Stockdale Capital Partners Acquires The InterContinental Houston From Medistar Corp. In Houston

Stockdale Capital Partners, based in Los Angeles, has purchased The InterContinental Houston, a 354-room luxury hotel located at 6750 Main Street near the Texas Medical Center in Houston. The acquisition reflects Stockdale's confidence in the growth potential of the area, given its proximity to the expanding medical complex and local attractions. The transaction took place on September 21, 2023.

Summary of transaction details

• Property Type: Hotel
• Transaction Amount: Not specified
• Keys: 354
• Address: 6750 Main Street - The InterContinental Houston
• Market: Houston

Stockdale Capital Partners, represented by Bill Doak, acted as the buyer in this transaction. They saw potential in the hotel's location, which is close to the Texas Medical Center and other local attractions.

The seller, Medistar Corp., was represented by Monzer Hourani. The purchase of The InterContinental Houston by Stockdale Capital Partners signifies their belief in the promising future of the area.