JNR has recently completed the sale of a 100-key hotel, Fairfield Inn & Suites Raynham Middleborough/Plymouth, in Massachusetts. The exact price of the transaction was not disclosed.
Situated on 2.45 acres, this property underwent a $3.3 million renovation (equivalent to $33,000 per key) in Q2 of 2018 and is located at 4 Chalet Rd. It boasts an ideal location at the intersection of Interstate 495 and Route 44 with easy access to Route24 interchange. Additionally, it is only four miles away from Commuter Rail which provides convenient transportation options for guests traveling to Boston or other nearby destinations.
Leading the JLL team were Alan Suzuki, Matthew Enright and Emily Zhang who facilitated this successful deal.