CBRE Hotels Sells Comfort Inn Belleville, Michigan

Chicago, Illinois – May 20, 2014 – CBRE Hotels is pleased to announce the sale of the 60-room Comfort Inn in Belleville, Michigan located at 45945 South Interstate 94 Service Drive. The court appointed Receiver sold the hotel to a private investor.  

The two-story hotel is conveniently located near several of the area’s major points of demand including the Arborland Mall, Belleville Lake, Canton Sports Center, Henry Ford Museum, Wayne County Fairgrounds and Westland Center Mall. Furthermore, the hotel sits just 10 miles from Eastern Michigan University and the University of Michigan, both of which create year-round demand for the area.

The CBRE Hotels’ Chicago team consisted of Senior Vice Presidents Nate Sahn and James Johnson who represented the seller in this transaction.

Mr. Sahn commented, “The Comfort Inn represented a great acquisition given its Interstate 94 location and proximity to Ann Arbor (home of the University of Michigan) and Detroit’s Metropolitan Airport.”

CBRE Hotels is a specialized advisory group within CBRE Group, Inc. providing brokerage, valuation and capital markets services to companies in the hotel sector. CBRE Hotels is comprised of over 150 dedicated hospitality professionals located in 37 offices across the globe. For more information, please visit our website at www.cbrehotels.com.

About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2013 revenue).  The Company has approximately 44,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through approximately 350 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website at www.cbre.com.