Hunter Hotel Advisors facilitated the sale of the Hampton Inn by Hilton Dallas-Irving-Las Colinas. A Louisiana-based developer purchased the property from a New York-based real estate firm. Other terms and conditions were not disclosed. Hunter SVP Kami Burnette and VP Mason McDavid facilitated the transaction.
Located in the prestigious Las Colinas development in Irving, the Hampton Inn by Hilton Dallas-Irving-Las Colinas sits at the heart of the “Headquarters of Headquarters”—home to nine Fortune 500 companies, including McKesson, Caterpillar and Pioneer Natural Resources, driving unmatched corporate demand to the hotel. Near by is the Toyota Music Factory and the Irving Convention Center, with Dallas, America’s ninth-largest city, just minutes away. The region also has major employers like Amazon, American Airlines and AT&T, attracting a steady flow of business travelers.
The 135-key hotel has a mix of well-appointed single and double guestrooms. Amenities include a fitness center, outdoor pool and complimentary breakfast served daily.
“We are thankful for the opportunity to execute another transaction on behalf of ownership”, said Burnette. “Given the headwinds in the market, we ran a great process without any issues with execution.”