Wheelock Street Capital has announced the acquisition of two limited service assets in San Diego’s Gaslamp Quarter, the Courtyard by Marriott and the Moxy San Diego. Island Hospitality, which has a significant presence in California, will assume management responsibilities under Wheelock’s ownership.

The 90-room Courtyard and the 126-room Moxy are located on Sixth Avenue, just a short walk from the San Diego Convention Center and Petco Park. The Courtyard features a popular rooftop bar and event space, the Nolen, which offers panoramic views of the San Diego skyline.

“The properties are an excellent fit for our current acquisition criteria given their institutional quality, A+ locations and strong positioning within the market,” said Wheelock’s Chris Mejia in a news release. “The market and properties continue to outperform expectations, and we look forward to working with Island Hospitality to further enhance the properties’ positioning as first choices among travelers visiting San Diego.”