HREC Investment Advisors arranged the sale of the 242-room Sheraton Cleveland Airport Hotel located in Cleveland, Ohio. Ted Anka, VP in HREC Investment Advisors’ Chicago and Miami offices, advised both buyer, Lakshmi Narayan Hospitality Group, and seller, Hopkins Partners, during the transaction.
Located only a mile from the Hopkins International Airport and 12 miles from downtown Cleveland, the Sheraton benefits from demand generators such as the Browns Stadium, Progressive Field, Quicken Loans Arena, Rock & Roll Hall of Fame, the Cleveland Science Center and both the Hopkins International Airport and Burke Lakefront Airport.