NAI Martens Broker Troy Farha Completes Third Wichita Hotel Deal This Year with Sale of Wichita Inn Suites

For Immediate Release

 

Contact:            Andrew Braun

316-262-0000

Abraun@martenscos.com

 

WICHITA, KS – May 30, 2017 – NAI Martens commercial real estate broker Troy Farha has closed his third Wichita hotel deal of 2017 with the sale of the Wichita Inn Suites at 5211 E. Kellogg. The 88-room select service hotel features a fitness center and outdoor pool, and sits less than two miles from Simon Property’s Towne East Square.

 

Earlier this year, Farha also completed sales on:

 

  • Northrock Suites at 7856 E. 36th N., a 101-room select service property with both an indoor and outdoor pool and a fitness center.

 

  • Wichita Inn North, at 3741 N. Rock Rd., a 97-room property now flagged as a Super 8 hotel.

 

The three properties have kicked off a multi-million-dollar sales year for NAI Martens’ hospitality sector.

“The Intrust Bank Arena and VisitWichita have done an outstanding job in putting our city on the map as a tourism and entertainment destination,” Farha said. “We’re seeing a rising demand for hotel rooms and hospitality venues here. That will only get stronger as the NCAA comes to Wichita next year and more national concert and theater tours recognize the quality of our facilities and the devotion of our audiences.”

 

About NAI Martens

 NAI Martens is the largest full-service commercial real estate firm in Kansas, serving clients interested in buying, selling or leasing office, manufacturing, retail, hospitality, and multi-family properties. Founded in 1948 and headquartered in Wichita, NAI Martens offers brokerage, appraisal, property management, consulting, site selection, and more. A full-time research staff and real-time databases monitor properties throughout Kansas and Oklahoma.

A top performer within NAI Global, NAI Martens transaction volume is more than $110 million annually. The company is led by CEO Steve Martens, CCIM, CPM, SIOR, and President Tom Johnson, CRE.

To learn more, visit www.naimartens.com

 

About NAI Global

NAI Global is the single largest, most powerful global network of owner-operated commercial real estate brokerage firms. NAI Global provides a full range of corporate real estate services, including brokerage and leasing, property and facilities management, real estate investment and capital market services, due diligence, global supply chain and logistics consulting and related advisory services. NAI Global Member firms, leaders in their local markets, are actively managed to work in unison and provide clients with exceptional solutions to their commercial real estate needs. Founded in 1978, today NAI Global has more than 375 offices strategically located throughout North America, Latin America, Europe and Asia Pacific, with over 6,700 local market professionals, managing over 380 million square feet of property. Supported by the central resources of the NAI Global network, Member firms deliver market-leading services locally and combine their in-market strengths to form a powerful bond of insights and execution for clients with multi-market challenges.

 

NAI Global was acquired in 2012 by C-III Capital Partners, a commercial real estate services company engaged in a broad range of activities, including primary and special loan servicing, loan origination, fund management, CDO management, principal investment, title services and multifamily property management.

 

To learn more, visit www.naiglobal.com.

 

 

 

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