INLAND SELLS HOTEL PORTFOLIO FOR $30M

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AUSTIN, COLLEGE STATION AND HOUSTON — Inland American Real Estate Trust Inc. has completed the disposition of a portfolio of TownePlace Suites hotels , totaling 571 rooms, for more than $30 million. The portfolio includes the 127-room TownePlace Suites Austin Northwest, the 94-room TownePlace Suites Bryan College Station, the 128-room TownePlace Suites Houston Northwest and the 94-room TownePlace Suites Houston Clear Lake. The portfolio also included a 128-room property in Birmingham, Ala.

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