Marcus & Millichap sells Houston Holiday Inn

Marcus & Millichap sold a two-building, 109-room Holiday Inn Express Hotel & Suites in Houston. The terms of the sale were not released.

Jake Gaddy, senior associate and Steve Swenholt, associate, both in Marcus & Millichap’s Austin office, represented the seller, a Houston-based developer. Chris Gomes, VP investments in the firm’s Dallas office, along with Allan Miller, VP investments in San Antonio, represented the buyer, a Dallas-based private client.

Built in 1999 and converted into a Holiday Inn Express & Suites in early 2012, the three-story hotel is located in North Houston at 125 Airtex Drive, five miles from George Bush Intercontinental Airport.

FREE DAILY NEWSLETTER

Like this story? Subscribe to IHIF!

The hospitality industry turns to IHIF International Hotel Investment News as the must-read source for investment and development coverage worldwide. Sign up today to get inside the deal with the latest transactions, openings, financing, and more delivered to your inbox and read on the go.

Amenities include an outdoor pool and whirlpool, fitness center, on-site guest laundry, business center, meeting room and complimentary hot breakfast. All suites and guest rooms feature flat-screen cable television, microwave oven, mini-refrigerator, coffee maker, sofa-bed, iron with ironing board and work desks.

Suggested Articles

Before the global brands roll into Madrid, consider that what the consumer considered to be luxury has evolved in recent years.

As of January 1, the hotel will formally be rebranded as the InterContinental Shenzhen Dameisha Resort.

The deal gives Onomo a presence in 15 countries with 4,300 guestrooms and a pipeline of an additional 3,000 rooms.