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ARLINGTON, VA-The Hilton Garden Inn Courthouse closed on Friday, trading for $60 million, or $320,000 per key. The local seller, recorded as Courthouse Hotel Properties LLC, sold the 189-key property to a national company, CP-IPERS Arlington Hotel LLC. Humboldt Hospitality Advisors’ principal Marc Magazine, formerly of CB Richard Ellis and CBRE’s Doug Henkel brokered the sale.

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