Noble Investment Group reached a deal with JBG Smith to acquire the 191-room Westin Reston Heights in Reston, VA, for a little more than $26.8 million, or approximately $140,000 per key.
In the coming months, the Atlanta-based investor plans to carry out hotel improvements that will target guest rooms and public areas at the 10-year-old hotel at 11750 Sunrise Valley Drive. Noble Investment’s Virginia hospitality portfolio also includes the Embassy…