Warmbrodt Selected to Advise Sale of Red Roof Inn
KANSAS CITY, MO, May 26, 2009 - Warmbrodt Hotel Investments, Inc. ("WHI") announced today it has been selected to advise in the disposition of the Red Roof Inn located in the Westport Plaza area of St. Louis, MO. The three-story, 158 room property has high visibility on Page Avenue and excellent access from Interstate 270. The location is proximate to the Westport Plaza located in Maryland Heights, which is a 42 acres office, retail and entertainment center. Major employers in the immediate area include Edward Jones, Northup Grumman, Traveler's Insurance and Healthways.
Herb Warmbrodt, President of WHI has said "We are pleased to be selected to advise Red Roof Corporate on the disposition of this property and we are receiving excellent reception from the investment community."
WHI is a Kansas City based, hotel real estate firm tha specializes in the disposition, acquisition, financing and debt restructuring of hospitality related assets throughout the United States. www.whikc.com
For more information regarding the Red Roof Inn property, please contact Herb Warmbrodt at (913) 381-3737 herb@whikc.com or Zane Varvel at zane@whikc.com.
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