Kimberly Barbar

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    The new owner selected luxury operator HEI Hotels & Resorts to implement productivity and cost-cutting measures at the newly acquired asset.

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    The 182-key hotel broke ground near the Texas Medical Center. Moody National Hospitality Management will be responsible for managing the 5,000-square-foot property.

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    Located in Bowie, Md., The Shoppes at Bowie Town Center is an 104,000-square-foot extension of a popular open-air center across the street and was built in 2004.

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    The company represented both the buyer and the seller of the 50,047-square-foot neighborhood center in Newark, Calif., in this off-market transaction.

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