CBRE Hotels as the exclusive advisor is pleased to present the opportunity to acquire the fee-simple interest in the 248-key DoubleTree by Hilton Manchester Downtown and the 1,000-space Center of New Hampshire Parking Garage (collectively, the “Properties” or “Assets”). Located directly across from the Southern New Hampshire University Arena (“SNHU Arena”) on a combined 7 acres, the connected Properties command a dominant, irreplaceable position as Downtown Manchester’s only full-service hotel and largest parking garage, while offering the closest lodging and parking access to the SNHU Arena.
Manchester is a strong and sought-after lodging investment market in New England, a magnet for year-round leisure and corporate demand. Forbes has named the city among the top five educated cities in the United States. The market produces a broad and complimentary pattern of lodging demand, generated by drive-to leisure, corporate, university, and healthcare. Given its nearly 60,000 SF of meeting and event spaces, the DoubleTree can manufacture its own group business to augment the market’s strength.