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Marcus & Millichap Arranges Sale of Michigan Marriott Hotel
A 96-room, three-story hotel in Midland, Michigan, is set to go through full renovation after being bought by an investor group.
Marcus & Millichap brokered the sale of SpringHill Suites by Marriott Midland, a hospitality property just off US Highway 10. Ebrahim Valliani, first vice president, and Michael Klar, senior associate, both investment specialists in Marcus & Millichap’s Chicago Oak Brook office, represented the seller and the buyer, both private investor groups.
Chris Gomes, executive managing director, and Allan Miller, senior vice president, in Marcus & Millichap’s Dallas and Austin offices, respectively, were also listed on the deal as supporting brokers. The SpringHill Suites by Marriott Midland will be fully renovated to the newest Marriott brand standards.
The Miller-Gomes Hotel Team of Marcus & Millichap has sold over 600 hotels across the nation since its inception. The team has 55 active listings across 20 states, ten hotels under contract, and closed 83 transactions in 2023.
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