Press Releases
Marcus & Millichap Facilitates Sale of 84-Room Hotel in Columbia Metro
March 17, 2025
COLUMBIA, S.C., Mar. 17, 2025 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Fairfield Inn Columbia Northwest-Harbison, an 84-room select-service hotel in Columbia, South Carolina.
“This was a highly competitive auction, with local buyers bidding against out-of-area buyers,” said Robert Hunter, senior managing director. “Ultimately, the winning bidder group had a strong local presence and, for that reason, was highly confident in its ability to realize the long-term potential of the hotel.”
Hunter, along with McLean Hicklin and Leo Reilly, exclusively marketed the property on behalf of the seller and procured the buyer, a private investor based in the area. Benjamin Yelm is Marcus & Millichap’s broker of record in South Carolina.
Built in 1998, the four-story property sits directly off Interstate 26 at 320 Columbiana Drive, near Columbiana Centre, the University of South Carolina, Williams-Brice Stadium and Fort Jackson Military Base. Amenities include a business center, fitness center, complimentary breakfast, meeting space and an outdoor patio.
“This was a highly competitive auction, with local buyers bidding against out-of-area buyers,” said Robert Hunter, senior managing director. “Ultimately, the winning bidder group had a strong local presence and, for that reason, was highly confident in its ability to realize the long-term potential of the hotel.”
Hunter, along with McLean Hicklin and Leo Reilly, exclusively marketed the property on behalf of the seller and procured the buyer, a private investor based in the area. Benjamin Yelm is Marcus & Millichap’s broker of record in South Carolina.
Built in 1998, the four-story property sits directly off Interstate 26 at 320 Columbiana Drive, near Columbiana Centre, the University of South Carolina, Williams-Brice Stadium and Fort Jackson Military Base. Amenities include a business center, fitness center, complimentary breakfast, meeting space and an outdoor patio.
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About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2024, the company had 1,712 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 7,836 transactions in 2024, with a sales volume of approximately $49.6 billion. For additional information, please visit www.MarcusMillichap.com.
