Embassy Suites in Tysons Corner Changes Hands
- Nov 18, 2016
By Bogdan Odagescu, Associate Editor
Washington—Noble Investment Group recently bought the Embassy Suites by Hilton Tysons Corner in Vienna, Va. Financial details have not been disclosed. The property last traded in 2007, for a price tag of $53.7 million, according to Fairfax County records.
Located at 8517 Leesburg Pike, the Embassy Suites by Hilton Tysons Corner offers 234 two-room suites and features a business center, indoor pool, fitness center, complimentary Wi-Fi, free cook-to-order breakfast and roughly 1,700 square feet of flexible meeting space.
Located just steps away from the newly opened Spring Hill Station for the Silver Line, the hotel is situated midway between Dulles International Airport and central Washington, D.C., in an area sizzling with new development, both commercial and residential.
“This dynamic market has historically enjoyed a strong corporate and retail presence; however, the opening of the Metro’s Silver Line, the largest infrastructure project ever built in the Washington, D.C. region, has led to a boom in high-density multifamily development, which is transforming Tysons Corner into a seven day a week urban center,” said Ben Brunt, Noble principal, in prepared remarks.
The new owner announced that the property will undergo an extensive guest room and public area upgrade and renovation process. The hotel will continue to be managed by HEI Hotels & Resorts.
Image courtesy of Noble Investment Group