Marcus & Millichap

Jon Ruzicka

Overview

Jon Ruzicka is a real estate investment specialist in the firm's Minneapolis office. He specializes in hospitality properties throughout the five state area and is a director in the Marcus & Millichap National Hospitality Group. Mr. Ruzicka has sold over $89,500,000 worth of commercial real estate. 

Prior to joining the firm, Mr. Ruzicka worked in the hospitality industry holding positions within all departments of hotel management.
 
PAST 45 MONTHS OF CLOSINGS WITH $89.55 MILLION* IN TOTAL SALES

1787 HOTEL ROOMS TOTALING OVER $70.5 MILLION
with an additional $19 Million in Multifamily, Office and Self-Storage Transactions

*Currently Have a Combined $32.55+ Million in Under Contract and Active Listings

230 Rooms in Wausau, WI 8/30/2016 
100 Rooms in Johnson Creek, WI 8/29/2016 
37 Rooms in Sleepy Eye, MN 8/15/2016
75 Rooms in Burnsville, MN 7/6/2016
228 Rooms in Wisconsin Dells, WI 7/6/2016
94 Rooms in Waite Park, MN 5/23/2016
83 Rooms in Appleton, WI 4/14/2016
75 Rooms in Black River Falls, WI 3/10/2016
68 Rooms in Hudson, WI 3/2/2016
75 Rooms in Wisconsin Dells, WI 1/13/2016
71 Rooms in Wisconsin Dells, WI 9/15/2015
86 Rooms in Hutchinson, MN 6/25/2015
48 Rooms in Albany, MN 6/15/2015
57 Rooms in Sioux City, IA 3/25/2015
124 Rooms in Sioux Falls, SD 3/2/2015
40 Rooms in Hoyt Lakes, MN 12/12/2014
420 Storage Units in Madison, WI 12/8/2014
24 Units in Osceola, WI 11/13/2014
8 Units in River Falls, WI 10/21/2014
100,681 SF Office in Bloomington, MN 7/8/2014
68 Rooms in Becker, MN 7/8/2014
24 Units in Ellsworth, WI 6/2/2014
228 Rooms in Wisconsin Dells, WI 3/31/2014
50 Rooms in Red Wing, MN 1/9/2014
130 Rooms in Minneapolis, MN 12/31/2013
113 Rooms in Plymouth, MN 11/26/2013
32 Units in Saint Croix Falls, WI 11/12/2013
114 Rooms in Roseville, MN 8/8/2013
139 Rooms in Williston, ND 12/31/2012
 
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Minneapolis
Jon Ruzicka

Jon Ruzicka

Senior Associate
Tel: (952) 852-9767
Fax: (952) 852-9710

License:  MN  40268789
License:  WI  76173-94
License:  IA  S63379000

National Hospitality Group

Member - National Hospitality Group

Promoted to Senior Associate in December, 2014
Jon has been with Marcus & Millichap since 2011 and is a director in their exclusive National Hospitality Group. Prior to joining the firm he held numerous positions within the hospitality industry dating back to 2006. 

Mr. Ruzicka's previous hospitality industry experience, along with facilitating many successful investment transactions, has enabled him to think like an investor and understand the challenges an investor may face. With this awareness and mindset, Jon is even better capable of finding opportunities and adding value for his clients.

University of St. Thomas, Bachelor of Arts degree in business leadership and management

Sales Recognition Award - 2016, 2015

Specialty



Jon Ruzicka is a hotel broker within the Minneapolis office of Marcus & Millichap Real Estate Investment
Services. He focuses specifically on the acquisition and disposition of hospitality properties within the five state area including: Minnesota, Wisconsin, North Dakota, South Dakota and Iowa. He covers all aspects of real estate investment services related to the buying and selling of hotels. He is a licensed commercial real estate agent that can assist with all of your hotel needs whether you are looking to sell, acquire, finance, or refinance. He has earned membership into Marcus & Millichap’s exclusive National Hospitality Group.

Listed Properties

Transactions Closed

  • Days Inn Hotel University Ave SE

    Days Inn Hotel University Ave SE

    Hotel/Motel

    Minneapolis, MN
    Price: $10,615,000
    Size: 130 units
    Cap Rate: 10.24%

  • The Kensington

    The Kensington

    Hotel/Motel

    Williston, ND
    Price: $8,500,000
    Size: 139 units
    Cap Rate: 18.90%

  • Point Self-Stor

    Point Self-Stor

    Self-Storage Facility

    Madison, WI
    Price: $5,850,000
    Size: 420 units

  • Comfort Suites Johnson Creek

    Comfort Suites Johnson Creek

    Hotel/Motel

    Johnson Creek, WI
    Price: $4,875,000
    Size: 100 units
    Cap Rate: 11.96%

  • Amber's Resort & Conference Center Wisconsin Dells

    Amber's Resort & Conference Center Wisconsin Dells

    Hotel/Motel

    Wisconsin Dells, WI
    Price: $4,600,000
    Size: 228 units
    Cap Rate: 8.82%

  • Holiday Inn Express & Suites Hudson

    Holiday Inn Express & Suites Hudson

    Hotel/Motel

    Hudson, WI
    Price: $4,500,000
    Size: 68 units
    Cap Rate: 13.73%

  • Comfort Inn & Suites Black River Falls

    Comfort Inn & Suites Black River Falls

    Hotel/Motel

    Black River Falls, WI
    Price: $4,400,000
    Size: 75 units
    Cap Rate: 15.27%

  • AmericInn Lodge & Suites Hutchinson

    AmericInn Lodge & Suites Hutchinson

    Hotel/Motel

    Hutchinson, MN
    Price: $4,250,000
    Size: 86 units
    Cap Rate: 11.90%

  • Two Appletree Square

    Two Appletree Square

    Office

    Bloomington, MN
    Price: $3,950,000
    Size: 100,681 sqft
    Cap Rate: 7.75%

  • Days Inn Roseville/St. Paul

    Days Inn Roseville/St. Paul

    Hotel/Motel

    Roseville, MN
    Price: $3,550,000
    Size: 114 units

  • Value Place Sioux Falls

    Value Place Sioux Falls

    Hotel/Motel

    Sioux Falls, SD
    Price: $3,500,000
    Size: 124 units
    Cap Rate: 10.35%

  • Ramada Wisconsin Dells

    Ramada Wisconsin Dells

    Hotel/Motel

    Wisconsin Dells, WI
    Price: $3,500,000
    Size: 71 units
    Cap Rate: 6.73%

  • AmericInn Lodge & Suites Sioux City - Airport

    AmericInn Lodge & Suites Sioux City - Airport

    Hotel/Motel

    Sioux City, IA
    Price: $3,000,000
    Size: 57 units
    Cap Rate: 12.89%

  • AmericInn Burnsville

    AmericInn Burnsville

    Hotel/Motel

    Burnsville, MN
    Price: $2,400,000
    Size: 75 units
    Cap Rate: 0.58%

  • Crossings by Grandstay Inn & Suites Becker

    Crossings by Grandstay Inn & Suites Becker

    Hotel/Motel

    Becker, MN
    Price: $2,375,000
    Size: 68 units
    Cap Rate: 13.98%

  • Quality Inn & Suites Wisconsin Dells

    Quality Inn & Suites Wisconsin Dells

    Hotel/Motel

    Wisconsin Dells, WI
    Price: $2,231,250
    Size: 75 units

  • Days Inn Plymouth West/Minneapolis

    Days Inn Plymouth West/Minneapolis

    Hotel/Motel

    Plymouth, MN
    Price: $2,200,000
    Size: 113 units

  • Best Western Rivertown Inn & Suites

    Best Western Rivertown Inn & Suites

    Hotel/Motel

    Red Wing, MN
    Price: $2,175,000
    Size: 50 units
    Cap Rate: 18.95%

  • La Quinta Inn & Suites Appleton

    La Quinta Inn & Suites Appleton

    Hotel/Motel

    Appleton, WI
    Price: $1,850,000
    Size: 83 units
    Cap Rate: 9.36%

  • Pine Ridge Apartments

    Pine Ridge Apartments

    Multifamily

    Saint Croix Falls, WI
    Price: $1,833,500
    Size: 27,200 sqft
    Size: 32 units
    Cap Rate: 6.79%

  • The Plaza Hotel & Suites

    The Plaza Hotel & Suites

    Hotel/Motel

    Wausau, WI
    Price: $1,500,000
    Size: 230 units
    Cap Rate: 2.32%

  • Former Motel 6 Waite Park

    Former Motel 6 Waite Park

    Hotel/Motel

    Waite Park, MN
    Price: $1,500,000
    Size: 94 units

  • Cottages of Ellsworth

    Cottages of Ellsworth

    Multifamily Tax Credit

    Ellsworth, WI
    Size: 19,584 sqft
    Size: 24 units

  • Dells Island Resort & Conference Center

    Dells Island Resort & Conference Center

    Hotel/Motel

    Wisconsin Dells, WI
    Price: $1,200,000
    Size: 228 units
    Cap Rate: 19.91%

  • Country Inn (Independent) of Hoyt Lakes

    Country Inn (Independent) of Hoyt Lakes

    Hotel/Motel

    Hoyt Lakes, MN
    Price: $1,035,000
    Size: 40 units
    Cap Rate: 9.53%

  • Scenic Valley Apartments

    Scenic Valley Apartments

    Multifamily

    Osceola, WI
    Price: $980,000
    Size: 16,000 sqft
    Size: 24 units
    Cap Rate: 7.52%

  • Norwood Inn & Suites

    Norwood Inn & Suites

    Hotel/Motel

    Albany, MN
    Price: $945,000
    Size: 48 units
    Cap Rate: 8.03%

  • 235 West Johnson Street

    235 West Johnson Street

    Multifamily

    River Falls, WI
    Price: $445,000
    Size: 6,650 sqft
    Size: 08 units
    Cap Rate: 7.08%

  • Former Best Western Sleepy Eye

    Former Best Western Sleepy Eye

    Hotel/Motel

    Sleepy Eye, MN
    Price: $400,000
    Size: 37 units
    Cap Rate: 11.21%

In The News

  • Fridley attracts first WoodSpring Suites to Minnesota

    Jon Ruzicka, Senior Associate in Marcus & Millichap's Minneapolis Office comments on WoodSpring Suites coming to Minnesota.

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    Hotel insiders dish about Carlson deal

    Jon Ruzicka, Senior Associate in Marcus & Millichap's Minneapolis Office comments on Carlson Hotels being acquired by the Chinese conglomerate HNA Tourism Group.

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    MAC to Sell Site Across from Mall of America

    Jon Ruzicka, Senior Associate in Marcus & Millichap's Minneapolis Office comments on the most recent proposed Bloomington hotel.

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  • Top 10 Twin Cities Hotel Sales of 2015

    Jon Ruzicka, Senior Associate in Marcus & Millichap's Minneapolis office, comments on 2015's most prominent hotel transactions.

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    Graves, Marriott plan Moxy Hotel in Uptown

    Jon Ruzicka, Senior Associate in Marcus & Millichap's Minneapolis office, comments on proposed Uptown hotel.

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    50-story tower to replace TCF building

    Jon Ruzicka, Senior Associate in Marcus & Millichap's Minneapolis office, comments on proposed hotel component of development tower.

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  • Extended Stay Hotel Proposed for Eden Prairie

    Jon Ruzicka, Senior Associate in Marcus & Millichap's Minneapolis office, provides insight into a newly proposed extended stay hotel in Eden Prairie.

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    Franklin Street favors mixed-use tower at TCF site

    Jon Ruzicka, Senior Associate in Marcus & Millichap's Minneapolis office, provides insight into the possible hotel component of the proposed TCF site redevelopment.

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    Marcus & Millichap Arranges Albany, MN Hotel Sale

    Jon Ruzicka in Marcus & Millichap's Minneapolis office arranges the sale of a 48 room hospitality property in Albany, MN.

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  • Richfield hotel sells for $12.5 million

    Jon Ruzicka in Marcus & Millichap's Minneapolis Office provides insight regarding the recent sale of the Four Points by Sheraton in Richfield, MN.

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    TPI takes over West End hotel project

    Jon Ruzicka with Marcus & Millichap provides insight into St. Louis Park's latest proposed hotel development.

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    Marcus & Millichap Arranges Sioux City Hotel Sale

    Jon Ruzicka in Marcus & Millichap's Minneapolis office arranges the sale of the 57 room AmericInn Lodge & Suites Sioux City.

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  • Marcus & Millichap arranges Sioux Falls hotel sale

    Jon Ruzicka in Marcus & Millichap's Minneapolis office arranges the sale of the 124 room extended stay Value Place hotel in Sioux Falls, SD.

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    Mixed-use tower or offices for TCF site?

    TCF site redevelopment could bring more hotel rooms in to Downtown Minneapolis.

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    Marcus & Millichap Promotes Jon Ruzicka to Senior Associate

    The Minneapolis office of Marcus & Millichap promotes hotel broker Jon Ruzicka to Senior Associate.

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  • An odd pairing in Maplewood

    The Days Inn Maplewood sold and will be converted to a memory care and assisted living facility.

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