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Transactions - JUNE 24, 2022

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Noble acquires the Hilton Garden Inn Boise Downtown

by Denise Moose

Noble Investment Group announced the acquisition of the Hilton Garden Inn Boise Downtown, capping more than $1.0 billion of investment activity over the past year.

Downtown Boise, Idaho, is a vibrant, walkable district with nearly 4 million square feet of office space, more than 100 shops and restaurants, and art and history museums. The hotel is in the heart of downtown Boise, providing easy access to the city’s numerous leisure and business demand generators, including the Idaho State Capitol, Boise State University, Jack’s Urban Meeting Place, Idaho Central Arena and the Boise Centre.

“The Boise market demonstrates the key macro trends we are looking for in cities which we believe will outperform as we enter a new lodging cycle,” said Dustin Fisher, senior vice president at Noble Investment Group. “This acquisition aligns with our strategy to acquire high-quality, well-located assets in growth markets poised to benefit from the ongoing recovery in trave

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