Hunter Hotel Advisors brokered the sale of the Hampton Inn & Suites Bridgewater in New Jersey. The property was purchased by Innzen Hospitality from FSG Bridgewater Hotel LLC.
Hunter’s Spencer Davidson, SVP, facilitated the transaction.
Located in the Raritan Valley, the Hampton Inn & Suites Bridgewater is in a vibrant business hub, home to major Fortune 500 and pharmaceutical companies such as MetLife, Johnson & Johnson and Philips-Van Heusen Corp. Less than an hour from New York City, the hotel benefits from the region’s rapid growth in leisure and healthcare, with key destinations including TD Bank Ballpark, Bridgewater Commons mall and RWJ University Hospital Somerset. Additional nearby landmarks include Newark Liberty International Airport, Somerset Corporate Office Park and Rockefeller Logistics Park, an industrial development center with more than 2 million sq. ft. of space leased out to companies such as Best Buy, Amazon and Louis Vuitton.
The 2017 Hampton Inn & Suites Bridgewater features a selection of 133 guestrooms, catering to both leisure and business travelers. Guests enjoy an on-site fitness center, an indoor pool and a lobby bar.
“Hunter was a pleasure to work with,” said Jen Stebbins Thomas, manager, FSG Bridgewater Hotel LLC. “Their discretion and deep market knowledge helped us successfully sell our Bridgewater asset. The process was handled professionally from start to finish.”
