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Disposition of the Terrace Hotel In Downtown Cincinnati |
KANSAS
CITY, Missouri, March 2, 2007-Warmbrodt Hotel Investments, Inc. (�WHI�)
announced today it has been selected to advise in the disposition of The
Terrace Hotel located in Cincinnati, Ohio. The 320-room Hotel is located
within The Terrace Building, a 600,000 square foot mixed-use building consisting
of 280,000 square feet of office space and 18,000 square feet of retail
space. The Hotel contains over 10,000 square feet of meeting space, and
a restaurant and lounge located on the 20th floor.
The Property has an exceptional, irreplaceable location in the heart of Cincinnati�s CBD and is near major area business and leisure demand generators, and within walking distance to the Cincinnati Convention Center;PaulBrown Stadium, home of the Cincinnati Bengals; Great American Ball Park, home of the Cincinnati Reds; Aronoff Center for Performing Arts; US Bank Arena; and Fountain Square. Additionally, the corporate headquarters of Fifth Third Bank, Federated Department Stores, American Financial Group, Kroger, Proctor & Gamble and Cinergy, all Fortune 500 Companies, are located nearby. For more information about this transaction and current offerings, please contact Herb Warmbrodt at 816-960-4747 or www.warmbrodthotels.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 through the United States. |
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Herb Warmbrodt
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