For Star subscribers: The 88-year-old hotel with 102 rooms in midtown Tucson has been sold to Chicago investors.
The 102-room hotel at 306 N. Alvenon Way was bought by Atria Hotel for $16 million, Pima County Recorder's documents show.
“Set against the Santa Catalina Mountains and near the University of Arizona and University of Arizona Medical Center, the property’s hacienda-style accommodations offered an excellent opportunity for new ownership to capitalize and continue the hotels recovery that has accelerated post pandemic in the sought-after Tucson hotel market,” said Murney, executive managing director. “The Lodge has had a great run...including creating a strategic local following at Cielo’s, the resorts restaurant.
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