Ketan Patel Of HREC Investment Advisors Represents Seller In Sale At 270 South St Morristown

The transaction involved a three-property hotel portfolio located in New Jersey, which includes the 60-room Best Western Plus Morristown, the 40-room Best Western Westfield, and the 76-room Best Western Plus Murray Hill. The exact sales price for this portfolio remains undisclosed, and details regarding the square footage of the properties are not provided. The address of one of the properties is 270 South St, Morristown, NJ, 07960, and the market for these properties is identified as Morristown.

Summary of transaction details:

• Property Type: Hotel Portfolio
• Transaction Amount: Undisclosed
• Address: 270 South St, Morristown, NJ, 07960
• Market: Morristown
• Seller's Representative: Ketan Patel (HREC Investment Advisors)
• Buyer: Unknown
• Seller: Boyle Hotels

The seller in this transaction, Boyle Hotels, was represented by Mike Cahill and Ketan Patel of HREC. The buyer's identity remains undisclosed, maintaining confidentiality regarding the parties involved in the deal.