Hotel AG Brokers Sale of Holiday Inn Express (Buckhead)-Atlanta, GA
ATLANTA – March 26, 2012 – Hotel AG announced today the firm brokered the sale of the Holiday Inn Express in the Buckhead area of Atlanta, Georgia. The property was sold to a local investor on behalf of LNR.
The Holiday Inn Express is an all-suite hotel located on Pharr Road in the heart of Atlanta’s upscale Buckhead community. The purchaser intends to re-brand the hotel and complete the brand required upgrades.
"This transaction further represents the strength of the select service hotel real estate climate today,'' commented Keith Thompson, principal of the firm.
About Hotel AG
Headquartered in Atlanta, Georgia with 19 national offices, Hotel AG is a specialized brokerage firm offering hotel specific real estate and investment banking within the United States. Today, Hotel AG has 211 hotels on the market valued at 1.8 billion. The company conducts business with REITs, public and private companies, institutional clients and individual owner operators. Hotel AG can be found online at www.hotelassetsgroup.com