Hilton Houston Westchase sold to WheelockHilton Houston Westchase sold to Wheelockhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=86242013-01-09T07:04:00Z2013-01-09T00:00:00Z

HOUSTON - Wheelock Street Capital LLC acquired the 12-story Hilton Houston Westchase hotel, located at 9999 Westheimer Rd., from an affiliate of Interstate Hotels & Resorts.

In February 2007, the Capstar Westchase Partners LP sold the asset to Interstate Hotels for $50.5 million or $170,034 per key.

The hotel opened in 1980 and has 297 guestrooms, 11,200 sf of meeting space and a Rio Ranch restaurant. The purchase was Wheelock Street Capital’s sixth full-service hotel acquisition in 2012 and its second in the Houston market.

Wheelock Street Capital, through its proprietary hotel platform, currently owns 22 hotels with about 4,580 rooms.

Houston Business Journal
Houston-The Woodlands-Sugar Land
http://www.bizjournals.com/houston/blog/breaking-ground/2013/01/wheelock-street-capital-purchases.htmlRead more at {Source}

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