Marcus & Millichap Arranges the Sale of an 88-Room Hospitality Property in Williston, North Dakota

WILLISTON, ND, January 13, 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 Holiday Inn Express & Suites Williston, a 88-room hospitality property located in Williston, North Dakota, according to Timothy A. Speck, vice president and regional manager of the firm’s Dallas office and broker of record for Texas and Oklahoma.

Skyler Cooper, senior vice president, and Huberth Marak, associate, investment specialists in Marcus & Millichap’s Dallas and Denver office, respectively, had the exclusive listing to market the property on behalf of the seller, an out-of-state developer. The buyer, a private investor, was secured and represented by Christian Apt, an associate in Marcus & Millichap’s Dallas office, and Cooper, with Jon Ruzicka, broker of record, aiding in closing this transaction. Chris Gomes, senior managing director, and Allan Miller, senior vice president, investment specialists in Marcus & Millichap’s Dallas and Austin offices, respectively, were also listed on the deal as supporting brokers.

Holiday Inn Express & Suites Williston is located at 415 38th St W in Williston, North Dakota. The 88-room property was constructed in 2012 and situated on a 1.97-acre lot, just off State Highway 2.

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 25 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.