Molinaro Koger Structures Sale of Hampton Inn - Albany, Georgia

“Located in the heart of southwest Georgia, the Albany lodging market has experienced a consistent and steady upward demand trend,” commented Mr. Kern. “We are pleased to have structured an advantageous transaction for our client by facilitating the sale of the Hampton Inn in this highly active market.”

The Hampton Inn is located immediately adjacent to the area’s leading shopping center; the 870,000 square foot Albany Shopping Mall. The property is close to several demand generators including; Albany State University, the Marine Corps Logistics Base and the regional operations of several Fortune 500 companies including Procter & Gamble, Miller Brewing Company, Merck & Company, and Masterfoods U.S.A. Room night demand for the hotel is poised to further benefit from completion of the $210 million Albany Downtown Riverfront Master Plan, a downtown redevelopment initiative, as well as the new Arena Football team, the South Georgia Wildcats, which are based in Albany and played their inaugural season in 2005.

“This property is ideally positioned for the market, and benefits from the Hampton Inn brand. As one of the nation’s leading select service brands, Hampton has a high level of consumer loyalty and an outstanding frequent guest program,” said Mr. Kern. For further information about this transaction and current listings, please contact Andrew Kern of Molinaro Koger at 703.760.9600 or via [email protected].

About Molinaro Koger | Molinaro Koger is an international hotel real estate advisory firm. The company structures hotel transactions of boutique through luxury market segment assets throughout the world. MK is headquartered in metro-Washington, DC, and has offices in Beijing, London, Atlanta, Chicago, Cincinnati, Dallas, Los Angeles, Phoenix, San Francisco and Shanghai. During the past decade the firm has captured the industry’s leading hotel transaction awards including Highest Volume, Largest Transaction and Salesman of the Year.

Joseph Molinaro founded the firm in 1959, and since then Molinaro Koger has successfully marketed hotel real estate, sponsored limited partnerships, and arranged financing for purchasers. Given the cyclical nature of real estate, the firm has weathered an array of highs and lows during the course of its 47-year history. Through this time, the company has grown and assisted clients in achieving their investment goals.

“With each lodging real estate cycle we gather strength, expertise and contacts enabling us to better serve the best interests of our clients, regardless of economic cycles,” says President Robert Koger. “The results we achieve are directly attributable to the commitment and expertise of our professional staff.”

Molinaro Koger can be accessed online at .