Dec
20

InnPlace Suites in Columbia Sold

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Hodges Ward Elliott’s Select Service Division represented ING Clarion Partners as the exclusive advisor in the sale of the InnPlace Suites Columbia, South Carolina to North Carolina-based Suite Development, Inc. for an undisclosed price.

The sale was an all-cash transaction, the property will undergo renovations, and be repositioned with Affordable Suites of America.

“Smaller transactions will continue to be financed and closed, especially with the financial strength and experience of the Buyers we introduce to opportunities,” said Anthony A. Falor, Managing Director of Hodges Ward Elliott’s Select Service Division, who handled the transaction.

The two-story, 128-room property is located along Interstate 126 near downtown Columbia, South Carolina and Fort Jackson.
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