Saturday, May 10, 2014

Marcus & Millichap Sells the Sleep Inn in Destin, FL



Sleep Inn, 10775 Emerald Coast Parkway, Destin, FL

Jonathan S. Ruprai
DESTIN, FL – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of Sleep Inn, a 76-room limited service hotel located in Destin, Fla., according to Richard D. Matricaria, regional manager of the firm’s Tampa office

Jonathan S. Ruprai, a senior associate and a director of the firm's national hospitality group in Marcus & Millichap’s Tampa office, had the exclusive listing to market the property on behalf of the Florida-based seller, a limited liability company.

The Sleep Inn is located at 10775 Emerald Coast Parkway in Destin, Fla.  The hotel was constructed in 1992 and went through a full renovation in 2012.  

  For a complete copy of the company’s news release, please contact:

Richard D. Matricaria
Regional Manager
Tampa, FL
(813) 387-4700


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