CIM Group Acquires the 254-Room the Crowne Plaza Hotel Alexandria in Alexandria, Virginia

CIM Group | March 6, 2019

March 06, 2019--ALEXANDRIA, Va.--CIM Group announced today that it has acquired the Crowne Plaza Hotel Alexandria, a 254-room, 12-story hotel located at 901 N. Fairfax Street in Old Town Alexandria. CIM acquired the hotel with Carr Companies. The hotel is situated on the Potomac River and boasts panoramic views of the Potomac River and Montgomery Park. The hotel also sits adjacent to the Mount Vernon Trail to the east, a popular walking and biking trail that connects George Washington's Mount Vernon to Theodore Roosevelt Island, and is another outdoor amenity bordering the property. The property is located just a few blocks from King St...