The Cushman & Wakefield Hospitality Team of Ronn Thomas and Tim Storey represented BD Hotel Ventures in the sale of the 151-room Radisson Hotel in Fargo, North Dakota. The sale closed Friday, December 2.
At 201 Fifth St. N. in Fargo, the Radisson has ideal access to downtown Fargo, with such attractions as the Fargo Theatre, Plains Art Museum and the Fargo Civic Center within an easy walking distance. North Dakota State University and the Fargodome are within a short drive of the Radisson.
The 18-story hotel is also known as the second-tallest building in all of North Dakota, behind only the state capital building in Bismarck.
“The Radisson was an attractive property for potential investors because it’s one of the area’s premier hotels,” said Thomas. “The building was recently renovated, and it’s connected to the downtown Fargo skyway system.”