The Fairfield Inn & Suites by Marriott off Essen Lane has been sold to Mississippi-based investors for nearly $3.5 million.
Mississippi-based Prestige Hospitality Investments LLC bought the property from a New York investment group, Hospitality Investment Trust, which sold the property through a subsidiary LLC.
The New York firm has sold several of its Baton Rouge properties since August, including two hotels near Baton Rouge General that sold for $10 million.
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