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Joint Venture Pays Record $605 Million for Arizona's Largest Resort

JW Marriott Desert Ridge Resort & Spa Fetches Fetches More Than $633,600 Per Room
JW Marriott Desert Ridge Resort & Spa was built in 2002. (CoStar)
JW Marriott Desert Ridge Resort & Spa was built in 2002. (CoStar)
CoStar News
September 5, 2019 | 1:30 P.M.

A joint venture bought the 950-room JW Marriott Desert Ridge Resort & Spa in Phoenix for $605 million in the largest sale of a hotel and resort property in Arizona history.

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