A six-story Phoenix office tower dating to 1922 has sold for $10.3 million, and its new owner Aperture Hotels plans to turn the century-old Ellis Building downtown into a Marriott hotel with around 100 rooms
- A historic office building in downtown Phoenix is set for a new chapter as the city continues to repurpose older commercial properties for hospitality.
- The Ellis Building, a six-story structure dating to the early 20th century, has been acquired by hotel developer Aperture Hotels, which plans to transform the property into a boutique hotel under Marriott’s Tribute Portfolio brand.
- According to reporting by The Arizona Republic, published through the USA Today Network, and property information from real estate database Vizzda and brokerage NewGen Advisory, the building sold for $10.3 million, w
Unverified
- A historic office building in downtown Phoenix is set for a new chapter as the city continues to repurpose older commercial properties for hospitality.
- The Ellis Building, a six-story structure dating to the early 20th century, has been acquired by hotel developer Aperture Hotels, which plans to transform the property into a boutique hotel under Marriott’s Tribute Portfolio brand.
- According to reporting by The Arizona Republic, published through the USA Today Network, and property information from real estate database Vizzda and brokerage NewGen Advisory, the building sold for $10.3 million, w
Sources: Times of India