MCR Buys 2 Salt Lake City Marriott Hotels
ByMCR has acquired two Marriott hotels, the 97-key Marriott Courtyard Lehi and the 94-key Marriott SpringHill Suites Lehi, both located in the Salt Lake City suburb of Lehi, Utah, for $27.5 million.
“We specialize in purchasing limited-service Hilton and Marriott properties so these two hotels were right down the pipe for us,”Russ Shattan, MCR’s senior vice president of acquisitions and development, told Commercial Property Executive. “A 3-year-old Marriott Courtyard and a 6-year-old Marriott SpringHill Suites, both in a great location. They are beautiful assets, well built and one of the best brands in the business.”
Both hotels are located at the entrance to Thanksgiving Point, known as Salt Lake City’s Silicon Slopes technology corridor, which also includes museums and numerous entertainment facilities…
