{"id":1004183968,"date":"2017-07-14T04:52:34","date_gmt":"2017-07-14T12:52:34","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004183968"},"modified":"2022-12-08T13:58:57","modified_gmt":"2022-12-08T21:58:57","slug":"noble-buys-dual-branded-arundel-mills-hotel","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/noble-buys-dual-branded-arundel-mills-hotel\/","title":{"rendered":"Noble Buys Dual-Branded Arundel Mills Hotel"},"content":{"rendered":"

By Bogdan Odagescu<\/p>\n

Noble Investment Group acquired the 289-key, dual-branded Aloft and Element Arundel Mills in Hanover, Md., from LTD Hospitality Group. The two Starwood-branded hotels were completed in 2009 and renovated in 2015. Financial details have not been disclosed, but the property\u2019s last assessment values the asset at roughly $31.2 million, according to Anne Arundel County records.<\/p>\n

Located at 7520-7522 Teague Road, the Element and Aloft hotels are situated adjacent to the 1.6 million-square-foot Arundel Mills mall, Maryland\u2019s largest upscale retail center. The properties are also close to Maryland! Live Casino<\/a> and the Baltimore\/Washington International Airport, some 22 miles southwest of downtown Baltimore.<\/p>\n

Large employers, solid fundamentals<\/h2>\n

The area offers high-density employment clusters, with the list of nearby companies including General Dynamics, Northrup Grumman, Siemens, CSC, Aerotek and Booz Allen Hamilton.<\/p>\n

“The Arundel Mills\/BWI market has continued expand with a consistent demand base anchored by defense- and government-related businesses,”<\/em> said Noble Principal Ben Brunt, in prepared remarks. “The Aloft and Element acquisition provides Noble the opportunity to acquire an institutional quality, dual-branded hotel, at a significant discount to replacement cost; and at a time when these exciting brands are also set to benefit from joining the Marriott reservation system.”<\/em><\/p>\n

Images courtesy of Noble Investment Group<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Completed in 2009 and renovated in 2015, the 289-key property is located next to Maryland\u2019s largest upscale retail center.<\/p>\n","protected":false},"author":740,"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":[1579,21743,21751,11,21742],"tags":[36757,36316,34546],"class_list":["post-1004183968","post","type-post","status-publish","format-standard","hentry","category-baltimore","category-deals","category-hotel","category-midatlantic","category-latest","tag-baltimore-washington-corridor","tag-ltd-hospitality-group","tag-noble-investment-group"],"acf":[],"yoast_head":"\nNoble Buys Dual-Branded Arundel Mills 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\/noble-buys-dual-branded-arundel-mills-hotel\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Noble Buys Dual-Branded Arundel Mills Hotel\" \/>\n<meta property=\"og:description\" content=\"Completed in 2009 and renovated in 2015, the 289-key property is located next to Maryland\u2019s largest upscale retail center.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/noble-buys-dual-branded-arundel-mills-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=\"2017-07-14T12:52:34+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-08T21:58:57+00:00\" \/>\n<meta name=\"author\" content=\"Bogdan Odagescu\" \/>\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\\\/noble-buys-dual-branded-arundel-mills-hotel\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/noble-buys-dual-branded-arundel-mills-hotel\\\/\"},\"author\":{\"name\":\"Bogdan Odagescu\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/b496539dc21c086e1deff9b417453162\"},\"headline\":\"Noble Buys Dual-Branded Arundel Mills Hotel\",\"datePublished\":\"2017-07-14T12:52:34+00:00\",\"dateModified\":\"2022-12-08T21:58:57+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/noble-buys-dual-branded-arundel-mills-hotel\\\/\"},\"wordCount\":211,\"keywords\":[\"Baltimore Washington Corridor\",\"LTD Hospitality Group\",\"Noble Investment Group\"],\"articleSection\":[\"Baltimore\",\"Deals\",\"Hotel\",\"Mid-Atlantic\",\"News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/noble-buys-dual-branded-arundel-mills-hotel\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/noble-buys-dual-branded-arundel-mills-hotel\\\/\",\"name\":\"Noble Buys Dual-Branded Arundel Mills Hotel - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\"},\"datePublished\":\"2017-07-14T12:52:34+00:00\",\"dateModified\":\"2022-12-08T21:58:57+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/b496539dc21c086e1deff9b417453162\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/noble-buys-dual-branded-arundel-mills-hotel\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/noble-buys-dual-branded-arundel-mills-hotel\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/noble-buys-dual-branded-arundel-mills-hotel\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Noble Buys Dual-Branded Arundel Mills Hotel\"}]},{\"@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\\\/b496539dc21c086e1deff9b417453162\",\"name\":\"Bogdan Odagescu\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2026\\\/03\\\/Bogdan-Odagescu.png?w=96\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2026\\\/03\\\/Bogdan-Odagescu.png?w=96\",\"contentUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2026\\\/03\\\/Bogdan-Odagescu.png?w=96\",\"caption\":\"Bogdan Odagescu\"},\"description\":\"Bogdan Odagescu is an executive editor with Commercial Property Executive and Multi-Housing News. He joined CPE and MHN in 2016, as associate editor. Bogdan coordinates news writing and editing work for the two publications, among others. He has a background in English, literature, translation and cultural journalism, and holds an MA in contemporary literature and culture from Birkbeck College, University of London.\",\"sameAs\":[\"https:\\\/\\\/www.linkedin.com\\\/in\\\/bogdanodagescu\\\/\"],\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/author\\\/bogdan-odagescu\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Noble Buys Dual-Branded Arundel Mills Hotel - 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\/noble-buys-dual-branded-arundel-mills-hotel\/","og_locale":"en_US","og_type":"article","og_title":"Noble Buys Dual-Branded Arundel Mills Hotel","og_description":"Completed in 2009 and renovated in 2015, the 289-key property is located next to Maryland\u2019s largest upscale retail center.","og_url":"https:\/\/www.commercialsearch.com\/news\/noble-buys-dual-branded-arundel-mills-hotel\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2017-07-14T12:52:34+00:00","article_modified_time":"2022-12-08T21:58:57+00:00","author":"Bogdan Odagescu","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\/noble-buys-dual-branded-arundel-mills-hotel\/#article","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/noble-buys-dual-branded-arundel-mills-hotel\/"},"author":{"name":"Bogdan Odagescu","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/b496539dc21c086e1deff9b417453162"},"headline":"Noble Buys Dual-Branded Arundel Mills Hotel","datePublished":"2017-07-14T12:52:34+00:00","dateModified":"2022-12-08T21:58:57+00:00","mainEntityOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/noble-buys-dual-branded-arundel-mills-hotel\/"},"wordCount":211,"keywords":["Baltimore Washington Corridor","LTD Hospitality Group","Noble Investment Group"],"articleSection":["Baltimore","Deals","Hotel","Mid-Atlantic","News"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/noble-buys-dual-branded-arundel-mills-hotel\/","url":"https:\/\/www.commercialsearch.com\/news\/noble-buys-dual-branded-arundel-mills-hotel\/","name":"Noble Buys Dual-Branded Arundel Mills Hotel - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"datePublished":"2017-07-14T12:52:34+00:00","dateModified":"2022-12-08T21:58:57+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/b496539dc21c086e1deff9b417453162"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/noble-buys-dual-branded-arundel-mills-hotel\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/noble-buys-dual-branded-arundel-mills-hotel\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/noble-buys-dual-branded-arundel-mills-hotel\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Noble Buys Dual-Branded Arundel Mills Hotel"}]},{"@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\/b496539dc21c086e1deff9b417453162","name":"Bogdan Odagescu","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/03\/Bogdan-Odagescu.png?w=96","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/03\/Bogdan-Odagescu.png?w=96","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/03\/Bogdan-Odagescu.png?w=96","caption":"Bogdan Odagescu"},"description":"Bogdan Odagescu is an executive editor with Commercial Property Executive and Multi-Housing News. He joined CPE and MHN in 2016, as associate editor. Bogdan coordinates news writing and editing work for the two publications, among others. He has a background in English, literature, translation and cultural journalism, and holds an MA in contemporary literature and culture from Birkbeck College, University of London.","sameAs":["https:\/\/www.linkedin.com\/in\/bogdanodagescu\/"],"url":"https:\/\/www.commercialsearch.com\/news\/author\/bogdan-odagescu\/"}]}},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004183968","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\/740"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004183968"}],"version-history":[{"count":5,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004183968\/revisions"}],"predecessor-version":[{"id":1004184007,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004183968\/revisions\/1004184007"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004183968"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004183968"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004183968"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}