Noble Investment Group Acquires The Westin Reston Heights in the Washington, D.C Metropolitan Area
June 13, 2018 12:52pm
Atlanta, GA – June 13, 2018– Noble Investment Group ("Noble") today announced the acquisition of the 191-room Westin Reston Heights located in Reston, Virginia. The hotel will undergo a comprehensive guest room and public area upgrade and renovation.
Reston is one of the leading business centers in the nation and was named as the Best Place to Live in Virginia by Money Magazine. Located less than five miles from Dulles International Airport, the area is home to a wide range of corporate and regional headquarters who occupy more than 14 million square feet of office surrounded by more than 4 million square feet of retail. The Westin Reston Heights is located proximate to the Reston Town Center which will open the Silver Line Metro Station in 2019, providing direct access throughout the Washington, D.C. area.
“Reston is among the most established commercial and residential markets in the Washington, D.C. MSA and remains poised for substantial growth with the near-term addition of major infrastructure investments along with corporate relocations,” said Noble principal, Ben Brunt. “The Westin afforded Noble the opportunity to acquire a first-class physical asset that is well suited to the wide array of demand generators in the area while offering substantial upside through the reconfiguration and enhancement of the hotel public spaces and guestrooms.”
The Westin Reston Heights features 191 guestrooms and suites, a fully-equipped 24-hour business center and Vinifera Wine Bar & Bistro. The hotel features a rooftop WestinWORKOUT® Fitness Studio along with a heated indoor pool. Guests can participate in the RunWestin program featuring custom local running maps along with the Westin New Balance program which provides guests athletic shoes and apparel they can borrow during their stay. Other amenities of the pet-friendly hotel include the Westin Kids Club and a free shuttle service within the surrounding area. The hotel also offers more than 1,000 square feet of flexible meeting and board room space.
Tags: noble investment group,
westin reston heights
Since 1993, Noble has specialized in making value-added, opportunistic and income investments in upscale select service and extended-stay hotels affiliated with Marriott, Hyatt, Hilton and Intercontinental. Through its private equity real estate funds, Noble has invested more than $3 billion in communities throughout the United States, creating thousands of jobs. As a fiduciary to state pensions, university endowments and foundations, Noble’s endeavors help to preserve and grow our limited partners’ capital which provides retirement benefits for millions of our country’s teachers, policemen and firefighters as well as financial resources for students to attend college. For more information, please visit nobleinvestment.com.
Contact: Scarlett Reveron
Noble Hires Beth Hogberg as Director of Asset Management
Noble Investment Group Opens Dual-Branded AC Hotel Atlanta Midtown and Moxy Atlanta Midtown
Noble Investment Group Acquires Residence Inn by Marriott Denver City Center
Noble and Simon Open 146-Key Homewood Suites by Hilton Edina Minneapolis as Part of Southdale Center's Mixed-Use Complex
Noble Investment Group Acquires 193-Room Hilton Garden Inn Atlanta Perimeter Center
Noble Investment Group Acquires Residence Inn by Marriott Secaucus Meadowlands
Noble Investment Group Acquires the Residence Inn by Marriott Philadelphia Great Valley | Malvern
Noble Investment Group Completes Comprehensive Renovation of Embassy Suites by Hilton Tysons Corner in Virginia
Noble Investment Group Acquires 109-Key Residence Inn by Marriott Tampa Downtown
Noble and IHG Open the Dual-Branded EVEN Hotel and Staybridge Suites Hotel South Lake Union in Downtown Seattle
Noble Investment Group Opens The Stateview, an Autograph Collection Hotel, on North Carolina State University's Centennial Campus
Noble Investment Group Acquires Staybridge Suites Tysons Corner - McLean
Noble Investment Group Acquires Home2 Suites by Hilton Rock Hill | Charlotte
Noble Investment Group Acquires Dual-branded Aloft Arundel Mills and Element Arundel Mills
Noble Investment Group Breaks Ground on 146-Key Homewood Suites by Hilton in Edina, Minnesota Slated to Open Fall 2018
Noble Investment Group Completes Comprehensive Renovation of Courtyard by Marriott Chapel Hill, North Carolina
Noble Breaks Ground on Marriott's First Dual-Brand AC Hotels By Marriott and Moxy Hotel in Midtown Atlanta
Noble Investment Group Completes Comprehensive Renovation of Courtyard Orlando Lake Buena Vista in Marriott Village
Noble Investment Group Completes Comprehensive Renovation of Courtyard by Marriott New Haven at Yale University
Noble Investment Group Acquires Embassy Suites by Hilton Tysons Corner
Please login or register to post a comment.