Highline Hospitality Partners Expands Into Washington D.c. Metro Area With Acquisition of Hilton Garden Inn Arlington Courthouse Plaza
Highline Hospitality Partners (HHP), the hospitality investment platform launched by Highline Real Estate Partners, has acquired the Hilton Garden Inn Courthouse Plaza Arlington Courthouse Plaza. The 193-room, premium select-service hotel marks HHP's 12th property and its first venture into the Washington DC metro area.
Situated in Arlington's Rosslyn-Ballston corridor, the hotel is ideally situated in Northern Virginia's stable and growing demand generators, including the Pentagon, Amazon's HQ2 and the burgeoning defense and tech corporate sectors. The hotel is also conveniently located within walking distance of the Court House stop on the DC Metro, providing quick and easy access to Downtown Washington DC.
Highline Hospitality Partners' team brings over 60 years of combined experience in sourcing, purchasing, asset management, renovating, repositioning and selling hospitality properties. With expertise spanning all classes of hotels and close to $1 billion in assets under ownership and management in just over four years of existence, Highline Hospitality Partners is committed to aggressively pursuing additional hotel properties to acquire. The addition of the Hilton Garden Inn Courthouse Plaza is a key element of these ongoing, aggressive expansion plans.
"The acquisition of Hilton Garden Inn Arlington Courthouse Plaza represents our first property in the D.C. metro area, where I was born and raised," shared Chuck Pomerantz, managing partner of Highline Hospitality Partners. "This addition further diversifies our portfolio with another premium select-service hotel, bringing our total portfolio to 12 hotels comprising approximately a 3,400 key count."
Originally built in 2002, The Hilton Garden Inn Arlington/Courthouse boasts newly renovated guest rooms, a full-service restaurant, approximately 3,000 square feet of meeting space, a fitness center, and ample on-site parking in an underground garage.
Highline Hospitality Partners has selected Stepstone Hospitality as the hotel's third-party manager, marking the fourth collaboration between Highline and Stepstone.
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