Published on HamptonRoads.com | PilotOnline.com (http://hamptonroads.com)
Blenheim buys Virginia Beach Holiday Inn for $14.25 million

VIRGINIA BEACH

The Holiday Inn Executive Center has been sold for $14.25 million, CB Richard Ellis announced.

Blenheim Capital acquired the 331-room hotel at 5655 Greenwich Road in Virginia Beach from MMA Realty. Blenheim plans to spend $6 million to renovate the hotel, a popular business meeting facility. It will continue to operate as a Holiday Inn.

Source URL (retrieved on 10/14/2008 - 07:54): http://hamptonroads.com/2008/01/blenheim-buys-virginia-beach-holiday-inn-1425-million