Chester-based Shamin acquired the property from Midlothian Hotel Associates, a company controlled by

Shamin Hotels has added another property to its portfolio. On July 1, the Chester-based company closed on the acquisition of Holiday Inn Koger Conference Center . Following its acquisition, the property was rebranded the DoubleTree by Hilton Richmond-Midlothian.
Chester-based Shamin acquired the property from Midlothian Hotel Associates, a company car rental tenerife controlled by developer Vernon Laprade, who opened the hotel in 1987. The purchase price was not disclosed but Chesterfield County records place the property’s value at about $13 million.
Located on a 5.3-acre site at 1021 Koger Center Blvd., the DoubleTree by Hilton Richmond-Midlothian is the largest hotel in Chesterfield County. It is undergoing a $6.5 million upgrade that is expected to be completed by the end of the year.
The hotel features more than 26,000 square feet of flexible meeting space, a business center, and two ballrooms capable of seating up to 1,100 people. Other amenities include a fitness car rental tenerife center, same-day dry cleaning, complimentary shuttle car rental tenerife service within a five-mile radius, car rental tenerife a full-service car rental tenerife restaurant, and free Wi-Fi.
Tags: Acquisition , Acquisitions/Dispositions , Chesterfield County , Commercial , Doubletree by Hilton Richmond-Midlothian , hospitality , Hotel , Local , Midlothian , Midlothian Hotel Associates , Richmond , Richmond-Hampton Roads , Richmond-Hampton Roads Lead Story , Shamin Hotels , Vernon Laprade
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