Marcus & Millichap Inc.

16/07/2024 | Press release | Distributed by Public on 17/07/2024 21:20

Marcus & Millichap Facilitates Sale of Hampton Inn Atlanta Fairburn

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Marcus & Millichap Facilitates Sale of Hampton Inn Atlanta Fairburn

July 16, 2024
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FAIRBURN, Ga., July 16, 2024 - 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 Hampton Inn by Hilton located in Fairburn, Georgia.

"Despite the relatively static state of the market, we successfully fielded multiple offers for the property," said Chase Dewese, first vice president of investments.

Dewese, Jack Davis, Joce Messinger and Joseph Simpson, investment specialists in Marcus & Millichap's Charleston and Charlotte Uptown offices, had the exclusive listing to market the property on behalf of the seller, Warren Norman Company, and procured the buyer. John Leonard, Broker of Record in Georgia, assisted in closing the transaction.

The 99-room Hampton Inn Atlanta Fairburn is situated on 2.33 acres at 7790 Ella Lane. The four-story hotel offers amenities such as a fitness center, outdoor pool, business center and meeting facilities. Located off I-85, the property is 17 miles southwest of downtown Atlanta and 13 miles from Hartsfield-Jackson Atlanta Airport.

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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. As of December 31, 2023, the company had 1,783 investment sales and financing professionals in over 80 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 7,546 transactions in 2023, with a sales volume of approximately $43.6 billion. For additional information, please visit www.MarcusMillichap.com.