Investment partnership buys Hilton Garden Inn

BUYER: W/E Temple Terrace LLC (manager: Marc Porosoff and Jordan Socaransky), Wilton, Conn.
SELLER: JPMCC 2006-LDP9 Temple Terrace LLC
PROPERTY: 13305 Tampa Oaks Blvd., Temple Terrace
PRICE: $11.15 million
PREVIOUS PRICE: $14.7 million, October 2006
LAW FIRM ON DEED: Kilpatrick Townsend & Stockton LLP, Atlanta

PLANS, DESCRIPTION:
Washington, D.C.-based private equity firm Excel Group and Wilton, Conn., investment-management company Westport Capital Partners LLC purchased the 148-room Hilton Garden Inn Tampa North for $11.15 million.

The price equated to $75,338 per unit.