Press Releases
Marcus & Millichap Arranges Sale of 107-Room Hotel Property in Bentonville, Arkansas
July 08, 2025
BENTONVILLE, Ark., July 8, 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 Element by Westin, a 107-room four-floor hotel property located in Bentonville, Arkansas.
"Element Bentonville, an institutional-grade asset, is well-positioned in one of the country’s most dynamic and rapidly growing markets,” said Chris Gomes. “Located along the I-49 corridor, the property offers exceptional connectivity and visibility, with immediate access to major demand generators, including Walmart’s global headquarters, the new Walmart Home Office campus, Northwest Medical Center and Crystal Bridges Museum of American Art. The combination of corporate, medical and cultural anchors—along with the region’s sustained growth in the leisure segment—makes this a prime long-term investment opportunity.”
Gomes, executive managing director investments, and Skyler Cooper, senior managing director investments, both investment specialists in Marcus & Millichap’s Dallas office, marketed the property on behalf of the seller, iSquare Properties and procured the buyer, Helix Hotels. The transaction received additional support from Allan Miller of the Miller-Gomes Hotel Team. Steve Greer is the firm’s broker of record in Arkansas.
Built in 2019, the 107-room Element hotel is located at 2309 S.E. Walton Blvd., just off Interstate 49 on 3.4 acres. Amenities include an outdoor pool, fitness and business centers, and meeting space.
"Element Bentonville, an institutional-grade asset, is well-positioned in one of the country’s most dynamic and rapidly growing markets,” said Chris Gomes. “Located along the I-49 corridor, the property offers exceptional connectivity and visibility, with immediate access to major demand generators, including Walmart’s global headquarters, the new Walmart Home Office campus, Northwest Medical Center and Crystal Bridges Museum of American Art. The combination of corporate, medical and cultural anchors—along with the region’s sustained growth in the leisure segment—makes this a prime long-term investment opportunity.”
Gomes, executive managing director investments, and Skyler Cooper, senior managing director investments, both investment specialists in Marcus & Millichap’s Dallas office, marketed the property on behalf of the seller, iSquare Properties and procured the buyer, Helix Hotels. The transaction received additional support from Allan Miller of the Miller-Gomes Hotel Team. Steve Greer is the firm’s broker of record in Arkansas.
Built in 2019, the 107-room Element hotel is located at 2309 S.E. Walton Blvd., just off Interstate 49 on 3.4 acres. Amenities include an outdoor pool, fitness and business centers, 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.
