M&M BROKERS 100-ROOM HOTEL SALE IN BRYAN
BRYAN, TEXAS — Marcus & Millichap has brokered the sale of a 100-room Best Western Premier hotel in Bryan. Located at 1920 Austin’s Colony Parkway in the heart of the Brazos Valley, the property offers proximity to State Highway 6, FM 158 and Texas A&M University. Marty Cohan and Douglas Cole of Marcus & Millichap represented the buyer, an Hermosa Beach, Calif.-based private investment firm completing a 1031 tax-deferred exchange. David Greenberg, Alan Miller and Chris Gomes of Marcus & Millichap represented the seller, a Texas-based private investment company. Anita Paryani Rice and Jake Roberts of Marcus & Millichap Capital Corp. arranged the acquisition financing.