|ATLANTA, Georgia, June 4, 2004 - Thompson Calhoun Fair, LLC, an Atlanta-based
hotel real estate firm, announced today that it advised a partnership including
Monty Levy, vice president of the firm stated, “ We were pleased
to be able to represent the Seller in the sale of this asset and help it
meet its objectives in connection with this disposition as well."
|Arlington Hospitality in the disposition
of the Howard Johnson Express Inn in Fort Myers, Florida. The 121-room
hotel is located at 13000 N. Cleveland Avenue (U.S. Route 41) in Fort Myers,
Florida. The property is located close to Interstate 75. The Howard
Johnson Express Inn consists of three, two-story buildings comprising 121
guest rooms, one meeting room that accommodates up to 28 people, an atrium
breakfast area and an outdoor swimming pool located on the river.
The hotel was sold to a local investment group led by Tarun Patel of Ft.
Myers for an undisclosed amount.
From the left - Al Calhoun, Mark G. Fair (sitting),
and H. Keith Thompson
About Thompson Calhoun Fair
Thompson Calhoun Fair was formed to focus on servicing the transaction
needs of clients in the mid-tier segment of the hotel industry, those ranging
from $5 to $30 million in asset value. Founded in 2000, Thompson Calhoun
Fair is headquartered in Atlanta. Thompson Calhoun Fair can be found on
the Web at www.tcfhotels.com.