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Hot Time for Hotels

The Twin Cities hotel market is thriving, powered by a strong economy and a region that ass added and absorbed plenty of new inventory. The vigor of this commercial real estate sector has made it a fruitful time for buyers and sellers who are seeking to capitalize on investment opportunities.

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Hospitality Team sells Rochester La Quinta

Cushman & Wakefield’s Ronn Thomas and Tim Storey represented Chester Properties LLC in the $7.35M sale of the La Quinta Inn & Suites in Rochester, an 83-room hotel on Highway 63. The sale, which resulted in American Hospitality LLC owning the property, closed just before the end of the year.

View article from PostBulletin.