An Orlando, Florida-based commercial real estate firm has purchased the Hilton Baton Rouge Capitol Center, a prominent 291-room hotel located in the heart of downtown Baton Rouge. The acquisition marks a significant transaction for the downtown hospitality sector.
Key Takeaways
- Northshore Development, a Florida firm, is the new owner of the Hilton Baton Rouge Capitol Center.
- The hotel features 291 rooms and is situated in downtown Baton Rouge.
- The seller was an Ohio-based entity.
New Ownership for Downtown Landmark
Northshore Development has officially acquired the Hilton Baton Rouge Capitol Center. This 291-room hotel, a fixture in downtown Baton Rouge, has a new owner based in Orlando, Florida. The transaction involved the sale of the property from its previous owner, an Ohio-based company.
The acquisition is expected to bring new investment and potentially updated strategies to the downtown hotel, which plays a role in the city’s business and tourism landscape. Further details regarding the future plans for the Hilton Baton Rouge Capitol Center have not yet been disclosed.
Sources
- Florida-real estate company buys downtown Hilton Baton Rouge Capitol Center, WBRZ.
- Downtown Hilton Capitol Center acquired by Florida firm, Baton Rouge Business Report.