksonville, FL. LEI will develop and execute strategic renovation programs, including guest room updates, for both properties. "These properties represent an opportunity to acquire well-located hotels in stable markets that are enjoying steady economic growth and an expanding job base," said Bleecker P. Seaman, co-CEO of ...