HREC Investment Advisors is pleased to announce, it has arranged the sale of the 107-guestroom Hampton Inn Pittsburgh-McKnight located in Pittsburgh, Pennsylvania.

HREC Investment Advisors exclusively represented the seller on this transaction. The marketing and negotiations were led by Ketan Patel, Managing Director, located in the Washington D.C. office, Ted Anka, Vice President located in the Miami office and Mark von Dwingelo, Broker of Record for Pennsylvania.

The Hotel is located immediately off of McKnight Road roughly five miles north of Downtown Pittsburgh. Optimally situated between Cranberry Township and Downtown Pittsburgh, the Hotel profits directly from a healthy mix of diversified businesses, as well as its proximity to major area attractions, such as Ross Park Mall and Downtown Pittsburgh. The Property is located near major industrial, medical and university demand generators, such as the UPMC Passavant Medical Center, Triangle Tech, University of Pittsburgh, and Carnegie Mellon University.

About HREC®: HREC® is the nation’s leading lodging and gaming real estate advisory firm specializing in property sales, mortgage brokerage, equity/JV structuring, consulting including market studies, and litigation support. With offices throughout North America, HREC® is distinguished by unwavering commitment to client service and success through its team approach, intellectual capital and hotel/casino specialization.