Saturday, January 24, 2015

HFF closes sale of Aloft Houston Galleria hotel in Houston, TX


Aloft Houston Gallery Hotel, Galleria/Uptown Neighborhood, Houston, TX

Dan Peek

 TAMPA, FL – HFF announced it has closed the sale of the Aloft Houston Galleria, a 152-key boutique hotel near the Galleria in Houston, Texas. 

HFF marketed the property on behalf of the seller, HEI Hotels & Resorts (HEI).  HEI will continue to manage the property.

                The select-service hotel is situated on .99 acres at 5415 Westheimer Road in the Galleria/Uptown area of Houston two and a half blocks from Houston’s Galleria Mall and less than a mile from the West Loop (Interstate 610).

 Built in 2009, the five-story Aloft by Starwood-branded hotel has 112 king, 30 double queen, five accessible king and five accessible queen guest rooms. 

The pet-friendly hotel features the re:mix lounge with a pool table, an indoor heated pool referred to as “splash”, the re:charge 24-hour fitness center, camp Aloft program for kids aged 2 to 12, 500 square feet of meeting space, touch and go check-in kiosks and in-room guest terminals to provide internet access. 

John Bourret

Dining options include re:fuel by Aloft, a grab and go, self-service gourmet eatery that includes salads, sandwiches, wraps, cappuccinos and a chef-prepared build-your-own breakfast.

                The HFF investment sales team representing the seller was led by senior managing director and head of HFF’s hotel group Dan Peek, managing directors John Bourret and Colby Mueck and real estate analyst Austin Brooks.

HFF’s Hotel Group has been active in the sale and financing of similar hotels across the country.  In the first three quarters of 2014, the firm financed or sold 74 hotels and resorts with total transaction volume totaling nearly $1.98 billion.

For a complete copy of the company’s news release, please contact:

Olivia Hennessey
Public Relations Coordinator
HFF | 9 Greenway Plaza, Suite 700 | Houston, TX 77046
tel 713.852.3403 | fax 713.527.8725 | www.hfflp.com

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