VP Hospitality purchased the Fairfield Inn & Suites Atlanta Vinings/Galleria from an institutional seller. Hunter Hotel Advisors’ Mayank Patel, senior vice president, facilitated the transaction. Other terms and conditions were not disclosed.
"The Fairfield Inn & Suites Atlanta Vinings/Galleria serves as a prime example of successfully matching a strong regional owner with a large institution,” Patel said in a statement. “The buyer plans to leverage their entrepreneurial skills to implement a significant renovation, aimed at enhancing market share.”
"We appreciate Mayank's efforts in helping us finalize this transaction,” said Kirit Patel, president of VP Hospitality.
Sitting along the northeast perimeter of Atlanta, the Fairfield Inn & Suites Atlanta Vinings/Galleria is close to Lockheed Martin Aeronautics, The Home Depot, ThyssenKrupp Elevator and Hartsfield-Jackson International Airport. The 142-key Fairfield Inn & Suites Atlanta Vinings/Galleria has an outdoor pool and 24-7 access to an on-site fitness center.