Colliers International Hotels is pleased to announce the sale of the 575-room Courtyard by
Marriott Toronto Downtown on behalf of Highgate Hotels to Groupe Jesta.
Ideally located between the prestigious Bloor-Yorkville neighbourhood to the north and financial core to the south, this 575-room full-service hotel is the world’s largest Courtyard by Marriott, and includes ±14,000 SF of meeting space, 108 parking spaces in a 2-level underground garage, approximately 10,000 SF of ground floor retail space and a variety of amenities. The Property is situated in an irreplaceable downtown location in the nation’s largest City, near an abundance of attractions and demand generators, including the Toronto Eaton Centre, Queen’s Park, and the University of Toronto and Ryerson University campuses.
The Hotel sold to Groupe Jesta, a leading real estate and management company, with offices in Montreal, New York, London, Paris and Berlin, offering a global portfolio of commercial office, retail, residential, industrial, and hospitality properties.
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