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September 20, 2019
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PACIFIC NORTHWEST NEWS
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DoubleTree by Hilton Hotel Salem, Oregon Gets New Owner

7/24/19

BHG Hotels purchased the DoubleTree by Hilton Hotel Salem, Oregon, an 80-room, full-service, Hilton-branded hotel in Salem, OR. The asset was sold by an institutional seller.

DoubleTree by Hilton Hotel Salem, Oregon features two meeting rooms totaling 1.5k sf, an outdoor swimming pool, a fitness center and business center along with several food and beverage options, including the on-site restaurant Press NW Bistro & Bar, which serves lunch and dinner and hosts a happy hour; Wake-up DoubleTree Breakfast Buffet; and Pavilion Pantry Market. Constructed in 1997, the four-story hotel was converted to a DoubleTree in 2012.

DoubleTree by Hilton Hotel Salem, Oregon is situated on 1.48 acres at 1590 Weston Court NE in Salem, which is the capital of Oregon and located at the foothills of the Cascade Mountains two hours away from the ski slopes of Mt. Bachelor, one hour from the Oregon coast and proximate to Oregonís wine country. The hotel is 47 miles south of Portland in the Willamette Valley and along the western edge of Interstate 5, which provides connectivity to the entire region, and about 2.5 miles to Salemís historic downtown and the state capitol building.

Scott Hall, Aaron Lapping, Blake Malecha and Nick Kassab with JLL Capital Markets represented the seller in the transaction. The asset traded unencumbered of existing management and debt.





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