December 2, 2019 | Staff Writer | RE Journals Marcus & Millichap closed the sale of Days Inn Johnson Creek, a 45-room hospitality property in Johnson Creek, Wisconsin. The hotel sold for $2.4 million. Ebrahim Valliani, vice president investments; Michael Klar, associate; John Yurich, associate...
Posted on November 27, 2019 by Kristin Hiller in Acquisitions, Hospitality, Midwest, Wisconsin | REBusiness Online WATERTOWN, WIS. — Marcus & Millichap has negotiated the $5.8 million sale of a 79-room Holiday Inn Express hotel in Watertown, which is situated in between Madison and Milwaukee...
October 22, 2019 | Staff Writer | REJournals Marcus & Millichap closed the sale of Red Roof Inn Chicago – O’Hare, a 134-room hospitality property located in Arlington Heights, Illinois, according to Steven D. Weinstock, regional manager and first vice president of the firm’s Chicago Oak Brook...
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Occupancy Improves Regionwide, Driven by Gains in Smaller Markets Energy industry drives rapid demand growth in North Dakota. Oc-cupancy across the Upper Midwest states continues to steadily climb, highlighted by North Dakota. A recovery in energy prices over the past couple of years renewed shale...
Posted on September 9, 2019 by Kristin Hiller in Acquisitions, Hospitality, Midwest, Wisconsin | REBusiness Online WEST BEND, WIS. — Marcus & Millichap has brokered the $3.5 million sale of the Country Inn & Suites West Bend. The 58-room hotel is located at 2000 Gateway Court in West Bend,...
Posted on August 23, 2019 by Kristin Hiller in Acquisitions, Hospitality, Illinois, Midwest | REBusiness Online ARLINGTON HEIGHTS, ILL. — Marcus & Millichap has brokered the sale of a 125-room Comfort Inn hotel in Arlington Heights for $7.5 million. The 125-room property is located at 2120 S...
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Nebraska, Minnesota Lead Regional Occupancy Gains Oil industry rebound may support improvement in North Dakota moving forward. Occupancy declined slightly through-out the Upper Midwest region during the past 12 months ending in June as rates plummeted in several states. Iowa, North Dakota and South...
CHUCK SUDO | BISNOW CHICAGO | MAY 2, 2018 Soho House and the Ace Hotel Chicago are just the beginning of hotel development in Fulton Market. Soho was a pioneer when it opened in 2014. It took three years for the submarket's second hotel to come: Ace delivered in spring 2017. But now, as Fulton...
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Midwest Metros Invest in Event Space; Buyers Look Outside Main Cities More people travel to region for business functions and large-scale celebrations. Hotels in the seven-state region of the Upper Mid-west performed well this past year as more individuals traveled to the area to attend major...
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Buyer Demand Accelerates in Upper Midwest Amid Healthy Performance Solid gains recorded in Upper Midwest region. During the year ending in June, re-spectable improvements in occupancy and revenue metrics were registered in the Up-per Midwest region, which contains Illinois, Iowa, Minnesota,...

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