Located at 3111 Fairview Park Dr., the hotel underwent a totalrenovation of the guestrooms and corridors recently. JER says itintends to undertake further renovations to the public areasincluding the lobby, restaurant, lounge, fitness center, gift shopand meeting space.

"JER views Washington, DC as one of the premier lodging marketsin the world, with a favorable business climate, strong tourismappeal, and abundant government and military demand," says CiaBuckley, president of US Fund Business at JER, in a statement. "Asa result of limited competing supply near the hotel, we believethat the Fairview Park Marriott Hotel is ideally suited to benefitfrom these strong demand generators."

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Erika Morphy

Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.