Port Arthur: 63-room La Quinta soldPort Arthur: 63-room La Quinta soldhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=29892014-09-23T09:27:00Z2014-09-23T00:00:00Z

PORT ARTHUR - La Quinta Inn & Suites Port Arthur, a 63-room hospitality property located at 7540 Memorial Blvd., has been sold.

This transaction was a part of a seven-hotel asset oil/gas portfolio that the buyer was acquiring.

The seller was a large developer in Southeast Texas. The buyer was in state and was attracted to the asset because of the strong oil/gas market and brand affiliation.

Source: Marcus & Millichap Real Estate Investment Services

Marcus & Millichap Real Estate Investment Services
Beaumont-Port Arthur
http://www.marcusmillichap.com/Read more at {Source}

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