Pittsburgh, PA — December 2026 — Alchemy Real Estate Advisors announces the sale of the TownPlace Suites Pittsburgh Airport Robinson Township – Pittsburgh, Pennsylvania.
The TownePlace Suites Pittsburgh Airport Robinson Township was built in 2016 and is an institutional-quality hotel with proximity to both leisure and corporate demand. Alchemy exclusively represented the seller – an international hotel REIT.
Alchemy Principal Brent Clemens led the marketing efforts, which generated strong buyer interest and pricing above initial guidance.
“Our team maintains an extensive trade history across the entirety of the Pittsburgh MSA. We were able to leverage our local and regional relationships against a broader backdrop of national investors to drive competitive pricing and terms on the sale of this property for our client,” stated Clemens.
The buyer is a regional owner whose core focus has historically been non-hotel real estate verticals and other franchise businesses. The buyer saw this as a unique opportunity to expand their growing hotel footprint with a core-branded extended-stay property uniquely positioned within the Pittsburgh International Airport submarket.
