Article: The Procaccianti Group (TPG) Completes Acquisition of Marriott St. Louis West.

Addition of TPG's 9th Marriott Full Service Asset Brings National Portfolio Total to 49

PROVIDENCE, R.I., March 2 /PRNewswire/ -- Cranston, Rhode Island-based real estate developer/hotelier, The Procaccianti Group (TPG), today announced the purchase of the Marriott St. Louis West. In a deal brokered by Jones Lang LaSalle, TPG purchased the hotel from Baur Properties for an undisclosed amount.

"The Marriott St. Louis West is a quality asset located in an area with built-in demand fueled by expansive corporate growth," said Greg Vickowski, Chief Financial Officer for The Procaccianti Group. "We intend to invest heavily in renovations and apply our ...

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