Hospitality Investments

JULY 21, 2021 | RE Journals Marcus & Millichap closed the sale of Motel 6 Sioux Falls, an 87-room hospitality property in Sioux Falls, South Dakota. The motel sold for $2.25 million. Ebrahim Valliani, vice president; Michael Klar, associate; Allan Miller, senior vice president; and Chris Gomes...

June 4, 2021 Christie Moffat, Bisnow Houston A private buyer group purchased Comfort Inn & Suites IAH Bush Airport East, a 61-room hospitality property at 7014 Will Clayton Parkway in Humble. Marcus & Millichap’s Andrew Frosch, Louis Dan, Chris Gomes and Allan Miller marketed the property...

RE Journals | ILLINOIS | HOSPITALITY Marcus & Millichap brokered the sale of La Quinta Inn, a 130-room hospitality property located in Willowbrook, Illinois, according to Steven D. Weinstock, regional manager and first vice president of the firm’s Chicago Oak Brook office. Terms of the...

TAYLOR WILLIAMS | REI BUSINESS ONLINE | AUG 30, 2018 GREENVILLE AND SULPHUR SPRINGS, TEXAS — Marcus & Millichap has brokered the sale of two Texas hotels totaling 144 rooms. The acquisition includes Best Western Plus Monica Royale Inn & Suites in Greenville, a 79-room hotel located about 60...

HOTEL BUSINESS | AUG 22, 2018 NATIONAL REPORT—Hotel Business is tracking transactions in the industry. Here’s a look at recent activity from MCR, Everwood Hospitality Partners, and more. MCR Acquires New Haven Hampton Inn & Suites MCR has acquired the 98-room Hampton Inn & Suites by Hilton...

KIMBERLY REEVES | BISNOW AUSTIN-SAN ANTONIO | JULY 8, 2018 Austin doesn’t have the space to land meetings that end up in New Orleans or Chicago, but what the city lacks in size it makes up for in sheer buzz among meeting planners, the leader of the city’s convention and visitors bureau told a...

STAFF REPORT | DALLAS BUSINESS JOURNAL | APR 28, 2018 Financial services firm Northern Trust Corp. is growing its presence in Dallas’ Uptown neighborhood. The company this week renewed its lease at the Saint Ann Court tower, where it has been a tenant for five years. Northern Trust also expanded...

ADINA MARCUT | COMMERCIAL PROPERTY EXECUTIVE | APR 20, 2018 The buyer plans to renovate the property and convert it into a branded hotel. Best Inn & Suites offers convenient access to the Denver International Airport. Marcus & Millichap has arranged the sale of Best Inn & Suites, a 190-...

LODGING STAFF | APR 4, 2018 GRAPEVINE, Texas–Marcus & Millichap, a commercial real estate investment services firm, has announced the sale of a two-property, 190-room hotel portfolio in Grapevine, Texas, in the Dallas/Fort Worth area. The properties are a 94-room Hampton Inn & Suites and a...

DALLAS BUSINESS JOURNAL | MAR 30, 2018 A hub in North Texas’ Telecom Corridor has traded hands for $5 million. Hartman vREIT XXI Inc., a Texas-focused real estate investment trust, has snapped up the Richardson Tech Center, a four-building, 96,600-square-foot property located two miles east of...