DENVER, Sept. 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 La Quinta Inn by Wyndham Denver Northglenn, a 131-room, three-story hotel in Westminster, Colorado.

Marcus & Millichap's Skyler Cooper, senior vice president investments, and Christy McDougall, associate, exclusively marketed the property on behalf of the private seller and procured a local in-state buyer. "This marks yet another successful transaction, with both parties being valued repeat clients," said Cooper. Adam Lewis is Marcus & Millichap's broker of record in Colorado.

Built in 1986 and renovated in 2023, La Quinta Inn is located at 345 W. 120th Ave., at the intersection of W. 120th Avenue and Interstate 25, a major thoroughfare that averages nearly 200,000 vehicles per day. The property is centrally located between Boulder and downtown Denver, with proximity to major attractions.

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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.