DoubleTree Plants its Flag at Brixton Capital Hotel Property

DoubleTree by Hilton has opened its doors at a Phoenix, Arizona hotel property owned by Brixton Capital. The 284-room, five-story property, located at 10220 North Metro Parkway East, includes a restaurant, courtyard, pool, fitness center, business center and over 14,000-square-feet of event space.

Mary Lambert will serve as general manager for DoubleTree by Hilton Phoenix North. Property owner Brixton Capital invested $3 million into a robust property improvement plan in advance of DoubleTree by Hilton moving in.

Brixton acquired the hotel property in 2014 and originally rebranded it as a Radisson Hotel after investing $6.5 million in property improvements.

“We’re happy to welcome DoubleTree by Hilton,” said Travis King, Chief Executive Officer of Brixton Capital. “Hilton is an outstanding brand, and our customers will enjoy close proximity to major business corridors and to the I-17, which can quickly deliver guests to golf courses, museums, spring training facilities and other attractions.”

Brixton Capital is a preeminent private real estate investment firm that seeks to generate outstanding, risk-adjusted returns by unlocking embedded value in commercial real estate transactions spanning all property types. Headquartered in Solana Beach, California, Brixton is led by a team of seasoned real commercial real estate experts with an average of more than 25 years of experience.

Brixton currently owns and operates a portfolio valued in excess of $1 billion, representing over 10 million square feet of retail, multi-family, office, industrial and land investments across the United States and Europe. In 2017, Brixton Capital was ranked as one of the Top 50 Owners by Commercial Property Executive.