Wheelock Street Capital completed the acquisition of two service assets.

Wheelock Street Capital, a real estate investment firm, completed the acquisition of two service assets. Financial terms were not disclosed. “The properties are an excellent fit for our current acquisition criteria given their institutional quality, A+ locations within the Gaslamp Quarter, and strong positioning within a market exhibiting a rapid recovery fueled by multiple demand generators. The market and properties continue to outperform our expectations and we look forward to working together with Island Hospitality to further enhance the properties’ positioning as first choices among convention, business, and leisure travelers visiting San Diego,” Chris Mejia, Wheelock Street Capital Principal.