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Home » Arizona Firm Acquires Marriott in Mesa, AZ
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Arizona Firm Acquires Marriott in Mesa, AZ

By Hotel BusinessMarch 8, 20162 Mins Read
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Phoenix Marriott Mesa's lobby
Phoenix Marriott Mesa's lobby

MESA, AZ—Arizona-based Ensemble Real Estate Solutions & Investments has closed on the 12-story, 276-room Phoenix Marriott Mesa hotel located in downtown Mesa at 200 N. Centennial Way. Ensemble will maintain the Marriott brand and will invest $13 million to renovate the property.

“We welcome Ensemble as an important partner with the city as they bring new life to one of downtown Mesa’s crucial assets,” City of Mesa Mayor John Giles said. “The Phoenix Marriott Mesa renovation project is a key component in the reemergence of our downtown as a place for business, education and entertainment.”

Ensemble plans a “top to bottom” renovation of all public spaces; guestrooms; food and beverage outlets; and pre-function/function spaces. The majority of the renovations will be implemented during the summer of 2017 to position the property for the 2017-18 peak season. Ensemble has chosen Evolution Hospitality to manage the hotel.

“One of Ensemble’s first investments was in Mesa in 1990, and we are thrilled to be renewing that long relationship with the acquisition and renovation of the Phoenix Marriott Mesa,” said Randy McGrane, managing director of Ensemble. “We’ve seen what the city is doing to transform downtown Mesa’s core, and that was a key reason we selected this asset. Our plan is to make the Phoenix Marriott Mesa a showcase property, as it marks our first hospitality investment in our corporate office location’s backyard.”

The property adjacent to the 33,000-sq.-ft. Mesa Convention Center and 5,000-capacity outdoor Mesa Amphitheatre. Close by are Hohokam Stadium, the spring training home of the Oakland A’s; Sloan Park, the spring training home of the Chicago Cubs; the Mesa Arts Center; and numerous museums, retail shops and restaurants.

“Visit Mesa is looking forward to collaborating with the sales and marketing team at the Marriott to book business in downtown Mesa and capitalize on Ensemble’s investment in the revitalization of downtown Mesa,” said Marc Garcia, CEO and president of Visit Mesa.

Acquisitions Ensemble Real Estate Solutions & Investments Phoenix Marriott Mesa
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