{{titleBar.title}}

{{titleBar.tagline}}

 

 

308-Room Hilton Arlington trades for $46M308-Room Hilton Arlington trades for $46Mhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=159362017-03-01T06:00:00Z2017-03-01T21:00:00Z

​​​ARLINGTON – The Hilton Arlington hotel has a new owner, U.S. OCG​, but don’t look for much else to change.

The 15-story hotel, built in 1983 near Six Flags Over Texas, was sold Feb. 10, 2017.

The sale price for the 308-room hotel was $46 million, according to the website of the Blank Rome law firm, which represented the buyer. 

The property, at 2401 E. Lamar Blvd, north of I-30, has had six prior owners, according to the Tarrant Appraisal District (TAD) website.

TAD appraised the market value of the nearly 210,000-sf hotel and the site at $24.46 million.

The Arlington Hilton’s amenities include an indoor/outdoor heated pool, a fitness center, and 11,000 sf of meeting/ballroom space. It was expanded in 2006 with a second, 5,000-sf ballroom.
Star-Telegram
Dallas-Fort Worth-Arlington
Hotel
http://www.star-telegram.com/news/local/community/arlington/article134834229.html

​Want mor​e data? See DFW Hotel Market Research. 

Read more at the {Source}

 Search NewsTalk Texas