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Hilton Garden Inn at Greenview Corporate Center |  |
Princeton,
New Jersey
Under Agreement
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Rooms: 160
Price($): N/A
Contact: Mark von Dwingelo
Phone: 212-812-5961
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| | DESCRIPTION | |
Jones Lang LaSalle Hotels as exclusive advisor to Switzenbaum & Associates, is pleased to offer qualified investors the opportunity to purchase the proposed Hilton Garden Inn at Greenview Corporate Center (the "opportunity"), located in Princeton, New Jersey, an affluent area with extremely high barriers-to-entry, prestigious educational institutions and a growing corporate base of pharmaceutical, financial services and information technology firms.
Highlights of this project include:
To be built 160-room Hilton Garden Inn, featuring 6,000 square feet of meeting space, a full-service restaurant, business center, fitness center and indoor pool. Strong brand affiliation and position as the only Hilton branded franchise in the West Windsor/ Princeton Corridor. Excellent highway visibility with frontage on the heavily trafficked US Route 1. Distinct market position as primary competitors offer limited meeting space or offer an extended stay product. And significant ADR gap between the higher-rated Hyatt Regency and Westin and the proposed Hotel’s competitive set.
New Listing: No
Portfolio: No
Price Reduction: No
Status: Letter of Intent
Sold: No
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