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Hotel Asset Sells in Glenzdale

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Cushman & Wakefield has brokered the sale of the 100-room Aloft Glendale at Westgate hotel in Glendale, Arizona.

The four-story hospitality asset located at 6920 N 93rd Avenue was acquired by Chicago based Bradford Allen Hospitality Investments for US $23.75 million.

Bill Murney, Executive Managing Director at Cushman & Wakefield’s Hospitality team in Phoenix represented the seller, HCW Hospitality & Development, in the transaction.  

This is a highly desirable hospitality location in the Westgate Entertainment District.

“This is a highly desirable hospitality location in the Westgate Entertainment District. The hotel sits just steps from State Farm Stadium, Desert Diamond Arena, home to sports and concerts year round, shopping and entertainment destinations such as Tanger Outlets, AMC theater and Chicken & Pickle, and more surround the hotel,” says Murney.

Guest rooms at the Aloft Glendale at Westgate hotel feature lofty nine-foot ceilings, plush platform beds, LCD TVs, and walk-in showers.

The hotel additionally features several on-site amenities and social spaces, including business meeting space, Re:charge℠ gym, outdoor Splash pool, urban-inspired WXYZ® BAR, and a convenience store.

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FMIndustry.com covers the latest news, trends and opinion from the facilities management (FM) and corporate real estate (CRE) sectors. The FM market is currently estimated to be worth USD 1 trillion annually and is projected to grow at a compounded annualised rate of approximately 5% between now and 2026.

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    FMIndustry.com covers the latest news, trends and opinion from the facilities management (FM) and corporate real estate (CRE) sectors. The FM market is currently estimated to be worth USD 1 trillion annually and is projected to grow at a compounded annualised rate of approximately 5% between now and 2026.

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