Marcus & Millichap Brokers Sale of 243-Room Unoccupied Hotel Property in Houston

HOUSTON, Texas, Feb. --, 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 243-room unoccupied hotel property in Houston, Texas, previously branded under IHG Hotels & Resorts.

Chris Gomes and Tulsee Nathu of Marcus & Millichap represented the seller in the transaction, APF-Houston, LLC.

Located at 9090 Southwest Freeway, the nine-story property sits on a three-acre lot and has been closed since 2019. Amenities include an indoor pool and hot tub, outdoor sundeck, fitness center, business center, gift shop, vending areas, and a guest laundry room. Positioned off Interstate 69, the hotel is near major attractions such as NRG Stadium, The Galleria, and the Houston Zoo.

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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. As of December 31, 2023, the Company had
1,783 investment sales and financing professionals in over 80 offices who provide investment brokerage
and financing services to sellers and buyers of commercial real estate. The Company also offers market
research, consulting and advisory services to our clients. Marcus & Millichap closed 7,546 transactions
in 2023, with a sales volume of approximately $43.6 billion. For additional information, please visit
www.MarcusMillichap.com.