HREC Investment Advisors exclusively represented the seller, a private equity fund, on the sale of the 194-room Holiday Inn San Antonio NW SeaWorld located in San Antonio, Texas. Pacifica Companies, a San Diego-based investment firm, acquired the property.
Mike Armstrong, principal in HREC Investment Advisors' San Diego office and Hank Wolpert, VP of the Dallas office, exclusively represented the seller during the transaction.
The Holiday Inn opened in late 2009 and was the first LEED-certified hotel in Texas and the first LEED-certified hotel within the Holiday Inn brand. The hotel is a preferred hotel of the 250-acre SeaWorld San Antonio, the largest of three SeaWorld parks in the United States and the world's largest marine-life theme park.