08/21/2025
SALE OF HOLIDAY INN EXPRESS PROPERTY IS COMPLETED, as reported by Hotel Online
The sale of the "Holiday Inn Express & Suites Dallas-Bedford Development Parcel" to I & A Development and Construction was announced today by HVS Brokerage and Advisory.
The announcement, posted by Hotel Online, refers to the site as a "prime location" that is "fully entitled and shovel-ready." With the site still affiliated to Holiday Inn Express," the report said "we secured four competitive offers within the first week of marketing" and that "the winning buyer is an experienced developer."
The post describes the site as "centrally located within the Dallas–Fort Worth Metroplex, Bedford has established itself as an important suburb given its solid base of medical providers, small businesses, national retailers, and restaurants. The development site benefits from its favorable location near the interchange of State Highways 121 and 183 (Texas 183 toll road), near a multitude of corporate and leisure demand drivers, including the expanding Dallas-Fort Worth International Airport (DFW), Texas Health HEB Hospital, State National Companies, Legacy Housing Corporation, and the Carter BloodCare Bedford office. Leisure demand generators in the greater area include Six Flags Over Texas, Six Flags Hurricane Harbor, Globe Life Rangers Ballpark, and Dallas Cowboys’ AT&T Stadium."
The original post on Hotel Online... https://www.hotel-online.com/press_releases/release/cimarron-hospitality-sells-holiday-inn-express-suites-dallas-bedford-development-parcel/