Marcus & Millichap Inc.
09/18/2026 | Press release | Distributed by Public on 09/18/2026 16:30
Marcus & Millichap Arranges Sale of 92-Room Fairfield Inn & Suites in Warsaw, Indiana
Press Releases
Marcus & Millichap Arranges Sale of 92-Room Fairfield Inn & Suites in Warsaw, Indiana
September 18, 2026
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WARSAW, Ind., Sept. 18, 2026 - 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 a 92-room Fairfield Inn & Suites in Warsaw, Indiana.
"The transaction was a smooth process from start to finish, driven by strong communication and cooperation between the buyer and seller," said Michael Klar, investment specialist with Marcus & Millichap. "Both parties remained focused on getting the deal across the finish line, which allowed us to navigate the process efficiently and ultimately deliver a successful closing."
Klar and Ebrahim Valliani from the firm's Chicago Oak Brook office, represented both the buyer and seller in the transaction, in association with Julia Evinger, Marcus & Millichap's Indiana broker of record. The transaction received additional support from Allan Miller and Chris Gomes of the Miller-Gomes Hotel Team.
"Demand for newer select-service hotel assets throughout the Midwest remains strong, particularly among investors seeking well-maintained properties in growing regional markets," said Valliani. "It was a pleasure working with both parties throughout the transaction, and we congratulate the buyer and seller on a successful closing."
The four-story hotel is located at 54 Petro Drive. Built in 2020, the property features an indoor swimming pool, fitness center, business center, meeting space, and guest laundry facilities.
"The transaction was a smooth process from start to finish, driven by strong communication and cooperation between the buyer and seller," said Michael Klar, investment specialist with Marcus & Millichap. "Both parties remained focused on getting the deal across the finish line, which allowed us to navigate the process efficiently and ultimately deliver a successful closing."
Klar and Ebrahim Valliani from the firm's Chicago Oak Brook office, represented both the buyer and seller in the transaction, in association with Julia Evinger, Marcus & Millichap's Indiana broker of record. The transaction received additional support from Allan Miller and Chris Gomes of the Miller-Gomes Hotel Team.
"Demand for newer select-service hotel assets throughout the Midwest remains strong, particularly among investors seeking well-maintained properties in growing regional markets," said Valliani. "It was a pleasure working with both parties throughout the transaction, and we congratulate the buyer and seller on a successful closing."
The four-story hotel is located at 54 Petro Drive. Built in 2020, the property features an indoor swimming pool, fitness center, business center, meeting space, and guest laundry facilities.
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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, 2025, the company had 1,808 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 8,818 transactions in 2025, with a sales volume of approximately $50.9 billion. For additional information, please visit www.MarcusMillichap.com.
Marcus & Millichap Inc. published this content on September 18, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on September 18, 2026 at 22:31 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]