Marcus & Millichap Arranges the Sale of a 48-Room Hospitality Property in Helena, Montana

HELENA, MT, March 28, 2023 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 Quality Inn Helena, a 48-room hospitality property located in Helena, Montana, according to Timothy A. Speck, regional manager of the firm’s Dallas office and broker of record for Texas and Oklahoma.

Senior vice president in Marcus & Millichap’s Dallas office, Skyler Cooper had the exclusive listing to market the property on behalf of the seller, a limited liability company. The buyer, also a limited liability company, was secured and represented by Huberth Marak, associate, in the firm’s Denver office. Adam Christofferson, broker of record for Montana, aided in closing this transaction. Chris Gomes, senior managing director, was also listed on the deal as a supporting broker alongside senior vice president Allan Miller.

Quality Inn Helena is located at 2300 N Oakes Street in Helena, Montana. The 48-room property was constructed in 2002, renovated in 2022 and situated just off Interstate 15 on a 2.95-acre lot.

The Miller-Gomes Hotel Team of Marcus & Millichap has sold over 550 hotels across the nation since its inception. The team has over 50 active listings across 18 states with 24 assets under contract and 102 closings in 2022.

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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.