TORONTO — The Holiday Inn Mississauga Toronto West has been sold.
The 138-room property received substantial interest from a range of investor groups but was purchased by a private investor from Mississauga, Ont.-based InnVest REIT for $8.85 million. Toronto-based Colliers International Hotels acted as the adviser on the September transaction.
Holiday Inn Mississauga Toronto West is located at the major intersection of Hurontario Street and Britannia Road East, near the Toronto Pearson International Airport. The hotel offers 1,800 sq. ft. of meeting space, a full-service restaurant and a fitness centre. Guestrooms include 40-inch flat-screen TVs, a workstation with an ergonomic chair and free Wi-Fi.