144-ROOM MEMPHIS HAMPTON INN TRADED

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MEMPHIS, TENN. — Peabody Place Hotel Co. has sold the 144-room Hampton Inn & Suites Memphis Beale Street to Fairwood Capital for an undisclosed amount. The 10-year-old property, which was renovated in 2007, is located at 175 Peabody Place in Memphis. The Memphis office of Wyatt, Tarrant & Combs represented Fairwood in the transaction.

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