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HPT Acquires The Chase Park Plaza Hotel in St Louis

REIT Sells 338-Room Hospitality Bldg for $87.8M
By Brian Edmonds
June 21, 2017 | 10:12 P.M.

Hospitality Properties Trust, a Boston-based real estate investment trust, acquired The Chase Park Plaza Hotel at 212 N. Kings Highway Blvd. in St. Louis, MO for a reported $87.8 million, or about $260,000 per keycard, from Dallas-based Behringer Harvard Opportunity REIT I, Inc.

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