Chesapeake Lodging to Buy JW Marriott Hotel in San Francisco for $147MM

By Jon Peterson Annapolis, Md.-based Chesapeake Lodging Trust is planning on being the future owner of the 337-room JW Marriott San Francisco Union Square hotel. The real estate investment trust has placed under contact this property to buy for $147.2 million or $437,000 per key. [contextly_sidebar id="12863563NU7k5Js7p6YU5palpzovcJCW"]“We think that the market fundamentals are very strong […]