Blog/News

Wason Associates Negotiates The Sale Of Hampton Inn And Fairfield Inn In New Hampshire

Wason Associates Hospitality Real Estate Brokerage Group is pleased to announce the successful transactions of the Hampton Inn in Dover, New Hampshire which closed on July 14, 2014 and the Fairfield Inn in Concord, New Hampshire which closed on November 12, 2014.

Located at 9 Hotel Drive, the Hampton Inn is a five year old property with major recent improvements. Located at 4 Gulf Street in Concord, the Fairfield Inn by Marriot has 104 guestrooms in New Hampshire’s state capital.

For the Hampton Inn, the seller was LaFrance-Bowden Hospitality, LLC and the buyer was Gangai, LLC. For the Fairfield Inn, the seller was Meera, LLC and the buyer was Capital Hotel Company, LLC. The transactions were negotiated by Wason Associates Hospitality Real Estate Brokerage Group.

“We are very pleased by the negotiations of the Hampton Inn in Dover, NH and the Fairfield Inn in Concord, NH,” states Earle Wason, President of Wason Associates. “We are thrilled that Wason Associates continues to facilitate the successful transfers of hospitality properties during these recovering economic times.”

About Wason Associates

Wason Associates Hospitality Real Estate Brokerage Group is a highly-respected New England-based brokerage firm comprised of professionals who bring a unique combination of financial, banking, and real estate expertise to each transaction. President Earle Wason, CCIM has over 30 years of experience in the hospitality real estate market. Offering advisory services to both buyers and sellers, Wason Associates provides a strategic, client-centric approach to problem-solving, financial advising, and transaction execution. For more information on Wason Associates, visit hospitalityrealestate.com.