Noble Investment Group Completes Acquisition of the Homewood Suites by Hilton Atlanta-Alpharetta

"This marks our 5th acquisition so far this year," said Mit Shah, Noble president and chief executive officer. "After a comprehensive physical property improvement plan, we believe the implementation of our proprietary management and marketing systems will position this asset as a market leader."

Located just off the Georgia 400 at Exit 8 and Mansell Road at 10775 Davis Drive, the hotel is within walking distance of many restaurants, the 100-store upscale North Point Mall and the Cooler, a state-of-the-art ice skating facility. Additionally, the property is surrounded by numerous business offices and corporate headquarters, including ACE USA, Ahlstrom, Alltel, Boral Bricks, Ciena, EDS, Imerys, Ingenico, Kimberly-Clark, Lease Plan, Merck & Co., Lucent, McKesson HBOC, MCI, UPS, US Postal Service Retail Operations, Witness Systems and Charter Behavioral.

Hotel amenities include an outdoor swimming pool; complimentary, daily breakfast; meeting facilities that accommodate up to 60 people; guest laundry facilities; on-site cardio exercise room; complimentary use of nearby Gold's Gym; business center and wireless High-Speed Internet access. Each suite has a fully equipped kitchen, separate living and sleeping quarters and two televisions.

Noble Investment Group, a leading national hospitality organization that invests in luxury and upscale hotels, resorts and convention/conference centers, is a pre-eminent developer of first class hospitality and mixed-use developments as well as an award-winning operator of independent destination resorts and upscale hotels affiliated with Marriott, Starwood, Hilton, and InterContinental Hotels Group.

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