BOSTON, MA– Holliday Fenoglio Fowler, L.P. (HFF) announced the sale of the 107-room Nantasket Beach Resort in the suburban Boston-area community of Hull, Massachusetts.
The HFF team represented the seller, Nantasket Resort, Inc., and procured the buyer, Newport Hotel Group.
Nantasket Beach Resort is located at 45 Hull Shore Drive along Nantasket Beach, which attracts more than 200,000 visitors per year. The property is positioned just 12 miles south of Boston and is the largest full-service hotel serving the South Shore. Renovated in 2016, the oceanfront hotel offers guests superior amenities, including private balconies with ocean views, whirlpool baths, two restaurants – the Paragon Grill and Surf Lounge, an indoor heated pool, jacuzzi, fitness center, business center, the Beach Shack, an arcade and 10,000 square feet of meeting space.
The HFF investment advisory team representing the seller consisted of managing director Denny Meikleham, senior director Alan Suzuki and director Matthew Enright.
Newport Hotel Group is a collection of boutique hotels located throughout New England, and one hotel in Jackson Hole, Wyoming. Through careful design and renovation, the company provides its guests with luxurious accommodations and an authentic sense of place. Its beachfront locations offer nautical inspiration from the ocean, its harbor front locations offer maritime influences, and its mountain locations offer cozy, rustic luxury. The company’s core team leaders, with an average of 20 years with the company, makes the firms vision a reality with every day and every stay.