NORTHBROOK, Ill., Oct. 6, 2026 /PRNewswire/ — Hilco Real Estate, LLC, a practice of Hilco Global—a diversified financial services company that delivers expert professional services and capital solutions to help clients maximize value and drive performance across the business lifecycle—announces October 19 as the online auction for Expressway Suites, an 80-key hotel development opportunity. Located at 715 Frontage Road, Brownsville, TX, this offering is minutes from the US-Mexico border and offers direct frontage along Interstate 69E and US-77/83.
Originally constructed in 1974, the two-story, masonry-constructed building totals 38,646± SF on a 2.18± AC site, with renovations started in 2024. The property offers a variety of guest-focused amenities, including a restaurant, outdoor pool, 38 storage units and 83 surface parking spaces. That package is more typical of a full-service asset than an economy hotel of this size. Because the hotel is not presently operating, a buyer can finish the repositioning and open on their own timeline.
Independently operated, the site offers a buyer the flexibility to select and align with a franchise that best fits its operating platform. With no existing franchise agreement in place, the asset provides a level of branding flexibility that is uncommon in a market where much of the limited-service inventory is already committed to a flag.
The hotel occupies direct frontage on the region’s principal north-south trade corridor, where traffic counts along North Expressway exceed 67,000 vehicles per day within a quarter mile of the site, according to TxDOT annual average daily traffic data. Brownsville adjoins Matamoros, Tamaulipas, Mexico and its international bridges serve as a primary port of entry for commercial and passenger traffic between South Texas and northern Mexico. The Port of Brownsville, the University of Texas Rio Grande Valley Brownsville campus and Valley Regional Medical Center are all nearby demand generators and Brownsville/South Padre Island International Airport is approximately five miles away.
Brownsville’s lodging demand is anchored by cross-border trade and industrial investment. The Port of Brownsville contributed $11.9 billion to Texas gross domestic product in 2024, supporting more than 101,000 jobs statewide according to the Texas Comptroller’s Office, and remains the only deepwater seaport located directly on the US-Mexico border. SpaceX operations are projected to generate $13 billion in economic impact in Cameron County, adding a durable source of contractor, supplier and visitor travel. According to CoStar, the Brownsville submarket posted 63.3% occupancy and an average daily rate of $112.98 over the trailing 12 months, with no new rooms delivered during that period.
Keith Worsham, senior director and head of hospitality and hotels at Hilco Global, stated, “This is an opportunity to acquire a hotel asset at basis in one of the most well-established trade corridors in Texas. A buyer can finish the renovation, select its own flag and open into a market with no new competitive supply.”
Weston Worsham, associate director at Hilco Global, added, “Direct interstate frontage with more than 67,000 vehicles passing daily is difficult to replicate, and the brand flexibility here is unusual. The online auction gives buyers a defined timeline and a clear path to close.”
The sale of Expressway Suites is in cooperation with Hilco Real Estate, LLC, TX Broker Lic. #9017017-BB and is being conducted by online auction from October 19 at 12 p.m. (PT) to October 21, 12 p.m. (PT). Bids must be submitted using the documents available for review and download on the Hilco Global Real Estate Sales website. On-site inspections will be held by appointment only.
Interested bidders should review the auction terms and requirements in order to participate on the Hilco Global website. For further information, please contact Keith Worsham at (404) 514-0242 or kworsham@hilcoglobal.com and Weston Worsham at (404) 304-4993 or wworsham@hilcoglobal.com.
For additional details, due diligence access and terms of sale, visit Hilco Global Real Estate Sales website or call (855) 755-2300.
About Hilco Global
Hilco Global, a subsidiary of ORIX Corporation USA, is a diversified financial services company that delivers integrated professional services and capital solutions that help clients maximize value and drive performance across the retail, commercial and industrial, real estate, manufacturing, brand and intellectual property sectors, and more. Hilco Global provides a range of customized solutions to healthy, stressed, and distressed companies to resolve complex situations and enhance long-term enterprise value. Hilco Global works to deliver the best possible result by aligning interests with clients and providing strategic advice and, in many instances, the capital required to complete the deal. Hilco Global is based in Northbrook, Illinois and has more than 810 professionals operating on four continents. Visit www.hilcoglobal.com.
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SOURCE Hilco Trading, LLC
