{"id":1004056562,"date":"2012-12-21T14:02:10","date_gmt":"2012-12-21T22:02:10","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=90554"},"modified":"2020-04-15T10:12:12","modified_gmt":"2020-04-15T18:12:12","slug":"glenwood-hospitality-debuts-15m-new-hampton-inn-and-suites-hotel-in-raleigh","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/glenwood-hospitality-debuts-15m-new-hampton-inn-and-suites-hotel-in-raleigh\/","title":{"rendered":"Glenwood Hospitality Debuts $15M New Hampton Inn and Suites Hotel in Raleigh"},"content":{"rendered":"<p><em><a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2012\/12\/Hampton-Inn-Raleigh-Glenwood-South.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-90555\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2012\/12\/Hampton-Inn-Raleigh-Glenwood-South.jpg\" alt=\"\" width=\"300\" height=\"200\" \/><\/a>by Adriana Pop, Associate Editor <\/em><\/p>\n<p>The new Hampton Inn &amp; Suites Raleigh Downtown is officially open. \u00a0Located at 600 Glenwood Avenue, the boutique-style property offers 126 guestrooms.<\/p>\n<p>According to the <em><a href=\"https:\/\/www.bizjournals.com\/\" target=\"_blank\" rel=\"nofollow\" triangle\/news\/2012\/12\/12\/new-hotel-opens-in-raleigh.html\">Triangle Business Journal<\/a><\/em>, it is the first hotel to\u00a0open in the city\u2019s downtown area since the Raleigh Marriott City Center\u00a0launched on Fayetteville Street in 2008. The property is also the first lodging construction project in the Glenwood South district.<\/p>\n<p>Glenwood Hospitality Associates LLC has developed the $15 million six-story building. Amenities include free hot breakfast, a 24-hour business center, a modern fitness center, and an indoor heated pool. Guestrooms are equipped with free high-speed internet access, lap desk and HDTV. The hotel also features 1,000 square feet of retail space, a 970-square-foot meeting room and a patio with a fire pit.<\/p>\n<p>&#8220;Hampton combines quality, innovation, comfort and plenty of value-added extras, making it the brand of choice in the marketplace today,&#8221; said Tony Gomez, general manager of the Hampton Inn &amp; Suites Raleigh\/Downtown.<\/p>\n<p>Hampton Inn &amp; Suites Raleigh Downtown is owned by Stewart Hotel Associates LLC and operated by Prime Investments LLC. The new hotel is the tenth Hampton property in Raleigh, while five more are slated to open in North Carolina.<\/p>\n<p>In regional news, Weinstein Properties of Glen Allen, Va. has acquired the 288-unit Alexan Panther Creek apartment complex in Cary. The <em><a href=\"https:\/\/www.bizjournals.com\/\" target=\"_blank\" rel=\"nofollow\" triangle\/news\/2012\/12\/11\/weinstein-shells-out-335m-for-cary.html\">Triangle Business Journal<\/a><\/em> reports that Trammell Crow Residential of Dallas sold the upscale property for $33.5 million.<\/p>\n<p>Developed in 2008, Alexan Panther Creek is the seventh multifamily acquisition for Weinstein Properties in the Raleigh region. The investor now plans to re-brand its new property as Bexley Panther Creek. The company owns and operates six other Bexley-branded luxury apartment communities in Raleigh, Cary, Morrisville and Wake Forest. Since 2004, Weinstein has invested more than $232.1 million in the purchase of its Triangle apartment complexes for an average of $103,900 per unit.<\/p>\n<p><em>Photo credits: hamptoninn3.hilton.com<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The new Hampton Inn &amp; Suites Raleigh Downtown is officially open.  Located in the Glenwood South District at 600 Glenwood Avenue, the boutique-style property offers 126 guestrooms. According to the Triangle Business Journal, it is the first hotel to open in the city&rsquo;s downtown area since the Raleigh Marriott City Center opened on Fayetteville Street in 2008. The property is also the first new lodging construction project in the Glenwood South district.<\/p>\n","protected":false},"author":260,"featured_media":1004506964,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21742,1604],"tags":[1815],"class_list":["post-1004056562","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest","category-raleigh-durham","tag-national"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Glenwood Hospitality Debuts $15M New Hampton Inn and Suites Hotel in Raleigh - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/glenwood-hospitality-debuts-15m-new-hampton-inn-and-suites-hotel-in-raleigh\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Glenwood Hospitality Debuts $15M New Hampton Inn and Suites Hotel in Raleigh\" \/>\n<meta property=\"og:description\" content=\"The new Hampton Inn &amp; Suites Raleigh Downtown is officially open. Located in the Glenwood South District at 600 Glenwood Avenue, the boutique-style property offers 126 guestrooms. According to the Triangle Business Journal, it is the first hotel to open in the city&rsquo;s downtown area since the Raleigh Marriott City Center opened on Fayetteville Street in 2008. The property is also the first new lodging construction project in the Glenwood South district.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/glenwood-hospitality-debuts-15m-new-hampton-inn-and-suites-hotel-in-raleigh\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2012-12-21T22:02:10+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-04-15T18:12:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/Hampton-Inn-Raleigh-Glenwood-South.jpg?w=1024\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"1024\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Adriana Pop\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/glenwood-hospitality-debuts-15m-new-hampton-inn-and-suites-hotel-in-raleigh\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/glenwood-hospitality-debuts-15m-new-hampton-inn-and-suites-hotel-in-raleigh\\\/\"},\"author\":{\"name\":\"Adriana Pop\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/c6fbe4a6cd09e6097b39e787ae96d7ad\"},\"headline\":\"Glenwood Hospitality Debuts $15M New Hampton Inn and Suites Hotel in Raleigh\",\"datePublished\":\"2012-12-21T22:02:10+00:00\",\"dateModified\":\"2020-04-15T18:12:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/glenwood-hospitality-debuts-15m-new-hampton-inn-and-suites-hotel-in-raleigh\\\/\"},\"wordCount\":130,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/glenwood-hospitality-debuts-15m-new-hampton-inn-and-suites-hotel-in-raleigh\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2021\\\/03\\\/Hampton-Inn-Raleigh-Glenwood-South.jpg\",\"keywords\":[\"National\"],\"articleSection\":[\"News\",\"Raleigh-Durham\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/glenwood-hospitality-debuts-15m-new-hampton-inn-and-suites-hotel-in-raleigh\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/glenwood-hospitality-debuts-15m-new-hampton-inn-and-suites-hotel-in-raleigh\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/glenwood-hospitality-debuts-15m-new-hampton-inn-and-suites-hotel-in-raleigh\\\/\",\"name\":\"Glenwood Hospitality Debuts $15M New Hampton Inn and Suites Hotel in Raleigh - 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