WACO, TEXAS, July 14, 2022 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research, and advisory services, announced today the sale of TownePlace Suites Waco Northeast, an 85-room hospitality property located in Waco, Texas.
According to the seller, “Skyler helped us find a buyer quickly and got us to the finish line with a quick and easy closing. Skyler and his team, along with the title company, were easy to communicate with and the entire process was smooth. With the sale of Towneplace Suites Waco North, we are able to focus our attention on growing and developing our home base region of East Texas.”
Skyler Cooper, First Vice President, in Marcus & Millichap’s Dallas office, had the exclusive listing to market the property on behalf of the seller, a limited liability company. The buyer, a limited liability company, was also secured by Mr. Cooper.
TownePlace Suites Waco Northeast is located at 4505 N Interstate 35 Frontage Rd in Waco, Texas.
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About Marcus & Millichap (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2021, the company had 1,994 investment sales and financing professionals in 82 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 13,255 transactions in 2021, with a sales volume of approximately $84.4 billion. For additional information, please visit www.MarcusMillichap.com
