WOODLAND HILLS, CA-Dallas-based Wyndham International Inc. has sold the Warner Center Marriott hotel to Warner Center Hotel Partners IV LLC for approximately $69.5 million, part of Wyndham’s continuing divestiture of non-strategic assets.

The buyer is a new entity created by Westbrook Real Estate Fund IV. Last week, Wyndham sold approximately $345 million to Westbrook Hotel Partners IV and said that it would close on two additional sales totaling $103 million by the end of the year.

The 17-story Warner Center Marriott has 463 rooms and 20 meeting rooms totaling 16,000 sf of space. Alan X. Reay, president of Costa Mesa, Calif.-based Atlas Hospitality Group, tells GlobeSt.com that the hotel last sold for $50.85 million in December 1995.

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