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Showing posts from March, 2005
Monday, March 7, 2005 Ky. Firm Buys Albuquerque Marriott on Louisiana By Diane Velasco Of the Journal COMMERCIAL REAL ESTATE: The Albuquerque Marriott hotel, 2102 Louisiana NE, changed owners earlier this year, but the name will stay the same. The Host Marriott Corp. sold the property to Ft. Mitchell, Ky.-based Columbia Sussex Corp., said new general manager Tom Hagreen. "We were looking at three other properties owned by Marriott and this was one of them," he said. Host Marriott could not be reached for comment. Terms of the sale were not disclosed. The Albuquerque hotel was one of six in the country that Host Marriott sold for a total of $223 million in December and January. Columbia Sussex Corp. is a private hotel, resort and casino operator with 62 properties in the United States. Its franchise affiliations include the Crowne Plaza, Holiday Inn, Westin and Radisson brands. HOTEL BLUE CHANGES HANDS: The Hotel Blue, 717 Central NW, has been p...
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