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

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

Marcus & Millichap, Inc.

MMI

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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.


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