Noble Investment Group Acquires Residence Inn by Marriott Secaucus Meadowlands
Noble Investment Group ("Noble") announced the acquisition of the Residence Inn by Marriott Secaucus Meadowlands. The all-suite, extended stay hotel, which opened in March 2015, is located in Secaucus, New Jersey, three miles from New York City via the Lincoln Tunnel.
Secaucus, New Jersey is marked by a highly dense and affluent residential population, Class A office and strong leisure demand. The hotel is located within the Plaza at Harmon Meadows, a mixed-use development which features 30 restaurants and shops, a 14-screen AMC Theatre, the 61,000 square foot Meadowlands Exposition Center and more than two million square feet of Class A office space anchored by corporate tenants such as Ernst & Young, Quest Diagnostics and Oracle. In early 2019, the American Dream Mall will enter the market as the largest mall in the United States with 4.8 million square feet of retail. The hotel is also conveniently located to the Meadowlands Sportsplex, which includes MetLife Stadium and Meadowlands Racetrack.
“The Residence Inn by Marriott Secaucus Meadowlands affords Noble the opportunity to acquire a newly-built asset, well positioned to experience significant future growth,” said Noble principal, Ben Brunt.
The Residence Inn by Marriott Secaucus Meadowlands features 154 studio, one and two-bedroom suites, each with fully-equipped kitchens. The hotel offers a 24-hour business center and fitness center, complimentary hot breakfast, grocery shopping service, laundry facilities and complimentary internet access throughout the hotel. Other amenities of the pet-friendly hotel include an outdoor terrace with fire pit, an indoor, heated pool and BBQ & picnic area. The hotel also offers nearly 1,000 square feet of flexible meeting and board room space.
Marriott International, Inc. (NASDAQ: MAR) is a global leading lodging company based in Bethesda,Maryland, USA, with more than 4,200 properties in 80 countries and territories. Marriott International reported revenues of nearly $14 billion in fiscal year 2014. The company operates and franchises hotels and licenses vacation ownership resorts under 19 brands, including: The Ritz-Carlton®, BVlgari®, EDITION®, JW Marriott®, Autograph Collection® Hotels, Renaissance® Hotels, Marriott Hotels®, Delta Hotels and Resorts®, Marriott Executive Apartments®, Marriott Vacation Club®, Gaylord Hotels®, AC Hotels by Marriott®, Courtyard®, Residence Inn®, SpringHill Suites®, Fairfield Inn & Suites®, TownePlace Suites®, Protea Hotels® and MoxyHotels®. Marriott has been consistently recognized as a top employer and for its superior business ethics. The company also manages the award-winning guest loyalty program, Marriott Rewards® and The Ritz-Carlton Rewards® program, which together surpass 50 million members. For more information or reservations, please visit our website at 
