Driftwood Capital, a commercial real estate firm, has acquired the Hilton Dallas/Plano Granite Park from Granite Properties.
The 299-key hotel is centrally located within the 90-acre mixed-use community of Granite Park in Plano.
The accommodations include rooms with queen and king beds, as well as suites. The amenity package comprises a pool, fitness center, business center, grab-and-go mart, two onsite dining options and 33,000+ square feet of meeting and event space.
The new ownership plans to upgrade the guestrooms and meeting space and to assume management of the property.
This deal marks the company’s third hotel acquisition in the Dallas-Fort Worth market; it also owns the 231-key Hilton Dallas/Rockwall Lakefront and the 248-key Hilton Dallas Southlake Town Square.
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