Lennox Capital Partners Acquires The 255-Room Westin St. Louis from HEI Hotels & Resorts

Lennox Capital Partners | August 29, 2017

ST. LOUIS (AUGUST 29, 2017) – Lennox Capital Partners has acquired The Westin St. Louis from Norwalk, Connecticut-based HEI Hotels & Resorts. As part of the transaction, Lennox Capital Partners separately executed on a ground sale and lease back. "We are thrilled to execute on our growth strategy and own the best performing hotel in the market", said Lennox Capital Principal Jeff Barone. "We expect to achieve out-sized risk-adjusted returns with this investment." The 255-room hotel, with 14,000 square feet of meeting space, was redeveloped from the historic Cupples Station in 2001 and is considered one of the premier adaptive-...