Nic Wade is an investment sales broker who joined Colliers as an Assistant Vice President in January 2021. Formerly, Nic was a Director at Marcus & Millichap’s Hospitality Division in the firm’s Richmond, Virginia office. Nic was promoted to Vice President at Colliers in May of 2022.

As a hospitality investment specialist, Nic advises clients on the acquisition and disposition of hotels/motels in the Mid-Atlantic and Southeast regions, with an emphasis on exclusive seller representation. Nic provides his clients with access to the largest pool of regional, national, and international qualified investors to create a competitive bidding environment upon asset disposition. Nic has completed acquisitions and dispositions under all major hotel franchises including Hilton, Marriott, Best Western, Choice, and Wyndham. He and his team, Merchant Hotel Group, focus on mid-market client dispositions of limited, select, and full-service hotels across economy, midscale, and upper midscale categories. Merchant Hotel Group also offers complimentary pricing evaluations and consultations to ownership groups contemplating a hotel disposition or curious of the current market value of their property.

Nic is a native Virginian born and raised in the Hampton Roads area and currently residing in Richmond. He is a graduate of Christopher Newport University, where he earned degrees in Political Science and American Constitutional Studies. Prior to joining Marcus & Millichap, Nic held a research role investigating commercial real estate sales, leases, and market trends as a Research Associate at CoStar. He is a licensed real estate salesperson in Virginia.