BEST WESTERN KELLY INN
LOCATION
Plymouth, MN
CLIENT
Kelly Inns, LLC
ROOMS
149
ASSIGNMENT
Disposition
PROJECT OVERVIEW
Ronn Thomas from Cushman & Wakefield was retained by Kelly Inns LLC to discretely market and sell the 149 room full service Best Western Kelly Inn Plymouth Hotel.
CHALLENGES
- Owners were concerned that the hotel staff realize the property was for sale.
- The property contained two tenant Leases.
- The property was a 40 year old full service hotel that included a waterpark, banquet facilities, restaurant and tenant leases.
RESULTS
- Discretely marketed the hotel so that employees were unaware of the sale.
- Negotiated favorable Lease extensions with the Tenants.
- Found buyers by aggressively marketing the property throughout the upper Midwest.