Urbana Varro acquires The Hilton – Greenville

Monday - January 27, 2014

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Dallas-based Urbana Varro, LLC (www.urbanavarro.com), a fully integrated hospitality investment and hotel management company, has announced the acquisition of the Hilton Greenville in Greenville, SC to its current portfolio. This asset represents the seventh and final acquisition of the company’s hospitalit- focused Urbana Varro Opportunity Fund I. The 256-key full-service hotel is located on I-385 North, in Greenville’s premier business, shopping, dining and entertainment district and just three minutes from downtown.

“We’re excited about welcoming this highly regarded Hilton hotel into the Urbana Varro family,” stated Jeremy Soder, managing partner of Urbana Varro. “We look forward to bringing our extensive experience in full service hotel management to the operation of this well-situated property.”Located just 10 miles from the Greenville/Spartanburg International Airport at 45 West Orchard Park Drive, the Hilton Greenville is ideally situated for business in the Greenville area, convenient to surrounding corporations including BMW, Fluor Corp, GE, IBM, Lockheed Martin and Michelin. In addition, the hotel is minutes from Haywood Mall and a variety of upscale retail stores and fine dining options, and near to Clemson University – International Center for Automotive Research (CU-ICAR).

The Hilton Greenville features 12,000 sq. ft. of meeting space including two ballrooms and multiple meeting rooms, a state of the art fitness center, indoor pool and outdoor sundeck, complimentary area shuttle, free on-site parking and an executive floor. Breakfast, lunch and dinner are served in the relaxing ambiance of the Bistro 45 Carolina Fresh Restaurant, and guests gather nightly in the comfortable lobby bar. This is Urbana Varro’s second managed commercial real estate property in South Carolina. The company also has assets located throughout Texas, California, Alabama, South Carolina and Georgia.

For more information on the Hilton Greenville, visit www.greenvillesc.hilton.com or call 864-232-4747.

URBANA VARRO, LLC
www.UrbanaVarro.com
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