{"id":1004075629,"date":"2013-06-05T12:35:17","date_gmt":"2013-06-05T20:35:17","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=136929"},"modified":"2022-12-03T17:12:16","modified_gmt":"2022-12-04T01:12:16","slug":"carey-watermark-makes-77m-statement-in-nashville-hotel-biz","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/carey-watermark-makes-77m-statement-in-nashville-hotel-biz\/","title":{"rendered":"Carey Watermark Makes $77M Statement in Nashville Hotel Biz"},"content":{"rendered":"

By Eliza Theiss, Associate Editor<\/em><\/p>\n

Carey Watermark Investors has announced the acquisition of the Hutton Hotel, \"\"<\/a>one of Nashville\u2019s top hospitality assets. CWI has disclosed an acquisition price of $77.3 million for the property, while also announcing an estimated $3.7 million in additional costs such as planned capital improvements and various other purchase\u2013related spending.<\/p>\n

Located at 1808 West End Avenue in the dynamic West End neighborhood, the 247-key boutique hotel is in close proximity to both major entertainment and employment options, such as the just-opened 1.2 million square-foot Music City Convention Center, the Country Music Hall of Fame, Grand Ole Opry, Music Row, Vanderbilt University and numerous corporate users as well as important future investments, such as the planned \u00a0900,000-square-foot mixed-use West End Summit, an office and hospitality development projected to bring around 2,000 jobs to the Midtown area (Read more about West End Summit here<\/strong><\/em><\/a>).<\/p>\n

Hutton, a four-star, luxury lifestyle boutique hotel, boasts top-of-the-line amenities such as 13,600 square feet of flexible meeting space, dividable into nine meeting areas, which include the 7,000-square-foot Vista Ballroom, 24-hour business center, state-of-the-art\u00a0 fitness center, \u00a0on-site spa and a 300-car parking garage. Dining venues include the hotel lobby Java Bar and the 1808 Grille and Bar. The pet-friendly hotel is also Nashville\u2019s greenest hotel. The building itself was built in the 1970s and it used to be an office, until it was redeveloped, incorporating green features such as energy-efficient appliances and systems, including elevators that consume only 30 percent of the energy of traditional lifts, high-tech HVAC system, LED and fluorescent lights, electric car charging stations and hybrid courtesy vehicles, biodegradable cleaning products and various recycling programs.<\/p>\n

Since its February 2009 opening, the 247-key Hutton Hotel has amassed numerous awards and accolades, increasing its investment appeal. Among such distinctions are an AAA Four-Diamond rating, a Forbes Four-Star Award. Hutton has also been included on Travel + Leisure\u2019s T+L 500<\/em> list, on Conde Nast Traveler\u2019s Hot List<\/em>, as well as on the 2013 Forbes Travel Guide.<\/p>\n

Amerimar Enterprises, Inc. will stay on as property manager. The Hutton Hotel is also affiliated with Leading Hotels of the World, a provider of marketing, reservations and related services\u00a0to high deluxe hotels worldwide.<\/p>\n

Image courtesy of The Hutton Hotel\u2019s Facebook page<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Carey Watermark Investors has announced the acquisition of the Hutton Hotel, one of Nashville’s top hospitality assets.<\/p>\n","protected":false},"author":49,"featured_media":1004506944,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[36077,21742],"tags":[1815],"class_list":["post-1004075629","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-nashville-knoxville","category-latest","tag-national"],"acf":[],"yoast_head":"\nCarey Watermark Makes $77M Statement in Nashville Hotel Biz - 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\/carey-watermark-makes-77m-statement-in-nashville-hotel-biz\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Carey Watermark Makes $77M Statement in Nashville Hotel Biz\" \/>\n<meta property=\"og:description\" content=\"Carey Watermark Investors has announced the acquisition of the Hutton Hotel, one of Nashville’s top hospitality assets.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/carey-watermark-makes-77m-statement-in-nashville-hotel-biz\/\" \/>\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=\"2013-06-05T20:35:17+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-04T01:12:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/hutton-hotel.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=\"Eliza Theiss\" \/>\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\\\/carey-watermark-makes-77m-statement-in-nashville-hotel-biz\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/carey-watermark-makes-77m-statement-in-nashville-hotel-biz\\\/\"},\"author\":{\"name\":\"Eliza Theiss\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/de1353a5de72f96494054df3ecca7de4\"},\"headline\":\"Carey Watermark Makes $77M Statement in Nashville Hotel Biz\",\"datePublished\":\"2013-06-05T20:35:17+00:00\",\"dateModified\":\"2022-12-04T01:12:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/carey-watermark-makes-77m-statement-in-nashville-hotel-biz\\\/\"},\"wordCount\":378,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/carey-watermark-makes-77m-statement-in-nashville-hotel-biz\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2021\\\/03\\\/hutton-hotel.jpg\",\"keywords\":[\"National\"],\"articleSection\":[\"Nashville - Knoxville\",\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/carey-watermark-makes-77m-statement-in-nashville-hotel-biz\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/carey-watermark-makes-77m-statement-in-nashville-hotel-biz\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/carey-watermark-makes-77m-statement-in-nashville-hotel-biz\\\/\",\"name\":\"Carey Watermark Makes $77M Statement in Nashville Hotel Biz - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/carey-watermark-makes-77m-statement-in-nashville-hotel-biz\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/carey-watermark-makes-77m-statement-in-nashville-hotel-biz\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2021\\\/03\\\/hutton-hotel.jpg\",\"datePublished\":\"2013-06-05T20:35:17+00:00\",\"dateModified\":\"2022-12-04T01:12:16+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/de1353a5de72f96494054df3ecca7de4\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/carey-watermark-makes-77m-statement-in-nashville-hotel-biz\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/carey-watermark-makes-77m-statement-in-nashville-hotel-biz\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/carey-watermark-makes-77m-statement-in-nashville-hotel-biz\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2021\\\/03\\\/hutton-hotel.jpg\",\"contentUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2021\\\/03\\\/hutton-hotel.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/carey-watermark-makes-77m-statement-in-nashville-hotel-biz\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Carey Watermark Makes $77M Statement in Nashville Hotel Biz\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/de1353a5de72f96494054df3ecca7de4\",\"name\":\"Eliza Theiss\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/96965f7dc4c1c5276e67c2727672b8636c299791a627dca31fda556cf0db9758?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/96965f7dc4c1c5276e67c2727672b8636c299791a627dca31fda556cf0db9758?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/96965f7dc4c1c5276e67c2727672b8636c299791a627dca31fda556cf0db9758?s=96&d=mm&r=g\",\"caption\":\"Eliza Theiss\"},\"description\":\"Eliza Theiss is a senior writer reporting real estate trends in the US. Her work has been cited by CBS News, Curbed, The Los Angeles Times, and Forbes among others. With an academic background in journalism, Eliza has been covering real estate since 2012. Before joining PropertyShark, Eliza was an associate editor at Multi-Housing News and Commercial Property Executive. She has also contributed extensively to CommercialEdge. Reach her at eliza.theiss@yardi.com\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/author\\\/eliza\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Carey Watermark Makes $77M Statement in Nashville Hotel Biz - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/carey-watermark-makes-77m-statement-in-nashville-hotel-biz\/","og_locale":"en_US","og_type":"article","og_title":"Carey Watermark Makes $77M Statement in Nashville Hotel Biz","og_description":"Carey Watermark Investors has announced the acquisition of the Hutton Hotel, one of Nashville’s top hospitality assets.","og_url":"https:\/\/www.commercialsearch.com\/news\/carey-watermark-makes-77m-statement-in-nashville-hotel-biz\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2013-06-05T20:35:17+00:00","article_modified_time":"2022-12-04T01:12:16+00:00","og_image":[{"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/hutton-hotel.jpg?w=1024","width":1024,"height":1024,"type":"image\/jpeg"}],"author":"Eliza Theiss","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.commercialsearch.com\/news\/carey-watermark-makes-77m-statement-in-nashville-hotel-biz\/#article","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/carey-watermark-makes-77m-statement-in-nashville-hotel-biz\/"},"author":{"name":"Eliza Theiss","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/de1353a5de72f96494054df3ecca7de4"},"headline":"Carey Watermark Makes $77M Statement in Nashville Hotel Biz","datePublished":"2013-06-05T20:35:17+00:00","dateModified":"2022-12-04T01:12:16+00:00","mainEntityOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/carey-watermark-makes-77m-statement-in-nashville-hotel-biz\/"},"wordCount":378,"commentCount":0,"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/carey-watermark-makes-77m-statement-in-nashville-hotel-biz\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/hutton-hotel.jpg","keywords":["National"],"articleSection":["Nashville - Knoxville","News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.commercialsearch.com\/news\/carey-watermark-makes-77m-statement-in-nashville-hotel-biz\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/carey-watermark-makes-77m-statement-in-nashville-hotel-biz\/","url":"https:\/\/www.commercialsearch.com\/news\/carey-watermark-makes-77m-statement-in-nashville-hotel-biz\/","name":"Carey Watermark Makes $77M Statement in Nashville Hotel Biz - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/carey-watermark-makes-77m-statement-in-nashville-hotel-biz\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/carey-watermark-makes-77m-statement-in-nashville-hotel-biz\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/hutton-hotel.jpg","datePublished":"2013-06-05T20:35:17+00:00","dateModified":"2022-12-04T01:12:16+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/de1353a5de72f96494054df3ecca7de4"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/carey-watermark-makes-77m-statement-in-nashville-hotel-biz\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/carey-watermark-makes-77m-statement-in-nashville-hotel-biz\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/carey-watermark-makes-77m-statement-in-nashville-hotel-biz\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/hutton-hotel.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/hutton-hotel.jpg"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/carey-watermark-makes-77m-statement-in-nashville-hotel-biz\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Carey Watermark Makes $77M Statement in Nashville Hotel Biz"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/de1353a5de72f96494054df3ecca7de4","name":"Eliza Theiss","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/96965f7dc4c1c5276e67c2727672b8636c299791a627dca31fda556cf0db9758?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/96965f7dc4c1c5276e67c2727672b8636c299791a627dca31fda556cf0db9758?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/96965f7dc4c1c5276e67c2727672b8636c299791a627dca31fda556cf0db9758?s=96&d=mm&r=g","caption":"Eliza Theiss"},"description":"Eliza Theiss is a senior writer reporting real estate trends in the US. Her work has been cited by CBS News, Curbed, The Los Angeles Times, and Forbes among others. With an academic background in journalism, Eliza has been covering real estate since 2012. Before joining PropertyShark, Eliza was an associate editor at Multi-Housing News and Commercial Property Executive. She has also contributed extensively to CommercialEdge. Reach her at eliza.theiss@yardi.com","url":"https:\/\/www.commercialsearch.com\/news\/author\/eliza\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/hutton-hotel.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004075629","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/49"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004075629"}],"version-history":[{"count":1,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004075629\/revisions"}],"predecessor-version":[{"id":1004625535,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004075629\/revisions\/1004625535"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004506944"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004075629"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004075629"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004075629"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}