THE MUMFORD COMPANY FINALIZES SALE OF MOTEL 6

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GRAND PRAIRIE, TEXAS — The Mumford Company has completed the sale of a Motel 6 located at 406 E. Palace Pkwy. in Grand Prairie. Accor Hospitality sold the property to a private, regional operator of extended-stay hotels in Texas for an undisclosed price. The hotel is scheduled for a renovation and re-branding as a Studio 6 hotel upon completion. Randy Lee of The Mumford Company represented the seller in the transaction.

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