Galleria Hotel Sold to MPI


The Sheraton Suites that sits at the intersection of 285 and 75 has been sold for $21 million. Mall Properties Inc., which owns the Akers Mill Square retail center located one mile from the Sheraton Suites, is planning numerous improvements to the 277-room hotel. MPI plans to spend $9 million on upgrading all guest rooms, expanding the fitness facility, improving all food and beverage facilities, and constructing a Sheraton Club Lounge.


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