INVESTMENT GROUP ACQUIRES EMBASSY SUITES FOR $9.7M

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PISCATAWAY, N.J. — 121 Centennial Avenue LLC, a local hotel investment group from Edison, N.J., has purchased the 221-room Embassy Suites in Piscataway for $9.7 million. Embassy Suites is situated off Interstate I-287 and is in close proximity to Rutgers University and the Garden State Exhibit Center. Geoff Davis and Ketan Patel of HREC Investment Advisors represented the seller in the transaction.

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