Press Releases
Marcus & Millichap Brokers Sale of 96-Room Country Inn & Suites in Fergus Falls, Minn.
March 05, 2026
FERGUS FALLS, Minn., March 5, 2026 – 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 a 96-room Country Inn & Suites hotel property in Fergus Falls, Minnesota.
“Fergus Falls continues to demonstrate strong lodging fundamentals driven by regional tourism, healthcare demand, and consistent Interstate 94 traffic,” said Jon Ruzicka, managing director investments. “The property’s direct connection to the Bigwood Event Center and its excellent visibility along I-94 position it well for long-term success. The new ownership group plans to implement thoughtful, tasteful renovations that will further enhance the guest experience while building on the hotel’s strong community presence.”
Ruzicka, Joseph Ferguson and Reed Gizinski, investment specialists in Marcus & Millichap’s Minneapolis office, had the exclusive listing to market the property on behalf of the seller. Ruzicka procured the buyer.
The Country Inn & Suites is situated on 4.79 acres at 925 Western Ave. Built in 1971 and extensively renovated in 2018 following its conversion to the Country Inn & Suites brand, the two-story hotel is directly connected to the city-owned Bigwood Event Center, the area’s largest convention and meeting facility. The hotel features a Minnesota-shaped indoor pool, along with amenities including a dining area, fitness center and business center.
“Fergus Falls continues to demonstrate strong lodging fundamentals driven by regional tourism, healthcare demand, and consistent Interstate 94 traffic,” said Jon Ruzicka, managing director investments. “The property’s direct connection to the Bigwood Event Center and its excellent visibility along I-94 position it well for long-term success. The new ownership group plans to implement thoughtful, tasteful renovations that will further enhance the guest experience while building on the hotel’s strong community presence.”
Ruzicka, Joseph Ferguson and Reed Gizinski, investment specialists in Marcus & Millichap’s Minneapolis office, had the exclusive listing to market the property on behalf of the seller. Ruzicka procured the buyer.
The Country Inn & Suites is situated on 4.79 acres at 925 Western Ave. Built in 1971 and extensively renovated in 2018 following its conversion to the Country Inn & Suites brand, the two-story hotel is directly connected to the city-owned Bigwood Event Center, the area’s largest convention and meeting facility. The hotel features a Minnesota-shaped indoor pool, along with amenities including a dining area, fitness center and business center.
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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, 2025, the company had 1,808 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 8,818 transactions in 2025, with a sales volume of approximately $50.9 billion. For additional information, please visit www.MarcusMillichap.com.
