Skip Ribbon Commands
Skip to main content

Case Study

Sale Completed in 5 Months - Despite Tightening of Debt Markets

Jones Lang LaSalle's Hotels & Hospitality Group represented C-III Capital Partners, LLC in the sale of the 124-room Comfort Suites Chesapeake.
The property is strategically located in the Hampton Roads MSA, adjacent to the Hampton Roads Beltway (Interstate 64) which provides convenient access to major area business and leisure demand generators. Hampton Roads is home to one of the largest concentrations of Department of Defense personnel in the United States, the largest naval base in the world, and the only NATO command in the U.S.
The hotel offered attractive upside potential upon completion of a renovation, positioning the hotel to increase market share.
Despite the tightening of the debt markets that occurred in August, Jones Lang LaSalle's Select Service team completed the sale in less than five months from the launch of the marketing campaign. Landmark Hotel Group acquired the hotel in February 2012. 
For more information please contact Al Calhoun.

All case studies



Orange Regional Medical Center/united-states/en-us/case-studies/510/orange-regional-medical-centerOrange Regional Medical CenterA campus expansion plan that encompasses an owner constructed and financed, new physician office building incorporating an ambulatory care center, along with an attached but separate cancer center addition and renovation. A consolidation and enhancement of outpatient care services on the Main Campus, for a collaborative and interdisciplinary approach for outpatient diagnostic and treatment services.
UCSF Benioff Children’s Hospital Oakland/united-states/en-us/case-studies/511/ucsf-benioff-childrens-hospital-oaklandUCSF Benioff Children’s Hospital OaklandUCSF Benioff Children's Hospital was designed in 3 separate zones: patient, caregiver and family, ensuring that “family centered” concepts were followed.
NetScout/united-states/en-us/case-studies/512/netscoutNetScoutNetScout was dealing with surplus space in their corporate office and interested in finding a more efficient solution. So JLL's Tenant Representation team jumped into action.