DETROIT LAKES, MINNESOTA—Marcus & Millichap announced the sale of a 45-room Country Inn & Suites property in Detroit Lakes, Minnesota. “This transaction reflects the continued investor demand for well-maintained, premium-branded hotels in Minnesota’s drive-to leisure markets,” said Joseph Ferguson, director of investments. “Detroit Lakes remains one of Minnesota’s strongest regional lodging destinations, supported by a diverse mix of tourism, outdoor recreation, local events, healthcare and business travel, which continues to drive long-term investor interest in the area.” Ferguson, Jon Ruzicka, Reed Gizinski and Brock […]

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