CBC Griffin Cos. brokers Rochester hotel sale

Minneapolis-based Coldwell Banker Commercial (CBC) Griffin Companies has negotiated the sale of a 143-room hotel in Rochester, currently an America’s Best Value Inn. The hotel is at 1625 S. Broadway Ave. in Rochester. Mike Palm, vice president of the Business Brokerage Group with CBC Griffin, represented the seller in the deal, Phoenix Hotel LLC….

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Originating in 1969 as Griffin Companies, our company has provided exceptional services to clients throughout the Twin Cities area, as well as nationally and internationally. In May 2008 Griffin Companies became an affiliate of Coldwell Banker Commercial. This affiliation added additional depth to our services through the reach and resources of over 220 offices and 2,800 professionals worldwide. Today, we remain an independently owned and operated business with the ability to respond quickly to our client’s local and global needs. Coldwell Banker Commercial Griffin Companies provides a team of commercial real estate professionals who offer the highest level of experience and motivation to perform for you, the client. Each new assignment is viewed as a new “relationship opportunity” and not as a “transaction opportunity” which is a significant point of differentiation.
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