Press Releases
Marcus & Millichap Arranges Sale of 50-Room Super 8 Hotel in Stanton, Texas
March 04, 2026
STANTON, Texas, March 4, 2026 – 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 50-room Super 8 hotel property located in Stanton, Texas.
“The transaction generated significant investor interest, resulting in more than 10 written offers as demand for West Texas hospitality assets continues to strengthen,” said Alexander Curry, associate investments. “We identified and selected the buyer within 30 days of launching the marketing process and successfully guided the transaction through multiple challenges to reach closing. Investor appetite for hotels in energy-driven markets has accelerated as buyers seek durable cash flow tied to long-term Permian Basin activity.”
Curry and Chris Gomes, investment specialists in Marcus & Millichap’s Austin and Dallas offices, exclusively marketed the property on behalf of the seller, Dallas-based LIG Hotels. Rajan Patel from the firm’s Houston office, procured the buyer, a private partnership based in Houston. The transaction received additional support from Allan Miller and Skyler Cooper of the Miller-Gomes Hotel team.
The Super 8 by Wyndham hotel is located at 3432 Interstate 20. Built in 2015, the three-story, interior-corridor, 50-room property features modern amenities including a fitness center, business center and breakfast area. Positioned along Interstate 20 between Midland and Big Spring in the core of the Permian Basin, the asset benefits from diversified lodging demand driven by one of the country’s most active energy-producing regions, supported by commercial travel, infrastructure development and nearby healthcare demand generators.
The property attracted national and regional investors during a competitive marketing process, reflecting renewed confidence in secondary West Texas hospitality markets. The buyer plans to reposition the property as a Best Western hotel, investing in brand conversion and operational enhancements to capture increased corporate and energy-sector demand as lodging demand across the Permian Basin is expected to continue strengthening in the coming years.
“The transaction generated significant investor interest, resulting in more than 10 written offers as demand for West Texas hospitality assets continues to strengthen,” said Alexander Curry, associate investments. “We identified and selected the buyer within 30 days of launching the marketing process and successfully guided the transaction through multiple challenges to reach closing. Investor appetite for hotels in energy-driven markets has accelerated as buyers seek durable cash flow tied to long-term Permian Basin activity.”
Curry and Chris Gomes, investment specialists in Marcus & Millichap’s Austin and Dallas offices, exclusively marketed the property on behalf of the seller, Dallas-based LIG Hotels. Rajan Patel from the firm’s Houston office, procured the buyer, a private partnership based in Houston. The transaction received additional support from Allan Miller and Skyler Cooper of the Miller-Gomes Hotel team.
The Super 8 by Wyndham hotel is located at 3432 Interstate 20. Built in 2015, the three-story, interior-corridor, 50-room property features modern amenities including a fitness center, business center and breakfast area. Positioned along Interstate 20 between Midland and Big Spring in the core of the Permian Basin, the asset benefits from diversified lodging demand driven by one of the country’s most active energy-producing regions, supported by commercial travel, infrastructure development and nearby healthcare demand generators.
The property attracted national and regional investors during a competitive marketing process, reflecting renewed confidence in secondary West Texas hospitality markets. The buyer plans to reposition the property as a Best Western hotel, investing in brand conversion and operational enhancements to capture increased corporate and energy-sector demand as lodging demand across the Permian Basin is expected to continue strengthening in the coming years.
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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, 2025, the company had 1,808 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 8,818 transactions in 2025, with a sales volume of approximately $50.9 billion. For additional information, please visit www.MarcusMillichap.com.
