Press Release brought to you by Marcus & Millichap

MARCUS & MILLICHAP ARRANGES THE SALE OF A 130-ROOM HOSPITALITY PROPERTY

06/20/2017

WICHITA, KANSAS, June 20, 2017 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of Best Western Airport Inn & Conference Center, a 130-room hospitality property located at 6815 West Kellogg Drive in Wichita, Kansas, according to Craig R. Swanson, Regional Manager of the firm’s Austin office.

Steve Swenholt, Associate, Allan Miller, First Vice President, and Chris Gomes, Senior Vice President investment specialists in Marcus & Millichap’s Austin, San Antonio, and Dallas offices, in conjunction with Greg Bates the designated Kansas broker of record, had the exclusive listing to market the property on behalf of the seller, a limited liability company.  The buyer, a limited liability company, was also secured by Mr. Swenholt, Mr. Miller and Mr. Gomes.

Best Western Airport Inn & Conference Center is a 130-room, interior corridor, full service, and conference center hotel, and is one of the closest hotels to Dwight D. Eisenhower National Airport, the main commercial airport in Wichita, Kansas.

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About Marcus & Millichap (NYSE: MMI)

With over 1,700 investment sales and financing professionals located throughout the United States and Canada, Marcus & Millichap is a leading specialist in commercial real estate investment sales, financing, research and advisory services. Founded in 1971, the firm closed over 9,000 transactions in 2016 with a value of approximately $42.3 billion. The company has perfected a powerful system for marketing properties that combines investment specialization, local market expertise, the industry’s most comprehensive research, state-of-the-art technology, and relationships with the largest pool of qualified investors. To learn more, please visit: www.MarcusMillichap.com

 

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Marcus & Millichap

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