Real EstateAcquisitionsHREC Arranges Sale of Home2 Suites by Hilton Baltimore-White Marsh

HREC Arranges Sale of Home2 Suites by Hilton Baltimore-White Marsh

DENVER and WASHINGTON, D.C. — HREC Investment Advisors has arranged the sale of the 108-guestroom Home2 Suites by Hilton Baltimore-White Marsh in White Marsh, Maryland. HREC Investment Advisors exclusively represented the seller on this transaction. The marketing and negotiations were led by Ketan Patel, managing director, and Dana Weinberg, an affiliate broker in Maryland.

The hotel is located directly off exit 76A of I-95, just minutes away from the shopping, dining, and events at The Avenue at White Marsh, Nottingham Square, and White Marsh Mall. White Marsh’s economy benefits from being home to regional offices for companies such as Comcast, Lockheed Martin, and TIC Gums, Inc. Additionally, White Marsh is five miles from Middle River, home to many aerospace and defense companies, which add year-round room night demand to the market.

Home2 Suites by Hilton Baltimore-White Marsh is also less than nine miles from downtown Baltimore, the second largest seaport in the Mid-Atlantic, and 40 miles northeast of Washington, D.C. Baltimore is the largest city and economic center in Maryland and functions as the northeastern hub of the Baltimore-Washington metropolitan area. Baltimore’s primary industries include financial and professional services, health and bioscience technology, culture and tourism, information and creative services, logistics, and advanced manufacturing.

 

 


Subscribe to Lodging Daily News for updates.

SUBSCRIBE

RELATED ARTICLES

New Pyramid Global Hospitality COO Continues Focus on Big Data to Benefit Owners

Pyramid Global Hospitality Chief Operating Officer Eric Habermann retired in April following seven years with the company and a nearly 40-year career in hospitality....

Grand Hyatt Kauai Resort & Spa Launches Scholarship Program

Grand Hyatt Kauai Resort & Spa, a 605-room resort, announced the launch of a scholarship program to support the continued education of its colleagues...

Hilton Surpasses 500 Hotels in Florida

MCLEAN, Virginia, and MIAMI, Florida—Hilton announced a major milestone as the company surpassed 500 open hotels across Florida. This growth was fueled in part...

Hunter Hotel Advisors Brokers Sale of Residence Inn Detroit Novi

ATLANTA, Georgia—Hunter Hotel Advisors (Hunter) announced the successful sale of the 107-key Residence Inn Detroit Novi. Spark GHC purchased the property from an institutional...

PMZ Realty Capital Arranges Loan for Hampton Inn Marysville

PMZ Realty Capital LLC announced that it has secured a $5.3 million loan for the Hampton Inn Marysville, located in Marysville, Ohio. The loan...

LivAway Suites Breaks Ground on New Property in Tucson, Arizona

SALT LAKE CITY, Utah—LivAway Suites announced the groundbreaking of its newest property in Tucson, Arizona, which marks its fourth in the state over the...