HOUSTON, TX, August 18, 2025: HVS Brokerage & Advisory announces the sale of the Holiday Inn Express & Suites Dallas-Bedford Development Parcel, located at 2609 Airport Freeway, Bedford, Texas 76021.
The property was purchased by I & A Development & Construction, based in Gilmer, Texas, from Cimarron Hospitality, based in Arlington, Texas.
Rohit Dand, President of Cimarron Hospitality, commented, “It was a pleasure to partner with the HVS team on this land sale. I’ve known Eric for years, and his team consistently provides honest, strategic advice to optimize my portfolio. Land transactions can be challenging, but the brokers positioned the property perfectly with the right developers. From listing to closing, the deal wrapped up in under three months, and I look forward to working with HVS again.”
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.
“We’re delighted with how this sale unfolded. Thanks to our targeted marketing efforts, as well as the site’s prime location, its fully entitled and shovel-ready status, and its affiliation with Holiday Inn Express, we secured four competitive offers within the first week of marketing. The winning buyer is an experienced developer with longstanding ties to IHG, and we closed the transaction in just 45 days,” said Matt Almy, Senior Associate of HVS Brokerage & Advisory.
HVS Brokerage & Advisory team members Eric Guerrero, Matt Almy, Kyle Peterek, Fadi Rawashdeh, and Daneen Godinet participated in this transaction.
Media Contact:
Lizzette Casarin
Senior Marketing Director
[email protected]
+1 (720) 244-7620
The property was purchased by I & A Development & Construction, based in Gilmer, Texas, from Cimarron Hospitality, based in Arlington, Texas.
Rohit Dand, President of Cimarron Hospitality, commented, “It was a pleasure to partner with the HVS team on this land sale. I’ve known Eric for years, and his team consistently provides honest, strategic advice to optimize my portfolio. Land transactions can be challenging, but the brokers positioned the property perfectly with the right developers. From listing to closing, the deal wrapped up in under three months, and I look forward to working with HVS again.”
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.
“We’re delighted with how this sale unfolded. Thanks to our targeted marketing efforts, as well as the site’s prime location, its fully entitled and shovel-ready status, and its affiliation with Holiday Inn Express, we secured four competitive offers within the first week of marketing. The winning buyer is an experienced developer with longstanding ties to IHG, and we closed the transaction in just 45 days,” said Matt Almy, Senior Associate of HVS Brokerage & Advisory.
HVS Brokerage & Advisory team members Eric Guerrero, Matt Almy, Kyle Peterek, Fadi Rawashdeh, and Daneen Godinet participated in this transaction.
About HVS Brokerage & Advisory
The Brokerage & Advisory division is a specialized group within HVS that offers services related to investment sales and capital markets, focused exclusively on the hospitality industry. With a global footprint and over 35 offices nationwide, HVS’s hospitality intelligence and extensive expertise will help you achieve the results you want.Media Contact:
Lizzette Casarin
Senior Marketing Director
[email protected]
+1 (720) 244-7620