Raleigh’s Concord Hospitality amid $400M expansion plan – Triangle Business Journal

We don’t hear much about Raleigh’s Concord Hospitality Enterprises because most of its hotel development and management work in the past involved markets outside the Triangle region. It looks like that is beginning to change.

Rockbridge Partners, a division of Rockbridge, today announced the acquisition of the Raleigh Marriott Crabtree Valley, a 375-room, full service hotel located in Raleigh (Crabtree), NC. Jim Merkel, president and CEO of Rockbridge, made the announcement. The full service, six story Marriott will undergo an extensive $23 million renovation that will dramatically change the overall …