Monday, April 9, 2018

Westin hotel near BWI sells for $34 million

A Washington, D.C., real estate investment firm has closed on its $34 million for the 260-room Westin Baltimore Washington Airport — BWI. Frontier Development & Hospitality Group LLC’s acquisition of the property from Chesapeake, Virginia-based LTD Hospitality Group breaks down to $130,769 per room. The buyer said it is planning $5.2 million in renovations and upgrades to guest rooms and public spaces at the hotel. The property, located at 1110 Old Elkridge Road, includes 10,000 square feet…



from https://www.bizjournals.com/baltimore/news/2018/04/09/westin-hotel-near-bwi-sells-for-34-million.html?ana=RSS&s=article_search
via http://baltimorecheckbook.tumblr.com/post/172760491432

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