Tuesday, June 9, 2015

HFF closes sale of 3-property select-service hotel portfolio in San Antonio, TX


Hampton Inn & Suites, San Antonio, TX

DALLAS, TX – June 9, 2015 – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has closed the sale of a three-property, select-service hotel portfolio totaling 313 rooms in San Antonio, Texas.  

John Bourret
HFF marketed the property on behalf of the seller, Barshop & Oles Company.  Silverwest Hotels, LLC purchased the assets for an undisclosed amount unencumbered of management.

The hotels in the portfolio are:  the 118-room Fairfield Inn & Suites San Antonio NE/Schertz, 5008 Corridor Loop in Schertz; the 98-room Hampton Inn & Suites San Antonio/Schertz, 17702 IH-35 North in Schertz; and the 97-room Hampton Inn San Antonio – Northwoods, 2127 Gold Canyon Drive in San Antonio. 

All of the select-service hotels, which opened between 2000 and 2009, feature a business center, fitness room, outdoor pool, complimentary breakfast and meeting space.  All of the assets are located along major traffic arteries in the San Antonio/Austin corridor. 

The HFF investment sales team representing the seller was led by managing director John Bourret and senior real estate analyst Austin Brooks.

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

Kristen M. Murphy
Associate Director
HFF | One Post Office Square, Suite 3500 | Boston, MA 02109
Main: 617-338-0990 | Direct: 617-848-1572 | Cell: 617-543-4873 | www.hfflp.com

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