Mumford Company is pleased to announce the recent completed transaction of the TownePlace Suites in the Memphis suburb of Southaven, MS. Steve Kirby and Ed James, Mumford’s Managing Principals, Justin Pinkard, Principal and John James, Senior Associate in the Atlanta office, represented the Seller, Peachtree Group.
The purchaser was Southaven Hotel Investment Group, LLC, an affiliate of ARK Development. Kirby said, “ it was a pleasure to represent Peachtree Group once again. This was our third transaction sold on their behalf. It was also the third transaction with affiliates of this buyer group. The professionalism on both sides of the deal made it easy to consummate. Repeat business is truly the best business!”
About Mumford Company:
Mumford Company was established in 1978 to provide top quality hotel brokerage services and has a team of brokerage professionals with broad experience in all aspects of lodging acquisitions, development, consulting and operations. They represent sellers of most major brands in markets throughout the country, and their diverse background allows them to have an awareness of key opportunities within the marketplace, so they can accurately position their client’s assets to maximize their investment results. The firm has an experienced sales team in regional offices across the country, including Newport News, Virginia; Atlanta, Georgia; Chicago, Illinois; Dallas, Texas, Washington DC, and Tampa, Florida. Their track record of success for buyers and sellers have made Mumford Company a leader for the last 41 years while upholding the values of the company from when it first began. For more information or to put the Mumford Company team to work for you, please contact Mumford at 757-873-0962, or by e-mail at sales@mumfordcompany.com.
