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West Anderson Adds On-Campus UConn Hotel to Hospitality Portfolio
West Anderson Partners, a hospitality-focused real estate investment firm, acquired the Graduate by Hilton Storrs, a lifestyle hotel in Storrs, CT, located directly on the campus of the University of Connecticut. The seller and acquisition price were not disclosed. The property serves as a primary lodging option for university visitors, alumni, athletic programs, and campus-related events
“The acquisition of this high-quality hotel reflects our continued conviction in university-oriented hospitality assets with strong brand affiliation and year-round demand drivers,” said Dylan West, co-founder and managing partner at West Anderson Partners. “Graduate by Hilton Storrs sits at the center of a flagship university, and benefits from a combination of strong market fundamentals, prime location, and brand, supporting long-term ownership.”
West Anderson said the Graduate by Hilton Storrs expands its presence in the Northeast and reinforces its approach of selectively acquiring hotels in markets supported by higher education, medical and durable demand anchors.
- ◦Sale/Acquisition