Press Releases
Marcus & Millichap Arranges the Sale of A 50-Room Hospitality Property in Texas
June 12, 2024
CANADIAN, TX, June 12, 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 Canadian Courts Motel, a 50-room hospitality property located in Canadian, Texas, according to Bruce Bentley, regional manager of the firm’s Austin and San Antonio offices.
Allan Miller, senior managing director in Marcus & Millichap’s Austin office had the exclusive listing to represent the seller, a private investor. Miller also successfully secured the buyer - a private investor. Chris Gomes, executive managing director in Marcus & Millichap’s Dallas office was listed on the transaction as a supporting broker.
The Canadian Courts Motel is located at 220 N 2nd Street, Canadian, Texas. Various common area amenities at the property include a meeting area that can accommodate up to 150 guests and a breakfast area.
Allan Miller, senior managing director in Marcus & Millichap’s Austin office had the exclusive listing to represent the seller, a private investor. Miller also successfully secured the buyer - a private investor. Chris Gomes, executive managing director in Marcus & Millichap’s Dallas office was listed on the transaction as a supporting broker.
The Canadian Courts Motel is located at 220 N 2nd Street, Canadian, Texas. Various common area amenities at the property include a meeting area that can accommodate up to 150 guests and a breakfast area.
# # #
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, 2024, the company had 1,712 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 7,836 transactions in 2024, with a sales volume of approximately $49.6 billion. For additional information, please visit www.MarcusMillichap.com.
