News Elementor

RECENT NEWS

Hampton Inn in Ruston, LA Sold to BH28 Holding LLC


  • Hampton Inn by Hilton Ruston

    Hampton Inn by Hilton Ruston – Image Credit HVS   

HVS Brokerage & Advisory has announced the sale of the 83-room Hampton Inn by Hilton in Ruston, Louisiana, to BH28 Holding LLC.

HVS Brokerage & Advisory has finalized the sale of the Hampton Inn by Hilton located at 1315 North Trenton Street in Ruston, Louisiana. The property, which has 83 rooms, was sold by Mercury Hospitality, based in Minneapolis, Minnesota, to BH28 Holding LLC, a company based in Monroe, Louisiana.

The Hampton Inn, constructed in 1997, is situated at the Trenton Street/U.S. Highway 167 Exit along Interstate 20. This location offers significant access and visibility, benefiting from nearby attractions and institutions such as Louisiana Tech University, Thomas Assembly Center, Joe Aillet Stadium, Northern Louisiana Medical Center, North Park Mall, the Ruston Sports Complex, and the Dixie Center for the Arts.

The area surrounding the hotel is poised for economic growth, with several major developments underway. These include the construction of a new Buc-ee’s, anticipated to open by the end of 2026, and WestRock’s $97-million paper mill expansion. Additionally, JPMorgan Chase is developing a $ 31 million operations center, and Meta is investing in a $ 10 billion AI data center project, expected to be completed by 2030.

The transaction was managed by HVS Brokerage & Advisory, with team members Eric Guererro, Andrew Frosch, Matt Almy, Kyle Peterek, Fadi Rawashdeh, and Daneen Godinet involved in the process. The sale reflects continued interest and demand for hotel properties in Louisiana, driven by both local economic developments and strategic location advantages.

Source link


  • Hampton Inn by Hilton Ruston

    Hampton Inn by Hilton Ruston – Image Credit HVS   

HVS Brokerage & Advisory has announced the sale of the 83-room Hampton Inn by Hilton in Ruston, Louisiana, to BH28 Holding LLC.

HVS Brokerage & Advisory has finalized the sale of the Hampton Inn by Hilton located at 1315 North Trenton Street in Ruston, Louisiana. The property, which has 83 rooms, was sold by Mercury Hospitality, based in Minneapolis, Minnesota, to BH28 Holding LLC, a company based in Monroe, Louisiana.

The Hampton Inn, constructed in 1997, is situated at the Trenton Street/U.S. Highway 167 Exit along Interstate 20. This location offers significant access and visibility, benefiting from nearby attractions and institutions such as Louisiana Tech University, Thomas Assembly Center, Joe Aillet Stadium, Northern Louisiana Medical Center, North Park Mall, the Ruston Sports Complex, and the Dixie Center for the Arts.

The area surrounding the hotel is poised for economic growth, with several major developments underway. These include the construction of a new Buc-ee’s, anticipated to open by the end of 2026, and WestRock’s $97-million paper mill expansion. Additionally, JPMorgan Chase is developing a $ 31 million operations center, and Meta is investing in a $ 10 billion AI data center project, expected to be completed by 2030.

The transaction was managed by HVS Brokerage & Advisory, with team members Eric Guererro, Andrew Frosch, Matt Almy, Kyle Peterek, Fadi Rawashdeh, and Daneen Godinet involved in the process. The sale reflects continued interest and demand for hotel properties in Louisiana, driven by both local economic developments and strategic location advantages.

Source link

It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making it look like readable English. Many desktop publishing packages and web page editors now use Lorem Ipsum as their default model text, and a search for ‘lorem ipsum’ will uncover many web sites still in their infancy.

It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making it look like readable English. Many desktop publishing packages and web page editors now use Lorem Ipsum as their default model text, and a search for ‘lorem ipsum’ will uncover many web sites still in their infancy.

The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making

The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making it look like readable English. Many desktop publishing packages and web page editors now use Lorem Ipsum as their default model text, and a search for ‘lorem ipsum’ will uncover many web sites still in their infancy.

admin

RECENT POSTS

CATEGORIES

Leave a Reply

Your email address will not be published. Required fields are marked *

SUBSCRIBE US

It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. The point of using Lorem Ipsum is that it has a more-or-less normal distribution

Copyright BlazeThemes. 2023