Historic St. Petersburg hotel property sells for $29 million

An Atlanta investment firm bought the Marriott hotel in downtown from The Blackstone Group.

  • By Louis Llovio
  • | 4:29 p.m. October 31, 2022
  • | 0 Free Articles Remaining!
An Atlanta investment firm bought the Marriott hotel in downtown, once the Pennsylvania Hotel. (Courtesy photo)
An Atlanta investment firm bought the Marriott hotel in downtown, once the Pennsylvania Hotel. (Courtesy photo)
  • Tampa Bay-Lakeland
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A 128-room hotel in St. Petersburg with roots going back almost 100 years has sold.

The Courtyard by Marriott St. Petersburg Downtown went to the Atlanta real estate investment firm The RADCO Cos., which paid $29.1 million.

 

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