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| TownePlace Suites Providence North Kingstown, 55 Gate Road, North Kingstown, RI |
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| Denny Meikleham |
BOSTON, MA –– Holliday
Fenoglio Fowler, L.P. (HFF) announced it has closed the sale of the 104-suite TownePlace Suites Providence North
Kingstown in North Kingstown, Rhode Island.
HFF marketed the property
on behalf of the seller, Waterford Development Corp and XSS Hotels, and
procured the buyer. The hotel was sold
unencumbered by management.
The TownePlace Suites
Providence North Kingstown is located at 55
Gate Road, approximately 19 miles south of downtown Providence and 12 miles
south of T.F. Green Airport within Quonset Business Park, which is home to
nearly 200 companies, The Port of Davisville and Quonset State Airport.
Completed in 2011, the
Marriott-branded hotel features fully-equipped kitchens in each suite,
complimentary high-speed internet access, complimentary breakfast, a
sundry/convenience store, fitness center, heated indoor salt water pool,
business center, BBQ/picnic area, guest laundry and complimentary shuttle
service.
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 Murphy
Director, Marketing
HFF | One Post Office
Square, Suite 3500 | Boston, MA 02109
tel 617.848.1572 | fax
617.338.2150 | www.hfflp.com
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