SPERRY VAN NESS COMPLETES SALE OF WELLESLEY INN

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DANBURY, CONN. — Thomas Hamm of Sperry Van Ness has competed the $5.5 million sale of Wellesley Inn in Danbury. The 181-room hotel is situated on 12 acres just off Exit 8 of Interstate 84 at 116 Newtown Rd. The facility also includes a restaurant that is currently leased to Outback Steakhouse. Hamm represented the sellers, BRE/Prime Holdings and WIH Hotels, affiliates of the Blackstone Group; and the buyer, DP39 LLC and AE7, LLC, affiliates of Diamond Properties. The buyers plan to implement a $5 million renovation and rebranding program.

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