Crowne Plaza Atlanta Perimeter at Ravinia

JLL’s Hotels & Hospitality Group has been exclusively engaged to advise on the sale of the fee simple interest in the Crowne Plaza Atlanta Perimeter at Ravinia (the “Offering,” “Property,” or “Hotel”), a 495-key, full-service hotel located at 4355 Ashford Dunwoody Road NE in the heart of Atlanta’s Central Perimeter. The Hotel currently operates under a short-term brand and management agreement extension with IHG that terminates in January 2027, effectively positioning the Property as a fully unencumbered offering and handing an incoming owner a rare clean slate to select its preferred brand and operator from day one, without transition penalties or disentanglement costs.

The Hotel is institutionally owned and maintained to the highest industry standards, and richly amenitized with a fitness center, two on-site restaurants leveraging Kimpton's food and beverage expertise, an indoor pool, and on-site parking. The Property underwent a comprehensive renovation in 2019 encompassing guestrooms, public areas, food and beverage and meeting space, leaving the asset in excellent physical condition. The Property benefits from the Central Perimeter's booming office corridor, which is the largest office submarket in Atlanta and the Southeast, anchored by a deep base of corporate headquarters, including Mercedes-Benz (USA), Coca-Cola, the Home Depot, Delta Air Lines, and UPS, and immediately adjacent to IHG's Headquarters. A rebounding submarket, a robust food and beverage and group platform, and a clear runway to optimize operations under new management and a new flag combine to make this a compelling, well-located, full-service opportunity. Supported by Atlanta's standing as the 6th-largest MSA, and sustained corporate relocations and population growth, the Offering represents a rare opportunity to acquire a best-in-class, highly efficient hotel - free and clear - in one of the Southeast's most dynamic growth locations.