John Haas, senior vice president of Houston-based NAI PartnersCommercial, has represented the seller, Jim Galloway of AllianceDevelopment in the deal. Buyer Jon Davis of HiltonHotels/Development Partners is a Dallas-based developer of HiltonInns and Marriott Residence Inns.

The new hotel will be located in Vision Park, a 100-acre,master-planned, mixed-use park, which includes class A officebuildings and apartments, medical and assisted-living facilitiesand high-end restaurants. Galloway and Scott Martin of GraniteProperties are co-developing Vision Park. NAI Partners Commercialis the marketing agent for the park, with Dan Boyles overseeing itsleasing.

Want to continue reading?
Become a Free ALM Digital Reader.

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.