March 29, 2024

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Truly Business

DoubleTree by Hilton downtown sells for about $21 million | Nearby Organization News

2 min read

A 40-12 months-old hotel in downtown Tulsa has a new owner.

The DoubleTree by Hilton hotel, 616 W. Seventh St., was ordered this thirty day period for $20,986,146, according to land data.

The purchaser is Tulsa 7th St. Resort, LLC, which is registered below Oklahoma Town developer Mark Beffort, Oklahoma Secretary of Point out information indicate.

Beffort is CEO of the Oklahoma Town-based professional true estate agency Newmark Robinson Park, which has an business office in Tulsa. Tulsa Lodge Property, LLC, ordered the DoubleTree in 2018, in accordance to the Tulsa County Assessor’s Place of work.

“The DoubleTree by Hilton Tulsa Downtown has a longstanding, strong existence in Tulsa’s city core,” Beffort wrote in a statement to the Tulsa World. “This asset will remain branded as a DoubleTree as we go on to create a robust partnership with Hilton and worth them as a spouse in our resort technique.”

The 17-tale DoubleTree downtown was constructed in 1981 and has 417 visitor rooms and an adjacent parking garage. It is related by a sky bridge to the Cox Enterprise Convention Heart, which previous yr celebrated the completion of a $55 million, two-calendar year Eyesight Tulsa renovation.

Also in the works near the resort is the conversion of the Edmondson and Kerr state office buildings into a new U.S. Veterans Affairs medical center.

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