BETHESDA, Maryland – December 20, 2013 – Rockwood Real Estate Advisors, a full-service real estate investment banking firm, announced the sale of the Q Hotel and Spa – Kansas City, Missouri, a 123-room hotel located in the Westport area of Kansas City. Rockwood represented The Quarterage LLC in the sale of the hotel to Noble Investment Group, which intends to reposition the property as an AC Hotel by Marriott.
The Q Hotel and Spa is a unique and well established property in the heart of historic Westport, just minutes from downtown Kansas City, the Crown Center and the Country Club Plaza. The hotel is located in an eclectic neighborhood with numerous upscale restaurants and other amenities within walking distance. The property is also near a remarkable collection of residential and commercial developments, along with numerous cultural attractions and a diverse mix of hotel room night demand.
About Rockwood Real Estate Advisors
Rockwood Real Estate Advisors, a subsidiary of the world’s largest online real estate marketplace Auction.com, is a full-service real estate investment banking firm offering a broad range of financial advisory, transactional services, and business solutions for clients in the commercial real estate industry. In 2012, the firm closed 399 deals totaling over $3.2 billion in debt, equity, and sales transactions. Headquartered in New York, Rockwood has nine offices across the country. For additional information, please visit www.rockwoodrea.com.
Rockwood Real Estate Advisors
Title: Chief of Staff