Press Releases
Marcus & Millichap Facilitates Sale of 76-Room Hotel in Houston Metro
May 19, 2025
PEARLAND, Texas, May 19, 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 Candlewood Suites Pearland, an IHG Hotel in Pearland, Texas.
Skyler Cooper, senior vice president in Marcus & Millichap’s Dallas office, exclusively marketed the property on behalf of the seller with support from Chris Gomes and Allan Miller of the Miller-Gomes Hotel Group of Marcus & Millichap. The buyer was procured by Cooper, Gomes and Miller.
The Candlewood Suites Pearland is a three-story, 76-room hotel at 9015 Broadway St., near major thoroughfares including State Highway 288, State Highway 35 and Interstate 45. Amenities include a fitness center, business center and 24-hour market. Nearby demand drivers include NRG Park, which draws 5.5 million visitors annually, and the Texas Medical Center, the world’s largest medical complex.
Skyler Cooper, senior vice president in Marcus & Millichap’s Dallas office, exclusively marketed the property on behalf of the seller with support from Chris Gomes and Allan Miller of the Miller-Gomes Hotel Group of Marcus & Millichap. The buyer was procured by Cooper, Gomes and Miller.
The Candlewood Suites Pearland is a three-story, 76-room hotel at 9015 Broadway St., near major thoroughfares including State Highway 288, State Highway 35 and Interstate 45. Amenities include a fitness center, business center and 24-hour market. Nearby demand drivers include NRG Park, which draws 5.5 million visitors annually, and the Texas Medical Center, the world’s largest medical complex.
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About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2024, the company had 1,712 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 clients. Marcus & Millichap closed 7,836 transactions in 2024, with a sales volume of approximately $49.6 billion. For additional information, please visit www.MarcusMillichap.com.
