Marcus & Millichap Arranges The Sale Of An 80-Room Hospitality Property

ALEXANDRIA, LOUISIANA, December 3, 2021 - 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 Suites Alexandria, an 80-room hospitality property located in Alexandria, Louisiana.

Chris Gomes, Allan Miller and Manish D. Sthanki, investment specialists at Marcus & Millichap, had the exclusive listing to market the property on behalf of the seller, a private investor. The hotel was sold in an online auction facilitated by Ten-X. Chris Shaheen, Broker, assisted in closing this transaction.

Comfort Suites Alexandria is located at 6015 Old Boyce Road in Alexandria, Louisiana.

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About Marcus & Millichap (NYSE: MMI)

With over 2,000 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 8,954 transactions in 2020 with a value of approximately $43 billion. Marcus & Millichap 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.