Global investment firm Kohlberg Kravis Roberts and Company bought The Homewood Suites by Hilton at the corner of Corporate Boulevard and CitiPlace Court for $12.9 million on Wednesday.
Kohlberg Kravis and Roberts is based in New York. The seller was Chatham Lodging Trust, a real estate investment trust out of Florida.
The property includes 3 acres across two lots, one containing the hotel and one containing a driveway.
Neither representatives from Kohlberg Kravis and Roberts nor Chatham Lodging Trust could be reached for comment before this afternoon’s publication deadline.