Marcus & Millichap brokers sale of 250-room DoubleTree Syracuse hotel

Marcus & Millichap, Inc.
Park Hotels & Resorts, Inc.

Marcus & Millichap, Inc.

MMI

0.00

Park Hotels & Resorts, Inc.

PK

0.00

  • Marcus & Millichap brokered sale of DoubleTree Syracuse, a 250-room hotel in East Syracuse, New York.
  • Transaction involved private investors on both sides; Marcus & Millichap team represented seller, procured buyer.
  • Property opened in 1977, renovated in 2016; includes 17,000 square feet of meeting space.
  • Broker cited expected demand lift tied to Micron-related activity, supply tightening following 2024 closures of Sheraton Syracuse University Hotel and Crowne Plaza Syracuse for conversion to student housing.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Marcus & Millichap Inc. published the original content used to generate this news brief on May 05, 2026, and is solely responsible for the information contained therein.