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153-Room Hampton Inn in Seattle Sold
Beverly Hills, CA-based commercial real estate investment banking firm Sonnenblick-Eichner Company arranged the sale of the 153-room Hampton Inn Southcenter in Seattle in an all-cash transaction. The property was sold to an unnamed Pacific Northwest-based investor, and represents the last property in a portfolio of hotels that were financed and sold by Sonnenblick-Eichner Company over a 20-year period for this client.
Sonnenblick-Eichner’s Elliot Eichner says, “This is an irreplaceable asset in a strong hotel market that continues to attract both business and leisure travelers.” The Hampton Inn Seattle Southcenter is located four miles east of Seattle-Tacoma International Airport.
The transaction marks the third hotel sale that Sonnenblick-Eichner Company has completed on behalf of the seller. The other hotels include the Dream Inn, Santa Cruz, CA, and the Dupont Plaza Hotel in Washington, DC.
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Sale/Acquisition
