Thursday, December 3, 2015

TJM Pays $15M for Radisson Philadelphia Northeast

TJM Properties, a Florida-based property investment and development firm, acquired the 274-room Radisson Philadelphia Northeast hotel at 2400 Old Lincoln Hwy in Trevose, PA from Haverford Hotel Partners LP for $15 million, or about $55,000 per keycard.

The six-story, 205,011-square-foot hospitality building was constructed in 1974, located 30 miles from the Philadelphia International Airport.

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