MCR acquires 5-hotel portfolio in Texas, Washington

Owner/operator MCR has acquired a portfolio of five hotels with 674 rooms in Texas and Washington for $94 million.

Located directly across from Boeing’s Renton airplane assembly plant, the 146-room Residence Inn by Marriott Seattle South/Renton is 20 minutes from downtown Seattle and 10 minutes from Seattle-Tacoma International Airport and King County International Airport-Boeing Field. Built in 2019, the pet-friendly, extended-stay property has fully equipped kitchens in every suite, a fitness center and an outdoor patio with a grill. 

In the Telecom Corridor in Richardson, Texas, the 132-room Courtyard by Marriott Dallas Plano/Richardson and the 129-suite Residence Inn by Marriott Dallas Plano/Richardson are a half hour from downtown Dallas and 25 minutes from Dallas-Fort Worth Airport and Dallas Love Field Airport. The adjacent hotels each have an outdoor pool, a fitness center and a convenience store. The Courtyard has a Starbucks and an on-site restaurant, while the extended-stay Residence Inn has kitchens in every suite and a patio for barbecues.

On Interstate 10, 25 minutes from downtown Houston in the city’s Energy Corridor, the 132-room Courtyard by Marriott Houston I-10 West/Park Row and the 135-room Hampton Inn & Suites by Hilton Houston I-10 West/Park Row are near the headquarters of more than 300 companies. Both hotels have a fitness center and an outdoor pool.