Cushman & Wakefield/NorthMarq represented Sonor Hotel Corporation in the sale of the 196-room Clarion Inn in Rochester, Minnesota.
The hotel is located at 1630 South Broadway Ave. and on approximately 5.5 acres of land. The site is immediately south of the Olmsted County Fairgrounds and is a short drive from the Apache Mall and downtown Rochester.
The buyer, Lamont Companies, intends to redevelop the Clarion Inn site into a new mixed-use project including a Candlewood Suites hotel and multi-tenant retail. The seller will also retain a financial interest in the new development.
Cushman & Wakefield/NorthMarq Senior Director, Ronn Thomas, represented Sonor Hotel Corporation.