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Lasalle Hotel Properties Pays $20M for Sheraton Bloomington

Platinum Equites Plans Renovations on the 564-Room Hotel
By Emily Orschiedt
February 2, 2011 | 8:40 P.M.

Platinum Equity, a merger, acquisitions and operations firm, purchased the 564-room hotel in Edina, MN from LaSalle Hotel Properties for $20 million, or about $35,461 per room.

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