{"id":1004221449,"date":"2018-04-20T07:36:10","date_gmt":"2018-04-20T15:36:10","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004221449"},"modified":"2022-12-08T21:03:51","modified_gmt":"2022-12-09T05:03:51","slug":"mcr-acquires-11m-va-springhill-suites","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/mcr-acquires-11m-va-springhill-suites\/","title":{"rendered":"MCR Acquires $11M VA SpringHill Suites"},"content":{"rendered":"<p>By IvyLee Rosario<\/p>\n<div id=\"attachment_1004221452\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/SpringHill-Suites-by-Marriott-Richmond-North-Glen-Allen.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004221452\" data-attachment-id=\"1004221452\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/mcr-acquires-11m-va-springhill-suites\/springhill-suites-by-marriott-richmond-north-glen-allen\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/SpringHill-Suites-by-Marriott-Richmond-North-Glen-Allen.jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"SpringHill Suites by Marriott Richmond North Glen Allen\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;SpringHill Suites by Marriott Richmond North Glen Allen&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/SpringHill-Suites-by-Marriott-Richmond-North-Glen-Allen.jpg?w=800\" class=\"wp-image-1004221452 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/SpringHill-Suites-by-Marriott-Richmond-North-Glen-Allen.jpg\" alt=\"\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/SpringHill-Suites-by-Marriott-Richmond-North-Glen-Allen.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/SpringHill-Suites-by-Marriott-Richmond-North-Glen-Allen.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/SpringHill-Suites-by-Marriott-Richmond-North-Glen-Allen.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004221452\" class=\"wp-caption-text\">SpringHill Suites by Marriott Richmond North Glen Allen, Glen Allen, Va.<\/p><\/div>\n<p>MCR has acquired SpringHill Suites by Marriott Richmond North Glen Allen in Glen Allen, Va., for $10.9 million.<\/p>\n<p>Located at 9701 Brook Road, the 136-key hotel offers four floors of guest space. Services include a beauty shop, complimentary breakfast buffet, laundry on-site, free Wi-Fi, valet dry-cleaning, car rental, a fitness center, 300 square feet of meeting space, a 24-hour market, an indoor pool and whirlpool and a business center.<\/p>\n<p><em>\u201cWe are pleased to make this investment in the Richmond area, a region MCR has successfully invested in previously,\u201d<\/em> said <a href=\"https:\/\/www.commercialsearch.com\/news\/newly-designed-jfk-based-hotel-tops-out\/\">Tyler Morse, CEO &amp; managing partner of MCR<\/a>, in prepared remarks. <em>\u201cGiven the variety of demand generators and the continued investment from major corporations, we believe the property is positioned to generate positive returns for our investors.\u201d<\/em><\/p>\n<p>The property is situated at the intersection of interstates 295 and 95, a five-minute drive from major distribution centers for Amazon, Supervalu and FedEx, as well as offices for Capital One, Lowes, Bank of America, Oracle and Markel Corp. Nearby attractions include Kings Dominion Amusement Park, Virginia Museum of Fine Arts, Busch Gardens, Richmond International Raceway, Cobblestones Water Park and the Richmond Coliseum.<\/p>\n<p><em>Image courtesy of MCR\u00a0<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The four-story, 136-key SpringHill Suites by Marriott Richmond North Glen Allen is situated at the intersection of interstates 295 and 95, a five-minute drive from major distribution centers and office parks. <\/p>\n","protected":false},"author":746,"featured_media":1004221452,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21751,11,21742,36153],"tags":[33877,32898,40306],"class_list":["post-1004221449","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-hotel","category-midatlantic","category-latest","category-richmond-hampton-roads","tag-marriott","tag-mcr-development","tag-tyler-morse"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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