MetroNational and hospitality investment firm Rockbridge have acquired The Moran CityCentre, with Midway selling the hospitality asset. The off-market transaction adds another branded hotel to MetroNational’s portfolio and expands Rockbridge’s footprint in a mixed-use destination setting.
The Moran CityCentre is a 244-room hotel positioned within the broader CityCentre development. The property offers on-site food and beverage options, including Café Moran and The Allegory Bar. The Allegory Bar features a terrace overlooking the central plaza, giving the hotel a direct connection to surrounding retail, dining and entertainment activity.
Guest accommodations at The Moran CityCentre include residential-style options intended to support extended-stay demand, complementing the property’s transient business and leisure business. The hotel also offers a resort-style pool and flexible meeting space, allowing it to serve both corporate and social group needs. These amenities position the asset as a full-service hospitality offering within a walkable, amenity-rich environment.
As part of the transaction, MetroNational has also formed a joint venture with Rockbridge. The new partnership builds on the firms’ recent activity together around the acquisition of the Hotel ZaZa properties and brand in Dallas, Houston and Austin. By formalizing a joint venture structure, the parties are signaling an intention to collaborate across a broader hospitality investment strategy.
In a related move, MetroNational has also acquired sole ownership of the real estate occupied by two CityCentre restaurants, Daily Gather and Yard House. While operating details were not disclosed, the purchase consolidates control of additional food-and-beverage real estate within the mixed-use project under MetroNational’s ownership.
JLL Capital Markets brokered the sale of The Moran CityCentre. The capital markets assignment was led by Colby Mueck and Ryan West, along with John Nugent, Greyson Fewin and Robby Westerfield. Their team advised on the transaction between Midway as seller and the MetroNational and Rockbridge investor group as buyer.
MetroNational, founded in 1954, owns and manages more than 10 million square feet of commercial real estate, primarily in the Greater Houston area. The firm’s portfolio spans multiple property types and includes substantial holdings within CityCentre. The acquisition of The Moran CityCentre and the restaurant real estate further deepens MetroNational’s ownership position in the project while expanding its relationship with Rockbridge on the hospitality side.
