News: Owners Developers & Managers

Eklund of Commercial Realty Advisors, Inc. brokers sale of The Inn on the Sound to Triple S Hospitality

Falmouth, MA According to Commercial Realty Advisors, Inc., Jeff Eklund, vice president in real estate sales, has listed and sold The Inn on the Sound, an oceanfront Cape Cod bed & breakfast located at 313 Grand Ave. The sale closed on January 25, and the buyer preferred to keep the sale price undisclosed.

Constructed in 1872, the inn has been renovated to provide modern-day luxuries. The inn is comprised of 11 guest rooms; amenities include private balconies, ocean views and landscapes of the grounds’ gardens. Guests enjoy homemade breakfasts served daily in the dining room. 

The new owner, Jon Saunders of Triple S Hospitality, LLC, owns The Beacon Luxury Inn in Hull, Mass. and is adding this site to his portfolio. He plans to continue running the Inn on the Sound as a high-end luxury bed and breakfast. 

MORE FROM Owners Developers & Managers

Colwen Hotels celebrates opening of the first hotel in Portland’s Thompson’s Point - Residence Inn by Marriott and Moxy Hotel

Portland, ME Colwen Hotels celebrated the opening of Residence Inn by Marriott and Moxy Hotel Portland Thompson’s Point, the first hotel in the city’s Thompson’s Point district. Developed by XSS Hotels and managed by Colwen Hotels, the five-story, dual-branded property introduces 148 guestrooms to one of southern Maine’s fastest-growing waterfront destinations.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
The legislature has spoken:  New Hampshire doubles down on housing in commercial zones - by John Sokul

The legislature has spoken: New Hampshire doubles down on housing in commercial zones - by John Sokul

Last year, the New Hampshire Legislature enacted HB 631, a landmark housing measure requiring municipalities to permit multifamily housing in commercially zoned districts. The law generated
Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

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
Revitalized Town Centers:  Retail??? - by Carol Todreas

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

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