Minnesota's TPI Hospitality buys Pierview Hotel & Suites

  • By Business Observer Staff
  • | 11:00 a.m. September 4, 2015
  • Charlotte–Lee–Collier
  • Share

BUYER: Grand Resort II-Ft. Myers Beach LLC (manager: Thomas Torgerson), Willmar, Minn.
SELLER: Shree Somnath LLC
PROPERTY: 1160 Estero Blvd., Fort Myers Beach
PRICE: $10.9 million
PREVIOUS PRICE: $7.5 million, Citizens Alliance Bank
LAW FIRM ON DEED: Duncan & Associates PA, Fort Myers

 

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