United States, Nov. 17 -- JLL's Hotels & Hospitality group announced the sale of the Sheraton Phoenix Downtown, a premier 1,003-room convention center hotel in the heart of Arizona's capital city, marking one of the largest hotel sales in Arizona's history.JLL represented the seller in the transaction.The 33-story Sheraton Phoenix Downtown stands as the city's largest hotel, featuring 112,000 square feet of flexible meeting and event space, including the 27,200-square-foot Phoenix Ballroom, the largest in the downtown market, and the 14,000-square-foot Valley of the Sun Ballroom. The property offers 26 total meeting rooms, with the largest space accommodating up to 2,510 guests and 20 breakout rooms available for concurrent sessions.Built i...