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Chatham Lodging Acquires Hotel in Greater Charleston, S.C.
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“This is a high-quality hotel located in Nexton, an emerging mixed-use
community that sits in the heart of a rapidly expanding area just
outside of Charleston,” said
“Volvo is constructing its first American factory, a state-of-the-art,
2.3-million-square-foot facility on nearly 3,000 acres very close to
Nexton that will employ approximately 2,000 people and is projected to
manufacture 100,000 cars per year. Our hotels will be the nicest and
closest hotels to the new factory. This is a thriving area with a lot of
upside,” Fisher highlighted. “Other major companies, such as Daimler and
Opened in
“Most people think of
Chatham funded the purchase through available cash from its recently
completed 5,000,000 share offering that raised approximately
About
This press release may contain “forward-looking statements” within
the meaning of the Private Securities Litigation Reform Act of 1995
about
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Source:
Chatham Lodging Trust
Dennis Craven, 561-227-1386
Chief
Operating Officer