Cushman & Wakefield advises sale of AZ La Quinta

Cushman & Wakefield has brokered the sale of a 108-room La Quinta Inn & Suites by Wyndham Phoenix West Peoria in Peoria, AZ. The Phoenix metro area property was sold to Toronto-based Sun Valley Hotels LLC.

Bill Murney, executive managing director with Cushman & Wakefield’s Hospitality team in Phoenix represented the seller in the transaction.

“Sun Valley also previously bought and operates the Comfort Suites hotel located next door and is looking to gain operating efficiencies through complexing the two hotels,” said Murney. “This is the fourth hotel sale that I have brokered involving Sun Valley as the buyer.”

The property features a heated outdoor pool and a fitness center and is close to venues such as the Peoria Sports Complex, University of Phoenix Stadium and Gila River Arena.