Rochester, NY HREC Investment Advisors completed the sale of the 77-guestroom Hampton Inn Rochester Irondequoit. A regional owner/operator has acquired the property. The sale price was not disclosed.
HREC Investment Advisors exclusively represented the seller during the transaction. The marketing, negotiations and final sale were led by Ketan Patel, managing director in the Washington D.C. office, and Mark von Dwingelo, senior vice president in the Danbury, Conn. office. The seller is an entrepreneurial real estate company that builds and owns various properties across the real estate spectrum.
The Hampton is off the Keeler St. Expressway near the Eastman Kodak Business Park and the city’s Central Business District.