DALLAS – Trigate Capital has sold the Magnolia Dallas Park Cities, a 292-room, full-service independent hotel at 6070 N. Central Expy. near Southern Methodist University.
Originally constructed in 1972, Magnolia has undergone updates and renovations in 2012, 2013, and 2015 totaling $10.1 million.
6070 NCX LLC purchased the property, and Stout Street Hospitality will continue to manage the hotel.
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