M id A tlantic Real Estate Journal — April 2026 — 47A
www.marej.com
M id A tlantic R eal E state J ournal
Ashford Hospitality Trust sells 252-room hotel HREC arranges sale of the Hilton Alexandria Old Town Alexandria, Virginia D
Alexandria, directly opposite the King Street–Old Town Metro Station, the Hilton Alexandria Old Town pro- vides seamless connectivity to Washington DC, the Pen - tagon, National Landing, and Reagan National Airport. Ma - jor employers such as the De- partment of Defense, the U.S. Patent and Trademark Office, the Salvation Army, VSE Cor- poration, and ST Engineering are all within close proximity. Alexandria benefits from its proximity to Washington, D.C. and its well-established base of federal agencies, defense
contractors, and large corpo- rations. Anchored by institu - tions such as the U.S. Patent and Trademark Office and the Department of Defense, the market enjoys a consistent flow of government and corpo - rate travel. The recent federal return-to-office policies, com - bined with the city’s thriving private-sector presence, create durable, year-round lodging demand. ‘Alexandria is also a renowned tourism destination, known for its waterfront, his - toric Old Town, rich colonial heritage, and over 200 restau- rants and boutiques. MAREJ
ENVER, CO; WASH- INGTON, DC; TAM- PA, FL — HREC Investment Advisors has arranged the sale of the 252- room Hilton Alexandria Old Town, situated at 1767 King Street, Alexandria, Virginia. The property was acquired by an institutional buyer. HREC Investment Advisors represented the seller, Ash- ford Hospitality Trust, on this transaction. The marketing and negotiations were led by Scott Stephens (senior prin- cipal & COO – Tampa), Mark Morris (SVP – Washington DC), and Dana Weinberg (broker of record – Virginia). “The Hilton Alexandria was a wildly attractive investment opportunity garnering bids from local and national play- ers. Metro DC remains one of the most resilient hospitality markets in the country, ben - efiting from the federal govern - ment’s growing presence, the defense industry, technology, corporate and educational demand drivers. Tourism is quickly returning to the region as well,” said Morris. “The hotel sector continues to attract institutional inves- tors due to higher yields over other asset classes and the ability to adjust quickly to the continued recovery. Metro DC is a top tier gateway market, and we’re delighted to have other opportunities in the re- gion,” said Stephens. Positioned in the center of
Hilton Alexandria Old Town
We see deals from your perspective.
Campbell Commercial
Partners finalizes sale on Paxton St.
8011 Paxton St.
HARRISBURG, PA — Campbell Commercial Partners has successfully sold 8011 Paxton St. in Harrisburg. The 1.55 acre property was purchased by Dillsburg Roof- ing Siding and Windows, LLC. The flex property is comprised of multiple buildings totaling approximately 9,055 s/f. Larry Kostelac of Camp- bell Commercial Partners represented the seller in the transaction. Laura Martin of SVN Latus represented the buyer. MAREJ
Our global network of 75 commercial real estate offices is the clear choice. Local CORFAC affiliates: Wolf Commercial Real Estate - NJ, PA, NY
Chilmark Real Estate Services - NJ, NY Cronin Capital Real Estate - NY
LMT Commercial Realty, LLC - DE Blue & Obrecht Realty, LLC - MD
corfac.com
Made with FlippingBook Digital Proposal Creator