Trevor Thomas Of CanalHouse Hospitality Enterprises Acquires Grand Eastonian Hotel In Easton For $5.6M

The sale involved the Grand Eastonian Hotel & Suites, a historic hotel property located at 140 Northampton Street in Easton, PA. The asset comprises 50 rooms and was sold for $5,600,000. The hotel includes retail space and various amenities, and it is situated near significant attractions such as Lafayette College and the State Theatre. It originally opened in 1927 and has undergone renovations over the years.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: $5,600,000
• Buyer: Trevor Thomas - CanalHouse Hospitality Enterprises LLC
• Seller: Nature Nurture Foundation
• Broker: Vasilis Halakos - JLL
• Keys: 50
• Price Per Key: $112,000

Vasilis Halakos represented JLL in facilitating the transaction between the buyer, CanalHouse Hospitality Enterprises LLC, and the seller, Nature Nurture Foundation. This sale marks a significant transaction within the hospitality sector in Easton, PA, involving key stakeholders committed to enhancing the local hospitality landscape.