Marcus & Millichap Facilitates $40 Million Hospitality Asset Sale in Baton Rouge
Marcus & Millichap, Inc. (MMI)
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Source: Business Wire
BATON ROUGE, La.--(BUSINESS WIRE)--Marcus & Millichap (NYSE:MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the $40.5 million sale of the Hilton Baton Rouge Capitol Center, a 291-room hotel in Baton Rouge, Louisiana.“This was a complex, year-long transaction involving multiple stakeholders and a nationally recognized riverfront asset,” said Chase Dewese, senior director of investments with Marcus & Millichap. “The hotel is one of downtown Baton Rouge’s most prominent hospitality properties, and the new ownership is well positioned to advance a targeted repositioning and operations strategy in a Louisiana State University-anchored market.”Dewese, along with Jack Davis and Joce Messinger of Marcus & Millichap, in association with Steve Greer, Marcus & Millichap’s broker of record in Louisiana, exclusively represented the buyer, Northshore Development, based in Orlando, Florida. “The Hi
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MMI
Sec Filings
- 2/13/26 - Form 8-K
- 2/12/26 - Form 4
- 2/12/26 - Form 4
- MMI's page on the SEC website