Cushman & Wakefield has been exclusively retained to offer for sale the fee-simple interest in the 127-room Hyatt Place Phoenix/Gilbert (the “Hotel” or “Property”). Located at 3275 S. Market Street, Gilbert, Arizona, the Property is in the heart of Gilbert, which is home to World-class companies and ranked No.1 for office development in the U.S.  Gilbert is located at the northeast corner of the Loop 202/Santan Freeway and Val Vista Drive (cloverleaf interchange). Gilbert is ±20 miles southeast of Phoenix and central to many Valley attractions.

• Upside with PIP completion - The Trailing 12-month RevPAR is 89.80, indexing at 72.1 against the competitive set.  Upon completion of the guestroom upgrades to renovate the Hotel provides the opportunity to drive RevPAR further and grow market share against higher-rated properties throughout the East Valley.
• Strong & Emerging Submarket - The Gilbert–Mesa market, located in Phoenix’s rapidly expanding East Valley, benefits from a powerful mix of affluent demographics, strong visitor spending, and ongoing corporate investment. Gilbert, with a population approaching 290,000, is among the fastest-growing communities in Arizona and boasts a highly educated workforce. Mesa serves as the region’s tourism and employment hub, generating nearly $750 million in annual visitor spending. The city also benefits from Phoenix-Mesa Gateway Airport, which continues to set passenger records and anchor new aerospace, manufacturing, and logistics investment nearby. Together, Gilbert and Mesa provide a balanced demand base, ranging from leisure and family travel to corporate, group, and airline-related business, creating a stable and diverse lodging environment with strong potential for sustained revenue growth.
• Excellent Location - The Hotel is well located off Loop 202 Freeway and Val Vista Rd, offering immediate and convenient access to the largest demand drivers in the East Valley.  The six-story building provides great visibility from the freeway and is a short drive to Mesa Gateway Airport and less than 30 minutes from Sky Harbor Airport.
• Leading Brand Affiliation & Only Hyatt in Submarket - This property holds a unique position in the East Valley as the only Hyatt affiliated hotel in the Gilbert market, with no other Hyatt-branded hotels located within 8+ miles. The exclusivity provides a clear competitive advantage by capturing loyalty-driven business from over 58 million World of Hyatt members. With no nearby Hyatt alternatives, the property benefits from brand-driven rate integrity and repeat business.
• Fee Simple, Institutional Quality Property - The Hotels are available fee simple, unencumbered by management and operates with non-union labor, offering additional upside potential and maximum operational flexibility that can lead to stronger performance and demand levels.
• Offered Well Below Replacement Cost - The six-story property is constructed with concrete block, offering long-term structural stability and reduced maintenance compared to typical wood-frame builds. The Property is offered well below replacement cost, providing the opportunity to acquire a high-quality, institutional-grade hotel at a significant discount to today’s development costs.

Bill Murney
Executive Managing Director
Cushman & Wakefield
(602) 499-5535

Mike Montoya

Director
Cushman & Wakefield
(480) 225-2594

Bub Bergstrom
Senior Associate
Cushman & Wakefield
(310) 213-3144

Aly Murney
Associate
Cushman & Wakefield
(602) 819-0894