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from: Parimal M. Rohit, Austin Business Journal
Posted: Oct 26, 2021 / 7:53 PM CDT
Updated: 10/26/2021 / 7:53 p.m. CDT
Stratus tries to sell Hotel W Austin to Ryman for the second time (Arnold Wells / Austin Business Journal)
AUSTIN (Austin Business Journal) – Sales of the W Austin Hotel – which includes the music hall that recorded the famous Austin City Limits Live series – is back on track after being banned from COVID-19 for nearly two years -Pandemic was off the table.
Austin-based Stratus Properties Inc. announced on October 26th that it had agreed to expand the sale of W and ACL Live at the Moody Theater, known in the commercial real estate community as Block 21 in downtown Austin The Nashville-based Ryman Hospitality Properties Inc.
Ryman, owner of the Grand Ole Opry House in Nashville, will pay $ 260 million for the downtown block bordered by Lavaca Street, Second Street, Guadalupe Street, and Third Street.
Read the full story in the Austin Business Journal.
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