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The Blackstone Group Sells SpringHill Suites By Marriott Colonnade Birmingham

Peachtree Hotel Group Acquires 120-Room Hotel in Colonnade Corporate Center
By Raven Robinson
September 22, 2016 | 7:41 P.M.

Peachtree Hotel Group, an Atlanta-based development and investment company that has invested more than $1 billion in the hospitality sector, finalized a deal with The Blackstone Group (NYSE: BX) to acquire the 120-room SpringHill Suites by Marriott Colonnade in southeast Birmingham, AL for an undisclosed amount.

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