Berkadia Negotiates Hotel Sale in Tampa, Florida
Tampa, Florida – May 20, 2025 – Berkadia, a distinguished leader in the commercial real estate sector, announced today the sale of Hampton Inn Tampa East (Casino Area), a 74-unit limited-service hotel property in Tampa, Florida. Associate Director Kyle Sahlsten of Berkadia Hotels & Hospitality led the transaction on behalf of the seller, Tampa-based Liberty Group.
Hampton Inn Tampa East (Casino Area) sold to Tampa-based KMD Hospitality Management on May 15.
“The Tampa East submarket and greater Tampa market remain extremely liquid and are generating significant investor interest,” said Sahlsten. “Zooming out, the entire I-4 corridor has garnered national interest in the wake of tangible population and job growth, major corporate relocations, and billions of both private and public investments, which has led to sustained RevPAR growth. Also, rising PIP and construction costs are at the top of investor’s minds, and this being a fully renovated, turn-key opportunity contributed to the success of this sale.”
Located at 11740 Tampa Gateway Blvd., the property affords convenient access to Downtown Tampa, anchor leisure venues, the cruise port, and millions of square feet of office and industrial inventory. Hampton Inn Tampa East (Casino Area) was built in 2005 and features 74-units and was fully renovated in 2023.
Berkadia Hotels & Hospitality combines best-in-industry innovation, knowledge, and experience with the most comprehensive suite of products and services. Berkadia Hotels & Hospitality serves clients across the country, offering capital markets advisory, investment sales, underwriting and loan origination services as well as Life Company, and Proprietary Bridge Lending. As specialized partners, we empower clients to capitalize on the right opportunities at the greatest value.
Tampa hotel sells for $9.65 million to local buyer | Business Observer
Berkadia Negotiates Sale of Hampton Inn tampa East (Casino Area) | Lodging Magazine
KMD Hospitality buys Tampa Hampton Inn | Hotel Management Magazine