Tuesday, January 26, 2010

Marcus & Millichap Sells 264-Room Hotel in Altamonte Springs, FL


ALTAMONTE SPRINGS, FL, Jan.  26, 2010 – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has announced the sale of Clarion Inn and Suites, (top left photo)  a 264-room hotel located in Altamonte Springs, Florida, according to Bryn D. Merrey, Regional Manager of the firm’s Tampa office.

The asset commanded a sales price of $6,200,000.

Jaimin P. Patel, a Senior Associate in Marcus & Millichap’s Tampa office, had the exclusive listing to market the property on behalf of the seller, a limited liability company. The buyer, a limited liability company, was also secured and represented by Mr. Patel.

Clarion Inn and Suites is located at 230 West State Road 436.

Press Contact: Bryn D. Merrey, Regional Manager, Tampa, (813) 387-4700

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