crefeed.com | Columbia Sussex acquires Sanibel Harbour Resort & Spa

8/10/2007

Columbia Sussex acquires Sanibel Harbour Resort & Spa

Sanibel Harbour Resort & Spa

Sanibel Harbour Resort & Spa

Columbia Sussex purchased the Sanibel Harbour Resort & Spa in Fort Myers, Fla. from Sanibel II Limited Partnership for an undisclosed price on Aug. 10.

Cushman & Wakefield Sonnenblick Goldman brokered the transaction, which represents the first hotel transaction for the newly-formed firm.

The 385-room resort is located on 85 acres in the Punta Rassa peninsula. It features 45,000 sq. feet of conference space, a 40,000 sq. foot fitness center and spa, five clay tennis courts, a private beach area, a 19-slip marina, and seven food and beverage outlets.

The resort, which opened in 1989, was developed by Liberty Mutual Insurance Corp..

The resort underwent a $40 million, 18-month repair and upgrade following the damage that was caused by Hurricane Charley in Aug. 2004.

Fort Mitchell, Ky.-based Columbia Sussex boasts a portfolio of over 80 hotels and casinos in 30 states.

Address: 17260 Harbour Pointe Dr., Fort Meyers, Fla.

Size: 385 rooms, 85 acres

Built: 1985

Filed Under: Hotel/Resort

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