 KANSAS
CITY, Missouri, November 3, 2008-Warmbrodt Hotel Investments, Inc. (“WHI”)
a Kansas City based hotel real estate firm, announced today it has been
selected to advise in the disposition of the 212-room Howard Johnson Hotel
located in Omaha, Nebraska. The 5-story, interior-corridor, concrete hotel
contains over 3,000 square feet of meeting space, indoor pool and fitness
center, a restaurant and lounge. The Property is strategically located
in the heart of the Midtown Omaha lodging market in close proximity to
First Data Resources campus, Omnium Worldwide, Blue Cross/Blue Shield,
Info USA, Mutual of Omaha, University of Nebraska Medical Center and the
new 70-acre Aksarben Village mixed-use development. Aksarben Village is
a one million square feet office, retail and entertainment development
focused on incorporating the University of Nebraska-Omaha campus with research,
technology and academic components.
Herb Warmbrodt, President of WHI said, “We are pleased to have been selected to advise in the disposition of the Howard Johnson Hotel. The overall Omaha lodging market and this particular sub-market has experienced excellent increases in RevPar growth. The superb central location on the corner of 72nd Street and Interstate 80 provides an excellent opportunity to compete with multiple markets within the Omaha metro area. The property has performed well and has been well maintained, making a great opportunity for conversion.” For more information regarding the Howard Johnson, please contact Herb Warmbrodt or Zane Varvel at 816-960-4747 or via email at Herb@whikc.com or Zane@whikc.com Warmbrodt Hotel Investments, Inc. ("WHI") is a Kansas City based, hotel real estate firm that specializes in the disposition, acquisition and financing of hospitality related assets throughout the United States. |