Marcus & Millichap brokers sale of GreenTree Pasadena Inn to private buyer

GREENTREE HOSPITALITY GROUP LTD. +2.51%
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GREENTREE HOSPITALITY GROUP LTD.

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Marcus & Millichap, Inc.

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  • Marcus & Millichap brokered sale of GreenTree Pasadena Inn, hospitality property at 400 South Arroyo Parkway in Pasadena, California.
  • Private buyer acquired asset for undisclosed price.
  • Allred Hotel Group team at Marcus & Millichap held exclusive listing on behalf of seller GreenTree Hospitality Group.
  • GreenTree Hospitality Group plans to redeploy proceeds into growth initiatives, including expansion into new markets.


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