Marcus Corp. completes sale of Missouri hotel

Freeman Staff

Oct. 16, 2015

MILWAUKEE —The Marcus Corporation has completed the sale of the Hotel Phillips in Kansas City, Mo.

According to the Friday announcement, the previously announced hotel sale was to an affiliate of Chicago-based Arbor Lodging Partners. Terms of the transaction were not disclosed.

The Marcus Corporation owned and managed the 217-room Hotel Phillips for the past 14 years.

Jameson and Company of Downers Grove, Ill., in cooperation with HotelBrokerOne, assisted The Marcus Corporation in the transaction.