Fresh off of Renovation, Telecom Corridor Hilton Finds Buyer
RICHARDSON, TX—A strategically located hotel in the immediate vicinity of Telecom Corridor recently attracted buyer interest. Hilton Garden Inn Dallas/Richardson, a four-story 125-room select-service hotel was sold by a Texas-based LLC, and the buyer and price were undisclosed.
“The hotel provides an attractive option for travelers associated with the University of Texas at Dallas and State Farm’s headquarters, and it’s also in the immediate vicinity of Telecom Corridor, which provides a diverse array of corporate users,” said Chris Gomes, senior managing director investments in Marcus & Millichap’s Dallas office. “This advantageous location provides the property with insulation from new supply being added in Richardson.”