Skip to content
Homepage
  • Market
    • Illinois
    • Indiana
    • Iowa
    • Kansas
    • Kentucky
    • Michigan
    • Midwest
    • Minnesota
    • Missouri
    • N Dakota
    • National
    • Nebraska
    • Ohio
    • S Dakota
    • Tennessee
    • Texas
    • Wisconsin
  • Events
  • Sector
    • CRE
    • Finance
    • Healthcare
    • Hospitality
    • Industrial
    • Legal
    • Multifamily
    • Net Lease
    • Office
    • Retail
    • section
    • Seniors Housing
    • Student Housing
  • Advertise
  • Real Estate Awards
  • Login/Register
MichiganHospitality

CBRE|Martin sells Brook Lodge & Hotel on MSU campus

May 13, 2018
Share on Facebook Share on Twitter Share on LinkedIn Share via email

CBRE|Martin closed the sale of Brook Lodge in Lansing, Michigan, on behalf of Michigan State University. The former hotel and conference center sold to an out-of-state buyer for the full asking price.

CBRE|Martin’s Van Martin, chairman and chief executive officer, and Stephen Hershfield, associate, represented MSU in the sale.

The grounds consist of 82.6 acres. While Brook Lodge ceased operations in 2012, CBRE|Martin attracted a buyer who had a clear vision for the property and embraced its heritage.

In 2000, MSU acquired the property and it became a part of the University’s Housing and Food Service Division. MSU used the property for conferences and education purposes, and later rented out the grounds as a popular wedding venue.

Prior to MSU’s acquisition of Brook Lodge, the property served as a conference center for Upjohn Company employees. In 1895, it was a private, 40-acre dairy farm, purchased by Dr. William Upjohn, for use as a family vacation property. After Dr. Upjohn’s passing, the Upjohn Company purchased Brook Lodge from the family’s estate.

Tags
Brook LodgehospitalityhotelLansingMichigan
" "

Subscribe

Subscribe to our email list to read all news first.

Subscribe
Related Articles
MinnesotaOffice

CBRE helps Minnesota Department of Employment and Economic Development find new home

March 1, 2021
MinnesotaMultifamily

Zumper report: Minneapolis Apartment rents still climbing back during pandemic

Dan RafterMarch 1, 2021
MinnesotaHealthcare

Davis to develop 400,000-square-foot medical center in Brooklyn Park

March 1, 2021
IowaIndustrial

Des Moines Industrial buys 31 acres as future home for industrial transloading facility

February 26, 2021

Subscribe

Subscribe to our email list to read all news first.

Subscribe
REJournals logo

Market

  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Michigan
  • Midwest
  • Minnesota
  • Missouri
  • N Dakota
  • National
  • Nebraska
  • Ohio
  • S Dakota
  • Tennessee
  • Texas
  • Wisconsin

Sector

  • CRE
  • Finance
  • Healthcare
  • Hospitality
  • Industrial
  • Legal
  • Multifamily
  • Net Lease
  • Office
  • Retail
  • section
  • Seniors Housing
  • Student Housing

Subscribe

Subscribe to our email list to read all news first.

Subscribe
  • Contact Us
  • Events
  • Advertise
  • Office Locations
© 2021 REjournals.com