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 Comfort Inn & Suites Denison – Lake Texoma, a 79-room hospitality property located in Denison, Texas.
Chris Gomes, an executive managing director in Marcus & Millichap’s Dallas office, represented the buyer, an out of state limited liability company, in this off-market transaction. Senior managing director, Allan Miller, in the firm’s Austin office, was listed on the deal as a supporting broker.
The Comfort Inn & Suites Denison is located at 715 Point Lookout Dr., Denison, TX. Various common area amenities at the Property include a business center, guest laundry, and ample parking for cars, trucks and recreational vehicles.
The Miller-Gomes Hotel Team of Marcus & Millichap has sold over 600 hotels across the nation since its inception. The team has 89 active listings across 20 states, 16 hotels under contract, and closed 83 transactions in 2023.
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.
