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Lowe Enterprises Acquires 909-Room Hotel Portfolio In The Woodlands For $252M

Property Image
SOLD
$252,000,000

Texas

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Hotel
Sold 09/16/2021
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Property Image
SOLD

Lowe Enterprises Acquires 909-Room Hotel Portfolio In The Woodlands For $252M

2301 N Millbend Dr, The Woodlands, TX, USA

See Similar Deals
Hotel
Sold 09/16/2021
the dealplayerscompscontact
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Summary

TEXAS
Asset Type:Hotel
Transaction Type:Sale

Three properties in The Woodlands have recently been sold for a total of $252,000,000. The assets, which include hotels with a combined total of 909 rooms, are located at 2301 N Millbend Dr, 2 Waterway Square Pl, and 1855 Hughes Landing Blvd. The sale took place on September 16, 2021.

Summary of transaction details

  • Property Type: Hotels
  • Transaction Amount: $252,000,000
  • Rooms: 909
  • Addresses: 2301 N Millbend Dr, 2 Waterway Square Pl, 1855 Hughes Landing Blvd
  • Market: The Woodlands

The buyer of these properties is Lowe Enterprises, represented by Robert J. Lowe. The seller is Howard Hughes Corp, represented by David R. O'Reilly.

Details

SOLD
IMAGE: Robert J. Lowe & David R. O’Reilly DATE: 09/16/2021 ADDRESS: 2301 N Millbend Dr, 2 Waterway Square Pl, & 1855 Hughes Landing Blvd MARKET: The Woodlands ASSET TYPE: Hotels ~ ROOMS: 909 BUYER: Lowe Enterprises - Robert J. Lowe SELLER: Howard Hughes Corp (@HowardHughesCo) - David R. O’Reilly SALE PRICE: $252,000,000

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