CHICAGO, IL – Paramount Lodging Advisors (PLA) has completed the sale of the Hawthorn Suites by Wyndham. The 129-room extended stay property is located at 246 Daniel Webster Highway in Merrimack, New Hampshire.
PLA Managing Directors Bennett Webster and Brent Clemens arranged the transaction.
“We’re pleased to get this one over the finish line and also with our continued success in the market. The trade follows our recent success on a four hotel Boston area portfolio and our work in the Connecticut I-95 corridor,” noted PLA’s Webster.
“Similar to our other New England hotel transactions, there was a significant amount of interest and subsequent bidding activity on the opportunity,” added Clemens.
The closing of the Hawthorn Suites Merrimack is PLA’s sixth hotel transaction in New England in the preceding nine months.
