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Baywood Hotels Buys Lot in New Hampshire to Build Hyatt Place Hote

April 26, 2023

Source: Connect CRE

Baywood Hotels has acquired 165 Deer Street, Lot 3, in downtown Portsmouth, New Hampshire, for $4.25 million from Foundry Place Hotel. The property is adjacent to the Foundry Place Garage and Baywood plans to build a new five-story Hyatt Place hotel on the site with 117 modern rooms, a 51-space parking garage, and a ground-level café.  Christian Stallkamp from The Boulos Company acted as the broker for the seller in the transaction.

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