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MCR announces acquisition of the Canopy by Hilton Charlotte Southpark

The Canopy Charlotte Southpark (Photo Business Wire)
The Canopy Charlotte Southpark (Photo Business Wire)

MCR has acquired the Canopy by Hilton Charlotte Southpark, a five-story, 150-room hotel built in 2020 in Charlotte, North Carolina. Closed with new financing in place, the hotel was purchased at a 20% discount to MCR’s estimated replacement cost. This is the company’s sixth hotel in North Carolina and its first Canopy by Hilton Hotel.

Situated in the upscale commercial and residential Charlotte suburb of Southpark, the hotel is located 25 minutes from the Charlotte Douglas International Airport.

Major corporations, luxury shops, and dining are just minutes from the hotel’s front doors. Southpark is one of the largest business districts in Charlotte with more than five million square feet of office space. This includes more than two million square feet of office within a few blocks of the hotel. Less than seven miles away is Uptown Charlotte, which serves as the headquarters for Fortune 500 companies.

Back at the hotel, guests can enjoy the on-site farm-to-table restaurant with regular evening drink tastings. For those looking to maintain healthy routines, stop by the well-equipped fitness center or take a complimentary Canopy Bike for a spin to explore the neighborhood. Corporate travelers will appreciate the hotel’s convenient, business-friendly location, as well as amenities including complimentary fast Wi-Fi and 9,000 square feet of meeting space.

The Canopy by Hilton Charlotte Southpark is located at 4905 Barclay Downs Drive and features:

  • 150 pet-friendly rooms and suites
  • A full-service restaurant and bar
  • A coffee shop
  • A grab-and-go market offering snacks and beverages
  • A fitness center
  • A 24-hour business center
  • 9,000 square feet of meeting space
  • Free, fast Wi-Fi

Source

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