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Chicago & Midwest  + Midwest  + Hospitality  | 
Hampton Inn & Suites by Hilton East Lansing/Okemos is a 100-room lodging property

Marcus & Millichap’s Miller-Gomes Team Closes Third Hotel Sale for Client in 90 Days 

Marcus & Millichap finalized the sale of Hampton Inn & Suites by Hilton East Lansing/Okemos, a 100-room hospitality property in Okemos, MI. Terms of the sale weren’t disclsoed.. 

First VP Ebrahim Valliani and senior associate Michael Klar of Marcus & Millichap’s Chicago Oak Brook office marketed the property on behalf of a limited liability company. The buyer, also an LLC, was secured and represented by Valliani and Klar, with Steve Chaben, Michigan regional manager and broker of record, providing assistance in closing this transaction. SVP Allan Miller and senior managing director Chris Gomes were also listed on the deal as supporting brokers. 

“There is an increase in demand for Hilton and Marriott assets in the Midwest (Illinois, Indiana, Wisconsin and Michigan),” said Valliani. “This was the third property that we sold for this group in the past 90 days with over $20 million in volume.” 

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Sale/Acquisition