SOLD! 63 Unit Hotel Orleans, MA

 

THE BUSINESS EXCHANGE  ARRANGES SALE OF SEASHORE PARK HOTEL IN ORLEANS, MA FOR $5.25M

Orleans, MA –  We are pleased to announce the sale of 24 Canal Rd. Orleans , MA known as Seashore Park Hotel.  The 3 + acre site, feature 29,000 SF of lodging with 63 doors. Senior partners Colin Moynihan and Adam Bauer of Ellis Realty Advisors and The Business Exchange represented the Seller’s Furman Realty Trust in the sale, Scott Hutchinson from CBRE Boston represented the buyer The Surf Company LLC.

The call for offers process conducted in the Spring netted multiple offers.  The Surf Company led by Principal Taylor Perkins was the ultimate winner in the bid process and his hospitality team completed the acquisition.  The Surf Company owns several hospitality assets throughout New England.