HFF closes sale of three property hotel portfolio for Linchris Hotel Corp.

Milford, MA Holliday Fenoglio Fowler, L.P. (HFF) has closed a three-property, renovated hotel portfolio totaling 433 rooms in the Greater Boston area. The portfolio comprises the DoubleTree by Hilton Hotel Boston – Milford, the Doubletree by Hilton Hotel Boston – Rockland and the Hilton Garden Inn Plymouth.

HFF represented the seller, Linchris Hotel Corp., and procured the buyer, Jamsan Hotel Management. 

The hotels are all located within 40 miles of Boston and benefit from access to local lodging demand generators. The DoubleTree Hilton Hotel Boston – Milford offers 176 rooms and 10,000 s/f of meeting space. The hotel captures lodging demand from Gillette Stadium/Patriot Place, the Xfinity Center, the New England Sports Center and corporate demand from local corporations, including Dell EMC. The 127-room DoubleTree by Hilton Hotel Boston – Rockland has 3,814 s/f of meeting space and is located on the South Shore off Rte. 3. The Hilton Garden Inn Plymouth has 130 rooms and 1,372 s/f of meeting space. Plymouth is home to many historical tourist attractions, including Plimoth Plantation, Plymouth Rock and the Mayflower, which all generate leisure demand for the hotel. 

The HFF investment advisory team representing the seller included managing director Denny Meikleham, senior director Alan Suzuki and director Matthew Enright.