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Hersha Pays $75Mln for Sunnyvale, Calif., Hotel
Hersha Hospitality Trust has paid $75 million, or $517,241/room, for the 145-room Courtyard by Marriott hotel in Sunnyvale, Calif., a two-year-old property that was developed by T2 Development. As part of its purchase, Hersha, a Philadelphia REIT, has assumed a ...
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