NewcrestImage LLC Acquires Marriott Dallas/Fort Worth Westlake Hotel In Westlake, Texas | 1301 Solona Boulevard - Marriott Dallas/Fort Worth Westlake | Miles Spencer, Parker Sherrill | Hotel | Sale

Summary

Sale

TEXAS

Hotel

NewcrestImage LLC, in partnership with Dabu Group, has acquired the 294-room Marriott Dallas/Fort Worth Westlake hotel in Westlake, Texas. The hotel, located at 1301 Solona Boulevard, will undergo a complete renovation following the acquisition. The purchase price and details regarding the seller have not been disclosed.

Summary of transaction details

Property Type: Hotel
Transaction Amount: Not disclosed
Address: 1301 Solona Boulevard, Westlake, Texas
Market: Westlake
Keys: 294

Mehul Patel, representing NewcrestImage LLC, along with the Dabu Group, led the acquisition of the Marriott Dallas/Fort Worth Westlake hotel. The deal was brokered by Miles Spencer and Parker Sherrill from Newmark. They played a pivotal role in facilitating the transaction.

Players

All
3

Agents
2
Agencies
1

Miles Spencer

Vice Chairman, Co-Head of Lodging

Parker Sherrill

Director

Newmark

Details

Deal Summary

SOLD

IMAGE: Mehul Patel, Miles Spencer & Parker Sherrill DATE: 09/26/2023 ADDRESS: 1301 Solona Boulevard - Marriott Dallas/Fort Worth Westlake MARKET: Westlake ASSET TYPE: Hotel ~ KEYS: 294 BUYER: Mehul Patel (@Mehul.Patel12) - NewcrestImage LLC (@NewcrestImage); Dabu Group BROKERS: Miles Spencer & Parker Sherrill (@PSherrill) - Newmark (@Newmark) NOTE: NewcrestImage LLC, in partnership with Dabu Group, has acquired the 294-room Marriott Dallas/Fort Worth Westlake hotel in Westlake, Texas, with plans for a complete renovation. The purchase price and seller details were not disclosed.

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Address1301 Solona Boulevard - Marriott Dallas/Fort Worth Westlake

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