Jomela Properties affiliate buys the Suites at Northshore hotel

96-room hotel sold for $3 million

Milwaukee valve nibco

Last updated on May 15th, 2019 at 05:05 pm

An affiliate of Milwaukee-based Jomela Properties purchased the 96-room Suites at Northshore hotel in Glendale for about $3 million, according to state records.

The hotel was sold in an online auction at from Sept. 28 to 30.

Located at 7275 N. Port Washington Road, the hotel consists of 15 buildings on 2.3 acres. It was built in 1988.

“We bought it as an investment opportunity,” said Scott Lurie, principal of Jomela Properties. “We are exploring different options for the site.”

The hotel was sold by BRE Imagination Hotel Owner LLC, which purchased the property in July for $2.6 million, according to state records.

The hotel was formerly operated under the Residence Inn by Marriott flag.

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Andrew is the editor of BizTimes Milwaukee. He joined BizTimes in 2003, serving as managing editor and real estate reporter for 11 years. A University of Wisconsin-Madison graduate, he is a lifelong resident of the state. He lives in Muskego with his wife, Seng, their son, Zach, and their dog, Hokey. He is an avid sports fan and is a member of the Muskego Athletic Association board of directors.

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