Plasencia Group advises on sale of Courtyard and SpringHill Suites in Fort Myers

The Plasencia Group, a national boutique hospitality real estate advisory firm, has represented the seller in the sale of the 134-key Courtyard Fort Myers at I-75 and Gulf Coast Town Center and the 106-key SpringHill Suites Fort Myers Airport.

Less than six miles from each other on Interstate 75, both the Courtyard and SpringHill Suites benefit from similar locational advantages within a dynamic market bolstered by retail stores, Hertz Arena, Southwest Florida International Airport and Florida Gulf Coast University. The transaction was led by The Plasencia Group’s team of Senior Managing Director Dexter Wood; Managing Directors John Plasencia, Chris Plasencia, and Nick Plasencia; and Vice President Andrew Pappas.

Since its opening in 2007, the Courtyard has established itself as one of the preeminent select-service lodging options in the Fort Myers area. Its prime location offers hotel guests walkability to more than one million sq. ft. of retail and dining space at Gulf Coast Town Center, one of Florida’s largest retail complexes. The hotel also offers easy access to Florida Gulf Coast University and Hertz Arena. The SpringHill Suites, opened in 2006, is a top performer in the area of Fort Myers’ rapidly expanding airport, according to the firm, and it affords convenient access to the Spring Training homes of the Boston Red Sox and Minnesota Twins.

Managing Director John Plasencia said, “The Courtyard and SpringHill Suites sit in the upper echelon of lodging assets in the booming Fort Myers market, and, with their stellar locations and strong brand affiliations, they are poised for continued growth.”