Ronn Thomas from Cushman & Wakefield NorthMarq was retained by Kelly Inns LLC to discretely market and sell the 149 room full service Best Western Kelly Inn Plymouth Hotel.
Owners were concerned that the hotel staff realize the property was for sale.
The property contained two tenant Leases.
The property was a 40 year old full service hotel that included a waterpark, banquet facilities, restaurant and tenant leases.
Discretely marketed the hotel so that employees were unaware of the sale.
Negotiated favorable Lease extensions with the Tenants.
Found buyers by aggressively marketing the property throughout the upper Midwest.
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Cushman & Wakefield Minneapolis-St. Paul
3500 W. American Blvd, Suite 200
Bloomington, MN 55431
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