DALLAS—Woodbine Legacy Investments (WLI) has purchased W Atlanta-Buckhead. The 12-story, 291-room full-service hotel marks the second acquisition for WLI, a private real estate fund created by Woodbine Development Corporation. Mark Elliott and Todd Ratliff of Hodges Ward Elliott served as the brokers for the transaction. Marriott International will continue to serve as the hotel’s operator.
W Atlanta-Buckhead’s amenity lineup includes three F&B outlets: Cook Hall, Living Room and Buckhead’s only rooftop bar, Whiskey Blue. Scott Gerber, principal and CEO of Gerber Group that owns and operates Whiskey Blue, intends to evolve and update the bar to complement the major renovation WLI is planning for the hotel.
Other offerings at the property include a 24-hour fitness center; yoga, barre and boot camp classes; an infinity-edge pool overlooking Peachtree Rd.; and 11,000 sq. ft. of flexible indoor/outdoor meeting and event space.
Woodbine’s ongoing partnership with the Marriott International—which is currently growing the W brand around the world and working to innovate in the lifestyle space—now includes more than $225 million in active development projects.