TLG Investment Partners and Concord Wilshire Acquire Sheraton Grand Hotel in Phoenix, Arizona for $257.6 Million

TLG Investment Partners | June 28, 2018

Fort Lauderdale, FL, June 28, 2018—TLG Investment Partners and Concord Wilshire Capital announced today the acquisition of the Sheraton Grand Hotel located in Phoenix, Arizona for $255.0 million through an affiliate of TLG Phoenix, LLC. Marriott International is the majority capital partner with TLG and Concord Wilshire and will be managing the asset. TLG Investment Partners is a Fort Lauderdale based real estate investment firm headed by Leland Pillsbury and Christopher Nieberding, which invests in multiple classes of real estate including recreation, residential and commercial properties. Concord Wilshire Capital is a joint vent...