Wheelock Street Capital has acquired two premium limited-service assets in San Diego’s Gaslamp Quarter — the Courtyard by Marriott San Diego Gaslamp, at 453 Sixth Ave.; and the Moxy San Diego Downtown/Gaslamp Quarter, at 831 6th Ave. — from San Diego-based J Street.
The seller and sales price were not disclosed.
The 90-room Courtyard and 126-room Moxy are a short walk from the San Diego Convention Center, Petco Park, and more than 3 million square feet of commercial development in planning or under construction. The Courtyard features a popular rooftop bar and event space, the Nolen, which offers panoramic views of the San Diego skyline.
In addition to a longstanding reputation as a vibrant urban center known for its activities and tourism, San Diego has experienced appreciable residential and commercial growth the past few years, solidifying the city’s place as a national hub for the life science industry and a major West Coast convention destination. O
