|
of the Country Inn & Suites, Tempe, Arizona |
.
April 13, 2005 - Western Hospitality Group, LLC has announced that
they have arranged the acquisition of the Country Inn & Suites, 808
N Scottsdale Road, Tempe, AZ 85281.
Western Hospitality represented the Buyer, Hallmark Inns & Resorts, Inc. of Lake Oswego, Oregon. The Seller was Heltne/Allen of Paradise Valley, Arizona. The 83 unit, 4 story, limited service property was opened in 1997. It is near the ASU campus, downtown Scottsdale, and it provides shuttle service to Phoenix International Airport. Hallmark Inns & Suites plans a summer renovation which will include new carpet in the public areas and all new pillow-top beds in the guest rooms. Hallmark also owns and operates hotels on the Oregon Coast. Western Hospitality Group provides representation for investors, primarily in the hospitality field. When representing the buyer, the buyer pays their fee, therefore Western Hospitality Group can be an advocate for the buyer. It also expands the number of properties available to their buyers. |
Contact:
Lloyd M. Farley
|