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SEATTLE-Fresh off of its $110 million acquisition of the Westin Gaslamp Hotel in San Diego, the Bethesda, MD-based Pebblebrook Hotel Trust has acquired the 189-room Hotel Monaco at the corner of Fourth Avenue and Spring Street for $51.2 million. Pebblebrook bought the full-service, boutique hotel in the central business district of Downtown Seattle from Kimpton Hotels & Restaurants, which will continue to manage the property.

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