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Prospect Ridge Buys NoVA Marriott Hotel for $64M

Summary by Commercial Observer
The perennially busy market in Tysons, Va., had a final eight-figure hotel sale before crossing into the new year.  An affiliate of New York-based investment firm Prospect Ridge purchased the 396-key Tysons Corner Marriott from an affiliate of Rockwood Capital for $63.9 million in early December, according to Fairfax County property records. The Business Journals first reported the news.  Rockwood acquired the hotel at 8028 Leesburg Pike in 2018…
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Commercial Observer broke the news in on Thursday, January 2, 2025.
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