Hotel Sells for $8.4 Million

Apple Hospitality Inc. has paid $8.4 million for the Bixby Hampton Inn and Suites, 8220 E. Regal Pl., a three-story, 102-room hotel located in the under-construction Regal Plaza, just south of the 165,000-SF SpiritBank Event Center.
The buyer was an affiliate of the Apple REIT Companies. The seller, Tulsa-based developer Thomas G. Christopoulos, completed construction and opened the hotel in early December, 2007.
The Regal Plaza, a 26-acre, $60 million development by Tim Remy, is located at South 105th Street and Memorial Road. The SpiritBank Event Center will seat up to 5,000 people for concerts.

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