OTO Development Adds DoubleTree by Hilton in North Redington Beach to Its Portfolio

SPARTANBURG, South Carolina—OTO Development has added the DoubleTree by Hilton in North Redington Beach, Florida, to its growing beachfront portfolio. South Carolina-based OTO Development, which is part of The Johnson Group, acquired DoubleTree Beach Resort by Hilton Tampa Bay-North Redington Beach from the property’s original private ownership group. The transaction, brokered by The Plasencia Group, closed on July 18. “We are so intrigued by this DoubleTree, which has long been loved for its ideal location […]

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