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The hotel benefits from the area's wide variety of corporate demand generators, dining and shopping options, says Apple Hospitality REIT's Nelson Knight, executive vice president and chief investment officer.
The Newark data infrastructure now is the envy of many locations around the country, featuring 10 gigabit-per-second speed, one of the fastest urban data networks.
American Landmark is capitalizing on the inherent suburbanization of the DFW MSA facilitated by the recent completion and opening of State Highway 360, with access to downtown employment centers.
Across Houston, the population growth is not slowing down but speeding up, which is great for retail, along with industrial, which are neck and neck, both at 95% occupied.
The 240,66-square-foot cross-dock facility has been owned and occupied by Hellman Worldwide Logistics since its opening in 1996 and serves as the Osnabrueck, Germany-based company's North American headquarters.