The DoubleTree Hotel at Campbell Centre on North Central Expressway has a new owner, reports The Dallas Morning News. Investor Black Forest Ventures bought the 300-room hotel tower in a deal brokered by HFF LP.
Terms of the transaction were not disclosed.
The 21-story hotel near North Central and Northwest Highway was built in 1980 and renovated in 2008.
Since 2006 it had been owned by a partnership of GTIS Partners and Aimbridge Hospitality.
Black Forest Ventures is a privately held asset management firm based in the Houston area.