HAMPTON MARINA HOTEL CHANGES HANDS

by admin

HAMPTON, VA. — Hampton Hotel Associates, an affiliate of MHI Hospitality, has purchased Hampton Marina Hotel, a nine-story, 172-unit property in downtown Hampton, from the Hampton Economic Development Corp. David Mumford of The Mumford Company’s Newport News, Va., office was the sole broker and exclusively represented the seller. The new owner plans to invest more than $5 million to reposition the property as a Crowne Plaza.

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