Florida Keys News
Thursday, May 9, 2013
Pier House under contract for $90M

A Texas-based real estate firm this week announced its plans to buy the storied Pier House Resort for $90 million, thus ending the resort's 45-year streak of independent ownership.

Ashford Hospitality Trust on Tuesday signed a "definitive agreement" to acquire the 142-room resort that has stood at the foot of Duval Street since its construction in 1968.


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