Press Releases
Marcus & Millichap Arranges the Sale of a 67-Room Hospitality Property in Wisconsin
April 17, 2024
TOMAH, WI, April 17, 2024– 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 Clarion Pointe Tomah, a 67-room hospitality property located in Tomah, Wisconsin, according to Steven Weinstock, regional manager of the firm’s Chicago Oak Brook office.
Ebrahim Valliani, first vice president, and Michael Gantman, associate, both investment specialists in Marcus & Millichap’s Chicago Oak Brook office, had the exclusive listing to market the property on behalf of the seller, a private investor. The buyer, a private investor, was secured and represented by Valliani and Gantman. Chris Gomes, executive managing director, and Allan Miller, senior vice president, in Marcus & Millichap’s Dallas and Austin offices, respectively, were also listed on the deal as supporting brokers. Todd Lindblom, regional manager, and the firm’s broker of record in Wisconsin, assisted in facilitating the closing of this transaction.
The Clarion Pointe Tomah is a 67-room, two-story Hotel stationed at 2005 N. Superior Avenue, Tomah, Wisconsin. The Property maintains several common area amenities such as an indoor pool with a hot tub, fitness center, laundry facility, gift shop, playground, and a gaming lounge.
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.
Ebrahim Valliani, first vice president, and Michael Gantman, associate, both investment specialists in Marcus & Millichap’s Chicago Oak Brook office, had the exclusive listing to market the property on behalf of the seller, a private investor. The buyer, a private investor, was secured and represented by Valliani and Gantman. Chris Gomes, executive managing director, and Allan Miller, senior vice president, in Marcus & Millichap’s Dallas and Austin offices, respectively, were also listed on the deal as supporting brokers. Todd Lindblom, regional manager, and the firm’s broker of record in Wisconsin, assisted in facilitating the closing of this transaction.
The Clarion Pointe Tomah is a 67-room, two-story Hotel stationed at 2005 N. Superior Avenue, Tomah, Wisconsin. The Property maintains several common area amenities such as an indoor pool with a hot tub, fitness center, laundry facility, gift shop, playground, and a gaming lounge.
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.
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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.
