Marcus & Millichap Arranges Sale of 115-Room Staybridge Suites in Las Cruces, N.M.

LAS CRUCES, N.M., Aug. 12, 2026 – 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 a 115-room Staybridge Suites hotel property in Las Cruces, New Mexico.

Skyler Cooper and Chris Gomes, investment specialists in Marcus & Millichap’s Dallas office, in association with Ryan Sarbinoff, Marcus & Millichap’s New Mexico broker of record, had the exclusive listing to market the property on behalf of the seller, and procured the buyer, Northrise, LLC, along with Vetri Management Inc. The transaction received addition support from Allan Miller and Sam Gardner of the Miller Gomes Hotel Team.

Staybridge Suites Las Cruces, an IHG Hotel, is located at 2651 E. Northrise Dr., with visibility and access along U.S. 70. The all-suite property is designed for both business and leisure travelers, with each unit featuring a full-size refrigerator, dishwasher, two-burner cooktop, toaster, coffee maker and microwave. Amenities include a resort-style pool, outdoor gathering area, complimentary breakfast bar, guest laundry facilities, an internet café and a movie theater. The property also includes 1,171 square feet of indoor meeting space.

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About Marcus & Millichap, Inc. (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. Marcus & Millichap closed 8,818 transactions with a sales volume of $50.8 billion in 2025. The company had 1,808 investment sales and financing professionals in more than 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate at year end. For additional information, please visit www.MarcusMillichap.com.