Vinik development group buys Tampa Marriott Waterside, marina

BUYER: MWS Hotel LLC (CEO: Jac Sperling), Tampa
SELLER: HMC Hotel Development LP
PROPERTY: 700 S. Florida Ave., Tampa
PRICE: $150 million
PREVIOUS PRICE: $1.1 million, April 2001
LAW FIRM ON DEED: Andrews Kurth LLP, Dallas

PLANS, DESCRIPTION:
Strategic Property Partners LLC, Tampa Bay Lightning owner Jeff Vinik's development company, purchased the 719-room Tampa Marriott Waterside Hotel & Marina for $150 million.

The price equated to $208,623 per room.