May
16

REIT to Buy N. Charleston Hyatt Place Hotel

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Houston-based Moody National REIT I has entered into an agreement to acquire the Charleston Hotel, a Hyatt Place hotel in North Charleston, SC, for an aggregate purchase price of $11.8 million, excluding acquisition costs.

Located adjacent to the Charleston Area Convention Center and Centre Point Shopping Center/Tanger Outlets, The Hyatt Place Charleston Airport/Convention Center is a 6-story building featuring 127 guestrooms, according to the hotel website.

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