23 July 2025

HUNTER HOTEL ADVISORS BROKERS SALE OF HILTON GARDEN INN SPRINGFIELD TO WITNESS INVESTMENT ON BEHALF OF SCHULTE HOSPITALITY GROUP

Hunter Hotel Advisors (Hunter) today announced the successful sale of the 117-key Hilton Garden Inn Springfield. Witness Investment purchased the property from Schulte Hospitality Group on July 11, 2025. Hunter’s Spencer Davidson, senior vice president, facilitated the transaction.

The Hilton Garden Inn Springfield sits near the intersection of Interstates 72 and 55 in Illinois’ capital city, offering access to major local destinations such as the University of Illinois Springfield, Capital City Shopping Center and the $67 million Scheels Sports Park, which is projected to draw 200,000 visitors annually and generate an estimated $30 million in economic impact. The hotel serves travelers visiting Springfield’s historic landmarks, including the Abraham Lincoln Presidential Library and Museum, Lincoln’s home and the Illinois State Capitol, the city’s largest employer. Major manufacturing powerhouses such as BUNN-O-Matic, Standard Aero and Richardson Manufacturing support the regional economy, contributing to Illinois’ status as the nation’s fourth-largest manufacturing state.

“We are excited to add the Hilton Garden Inn Springfield to our growing portfolio,” said Gurtej Medi, managing partner of Witness Investment. “The hotel’s proximity to Springfield’s major demand drivers—government, healthcare and the new Scheels Sports Park—aligns well with our investment strategy of targeting high-potential assets in resilient Midwest markets. We look forward to building on the property's performance and continuing to deliver value to our guests, partners and the local community.”

The Hilton Garden Inn Springfield offers an on-site fitness center, indoor pool and a full-service restaurant, The Garden Grille & Bar, offering cooked-to-order breakfast and dinner.