CHMWarnick Awarded Asset Management of Hilton Cleveland Downtown

BOSTON—CHMWarnick, a hotel asset management and business advisory services company, has been selected by Cuyahoga County to asset manage the 600-room Hilton Cleveland Downtown.

The $272-million publicly funded hotel, which opened June, is connected to the First Merit Convention Center, the Global Center for Health Innovation and Mall B.

“With the addition of the Hilton Cleveland Downtown, CHMW’s 50-plus property asset management portfolio now includes a total of 12 convention center headquarter hotels, with more than 12,000 rooms and more htan one-million sq. ft. of meeting space, providing us with unparalleled experience in big-box, group-oriented hotels,” said Chad Crandell, managing director and CEO of CHMW. “We have asset management responsibility for the single largest hotel in each of approximately half of the U.S. major metropolitan markets, including such cities as Anaheim, Atlanta, Chicago, Cleveland, Detroit, Phoenix and Washington, DC, among others.”

The property will offer 46,000 sq. ft. of meeting space with a connection to the 395,000 sq. ft. of function space at the adjoining convention center.