Loci Capital Group and HHM sold the Hilton St. Petersburg Carillon Park, a 227-room, nine-story hotel located in the Carillon Business Park submarket of St. Petersburg. The Birmingham Business Journal reports the hotel traded for $37.3 million, or $164,000 a room. The property, located at 950 Lake Carillon Drive, last sold in 2021 for $31.7 million. Highline Hospitality was the buyer.

Built in 2006, the Hilton Carillon has 227 rooms and occupies 3.92 acres.

Since acquisition, the partnership invested in a series of improvements, including a complete food & beverage rebrand and renovation, the addition of a Starbucks outlet, ballroom and pre-function renovations, and a model guestroom renovation in 2025 in preparation for a full guestroom renovation program.

Highline Hospitality Partners recently also purchased the 510-room Hilton Atlanta Airport for $111.3 million.