Berkadia Hotels & Hospitality has arranged the sale of the Hyatt Place King of Prussia, a 129-key hotel in King of Prussia, Penn. Other terms of the transaction were not disclosed. Managing Director Dan Hawkins and Associate Director Jake Pietras led the transaction on behalf of the seller.
The Hyatt Place King of Prussia was renovated in 2018 and includes an indoor pool, fitness center and meeting facilities. The property is located in the King of Prussia Business District and is close to The King of Prussia Mall, the largest shopping mall in Pennsylvania and the third-largest lifestyle center in the United States.