Tuesday, August 6, 2024
reading time: 2 minutes
Noble Investment Group (“Noble”) has unveiled its latest acquisition, Courtyard by Marriott Jacksonville Beach Oceanfront. Located directly on Jacksonville Beach, the hotel will soon undergo a complete renovation, with upgrades planned for all guest rooms, suites, public spaces, as well as meeting and event facilities.
Jacksonville, Florida stands out as a dynamic urban center known for its exceptional quality of life and favorable business climate. According to 2024 census data, Jacksonville is among the fastest growing cities in the United States, has been recognized by Wallet Hub as one of the best big cities to start a business and by the Wall Street Journal as one of the hottest job markets in America. Additionally, it has been named one of the top 10 places to live on the East Coast by Travel + Leisure and one of the best places to live in the United States by U.S. News & World Report.
The vibrant, walkable coastal city of Jacksonville Beach is known for its vibrant local culture, extensive entertainment opportunities and family-friendly environment. The hotel’s prime waterfront location provides direct access to Jacksonville Beach, the Jacksonville Beach Pier, Adventure Landing and a variety of dining and shopping options. It also offers easy access to major local attractions, including the Mayo Clinic Jacksonville, Blue Cross Blue Shield of Florida Headquarters and St. Johns Town Center.
“The greater Jacksonville market continues to exhibit the key macro trends we look for in cities that we believe will continue to outperform the broader economy.” Dustin Fisher said“This high-quality asset will undergo a significant upgrade, allowing the hotel to capitalize on the depth and breadth of demand in the leisure, healthcare, corporate and government sectors,” said Noble’s Senior Vice President.
About Noble Investment Group
Noble Investment Group is a premier real estate investment management firm with a focus on the travel and hospitality sectors. Over the past 30 years, Noble has committed more than $6.0 billion to communities across the country, enhancing value through various market cycles and contributing significantly to job creation. Noble has been recognized as one of the Top 200 Global Investment Management Firms by PERE and has been honored as a Best Place to Work by both Pensions & Investments and the Atlanta Business Chronicle.
Noble serves as a trustee for institutional investors—including major pension plans, endowments, foundations, wealth management firms, and insurance companies—and is committed to preserving and growing capital for its limited partners. This commitment plays a critical role in funding retirement benefits for teachers, law enforcement officers, firefighters, and other retirees, as well as supporting educational opportunities for students.
