Inland Picks Up Houston Galleria Hotels For $220M

Law360, Houston (August 29, 2013, 6:07 PM EDT) -- A subsidiary of Inland American Real Estate Trust Inc. announced Thursday that it has acquired a pair of Westin hotels in Houston’s upscale Galleria district for $220 million.

Real estate investment trust Inland American Lodging Group Inc. picked up the Westin Galleria and the Westin Oaks Houston, adding two of the city’s premiere hotels to its nationwide portfolio of hospitality properties.

"The acquisition of these outstanding properties, the only hotels connected to the acclaimed Galleria Mall complex, is an exciting step in our ongoing strategy to...
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