Marcus & Millichap brokered the sale of Hu. Hotel, a 110-room hotel in Memphis, Tennessee.
Mitchell Presas, Skyler Cooper, Chris Gomes and Allan Miller of Marcus & Millichap’s Miller-Gomes Hotel Team, represented the local private buyer in the transaction. Jody McKibben is Marcus & Millichap’s broker of record in Tennessee.
Located at 79 Madison Ave. in downtown Memphis, the hotel occupies the former Tennessee Trust Building, built in 1905 and listed on the National Register of Historic Places. Steps from Beale Street, the Mississippi River, and FedExForum, the hotel features a rooftop bar, meeting spaces, and a fitness center.
