### 99-Room Hyatt Place at Milwaukee Airport Sold
Marcus & Millichap has successfully completed the sale of the 99-room Hyatt Place Milwaukee Airport, located in Milwaukee, Wisconsin.
“Situated just outside the gates of a top 50 MSA international airport on fee simple land, Hyatt Place Milwaukee Airport offers exceptional convenience and accessibility,” said Jon Ruzicka, First Vice President of Investments at Marcus & Millichap. “Planned renovations will align the property with the latest franchisor standards, further enhancing the guest experience.”
Ruzicka, along with Joseph Ferguson, Eric Wagner, Jake Erickson, and Jared Plamann—investment specialists from Marcus & Millichap’s Minneapolis and Milwaukee offices—handled the exclusive listing and successfully secured a buyer for the property.
The four-story hotel, located at 200 W. Grange Ave., occupies a 1.56-acre site. The property has been institutionally owned and meticulously maintained for more than 40 years. Additionally, the Milwaukee Mitchell International Airport’s upcoming multimillion-dollar air cargo facility is anticipated to drive demand for the hotel, reinforcing its long-term value and the city’s expanding economic connectivity.
