After $10 million upgrade, Magnolia Hotel on Central near SMU changes hands

A North Dallas hotel that just had a makeover has new owners.

The 292-room Magnolia Hotel at 6070 North Central Expressway has been sold by TriGate Capital. TriGate just spent more than $10 million to upgrade the hotel, across the highway from the George W. Bush Presidential Library and Southern Methodist University.

TriGate just spent more than $10 million to upgrade the hotel, across the highway from the George W. Bush Presidential Library and Southern Methodist University.

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