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ANN ARBOR, MICH — Lowe Enterprises Investors (LEI), in a joint venture with a foreign investment client, has acquired the 149‐room Hampton Inn Ann Arbor for an undisclosed price. LEI plans to renovate the guest rooms, bathrooms and fitness center. Amenities at the hotel, located at 925 Victors Way, include an indoor pool and spa tub, fitness center, complimentary hot breakfast and a 24-hour business center. Hodges Ward Elliott represented the undisclosed seller in the transaction.