{"id":1004108020,"date":"2014-11-20T22:15:30","date_gmt":"2014-11-21T06:15:30","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=308100"},"modified":"2022-12-08T10:51:48","modified_gmt":"2022-12-08T18:51:48","slug":"urbana-varro-acquires-311-room-sheraton-arlington-hotel","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/urbana-varro-acquires-311-room-sheraton-arlington-hotel\/","title":{"rendered":"Urbana Varro Acquires 311-Room Sheraton Arlington Hotel"},"content":{"rendered":"<p><em>By Liviu Oltean, Associate Editor<\/em><\/p>\n<p><a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/11\/Sheraton-Hotels-and-Resorts.png\"><img decoding=\"async\" loading=\"lazy\" class=\"size-medium wp-image-308102 alignright\" title=\"Sheraton Hotels and Resorts\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/11\/Sheraton-Hotels-and-Resorts.png\" alt=\"\" width=\"300\" height=\"189\" \/><\/a><\/p>\n<p>Urbana Varro, a Dallas-based commercial real estate investment, development and management firm, recently announced the acquisition of the full-service, 311-room Sheraton Arlington Hotel. The asset, which was acquired for an undisclosed amount, is located near the Arlington Convention Center, AT&amp;T Stadium and Globe Life Park.<\/p>\n<p>\u201cThe Sheraton Arlington Hotel will provide us with exposure in the thriving Dallas market and will be a great addition to our growing portfolio,\u201d said Jeremy Soder, chief marketing officer for Urbana Varro. \u201cWhile several other buyers were evaluated throughout the selection process, we prevailed, primarily because we were successful in demonstrating our financial ability to close large transactions.\u201d<\/p>\n<p>\u201cWe are excited to acquire this significant full-service hotel in Arlington, which has evolved within the past few years as a prime tourist attraction and sports hub for the Dallas-Fort Worth Metroplex,\u201d added Feliz Jarvis, chief hotel operations officer for the company.<\/p>\n<p>While Urbana Varro has increased its Texas footprint through such acquisitions as the TownePlace Suite by Marriott in Austin and Houston, this is its first Dallas-area purchase.<\/p>\n<p>Allan Gutierrez, CEO for Urbana Varro, added that the hotel aligned itself with the company\u2019s portfolio of premium branded assets purchased below replacement cost. The hotel, he said, represented an excellent investment due to its value-added potential.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Urbana Varro, a Dallas-based commercial real estate investment, development and management firm, recently announced the acquisition of the full-service, 311-room Sheraton Arlington Hotel in Arlington, Texas. The asset, which was acquired for an undisclosed amount, is located near the Arlington Convention Center, the AT&amp;T Stadium and Globe Life Park.<\/p>\n","protected":false},"author":1158,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1586,21742],"tags":[],"class_list":["post-1004108020","post","type-post","status-publish","format-standard","hentry","category-dallas","category-latest"],"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>Urbana Varro Acquires 311-Room Sheraton Arlington Hotel - 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\/urbana-varro-acquires-311-room-sheraton-arlington-hotel\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Urbana Varro Acquires 311-Room Sheraton Arlington Hotel\" \/>\n<meta property=\"og:description\" content=\"Urbana Varro, a Dallas-based commercial real estate investment, development and management firm, recently announced the acquisition of the full-service, 311-room Sheraton Arlington Hotel in Arlington, Texas. The asset, which was acquired for an undisclosed amount, is located near the Arlington Convention Center, the AT&amp;T Stadium and Globe Life Park.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/urbana-varro-acquires-311-room-sheraton-arlington-hotel\/\" \/>\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=\"2014-11-21T06:15:30+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-08T18:51:48+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/11\/Sheraton-Hotels-and-Resorts.png\" \/>\n<meta name=\"author\" content=\"Liviu Oltean\" \/>\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\\\/urbana-varro-acquires-311-room-sheraton-arlington-hotel\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/urbana-varro-acquires-311-room-sheraton-arlington-hotel\\\/\"},\"author\":{\"name\":\"Liviu Oltean\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/a12696609e74785a9cb5f8f7eae8bbd0\"},\"headline\":\"Urbana Varro Acquires 311-Room Sheraton Arlington Hotel\",\"datePublished\":\"2014-11-21T06:15:30+00:00\",\"dateModified\":\"2022-12-08T18:51:48+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/urbana-varro-acquires-311-room-sheraton-arlington-hotel\\\/\"},\"wordCount\":225,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/urbana-varro-acquires-311-room-sheraton-arlington-hotel\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2014\\\/11\\\/Sheraton-Hotels-and-Resorts.png\",\"articleSection\":[\"Dallas\",\"News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/urbana-varro-acquires-311-room-sheraton-arlington-hotel\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/urbana-varro-acquires-311-room-sheraton-arlington-hotel\\\/\",\"name\":\"Urbana Varro Acquires 311-Room Sheraton Arlington Hotel - 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