Marcus & Millichap Arranges The Sale Of A 144-Room Hospitality Property In Oregon

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 Shilo Inn Suites – Klamath Falls, a 144-room hospitality property located in Klamath Falls, Oregon, according to Mark R. McCoy, regional manager of the firm’s Dallas office.

Christian Apt, an associate in Marcus & Millichap’s Dallas office, had the exclusive listing to market the property on behalf of the seller, a private investor. Chris Gomes, executive managing director, and Skyler Cooper, senior vice president, based in the firm’s Dallas office, Allan Miller, senior managing director in the firm’s Austin office, and Huberth Marak, associate in the firm’s Denver office, were listed on the deal as supporting brokers. David Tabata, regional manager, and the firm’s broker of record in Oregon, assisted in facilitating the closing of this transaction.

The Shilo Inn Suites – Klamath Falls is located at 2500 Almond Street, Klamath Falls, Oregon. Various common area amenities at the Property include an on-site restaurant, indoor pool and hot tub, laundry service, fitness center, and business center.

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, 18 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.