Hospitality V Michigan

CBRE sells pair of hotels in Iron Mountain

CBRE sells pair of hotels in Iron Mountain,ph01

CBRE has arranged the sale of the 62-room Holiday Inn Express & Suites and 57-room Comfort Inn in Iron Mountain, Michigan, to AJLN, Inc. and MGPAN, Inc. respectively.

CBRE Hotels’ Brian Silberman, Scott Miller, Paul DeLucia and Matt McClure represented the owner, Ardis, Inc. in the sale.

The Holiday Inn Express & Suites and Comfort Inn in Iron Mountain are located in the Upper Peninsula of Michigan, less than two hours north of Green Bay, Wisconsin. Both properties are located a mile from BOSS Snowplow, MJ Electric and the headquarters of Systems Control. Iron Mountain is also home to other manufacturing and industrial companies such as CCI Systems, Verso Paper Mill, WE Energies, and Warner Electric.