Press Releases
Marcus & Millichap Arranges Sale of 98-Room Best Western Plus in Blaine, Minnesota
June 17, 2025
BLAINE, Minn., June 17, 2025 – 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 a 98-room Best Western Plus in Blaine, Minnesota.
“The hotel has been well maintained and has a strong track record of consistent performance,” said Jon Ruzicka, managing director investments. “With the planned expansion of the adjacent National Sports Center, the property offers significant upside potential for incoming ownership. The new owner is expected to implement thoughtful upgrades and continue proudly serving the growing Blaine community.”
Ruzicka, Joseph Ferguson and Reed Gizinski, investment specialists in Marcus & Millichap’s Minneapolis office, had the exclusive listing to market the property on behalf of the seller and procured the buyer.
The Best Western Plus Blaine is located at 10580 Baltimore St. NE, adjacent to the National Sports Center, the world’s largest amateur sports and meeting facility, which draws more than 4 million visitors annually. Built in 2007, the hotel features 98 guestrooms with kitchenettes and modern amenities, along with amenities including an indoor pool, hot tub, arcade room, business center and meeting space.
“The hotel has been well maintained and has a strong track record of consistent performance,” said Jon Ruzicka, managing director investments. “With the planned expansion of the adjacent National Sports Center, the property offers significant upside potential for incoming ownership. The new owner is expected to implement thoughtful upgrades and continue proudly serving the growing Blaine community.”
Ruzicka, Joseph Ferguson and Reed Gizinski, investment specialists in Marcus & Millichap’s Minneapolis office, had the exclusive listing to market the property on behalf of the seller and procured the buyer.
The Best Western Plus Blaine is located at 10580 Baltimore St. NE, adjacent to the National Sports Center, the world’s largest amateur sports and meeting facility, which draws more than 4 million visitors annually. Built in 2007, the hotel features 98 guestrooms with kitchenettes and modern amenities, along with amenities including an indoor pool, hot tub, arcade room, business center and meeting space.
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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, 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.
