MARCUS & MILLICHAP ARRANGES THE SALE OF A 65-ROOM HOSPITALITY PROPERTY
BEAUMONT, Texas, August 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 La Quinta Inn & Suites Beaumont West, a 65-room hospitality property located in Beaumont, Texas, according to David H. Luther, first vice president/ district manager of the firm’s Houston office. The asset was listed for $6,000,000.
Skyler Cooper, senior associate, Lisa Hankamer, senior associate, in Marcus & Millichap’s Houston office, Chris Gomes, senior vice president investments, in Marcus & Millichap’s Dallas office and Allan Miller, first vice president investments, in Marcus & Millichap’s San Antonio office, had the exclusive listing to market the property on behalf of the seller, a limited liability company.
La Quinta Inn & Suites Beaumont West is located at 5820 Walden Road in Beaumont.
# # #
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