The city of Houston has put its downtown convention center hotel, the Hilton Americas-Houston, up for sale, officials announced this morning. "We do believe there can be significant interest in this property at a very good price," said Mayor Bill White. An offering memorandum placing the hotel on the market was issued today by CBRE/Concordis Real Estate. Hilton is the operator of the hotel, located across the street from the George R. Brown Convention Center. White told City Council he personally would be involved in sale negotiations and that he had a "reserve price" in mind that he would not share with anyone. "If we don't think there is adequate interest, we're not going to sell it," White said. full article