Sunday 27 September 2020

Amazon grows HQ2 site near DC with hotel buy

Amazon’s massive HQ2 development outside Washington D.C. may be expanding. The e-commerce leviathan bought a Residence Inn by Marriott near the Arlington, Virginia site that’s earmarked for its second North American headquarters, the Washington Business Journal reported. Amazon plans to demolish the hotel. The seller is an affiliate of Blackstone Group, which let the property go for $148.5 million. Blackstone purchased the hotel for $99.1 million last July, eight months after Amazon chose the area



source https://therealdeal.com/2020/09/27/amazon-grows-hq2-site-near-dc-with-hotel-buy/

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