ACCOR ACQUIRES HOTEL

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VIRGINIA BEACH, VA. — Accor North America has acquired Fairfield Inn Virginia Beach Town Center, a 131-room hotel, from Virginia Beach Hotel LLC, for an undisclosed amount. The property is located 9 miles from the Virginia Beach Convention Center. Accor will convert the hotel to a Motel 6. Mark Morris and Dustin Resnick of Molinaro Koger’s Washington D.C., office were the sole brokers in the transaction and exclusively represented the seller.

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