JLL's Hotels & Hospitality Group announced the firm arranged the sale of the DoubleTree by Hilton Los Angeles Downtown on behalf of the seller. Han's Group USA purchased the 434-key property.
International Director John Strauss, Executive Vice President Tony Muscio, and Vice President Willis Cheng led the JLL team on the transaction.
The DoubleTree by Hilton Los Angeles is located in downtown Los Angeles at the center of a rapidly developing live, work, play neighborhood, adjacent to a significant corporate demand base, growing resident population, ever-evolving entertainment scene, and well-established concentration of government agencies and courts. The hotel features three food and beverage outlets, approximately 18,000 square feet of flexible event space, and fitness center. Unique to the property is the outdoor Kyoto Gardens, an idyllic, Japanese-inspired, half-acre of manicured greenery, cascading waterfalls, and tranquil ponds, ideal for weddings, corporate events, and social gatherings.
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