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JBG Sells Boutique Hotel in Rosslyn for $45M

HEI Rebranding 154-Room Property to Le Meridien Arlington
By Alexandra Phillips
February 27, 2012 | 2:33 P.M.

JBG Cos. sold the Hotel Palomar in the Rosslyn area of Arlington, VA, for $45 million or $292,208 per key. HEI Hotels & Resorts purchased the 154-room hospitality property and plans to rebrand it as Le Meridien Arlington, a Starwood brand.

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