HINESVILLE, GA., November 27, 2012 – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has announced the sale of the former Quality Inn, a 53-room exterior corridor limited service hotel located in Hinesville, Georgia, according to Richard D. Matricaria, Regional Manager of the firm’s Tampa office.
Jonathan S. Ruprai, a senior associate and hotel specialist in Marcus & Millichap’s Tampa office, had the exclusive listing to market the property on behalf of the seller, a financial institution. The buyer, a limited liability company based out of Georgia, was also secured and represented by Ruprai. John Leonard is Marcus & Millichap’s broker of record in Georgia.
The former Quality Inn was built in 1995 and is located at 706 East Oglethorpe Highway.
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With more than 1,000 investment professionals in offices nationwide, Marcus & Millichap Real Estate Investment Services is the largest firm specializing in commercial real estate investment services in the nation. Marcus & Millichap closed 5,085 transactions in 2011, the highest of any commercial real estate brokerage firm. Founded in 1971, the firm has perfected a powerful system for marketing properties that combines product specialization, local market expertise, the industry’s most comprehensive research, state-of-the-art technology and relationships with the largest pool of qualified investors nationally.