Marcus & Millichap Announces Two-Property Hotel Portfolio Sale

PORT ARTHUR—Marcus & Millichap announced the sale of a two-property, 188-room hospitality portfolio in Port Arthur, Texas. The assets are the 92-room Holiday Inn Express & Suites Port Arthur and 96-room TownePlace Suites Beaumont Port Arthur. “The properties are located near Sabine Lake and the Gulf of Mexico in a high-growth market that is a vital part of the Texas transportation network and contributes substantially to the state’s annual seaport trade of over $260 billion,” […]

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