An affiliate of TRT Holdings, a Dallas-based investment firm that owns the luxury Omni Hotels & Resorts chain, purchased St.

The nearly 275,000-square-foot building, valued at just over $47 million for tax purposes, was recently renovated following a flood in April.

Late Wednesday morning was slow outside the downtown Omni Hotel, and Marvin Fernandez, an affable young member of the downtown property’s valet crew, stood perched outside the lobby chatting with his ...