UT Buys Hampton Inn/Homewood Suites for Office Space

United Therapeutics has purchased the Hampton Inn/Homewood Suites dual-brand hotel next to its Silver Spring headquarters, Dewey Steadman, head of UT’s investor relations confirmed. The purchase was completed on Oct. 5 and the hotels permanently closed this month. Steadman said the company intends to repurpose the property for offices. The building originally was built for offices before it was converted to hotel space. “The furnishings in the hotel, we’re actually going to donate to community organizations,” Steadman said. “We just started the logistics around that process.”