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HFF Announces The Sale Of The Residence Inn Portland Downtown/Waterfront Hotel In Miami

Tuesday, October 17, 2017
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Residence Inn
Residence Inn

BOSTON—Holliday Fenoglio Fowler, L.P. (HFF) announces the sale of the 179-suite Residence Inn Portland Downtown/Waterfront hotel located in Portland, Maine.

The HFF team marketed the property on behalf of the seller, Norwich Partners, and procured the buyer. The hotel was purchased unencumbered of management.

The Residence Inn Portland Downtown/Waterfront is located at 145 Fore Street at the corner of Fore and Hancock Streets in downtown Portland. The hotel is across from the Ocean Gateway Garage and just up the street from the Ocean Gateway Terminal cruise port as well as many of Portland’s restaurants, retail shops, leisure attractions and offices. Completed in 2009, the five-story property features suites with fully equipped kitchens, the Shipyard Lounge, 1,235 square feet of event space, an outdoor courtyard, business center, fitness center, indoor pool and complimentary hot breakfast.

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

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