Maryland-based Harrison Group Hotels bought the Four Points by Sheraton Jacksonville Beachfront on Nov. 15 for $36.75 million.
The six-story, 80-suite oceanfront hotel at 11 N. First St. in Jacksonville Beach sold for $459,375 a unit.
Oceanfront Lodging II Inc. of Ponte Vedra Beach sold the property to Harrison Jacksonville LLC of Ocean City, Maryland.
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