{"id":1004384543,"date":"2020-01-22T06:06:27","date_gmt":"2020-01-22T14:06:27","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004384543"},"modified":"2020-01-22T07:24:52","modified_gmt":"2020-01-22T15:24:52","slug":"charleston-attracts-noble-investment","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/charleston-attracts-noble-investment\/","title":{"rendered":"Charleston Attracts Noble Investment"},"content":{"rendered":"<div id=\"attachment_1004384552\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/01\/HiltonGardenInn_Charleston_Mt.Pleasant.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004384552\" data-attachment-id=\"1004384552\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/charleston-attracts-noble-investment\/noble-investment-group-hilton-garden-inn-charleston-mt-pleasant\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/01\/HiltonGardenInn_Charleston_Mt.Pleasant.jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;Noble Investment Group&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;Noble has acquired the Hilton Garden Inn Charleston | Mt. Pleasant. In 2019, Charleston was named the No. 1 Best Small City in the United States by Cond\\u00e9 Nast Traveler and, for the 7th consecutive year, Travel + Leisure named Charleston the No. 1 City in the United States and No. 12 Best City in the World.&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;Noble Investment Group Hilton Garden Inn Charleston Mt Pleasant&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"Noble Investment Group Hilton Garden Inn Charleston Mt Pleasant\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Hilton Garden Inn Charleston| Mount Pleasant. Image courtesy of Noble Investment Group&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/01\/HiltonGardenInn_Charleston_Mt.Pleasant.jpg?w=800\" class=\"wp-image-1004384552 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/01\/HiltonGardenInn_Charleston_Mt.Pleasant.jpg\" alt=\"\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/01\/HiltonGardenInn_Charleston_Mt.Pleasant.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/01\/HiltonGardenInn_Charleston_Mt.Pleasant.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/01\/HiltonGardenInn_Charleston_Mt.Pleasant.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004384552\" class=\"wp-caption-text\">Hilton Garden Inn Charleston| Mount Pleasant. <em>Image courtesy of Noble Investment Group<\/em><\/p><\/div>\n<p>Citing strong and consistent growth in the Charleston, S.C., market, Atlanta-based Noble Investment Group has acquired a 133-key property located between downtown Charleston and the beaches of Isle of Palms and Sullivan\u2019s Island.&nbsp;<\/p>\n<hr>\n<p><strong>READ ALSO<\/strong>: <a href=\"https:\/\/www.commercialsearch.com\/news\/a-noble-acquisition\/\">A Noble Deal in Yale\u2019s Backyard<\/a><\/p>\n<hr>\n<p>The Hilton Garden Inn Charleston| Mount Pleasant is located at the base of the Arthur Ravenel Jr. Bridge, which provides direct access to <a href=\"https:\/\/www.commercialsearch.com\/news\/greystar-completes-south-carolina-headquarters\/\">Charleston\u2019s historic district<\/a> about 3 miles from the hotel. The property is also about 9 miles from the Charleston International Airport and in close proximity to top employers including the Medical University of South Carolina, Boeing and Volvo.<\/p>\n<p>The six-story asset was built in 2015. Amenities include a 24-hour business center and fitness center, a grab-and-go market, laundry facilities and free Wi-Fi throughout the property. The hotel also features a full-service restaurant, The Garden Grille &amp; Bar, as well as a second-floor rooftop terrace with a swimming pool and fire pit. Guests also have access to more than 5,000 square feet of flexible meeting and event space, including indoor and outdoor areas.<\/p>\n<p>Charleston is frequently recognized as a top national and global travel destination and was named the No. 1 Best Small City in the U.S. by <em>Conde Nast Traveler<\/em> in its Readers\u2019 choice Awards in 2019. <em>Travel + Leisure<\/em> also rated Charleston as the top city in the U.S. for the seventh consecutive year and the No. 12 Best City in the World. Marcus &amp; Millichap\u2019s <em>Second Half 2019 Hospitality Report<\/em> for the Carolinas noted developers completed more than 2,000 guestrooms in the Charleston market over past eight quarters ending in June 2019. The report stated that steadily improving occupancy and RevPAR had heightened investor demand for hotels in the Carolinas, with total sales up nearly 30 percent in the 12 months ending in June 2019 in South Carolina. Economy and mid-scale hotels sold with greater frequency during that period. In South Carolina, Marcus &amp; Millichap reported the average daily rate rose 1.0 percent, while RevPAR was up slightly, at 0.7 percent.<\/p>\n<h2><strong>More Noble deals<\/strong><\/h2>\n<p>The Charleston transaction comes a few weeks after Noble completed the acquisition of the Hampton Inn &amp; Suites Downtown Denver and Homewood Suites by Hilton Downtown Denver, with a combined 302 guestrooms and suites. The dual-branded hotels also have a fitness center, an indoor pool and whirlpool, more than 7,000 square feet of meeting space and the 550 Bar and Patio for food and cocktails. The hotels are centrally located in downtown Denver, which has more than 25 million square feet of Class A office space, more than 300 restaurants, three major sports stadiums, the Pepsi Center, Denver Performing Arts Center and a variety of art and history museums.<\/p>\n<p>Late last year, Noble added the 135-key, seven-story New Haven Hotel near Yale University in downtown New Haven, Conn. In May, Noble <a href=\"https:\/\/www.commercialsearch.com\/news\/noble-secures-31m-construction-loan-for-nashville-eco-hotel\/\">secured $31.2 million in construction financing<\/a> from Regions Bank for the development of the 169-key Element Nashville West End.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The hospitality group has acquired a 133-key hotel in the city, which is growing a reputation as a top travel destination.<\/p>\n","protected":false},"author":1068,"featured_media":1004384552,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21808,21751,21742],"tags":[32805,34836,34546,33032],"class_list":["post-1004384543","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-featured","category-hotel","category-latest","tag-hilton","tag-marcus-millichap","tag-noble-investment-group","tag-revpar"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Charleston Attracts Noble Investment - 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\/charleston-attracts-noble-investment\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Charleston Attracts Noble Investment\" \/>\n<meta property=\"og:description\" content=\"The hospitality group has acquired a 133-key hotel in the city, which is growing a reputation as a top travel destination.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/charleston-attracts-noble-investment\/\" \/>\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=\"2020-01-22T14:06:27+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-01-22T15:24:52+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/01\/HiltonGardenInn_Charleston_Mt.Pleasant.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Gail Kalinoski\" \/>\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\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/charleston-attracts-noble-investment\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/charleston-attracts-noble-investment\/\",\"name\":\"Charleston Attracts Noble Investment - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/charleston-attracts-noble-investment\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/charleston-attracts-noble-investment\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/01\/HiltonGardenInn_Charleston_Mt.Pleasant.jpg\",\"datePublished\":\"2020-01-22T14:06:27+00:00\",\"dateModified\":\"2020-01-22T15:24:52+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/fc5b5df1393e5023d2417bd48c2fda57\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/charleston-attracts-noble-investment\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/charleston-attracts-noble-investment\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/charleston-attracts-noble-investment\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/01\/HiltonGardenInn_Charleston_Mt.Pleasant.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/01\/HiltonGardenInn_Charleston_Mt.Pleasant.jpg\",\"width\":800,\"height\":620,\"caption\":\"Hilton Garden Inn Charleston| Mount Pleasant. Image courtesy of Noble Investment Group\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/charleston-attracts-noble-investment\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Charleston Attracts Noble Investment\"}]},{\"@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\/fc5b5df1393e5023d2417bd48c2fda57\",\"name\":\"Gail Kalinoski\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/04\/Gail-Kalinoski-headshot.jpeg?w=86\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/04\/Gail-Kalinoski-headshot.jpeg?w=86\",\"caption\":\"Gail Kalinoski\"},\"description\":\"Kalinoski has been a contributing writer to Commercial Property Executive and Multi-Housing News since 2010 and previously wrote for three years for Commercial Property News. 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