Bajwa Properties Acquires 229-Room Hotel Portfolio in Reno, Nevada

RENO, NEV. — Reno-based Bajwa Properties has purchased a two-property hospitality portfolio in Reno. Terms of the transaction were not released.

The 229-room portfolio includes a 94-key Staybridge Suites and a 135-key Hilton Garden Inn.

Located at 10559 Professional Circle, Staybridge Suites features a 24-hour business center, onsite meeting room with flexible space, an outdoor pool and a fitness center. Hilton Garden Inn, at 9920 Double R Blvd., offers an onsite restaurant, business center, fitness center, indoor pool and event space.

Bill Murney and Steve Avanzino of Cushman & Wakefield represented the undisclosed seller in the deal.