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Herb Warmbrodt, President of WHI has said "We are pleased to once again be selected by Red Roof Corporate on the disposition of the Red Roof Inn - Memphis East. Red Roof Corporate has recognized that WHI is still very active in this challenging market having finalized transactions on 10 hotel properties containing 1,479 rooms in 2009. We look foward to achieving our clients stated goals and objectives." WHI is a Kansas City based, hotel real estate firm specializing in the disposition, acquisition, financing and debt restructuring of hospitality related assets throughout the United States. Contact us directly at (913) 381-3737 or visit our website at www.whikc.com to learn more about how our years of experience and specialized services can help meet the needs of your business goals. For more information regarding the Red Roof Inn property, please contact Herb Warmbrodt at (913) 381-3737 herb@whikc.com or Zane Varvel at zane@whikc.com. |
June
15, 2009 - Kansas City, Missouri - Warmbrodt Hotel Investments, Inc. ("WHI")
announced today it has been selected to advise in the disposition of the
Red Roof Inn located in Memphis, Tennessee. The two-story,
108 room property has excellent visibility and easy access from Interstate
40 and Sycamore View Road. The location is proximate to the Memphis
International Airport, which is the world's busiest cargo airport serving
as a primary hub for FedEx shipping. The property is situated between
two shopping centers, Sycamore Square Mall and Shelby Crossing Shopping
Center. Major employers in the area include Allstate, Pfizer, Nike,
Medtronics and First Horizon National.