Hyatt House Dallas Addison, TX Listed For Sale

CBRE Hotels is soliciting offers to acquire the fee-simple interest in the Hyatt House Dallas Addison in Addison, Texas. Located close to Addison Airport, the Galleria Dallas, and 30 minutes north of the center of Dallas, the 132-room hotel receives business from a diverse population of both corporate and leisure segments.

• Institutionally-Owned Hyatt House – Opportunity to acquire an institutionallyowned, 132-room, Hyatt House that sits on 4.00 acres of land in Addison, 30 minutes north of the center of Dallas, Texas.
• Operational Efficiency Opportunities – The Hyatt House will be delivered unencumbered of management, offering management flexibility for the new owner. Given the current operator’s national presence, the Hyatt House presents significant potential for a more hands-on operator to enhance the hotel’s revenue and efficiently manage operational costs.
• Convenient Location – The property benefits from close proximity to significant hotel demand generators, including Addison Airport, the Galleria Dallas, and numerous corporate offices, including Hilton, Concentra, and Bennigan, etc. The hotel is also well-connected to the area’s diverse array of restaurants, shops, medical centers, and colleges.
• Strong Submarket – Situated in Dallas County’s platinum corridor along the Dallas North Tollway, Addison proudly holds the distinction of being the #1 city in Texas to initiate a business and the #1 suburb in Texas for young professionals. Additionally, Addison is a vibrant town pulsating with entrepreneurial energy, hosting a variety of businesses from small start-ups to major corporations, including Mary Kay Cosmetics and Hitachi Consulting. With over 2,000 businesses calling Addison home, it is a thriving hub of economic activity.
• Dynamic and Thriving Economic Landscape with Continued Growth – Contributing about one-third of Texas’ GDP, DFW’s economy is the most diverse in the state. Thanks to its central location, low cost of living, world-class cultural and art institutions, state-of-the-art hospitals, universities, and robust transportation connectivity, DFW has become a top relocation destination for corporations and job seekers alike.

For inquiries visit here.