Hotel Indigo Sale
HFF closes sale of dual-branded downtown Austin hotel
DALLAS, TX – Holliday Fenoglio Fowler, L.P. (HFF) announced today that Journeyman Group has closed the sale of the Hotel Indigo Austin Downtown – University and Holiday Inn Express Austin Downtown University, a 305-room, dual-branded hotel located in downtown Austin, Texas.
Completed in 2016, the hotel comprises the 134-room, full-service Hotel Indigo Austin and the 171-room, select-service Holiday Inn Express. Shared amenities include a large outdoor pool, pool bar and lounge and five levels of underground parking. Hotel Indigo houses the Red River Tavern, 2,830 square feet of meeting space, with the Holiday Inn Express featuring a fitness center, business center, a 310-square-foot meeting room and complimentary breakfast. Situated on .81 acres at 805 Neches Street and 810 Red River Street, the hotel is in Austin’s Red River Cultural district at the corner of Red River and 9th Streets. The hotel is within five blocks of the University of Texas at Austin, Texas State Capital, Medical district, 6th Street Entertainment district and the Austin Convention Center.