Noble Investment Group ("Noble") today announced the acquisition of the SpringHill Suites by Marriott Miami Airport South. The property, which recently completed a comprehensive renovation, will be the second Miami hotel in Noble's portfolio.

"This acquisition expands Noble's footprint in Miami's Airport submarket, which continues to experience robust year-over-year demand growth. Our ability to establish operating synergies in the submarket will allow us to further drive RevPAR penetration at the hotel and yield on this investment," said Noble principal, Ben Brunt.

The SpringHill Suites by Marriott Miami Airport South is located adjacent to the Miami International Airport and features 150 residentially-inspired suites, an outdoor pool, a fully-equipped business center, fitness center, complimentary high-speed wireless internet access, complimentary airport transportation, as well the free Suite Seasons Breakfast ® buffet. The property also features 480 square feet of meeting space for meetings up to 30 people.

SpringHill Suites by Marriott is an upper-moderate all-suites hotel designed for both the business and leisure traveler, offering modern amenities and stylish spaces at a great value. For reservations or more information, please visit www.marriott.com or call the hotel directly at 305-265-0144.

About Noble Investment Group

Noble is an award-winning real estate investment manager specializing in the travel and hospitality sector. With a track record spanning three decades, the firm has invested over $5.0 billion in communities throughout the country, adding value across cycles and creating thousands of jobs. Noble has been named by PERE as one of the Top 200 Global Investment Managers, and the firm has been recognized as one of the Best Places to Work. As a fiduciary to foremost pensions plans, endowments, and foundations, Noble's endeavors help to preserve and grow our limited partners' capital, which assists in providing retirement benefits for our country's teachers, law enforcement, firefighters, other pensioners, and financial resources for students to attend college. For more information, please visit www.nobleinvestment.com.