Noble Investment Group expands its investment portfolio with Courtyard by Marriott project | kbnmart

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Noble Investment Group (“Noble”) announced the purchase of Courtyard by Marriott Jacksonville Beach Oceanfront. Located directly on Jacksonville Beach, the hotel will undergo significant upgrades to guest rooms, public spaces and meeting facilities.

Jacksonville, Florida is rapidly growing, becoming one of the fastest-growing metropolitan areas in the United States. According to the latest 2024 census data, the city ranks high for quality of life and business-friendly climate. Wallet Hub has recognized it as a prime location for new businesses and The Wall Street Journal has recognized it as one of the hottest job markets in America. Additionally, Travel + Leisure has named Jacksonville one of the top 10 places to live on the East Coast and U.S. News & World Report has named it one of the best places to live in the United States.

Jacksonville Beach is a vibrant, pedestrian-friendly coastal area known for its dynamic local culture, wide array of entertainment options and family-friendly atmosphere. The hotel’s prime waterfront location provides easy access to the beach, Jacksonville Beach Pier, Adventure Landing and numerous dining and shopping options. It is also conveniently located near major regional attractions, including Mayo Clinic Jacksonville, Blue Cross Blue Shield 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,” he said. Dustin Fisher Noble Senior Vice President: “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.”