An old cotton warehouse that’s now a hotel in downtown Charleston is now part of a locally based lodging firm.

Avocet Hospitality Group now owns The Anchorage Inn, a 19-room hotel located on Vendue Range in Charleston’s historic district. Terms were not disclosed.

The inn becomes the third Charleston hotel under Avocet Hospitality Group’s management. The group also owns and manages the Vendue Inn, a 66-room boutique hotel acquired in 2012 in Charleston’s French Quarter, and the 132-room Tides Folly Beach, the only oceanfront hotel in the Charleston area.

“The Anchorage Inn is a beautiful and well-maintained property,” said Jonathan Weitz, president of Avocet Hospitality Group. “We’re happy to welcome it to our growing family of brands.”

Originally built in the mid-1840s, The Anchorage Inn’s building has served a number of commercial roles before opening as a bed and breakfast in May 1991.

All three properties are located in the heart of Charleston’s famous sights and destinations. Vendue Inn and The Anchorage Inn are just steps from Waterfront Park, The Battery, Rainbow Row and many of the city’s famed art galleries and restaurants. Tides Folly Beach is located oceanfront, in the heart of the city dubbed “The Edge of America.”

“Now more than ever, Charleston is truly on the map, having raked in a number of awards, from ‘Top City in the U.S. and Canada’ as voted on by Travel + Leisure readers, to ‘Top City in the U.S. and the World’, an honor bestowed on Charleston by Condé Nast Traveler readers,” Weitz said. “It is an exciting time to be in our industry, and we look forward to having the opportunity to extend the same great service and hospitality that our properties are known for to even more visitors to the Charleston area through this acquisition.”

In addition to its hotel portfolio, Avocet Hospitality Group also owns and operates St. Barth Exclusives, a luxury vacation rental company with more than 190 properties available for rent on the island of St. Barthelemy in French West Indies. The group also manages more than 175 premier vacation homes available for rent on Folly Beach through Avocet Properties.