Former Quality Inn & Suites Houston - Sugar Land, TX Hotel Sold - Hotel News Resource
  Former Quality Inn & Suites Houston - Sugar Land, TX Hotel Sold HVS Brokerage & Advisory announces the sale of the lender-owned (REO), 111-key, former Quality Inn & Suites Houston – Sugar Land, located at 14444 Southwest Freeway, Sugar Land, Texas 77478. The property, built in 1995, was purchased by Shree Property Investments LLC, based in Houston, Texas, from b1 Bank, based in Baton Rouge, Louisiana. The former REO asset benefits from a favorable location along Interstate 69 in Stafford, situated between Houston and Sugar Land. Stafford has over 15 business parks, housing a large concentration of engineering firms, oil and gas-related companies, and manufacturers. At the time of sale, the hotel had over 40 rooms out of order and needed a full-scale renovation to bring it back to operating condition; additionally, it had l...