Mumford Closes Motel 6 Sale
GRAND PRAIRIE, TX, April 1, 2008. The Mumford Company is pleased to have represented Motel 6 andAccor Hospitality in the sale of the Motel 6 in Grand Prairie, TX to AUM, LLC.
Randy Lee with the Mumford Company's Dallas, Texas office facilitated the sale and confirms that the buyer of the hotel is a regional owner and operator of extended stay hotels in Texas.
An extensiverefurbishment of the hotel property is planned which will then operate as a Studio 6 under a longterm license agreement. Studio 6 is an extended stay hotel company with hotels that are owned,operated and franchised by Accor Hospitality in North America.Celebrating their 30th anniversary in 2008, the Mumford Company is a proven leader in thefield of hotel real estate brokerage. The firm's commitment to results-oriented customer servicehas yielded outstanding client results year after year. As a specialist in mid-market assets,Mumford Company has structured the sale of hundreds of hotels in the past five years alone,representing a wide array of owners and investors. For more information or to view current listings,please visit www.mumfordcompany.com or contact (757) 873-0962.
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