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| Hampton Inn Freeport, Maine |
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| Hampton Inn Waterville, Maine |
BOSTON, MA –– Holliday
Fenoglio Fowler, L.P. (HFF) announced today that it has closed the $16.933
million sale of the Hampton Inn Freeport
and the Hampton Inn Waterville, two hotels totaling 158 rooms in Freeport
and Waterville, Maine.
HFF marketed the hotels on
behalf of the seller, The Vickery Company, LLC.
GL Rogers & Company through Pendleton Point LLC purchased the assets
and has retained Maine Course Hospitality Group for the management of both
hotel locations.
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| Denny Meikleham |
The Hampton Inn Freeport is located at 194 Lower Main
Street, directly adjacent to
Interstate 295 in Freeport, about 16 miles north of Portland.
Freeport is home to L.L. Bean’s flagship
store and its town center is a popular outlet area for tourists and residents
alike.
Completed in 1999, the hotel
features 77 guest rooms with 312 square feet of function space as well as a
business center, fitness room, indoor pool and complimentary breakfast for
guests.
Located 76 miles north of
Portland, Maine, the Hampton Inn Waterville
is positioned just off of exit 127 from Interstate 95 in the city of
Waterville. Situated at 425 Kennedy Memorial Drive, the hotel
is within close proximity to local demand drivers, Colby College and Thomas
College.
The 81-room property was completed
in 2001 and offers hotel guests complimentary breakfast, a fitness room, indoor
pool and business center. The hotel also
features 1,850 square feet of function space.
The HFF investment sales
team representing the seller was led by managing director Denny Meikleham and director Alan
Suzuki.
For a complete copy of the company’s news release,
please contact:
Kristen M. Murphy
Director, Marketing
HFF | One Post Office
Square, Suite 3500 | Boston, MA 02109
Main: 617-338-0990 |
Direct: 617-848-1572 | Cell: 617-543-4873 | www.hfflp.com
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