Marcus & Millichap Real Estate Investment Brokerage Co.
NAA member Marcus & Millichap Real Estate Investment Brokerage
Co. announced the sale of Best Western Palmer House in Colorado Springs,
Colo., according to David A. Wetta, First Senior Vice President. This
hotel is a 150-room property located at 3010 N. Chestnut St. The
property sold for $3,700,000 to Janosz Family Limited Partnership of San
Diego. Richard Sonntag of Colorado Springs, Colo., the seller, owned the
property for 15 years. Bernard Phillippe, of the Marcus & Millichap
Phoenix office, represented the seller, and Herman Spielkamp of Grubb
& Ellis Quantum Commercial represented the buyer in the transaction.