Brookfield scoops up Phoenix’s largest hotel
🏨 Blackstone sold the 1,003-room Sheraton Phoenix Downtown to Brookfield Asset Management. Located in Phoenix, it features 112,000 sq. ft. of meeting space, including the 27,200 sq. ft. Phoenix Ballroom. Opened in 2008 and renovated for $45 million in 2020, the hotel spans 806,481 sq. ft. It offers three dining venues, a 4,300 sq. ft. fitness center, and an outdoor pool. 🏨
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