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Umbrella Hotel Group Buys El Segundo DoubleTree

Joint Venture Sells Hotel for $54.1M
By Octavia McDuffie
August 16, 2017 | 6:24 P.M.

Argosy Capital, StoneCreek Properties and Evolution Hospitality sold the 216-room DoubleTree by Hilton Hotel LAX - El Segundo at 1985 E. Grand Ave. in El Segundo, CA for $54.1 million, or approximately $250,000 per room, to Umbrella Hotel Group.

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