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NewcrestImage LLC Acquires Marriott Dallas/Fort Worth Westlake Hotel In Westlake, Texas

Property Image
SOLD
Miles Spencer
Parker Sherrill

Texas

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Hotel
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Property Image
SOLD

NewcrestImage LLC Acquires Marriott Dallas/Fort Worth Westlake Hotel In Westlake, Texas

1301 Solana Boulevard

See Similar Deals
Hotel
Sold
Miles Spencer
Parker Sherrill
the dealplayerscompscontact
Contact now

Summary

TEXAS
Asset Type:Hotel
Transaction Type:Sale

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

Parker Sherrill
Newmark
Parker Sherrill
3 deals
BROKER
Miles Spencer
Newmark
Miles Spencer
3 deals$108.6M volume
BROKER

Details

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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