RICHARDSON, Texas, July 1, 2025 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of a 119-room Cambria hotel property located in Richardson, Texas.
"The buyer was in a 1031 exchange and needed a strong, stable investment,” said Chris Gomes, executive managing director of investments. “This property checked all the boxes—strategically located near major demand drivers like State Farm headquarters, Geico, Blue Cross Blue Shield of Texas and Raytheon, it offered both security and long-term growth potential.”
Gomes, investment specialist in Marcus & Millichap’s Dallas office, marketed the property on behalf of the seller and procured the buyer.
Built in 2019, the Cambria Hotel Richardson – Dallas is located at 3605 Shire Blvd., adjacent to CityLine DFW along Route 190. Situated on 2.55 acres, the 119-room hotel is less than five miles from the University of Texas at Dallas and a 30-minute drive from Dallas Fort Worth International Airport.
# # #
About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading national brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. Marcus & Millichap closed 7,836 transactions in 2024, with a sales volume of approximately $49.6 billion in 2024. The company had 1,712 investment sales and financing professionals in more than 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate at year end. For additional information, please visit www.MarcusMillichap.com.
