Starwood Hotels & Resorts Worldwide, Inc., has completed the sale of the 275-room Atlanta Perimeter Hotel & Suites to RockBridge Partners. The property is located just north of Atlanta’s City Center. It will be managed by Wischermann Partners Inc. and continue to be affiliated with
Starwood Hotels & Resorts. It will fly Starwood’s Le Méridien flag. “Le Méridien brand’s success under Starwood is catching the attention of great owners and developers, such as RockBridge, and is driving high-profile deals in primary locations across North America,” said Allison Reid, senior VP, Starwood Acquisitions and Development, North America. “We are so pleased to again work with RockBridge on our third conversion opportunity, following the newly opened Sheraton Stamford and Sheraton Ann Arbor, as they, along with Wischermann Partners, share in our vision for the property. We look forward to collaborating with them to bring Le Méridien to the Atlanta market.” Le Méridien has gone through a full brand re-launch. The company has recently added locations in Arlington, Virginia, Philadelphia, Pennsylvania, and Minneapolis, Minnesota. RockBridge will make extensive property enhancements within the next 18-months to the hotel.
