MCR acquires a quintet of Marriott and Hilton hotels in Texas and Washington
MCR, the fourth largest hotel owner-operator in the United States, has acquired a quintet of Marriott and Hilton hotels in Texas and Washington for $94 million.
The five hotels are situated in some of the highest growing metropolitan regions in the U.S., including the aerospace hub of Renton, WA, Dallas’ Telecom Corridor and Houston’s Energy Corridor. The portfolio includes four Marriotts and one Hilton, making it a total of 674 rooms.
Located directly across from Boeing’s Renton airplane assembly plant, the 146-room Residence Inn by Marriott Seattle South/Renton is close to downtown Seattle, 10 minutes from the Seattle-Tacoma International Airport and King County International Airport-Boeing Field.
In the Telecom Corridor, in Richardson, TX, is the 132-room Courtyard by Marriott Dallas Plano/Richardson and the 129-suite Residence Inn by Marriott Dallas Plano/Richardson which are across from State Farm Insurance’s corporate campus at the 186-acre mixed-use development CityLine. The hotels are also within minutes of Blue Cross Blue Shield’s headquarters, AT&T, Verizon and 6,000 other companies. They are also located 30 minutes away from downtown Dallas and 25 minutes from the Dallas-Fort Worth Airport and Dallas Love Field Airport. Both hotels feature an outdoor pool, a fitness center and a convenience store.
25 minutes from downtown Houston in the city’s Energy Corridor, is the 132-room Courtyard by Marriott Houston I-10 West/Park Row and the 135-room Hampton Inn & Suites by Hilton Houston I-10 West/Park Row which are near the headquarters of more than 300 companies, including the Wood Group and BP America. They are also within walking distance of Texas Children’s and Houston Methodist hospitals. Both hotels offer a fitness center and an outdoor pool.