GL Rogers & Co. Acquires Hotels Totaling 158 Rooms in Maine for $16.9M

FREEPORT AND WATERVILLE, MAINE — GL Rogers & Co., through Pendleton Point LLC, has purchased the Hampton Inn Freeport and the Hampton Waterville, two hotels totaling 158 rooms in Freeport and Waterville. The Vickery Company sold the assets for $16.9 million. Located at 194 Lower Main St. in Freeport, Hampton Inn Freeport features 77 guest rooms, 312 square feet of function space, a business center, fitness room and indoor pool. Located at 425 Kennedy Memorial Drive in Waterville, Hampton Inn Waterville features 81 guest rooms, a fitness room, indoor pool and business center, as well as 1,850 square feet of function space. The buyer has retained Maine Course Hospitality Group to manage both hotel properties. Denny Meikleham and Alan Suzuki of HFF represented the seller in the transaction.

Content Partners
‣ Arbor Realty Trust
‣ Bohler
‣ Lee & Associates
‣ Lument
‣ NAI Global
‣ Northmarq
‣ Walker & Dunlop

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