 (1).png)
News:
Owners Developers & Managers
Posted: June 16, 2023
CBRE handles sale of Holiday Inn Express & Suites Manchester-Airport located at 1298 S. Porter St.
Manchester, NH CBRE has completed the sale of Holiday Inn Express & Suites Manchester-Airport located at 1298 S. Porter St. The hotel was acquired by Manchester Hospitality. The sale price was not disclosed.
CBRE’s Dave McElroy and Scott Hutchinson of CBRE Hotel Brokerage and Investment Sales represented the seller, the Singer family of Manchester, during the transaction.
“This hotel offers a unique opportunity to take a position in a steady and growing market at a time when business travel is making a double-digit comeback,” said McElroy. “The Holiday Inn Express will allow Manchester Hospitality to capture the leisure demand, which has already returned to pre-pandemic levels. The buyer is planning a complete renovation, which will kick-start the recovery started under the Singer family’s ownership and Linchris Hotels management.”
Opened in 2003, the Holiday Inn Express & Suites takes advantage of visibility from I-293, in a location, 3.7 miles from the Manchester-Boston regional airport. The hotel features a total of 108 guestrooms with a mix of room types, indoor pool and fitness center and meeting space
MORE FROM Owners Developers & Managers
Routine Properties acquires Bristol Business Park at 383 Middle St. - 406,665 s/f industrial campus
Bristol, CT Routine Properties, a boutique real estate development and investment firm specializing in industrial assets throughout the Northeast, has acquired the Bristol Business Park, a 406,665 s/f industrial campus located at 383 Middle St.
.png)
Columns and Thought Leadership
Revitalized Town Centers: Retail??? - by Carol Todreas
It is now widely accepted that customers want to shop in person at physical stores. Brands know that they do better business in a physical store than just on line so they want to open stores. Demand for retail space by digital merchants, local entrepreneurs, and newly developed national chains
IREM president’s message: Our new reality - Staying ahead of supply chain delays - by Yoany Vargas
Supply chain delays are slowing construction, ratcheting up operating costs, and extending turnover timelines across Greater Boston, directly reducing revenue and increasing the workload for multifamily and
Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala
Until recently, the Conant Thread District consisted of approximately 150 acres of underutilized industrial land spanning Pawtucket and Central Falls. Today, the area is one of the most significant
Florida ruling raises bar for condo terminations and buyouts - by Michael Karsch
On October 14, 2025, in a landmark decision with significant implications for the Florida real estate market, the Supreme Court of Florida formally denied Two Roads Development’s (TRD Biscayne LLC) petition for review in its long-running case against unit owners of Biscayne 21,