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Washington DC & Mid-Atlantic  + DC Metro  + Finance  |  May 2, 2024
Emily Fu
By: Emily Fu

Blue Suede Hospitably Buys Charlottesville Quirk Hotel for $24M 

Cushman & Wakefield has facilitated the acquisition of Quirk Hotel in Charlottesville, Virginia, by Blue Suede Hospitality. Blue Suede, a New York-based firm specializing in hotel acquisitions and management, purchased the property from Quirk Charlottesville, LLC for $24 million.  

Founded in 2020, Blue Suede Hospitality Group has a growing portfolio of hotels across various locations and will oversee a full rebrand of Quirk Hotel Charlottesville in the coming months. The hotel is situated on West Main Street, near the Downtown Mall and the University of Virginia grounds. 

John Pritzlaff and Jenny Stoner of Cushman & Wakefield represented Blue Suede Hospitality Group in the acquisition. Carter Gradwell of CBRE advised the seller in the transaction.

Read More News Stories About: CBRE
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Jenny Stoner

About Emily Fu

Emily Fu is Content Director of Connect Commercial Real Estate, where she covers the east coast markets, including New York, Boston & New England, and DC & Mid-Atlantic markets. She produces daily news stories as well as longer-form content, ranging from Q&As to thought-leadership pieces. She also writes feature stories for Connect Money. With previous stints at Reuters, Seeking Alpha, and Commercial Observer, Emily has covered the finance side of the commercial real estate industry, technology, media, telecom (TMT), and fashion. She attended the Columbia Graduate School of Journalism and currently resides in Manhattan.
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