Tampa hotel sold for $30 million

TAMPA — Pharos CB Hospitality LLC purchased the Aloft Tampa Downtown Hotel from Liberty Tampa Investments LLC for $30 million.

Pharos' acquisition of the upscale hotel is partially due to the high-growth market in Tampa, says senior founding partner J. Edward Watson in a statement. Aloft's global brand was also a contributing factor.

The hotel, on Tampa Riverwalk in the center of downtown, has 130 loft-like rooms, corporate meeting space and a signature bar, the statement adds. It is within walking distance of the Tampa Convention Center, the Florida Aquarium and the Amalie Arena.

Sara Graham

Sara Graham is the founder and director of EngageTaste, a St. Louis web design and branding studio, and a Squarespace Platinum Circle Designer and Certified Squarespace Trainer. Since 2013, she has completed more than a thousand projects for clients across virtually every industry and continent. Her path to web design ran through nearly a decade of global sustainability strategy at HOK and years of journalism for Zagat, Sauce Magazine, and the Riverfront Times. One taught her to think in structure; the other taught her to listen for the story.

https://www.engagetaste.com
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