Kriya Management Group Completes Acquisition of Best Western Addison/Galleria Hotel & Suites
Kriya has completed the acquisition of the Best Western Addison/Galleria Hotel & Suites. This is the second Best Western property in Kriya's portfolio, the first one being a new construction project in Oklahoma City.
Addison, TX (PRWEB) July 5, 2006 -- Kriya has completed the acquisition of the Best Western Addison/Galleria Hotel & Suites. This is the second Best Western property in Kriya's portfolio, the first one being a new construction project in Oklahoma City. Kriya previously identified Addison, TX as a key location and are very excited about this acquisition and the upside potential for this property. This Best Western will be a core property in Kriya's portfolio and part of their long-term strategy.
The Best Western is an all-suites 70 room interior corridor property located in the heart of Addison. The hotel also has approximately 500 square feet of meeting space, fitness room, business center, and several floorplans to choose from. The property was built in 2001 and fully renovated in 2004. The hotel is situated within walking distance of 26 restaurants including Outback Steakhouse, Sambuca Jazz Cafe, Pei Wei, BJ's, Hooters, Trulucks, and Melting Pot. Dallas Galleria Mall is also only 2 miles from the hotel.
About Us
Kriya Management Group was founded to effectively perform real estate property management and investments to its valued clients primarily in the hospitality industry. Our Executive Team offers a highly revenue and sales driven philosophy. Our goal is to provide the highest quality of service to maximize the value of our clients assets. We take pride in the level of commitment we devote to our clients and to each property within our portfolio. We offer our clients a full service solution and aspire to optimize the performance of our portfolio.
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