Marcus & Millichap Brokers Sale of Sonesta ES Suites Charlotte Arrowood Hotel

Reuters

Feb 13

Marcus & Millichap Brokers Sale of Sonesta ES Suites Charlotte Arrowood Hotel

Marcus & Millichap Inc. has brokered the sale of the Sonesta ES Suites Charlotte Arrowood, an extended-stay hotel located at 7925 Forest Pine Drive in Charlotte, North Carolina. The property, which features suite-style accommodations with fully equipped kitchens and amenities such as a fitness center, business center, convenience store, and complimentary breakfast, was sold to a non-profit organization. The new owner plans to reposition the property to provide affordable housing for veterans and their families, highlighting Marcus & Millichap's ability to work with non-traditional hotel ownership structures.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Marcus & Millichap Inc. published the original content used to generate this news brief on February 12, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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