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Noble Investment Group Acquires LaGrange Hotel Site for New Marriott StudioRes Property

Burstable News - Business and Technology News April 2, 2025
By Burstable News Staff
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Noble Investment Group Acquires LaGrange Hotel Site for New Marriott StudioRes Property

Summary

A strategic land acquisition in LaGrange, Georgia, will bring a new 124-room StudioRes by Marriott to the region, targeting the growing demand for affordable, extended-stay accommodations near Interstate 85.

Full Article

A new hotel development is set to emerge in LaGrange, Georgia, after Noble Investment Group purchased a 2-acre site for $1.5 million in the Sola mixed-use development. The property, located at 101 Timberwolf Drive near the Interstate 85/Whiteville Road interchange, will become a 4-story StudioRes by Marriott, featuring 124 rooms designed for longer-stay travelers.

The strategic location adjacent to Great Wolf Lodge Water Park positions the hotel to capitalize on regional tourism and business travel demands. Marriott's StudioRes brand targets travelers seeking affordable extended-stay options with amenities including fully furnished studios, queen beds, kitchenettes, workspaces, a fitness room, and communal areas.

Brokered by Ackerman/Pioneer Land Advisory Group professionals John Speros, JT Speros, and Kyle Gable, the transaction represents the firm's continued success in facilitating significant real estate developments. The company has previously brokered over $600 million in transactions across the Southeast, contributing to numerous housing and commercial real estate projects.

This development reflects the ongoing expansion of hospitality infrastructure in growing regional markets, providing increased accommodation options for travelers while supporting local economic development.

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