Cranberry DoubleTree

Hospitality and Office
Managed by
Colliers
Cranberry

A strategically positioned Hilton Hotel elevated through disciplined reinvestment and long-term partnership.

The Cranberry DoubleTree is a Hilton-branded hotel strategically located along the I-79/I-76 corridor, offering exceptional regional connectivity and immediate access to Cranberry Township’s extensive retail, restaurant, and business amenities. Elmhurst, in partnership with DiCicco Development, acquired the former Sheraton Four Points and executed a comprehensive repositioning that transformed the property into a modern DoubleTree by Hilton. Working alongside DRS Architects, the team completed full upgrades to guest rooms, the atrium, meeting and banquet spaces, the office wing, and fitness and amenity areas—creating a multifunctional, high-quality environment.

Cranberry DoubleTree

Impact in Numbers

At-a-glance metrics for this property, including total square feet, year completed, and Elmhurst’s ownership period.

200,000

Square Feet

2015

Year Completed

11

Hold Period

1

Equity Multiple

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Cranberry DoubleTree

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Cranberry DoubleTree
910 Sheraton Drive
Cranberry DoubleTree

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COMMUNITY & PARTNERSHIP

A Collaborative Reinvestment Strengthening a Regional Commercial Hub

The transformation of the Cranberry DoubleTree was made possible through Elmhurst’s partnership with Pittsburgh-based DiCicco Development. Together, the firms pursued a disciplined capital and design strategy—modernizing the building’s hospitality program, renovating its atrium and event spaces, upgrading guestrooms, and refining the on-site office component. With DRS Architects, the partnership delivered a renewed asset that meets contemporary expectations for comfort, flexibility, and operational efficiency.

Cranberry Township has become one of the region’s most active commercial corridors, where hospitality, retail, office, and entertainment uses intersect to support sustained economic growth. The revitalized DoubleTree plays a civic and economic role in that ecosystem, serving traveling professionals, regional businesses, large-format meetings, and community gatherings.

Investment Story

Repositioning a Legacy Asset to Capture Long-Term Regional Demand

Elmhurst identified the former Sheraton Four Points as a high-conviction opportunity to apply its value-add strategy in a rapidly growing suburban market. The building’s visibility, adaptable structure, and proximity to two major interstates offered a strong foundation for repositioning. Through a disciplined renovation plan and a trusted partnership with DiCicco Development, Elmhurst executed a transformation that materially enhanced the property’s competitiveness within both the hospitality and suburban office sectors.

The DoubleTree now serves multiple enduring demand drivers—corporate travel, leisure travel, regional conferences, professional services, and local business activity—creating a diversified and resilient income profile. Its strong location, contemporary amenities, and modernized event spaces position the asset for long-term stability, reinforcing Elmhurst’s long-view investment approach and its commitment to strengthening key nodes in the Pittsburgh metropolitan region.

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