ANAHEIM, CA-Chesapeake Lodging Trust of Annapolis, MD has acquired the Courtyard by Marriott Anaheim Hotel at Disneyland from Tarsadia Hotels for $25 million in its second recent hotel acquisition in Southern California. The property is a 153-room, four-story hotel at 2045 S. Harbor Blvd. that is situated on 2.3 acres of land next to the Anaheim Convention Center and across from Disneyland Resort. Tarsadia will continue to manage the hotel.

The sale was brokered by Jordan Richman, senior vice president and a member of the Hotels, Golf & Leisure practice group of Grubb & Ellis Co., in conjunction with Felix Cacciato of Hotel Equity Advisers. Richman and Cacciato represented both parties.

The hot el, which opened in 2006, includes a Ruth's Chris Steak House, a fitness center and indoor and outdoor pools. Richman notes that it is located near many attractions, including Disneyland and Angels Stadium in an area with high barriers to entry.

The sale is part of a two-property portfolio that included the sale of the 18-room Hilton Checkers Hotel in Downtown Los Angeles for $46 million in June, which was also facilitated by Richman and Cacciato. When Chesapeake acquired the Hilton Checkers, the REIT said that it would continue to operate the property as a Hilton and that it had entered into an agreement with Crestline Hotels and Resorts Inc. to operate the hotel under the Hilton flag.

Like the Anaheim property, the Hilton Checkers is also located near a number of attractions, including the Staples Center, Los Angeles Convention Center, Nokia Theater L.A. Live and the Disney Concert Hall.