Thompson Calhoun Fair, LLC, an Atlanta-based hotel real estate services firm, announced today it advised Davis Bros. of Georgia, Inc. on the sale of the 96-room Super 8 Motel located along Interstate 75 in Ocala, Florida. Included on the 6.3 acres is a freestanding restaurant building and ample guest parking. The two-story, exterior-corridor hotel will under go a renovation and will remain affiliated with Super 8 Motels. The property was sold to Baba, Inc., for an undisclosed amount.
Mark H. von Dwingelo, vice president of the firm stated, “We are diligently working with Davis Bros. Incorporated, the parent company, to strategically address its hospitality real estate holdings. Where as Baba, Inc.‘s local market familiarity and renovation plans will enhance their investment in the hotel, Thompson Calhoun Fair, LLC is satisfied that the needs of both parties have been met”