{"id":1004102238,"date":"2014-08-13T18:50:02","date_gmt":"2014-08-14T02:50:02","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=284324"},"modified":"2020-05-13T02:58:13","modified_gmt":"2020-05-13T10:58:13","slug":"intown-suites-buys-4-properties-in-hampton-roads","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/intown-suites-buys-4-properties-in-hampton-roads\/","title":{"rendered":"InTown Suites Buys 4 Properties in Hampton Roads"},"content":{"rendered":"<p style=\"text-align: justify;\"><em>By Adrian Maties, Associate Editor<\/em><\/p>\n<p style=\"text-align: justify;\"><a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/08\/65165165.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-284339\" title=\"65165165\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/08\/65165165.jpg\" alt=\"\" width=\"300\" height=\"215\" \/><\/a>In a $17 million deal, InTown Suites Extended Stay Living has acquired four extended-stay properties in the Hampton Roads region.<\/p>\n<p style=\"text-align: justify;\">According to the <a href=\"https:\/\/articles.dailypress.com\/2014-08-08\/business\/dp-tidewaterbiz-savannah-suites-sold-20140807_1_hampton-roads-intown-suites-extended-stay-presence\" rel=\"nofollow\" ><em>Daily Press<\/em><\/a>, the properties are located at 2134 West Mercury Boulevard in Hampton, 11715-B Jefferson Avenue in Newport News, 5649 Lowery Road in Norfolk and 1409 Tintern Street in Chesapeake. All were formerly Savannah Suites.<\/p>\n<p style=\"text-align: justify;\">In a statement, InTown Suites said that it will convert the properties to its apartment-style operating model. Planned enhancements include ultra-high-speed Wi-Fi and 42-inch high-definition TVs. According to InTown Suites\u2019 website, room rates at these properties start at $229.99 per week.<\/p>\n<p style=\"text-align: justify;\">\u201cAcross the country, we are retooling InTown by making these and other improvements to provide our guests the most desirable, economical experience in flexible, lease-free living,\u201d said InTown Suites CEO Jonathan Pertchik in a statement.<\/p>\n<p style=\"text-align: justify;\"><a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/08\/phpThumb.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-284340\" title=\"phpThumb\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/08\/phpThumb.jpg\" alt=\"\" width=\"300\" height=\"215\" \/><\/a>The acquisition nearly doubles InTown Suites&#8217; presence in the Hampton Roads area to 10 extended-stay hotels, which are located in Chesapeake, Chester, Hampton, Newport News, Norfolk, North Chesterfield and Virginia Beach. InTown Suites\u2019 portfolio currently comprises 139 properties and 17,500 guest rooms in 21 states.<\/p>\n<p style=\"text-align: justify;\">&#8220;Expansion into this already successful and profitable market ensures we remain the leading provider of extended-stay value in Hampton Roads,\u201d Pertchik added.<\/p>\n<p style=\"text-align: justify;\"><em>Photo credits: <a href=\"https:\/\/www.intownsuites.com\/\" rel=\"nofollow\" >InTown Suites Extended Stay Living<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>InTown Suites Extended Stay Living is expanding its presence in the Hampton Roads area. The Atlanta-based company has recently purchased four extended-stay properties in the region.<\/p>\n","protected":false},"author":925,"featured_media":1004506992,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[36153],"tags":[3457,1815],"class_list":["post-1004102238","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-richmond-hampton-roads","tag-hampton-roads","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>InTown Suites Buys 4 Properties in Hampton Roads - 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\/intown-suites-buys-4-properties-in-hampton-roads\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"InTown Suites Buys 4 Properties in Hampton Roads\" \/>\n<meta property=\"og:description\" content=\"InTown Suites Extended Stay Living is expanding its presence in the Hampton Roads area. The Atlanta-based company has recently purchased four extended-stay properties in the region.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/intown-suites-buys-4-properties-in-hampton-roads\/\" \/>\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=\"2014-08-14T02:50:02+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-05-13T10:58:13+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/65165165.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=\"Adrian Maties\" \/>\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\\\/intown-suites-buys-4-properties-in-hampton-roads\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/intown-suites-buys-4-properties-in-hampton-roads\\\/\"},\"author\":{\"name\":\"Adrian Maties\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/6dfc8d1c9006c9fd1c89d69133130109\"},\"headline\":\"InTown Suites Buys 4 Properties in Hampton Roads\",\"datePublished\":\"2014-08-14T02:50:02+00:00\",\"dateModified\":\"2020-05-13T10:58:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/intown-suites-buys-4-properties-in-hampton-roads\\\/\"},\"wordCount\":211,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/intown-suites-buys-4-properties-in-hampton-roads\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2021\\\/03\\\/65165165.jpg\",\"keywords\":[\"Hampton Roads (No longer used)\",\"National\"],\"articleSection\":[\"Richmond\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/intown-suites-buys-4-properties-in-hampton-roads\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/intown-suites-buys-4-properties-in-hampton-roads\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/intown-suites-buys-4-properties-in-hampton-roads\\\/\",\"name\":\"InTown Suites Buys 4 Properties in Hampton Roads - 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