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| Hotel Indigo Austin Downtown, Austin, TX |
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| John Bourret |
DALLAS, TX, Aug. 15, 2017
– Holliday Fenoglio Fowler, L.P. (HFF) announces the closing of the sale of the
Hotel Indigo Austin Downtown –
University and Holiday Inn Express Austin Downtown University, a 305-room,
dual-branded hotel located in downtown Austin, Texas.
The HFF team marketed the
property on behalf of the seller, Journeyman Group. Nimes Real Estate purchased the property
unencumbered of an existing management agreement.
Completed in 2016, the
hotel comprises the 134-room, full-service Hotel Indigo Austin Downtown –
University and the 171-room, select-service Holiday Inn Express Austin Downtown
University.
Shared amenities include a large outdoor pool,
pool bar and lounge and five levels of underground parking. The Hotel Indigo houses the Red River Tavern,
2,830 square feet of meeting space, with the Holiday Inn Express featuring a
fitness center, business center, a 310-square-foot meeting room and
complimentary breakfast.
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| Austin Brooks |
Situated on .81 acres at 805 Neches Street and 810 Red River Street, the hotel is in Austin’s Red River Cultural District at the corner of Red River and 9th Streets.
The hotel is within five blocks of the
University of Texas at Austin, Texas State Capital, medical district, Sixth
Street entertainment district and the Austin Convention Center.
The HFF investment sales
team representing the seller included managing director John Bourret and director Austin
Brooks.
Holliday Fenoglio Fowler,
L.P. acting by and through Holliday GP Corp, a Texas licensed real estate
broker.
For a complete copy of the company’s news release,
please contact:
Olivia Hennessey
Public Relations
Specialist
HFF | 9 Greenway Plaza,
Suite 700 | Houston, Texas 77046
tel 713.852.3403 | fax
713.527.8725 | hfflp.com
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