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Real Estate Alert: Two Galleria Hotels Up For Sale

by Realty News ReportJune 11, 2013
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HOUSTON – Two hotels connected to Houston’s Galleria are up for sale, according to Real Estate Alert newsletter. The 487-room Westin Galleria and the 406-room Westin Oaks have an estimated total value of about $210 million, or $235,000 per room. The owner, Walton Street Capital, has listed the hotels with Eastdil Secured.The Westin Galleria, at 5060 West Alabama Road, and the Westin Oaks, at 5011 Westheimer Road, are both connected to the 2.3 million-sf Galleria mixed-use complex which was developed by Hines. The hotels are operated by Starwood Hotels & Resorts of Stamford, Conn.

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  • Home
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