Miami Heat: The Conrad SOLD for a Mere $65 Million
So, what do you get for $65 million big ones? Just ask E.I. American Real Estate Corp., a Florida corporation, that purchased the new 203-room Conrad Miami Hotel.
"The 250,000 square-foot purchase includes 30,000 square feet of meeting and ballroom space, the sky lobby, restaurants, kitchens, bars, ground floor lobby, recreation center featuring two tennis courts and a swimming pool on the garage roof and 20,000 square feet of back-house storage."—BusinessWire.com
Don't forget about all that glass. I can't imagine how much was spent in windows....The Conrad Miami, a luxury offshoot of the Hilton family, was designed by designed by firms Kohn, Peterson and Fox and opened July of this year.
"Each of the 203 guest rooms and 116 suites is finely appointed with contemporary furniture and feature a pillow menu, two phone lines, personalized stationery, 27-inch flat-screen TV and DVD player and a separate bathtub and shower plus a bath service menu in conjunction with Spa Conrad. The hotel also offers complimentary Hi-Fi and Wi-Fi throughout the building.—HotelMotel.com
Related Stories:
· "A Star is Born: The Conrad Miami is Now Open" [Forbes.com]
· "Dude, Dubai, You're Getting A Conrad" [HotelChatter.com]
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