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| An HWE team composed of Nate Ries, William Hodges, and Michael Tormey represented the seller in the transaction. Rising
25 stories above West Peachtree Street and prominently visible from the
Downtown Connector, the property is one of Atlanta’s 15 largest hotels
and a fixture of the city’s skyline. The hotel boasts 462 guest rooms,
34,600-square-feet of meeting and event space across 17 meeting rooms,
four dining outlets, a rooftop pool deck, and a fitness center. The 25th-floor
SKY meeting space provides panoramic views of Downtown, Midtown, and Georgia
Tech’s campus.
 “We are pleased to have facilitated the sale of one of Atlanta’s largest and most recognizable hotels,” said Nate Ries of Hodges Ward Elliott. “We appreciate the confidence the seller placed in our team to execute this important transaction.” “For over 50 years, this hotel has been a key part of Atlanta’s hospitality landscape, and we look forward to the buyer’s future success with the property,” said Michael Tormey. Positioned adjacent to Georgia Tech and Emory University Hospital Midtown, the hotel is surrounded by major corporate presences including Coca-Cola, Honeywell, and NCR VOYIX/Atleos. The area continues to experience record investment and development, highlighted by the new $500 million Emory Winship Cancer Institute and Georgia Tech’s ongoing campus expansion. With the Fox Theatre, North Avenue MARTA Station, and abundant corporate and institutional demand at its doorstep, the hotel enjoys an exceptional, highly connected location in Atlanta’s urban core. About
Hodges Ward Elliott
Contact:
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