touchstone
Germany’s Union Investment Acquires 222-Room Downtown Seattle Hilton Garden for $90 Million
March 27, 2017
Union Investment has acquired the Hilton Garden Inn hotel in downtown Seattle, which opened in 2015, for approx. USD 90 million. The property is located at 1821 Boren Avenue and is the company's first hotel acquisition on the West Coast of the US. The Hamburg-based real estate investment manager has already acquired three first-class hotels in Boston, Chicago and New York City since 2015. Touchstone, a Seattle-based company, developed the hotel, which opened in June 2015. The hotel in Seattle has 222 rooms, including six exclusive suites, across approx. 153,000 sq ft of usable space. The building is let on a 30-year lease and is a furth...
Touchstone and The Hotel Group Open Hilton Garden Inn Seattle Downtown
Touchstone | July 1, 2015
Seattle, Washington, July 1, 2015 — Touchstone, a Seattle-based developer, and The Hotel Group (THG), a nationally recognized Top 40 hotel company, announced the opening of the Hilton Garden Inn Seattle Downtown. The 222-room hotel was developed by Touchstone and will be operated and managed by THG. The hotel is centrally located to downtown Seattle and near attractions like the Seattle Space Needle, Pike Place Market, EMP Museum and Chihuly Garden and Glass. "This property is perfectly suited for business and leisure travelers alike," said Lara Latture, Chief Operating Officer, The Hotel Group. "The premier downtown location, along w...
