{"id":1004209218,"date":"2018-03-06T08:08:08","date_gmt":"2018-03-06T16:08:08","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004209218"},"modified":"2019-03-31T23:52:20","modified_gmt":"2019-04-01T07:52:20","slug":"hilton-garden-inn-changes-hands-in-maine","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/hilton-garden-inn-changes-hands-in-maine\/","title":{"rendered":"Hilton Garden Inn Changes Hands in Maine"},"content":{"rendered":"<div id=\"attachment_1004209219\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/03\/Hilton-Garden-Inn-Freeport-e1520338181375.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004209219\" data-attachment-id=\"1004209219\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/hilton-garden-inn-changes-hands-in-maine\/hotel-exterior-5\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/03\/Hilton-Garden-Inn-Freeport-e1520338181375.jpg\" data-orig-size=\"509,382\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;Gordon Chibroski\/Freelantz Image&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1125924238&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;Hotel Exterior&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Hilton Garden Inn Freeport Downtown\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Hilton Garden Inn Freeport Downtown &lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/03\/Hilton-Garden-Inn-Freeport-e1520338181375.jpg?w=509\" class=\"wp-image-1004209219 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/03\/Hilton-Garden-Inn-Freeport-e1520338181375.jpg\" alt=\"\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/03\/Hilton-Garden-Inn-Freeport-e1520338181375.jpg 509w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/03\/Hilton-Garden-Inn-Freeport-e1520338181375.jpg?resize=300,225 300w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004209219\" class=\"wp-caption-text\">Hilton Garden Inn Freeport Downtown<\/p><\/div>\n<p>AAM 15 Management LLC has purchased the 99-key <a href=\"https:\/\/www.commercialsearch.com\/news\/hilton-garden-inn-grows-with-four-more-hotels\/\">Hilton Garden Inn<\/a> Freeport Downtown from&nbsp;Dover Properties LLC in a deal facilitated by HFF. According to public records, the former owner purchased the property in 2004 for $2.2 million.<\/p>\n<p>The three-story hospitality asset is located at 5 Park St. in Freeport, Maine, adjacent to the Memorial Park site. Its proximity to State Road 1 and Interstate 295 offers easy access to downtown Portland, which is less than a 20-minute drive away. The hotel is&nbsp;situated next&nbsp;to the Freeport Shopping Village, a large-scale retail, entertainment and dining center.<\/p>\n<h2>Upscale amenities<\/h2>\n<p>The property includes the Hilton Garden Inn, built in 2005, along with an older, light-industrial, wood-frame structure dating back to 1900. The select-service asset features:<\/p>\n<ul>\n<li>7,500 square feet of meeting space<\/li>\n<li>garden grill &amp; bar<\/li>\n<li>fitness center<\/li>\n<li>indoor pool<\/li>\n<li>hot tub<\/li>\n<li>guest laundry<\/li>\n<li>car charging stations<\/li>\n<\/ul>\n<p>HFF\u2019s investment advisory team, led by Managing Director Denny Meikleham, Senior Director Alan Suzuki and Director Matthew Enright, represented the seller.<\/p>\n<p><em>Image&nbsp;courtesy of&nbsp;HFF<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dover Properties LLC sold Hilton Garden Inn Freeport Downtown, a 99-key asset dating back to 2005, located within a 20-minute drive of Portland.<\/p>\n","protected":false},"author":739,"featured_media":1004209219,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21783,21742,10],"tags":[44990,35520,32792,32805,33115],"class_list":["post-1004209218","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-investment","category-latest","category-northeast","tag-aam-15-management","tag-denny-meikleham","tag-hff","tag-hilton","tag-hilton-garden-inn"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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