Highline Hospitality Partners (HHP), the hospitality investment platform launched by Highline Real Estate Partners, has acquired the Pittsburgh Marriott North in Cranberry Township, PA. The transaction marks Highline’s 17th hotel acquisition and its first investment in Pennsylvania.
HHP has engaged Avion Hospitality to manage the hotel, marking another strategic partnership between the two firms.
“We are excited to add the Pittsburgh Marriott North to our portfolio and to expand our relationship with Avion,” said Chuck Pomerantz, HHP managing partner. “This institutionally owned, high-quality asset is a strong addition given its strategic location in Cranberry Township and the diverse, stable demand generators that support the submarket. We believe the property is well-positioned to deliver durable cash flow and long-term value as we continue expanding into new markets nationwide.”
Located in the Cranberry submarket, at the entrance to the Cranberry Woods Office Park and approximately 20 miles north of downtown Pittsburgh, the 298-room hotel features approximately 12,000 sq. ft. of flexible meeting space, including a 7,500-sq.-ft. ballroom. On-site amenities include a full-service restaurant, grab-and-go market, Starbucks kiosk, an indoor pool and a fitness center.
Originally delivered in 2003, the hotel has been institutionally owned and well-maintained, benefiting from meaningful capital investment in recent years. While the property is in strong physical condition and maintains a solid guest service reputation, HHP plans to pursue targeted renovations, primarily focused on guestrooms, in the coming years to enhance its competitive positioning further.
With this acquisition, HHP now oversees a portfolio of 17 hotels comprising more than 4,600 guestrooms and more than $1 billion in hospitality assets under management. In addition, the firm provides third-party asset management oversight for four additional hotels on behalf of an institutional ownership group, bringing the total number of properties overseen by HHP to 21.
