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Bellevue Marriott sells for $425,000 per room

February 9, 2016

February 5, 2016 | By JOURNAL STAFF | Daily Journal of Commerce

The new 17-story Marriott at 200 110th Ave. N.E. in downtown Bellevue sold for $163.4 million, property records show.

A real estate investment trust called Carey Watermark Investors 2 said last month it purchased the 384-room hotel but did not give the price.

The REIT, which is managed by W.P. Carey Inc. of New York and Watermark Capital Partners of Lake Forest, Illinois, paid approximately $425,415 per room.

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Loreen M. Gilbert, CIMA, AIF, CRC, CLTC – President, WealthWise Financial Services
Blue Vault
July 6, 2016

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