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| Embassy Suites by Hilton Portland Maine, a 119-room, full-service hotel at 1050 Westbrook Street adjacent to the Portland International Jetport in Portland, ME |
BOSTON, MA –– Holliday Fenoglio Fowler, L.P. (HFF) announces that it
has closed the sale of the Embassy Suites by Hilton Portland Maine, a
119-room, full-service hotel in Portland.
HFF represented the private sellers in the sale of the properties to AAM
15 Management, LLC.
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| Denny Meikleham |
The Embassy Suites by Hilton Portland Maine is situated at 1050
Westbrook Street adjacent to the Portland International Jetport and just
off Interstates 95 and 295 proximate to major local corporate demand
generators, including National Semiconductor, Unum and Maine Medical
Center.
Additionally, the asset is close to popular tourist
destinations such as the historic Old Port District and the beaches of Southern
Maine.
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| Alan Suzuki |
The six-story, all-suite hotel offers a full range of
amenities, including a restaurant, fitness center, indoor pool and 3,615 square
feet of meeting/event space. Complimentary breakfast and evening
receptions are offered to hotel guests as well.
The HFF investment advisory team representing the seller included managing
director Denny Meikleham, senior director Alan Suzuki and
director Matthew Enright.
About AAM
15 Management, LLC
AAM 15 Management is an independent private
equity real estate investment and hotel management company. AAM 15 Management
pursues acquisitions of hotel assets in the urban and suburban core throughout
the east coast of the United States.
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| Matthew Enright |
Management targets growing
business locations, with an emphasis on those that combine education,
commercial growth and positive 24/7 population trends.
CONTACTS:
DENNY MEIKLEHAM
HFF Managing Director
(617) 338-0990
JAMES KOURY
ME Lic. #BR904355
HFF Senior Managing Director
(617) 338-0990
OLIVIA HENNESSEY
HFF Public Relations
Specialist
(713) 852-3403
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