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

TL;DR

Noble Investment Group gains advantage with $1.5 million purchase for Marriott-branded hotel development in LaGrange, GA.

Ackerman/Pioneer brokers facilitate Noble Investment Group's acquisition of 2-acre site for 124-room StudioRes by Marriott.

Marriott's StudioRes brand offers affordable longer stay options with amenities, enhancing travel experiences for guests.

Strategic location near Great Wolf Lodge Water Park makes new Marriott hotel an exciting addition to LaGrange's hospitality landscape.

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

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.

Curated from 24-7 Press Release

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