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Transactions - AUGUST 8, 2024

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Noble acquires Courtyard by Marriott Jacksonville Beach Oceanfront

by RELEASED

Noble Investment Group announced the acquisition of the Courtyard by Marriott Jacksonville Beach Oceanfront in Jacksonville, Fla. Located on the shores of Jacksonville Beach, the hotel will undergo a comprehensive enhancement to all hotel guestrooms and suites, public areas, and meeting and event spaces.

The hotel's oceanfront location offers direct access to the Jacksonville Beach, the Jacksonville Beach Pier, Adventure Landing and numerous dining and shopping venues. The hotel provides access to the area’s primary demand generators, such as the Mayo Clinic Jacksonville, Blue Cross Blue Shield's Florida headquarters and St. Johns Town Center.

“The greater Jacksonville market continues to exhibit the key macro trends we look for in cities that we believe will continue to outperform the broader economy,” said Dustin Fisher, senior vice president at Noble.

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