Stockdale Capital Partners has recently acquired the InterContinental Houston for an undisclosed amount. This luxurious hotel, built in 2019, boasts a variety of amenities including Safina Restaurant, The Naturalist Café and Lounge, 18,000 square feet of meeting space, a 24-hour fitness center and an outdoor pool.
Developed by Houston-based Medistar Corp. and TRC Capital Partners,the InterContinental Houston is located adjacent to the renowned Texas Medical Center (TMC). The TMC is expected to experience significant growth in the next decade with $3 billion worth of developments already underway in medical and life sciences research facilities.
According to Stockdale Capital Partners,the prime location of this hotel was one of its main attractions as it aligns with TMC’s projected expansion plans. With its active involvement in various real estate ventures across different industries,this acquisition adds another prestigious property to Stockdale’s portfolio.
Overall,this strategic investment reinforces Stockdale’s commitment towards expanding their presence within high-growth markets while also providing exceptional hospitality experiences for guests at the InterContinental Houston.
