MCR Acquires 150-Room Marriott-Branded Hotel in Newark

NEWARK, N.J. — MCR, a hospitality owner-operator based in Dallas and New York City, has acquired the 150-room Courtyard by Marriott Newark Downtown. The property, which opened in 2012, is located near Newark Penn Station, Newark Liberty International Airport and the Prudential Center, a live music venue. Hotel amenities include a restaurant, coffee shop, snack shop, a fitness center and more than 4,000 square feet of meeting and event space. The seller and sales price were not disclosed.

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‣ Lee & Associates
‣ NAI Global
‣ Walker & Dunlop

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