JACKSONVILLE, FL-Tampa-based Liberty Group has bought theHoliday Inn Express & Suites by IHG situated on the St. JohnsRiver in Jacksonville. The company acquired the 73-room hotel in ajoint venture with Tampa-based DeBartolo Development.
The property has a 2,000-square-foot meeting room, anatrium-style great room, a fitness center and an outdoor pool. Itwas earlier sold for $6.5 million in 2006. Liberty HospitalityManagement, the Liberty Group's affiliated entity, will manage thehotel. For the full story, go to Jacksonville Business Journal .
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