Warwick, Rhode Island-based Magna Hospitality Group has acquired the Hampton Inn Boston-Logan Airport in Revere from Linchris Hotel Corp. of Hanover for $36.9 million.

Located at 230 Lee Burbank Highway/Route 1A, the 7-story, 277-room hotel was built in 2001 and features function space, an indoor pool, business center, complimentary shuttle service, airline crew lounge and the Two Doors Down Bar & Restaurant.

HFF’s Denny Meikleham and Alan Suzuki represented the seller.

According to its website, Magna Hospitality is making acquisitions on behalf of its $75 million Magna Hotel Fund III, a discretionary fund that closed in 2008.

Linchris Hotel Corp. Sells Revere Hotel

by Banker & Tradesman time to read: <1 min
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