Sandpiper Lodging Trust Acquires Four WoodSpring Suites Hotels From Wills Capital Partners

Sandpiper Lodging Trust | February 14, 2019

(Richmond, Va. - February 14, 2019) – Sandpiper Lodging Trust (SLT) is pleased to announce its acquisition of four WoodSpring Suites™ Hotels from Wills Capital Partners, LP (WCP). Three of the properties are located in Texas including: Austin, San Antonio and Odessa and one in Clarksville, Tenn. Carter Rise, CEO of SLT, stated, "We have known and admired Charles Wills and his development team for nearly 10 years. His properties consistently rank among the highest performing hotels in the WoodSpring system. This acquisition expands our geographic footprint into four rapidly growing markets. We are particularly pleased that Mr...