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BEDFORD, MASS. — Acting on behalf of a pension fund client, Lowe Enterprises Investors (LEI) has acquired the Doubletree Bedford Glen Hotel in Bedford from AEW Capital Management for an undisclosed amount. The 281-room hotel is located at 44 Middlesex Turnpike. The hotel underwent a significant renovation in 2006, but LEI plans to implement a $1 million capital improvement plan to upgrade the property, including the common areas and meeting space. The hotel will be managed by LEI affiliate Destination Hotels & Resorts and will continue to operate as a Doubletree branded hotel.