Marcus & Millichap Inc.

10/17/2024 | Press release | Distributed by Public on 10/18/2024 11:08

Marcus & Millichap Arranges the Sale of a 148-Room Hospitality Property in Denver

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Marcus & Millichap Arranges the Sale of a 148-Room Hospitality Property in Denver

October 17, 2024
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GREENWOOD VILLAGE, CO, October 17, 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 the La Quinta Inn & Suites by Wyndham Denver Tech Center, a 148-room hospitality property located in Greenwood Village, Colorado, according to Adam Lewis, regional manager of the firm's Denver office.

Christy McDougall, an associate in Marcus & Millichap's Denver office, was a transactional broker assisting both the seller, an out-of-state owner, and the buyer, an in-state limited liability company. Chris Gomes, executive managing director, and Skyler Cooper, senior vice president, based in the firm's Dallas office, along with Allan Miller, senior managing director in the firm's Austin office, helped facilitate the transaction. Adam Lewis, regional manager, and the firm's broker of record in Colorado, assisted in facilitating the closing of this transaction.

The La Quinta Inn & Suites by Wyndham Denver Tech Center is located at 7077 S Clinton Street in Greenwood Village, Colorado. Various common area amenities at the property include an outdoor pool, fitness center, on-site guest laundry, sundries/mart and bus/truck parking.

The Miller-Gomes Hotel Team of Marcus & Millichap has sold over 600 hotels across the nation since its inception. The team has 70 active listings across 20 states, 24 hotels under contract, and closed 83 transactions in 2023.

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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.