The Holiday Inn Express & Suites in Danbury, Conn., has been sold for over $12 million in a deal facilitated by Marcus & Millichap.
The 50,000-square-foot property, which was built in 2001 and recently renovated in 2024, is located on 2.5 acres. The four-story hotel has a 79-unit mix between standard rooms and suites and includes onsite parking, an outdoor pool and a fitness center. The hotel is directly off Interstate 84 near Danbury Fair Mall, Western Connecticut State University and many corporate offices including Duracell.
Jerry Swon of Marcus & Millichap’s New York City office—in association with John Krueger, the firm’s broker of record in Connecticut—exclusively marketed the property on behalf of the seller and procured the buyer, who are both private clients.
“This was a great deal for both parties,” Swon said in a statement. “It was a pleasure to successfully transact for a third time with the seller and help the buyer expand their footprint in Danbury.”