Sunday, July 16, 2017

HFF closes the sale of 2-property hotel portfolio near Los Angeles International Airport

Aloft El Segundo Hotel  -- Los Angeles Airport

Tony Malk
LOS ANGELES, CA –– Holliday Fenoglio Fowler, L.P. (HFF) announced t has closed the sale of a two-property, 596-room hotel portfolio comprising an Aloft and Fairfield Inn & Suites proximate to Los Angeles International Airport (LAX) in the Los Angeles-area community of El Segundo, California, for an undisclosed price.

HFF marketed the property on behalf of the seller, Rubicon Companies. 

The portfolio comprises the Aloft El Segundo – Los Angeles Airport and the Fairfield Inn & Suites Los Angeles LAX/El Segundo.  The Aloft hotel is located at 475 North Sepulveda Boulevard, and the Fairfield Inn property is located less than a block away at 525 North Sepulveda Boulevard.

Both hotels are less than one mile from LAX and proximate to both Interstate 105 and 405, which allows for easy access to a variety of Los Angeles area demand drivers, including shopping, restaurants, beaches and more.

The 246-room Aloft features the Re:fuel grab-and-go food option, Re-charge 24-hour fitness center, Splash pool, meeting space, Re:mix lounge, W XYZ® bar with cocktails and full food menu and room access via app.

Scott Hall
 The Marriott-branded Fairfield Inn contains 350 rooms and features a complimentary breakfast buffet, outdoor pool, fitness center and meeting space.

The HFF investment sales team representing the seller was led by managing directors Tony Malk and Scott Hall.

 For a complete copy of the company’s news release, please contact:

Kristen M. Murphy
Director, Public Relations
HFF | One Post Office Square, Suite 3500 | Boston, MA 02109
Main: 617-338-0990 | Direct: 617-848-1572 | Cell: 617-543-4873 |

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